P
Seller's Agent in 2015
Paul Demboski
Keller Williams Pacific Estate
(562) 676-6515
9 Total Sales
249 Molino Ave Long Beach, CA 90803
Bluff Heights NeighborhoodEstimated Value: $1,508,978 - $1,721,000
5
Beds
4
Baths
2,999
Sq Ft
$535/Sq Ft
Est. Value
Highlights
- Property is near a park
- Wood Flooring
- Den
- Woodrow Wilson High School Rated A
- No HOA
- Cooling Available
About This Home
As of November 2015This building is ideally located near shops and restaurants along Broadway and just a short stroll to the beach. It has 2 two bedroom two bath units, 1 one bedroom one bath unit plus den and 1 studio. The front two units have had upgrades to their kitchens and bathrooms with Granite counters and newer tile, they also have newer central heat, wood floors, and some updated energy star windows, along with fresh paint. The building has a coin operated laundry room. All of the units are individually metered for Electric and there are three gas meters. Plenty of upside potential in the rents as well.
Last Agent to Sell the Property
Keller Williams Pacific Estate License #01719539 Listed on: 08/01/2015
Last Buyer's Agent
Alice Markle
Realty One Group Diamond License #01398566
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 4,503 Sq Ft Lot
- Two or More Common Walls
- Garden
Parking
- 2 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Property Attached
Interior Spaces
- 2,999 Sq Ft Home
- Den
- Laundry Room
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Location
- Property is near a park
- Property is near public transit
- Urban Location
Utilities
- Cooling Available
- Central Heating
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 26
- Tax Tract Number 5767
- Assessor Parcel Number 7263017014
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 5 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $1,507
- Trash Expense $960
- Water Sewer Expense $2,400
- Gross Income $5,180
- Net Operating Income $53,933
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 29, 2016
Sold by
Rothstein Barry and Rothstein Betsy M
Bought by
Livi Barry Rothstein and Livi Betsy M Rothstein
Current Estimated Value
Purchase Details
Listed on
Aug 1, 2015
Closed on
Oct 28, 2015
Sold by
Castellano Phillip
Bought by
Rothstein Barry and Rothstein Betsy
Seller's Agent
Paul Demboski
Keller Williams Pacific Estate
Buyer's Agent
Alice Markle
Realty One Group Diamond
List Price
$995,000
Sold Price
$950,000
Premium/Discount to List
-$45,000
-4.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Purchase Details
Closed on
Apr 19, 2013
Sold by
Castellano Phillip and Duenas Betty
Bought by
Castellano Phillip
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,500
Interest Rate
3.41%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 22, 2000
Sold by
Basinet Michael James
Bought by
Castellano Phillip
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.08%
Purchase Details
Closed on
May 6, 1999
Sold by
Roberts Phyllis and Roberts Ronald L
Bought by
Basinet Michael James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,505
Interest Rate
6.84%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 10, 1998
Sold by
Roberts Gordon L
Bought by
Basinet Michael James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,505
Interest Rate
6.84%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Livi Barry Rothstein | -- | None Available | |
| Rothstein Barry | -- | None Available | |
| Rothstein Barry | $950,000 | Old Republic Title Company | |
| Castellano Phillip | -- | Servicelink | |
| Castellano Phillip | $475,000 | Fidelity Title | |
| Basinet Michael James | $112,500 | United Title | |
| Basinet Michael James | $112,500 | United Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Castellano Phillip | $565,500 | |
| Previous Owner | Castellano Phillip | $380,000 | |
| Previous Owner | Basinet Michael James | $223,505 | |
| Previous Owner | Basinet Michael James | $223,505 | |
| Closed | Castellano Phillip | $71,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/12/2015 11/12/15 | Sold | $950,000 | -4.5% | $317 / Sq Ft |
| 10/23/2015 10/23/15 | Pending | -- | -- | -- |
| 08/01/2015 08/01/15 | For Sale | $995,000 | -- | $332 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,349 | $1,124,602 | $651,086 | $473,516 |
| 2024 | $14,349 | $1,102,552 | $638,320 | $464,232 |
| 2023 | $14,109 | $1,080,934 | $625,804 | $455,130 |
| 2022 | $13,241 | $1,059,740 | $613,534 | $446,206 |
| 2021 | $12,980 | $1,038,961 | $601,504 | $437,457 |
| 2020 | $12,946 | $1,028,309 | $595,337 | $432,972 |
| 2019 | $12,795 | $1,008,147 | $583,664 | $424,483 |
| 2018 | $12,437 | $988,380 | $572,220 | $416,160 |
| 2016 | $11,441 | $950,000 | $550,000 | $400,000 |
| 2015 | $7,151 | $595,534 | $376,128 | $219,406 |
| 2014 | $7,108 | $583,870 | $368,761 | $215,109 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Demboski
-
Richard Gaylord
Seller Co-Listing Agent in 2015
Richard Gaylord
RE/MAX
(562) 618-2113
19 Total Sales
-
A
Buyer's Agent in 2015
Alice Markle
Realty One Group Diamond
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW15169806
APN: 7263-017-014
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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