NOT LISTED FOR SALE

Estimated Value: $626,000 - $929,000

3 Beds
2 Baths
1,062 Sq Ft
$720/Sq Ft Est. Value

Last Sold March 27, 2015

Last sale price $451,000 $425 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,552/month

104 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Tile Flooring
  • Long Beach Polytechnic High School Rated A
  • Double Pane Windows
  • Wood Siding

About This Home

As of March 2015

LOCATION!LOCATION!!! CONVINIENT AREA,A DUPLEX, 1-1BD/1BTH, AND 1-2BD/1BTH.THE TWO BEDROOM UNIT FEATURES GRANITE COUNTER,NEW KITCHEN CABINETS JUST REMODELED. ADDITIONS WERE DONE LEGALLY!MUST SEE...

Last Agent to Sell the Property

Jose Palencia

Popular Funding & Real Estate License #01116753 Listed on: 10/28/2014

Last Buyer's Agent

Ana Palencia

Popular Funding & Real Estate License #01521149

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $707

Year Built

  • Built in 1914 | Remodeled

Lot Details

  • 6,240 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Additions or Alterations
  • Raised Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,062 Sq Ft Home
  • Double Pane Windows

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 8
  • Tax Tract Number 5732
  • Assessor Parcel Number 7209010014

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Poly High Subdivision

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$707

Year Built

Built in 1914 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Poly High (PH)
  • View: No
  • Property Condition: Additions/Alterations, Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 7209010014
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 424.67
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available
  • Heating: Yes
  • Laundry: No
  • Heating Type: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6240.00
  • Lot Size Acres: 0.1430

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Lot Size Area: 6240.0000 Square Feet
  • 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 Area: 11933
  • Tax Lot: 8
  • Tax Tract Number: 5732
  • Tax Annual Amount: 707.00
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2016
Sold by
Martinez Andres and Martinez Ana
Bought by
Martinez Andres and Martinez Ana
Current Estimated Value
$765,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,463
Outstanding Balance
$250,605
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$514,478

Purchase Details

Listed on
Oct 28, 2014
Closed on
Mar 26, 2015
Sold by
Flores David A
Bought by
Martinez Andres and Martinez Ana
Seller's Agent
Jose Palencia
Popular Funding & Real Estate
Buyer's Agent
Ana Palencia
Popular Funding & Real Estate
List Price
$419,900
Sold Price
$451,000
Premium/Discount to List
$31,100
7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%
Original Mortgage
$316,696
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 18, 2013
Closed on
Mar 11, 2014
Sold by
Farmers & Merchants Trust Company Of Lon
Bought by
Flores David A
Seller's Agent
Darren Hamilton
Hamilton Pacific Real Estate
Buyer's Agent
Jose Palencia
Popular Funding & Real Estate
List Price
$349,000
Sold Price
$260,000
Premium/Discount to List
-$89,000
-25.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.60%
Original Mortgage
$215,000
Interest Rate
4.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 18, 2013
Closed on
Feb 21, 2014
Sold by
Voll Helen L and Voll Helen Louise
Bought by
Farmers & Merchants Trust Company Of Lon and Helen L Voll Revocable Trust
Seller's Agent
Darren Hamilton
Hamilton Pacific Real Estate
Buyer's Agent
Jose Palencia
Popular Funding & Real Estate
List Price
$349,000
Sold Price
$260,000
Premium/Discount to List
-$89,000
-25.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
4.29%
Mortgage Type
Purchase Money Mortgage
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
Martinez Andres -- Provident Title Company
Martinez Andres $415,000 Pacific Coast Title Company
Flores David A $260,000 Fidelity National Title Co
Farmers & Merchants Trust Company Of Lon -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Andres $316,463
Closed Martinez Andres $316,696
Previous Owner Flores David A $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/27/2015 03/27/15 Sold $451,000 +7.4% $425 / Sq Ft
02/09/2015 02/09/15 Pending -- -- --
10/28/2014 10/28/14 For Sale $419,900 +61.5% $395 / Sq Ft
03/18/2014 03/18/14 Sold $260,000 -25.5% $245 / Sq Ft View Prior Sale
02/11/2014 02/11/14 Pending -- -- --
10/18/2013 10/18/13 For Sale $349,000 -- $329 / 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 $6,513 $498,758 $240,367 $258,391
2024 $6,513 $488,979 $235,654 $253,325
2023 $6,403 $479,392 $231,034 $248,358
2022 $6,014 $469,993 $226,504 $243,489
2021 $5,893 $460,778 $222,063 $238,715
2019 $5,810 $447,114 $215,478 $231,636
2018 $5,617 $438,348 $211,253 $227,095
2016 $5,585 $421,328 $203,050 $218,278
2015 $3,625 $295,994 $152,997 $142,997
2014 -- $37,356 $23,579 $13,777
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14232989

California Regional Multiple Listing Service (CRMLS)

APN: 7209-010-014