Seller's Agent in 2013
Jonathan Mitchell
Kidder Mathews of California, Inc
(714) 337-8405
3243 E Ransom St Long Beach, CA 90804
Zaferia NeighborhoodEstimated Value: $1,753,000 - $2,163,000
10
Beds
8
Baths
5,200
Sq Ft
$377/Sq Ft
Est. Value
Highlights
- City Lights View
- Contemporary Architecture
- Central Heating
- Woodrow Wilson High School Rated A
- Ceramic Countertops
- Wood Siding
About This Home
As of March 2013***DO NOT DISTRUB TENANTS***DRIVE BE ONLY***100% turn-key, four-unit apartment building excellently located in the city of Long Beach. Tastefully constructed in 1989, the subject property boasts a desirable unit mix of spacious two and three bedroom units with strong in-place rents. Separately metered for gas and electric, these pride of ownership units feature gas stoves, tile kitchen counters, vaulted ceilings and private patios. Common area amenities include over two-to-one gated garage parking and an on-site laundry room for the convenience of the tenants. Located north of Redondo Avenue and just a few blocks west of Pacific Coast Highway, this pride of ownership property is centrally located near major freeways and just minutes from Cal State Long Beach, Long Beach Convention Center and the port of Long Beach.
Last Agent to Sell the Property
Kidder Mathews of California, Inc License #01227852 Listed on: 11/06/2012
Last Buyer's Agent
Kidder Mathews of California, Inc License #01227852 Listed on: 11/06/2012
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,802
Year Built
- Built in 1989
Lot Details
- 6,752
Parking
- 8 Car Garage
- Front Facing Garage
Home Design
- Contemporary Architecture
- Shingle Roof
- Wood Siding
- Stucco
Interior Spaces
- 5,200 Sq Ft Home
- Carpet
- City Lights Views
Kitchen
- Dishwasher
- Ceramic Countertops
Bedrooms and Bathrooms
- 10 Bedrooms
- 8 Bathrooms
Utilities
- Central Heating
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Assessor Parcel Number 7259004031
Community Details
Overview
- 4 Units
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $185
- Gardener Expense $770
- Insurance Expense $1,500
- Maintenance Expense $1,950
- Other Expense $1,000
- Trash Expense $1,340
- Water Sewer Expense $1,250
- New Taxes Expense $10,465
- Gross Income $6,033
- Net Operating Income $51,294
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 6, 2012
Closed on
May 1, 2013
Sold by
Vo Jeff Liem
Bought by
Vh 13 Llc
Seller's Agent
Jonathan Mitchell
Kidder Mathews of California, Inc
Buyer's Agent
Jonathan Mitchell
Kidder Mathews of California, Inc
List Price
$850,000
Sold Price
$850,000
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
$1,110,151
Avg. Annual Appreciation
6.85%
Purchase Details
Listed on
Nov 6, 2012
Closed on
Feb 27, 2013
Sold by
Jadhav Vilas
Bought by
Vo Jeff Liem and Hoang Tuong Thuy Lien
Seller's Agent
Jonathan Mitchell
Kidder Mathews of California, Inc
Buyer's Agent
Jonathan Mitchell
Kidder Mathews of California, Inc
List Price
$850,000
Sold Price
$850,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 16, 2011
Sold by
Jadhav Vilas R and Jadhav Latika
Bought by
Jadhav Vilas and Jadhav Latika
Purchase Details
Closed on
Jun 19, 1998
Sold by
Cox Jack D
Bought by
Groshong Marlene P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
8%
Purchase Details
Closed on
May 13, 1998
Sold by
Groshong Revocable Trust Groshong Marlene P T
Bought by
Jadhay Vilas P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
8%
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 |
|---|---|---|---|
| Vh 13 Llc | -- | None Available | |
| Vo Jeff Liem | -- | None Available | |
| Vo Jeff Liem | $850,000 | Ortc | |
| Jadhav Vilas | -- | Ortc | |
| Jadhav Vilas | -- | Ortc | |
| Jadhav Vilas | -- | None Available | |
| Groshong Marlene P | -- | North American Title Co | |
| Jadhay Vilas P | $360,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Vo Jeff Liem | $637,500 | |
| Previous Owner | Jadhay Vilas P | $288,000 | |
| Closed | Jadhay Vilas P | $36,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/07/2013 03/07/13 | Sold | $850,000 | 0.0% | $163 / Sq Ft |
| 01/16/2013 01/16/13 | Pending | -- | -- | -- |
| 11/06/2012 11/06/12 | For Sale | $850,000 | -- | $163 / 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 | $13,802 | $1,046,706 | $554,138 | $492,568 |
| 2024 | $13,802 | $1,026,183 | $543,273 | $482,910 |
| 2023 | $13,572 | $1,006,063 | $532,621 | $473,442 |
| 2022 | $12,755 | $986,337 | $522,178 | $464,159 |
| 2021 | $12,483 | $966,998 | $511,940 | $455,058 |
| 2019 | $12,306 | $938,317 | $496,756 | $441,561 |
| 2018 | $11,897 | $919,919 | $487,016 | $432,903 |
| 2016 | $10,922 | $884,199 | $468,105 | $416,094 |
| 2015 | $10,490 | $870,918 | $461,074 | $409,844 |
| 2014 | $10,425 | $853,859 | $452,043 | $401,816 |
Source: Public Records
Agents Affiliated with this Home
-
Jonathan Mitchell
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: S717138
APN: 7259-004-031
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