D
Seller's Agent in 2019
Dory Merkwan
HomeSmart, Evergreen Realty
(949) 753-7888
10 Total Sales
3713 Cherry Ave Long Beach, CA 90807
California Heights NeighborhoodEstimated Value: $824,000 - $991,000
2
Beds
2
Baths
1,166
Sq Ft
$762/Sq Ft
Est. Value
Highlights
- No Units Above
- Wood Flooring
- No HOA
- Longfellow Elementary School Rated A-
- Private Yard
- Laundry Room
About This Home
As of June 2019Fantastic opportunity to fix and save! Perfect property for either an owner occupant or investor. This classic bungalow style duplex in desirable Cal Heights is priced to sell! Quality built in 1945 and waiting for a new buyer to bring it up to date. 1 bedroom 1 bath side by side units. Both units have separate fenced yards in back, to enjoy the outdoors.- There is a large garage with alley access, currently being used as a two car for unit 3711 and storage/laundry room for 3713. May be able to convert to 3 car for added value. Don't miss out on this, priced to sell!
Last Agent to Sell the Property
HomeSmart, Evergreen Realty License #01184085 Listed on: 05/07/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1945
Lot Details
- 5,508 Sq Ft Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- Wood Fence
- Private Yard
- Lawn
- Front Yard
Parking
- 2 Car Garage
- On-Street Parking
Home Design
- Duplex
- Bungalow
- Fixer Upper
- Raised Foundation
- Plaster
- Stucco
Interior Spaces
- 1,166 Sq Ft Home
- 1-Story Property
- Wood Flooring
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Exterior Lighting
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 14
- Tax Tract Number 10606
- Assessor Parcel Number 7147008014
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Gardener Expense $1,100
- Insurance Expense $700
- Other Expense $900
- Water Sewer Expense $1,200
- New Taxes Expense $7,137
- Operating Expense $11,037
- Gross Income $25,800
- Net Operating Income $17,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 20, 2019
Sold by
Ugbah Appolonia
Bought by
Ugbah Appolonia and Appolonia Ugbah Trust
Current Estimated Value
Purchase Details
Listed on
May 7, 2019
Closed on
May 17, 2019
Sold by
Atkins Jerald T
Bought by
Ugbah Appolonia
Seller's Agent
Dory Merkwan
HomeSmart, Evergreen Realty
Buyer's Agent
David Cox
eXp Realty of Greater Los Angeles
List Price
$549,000
Sold Price
$560,000
Premium/Discount to List
$11,000
2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%
Original Mortgage
$420,000
Outstanding Balance
$368,504
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$520,430
Purchase Details
Closed on
Mar 2, 1999
Sold by
Atkins Jerald T
Bought by
Atkins Jerald T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.7%
Purchase Details
Closed on
Jun 4, 1997
Sold by
Atkins Jerald T
Bought by
Atkins Jerald T and The Atkins Revocable Trust
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 |
|---|---|---|---|
| Ugbah Appolonia | -- | None Available | |
| Ugbah Appolonia | $560,000 | First American Title | |
| Atkins Jerald T | -- | American Title Co | |
| Atkins Jerald T | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ugbah Appolonia | $420,000 | |
| Previous Owner | Atkins Jerald T | $110,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/06/2019 06/06/19 | Sold | $560,000 | +2.0% | $480 / Sq Ft |
| 05/13/2019 05/13/19 | Pending | -- | -- | -- |
| 05/07/2019 05/07/19 | For Sale | $549,000 | -- | $471 / 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 | $8,373 | $624,686 | $374,812 | $249,874 |
| 2024 | $8,023 | $612,438 | $367,463 | $244,975 |
| 2023 | $7,888 | $600,430 | $360,258 | $240,172 |
| 2022 | $7,405 | $588,658 | $353,195 | $235,463 |
| 2021 | $7,259 | $577,117 | $346,270 | $230,847 |
| 2020 | $7,241 | $571,200 | $342,720 | $228,480 |
| 2019 | $4,247 | $319,601 | $127,837 | $191,764 |
| 2018 | $4,097 | $313,335 | $125,331 | $188,004 |
| 2016 | $3,772 | $301,169 | $120,465 | $180,704 |
| 2015 | $3,624 | $296,646 | $118,656 | $177,990 |
| 2014 | $3,607 | $290,836 | $116,332 | $174,504 |
Source: Public Records
Agents Affiliated with this Home
-
Dory Merkwan
-
David Cox
Buyer's Agent in 2019
David Cox
eXp Realty of Greater Los Angeles
(562) 716-3848
4 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC19106220
APN: 7147-008-014
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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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