NOT LISTED FOR SALE

Estimated Value: $857,361 - $1,036,000

2 Beds
2 Baths
1,168 Sq Ft
$806/Sq Ft Est. Value

Last Sold March 07, 2014

Last sale price $415,000 $355 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $5,471/month

55 Days on Market

Highlights

  • Wood Flooring
  • Breakfast Area or Nook
  • Living Room
  • Longfellow Elementary School Rated A-
  • 2 Car Detached Garage
  • Ceiling Fan

About This Home

As of March 2014

A charming duplex in desirable area of Long Beach! Both units are 1 bedroom/1 bath. Duplex is upgraded with newer windows, doors, upgraded kitchen features upgraded facing on cabinets, oven, refrigerator and dishwasher. Bedroom has a walk in closet, bath is upgraded with a combo tub/shower. Hardwood Floors, Front door and side door. Side door leads out to a large private yard. Tenants share ½ of a 2 car garage. Separate community laundry, separate water heaters. Located close to Bixby Knoll area.

Last Agent to Sell the Property

Constance MacNeill

The Way Realty, Inc. License #01821912 Listed on: 12/03/2013

The Way Realty, Inc.

Last Buyer's Agent

Alvia Christian

License #01158525

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 5,547

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex

Interior Spaces

  • 1,168 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • 5,547 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 7147-009-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 1168
  • Year Built: 1945
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Number Dishwasher: 2
  • Number Disposal: 2
  • Flooring: Hardwood
  • Appliances: Free Standing Gas, Range Hood
  • Bedrooms: 2
  • Common Walls: Attached
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 355.31

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Garage Structures: 1
  • Parking Garage: Detached, Garage
  • Total Parking: 2

Utilities

  • Heating: Wall

Fee Information

  • Insurance Expense: 481.00

Lot Info

  • Assessed Land Value: 214512
  • Assessor Parcel Number: 7147-009-008
  • Geocode Override: No
  • Lot Size Area: 5547

Rental Info

  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.80
  • Number Of Units: 2
  • Type Of Units: Duplex

Tax Info

  • Tax Expense: 4576.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2013
Closed on
Feb 10, 2014
Sold by
Silverman Alan
Bought by
Buth Billy James and Nou Sunny
Seller's Agent
Constance MacNeill
The Way Realty, Inc.
Buyer's Agent
Alvia Christian
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Current Estimated Value
$940,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$525,840
Avg. Annual Appreciation
7.15%
Original Mortgage
$415,000
Outstanding Balance
$313,629
Interest Rate
4.34%
Mortgage Type
VA
Estimated Equity
$627,211

Purchase Details

Listed on
Dec 3, 2013
Closed on
Feb 4, 2014
Sold by
Hill Johnson Jessica
Bought by
Johnson Garth R
Seller's Agent
Constance MacNeill
The Way Realty, Inc.
Buyer's Agent
Alvia Christian
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Outstanding Balance
$313,629
Interest Rate
4.34%
Mortgage Type
VA
Estimated Equity
$627,211

Purchase Details

Closed on
Sep 24, 2007
Sold by
Johnson Garth R
Bought by
Silverman Toni

Purchase Details

Closed on
Aug 26, 2003
Sold by
Silverman Toni
Bought by
Silverman Toni

Purchase Details

Closed on
Aug 29, 2002
Sold by
Silverman Alan B
Bought by
Silverman Toni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.43%

Purchase Details

Closed on
Jul 22, 2002
Sold by
Muis Robert E and Muis Jacquelyn J
Bought by
Silverman Toni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.43%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Buth Billy James $415,000 Fidelity National Title
Johnson Garth R -- Fidelity National Title
Silverman Toni -- None Available
Silverman Toni -- --
Silverman Toni -- South Coast Title
Silverman Toni $250,000 South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buth Billy James $415,000
Previous Owner Silverman Toni $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2014 03/07/14 Sold $415,000 -2.4% $355 / Sq Ft
01/27/2014 01/27/14 Pending -- -- --
12/03/2013 12/03/13 For Sale $425,000 -- $364 / Sq Ft
Source: The MLS

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 $6,621 $508,723 $306,461 $202,262
2024 $6,621 $498,749 $300,452 $198,297
2023 $6,509 $488,970 $294,561 $194,409
2022 $6,113 $479,384 $288,786 $190,598
2021 $5,991 $469,985 $283,124 $186,861
2019 $5,906 $456,046 $274,727 $181,319
2018 $5,713 $447,105 $269,341 $177,764
2016 $5,259 $429,745 $258,883 $170,862
2015 $5,049 $423,291 $254,995 $168,296
2014 $4,720 $388,764 $219,795 $168,969
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-722229

The MLS

APN: 7147-009-008