NOT LISTED FOR SALE

2625 E 14th St Long Beach, CA 90804

Zaferia Neighborhood

Estimated Value: $1,170,404 - $1,407,000

8 Beds
4 Baths
3,000 Sq Ft
$432/Sq Ft Est. Value

Last Sold February 20, 2014

Last sale price $600,000 $200 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $7,597/month

33 Days on Market

Highlights

  • Fireplace in Bathroom
  • No HOA
  • 5-minute walk to Orizaba Park
  • Woodrow Wilson High School Rated A
  • Parking Storage or Cabinetry

About This Home

As of February 2014

Detached 2/1 bath house with garage build in 1920, back 3 units build 1988 all 2/1 baths with 5 parking, storage rooms. 3 are long terms section 8 tenants

Last Agent to Sell the Property

Navy Ortiz

Bronwyn Realty Inc License #01746268 Listed on: 12/11/2013

Last Buyer's Agent

Raymond Ramirez

First American Team Realty Inc License #01818458

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 6,199 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available

Home Design

  • 3,000 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms
  • Fireplace in Bathroom

Listing and Financial Details

  • Tenant pays for grounds care
  • Tax Lot 15
  • Tax Tract Number 1577
  • Assessor Parcel Number 7260018030

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
  • Insurance Expense $700
  • Trash Expense $500
  • Water Sewer Expense $2,220
  • New Taxes Expense $7,820
  • Gross Income $5,000
  • Net Operating Income $57,775

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2220.00
  • Property Type: Residential Income
  • Parcel Number: 7260018030
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Bath
  • Levels: Two
  • Price Per Square Foot: 200.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Built-In Storage
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6199.00
  • Lot Size Acres: 0.1420

Rental Info

  • Tenant Pays: Grounds Care

Multi Family

  • Average2 Bed Area: 850
  • Gross Income: 5000.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 700.00
  • Lot Size Area: 6199.0000 Square Feet
  • Net Operating Income: 57775.00
  • 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: 2220.00
  • Rent Control: No
  • Total Actual Rent: 5000.00

Tax Info

  • New Taxes Expense: 7820.00
  • Tax Lot: 15
  • Tax Tract Number: 1577
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2013
Closed on
Feb 2, 2014
Sold by
Khann Tithoudam
Bought by
Jackson Michael J and Jackson Katherine A
Seller's Agent
Navy Ortiz
Bronwyn Realty Inc
Buyer's Agent
Raymond Ramirez
First American Team Realty Inc
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%
Current Estimated Value
$1,297,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$697,351
Avg. Annual Appreciation
6.71%
Original Mortgage
$450,000
Outstanding Balance
$341,765
Interest Rate
4.47%
Mortgage Type
New Conventional
Estimated Equity
$955,586

Purchase Details

Closed on
Feb 13, 2013
Sold by
Niev Samnang
Bought by
Khann Tithoudam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,935
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 20, 2005
Sold by
Niev Samnang
Bought by
Niev Samnang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2002
Sold by
Ou Samnang
Bought by
Niev Samnang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,283
Interest Rate
6.05%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 2, 2002
Sold by
Rodriguez Daniel
Bought by
Ramirez Jose and Ramirez Petra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,283
Interest Rate
6.05%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 20, 2002
Sold by
Ramirez Jose and Ramirez Petra
Bought by
Niev Samnang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,283
Interest Rate
6.05%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 7, 1993
Sold by
Coast Federal Bank Fsb
Bought by
Ramirez Jose and Ramirez Petra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.81%
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
Jackson Michael J $600,000 Ticor Title Company Tustin
Khann Tithoudam $390,000 North American Title Co
Niev Samnang -- Fidelity National Title
Niev Samnang -- United Title
Ramirez Jose -- United Title
Niev Samnang $370,000 United Title
Ramirez Jose $190,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Michael J $450,000
Previous Owner Khann Tithoudam $382,935
Previous Owner Niev Samnang $637,000
Previous Owner Niev Samnang $364,283
Previous Owner Ramirez Jose $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2014 02/20/14 Sold $600,000 -4.0% $200 / Sq Ft
01/13/2014 01/13/14 Pending -- -- --
12/11/2013 12/11/13 For Sale $625,000 -- $208 / 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 $9,835 $735,508 $429,047 $306,461
2024 $9,835 $721,087 $420,635 $300,452
2023 $9,667 $706,949 $412,388 $294,561
2022 $9,087 $693,088 $404,302 $288,786
2021 $8,895 $679,499 $396,375 $283,124
2020 $8,872 $672,532 $392,311 $280,221
2019 $8,769 $659,346 $384,619 $274,727
2018 $8,462 $646,419 $377,078 $269,341
2016 $7,783 $621,320 $362,437 $258,883
2015 $7,477 $611,988 $356,993 $254,995
2014 $5,071 $391,770 $241,089 $150,681
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2014

    Navy Ortiz

    Bronwyn Realty Inc

    (714) 398-9877

    52 Total Sales

    Navy Ortiz
    Section Image

  • R

    Buyer's Agent in 2014

    Raymond Ramirez

    First American Team Realty Inc

    (714) 356-1412

    14 Total Sales

    Raymond Ramirez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS13246279

California Regional Multiple Listing Service (CRMLS)

APN: 7260-018-030

California Los Angeles County Long Beach 90804 Zaferia

2625 E 14th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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