NOT LISTED FOR SALE

Estimated Value: $1,076,000 - $1,371,000

7 Beds
6 Baths
3,516 Sq Ft
$340/Sq Ft Est. Value

Last Sold October 07, 2016

Last sale price $685,000 $195 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $7,045/month

Highlights

  • No HOA
  • Laundry Room
  • Central Heating and Cooling System
  • Holmes Elementary School Rated A-

About This Home

As of October 2016

4 units Income property in North Long Beach with no Rent Control located near Lakewood Garden and belongs to Lakewood school district.
Property to be sold "As-is" The seller will not fix or warrant the condition of the property.

Last Agent to Sell the Property

Joel Dalguntas

Coldwell Banker Envision License #01334524 Listed on: 08/08/2016

Coldwell Banker Envision

Last Buyer's Agent

Gabriel Perez

T.N.G. Real Estate Consultants License #01398924

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 4,758 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • 1 Carport Space

Home Design

  • 3,516 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Additional Features

  • Laundry Room
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 7831
  • Assessor Parcel Number 7157008041

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $500
  • Insurance Expense $1,000
  • Trash Expense $200
  • Water Sewer Expense $300
  • New Taxes Expense $100
  • Gross Income $4,430
  • Net Operating Income $2,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

4,758 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 300.00
  • Zoning: LBR3T
  • Property Type: Residential Income
  • Parcel Number: 7157008041
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 194.82

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 4.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Trash Expense: 200.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4758.00
  • Price Per Lot Square Foot: 147.10

Multi Family

  • Electric Expense: 500.00
  • Gross Income: 4430.00
  • Gross Scheduled Income: 4430.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 2000.00
  • 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: 230.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 100.00
  • Tax Lot: 9
  • Tax Tract Number: 7831

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2016
Closed on
Aug 29, 2016
Sold by
Gabriel Benigno T
Bought by
Sea Pisei and Luong Thanh T
Seller's Agent
Joel Dalguntas
Coldwell Banker Envision
Buyer's Agent
Gabriel Perez
T.N.G. Real Estate Consultants
List Price
$699,900
Sold Price
$685,000
Premium/Discount to List
-$14,900
-2.13%
Current Estimated Value
$1,196,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$511,620
Avg. Annual Appreciation
6.14%
Original Mortgage
$513,750
Outstanding Balance
$410,364
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$786,256

Purchase Details

Closed on
May 22, 2014
Sold by
Gabriel Benigno T
Bought by
Gabriel Benigno T and Gabriel Wynda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2014
Sold by
Gabriel Benigno T
Bought by
Gabriel Benigno T and Gabriel Wynda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2004
Sold by
Gabriel Benigno T
Bought by
Gabriel Benigno T and Gabriel Wynda

Purchase Details

Closed on
Apr 19, 2000
Sold by
Gomez William W
Bought by
Gabriel Benigno T and Gabriel Wynda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
8.08%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sea Pisei $685,000 First American Title Co
Gabriel Benigno T -- Title365
Gabriel Benigno T -- Title365
Gabriel Benigno T -- --
Gabriel Benigno T $260,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sea Pisei $513,750
Previous Owner Gabriel Benigno T $279,000
Previous Owner Gabriel Benigno T $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2016 10/07/16 Sold $685,000 -2.1% $195 / Sq Ft
08/08/2016 08/08/16 Pending -- -- --
08/08/2016 08/08/16 For Sale $699,900 -- $199 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,561 $794,996 $330,764 $464,232
2024 $10,561 $779,409 $324,279 $455,130
2023 $10,381 $764,127 $317,921 $446,206
2022 $9,756 $749,145 $311,688 $437,457
2021 $9,548 $734,457 $305,577 $428,880
2019 $9,412 $712,674 $296,514 $416,160
2018 $9,111 $698,700 $290,700 $408,000
2016 $4,512 $337,558 $135,023 $202,535
2015 $4,343 $332,488 $132,995 $199,493
2014 $4,332 $325,976 $130,390 $195,586
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16174268

California Regional Multiple Listing Service (CRMLS)

APN: 7157-008-041

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