NOT LISTED FOR SALE

26 E Market St Long Beach, CA 90805

Addams Neighborhood

Estimated Value: $1,090,000 - $1,368,000

9 Beds
5 Baths
3,926 Sq Ft
$310/Sq Ft Est. Value

Last Sold September 20, 2013

Last sale price $545,000 $139 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $7,063/month

21 Days on Market

About This Home

As of September 2013

THIS IS A SHORT SALE .THREE UNITS ARE 2 STORY 2 BEDROOMS, 1.5 BATHS EACH.
FOURTH UNIT IS A 3 BEDROOM 2 BATH OVER GARAGES, ONE LEVEL WITH LARGE BALCONY.
NO RENT CONTROL.
EACH UNIT HAS A ONE CAR GARAGE PARKING

Last Agent to Sell the Property

Daniel Hernandez

Excellence RE Real Estate License #01042373 Listed on: 03/21/2013

Last Buyer's Agent

Ruth Bonilla

Century 21 Jervis & Associates License #01066238

Century 21 Jervis & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 7,126 Sq Ft Lot
  • Two or More Common Walls
  • No Sprinklers

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 3,926 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 19.2
  • Tax Tract Number 5134
  • Assessor Parcel Number 7131001072

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $552
  • Fuel Expense $180
  • Insurance Expense $800
  • Trash Expense $600
  • Water Sewer Expense $2,112
  • New Taxes Expense $6,500
  • Operating Expense $10,744
  • Gross Income $4,280
  • Net Operating Income $45,651

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2112.00
  • Property Type: Residential Income
  • Parcel Number: 7131001072
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 138.82

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 600.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 7126.00
  • Lot Size Acres: 0.1640

Multi Family

  • Electric Expense: 552.00
  • Fuel Expense: 180.00
  • Gross Income: 4280.00
  • Gross Scheduled Income: 52678.00
  • Insurance Expense: 800.00
  • Lot Size Area: 7126.0000 Square Feet
  • Net Operating Income: 45651.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 10744.00
  • Rent Control: No
  • Total Expenses: 10744.00

Tax Info

  • New Taxes Expense: 6500.00
  • Tax Lot: 19.2
  • Tax Tract Number: 5134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2013
Closed on
Sep 16, 2013
Sold by
Uribe Alexandra
Bought by
Erazo Rafael Hasbua and Laura L Hasbun M
Seller's Agent
Daniel Hernandez
Excellence RE Real Estate
Buyer's Agent
Ruth Bonilla
Century 21 Jervis & Associates
List Price
$650,000
Sold Price
$545,000
Premium/Discount to List
-$105,000
-16.15%
Current Estimated Value
$1,217,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$672,667
Avg. Annual Appreciation
6.73%
Original Mortgage
$408,750
Outstanding Balance
$304,539
Interest Rate
4.36%
Mortgage Type
New Conventional
Estimated Equity
$913,128

Purchase Details

Closed on
Apr 2, 2004
Sold by
Uribe Guillermo
Bought by
Uribe Alexandra

Purchase Details

Closed on
Jan 20, 1998
Sold by
Trust Blakey Delno L Co Tr Blakey Family and Blakey Marie
Bought by
Ortiz Araceli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,845
Interest Rate
6.97%
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
Erazo Rafael Hasbua $545,000 Lawyers Title
Uribe Alexandra -- --
Ortiz Araceli $200,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erazo Rafael Hasbua $408,750
Previous Owner Ortiz Araceli $193,845
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2013 09/20/13 Sold $545,000 -16.2% $139 / Sq Ft
04/11/2013 04/11/13 Pending -- -- --
03/21/2013 03/21/13 For Sale $650,000 -- $166 / 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 $9,106 $668,086 $367,754 $300,332
2024 $9,106 $654,988 $360,544 $294,444
2023 $8,951 $642,146 $353,475 $288,671
2022 $8,422 $629,556 $346,545 $283,011
2021 $8,236 $617,212 $339,750 $277,462
2019 $8,119 $598,907 $329,674 $269,233
2018 $7,809 $587,164 $323,210 $263,954
2016 $7,173 $564,365 $310,660 $253,705
2015 $6,894 $555,889 $305,994 $249,895
2014 $6,862 $545,000 $300,000 $245,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Daniel Hernandez

    Excellence RE Real Estate

    Section Image

  • R

    Buyer's Agent in 2013

    Ruth Bonilla

    Century 21 Jervis & Associates

    (562) 862-2226

    12 Total Sales

    Ruth Bonilla
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13051178

California Regional Multiple Listing Service (CRMLS)

APN: 7131-001-072

California Los Angeles County Long Beach 90805 Addams

26 E Market St, Long Beach, CA

Not Listed for Sale

MultiFamily

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