NOT LISTED FOR SALE

Estimated Value: $646,298 - $902,000

4 Beds
2 Baths
1,388 Sq Ft
$540/Sq Ft Est. Value

Last Sold April 15, 2013

Last sale price $275,000 $198 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $4,271/month

218 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • 2 Car Garage
  • Long Beach Polytechnic High School Rated A
  • Laundry Room
  • Carpet

About This Home

As of April 2013

>>>Each unit offers two bedrooms and one bath.

Last Agent to Sell the Property

RUBEN LOPEZ

FINANCIAL HOME CENTER License #00309043 Listed on: 08/09/2012

Last Buyer's Agent

Melissa Moy Chhour

Skyline Properties License #00999382

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 2,887

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Tar and Gravel Roof
  • Stucco

Interior Spaces

  • 1,388 Sq Ft Home
  • Carpet
  • Window Bars

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Rain Gutters
  • 2,887 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 13
  • Tax Tract Number 2268
  • Assessor Parcel Number 7208009002

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $400
  • Trash Expense $360
  • Gross Income $1,700
  • Net Operating Income $12,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Security: Window Bars
  • Zoning: LBR2N
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 7208009002
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 198.13

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Tar/Gravel
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Trash Expense: 360.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size: 2858
  • Lot Size Sq Ft: 2887.00
  • Lot Size Acres: 0.0660

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 1700.00
  • Gross Scheduled Income: 1700.00
  • Insurance Expense: 400.00
  • Lot Size Area: 2887.0000 Square Feet
  • Net Operating Income: 12100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Range: 1
  • Number With Refrigerator: 1
  • Operating Expense: 600.00
  • Rent Control: No

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 2268
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2012
Closed on
Mar 14, 2013
Sold by
Lpz Financial Services Inc
Bought by
Taing Thomas K and Cchour Melissa M
Seller's Agent
RUBEN LOPEZ
FINANCIAL HOME CENTER
Buyer's Agent
Melissa Moy Chhour
Skyline Properties
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%
Current Estimated Value
$749,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$474,575
Avg. Annual Appreciation
8.11%

Purchase Details

Closed on
Apr 8, 2011
Sold by
Lopez Richard
Bought by
Lopez Ruben

Purchase Details

Closed on
Sep 11, 2002
Sold by
Lopez George A
Bought by
Lopez Richard and Lopez Josephine

Purchase Details

Closed on
Aug 20, 1999
Sold by
Syntone Treatment Center
Bought by
Lopez Richard and Lopez Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,528
Interest Rate
7.97%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 1997
Sold by
Hud
Bought by
Syntone Treatment Center Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7.92%

Purchase Details

Closed on
Apr 2, 1997
Sold by
Midfirst Bank
Bought by
Hud

Purchase Details

Closed on
Jan 2, 1997
Sold by
Mojica Sidronio
Bought by
Midfirst Bank and Midfirst Bank Ssb
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
Taing Thomas K $275,000 None Available
Lpz Financial Services Inc -- None Available
Lopez Ruben -- None Available
Lopez Richard -- Orange Coast Title
Lopez Richard $180,000 California Counties Title Co
Syntone Treatment Center Inc $76,000 California Counties Title Co
Hud -- United Title Company
Midfirst Bank $146,278 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Richard $178,528
Previous Owner Syntone Treatment Center Inc $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2013 04/15/13 Sold $275,000 -3.5% $198 / Sq Ft
03/15/2013 03/15/13 Pending -- -- --
08/09/2012 08/09/12 For Sale $285,000 -- $205 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,543 $338,630 $221,651 $116,979
2024 $4,543 $331,991 $217,305 $114,686
2023 $4,464 $325,483 $213,045 $112,438
2022 $4,197 $319,102 $208,868 $110,234
2021 $4,107 $312,846 $204,773 $108,073
2019 $4,049 $303,568 $198,700 $104,868
2018 $3,908 $297,616 $194,804 $102,812
2016 $3,595 $286,062 $187,241 $98,821
2015 $3,454 $281,766 $184,429 $97,337
2014 $3,437 $276,248 $180,817 $95,431
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C12099948

California Regional Multiple Listing Service (CRMLS)

APN: 7208-009-002

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