NOT LISTED FOR SALE

Estimated Value: $801,055 - $949,000

3 Beds
2 Baths
1,277 Sq Ft
$661/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $405,000 $317 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $5,272/month

2 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • South Facing Home
  • Private Yard
  • 1 Car Garage
  • Block Wall Fence

About This Home

As of May 2017

PRICED TO SELL!! INVESTORS WANTED!! This family heirloom is ready to be brought back to its full potential. Live in one and rent the other, fix and flip, or buy and hold. Cute neighborhood, close to freeways, schools, parks, and shopping. Property is in mostly original condition, copper plumbing throughout. Selling AS-IS with no warranties. Buyer to verify all information and do due diligence. Home inspection to be provided once completed.

Last Agent to Sell the Property

Kelly Haynes

Seven Gables Real Estate License #01962361 Listed on: 04/24/2017

Seven Gables Real Estate

Last Buyer's Agent

Kelly Haynes

Seven Gables Real Estate License #01962361 Listed on: 04/24/2017

Seven Gables Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,964

Year Built

  • Built in 1936

Lot Details

  • 5,484 Sq Ft Lot
  • No Common Walls
  • South Facing Home
  • Block Wall Fence
  • Stucco Fence
  • Fence is in fair condition
  • Private Yard
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • 1 Open Parking Space
  • Driveway
  • On-Street Parking

Home Design

  • 1,277 Sq Ft Home
  • Duplex
  • Ranch Style House
  • Fixer Upper
  • Raised Foundation
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 45
  • Tax Tract Number 5992
  • Assessor Parcel Number 7126015027

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $90
  • Insurance Expense $60
  • Trash Expense $60
  • Water Sewer Expense $75
  • Operating Expense $325
  • Gross Income $16,800
  • Net Operating Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,964

Year Built

Built in 1936

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Water Sewer Expenses: 75.00
  • Zoning: LBR1N
  • Architectural Style: Ranch
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7126015027
  • Year Built: 1936
  • Special Features: None

Interior Features

  • Stories: 1277
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 317.15
  • Room Type: All Bedrooms Down

Exterior Features

  • Direction Faces: South
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Block, Fair Condition, Stucco Wall
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking Features: Driveway, Garage, Street
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 60.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Yard
  • Lot Size Sq Ft: 5484.00

Multi Family

  • Electric Expense: 90.00
  • Gross Income: 16800.00
  • Gross Scheduled Income: 16800.00
  • Insurance Expense: 60.00
  • Net Operating Income: 16800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 325.00

Tax Info

  • Tax Area: 4992
  • Tax Census Tract: 5703.03
  • Tax Lot: 45
  • Tax Rate: 3543.00
  • Tax Tract Number: 5992
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2019
Sold by
Hou Rattana and Hou Jennifer
Bought by
Miramontes Vidal Luna and Ceballos Maria
Current Estimated Value
$826,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$631,053
Outstanding Balance
$557,684
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$286,830

Purchase Details

Closed on
Sep 14, 2017
Sold by
Hou Rattana and Hou Jennifer L
Bought by
Hou Rattana and Hou Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 24, 2017
Closed on
May 10, 2017
Sold by
Gavert Carlene Roseanne Antoinette
Bought by
Gavert Pepe
Seller's Agent
Kelly Haynes
Seven Gables Real Estate
Buyer's Agent
Kelly Haynes
Seven Gables Real Estate
List Price
$449,000
Sold Price
$405,000
Premium/Discount to List
-$44,000
-9.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%

Purchase Details

Listed on
Apr 24, 2017
Closed on
May 5, 2017
Sold by
Zumora Gavert Pepe and Zumora Gavert Pepe
Bought by
Hou Rattana and Hou Jerinifer L
Seller's Agent
Kelly Haynes
Seven Gables Real Estate
Buyer's Agent
Kelly Haynes
Seven Gables Real Estate
List Price
$449,000
Sold Price
$405,000
Premium/Discount to List
-$44,000
-9.8%

Purchase Details

Closed on
Nov 28, 2012
Sold by
Gavert Pepe Zumora and Swanson Family Trust
Bought by
Gavert Pepe Zumora

Purchase Details

Closed on
Jun 12, 1997
Sold by
Swanson Charles E and Swanson Dorothea H
Bought by
Swanson Charles E and Swanson Dorothea H
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Miramontes Vidal Luna $645,000 Provident Title
Hou Rattana -- Provident Title Co
Hou Rattana -- Provident Title Company
Gavert Pepe -- Fidelity National Title
Hou Rattana $405,000 Fidelity National Title
Gavert Pepe Zumora -- None Available
Swanson Charles E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miramontes Vidal Luna $631,053
Previous Owner Hou Rattana $388,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2017 05/26/17 Sold $405,000 -9.8% $317 / Sq Ft
04/24/2017 04/24/17 For Sale $449,000 -- $352 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $8,964 $705,399 $377,306 $328,093
2024 $8,964 $691,568 $369,908 $321,660
2023 $8,812 $678,008 $362,655 $315,353
2022 $8,272 $664,715 $355,545 $309,170
2021 $8,109 $651,682 $348,574 $303,108
2020 $8,172 $645,000 $345,000 $300,000
2019 $5,524 $421,362 $239,292 $182,070
2018 $5,310 $413,100 $234,600 $178,500
2016 $3,544 $280,860 $192,442 $88,418
2015 $3,405 $276,642 $189,552 $87,090
2014 $3,390 $271,224 $185,839 $85,385
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17089533

California Regional Multiple Listing Service (CRMLS)

APN: 7126-015-027