NOT LISTED FOR SALE

Estimated Value: $772,000 - $1,240,000

3 Beds
3 Baths
2,204 Sq Ft
$429/Sq Ft Est. Value

Last Sold January 18, 2017

Last sale price $422,200 $192 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $5,929/month

42 Days on Market

Highlights

  • 0.05 Acre Lot
  • Laundry Room
  • Level Lot
  • Long Beach Polytechnic High School Rated A
  • Central Heating

About This Home

As of January 2017

Bring your paintbrush and imagination! Attached duplex. 418 Lime Ave is 2 bedroom, 1.5 Bath, two story unit with a dining room and laundry area. 416 Lime Ave is a 1 bedroom and 1 bathroom unit. Walking distance to the beach & bike trails, downtown Long Beach, Shoreline Village, The Pike, Convention Center, terrace theater & Performing Arts...Restaurants, bars, coffee houses & a multitude of retail outlets. Plus...The Grand Prix all at your door step!!

Last Agent to Sell the Property

Rob Buchan

Keller Williams Realty License #00687340 Listed on: 11/07/2016

Keller Williams Realty

Last Buyer's Agent

Cody Charnell

Sage Real Estate Group, Inc. License #01950585

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,700

Year Built

  • Built in 1905

Lot Details

  • 2,026 Sq Ft Lot
  • 1 Common Wall
  • Level Lot
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 2,204 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • No Driveway
  • On-Street Parking

Additional Features

  • Exterior Lighting
  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 18 / 71
  • Tax Tract Number 5762
  • Assessor Parcel Number 7281006029

Community Details

Overview

  • 2 Units
  • Alamitos Beach Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • New Taxes Expense $5,525

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,700

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: Mary
  • Other Phone Number: 310-994-7849
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • Zoning: LBPD30
  • Property Type: Residential Income
  • Parcel Number: 7281006029
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 191.56

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking Features: No Driveway, Street

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level with Street
  • Lot Size Sq Ft: 2026.00
  • Lot Size Acres: 0.0465

Multi Family

  • Lot Size Area: 2026.0000 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

  • New Taxes Expense: 5525.00
  • Tax Block: 71
  • Tax Census Tract: 5762.00
  • Tax Lot: 18
  • Tax Tract Number: 5762

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2021
Sold by
Trott William J and Trott Toni T
Bought by
Trott Megan E
Current Estimated Value
$945,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,000
Outstanding Balance
$580,088
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$345,945

Purchase Details

Closed on
Mar 12, 2020
Sold by
416 418 Lime Avenue Llc
Bought by
Trott William J and Trott Toni T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$651,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2017
Sold by
Trott Megan E
Bought by
416-418 Lime Avenue Llc

Purchase Details

Closed on
Jun 22, 2017
Sold by
B888 Inc
Bought by
Trott Megan E and Trott William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,683
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 7, 2016
Closed on
Jan 3, 2017
Sold by
Us Bank Na
Bought by
B888 Inc
Seller's Agent
Rob Buchan
Keller Williams Realty
Buyer's Agent
Cody Charnell
Sage Real Estate Group, Inc.
List Price
$442,000
Sold Price
$422,200
Premium/Discount to List
-$19,800
-4.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.48%

Purchase Details

Closed on
Mar 30, 2016
Sold by
Carrera Jose
Bought by
Us Bank Na

Purchase Details

Closed on
Nov 29, 2011
Sold by
Carrera Jose
Bought by
Carrera Jose and Hernandez Jose

Purchase Details

Closed on
Jul 27, 2011
Sold by
Carrera Jose
Bought by
Carrera Jose and Lopez Carlos

Purchase Details

Closed on
Apr 13, 2011
Sold by
Carrera Jose
Bought by
Carrera Jose and Lopez Martha

Purchase Details

Closed on
Oct 26, 2010
Sold by
Carrera Jose
Bought by
Carrera Jose and Lopez Elva

Purchase Details

Closed on
Sep 24, 2010
Sold by
Asset Recovery Trust
Bought by
Carrera Jose and Mejia Miguel A Hernandez

Purchase Details

Closed on
Jun 9, 2010
Sold by
Carrera Jose
Bought by
Asset Recovery Trust

Purchase Details

Closed on
Nov 19, 2002
Sold by
Carrera Roberto
Bought by
Carrera Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,832
Interest Rate
5.93%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 21, 1996
Sold by
Plata Alfredo
Bought by
Carrera Roberto and Carrera Azela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,825
Interest Rate
7.76%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Trott Megan E -- Stewart Title Of Ca Inc
Trott William J -- Stewart Title Of California
416-418 Lime Avenue Llc -- Accommodation
Trott Megan E $680,000 Servicelink
B888 Inc $422,500 Servicelink Title Company
Us Bank Na $409,500 Accommodation
Carrera Jose -- None Available
Carrera Jose -- None Available
Carrera Jose -- None Available
Carrera Jose -- None Available
Carrera Jose -- None Available
Asset Recovery Trust -- None Available
Carrera Jose $205,000 American Title Co
Carrera Roberto $179,000 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trott Megan E $647,000
Closed Trott William J $651,000
Previous Owner Trott Megan E $667,683
Previous Owner Patel Jayantibhai L $132,000
Previous Owner Carrera Jose $497,500
Previous Owner Carrera Jose $467,000
Previous Owner Carrera Jose $400,000
Previous Owner Carrera Jose $201,832
Previous Owner Carrera Roberto $173,825
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2017 01/18/17 Sold $422,200 -4.5% $192 / Sq Ft
12/19/2016 12/19/16 Pending -- -- --
12/08/2016 12/08/16 For Sale $442,000 0.0% $201 / Sq Ft
11/22/2016 11/22/16 Pending -- -- --
11/07/2016 11/07/16 For Sale $442,000 -- $201 / 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 $10,700 $842,102 $546,820 $295,282
2024 $10,700 $825,592 $536,099 $289,493
2023 $10,521 $809,405 $525,588 $283,817
2022 $9,873 $793,535 $515,283 $278,252
2021 $8,923 $714,800 $504,565 $210,235
2020 $8,900 $707,472 $499,392 $208,080
2019 $8,796 $693,600 $489,600 $204,000
2018 $8,567 $680,000 $480,000 $200,000
2016 $3,849 $305,418 $214,329 $91,089
2015 $3,699 $300,831 $211,110 $89,721
2014 $3,680 $294,939 $206,975 $87,964
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16742663

California Regional Multiple Listing Service (CRMLS)

APN: 7281-006-029