Seller's Agent in 2017
James McCormick
Real Broker
(562) 400-3468
30 Total Sales
341 E 60th St Long Beach, CA 90805
DeForest Park NeighborhoodEstimated Value: $729,000 - $745,000
2
Beds
2
Baths
1,216
Sq Ft
$606/Sq Ft
Est. Value
Highlights
- Property is near a park
- Laundry Room
- Wall Furnace
- Private Yard
About This Home
As of July 20172 units with no common walls, nice inside location, good floor plan with inside laundry feels larger than it is. Both units are the same floor plan.
2 individual garages. Separate gas and electric meters. Excellent starter for new investors.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 2,948 Sq Ft Lot
- No Common Walls
- Private Yard
Parking
- 2 Car Garage
- Parking Available
- Assigned Parking
Home Design
- 1,216 Sq Ft Home
- Duplex
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Utilities
- Wall Furnace
- Natural Gas Connected
Additional Features
- Laundry Room
- Property is near a park
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 15
- Tax Tract Number 5992
- Assessor Parcel Number 7125014014
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $500
- Trash Expense $240
- Water Sewer Expense $480
- New Taxes Expense $4,933
- Operating Expense $6,153
- Gross Income $21,420
- Net Operating Income $20,239
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 27, 2016
Closed on
Jun 1, 2017
Sold by
Lopez Juan
Bought by
Higgins Henry W
Seller's Agent
James McCormick
Real Broker
Buyer's Agent
Jacqueline Higgins
Real Broker
List Price
$429,000
Sold Price
$420,000
Premium/Discount to List
-$9,000
-2.1%
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
$316,919
Avg. Annual Appreciation
6.88%
Original Mortgage
$315,000
Outstanding Balance
$261,510
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$475,409
Purchase Details
Closed on
Nov 12, 2004
Sold by
Lopez Veronica
Bought by
Lopez Juan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 8, 2004
Sold by
Love Virginia A and Love Freddie E
Bought by
Lopez Juan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 18, 2002
Sold by
Kenoly Fayelease R and Kelly Love Virginia A
Bought by
Love Freddie E and Love Virginia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.03%
Purchase Details
Closed on
Aug 12, 1999
Sold by
Love Freddie
Bought by
Kelly Love Virginia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
7.76%
Purchase Details
Closed on
Aug 10, 1999
Sold by
Hattie L Kelling Trust and Frances M
Bought by
Kelly Love Virginia A and Kenoly Fayelesse R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
7.76%
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 |
|---|---|---|---|
| Higgins Henry W | $420,000 | Title 365 | |
| Lopez Juan | -- | United Title Company-La | |
| Lopez Juan | $315,000 | United Title Company | |
| Love Freddie E | -- | New Century Title Company | |
| Kelly Love Virginia A | -- | Fidelity Title | |
| Kelly Love Virginia A | $125,000 | Fidelity Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Higgins Henry W | $315,000 | |
| Previous Owner | Lopez Juan | $252,000 | |
| Previous Owner | Love Freddie E | $170,000 | |
| Previous Owner | Kelly Love Virginia A | $112,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/11/2017 07/11/17 | Sold | $420,000 | -2.1% | $345 / Sq Ft |
| 10/27/2016 10/27/16 | For Sale | $429,000 | -- | $353 / 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 | $6,229 | $477,884 | $227,563 | $250,321 |
| 2024 | $6,229 | $468,514 | $223,101 | $245,413 |
| 2023 | $6,123 | $459,328 | $218,727 | $240,601 |
| 2022 | $5,751 | $450,323 | $214,439 | $235,884 |
| 2021 | $5,634 | $441,494 | $210,235 | $231,259 |
| 2020 | $5,620 | $436,968 | $208,080 | $228,888 |
| 2019 | $5,554 | $428,400 | $204,000 | $224,400 |
| 2018 | $5,376 | $420,000 | $200,000 | $220,000 |
| 2016 | $4,569 | $370,901 | $166,022 | $204,879 |
| 2015 | $3,933 | $325,000 | $150,000 | $175,000 |
| 2014 | $3,984 | $325,000 | $150,000 | $175,000 |
Source: Public Records
Agents Affiliated with this Home
-
James McCormick
-
Jacqueline Higgins
J
Buyer's Agent in 2017
Jacqueline Higgins
Real Broker
(562) 496-4455
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW16735140
APN: 7125-014-014
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