NOT LISTED FOR SALE

Estimated Value: $801,000 - $944,000

5 Beds
2 Baths
1,904 Sq Ft
$466/Sq Ft Est. Value

Last Sold April 18, 2014

Last sale price $420,000 $221 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $5,117/month

5 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Heating Available
  • Fireplace
  • Laundry Room

About This Home

As of April 2014

Incredible opportunity to own a large duplex consisting of a 3 bedrrom 1 bath back unit and a 2 bedroom 1 bath front unit. This property has 2 separate houses on a lot. Tree lined street in one of the best areas of North Long Beach. Great as an investment property or an owner occupant. All offers subject to interior inspection for now. DO NOT BOTHER TENANTS. Expenses for the property are not stated as accurate here.

Last Agent to Sell the Property

Michael Torres

On The Move Realty License #01469202 Listed on: 03/12/2014

Last Buyer's Agent

Theary Sim-ieng

California Financial & RE Ctr License #01117816

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,785

Year Built

  • Built in 1925

Lot Details

  • 5,462 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Interior Spaces

  • 1,904 Sq Ft Home
  • Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Utilities

  • Cooling Available
  • Heating Available
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 56
  • Tax Tract Number 3878
  • Assessor Parcel Number 7120013025

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Gross Income $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,785

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Property Type: Residential Income
  • Parcel Number: 7120013025
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 220.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5462.00
  • Lot Size Acres: 0.1250

Multi Family

  • Gross Income: 12000.00
  • Gross Scheduled Income: 12000.00
  • Lot Size Area: 5462.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 56
  • Tax Tract Number: 3878
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2015
Sold by
Bona Cheng Soklin and Bona Chay
Bought by
Cheng Trust
Current Estimated Value
$831,338

Purchase Details

Listed on
Mar 12, 2014
Closed on
Mar 21, 2014
Sold by
Mcclure Thomas A and Mcclure Melody S
Bought by
Bona Cheng Soklin and Bona Chay
Seller's Agent
Michael Torres
On The Move Realty
Buyer's Agent
Theary Sim-ieng
California Financial & RE Ctr
List Price
$415,000
Sold Price
$420,000
Premium/Discount to List
$5,000
1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$252,000
Outstanding Balance
$77,036
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$810,513

Purchase Details

Closed on
Sep 21, 2007
Sold by
Mcclure Thomas A and Mcclure Melody S
Bought by
Mcclure Thomas A and Mcclure Melody S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,500
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 1999
Sold by
The Ella Beth Mc Clure Trust
Bought by
Mcclure Thomas A and Mcclure Melody S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,050
Interest Rate
6.63%

Purchase Details

Closed on
Feb 15, 1997
Sold by
Mcclure Ella B
Bought by
Mcclure Ella Beth and The Ella Beth Mcclure Trust
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
Cheng Trust -- None Available
Bona Cheng Soklin $420,000 Chicago Title Company
Mcclure Thomas A -- Ticor Title Company Of Ca
Mcclure Thomas A -- American Title
Mcclure Ella Beth -- --
Mcclure Ella Beth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bona Cheng Soklin $252,000
Previous Owner Mcclure Thomas A $228,500
Previous Owner Mcclure Thomas A $188,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2014 04/18/14 Sold $420,000 +1.2% $221 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
03/12/2014 03/12/14 For Sale $415,000 -- $218 / 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 $6,785 $514,852 $226,780 $288,072
2024 $6,785 $504,758 $222,334 $282,424
2023 $6,672 $494,862 $217,975 $276,887
2022 $6,271 $485,159 $213,701 $271,458
2021 $6,142 $475,647 $209,511 $266,136
2020 $6,126 $470,771 $207,363 $263,408
2019 $6,055 $461,542 $203,298 $258,244
2018 $5,819 $452,493 $199,312 $253,181
2016 $5,349 $434,923 $191,573 $243,350
2015 $5,136 $428,391 $188,696 $239,695
2014 $3,651 $292,034 $127,733 $164,301
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14050682

California Regional Multiple Listing Service (CRMLS)

APN: 7120-013-025