NOT LISTED FOR SALE

419 E 55th St Long Beach, CA 90805

Dairy Neighborhood

Estimated Value: $845,000 - $1,281,000

7 Beds
4 Baths
2,245 Sq Ft
$459/Sq Ft Est. Value

Last Sold April 10, 2013

Last sale price $487,500 $217 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $6,053/month

22 Days on Market

Highlights

  • No HOA
  • 4 Car Garage
  • 4-minute walk to Grace Park

About This Home

As of April 2013

4 bedrooms 2 bathrooms in the front unit, and 3 bedrooms and 2 bedrooms in the rear unit. Each unit has its own 2 two-car garage. The front unit was built in 1930, and the rear unit was built in 1990. New roof on the front unit and garage was put on 2008. Major remodeling of the front house had been done in 2011 including copper repipe, new sewer, new insulation, recessed lights, new electrical, bathroom remodel and a lot more.

Last Agent to Sell the Property

Kevin Hood

GreenTree Properties License #01236206 Listed on: 02/11/2013

Last Buyer's Agent

James Bangar

Coldwell Banker Envision License #00867272

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 7,213 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • 2,245 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Additional Features

  • Suburban Location
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 883
  • Tax Tract Number 5134
  • Assessor Parcel Number 7127024024

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $360
  • Insurance Expense $1,200
  • Water Sewer Expense $1,200
  • Gross Income $3,500
  • Net Operating Income $39,240

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Gardener Expense: 360.00
  • Parcel Number: 7127024024
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 217.15

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Suburban

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7213.00
  • Lot Size Acres: 0.1660

Multi Family

  • Gross Income: 3500.00
  • Gross Scheduled Income: 42000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7213.0000 Square Feet
  • Net Operating Income: 39240.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 578.00
  • Rent Control: No

Tax Info

  • Tax Lot: 883
  • Tax Tract Number: 5134
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2013
Closed on
Apr 1, 2013
Sold by
Sawyer Larry Wayne and Sawyer Elaine A
Bought by
Abreu Sawyer Larry Wayne and Abreu Sawyer Eliane De
Seller's Agent
Kevin Hood
GreenTree Properties
Buyer's Agent
James Bangar
Coldwell Banker Envision
List Price
$524,900
Sold Price
$487,500
Premium/Discount to List
-$37,400
-7.13%
Current Estimated Value
$1,029,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$542,201
Avg. Annual Appreciation
6.05%
Original Mortgage
$341,250
Outstanding Balance
$240,046
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$789,655

Purchase Details

Listed on
Feb 11, 2013
Closed on
Mar 18, 2013
Sold by
Haas Jaroslav
Bought by
Sawyer Larry Wayne and Sawyer Eliane A
Seller's Agent
Kevin Hood
GreenTree Properties
Buyer's Agent
James Bangar
Coldwell Banker Envision
List Price
$524,900
Sold Price
$487,500
Premium/Discount to List
-$37,400
-7.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,250
Outstanding Balance
$240,046
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$789,655
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Abreu Sawyer Larry Wayne -- None Available
Sawyer Larry Wayne $487,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sawyer Larry Wayne $341,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2013 04/10/13 Sold $487,500 -7.1% $217 / Sq Ft
03/05/2013 03/05/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $524,900 -- $234 / 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 $7,897 $600,310 $230,887 $369,423
2024 $7,897 $588,540 $226,360 $362,180
2023 $7,767 $577,001 $221,922 $355,079
2022 $7,301 $565,688 $217,571 $348,117
2021 $7,152 $554,597 $213,305 $341,292
2020 $7,133 $548,911 $211,118 $337,793
2019 $7,051 $538,149 $206,979 $331,170
2018 $6,754 $527,598 $202,921 $324,677
2016 $6,207 $507,113 $195,043 $312,070
2015 $5,959 $499,497 $192,114 $307,383
2014 $5,923 $489,713 $188,351 $301,362
Source: Public Records

Agents Affiliated with this Home

  • Kevin Hood

    Seller's Agent in 2013

    Kevin Hood

    GreenTree Properties

    (949) 350-5495

    96 Total Sales

    Kevin Hood
    Section Image
  • James Bangar

    Buyer's Agent in 2013

    James Bangar

    Coldwell Banker Envision

    (562) 201-3778

    22 Total Sales

    James Bangar
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13021176

California Regional Multiple Listing Service (CRMLS)

APN: 7127-024-024

California Los Angeles County Long Beach 90805 Dairy

419 E 55th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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