NOT LISTED FOR SALE

Estimated Value: $745,000 - $795,000

4 Beds
2 Baths
1,827 Sq Ft
$420/Sq Ft Est. Value

Last Sold June 07, 2013

Last sale price $227,000 $124 Per Sq Ft

Est. 238% increase in value since last sale

Current estimated payment $4,400/month

Highlights

  • Wood Flooring
  • Laundry Room
  • Wall Furnace

About This Home

As of June 2013

Great 2 units in West Long Beach needs Major TLC

Last Agent to Sell the Property

Edgar Rodriguez

First American Team Realty License #01227107 Listed on: 06/06/2013

Last Buyer's Agent

Edgar Rodriguez

First American Team Realty License #01227107 Listed on: 06/06/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,931

Year Built

  • Built in 1951

Lot Details

  • 6,371 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,827 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Additional Features

  • Rain Gutters
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 7312005022

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,500
  • Insurance Expense $1,000
  • Trash Expense $720
  • Water Sewer Expense $1,500
  • New Taxes Expense $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,931

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1500.00
  • Property Type: Residential Income
  • Parcel Number: 7312005022
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Price Per Square Foot: 124.25

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gutters

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6371.00
  • Lot Size Acres: 0.1460

Multi Family

  • Electric Expense: 1500.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6371.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3000.00
  • Tax Lot: ...
  • Tax Tract Number: ....
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2013
Closed on
Jun 4, 2013
Sold by
Borsching Michele Lynn
Bought by
Haro Group Llc
Seller's Agent
Edgar Rodriguez
First American Team Realty
Buyer's Agent
Edgar Rodriguez
First American Team Realty
List Price
$245,000
Sold Price
$227,000
Premium/Discount to List
-$18,000
-7.35%
Current Estimated Value
$768,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$541,012
Avg. Annual Appreciation
10.37%

Purchase Details

Closed on
Jun 25, 2007
Sold by
Borsching Michele L
Bought by
Borsching Michele Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2006
Sold by
Borsching Michele Lynn
Bought by
Borsching Michele Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
8.25%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 28, 2005
Sold by
Borsching Michelle Lynn
Bought by
Borsching Michele L and Michele L Borsching Living Trust

Purchase Details

Closed on
Aug 23, 2005
Sold by
Harrison Diana
Bought by
Borsching Michelle Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 23, 1999
Sold by
Harrison Clifford A
Bought by
Harrison Clifford A and Mcknight Barbara M

Purchase Details

Closed on
Jan 7, 1999
Sold by
Mcknight Clell
Bought by
Mcknight Barbara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 1994
Sold by
Harrison Clifford A
Bought by
Harrison Clifford A and Mcknight Barbara M
Source: Public Records

Range of Values:

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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
Haro Group Llc $227,000 Orange Coast Title
Borsching Michele Lynn -- United General Title Ins Co
Borsching Michele Lynn -- Fidelity National Financial
Borsching Michele L -- None Available
Borsching Michelle Lynn $495,000 --
Harrison Clifford A -- --
Mcknight Barbara M -- Orange Coast Title
Harrison Clifford A -- Orange Coast Title
Harrison Clifford A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Borsching Michele Lynn $372,000
Previous Owner Borsching Michele Lynn $320,000
Previous Owner Borsching Michelle Lynn $235,000
Previous Owner Harrison Clifford A $19,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2013 06/07/13 Sold $227,000 -7.3% $124 / Sq Ft
06/06/2013 06/06/13 Pending -- -- --
06/06/2013 06/06/13 For Sale $245,000 -- $134 / 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 $3,931 $279,519 $184,707 $94,812
2024 $3,931 $274,039 $181,086 $92,953
2023 $3,865 $268,667 $177,536 $91,131
2022 $3,641 $263,400 $174,055 $89,345
2021 $3,560 $258,237 $170,643 $87,594
2019 $3,511 $250,580 $165,583 $84,997
2018 $3,323 $245,668 $162,337 $83,331
2016 $3,052 $236,131 $156,034 $80,097
2015 $2,935 $232,585 $153,691 $78,894
2014 $2,925 $228,030 $150,681 $77,349
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS13108408

California Regional Multiple Listing Service (CRMLS)

APN: 7312-005-022