Seller's Agent in 2021
Mantas Kliminskas
Buckingham Investments, Inc
(310) 739-8972
1 in this area
6 Total Sales
37 E 56th St Long Beach, CA 90805
Dairy NeighborhoodEstimated Value: $684,548 - $753,000
3
Beds
2
Baths
1,290
Sq Ft
$551/Sq Ft
Est. Value
Highlights
- No HOA
- Ceiling Fan
- Back Yard
- Laundry Room
- Wall Furnace
About This Home
As of July 2021A professionally managed duplex with stable tenants and a great access to 710, 405 and 91 freeways. The left unit is 1 bedroom and 1 bathroom and the right unit is 2 bedroom and 1 bathroom. Both units feature direct access garages with room for storage, laundry hookups in each garage, the left unit has a small private back yard and the right unit has a small private back patio. The 2 bedroom 1 bathroom unit was completely remodeled in 2018 with a new gas stove, quartz kitchen countertops, kitchen cabinets, vinyl flooring and bathroom vanity. The front of the property was updated recently with two-tone paint and drought resistant landscaping. The property is fenced in from the neighbors with cinderblock wall and other fencing materials for privacy and security and each unit has a separate lockable entrance gate. Strong income and low maintenance costs make this duplex a very attractive purchase. Buyer to cooperate with the Seller's 1031 exchange.
Last Agent to Sell the Property
Buckingham Investments, Inc License #01789491 Listed on: 04/02/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 2,728 Sq Ft Lot
- 1 Common Wall
- Back Yard
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 1,290 Sq Ft Home
- Ceiling Fan
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Location
- Urban Location
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, gas, sewer, trash collection
- Legal Lot and Block 9 / 24
- Tax Tract Number 5992
- Assessor Parcel Number 7126009009
Community Details
Overview
- No Home Owners Association
- 2 Units
- North Long Beach Subdivision
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $476
- Pest Control $518
- Professional Management Expense $2,966
- Water Sewer Expense $578
- New Taxes Expense $7,250
- Operating Expense $9,375
- Gross Income $37,080
- Net Operating Income $27,705
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 3, 2017
Closed on
Apr 17, 2017
Sold by
Jeter Carmelita
Bought by
Schenkelberg Jeffrey and Schenkelberg Katherine
Seller's Agent
Karen Page
Meridian Capital Real Estate
Buyer's Agent
Mantas Kliminskas
Buckingham Investments, Inc
List Price
$410,000
Sold Price
$332,500
Premium/Discount to List
-$77,500
-18.9%
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
$378,637
Avg. Annual Appreciation
9.23%
Original Mortgage
$249,375
Outstanding Balance
$206,392
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$504,745
Purchase Details
Listed on
Dec 2, 2011
Closed on
Feb 1, 2012
Sold by
Reo Seastone Lp
Bought by
Jeter Carmelita
Seller's Agent
Craig Blakey
Pacific Lifestyles Realty
List Price
$245,000
Sold Price
$224,000
Premium/Discount to List
-$21,000
-8.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%
Original Mortgage
$168,000
Interest Rate
3.83%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 26, 2011
Sold by
Nichols Joseph
Bought by
Reo Seastone Lp
Purchase Details
Closed on
Mar 24, 2006
Sold by
Urie Brad
Bought by
Nichols Joseph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,400
Interest Rate
6.29%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Mar 22, 2005
Sold by
Urie Brad J and Brad J Urie 2002 Trust
Bought by
Urie Brad
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
7.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 20, 2004
Sold by
Urie Brad
Bought by
Urie Brad J and Brad J Urie 2002 Trust
Purchase Details
Closed on
Jan 29, 2004
Sold by
Griffin Gregory F and Griffin Virginia
Bought by
Urie Brad
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 11, 2001
Sold by
Griffin Gregory F and Griffin Virginia
Bought by
Griffin Gregory F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
6.57%
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 |
|---|---|---|---|
| Schenkelberg Jeffrey | $332,500 | Fidelity National Title Co | |
| Jeter Carmelita | $224,000 | Stewart Title Of Ca Inc | |
| Reo Seastone Lp | $170,500 | Accommodation | |
| Nichols Joseph | $482,000 | Lawyers Title | |
| Urie Brad | -- | Southland Title Corporation | |
| Urie Brad J | -- | -- | |
| Urie Brad | $285,000 | Lawyers Title | |
| Griffin Gregory F | -- | Fidelity Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schenkelberg Jeffrey | $249,375 | |
| Previous Owner | Jeter Carmelita | $168,000 | |
| Previous Owner | Nichols Joseph | $337,400 | |
| Previous Owner | Urie Brad | $328,000 | |
| Previous Owner | Urie Brad | $228,000 | |
| Previous Owner | Griffin Gregory F | $79,000 | |
| Closed | Urie Brad | $28,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/12/2021 07/12/21 | Sold | $575,000 | -0.9% | $446 / Sq Ft | |
| 04/23/2021 04/23/21 | Pending | -- | -- | -- | |
| 04/02/2021 04/02/21 | For Sale | $580,000 | +74.4% | $450 / Sq Ft | |
| 05/19/2017 05/19/17 | Sold | $332,500 | -15.8% | $258 / Sq Ft | View Prior Sale |
| 04/07/2017 04/07/17 | Pending | -- | -- | -- | |
| 02/20/2017 02/20/17 | Price Changed | $395,000 | -3.7% | $306 / Sq Ft | |
| 02/03/2017 02/03/17 | For Sale | $410,000 | +83.0% | $318 / Sq Ft | |
| 03/06/2012 03/06/12 | Sold | $224,000 | -8.6% | $174 / Sq Ft | View Prior Sale |
| 01/23/2012 01/23/12 | Pending | -- | -- | -- | |
| 12/02/2011 12/02/11 | For Sale | $245,000 | -- | $190 / 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 | $8,186 | $610,194 | $265,302 | $344,892 |
| 2024 | $7,841 | $598,230 | $260,100 | $338,130 |
| 2023 | $7,708 | $586,500 | $255,000 | $331,500 |
| 2022 | $7,236 | $575,000 | $250,000 | $325,000 |
| 2021 | $4,624 | $356,505 | $214,439 | $142,066 |
| 2020 | $4,612 | $353,071 | $212,241 | $140,830 |
| 2019 | $4,561 | $346,153 | $208,080 | $138,073 |
| 2018 | $4,406 | $339,370 | $204,000 | $135,370 |
| 2016 | $3,033 | $237,670 | $174,009 | $63,661 |
| 2015 | $2,915 | $234,101 | $171,396 | $62,705 |
| 2014 | $2,903 | $229,516 | $168,039 | $61,477 |
Source: Public Records
Agents Affiliated with this Home
-
Mantas Kliminskas
-
MARIO CASAS
Buyer's Agent in 2021
MARIO CASAS
Kasa Lending Inc.
(951) 317-9154
1 in this area
36 Total Sales
-
K
Seller's Agent in 2017
Karen Page
Meridian Capital Real Estate
-
C
Seller's Agent in 2012
Craig Blakey
Pacific Lifestyles Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB21052612
APN: 7126-009-009
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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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