NOT LISTED FOR SALE

348 E Morningside St Long Beach, CA 90805

Addams Neighborhood

Estimated Value: $702,000 - $921,000

4 Beds
2 Baths
1,389 Sq Ft
$577/Sq Ft Est. Value

Last Sold December 09, 2015

Last sale price $439,500 $316 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,702/month

2 Days on Market

About This Home

As of December 2015

2 units, 2/1 baths each, back unit have double garage attached, laundry room inside, front unit have 1 garage attached, both unit remolded bathrooms, paint about 3 years ago..

Last Agent to Sell the Property

Navy Ortiz

Bronwyn Realty Inc License #01746268 Listed on: 08/26/2015

Last Buyer's Agent

Navy Ortiz

Bronwyn Realty Inc License #01746268 Listed on: 08/26/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 4,500 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 3 Car Garage

Home Design

  • 1,389 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 1460
  • Tax Tract Number 5134
  • Assessor Parcel Number 7131028008

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • New Taxes Expense $4,687
  • Gross Income $2,650
  • Net Operating Income $27,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 7131028008
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 316.41

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 4500.00
  • Price Per Lot Square Foot: 97.67
  • Lot Size Acres: 0.1030

Multi Family

  • Gross Income: 2650.00
  • Gross Scheduled Income: 31800.00
  • Insurance Expense: 600.00
  • Lot Size Area: 4500.0000 Square Feet
  • Net Operating Income: 27600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 4200.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4687.00
  • Tax Lot: 1460
  • Tax Tract Number: 5134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2015
Closed on
Dec 4, 2015
Sold by
Han Kenneth J
Bought by
You Daravuth
Seller's Agent
Navy Ortiz
Bronwyn Realty Inc
Buyer's Agent
Navy Ortiz
Bronwyn Realty Inc
List Price
$450,000
Sold Price
$439,500
Premium/Discount to List
-$10,500
-2.33%
Current Estimated Value
$801,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,146
Avg. Annual Appreciation
6.11%
Original Mortgage
$324,500
Outstanding Balance
$255,245
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$546,401

Purchase Details

Closed on
Sep 27, 2011
Sold by
Han Sun K
Bought by
Han Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2011
Sold by
Wells Fargo Bank National Association
Bought by
Han Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2011
Sold by
Carrillo Guadalupe
Bought by
Wells Fargo Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2006
Sold by
Vela Luis Humberto and Vela Ana Maria
Bought by
Carrillo Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.99%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 10, 1994
Sold by
California Thrift & Loan
Bought by
Vela Luis Humberto and Vela Ana Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,573
Interest Rate
7.67%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 8, 1993
Sold by
Cal Fed Service Corp
Bought by
California Thrift & Loan

Purchase Details

Closed on
Aug 9, 1993
Sold by
Chavez Dolores P
Bought by
Sun Springs Marinas Inc and Mkr Enterprises
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
You Daravuth $439,500 North American Title Company
Han Kenneth J -- Lsi Title Company Inc
Han Kenneth J $270,000 Lsi Title Company Inc
Wells Fargo Bank National Association $201,531 Accommodation
Carrillo Guadalupe $625,000 United Title Co Glendale
Vela Luis Humberto $132,000 World Title Company
California Thrift & Loan $79,400 Gateway Title Company
Sun Springs Marinas Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open You Daravuth $324,500
Previous Owner Han Kenneth J $202,500
Previous Owner Carrillo Guadalupe $500,000
Previous Owner Vela Luis Humberto $130,573
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2015 12/09/15 Sold $439,500 -2.3% $316 / Sq Ft
08/28/2015 08/28/15 Pending -- -- --
08/26/2015 08/26/15 For Sale $450,000 -- $324 / 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 $6,464 $520,271 $165,135 $355,136
2024 $6,464 $510,071 $161,898 $348,173
2023 $6,360 $500,071 $158,724 $341,347
2022 $5,970 $490,266 $155,612 $334,654
2021 $5,854 $480,654 $152,561 $328,093
2020 $5,838 $475,726 $150,997 $324,729
2019 $5,770 $466,399 $148,037 $318,362
2018 $5,556 $457,255 $145,135 $312,120
2016 $5,100 $439,500 $139,500 $300,000
2015 $3,274 $282,175 $167,215 $114,960
2014 $3,261 $276,649 $163,940 $112,709
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2015

    Navy Ortiz

    Bronwyn Realty Inc

    (714) 398-9877

    52 Total Sales

    Navy Ortiz
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS15189659

California Regional Multiple Listing Service (CRMLS)

APN: 7131-028-008

California Los Angeles County Long Beach 90805 Addams

348 E Morningside St, Long Beach, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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

Nearby Homes