NOT LISTED FOR SALE

Estimated Value: $708,000 - $1,135,000

4 Beds
2 Baths
2,672 Sq Ft
$352/Sq Ft Est. Value

Last Sold April 08, 2014

Last sale price $500,000 $187 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $5,645/month

6 Days on Market

About This Home

As of April 2014

Beautiful & Breathtaking Duplex. 2 Bedroom 1 Bath with Formal Dining Room and Office/Den. 1,350 Square feet. 1935 Classic. Spacious Bedrooms . Huge Bathroom.Walk In Closets. Central heat. Large Kitchen with breakfast bar. Separate dining room. Inside laundry. New exterior and interior paint. Refinished hardwood floors. Large private backyard. Feels like a single family home. Quiet tree-lined street. Upstairs unit has a large balcony for enjoying those sunny California days. Situated in the Wrigley area of Long Beach. Pets may be ok.

Last Agent to Sell the Property

Jack Pisciotta

RAD Real Estate Management Inc License #01091796 Listed on: 02/12/2014

Last Buyer's Agent

Carl Izbicki

EPLA Homes License #01092798

EPLA Homes

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 5,580 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,672 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 14 / 3
  • Assessor Parcel Number 7205002014

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $5,888
  • Gross Income $3,000
  • Net Operating Income $24,612

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Subdivision Name Other: Wrigley Area (WR)
  • Water Sewer Expenses: 1200.00
  • Well Report: No
  • Property Type: Residential Income
  • Parcel Number: 7205002014
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 187.13

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 5580.00
  • Lot Size Acres: 0.1280

Multi Family

  • Gross Income: 3000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5580.0000 Square Feet
  • Net Operating Income: 24612.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 11388.00
  • Rent Control: No
  • Total Actual Rent: 2600.00

Tax Info

  • New Taxes Expense: 5888.00
  • Tax Block: 3
  • Tax Lot: 14
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2017
Sold by
Izbicki Carlos
Bought by
Izbicki Carlos and Reed Shane
Current Estimated Value
$939,703

Purchase Details

Listed on
Feb 12, 2014
Closed on
Feb 19, 2014
Sold by
Desmet Anthony
Bought by
Izbicki Carlos
Seller's Agent
Jack Pisciotta
RAD Real Estate Management Inc
Buyer's Agent
Carl Izbicki
EPLA Homes
List Price
$509,905
Sold Price
$500,000
Premium/Discount to List
-$9,905
-1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Original Mortgage
$375,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2012
Sold by
Wiggins Bernadine
Bought by
Desmet Anthony M and Desmet Kathleen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 1996
Sold by
Wiggins Bernadine
Bought by
Wiggins Bernadine

Purchase Details

Closed on
Nov 6, 1995
Sold by
Smalley Samuel C
Bought by
Wiggins Bernadine and White Corey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,276
Interest Rate
7.18%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Izbicki Carlos -- None Available
Izbicki Carlos $500,000 Title 365
Desmet Anthony M $304,000 Chicago Title Company
Wiggins Bernadine -- --
Wiggins Bernadine $164,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Izbicki Carlos $375,000
Previous Owner Desmet Anthony M $228,000
Previous Owner Wiggins Bernadine $160,276
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2015 04/18/15 Rented $1,790 -5.8% --
04/14/2015 04/14/15 Under Contract -- -- --
02/20/2015 02/20/15 For Rent $1,900 +6.1% --
01/15/2015 01/15/15 Rented $1,790 -3.2% --
01/06/2015 01/06/15 Under Contract -- -- --
11/12/2014 11/12/14 For Rent $1,850 0.0% --
04/08/2014 04/08/14 Sold $500,000 -1.9% $187 / Sq Ft
02/18/2014 02/18/14 Pending -- -- --
02/12/2014 02/12/14 For Sale $509,905 -- $191 / 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 $8,654 $666,238 $267,655 $398,583
2024 $8,654 $653,175 $262,407 $390,768
2023 $8,510 $640,368 $257,262 $383,106
2022 $7,994 $627,813 $252,218 $375,595
2021 $7,829 $615,504 $247,273 $368,231
2020 $7,808 $609,194 $244,738 $364,456
2019 $7,717 $597,250 $239,940 $357,310
2018 $7,471 $585,540 $235,236 $350,304
2016 $6,342 $517,766 $207,106 $310,660
2015 $6,089 $509,990 $203,996 $305,994
2014 $3,907 $311,487 $153,694 $157,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14030054

California Regional Multiple Listing Service (CRMLS)

APN: 7205-002-014