NOT LISTED FOR SALE

Estimated Value: $648,524 - $755,000

2 Beds
2 Baths
1,439 Sq Ft
$476/Sq Ft Est. Value

Last Sold January 04, 2016

Last sale price $384,999 $268 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,078/month

159 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Living Room
  • Granite Countertops
  • Double Pane Windows
  • Laundry Room

About This Home

As of January 2016

BACK ON THE MARKET!!!!!!!!!!! **** SUPER CLEAN REMODELED DUPLEX***** 2 BEDROOM UNIT UPSTAIRS (VERY SPACIOUS) 1 FULL BATH, NEW KITCHEN, UPGRADED FLOORING, LIGHT FIXTURES, NEWER WINDOWS, DOWNSTAIRS UNIT IS A SPACIOUS STUDIO IN GREAT CONDITION, LAMINATED FLOORING, UPDATED.

Last Agent to Sell the Property

Venny Saucedo

The Agent and Company License #01328134 Listed on: 06/25/2015

Last Buyer's Agent

Gloria Bradley

Vylla Home, Inc. License #01968856

Vylla Home, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 1,439 Sq Ft Lot
  • No Common Walls
  • East Facing Home
  • Wrought Iron Fence
  • Wood Fence
  • Corner Lot

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • Block Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,439 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Living Room
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 77
  • Tax Tract Number 7420
  • Assessor Parcel Number 7113005058

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $360
  • Gardener Expense $480
  • Insurance Expense $800
  • Trash Expense $560
  • Water Sewer Expense $1,800
  • New Taxes Expense $5,000
  • Gross Income $2,550
  • Net Operating Income $21,350

Property Details

Home Type

Multi-Family

Year Built

Built in 1963 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • CapRate: 5.40
  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Water Sewer Expenses: 1800.00
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 7113005058
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Levels: Two
  • Price Per Square Foot: 267.55
  • Room Type: Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: East
  • Foundation: Block
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Community, Gas Dryer Hookup, Gas & Electric Dryer Hookup, Individual Room, Outside, Washer Hookup
  • Sewer: Sewer Paid
  • Trash Expense: 560.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 1439.00
  • Price Per Lot Square Foot: 267.55
  • Lot Size Acres: 0.0330

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 360.00
  • Gross Income: 2550.00
  • Gross Multiplier: 12.74
  • Gross Scheduled Income: 30600.00
  • Insurance Expense: 800.00
  • Lot Size Area: 1439.0000 Square Feet
  • Net Operating Income: 21350.00
  • 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: 9250.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5000.00
  • Tax Lot: 77
  • Tax Tract Number: 7420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2015
Closed on
Dec 2, 2015
Sold by
Vasam Investments Inc
Bought by
Ellis Dietrich R
Seller's Agent
Venny Saucedo
The Agent and Company
Buyer's Agent
Gloria Bradley
Vylla Home, Inc.
List Price
$399,999
Sold Price
$384,999
Premium/Discount to List
-$15,000
-3.75%
Current Estimated Value
$685,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,632
Avg. Annual Appreciation
5.93%
Original Mortgage
$378,025
Outstanding Balance
$305,081
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$380,550

Purchase Details

Listed on
Apr 3, 2015
Closed on
May 14, 2015
Sold by
Aguilar Araceli
Bought by
Vasam Investments Inc
Seller's Agent
Elmer Brizuela
United Executives Group
Buyer's Agent
Venny Saucedo
The Agent and Company
List Price
$349,000
Sold Price
$320,000
Premium/Discount to List
-$29,000
-8.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.41%

Purchase Details

Closed on
Nov 1, 2006
Sold by
Aguilar Araceli
Bought by
Aguilar Araceli and Araceli Aguilar 2006 Revocable Trust

Purchase Details

Closed on
Apr 5, 2000
Sold by
Hud
Bought by
Aguilar Araceli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,717
Interest Rate
8.22%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 29, 1999
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
May 24, 1999
Sold by
Jones Jemaull
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Jan 31, 1997
Sold by
Edwards Norman R
Bought by
Jones Jemaull and Simon Urseleane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,537
Interest Rate
7.57%
Mortgage Type
FHA
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
Ellis Dietrich R $385,000 North American Title
Vasam Investments Inc $320,000 North American Title Company
Aguilar Araceli -- None Available
Aguilar Araceli $113,500 United Title Company
Hud -- First American Title Ins Co
Norwest Mtg Inc $143,700 First American Title Ins Co
Jones Jemaull $135,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Dietrich R $378,025
Previous Owner Aguilar Araceli $140,717
Previous Owner Jones Jemaull $133,537
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/04/2016 01/04/16 Sold $384,999 -3.8% $268 / Sq Ft
12/01/2015 12/01/15 Pending -- -- --
06/25/2015 06/25/15 For Sale $399,999 +25.0% $278 / Sq Ft
05/28/2015 05/28/15 Sold $320,000 -8.3% $262 / Sq Ft View Prior Sale
05/20/2015 05/20/15 Pending -- -- --
04/03/2015 04/03/15 For Sale $349,000 +106.5% $285 / Sq Ft
01/08/2013 01/08/13 Sold $169,000 -13.3% $138 / Sq Ft View Prior Sale
08/27/2012 08/27/12 Pending -- -- --
08/07/2012 08/07/12 For Sale $194,999 -- $159 / 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 $5,921 $455,754 $59,186 $396,568
2024 $5,921 $446,819 $58,026 $388,793
2023 $5,820 $438,059 $56,889 $381,170
2022 $5,464 $429,471 $55,774 $373,697
2021 $5,352 $421,051 $54,681 $366,370
2019 $5,275 $408,564 $53,060 $355,504
2018 $5,135 $400,554 $52,020 $348,534
2016 $4,030 $324,879 $50,762 $274,117
2015 $1,903 $145,137 $63,937 $81,200
2014 -- $142,295 $62,685 $79,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15138057

California Regional Multiple Listing Service (CRMLS)

APN: 7113-005-058