NOT LISTED FOR SALE

Estimated Value: $1,370,000 - $1,676,377

5 Beds
3 Baths
2,912 Sq Ft
$520/Sq Ft Est. Value

Last Sold June 12, 2014

Last sale price $700,000 $240 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $8,828/month

258 Days on Market

Highlights

  • Central Heating
  • Woodrow Wilson High School Rated A
  • Level Lot

About This Home

As of June 2014

***GREAT DUPLEX IN LONG BEACH*** This newer built duplex is perfect for the owner occupied buyer that wants additional income from the other unit. Property is in great shape and is in a very desirable area of Long Beach. Both units have large bedrooms and very functional layouts. This complex will go fast, so don't miss this opportunity!

Last Agent to Sell the Property

Mark Jensen

eXp Realty of Greater L.A License #01739865 Listed on: 08/22/2013

eXp Realty of Greater L.A

Last Buyer's Agent

Mark Jensen

eXp Realty of Greater L.A License #01739865 Listed on: 08/22/2013

eXp Realty of Greater L.A

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1993

Lot Details

  • 6,502 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • 2,912 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 7257023011

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1993

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Belmont Heights (BH)
  • Property Type: Residential Income
  • Parcel Number: 7257023011
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 240.38

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Suburban

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 6502.00
  • Lot Size Acres: 0.1490

Multi Family

  • Lot Size Area: 6502.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 10
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2013
Closed on
May 28, 2014
Sold by
Wright Donald W and Wright Christine L
Bought by
Newhenton Lp
Seller's Agent
Mark Jensen
eXp Realty of Greater L.A
Buyer's Agent
Mark Jensen
eXp Realty of Greater L.A
List Price
$799,000
Sold Price
$700,000
Premium/Discount to List
-$99,000
-12.39%
Current Estimated Value
$1,513,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$813,344
Avg. Annual Appreciation
6.89%

Purchase Details

Closed on
May 16, 2007
Sold by
Wright Christine L
Bought by
Wright Donald W and Wright Christine L

Purchase Details

Closed on
Apr 21, 2005
Sold by
Wright Janis L
Bought by
Wright Janis L and Janis L Wright Living Trust

Purchase Details

Closed on
Apr 12, 1994
Sold by
Wright Janis L and Wright Duane W
Bought by
Wright Janis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
7.38%

Purchase Details

Closed on
Mar 28, 1994
Sold by
Wright Janis L
Bought by
Wright Janis L and Wright Duane W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
7.38%
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
Newhenton Lp $700,000 Chicago Title Company
Wright Donald W -- None Available
Wright Christine L -- None Available
Wright Janis L -- --
Wright Janis L -- --
Wright Janis L -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright Janis L $159,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2014 06/12/14 Sold $700,000 -12.4% $240 / Sq Ft
05/07/2014 05/07/14 Pending -- -- --
08/22/2013 08/22/13 For Sale $799,000 -- $274 / 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 $11,062 $858,092 $631,312 $226,780
2024 $11,062 $841,268 $618,934 $222,334
2023 $10,880 $824,774 $606,799 $217,975
2022 $10,219 $808,602 $594,901 $213,701
2021 $10,013 $792,748 $583,237 $209,511
2020 $9,986 $784,620 $577,257 $207,363
2019 $9,871 $769,237 $565,939 $203,298
2018 $9,524 $754,155 $554,843 $199,312
2016 $8,750 $724,872 $533,299 $191,573
2015 $8,398 $713,985 $525,289 $188,696
2014 $4,566 $368,260 $113,702 $254,558
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS13171232

California Regional Multiple Listing Service (CRMLS)

APN: 7257-023-011