NOT LISTED FOR SALE

2519 E Madison St Long Beach, CA 90810

Estimated Value: $671,000 - $884,000

4 Beds
4 Baths
1,804 Sq Ft
$447/Sq Ft Est. Value

Last Sold December 14, 2013

Last sale price $425,000 $236 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,022/month

106 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Level Lot

About This Home

As of December 2013

Two Single level duplexes on one lot. Nice street with almost all single family homes. Very good tenants. (Please don't disturb) One open, off street parking per unit, with plenty of on street parking available.

Last Agent to Sell the Property

Kirby Larson

Estate Properties License #00593173 Listed on: 05/30/2013

Estate Properties

Last Buyer's Agent

Ida Mavar

Estate Properties License #00716275

Estate Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,689

Year Built

  • Built in 1952

Lot Details

  • 5,872 Sq Ft Lot
  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Level Lot

Home Design

  • 1,804 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available
  • Assigned Parking

Listing and Financial Details

  • Tax Lot 107
  • Tax Tract Number 6720
  • Assessor Parcel Number 7308018024

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $140
  • Insurance Expense $1,200
  • Trash Expense $1,300
  • Water Sewer Expense $2,340
  • New Taxes Expense $5,268
  • Gross Income $3,250
  • Net Operating Income $27,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,689

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Other Phone Description: cell 310-480-86
  • Property Attached: Yes
  • Water Sewer Expenses: 2340.00
  • Property Type: Residential Income
  • Parcel Number: 7308018024
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Levels: One
  • Price Per Square Foot: 235.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1300.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 5872.00
  • Lot Size Acres: 0.1350

Multi Family

  • Average1 Bed Area: 451
  • Electric Expense: 140.00
  • Gross Income: 3250.00
  • Gross Scheduled Income: 39000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5872.0000 Square Feet
  • Net Operating Income: 27300.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 11700.00
  • Operating Expense Percent: 30.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5268.00
  • Tax Lot: 107
  • Tax Tract Number: 6720

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2017
Sold by
Martinez Jose I and Martinez Guadalupe
Bought by
Martinez Jose and Martinez Guadalupe
Current Estimated Value
$806,753

Purchase Details

Closed on
Oct 2, 2013
Sold by
Larson Kirby and Cole Anthony Lee
Bought by
Martinez Jose L and Martinez Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,500
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2011
Sold by
Larson Sarah
Bought by
Larson Kirby

Purchase Details

Closed on
Dec 14, 2010
Sold by
Gmac Mortgage Llc
Bought by
Larson Kirby and Cole Anthony Lee

Purchase Details

Closed on
Nov 23, 2010
Sold by
Zaragoza Pedro and De Zaragoza Catalina A
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corporation

Purchase Details

Closed on
Jul 26, 2006
Sold by
Benitez Felix Armando and Benitez Margarita
Bought by
Zaragoza Pedro and Zaragoza Catalina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
1.62%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 1, 2001
Sold by
Stellar Resouces Llc
Bought by
Benitez Felix Armando and Benitez Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,064
Interest Rate
7.14%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 18, 1999
Sold by
Jordan John and Jordan Nasreen
Bought by
Stellar Resources Llc

Purchase Details

Closed on
Feb 23, 1994
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Jordan John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
7.15%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Martinez Jose -- None Available
Martinez Jose I -- None Available
Martinez Jose L $425,000 Pacific Coast Title
Larson Kirby -- Chicago Title Insurance Co
Cole Anthony Lee -- Chicago Title Company
Larson Kirby $257,000 Chicago Title Insurance Co
Gmac Mortgage Llc $270,000 Accommodation
Zaragoza Pedro $540,000 Gateway Title Company
Benitez Felix Armando $190,000 Orange Coast Title
Stellar Resources Llc -- Orange Coast Title
Jordan John $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Jose L $290,500
Previous Owner Larson Kirby $167,050
Previous Owner Zaragoza Pedro $405,000
Previous Owner Benitez Felix Armando $225,000
Previous Owner Benitez Felix Armando $187,064
Previous Owner Jordan John $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2013 12/14/13 Sold $425,000 -3.2% $236 / Sq Ft
09/13/2013 09/13/13 Pending -- -- --
05/30/2013 05/30/13 For Sale $439,000 -- $243 / 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 $8,689 $520,981 $183,874 $337,107
2024 $8,689 $510,767 $180,269 $330,498
2023 $8,488 $500,753 $176,735 $324,018
2022 $8,082 $490,935 $173,270 $317,665
2021 $7,973 $481,310 $169,873 $311,437
2019 $7,636 $467,456 $164,836 $302,620
2018 $7,481 $458,299 $161,604 $296,695
2017 $7,367 $448,902 $158,436 $290,466
2016 $7,182 $440,101 $155,330 $284,771
2015 $7,007 $433,491 $152,997 $280,494
2014 $6,989 $425,000 $150,000 $275,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV13101181

California Regional Multiple Listing Service (CRMLS)

APN: 7308-018-024