NOT LISTED FOR SALE

256 Coronado Ave Long Beach, CA 90803

Bluff Heights Neighborhood

Estimated Value: $1,755,000 - $2,623,800

6 Beds
4 Baths
4,356 Sq Ft
$478/Sq Ft Est. Value

Last Sold June 28, 2012

Last sale price $1,010,000 $232 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $12,318/month

14 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • No Heating
  • Woodrow Wilson High School Rated A

About This Home

As of June 2012

Historic Bluff Heights Classic Spanish 4-plex in excellent condition. Front building has 2 HUGE, 2 bedrooms; original tilework in kitchen and baths, hardwood floors, arched doorways, breakfast nook (Home office?), formal dining, obscenely large bathrooms, built-in storage, copper plumbing. Back building has 2 - 1 bedrooms over 4 single car garages w/seperate laundry rm (washer and dryer to stay). Great Owner occ. type building, fully rented.

Last Agent to Sell the Property

John Dumke

John Dumke, Broker License #01030015 Listed on: 05/04/2012

Co-Listed By

Penny Dumke

John Dumke, Broker License #01096833

Last Buyer's Agent

Mohsen Shahbani

Coldwell Banker Realty License #01068932

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 6,251 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • 4,356 Sq Ft Home
  • Spanish Architecture
  • Tile Roof
  • Concrete Roof
  • Stucco

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • No Heating
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Tract Number 7257
  • Assessor Parcel Number 7257029010

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gardener Expense $75
  • Gross Income $5,950

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Gardener Expense: 75.00
  • Parcel Number: 7257029010
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 231.86

Exterior Features

  • Pool Private: No
  • Roof: Concrete, Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No
  • Appliances: Gas Water Heater
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6251.00
  • Lot Size Acres: 0.1440

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Income: 5950.00
  • Gross Multiplier: 14.29
  • Gross Scheduled Income: 71400.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6251.0000 Square Feet
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 4
  • Number Of Units Total: 4

Tax Info

  • Tax Area: 5500
  • Tax Lot: 0.
  • Tax Tract Number: 7257

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2021
Sold by
Herrera Paul David and Herrera Linda Lourdes
Bought by
Azteca Coronado Llc
Current Estimated Value
$2,082,950

Purchase Details

Closed on
Feb 12, 2013
Sold by
Herrera Paul David and Herrera Linda
Bought by
Herrera Paul David and Herrera Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$751,458
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2012
Closed on
Jul 23, 2012
Sold by
Herrera Paul David and Herrera Linda
Bought by
Herrera Paul David and Herrera Linda
Seller's Agent
John Dumke
John Dumke, Broker
Buyer's Agent
Mohsen Shahbani
Coldwell Banker Realty
List Price
$1,020,000
Sold Price
$1,010,000
Premium/Discount to List
-$10,000
-0.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%

Purchase Details

Listed on
May 4, 2012
Closed on
May 23, 2012
Sold by
Pecoroni Jeffrey and Archer Abigail
Bought by
Herrera David and Herrera Linda
Seller's Agent
John Dumke
John Dumke, Broker
Buyer's Agent
Mohsen Shahbani
Coldwell Banker Realty
List Price
$1,020,000
Sold Price
$1,010,000
Premium/Discount to List
-$10,000
-0.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$757,500
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2006
Sold by
Aardema Dean W and Aardema Christine
Bought by
Pecoroni Jeffrey and Archer Abigail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$888,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2003
Sold by
Aardema Dean W and Aardema Christine
Bought by
Aardema Dean W and Aardema Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,560
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2000
Sold by
Aardema Dean and Aardema Christine
Bought by
Aardema Dean W and Aardema Christine

Purchase Details

Closed on
Sep 25, 1996
Sold by
Lower Michael G
Bought by
Aardema Dean and Aardema Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,473
Interest Rate
8.37%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Azteca Coronado Llc -- None Listed On Document
Herrera Paul David -- Fidelity National Title
Herrera Paul David -- Fidelity National Title
Herrera Paul David -- Accommodation
Herrera David $1,010,000 North American Title Company
Pecoroni Jeffrey $1,110,000 North American Title Co
Aardema Dean W -- Act
Aardema Dean W -- --
Aardema Dean W -- --
Aardema Dean $146,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herrera Paul David $751,458
Previous Owner Herrera David $757,500
Previous Owner Pecoroni Jeffrey $888,000
Previous Owner Aardema Dean W $241,560
Previous Owner Aardema Dean $271,473
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2012 06/28/12 Sold $1,010,000 -1.0% $232 / Sq Ft
05/18/2012 05/18/12 Pending -- -- --
05/04/2012 05/04/12 For Sale $1,020,000 -- $234 / 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 $16,467 $1,268,606 $753,629 $514,977
2024 $16,467 $1,243,732 $738,852 $504,880
2023 $16,142 $1,219,346 $724,365 $494,981
2022 $15,159 $1,195,438 $710,162 $485,276
2021 $14,849 $1,171,999 $696,238 $475,761
2019 $14,637 $1,137,238 $675,588 $461,650
2018 $14,198 $1,114,941 $662,342 $452,599
2016 $13,049 $1,071,648 $636,623 $435,025
2015 $12,526 $1,055,552 $627,061 $428,491
2014 $12,442 $1,034,876 $614,778 $420,098
Source: Public Records

Agents Affiliated with this Home

  • John Dumke

    Seller's Agent in 2012

    John Dumke

    John Dumke, Broker

    (562) 572-2296

    25 Total Sales

    John Dumke
    Section Image

  • P

    Seller Co-Listing Agent in 2012

    Penny Dumke

    John Dumke, Broker

    Section Image
  • Mohsen Shahbani

    Buyer's Agent in 2012

    Mohsen Shahbani

    Coldwell Banker Realty

    (562) 547-3324

    35 Total Sales

    Mohsen Shahbani
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P820922

California Regional Multiple Listing Service (CRMLS)

APN: 7257-029-010

California Los Angeles County Long Beach 90803 Bluff Heights

256 Coronado Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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