NOT LISTED FOR SALE

350 E 59th St Long Beach, CA 90805

DeForest Park Neighborhood

Estimated Value: $741,000 - $950,000

3 Beds
3 Baths
1,623 Sq Ft
$526/Sq Ft Est. Value

Last Sold April 26, 2017

Last sale price $525,000 $323 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,134/month

9 Days on Market

Highlights

  • No HOA
  • Wall Furnace
  • 1-Story Property
  • Laundry Room

About This Home

As of April 2017

Live in one and rent the other in a quiet pocket in Long Beach. Front unit is 3 bd, 2 bth with 2 living rooms and spacious kitchen with tile flooring throughout with over 1600 sq feet of living space. Tank less Water Heater. Master bath recently remodeled. Large front yard with a patio that is great for entertaining. The front yard an automatic sprinkler system along with new fruit trees. A must see!! Rear unit is a single recently remodeled with tile floors, newer kitchen with cabinets and granite counter tops. It comes with a stainless steel sink and perfect for additional rental income.

Last Agent to Sell the Property

Albert Baskaron

Premier Realty Associates License #01829272 Listed on: 02/23/2017

Premier Realty Associates

Last Buyer's Agent

Valentin Hernandez

HomeSmart Realty Group License #01740219

HomeSmart Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 5,824 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex

Interior Spaces

  • 1,623 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 7125025010

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Zoning: LBR1N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7125025010
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 323.48

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5824.00

Rental Info

  • Tenant Pays: None

Multi Family

  • Average Studio Area: 400 Square Feet
  • Gross Scheduled Income: 800.00
  • 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 Census Tract: 5703.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2024
Sold by
Sarmiento Eduardo and Sarmiento Katheryne V
Bought by
Make Family Living Trust and Sarmiento
Current Estimated Value
$854,072

Purchase Details

Listed on
Feb 23, 2017
Closed on
Mar 13, 2017
Sold by
Baskaren Albert Y and Baskaron Dalia
Bought by
Sarmiento Katheryne V and Sarmiento Eduardo
Seller's Agent
Albert Baskaron
Premier Realty Associates
Buyer's Agent
Valentin Hernandez
HomeSmart Realty Group
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.78%
Original Mortgage
$538,940
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2011
Sold by
Mora Fausto Gerardo and Mora Sofia Alexandra
Bought by
Baskaron Albert Y and Baskaron Dalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,761
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 24, 2009
Sold by
Longbreo Investments Lp
Bought by
Mora Fausto Gerardo and Mora Sofia Alexandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,388
Interest Rate
4.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 8, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Longbreo Investments Lp

Purchase Details

Closed on
Dec 19, 2008
Sold by
Concha Amparo
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Nov 15, 2005
Sold by
Acossa Corp
Bought by
Ossa Beatriz Elena

Purchase Details

Closed on
Jul 7, 2005
Sold by
Concha Amparo
Bought by
Acossa Corp

Purchase Details

Closed on
May 6, 2005
Sold by
Vernon Richard and Hamersma Joan
Bought by
Concha Amparo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,400
Interest Rate
6.95%
Mortgage Type
Fannie Mae Freddie Mac
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
Make Family Living Trust -- None Listed On Document
Make Family Living Trust -- None Listed On Document
Sarmiento Katheryne V $525,000 Provident Title Company
Baskaron Albert Y $325,000 Western Resources Title Co
Mora Fausto Gerardo $365,000 Chicago Title Company
Longbreo Investments Lp $152,500 Chicago Title
Deutsche Bank National Trust Company $366,016 Service Link
Ossa Beatriz Elena -- --
Acossa Corp -- --
Concha Amparo -- --
Concha Amparo $413,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sarmiento Katheryne V $538,940
Previous Owner Baskaron Albert Y $316,761
Previous Owner Mora Fausto Gerardo $358,388
Previous Owner Concha Amparo $330,400
Closed Concha Amparo $82,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2017 04/26/17 Sold $525,000 0.0% $323 / Sq Ft
03/06/2017 03/06/17 For Sale $525,000 0.0% $323 / Sq Ft
03/04/2017 03/04/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $525,000 -- $323 / 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 $7,905 $609,301 $348,173 $261,128
2024 $7,905 $597,355 $341,347 $256,008
2023 $7,772 $585,643 $334,654 $250,989
2022 $7,300 $574,161 $328,093 $246,068
2021 $7,071 $562,904 $321,660 $241,244
2020 $7,052 $557,333 $318,362 $238,971
2019 $6,968 $546,410 $312,120 $234,290
2018 $6,726 $535,700 $306,000 $229,700
2016 $4,300 $351,732 $189,394 $162,338
2015 $4,129 $346,450 $186,550 $159,900
2014 $4,107 $339,664 $182,896 $156,768
Source: Public Records

Agents Affiliated with this Home

  • Albert Baskaron

    Seller's Agent in 2017

    Albert Baskaron

    Premier Realty Associates

    (562) 260-8317

    8 Total Sales

    Albert Baskaron
    Section Image
  • Valentin Hernandez

    Buyer's Agent in 2017

    Valentin Hernandez

    HomeSmart Realty Group

    (310) 654-3586

    15 Total Sales

    Valentin Hernandez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17037185

California Regional Multiple Listing Service (CRMLS)

APN: 7125-025-010

California Los Angeles County Long Beach 90805 DeForest Park

350 E 59th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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