NOT LISTED FOR SALE

3222 E 8th St Long Beach, CA 90804

Rose Park Neighborhood

Estimated Value: $755,000 - $979,000

1 Bed
1 Bath
960 Sq Ft
$904/Sq Ft Est. Value

Last Sold March 26, 2014

Last sale price $414,000 $431 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $4,867/month

41 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Woodrow Wilson High School Rated A
  • Wood Siding
  • 3-minute walk to Rose Park

About This Home

As of March 2014

This home is located at 3222 E 8th St, Long Beach, CA 90804 since 19 January 2014 and is currently estimated at $868,109, approximately $904 per square foot. This property was built in 1923. 3222 E 8th St is a home located in Los Angeles County with nearby schools including Willard Elementary School, Woodrow Wilson High School, and Maple Village Waldorf School.

Last Agent to Sell the Property

Catherine Ferrell

Aspero Realty, Inc License #01336275 Listed on: 01/19/2014

Last Buyer's Agent

David Kazan

David Kazan, Broker License #01379175

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 3,005 Sq Ft Lot
  • No Common Walls

Home Design

  • Entry on the 1st floor
  • Wood Siding

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • Parking Available
  • Unassigned Parking

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 7258021016

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Trash Expense $300
  • Water Sewer Expense $1,200
  • New Taxes Expense $4,800
  • Gross Income $2,500
  • Net Operating Income $26,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 7258021016
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 431.25
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Laundry: Yes
  • Laundry Features: Inside
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 3005.00
  • Lot Size Acres: 0.0690

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2500.00
  • Gross Scheduled Income: 30000.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 3005.0000 Square Feet
  • Net Operating Income: 26000.00
  • 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 Range: 1
  • Number With Refrigerator: 1
  • Operating Expense: 2500.00
  • Operating Expense Percent: 9.00
  • Rent Control: No
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 4800.00
  • Tax Lot: 1
  • Tax Tract Number: 1
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2014
Closed on
Mar 19, 2014
Sold by
Rios Edwin and Rios Yulonda
Bought by
Hoang Adam and Hoang Angie Thao
Seller's Agent
Catherine Ferrell
Aspero Realty, Inc
Buyer's Agent
David Kazan
David Kazan, Broker
List Price
$414,000
Sold Price
$414,000
Current Estimated Value
$824,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$410,488
Avg. Annual Appreciation
6.51%
Original Mortgage
$331,200
Outstanding Balance
$249,504
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$618,605

Purchase Details

Closed on
Apr 15, 2005
Sold by
Prudential Residential Services Lp
Bought by
Rios Edwin and Rios Yulonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2005
Sold by
Theberge Alissa and Theberge Michael
Bought by
Prudential Residential Services Lp and Prudential Homes Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2002
Sold by
Kien Scott K
Bought by
Wickles Alissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.09%

Purchase Details

Closed on
Dec 7, 2001
Sold by
Bell John Hamilton
Bought by
Kien Scott K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,400
Interest Rate
6.94%

Purchase Details

Closed on
Sep 17, 1997
Sold by
Bell John Hamilton
Bought by
Bell John Hamilton

Purchase Details

Closed on
May 1, 1997
Sold by
Bankers Trust Company
Bought by
Bell John Hamilton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,675
Interest Rate
6.75%

Purchase Details

Closed on
Nov 29, 1996
Sold by
Simpson Damien and Bankers Trust Company
Bought by
Bankers Trust Company and Greenwich Capital Acceptance Inc Series
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
Hoang Adam $414,000 California Title Company
Rios Edwin $495,000 Fidelity Van Nuys
Prudential Residential Services Lp -- --
Wickles Alissa $295,000 Commonwealth Land Title Co
Kien Scott K $170,500 Commonwealth Land Title Co
Bell John Hamilton -- --
Bell John Hamilton $89,000 Fidelity Title
Bankers Trust Company $133,800 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoang Adam $331,200
Previous Owner Rios Edwin $396,000
Previous Owner Wickles Alissa $236,000
Previous Owner Kien Scott K $136,400
Previous Owner Bell John Hamilton $66,675
Closed Kien Scott K $17,000
Closed Wickles Alissa $44,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2014 03/26/14 Sold $414,000 0.0% $431 / Sq Ft
03/01/2014 03/01/14 Pending -- -- --
01/19/2014 01/19/14 For Sale $414,000 -- $431 / 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 $6,569 $507,495 $392,269 $115,226
2024 $6,569 $497,545 $384,578 $112,967
2023 $6,457 $487,790 $377,038 $110,752
2022 $6,062 $478,227 $369,646 $108,581
2021 $5,942 $468,851 $362,399 $106,452
2020 $5,927 $464,045 $358,684 $105,361
2019 $5,857 $454,947 $351,651 $103,296
2018 $5,676 $446,027 $344,756 $101,271
2016 $5,227 $428,710 $331,370 $97,340
2015 $5,017 $422,271 $326,393 $95,878
2014 $6,678 $562,853 $483,260 $79,593
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Catherine Ferrell

    Aspero Realty, Inc

    (714) 597-6469

    1 Total Sale

    Catherine Ferrell
    Section Image

  • D

    Buyer's Agent in 2014

    David Kazan

    David Kazan, Broker

    (714) 417-7000

    David Kazan
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14012764

California Regional Multiple Listing Service (CRMLS)

APN: 7258-021-016

California Los Angeles County Long Beach 90804 Rose Park

3222 E 8th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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