A
Seller's Agent in 2015
Andrea Arciga
Black Label Network Inc.
31 E Louise St Long Beach, CA 90805
Dairy NeighborhoodEstimated Value: $734,000 - $928,973
4
Beds
3
Baths
1,961
Sq Ft
$445/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- No HOA
- Central Heating
- Wood Flooring
- Laundry Room
- 2-minute walk to Burton W. Chace Park
About This Home
As of July 2015Super spacious tri-plex in North Long Beach. Each unit has large and sunny living rooms, hardwood flooring, and adorable kitchens leading to the back courtyard area. All units have separate utilities, washer/dryer hookups and garage. Plus one extra garage for a total of 4. Third unit has access to larger 4th garage. Lots of charm and potential featuring a gated, large and grassy front yard. Property has the potential to be an amazing investment. One kitchen upgraded, other two are original and in need of remodeling as well as all bathrooms. Laundry mat, stores, restaurants, bus stops, all within convenient walking distance. Great deal of newer developments nearby. Fantastic for a live in, income generating property. Diamond in the rough on a large lot and an up and coming North Long Beach neighborhood.
Last Agent to Sell the Property
Andrea Arciga
Black Label Network Inc. License #01335587 Listed on: 06/22/2015
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,175
Year Built
- Built in 1947
Lot Details
- 5,906 Sq Ft Lot
- Property fronts an alley
- 1 Common Wall
- Front Yard
Parking
- 4 Car Garage
- Parking Available
- Rear-Facing Garage
Home Design
- Property Attached
Interior Spaces
- 1,961 Sq Ft Home
- Wood Flooring
- Gas Cooktop
Bedrooms and Bathrooms
- 4 Bedrooms
- All Bedrooms Down
- 3 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Utilities
- Central Heating
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas, water
- Tax Lot 39
- Tax Tract Number 6018
- Assessor Parcel Number 7126027011
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- 2 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Insurance Expense $1,200
- Water Sewer Expense $1,200
- New Taxes Expense $5,600
- Gross Income $3,950
- Net Operating Income $45,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 22, 2015
Closed on
Jul 21, 2015
Sold by
Morris Carmen
Bought by
Hower Revocable Trust
Seller's Agent
Andrea Arciga
Black Label Network Inc.
Buyer's Agent
Steven Nottingham
Keller Williams Pacific Estate
List Price
$499,000
Sold Price
$451,500
Premium/Discount to List
-$47,500
-9.52%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,056
Avg. Annual Appreciation
6.79%
Purchase Details
Closed on
Dec 7, 2009
Sold by
Morris Franchot and Morris Franchot
Bought by
Morris Carmen
Purchase Details
Closed on
Oct 27, 2004
Sold by
Austin Michael Steven
Bought by
Morris Franchot and Morris Carmen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.38%
Mortgage Type
Stand Alone First
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hower Revocable Trust | $451,500 | Fidelity National Title Co | |
| Morris Carmen | -- | None Available | |
| Morris Franchot | $425,000 | Fidelity National Title Comp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hower Joseph Wayne | $330,000 | |
| Previous Owner | Morris Franchot | $360,000 | |
| Previous Owner | Morris Franchot | $340,000 | |
| Previous Owner | Austin Michael Steven | $124,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2015 07/31/15 | Sold | $451,500 | -9.5% | $230 / Sq Ft |
| 07/17/2015 07/17/15 | Pending | -- | -- | -- |
| 06/22/2015 06/22/15 | For Sale | $499,000 | -- | $254 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,175 | $534,241 | $238,294 | $295,947 |
| 2024 | $7,175 | $523,767 | $233,622 | $290,145 |
| 2023 | $7,052 | $513,498 | $229,042 | $284,456 |
| 2022 | $6,631 | $503,430 | $224,551 | $278,879 |
| 2021 | $6,492 | $493,560 | $220,149 | $273,411 |
| 2019 | $6,401 | $478,922 | $213,620 | $265,302 |
| 2018 | $6,152 | $469,532 | $209,432 | $260,100 |
| 2016 | $5,662 | $451,300 | $201,300 | $250,000 |
| 2015 | $5,051 | $410,000 | $225,000 | $185,000 |
| 2014 | $5,119 | $410,000 | $225,000 | $185,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2015
Steven Nottingham
Keller Williams Pacific Estate
(562) 754-1333
106 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW15137588
APN: 7126-027-011
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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