NOT LISTED FOR SALE

Estimated Value: $789,000 - $845,000

4 Beds
2 Baths
1,544 Sq Ft
$533/Sq Ft Est. Value

Last Sold August 10, 2016

Last sale price $443,000 $287 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,978/month

21 Days on Market

About This Home

As of August 2016

Excellent well maintained property with 2 Separate buildings on a large lot. Front house is 3 BD 1 BA. Back unit is 1 BD 1 BA. Both have been recently rehabed with new kitchens and updated bathrooms. Both units have some new plumbing and electrical. Roofs on both units were replaced just last year. Front house has new flooring, new paint, ceiling fans, washer and dryer hookups.

Last Agent to Sell the Property

Jeff Chonis

Buckingham Investments, Inc. License #01804283 Listed on: 05/04/2016

Last Buyer's Agent

Minhtam Duong

Professional R.E. Center, Inc. License #01348682

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,134

Year Built

  • Built in 1929

Lot Details

  • 6,171 Sq Ft Lot
  • No Common Walls

Home Design

  • 1,544 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 6 Parking Spaces
  • Parking Available
  • Unassigned Parking

Listing and Financial Details

  • Tax Lot 1040
  • Tax Tract Number 5134
  • Assessor Parcel Number 7126031025

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $516
  • Water Sewer Expense $564
  • New Taxes Expense $6,151
  • Gross Income $2,770
  • Net Operating Income $26,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,134

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Other Phone Description: 310-927-2811
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 564.00
  • Property Type: Residential Income
  • Parcel Number: 7126031025
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 286.92

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6171.00
  • Price Per Lot Square Foot: 71.79

Multi Family

  • Gross Income: 2770.00
  • Gross Scheduled Income: 33240.00
  • Insurance Expense: 516.00
  • Net Operating Income: 26700.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6540.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6151.00
  • Tax Lot: 1040
  • Tax Tract Number: 5134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2020
Sold by
Calica Faith and Manrique Faith A
Bought by
Calica Faith and Calica Kendro
Current Estimated Value
$822,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,200
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2016
Sold by
Pirich Michael and Pirich Jennifer Lyn
Bought by
Manrique Faith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,750
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2015
Sold by
Pirich Michael and Pirich Jennifer Lyn
Bought by
Pirich Family 2015 Trust

Purchase Details

Listed on
Jun 16, 2014
Closed on
Sep 26, 2014
Sold by
Pirich Jennifer
Bought by
Pirich Michael
Seller's Agent
Myrna Dwyer
C-21 Classic Estates
Buyer's Agent
Chris Stone
Buckingham Investments, Inc.
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%
Original Mortgage
$280,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 31, 2014
Sold by
Cornelio Al C and Cornelio Rita C
Bought by
Pirich Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 23, 1987
Sold by
Castro Alejandro G and Castro Araceli A
Bought by
Cornelio Al C and Cornelio Rita C
Source: Public Records

Range of Values:

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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
Calica Faith -- Stewart Title Guaranty Co
Manrique Faith A $443,000 Progressive
Pirich Family 2015 Trust -- None Available
Pirich Michael -- None Available
Pirich Michael -- Wfg Title Company
Pirich Michael $350,000 Wfg Title Company
Cornelio Al C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calica Faith $488,250
Closed Calica Faith $476,200
Previous Owner Manrique Faith A $369,750
Previous Owner Pirich Michael $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2016 08/10/16 Sold $443,000 -1.3% $287 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $449,000 +28.3% $291 / Sq Ft
10/02/2014 10/02/14 Sold $350,000 0.0% $227 / Sq Ft
07/28/2014 07/28/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $350,000 -- $227 / 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 $7,134 $548,496 $255,326 $293,170
2024 $7,134 $537,742 $250,320 $287,422
2023 $7,014 $527,199 $245,412 $281,787
2022 $6,588 $516,862 $240,600 $276,262
2021 $6,453 $506,729 $235,883 $270,846
2020 $6,436 $501,534 $233,465 $268,069
2019 $6,361 $491,701 $228,888 $262,813
2018 $5,795 $451,860 $224,400 $227,460
2016 $4,418 $355,337 $203,050 $152,287
2015 $4,244 $350,000 $200,000 $150,000
2014 $2,685 $207,962 $110,911 $97,051
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN16094814

California Regional Multiple Listing Service (CRMLS)

APN: 7126-031-025