Seller's Agent in 2015
Grace Lin
Century 21 Realty Masters
(562) 884-5967
18 Total Sales
344 W 8th St Long Beach, CA 90813
Willmore NeighborhoodEstimated Value: $948,765
3
Beds
2
Baths
2,600
Sq Ft
$365/Sq Ft
Est. Value
Highlights
- Craftsman Architecture
- Neighborhood Views
- Tile Flooring
- No HOA
- Cooling System Mounted To A Wall/Window
- Central Heating
About This Home
As of July 2015Great opportunity to purchase a two story mixed-use building! The first floor of this craftsman style house was converted years back with permits to a neighborhood market. The corner placement of the property gives the market steady traffic and high visibility. The units have their own address: '344' is the spacious upstairs area with 1000 sq ft of living space (3 bedroom 2 bath) and '346' is the 1600 sq ft "Chestnut Market" (with restroom). A quick drive from many local amenities and downtown area. The side of the building has a unique mural sometimes featured in films. Per owner, Annual gross income $50,400.
Last Agent to Sell the Property
Century 21 Realty Masters License #01912720 Listed on: 06/01/2015
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1915
Lot Details
- 1,802 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Craftsman Architecture
Interior Spaces
- 2,600 Sq Ft Home
- 2-Story Property
- Neighborhood Views
- Gas Cooktop
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- 2 Bathrooms
Parking
- 1 Parking Space
- Parking Available
- Unassigned Parking
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating
- 220 Volts in Workshop
- TV Antenna
Listing and Financial Details
- Tenant pays for cable TV, gas, water
- Tax Lot 1
- Tax Tract Number 35
- Assessor Parcel Number 7272019001
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 1 Separate Gas Meter
- 2 Separate Water Meters
- Insurance Expense $1,500
- Trash Expense $600
- Net Operating Income $46,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2015
Closed on
Jun 9, 2015
Sold by
Ullah S Mohammad Shehab
Bought by
Nourrcier Charles E and Nourrcier Karen D
Seller's Agent
Grace Lin
Century 21 Realty Masters
Buyer's Agent
Maggie Lorincz
Trends RE Inc.
List Price
$549,900
Sold Price
$535,000
Premium/Discount to List
-$14,900
-2.71%
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
$413,765
Avg. Annual Appreciation
7.23%
Purchase Details
Closed on
Feb 3, 2004
Sold by
Ruiz Gloria Sanchez and Elodia A Blanco Living Trust
Bought by
Ruiz Gloria Sanchez
Purchase Details
Closed on
Jan 29, 2003
Sold by
Ullah Sirina B
Bought by
Ullah Mohammad Shehab
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.79%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 28, 2003
Sold by
Hud
Bought by
Ullah Mohammad Sheab
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.79%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 25, 2001
Sold by
Union Planters Bank Na
Bought by
Hud
Purchase Details
Closed on
May 23, 2001
Sold by
Conteros Alonzo and Conteros Mercedes
Bought by
Union Planters Bank Na
Purchase Details
Closed on
Jul 19, 2000
Sold by
Williams Mark
Bought by
Conteros Alonzo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,207
Interest Rate
8.2%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 25, 2000
Sold by
Trust Blanco Elodia A Tr Elodia A Blanco
Bought by
Williams Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
8.38%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 24, 1994
Sold by
Sanchez Elodia A and Blanco Elodia A
Bought by
Blanco Elodia A
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 |
|---|---|---|---|
| Nourrcier Charles E | $534,500 | Wfg Title Co Of California | |
| Ruiz Gloria Sanchez | -- | -- | |
| Ullah Mohammad Shehab | -- | -- | |
| Ullah Mohammad Sheab | $200,000 | Stewart Title | |
| Hud | $231,308 | Fidelity National Title | |
| Union Planters Bank Na | $231,308 | -- | |
| Conteros Alonzo | $218,000 | Benefit Land Title Company | |
| Williams Mark | $97,000 | Lawyers Title Company | |
| Blanco Elodia A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ullah Mohammad Sheab | $100,000 | |
| Previous Owner | Conteros Alonzo | $216,207 | |
| Previous Owner | Williams Mark | $97,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/23/2015 07/23/15 | Sold | $535,000 | -2.7% | $206 / Sq Ft |
| 07/01/2015 07/01/15 | Pending | -- | -- | -- |
| 06/01/2015 06/01/15 | For Sale | $549,900 | -- | $212 / 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 | $8,395 | $633,325 | $213,081 | $420,244 |
| 2024 | $8,395 | $620,907 | $208,903 | $412,004 |
| 2023 | $8,249 | $608,733 | $204,807 | $403,926 |
| 2022 | $7,749 | $596,798 | $200,792 | $396,006 |
| 2021 | $7,582 | $544,000 | $183,000 | $361,000 |
| 2019 | $6,157 | $567,745 | $191,017 | $376,728 |
| 2018 | $7,275 | $556,614 | $187,272 | $369,342 |
| 2016 | $6,689 | $535,000 | $180,000 | $355,000 |
| 2015 | $3,208 | $241,006 | $60,247 | $180,759 |
| 2014 | $3,187 | $236,286 | $59,067 | $177,219 |
Source: Public Records
Agents Affiliated with this Home
-
Grace Lin
-
Josh Lin
Seller Co-Listing Agent in 2015
Josh Lin
Century 21 Realty Masters
(562) 607-7637
6 Total Sales
-
Maggie Lorincz
M
Buyer's Agent in 2015
Maggie Lorincz
Trends RE Inc.
(562) 533-1410
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW15117779
APN: 7272-019-001
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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