NOT LISTED FOR SALE

Estimated Value: $852,000 - $966,000

2 Beds
1 Bath
1,536 Sq Ft
$594/Sq Ft Est. Value

Last Sold April 09, 2014

Last sale price $433,000 $282 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $5,326/month

13 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Contemporary Architecture
  • No HOA
  • Long Beach Polytechnic High School Rated A
  • Corner Lot
  • 2-minute walk to Veterans Park

About This Home

As of April 2014

Two, 2 bedroom units, on a large corner lot, with a 3 car detached garage and extra parking space. The garage door was installed in 2014. The front unit is ready to have someone move in. It has had extensive work done, which includes painting throughout, new windows, new carpet, new walls, new bathroom sink and floors including some sub flooring, new kitchen counter, new sink and new doors. Plumbing upgrade was also done in the front unit along with a new wall heater. The back unit is a mirror of the front, but has not been upgraded. It does have new carpet and is in good condition. The 6,000 square foot lot provides room for both units to have their own private back yard.

Last Agent to Sell the Property

Alice Markle

Realty One Group Diamond License #01398566 Listed on: 02/27/2014

Last Buyer's Agent

suzanne Padilla

Evergreen Realty License #01718096

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 6,001 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Chain Link Fence
  • Corner Lot

Parking

  • 3 Car Garage
  • Parking Available
  • Three Garage Doors

Home Design

  • Contemporary Architecture
  • Property Attached
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,536 Sq Ft Home
  • Casement Windows
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 24
  • Assessor Parcel Number 7206012024

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $750
  • New Taxes Expense $5,612
  • Gross Income $750
  • Net Operating Income $7,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Wrigley Area (WR)
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 7206012024
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 281.90
  • Room Type: All Bedrooms Down
  • Window Features: Casement Windows

Exterior Features

  • Fencing: Block, Chain Link
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Three Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6001.00
  • Lot Size Acres: 0.1380

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average2 Bed Area: 768
  • Gross Income: 750.00
  • Gross Scheduled Income: 9000.00
  • Insurance Expense: 750.00
  • Lot Size Area: 6001.0000 Square Feet
  • Net Operating Income: 7900.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Disposal: 2
  • Operating Expense: 1100.00
  • Rent Control: No
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 5612.00
  • Tax Lot: 24
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2014
Closed on
Mar 13, 2014
Sold by
Collier Leon C
Bought by
Nucum Maria Elena and The Nucum Revocable Living Trust
Seller's Agent
Alice Markle
Realty One Group Diamond
Buyer's Agent
suzanne Padilla
Evergreen Realty
List Price
$449,000
Sold Price
$433,000
Premium/Discount to List
-$16,000
-3.56%
Current Estimated Value
$913,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,105
Avg. Annual Appreciation
6.53%

Purchase Details

Closed on
Aug 2, 2013
Sold by
Collier Marilyn L
Bought by
Collier Leon C and Collier Marilyn L

Purchase Details

Closed on
Jun 24, 2013
Sold by
Collier Marilyn L
Bought by
Collier Marilyn L

Purchase Details

Closed on
Jun 5, 2002
Sold by
Collier Marilyn L and Marsh Dale L
Bought by
Collier Marilyn L
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
Nucum Maria Elena $433,000 Fatcola
Collier Leon C -- None Available
Collier Marilyn L -- None Available
Collier Marilyn L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2014 04/09/14 Sold $433,000 -3.6% $282 / Sq Ft
03/12/2014 03/12/14 Pending -- -- --
02/27/2014 02/27/14 For Sale $449,000 -- $292 / 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 $6,951 $530,786 $245,166 $285,620
2024 $6,951 $520,379 $240,359 $280,020
2023 $6,835 $510,177 $235,647 $274,530
2022 $6,422 $500,175 $231,027 $269,148
2021 $6,292 $490,369 $226,498 $263,871
2019 $6,204 $475,827 $219,781 $256,046
2018 $5,970 $466,498 $215,472 $251,026
2016 $5,493 $448,385 $207,106 $241,279
2015 $5,273 $441,651 $203,996 $237,655
2014 $2,215 $166,787 $103,585 $63,202
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14040664

California Regional Multiple Listing Service (CRMLS)

APN: 7206-012-024