Seller's Agent in 2019
Mohsen Shahbani
Coldwell Banker Realty
(562) 547-3324
35 Total Sales
2501 E Broadway Long Beach, CA 90803
Bluff Heights NeighborhoodEstimated Value: $915,000 - $1,477,935
5
Beds
3
Baths
2,505
Sq Ft
$440/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Laundry Room
- Floor Furnace
- Woodrow Wilson High School Rated A
About This Home
As of March 2019Fixer duplex in Prime location. The property has been used as residential income for many years. The area is consists of residential and commercial properties. Seems like the best use will be residential. The current zoning is LBCNP. The front unit ( 2501 Broadway) is a two story building with county record showing 2 bed 1 bath with 1825 SQ foot. The back unit off of Lindero (232 Lindero) is shown as a 1 bed 1 bath with 680 SQ foot.
Last Agent to Sell the Property
Coldwell Banker Realty License #01068932 Listed on: 01/31/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1907
Lot Details
- 4,518 Sq Ft Lot
- No Common Walls
Interior Spaces
- 2,505 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Location
- Property is near public transit
Utilities
- Floor Furnace
- No Utilities
Listing and Financial Details
- Tax Lot 25
- Assessor Parcel Number 7263016027
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 1 Leased Unit
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- New Taxes Expense $7,487
- Operating Expense $14,960
- Gross Income $49,800
- Net Operating Income $35,856
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 6, 2020
Sold by
Rafiq Talha
Bought by
Rafiq Talha and Rafiq Living Trust
Current Estimated Value
Purchase Details
Listed on
Jan 31, 2019
Closed on
Feb 21, 2019
Sold by
Laird Michael A and The Brian And Michael Laird Tr
Bought by
Rafiq Talha
Seller's Agent
Mohsen Shahbani
Coldwell Banker Realty
Buyer's Agent
Pat Cassara
Keller Williams Coastal Prop.
List Price
$599,000
Sold Price
$625,000
Premium/Discount to List
$26,000
4.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
Purchase Details
Closed on
Nov 8, 2018
Sold by
Laird Robert R
Bought by
The Brian And Michael Laird Trust
Purchase Details
Closed on
Jan 2, 2002
Sold by
Wells Fargo Bank Minnesota National Assn
Bought by
Laird Robert R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,900
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 13, 2001
Sold by
Walewski Scott
Bought by
Option One Mtg Loan Trust 2000-A Asset B
Purchase Details
Closed on
Dec 4, 1999
Sold by
Walewski Scott
Bought by
Walewski Scott
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
9.75%
Purchase Details
Closed on
Sep 15, 1995
Sold by
Walewski Henry and Walewski Doris
Bought by
Walewski Scott
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 |
|---|---|---|---|
| Rafiq Talha | -- | None Available | |
| Rafiq Talha | $625,000 | Ticor Title Company Of Calif | |
| The Brian And Michael Laird Trust | -- | None Available | |
| Laird Robert R | $245,000 | First American Title Ins Co | |
| Option One Mtg Loan Trust 2000-A Asset B | $255,000 | First American Title Ins Co | |
| Walewski Scott | -- | Fidelity Title | |
| Walewski Scott | -- | Fidelity National Title Ins | |
| Walewski Scott | -- | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Laird Robert R | $249,900 | |
| Previous Owner | Walewski Scott | $272,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/05/2019 03/05/19 | Sold | $625,000 | -4.0% | $250 / Sq Ft |
| 02/08/2019 02/08/19 | Price Changed | $651,000 | +8.7% | $260 / Sq Ft |
| 02/07/2019 02/07/19 | Pending | -- | -- | -- |
| 01/31/2019 01/31/19 | For Sale | $599,000 | -- | $239 / 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 | $8,944 | $697,194 | $446,205 | $250,989 |
| 2024 | $8,944 | $683,524 | $437,456 | $246,068 |
| 2023 | $8,794 | $670,123 | $428,879 | $241,244 |
| 2022 | $8,259 | $656,984 | $420,470 | $236,514 |
| 2021 | $8,088 | $644,103 | $412,226 | $231,877 |
| 2020 | $8,066 | $637,500 | $408,000 | $229,500 |
| 2019 | $4,835 | $358,843 | $192,017 | $166,826 |
| 2018 | $4,634 | $351,807 | $188,252 | $163,555 |
| 2016 | $4,252 | $338,148 | $180,943 | $157,205 |
| 2015 | $4,086 | $333,070 | $178,226 | $154,844 |
| 2014 | $4,064 | $326,546 | $174,735 | $151,811 |
Source: Public Records
Agents Affiliated with this Home
-
Mohsen Shahbani
-
Pat Cassara
Buyer's Agent in 2019
Pat Cassara
Keller Williams Coastal Prop.
(562) 818-2483
35 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW19023815
APN: 7263-016-027
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