NOT LISTED FOR SALE

2530 Termino Ave Long Beach, CA 90815

Artcraft Manor Neighborhood

Estimated Value: $972,000 - $1,121,000

2 Beds
1 Bath
1,536 Sq Ft
$667/Sq Ft Est. Value

Last Sold March 11, 2014

Last sale price $512,000 $333 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $6,136/month

35 Days on Market

About This Home

As of March 2014

Fantastic investor opportunity! Or, great start for an owner-user investment. Also a wonderful investment property to add to an already thriving portfolio. Located in the desirable Artcraft Manor area of Long Beach, and central to many amenities, this is a property you will love to own! Please do not disturb tenants. There is 1 full 2car garage currently shared between the 2 units w/ ample add'l parking in the driveway.

Last Agent to Sell the Property

Paige Charnick

Beach Equities License #01755588 Listed on: 01/06/2014

Co-Listed By

Fingerhut Steve

Steve Fingerhut, Broker License #00479715

Last Buyer's Agent

LaureLee Barnes

RE/MAX College Park Realty License #00614365

RE/MAX College Park Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,143

Year Built

  • Built in 1944

Lot Details

  • 6,054 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage

Home Design

  • 1,536 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Location

  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 7218004037

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $2,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,143

Year Built

Built in 1944

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Artcraft Manor (AM)
  • Property Type: Residential Income
  • Parcel Number: 7218004037
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 333.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 6054.00
  • Lot Size Acres: 0.1390

Multi Family

  • Gross Income: 2600.00
  • Gross Scheduled Income: 31200.00
  • Lot Size Area: 6054.0000 Square Feet
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Other Income Description: 1300 each unit, low deposits
  • Rent Control: No

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2014
Closed on
Mar 18, 2014
Sold by
Kelman Robert S
Bought by
The Kelman Revocable Living Trust
Seller's Agent
Paige Charnick
Beach Equities
Buyer's Agent
LaureLee Barnes
RE/MAX College Park Realty
List Price
$530,000
Sold Price
$512,000
Premium/Discount to List
-$18,000
-3.4%
Current Estimated Value
$1,024,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$512,263
Avg. Annual Appreciation
6.03%
Original Mortgage
$409,600
Outstanding Balance
$310,314
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$694,706

Purchase Details

Listed on
Jan 6, 2014
Closed on
Feb 7, 2014
Sold by
Waldo Jeanette Ann
Bought by
Kelman Robert S and Kelman Pei Pei
Seller's Agent
Paige Charnick
Beach Equities
Buyer's Agent
LaureLee Barnes
RE/MAX College Park Realty
List Price
$530,000
Sold Price
$512,000
Premium/Discount to List
-$18,000
-3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,600
Outstanding Balance
$310,314
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$694,706
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
The Kelman Revocable Living Trust -- None Available
Kelman Robert S $512,000 Ticor Title Company Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelman Robert S $409,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2014 03/11/14 Sold $512,000 -3.4% $333 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $530,000 -- $345 / 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 $8,143 $627,630 $441,305 $186,325
2024 $8,143 $615,324 $432,652 $182,672
2023 $8,007 $603,260 $424,169 $179,091
2022 $7,522 $591,432 $415,852 $175,580
2021 $7,373 $579,837 $407,699 $172,138
2019 $7,269 $562,640 $395,607 $167,033
2018 $6,998 $551,608 $387,850 $163,758
2016 $6,439 $530,191 $372,791 $157,400
2015 $6,180 $522,228 $367,192 $155,036
2014 $1,013 $61,070 $31,571 $29,499
Source: Public Records

Agents Affiliated with this Home

  • Paige Charnick

    Seller's Agent in 2014

    Paige Charnick

    Beach Equities

    (562) 597-8413

    86 Total Sales

    Paige Charnick
    Section Image

  • F

    Seller Co-Listing Agent in 2014

    Fingerhut Steve

    Steve Fingerhut, Broker

    Section Image

  • L

    Buyer's Agent in 2014

    LaureLee Barnes

    RE/MAX

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14003431

California Regional Multiple Listing Service (CRMLS)

APN: 7218-004-037

California Los Angeles County Long Beach 90815 Artcraft Manor

2530 Termino Ave, Long Beach, CA

This home is located at 2530 Termino Ave, Long Beach, CA 90815 since 06 January 2014 and is currently estimated at $1,024,263, approximately $666 per square foot. This property was built in 1944. 2530 Termino Ave is a home located in Los Angeles County with nearby schools including Bixby Elementary School, Stanford Middle School, and Woodrow Wilson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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