NOT LISTED FOR SALE

Estimated Value: $1,226,000 - $1,585,806

4 Beds
3 Baths
1,939 Sq Ft
$700/Sq Ft Est. Value

Sale Details

Date Sold: December 24, 2020

Last sale price $1,050,000 $542 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $8,708 / mo

97 Days on Market

Highlights

  • Guest House
  • Craftsman Architecture
  • 1-Story Property
  • Woodrow Wilson High School Rated A

About This Home

As of December 2020

Beautiful Craftsman Bungalow and large guest house in a great Long Beach neighborhood, many original details in the home and upgraded systems. Front house 2bed + 1ba 1100 sqft nice upgraded kitchen and and laundry room grassy back yard and large deck. Back unit over 3 garages (2 are tandem) is a 2bed +1.75ba these units are large and have ample storage, very cute and well taken care of this kind of property rarely come on the market Front united rented $2400 rear unit $2150 keep the current renters or live in one and use the income to offset the mortgage , you have many options

Last Agent to Sell the Property

Bob McKenney

Crestico Realty License #01020574 Listed on: 08/05/2020

Last Buyer's Agent

Chuck Wilson

License #00829923

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • 6,751 Sq Ft Lot
  • Lot Dimensions are 50x135

Parking

  • 5 Car Garage

Home Design

  • Craftsman Architecture

Interior Spaces

  • 1,939 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Guest House
  • Gas Water Heater

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 7257-016-016

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

6,751 Sq Ft Lot

Parking

5

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Street Number Display: Yes
  • Living Area: 1939
  • Lot Acreage: 0.1550
  • Lot Dimensions: 50x135
  • Probate: No
  • Stories: 1
  • Year Built: 1918
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Mixed
  • Bedrooms: 4
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 566.79

Exterior Features

  • Other Structures: GuestHouse
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 5
  • Garage Structures: 3
  • Total Parking: 5

Utilities

  • Water Heater: Gas
  • Sewer: In Connected and Paid
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 30.31
  • Assessed Improvement Value: 240097
  • Assessed Land Percent: 69.69
  • Assessed Land Value: 551951
  • Total Assessed Value: 792048
  • Assessor Parcel Number: 7257-016-016
  • Lot Size Area: 6751

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 2.10
  • Number Of Units: 2
  • Type Of Units: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Nov 18, 2020
Sold by
Bought by
Seller's Agent
Bob McKenney
Crestico Realty
Buyer's Agent
Chuck Wilson
List Price
$1,150,000
Sold Price
$1,050,000
Premium/Discount to List
-$100,000
-8.7%
Current Estimated Value
$1,356,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,952
Avg. Annual Appreciation
4.68%
Original Mortgage
$961,537
Outstanding Balance
$837,876
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$519,076

Purchase Details

Listed on
Aug 5, 2020
Closed on
Nov 12, 2020
Sold by
Bought by
Seller's Agent
Bob McKenney
Crestico Realty
Buyer's Agent
Chuck Wilson
List Price
$1,150,000
Sold Price
$1,050,000
Premium/Discount to List
-$100,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$961,537
Outstanding Balance
$837,876
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$519,076

Purchase Details

Closed on
Apr 12, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$692,000
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 7, 1996
Sold by
Bought by

Purchase Details

Closed on
Oct 24, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Fidelity National Title
$1,050,000 Fidelity National Title
$717,500 Lawyers Title
-- Chicago Title Co
-- Chicago Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $50,000
Open $961,537
Previous Owner $606,247
Previous Owner $628,954
Previous Owner $692,000
Previous Owner $121,374
Previous Owner $137,141
Previous Owner $146,133
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/24/2020 12/24/20 Sold $1,050,000 -4.5% $542 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
10/01/2020 10/01/20 Price Changed $1,099,000 -4.4% $567 / Sq Ft
08/05/2020 08/05/20 For Sale $1,150,000 -- $593 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,997 $1,136,551 $736,053 $400,498
2024 $14,363 $1,114,267 $721,621 $392,646
2023 $14,125 $1,092,420 $707,472 $384,948
2022 $13,255 $1,071,000 $693,600 $377,400
2021 $13,000 $1,050,000 $680,000 $370,000
2020 $10,498 $840,523 $585,733 $254,790
2019 $10,374 $824,044 $574,249 $249,795
2018 $10,034 $807,888 $562,990 $244,898
2016 $9,226 $776,519 $541,129 $235,390
2015 $8,851 $764,856 $533,001 $231,855
2014 $8,786 $749,875 $522,561 $227,314
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-615216

The MLS

APN: 7257-016-016

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