NOT LISTED FOR SALE

2935 E 63rd St Long Beach, CA 90805

Ramona Park Neighborhood

Estimated Value: $775,000 - $901,000

4 Beds
2 Baths
1,660 Sq Ft
$506/Sq Ft Est. Value

Last Sold December 06, 2012

Last sale price $325,000 $196 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $4,852/month

199 Days on Market

Highlights

  • Wood Siding
  • Carpet
  • Heating System Uses Natural Gas

About This Home

As of December 2012

Great Property with Two Homes on One Lot with Yard and Garage. Can be Excellent Rental Property or Live In One and Rent the Other. Convenient North Long Beach Location.

Last Agent to Sell the Property

Elaine Hutchison

John Read Realty License #00278514 Listed on: 05/01/2012

Last Buyer's Agent

Cindy Ochoa

Taylor Realty & Investments License #01003153

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 5,968

Home Design

  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,660 Sq Ft Home
  • Insulated Doors
  • Carpet
  • Gas Dryer Hookup

Kitchen

  • Gas Oven or Range
  • Range
  • Formica Countertops
  • Disposal

Parking

  • 2 Parking Spaces
  • On-Street Parking

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 45
  • Tax Tract Number 3878
  • Assessor Parcel Number 7120012029

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $766
  • Insurance Expense $1,093
  • Professional Management Expense $970
  • Trash Expense $232
  • Water Sewer Expense $723
  • New Taxes Expense $3,909
  • Gross Income $2,200
  • Net Operating Income $19,045

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 5.46
  • Professional Management Expense: 970.00
  • View: No
  • Water Sewer Expenses: 723.00
  • Property Type: Residential Income
  • Gardener Expense: 766.00
  • Parcel Number: 7120012029
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Formica Counters
  • Flooring: Carpet
  • Appliances: No
  • Door Features: Insulated Doors
  • Price Per Square Foot: 195.78

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco, Drywall Walls, Wood Siding, Frame

Garage/Parking

  • Parking: No
  • Parking Features: Street
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Free Standing, Gas Cooking, Disposal, Range
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Gas Dryer Hookup
  • Trash Expense: 232.00

Condo/Co-op/Association

  • Senior Community: No

Multi Family

  • Gross Income: 2200.00
  • Gross Multiplier: 13.22
  • Gross Scheduled Income: 26400.00
  • Insurance Expense: 1093.00
  • Net Operating Income: 19045.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Disposal: 2
  • Operating Expense: 7355.00

Tax Info

  • New Taxes Expense: 3909.00
  • Tax Lot: 45
  • Tax Tract Number: 3878

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2012
Sold by
Carrillo Socorro Michelle
Bought by
Esquivias Frank Carrillo
Current Estimated Value
$840,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,113
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 21, 2012
Sold by
Pittman Anita M
Bought by
Carrillo Esquivias Amalia and Carrillo Esquivas Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,113
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Esquivias Frank Carrillo -- Lawyers Title Company
Carrillo Esquivias Amalia $325,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carrillo Esquivias Amalia $319,113
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2012 12/06/12 Sold $325,000 -6.9% $196 / Sq Ft
11/16/2012 11/16/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $349,000 -- $210 / 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 $5,360 $400,204 $246,282 $153,922
2024 $5,360 $392,357 $241,453 $150,904
2023 $5,269 $384,665 $236,719 $147,946
2022 $4,955 $377,124 $232,078 $145,046
2021 $4,851 $369,730 $227,528 $142,202
2020 $4,838 $365,939 $225,195 $140,744
2019 $4,782 $358,765 $220,780 $137,985
2018 $4,591 $351,731 $216,451 $135,280
2016 $4,222 $338,075 $208,047 $130,028
2015 $4,056 $332,997 $204,922 $128,075
2014 $4,035 $326,475 $200,908 $125,567
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2012

    Elaine Hutchison

    John Read Realty

    Section Image

  • C

    Buyer's Agent in 2012

    Cindy Ochoa

    Taylor Realty & Investments

    (562) 496-3200

    17 Total Sales

    Cindy Ochoa
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P821602

California Regional Multiple Listing Service (CRMLS)

APN: 7120-012-029

California Los Angeles County Long Beach 90805 Ramona Park

2935 E 63rd St, Long Beach, CA

Not Listed for Sale

MultiFamily

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