NOT LISTED FOR SALE

2629 E 14th St Long Beach, CA 90804

Zaferia Neighborhood

Estimated Value: $1,124,218 - $1,317,000

3 Beds
1 Bath
2,484 Sq Ft
$490/Sq Ft Est. Value

Last Sold March 11, 2016

Last sale price $692,000 $279 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $7,277/month

24 Days on Market

Highlights

  • Lawn
  • Woodrow Wilson High School Rated A
  • No HOA

About This Home

As of March 2016

Front house is 3bd 1.5 ba recently remodeled and painted, and 3/ 1bd 1ba units in back, freshly painted and in good great condition. Front unit has a garage and room to park 2 cars in the drive way. Back unit has 2 single garages with tandem parking available for back units. Great for owner to live in front unit and rent out the rest for additional income.

Last Agent to Sell the Property

LAWSON LIN

REALTY MASTERS & ASSOCIATES License #01215597 Listed on: 08/22/2015

REALTY MASTERS & ASSOCIATES

Last Buyer's Agent

Prashant Sampat

Pacific Avenue Realty License #01916221

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 6,462 Sq Ft Lot
  • 1 Common Wall
  • Lawn

Parking

  • 3 Car Garage

Home Design

  • 2,484 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 1577
  • Assessor Parcel Number 7260018004

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $360
  • Gardener Expense $480
  • Insurance Expense $1,500
  • Pest Control $360
  • Trash Expense $900
  • Water Sewer Expense $900
  • New Taxes Expense $8,610
  • Gross Income $4,040
  • Net Operating Income $43,728

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Circle (CA)
  • Water Sewer Expenses: 900.00
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 7260018004
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 278.58

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 14.00

Utilities

  • Utilities: Sewer Connected
  • Pest Control Expense: 360.00
  • Trash Expense: 900.00

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Lawn
  • Lot Size Sq Ft: 6462.00
  • Price Per Lot Square Foot: 107.09
  • Lot Size Acres: 0.1480

Multi Family

  • Electric Expense: 360.00
  • Gross Income: 4040.00
  • Gross Scheduled Income: 48480.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6462.0000 Square Feet
  • Net Operating Income: 43728.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 4752.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8610.00
  • Tax Lot: 16
  • Tax Tract Number: 1577

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2015
Closed on
Jan 14, 2016
Sold by
Fleming Chad and Pless Eloisa
Bought by
Barua Ashutos and Barua Indira
Seller's Agent
LAWSON LIN
REALTY MASTERS & ASSOCIATES
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$688,800
Sold Price
$692,000
Premium/Discount to List
$3,200
0.46%
Current Estimated Value
$1,216,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$524,805
Avg. Annual Appreciation
5.94%
Original Mortgage
$640,740
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 10, 2005
Sold by
Halma Randall J and Milner Larry A
Bought by
Fleming Chad and Fleming Eloisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 12, 2003
Sold by
Milner Karen
Bought by
Milner Larry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,200
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2003
Sold by
Sanchez Edward M
Bought by
Halma Randall J and Milner Larry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,200
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2001
Sold by
Federal National Mortgage Association
Bought by
Sanchez Edward M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.63%

Purchase Details

Closed on
Dec 21, 2000
Sold by
Ba Mtg Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 29, 1993
Sold by
Lee John and Lim Hong Kim
Bought by
Lee John and Lim Hong Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,600
Interest Rate
7.38%
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
Barua Ashutos $692,000 Lawyers Title
Fleming Chad $750,000 Stewart Title
Milner Larry A -- Chicago Title Co
Halma Randall J -- Chicago Title Co
Halma Randall J $459,000 Chicago Title Co
Sanchez Edward M $195,000 Commonwealth Land Title Co
Federal National Mortgage Association -- Fidelity Title
Ba Mtg Llc $228,599 Fidelity Title
Lee John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barua Ashutos $640,740
Previous Owner Fleming Chad $600,000
Previous Owner Halma Randall J $367,200
Previous Owner Sanchez Edward M $95,000
Previous Owner Lee John $235,600
Closed Fleming Chad $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2016 03/11/16 Sold $692,000 +0.5% $279 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
08/22/2015 08/22/15 For Sale $688,800 -- $277 / 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 $10,826 $819,181 $532,705 $286,476
2024 $10,826 $803,119 $522,260 $280,859
2023 $10,641 $787,372 $512,020 $275,352
2022 $9,999 $771,934 $501,981 $269,953
2021 $9,793 $756,799 $492,139 $264,660
2020 $9,768 $749,040 $487,093 $261,947
2019 $9,654 $734,354 $477,543 $256,811
2018 $9,324 $719,956 $468,180 $251,776
2016 $7,287 $580,000 $357,400 $222,600
2015 $7,099 $580,000 $357,400 $222,600
2014 $6,568 $525,000 $323,500 $201,500
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    LAWSON LIN

    REALTY MASTERS & ASSOCIATES

    (818) 512-7965

    8 Total Sales

    LAWSON LIN
    Section Image
  • Prashant Sampat

    Buyer's Agent in 2016

    Prashant Sampat

    Pacific Avenue Realty

    (562) 841-0227

    1 in this area

    223 Total Sales

    Prashant Sampat
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15192544

California Regional Multiple Listing Service (CRMLS)

APN: 7260-018-004

California Los Angeles County Long Beach 90804 Zaferia

2629 E 14th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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