NOT LISTED FOR SALE

423 E 51st St Long Beach, CA 90805

Addams Neighborhood

Estimated Value: $727,534 - $815,000

5 Beds
2 Baths
1,720 Sq Ft
$444/Sq Ft Est. Value

Last Sold February 26, 2013

Last sale price $226,000 $131 Per Sq Ft

Est. 238% increase in value since last sale

Current estimated payment $4,335/month

140 Days on Market

About This Home

As of February 2013

Approved short sale at list price! Clean North Long Beach duplex that will move quickly. Each unit offers 2 bedrooms and 1 bathroom along with its own garage. Property can be used as an investment property or as a principal residence, it is your choice. Act now, this one is hot.

Last Agent to Sell the Property

Roger Beltran

Century 21 Allstars License #01430687 Listed on: 07/23/2012

Century 21 Allstars

Last Buyer's Agent

Roger Beltran

Century 21 Allstars License #01430687 Listed on: 07/23/2012

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 3,398

Parking

  • 2 Car Garage

Home Design

  • 1,720 Sq Ft Home
  • Traditional Architecture
  • Stucco

Utilities

  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 7130011035

Community Details

Overview

  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $1,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 7130011035
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 131.40

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Multi Family

  • Gross Income: 1100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Total Actual Rent: 1100.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2012
Closed on
Mar 5, 2013
Sold by
The Desai Holding Company Llc
Bought by
Farina Francisco M and Farina Kimberly
Seller's Agent
Roger Beltran
Century 21 Allstars
Buyer's Agent
Roger Beltran
Century 21 Allstars
List Price
$225,200
Sold Price
$226,000
Premium/Discount to List
$800
0.36%
Current Estimated Value
$762,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,884
Avg. Annual Appreciation
9.83%
Original Mortgage
$202,500
Outstanding Balance
$142,704
Interest Rate
3.51%
Mortgage Type
New Conventional
Estimated Equity
$620,180

Purchase Details

Closed on
Oct 17, 2012
Sold by
Monterroso Rene
Bought by
The Desai Holding Company Llc

Purchase Details

Closed on
Jan 15, 2011
Sold by
Monterroso Rene and Monterroso Audelina
Bought by
Monterroso Rene

Purchase Details

Closed on
Apr 15, 2002
Sold by
Silva Juan P
Bought by
Flores Saul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
9.12%

Purchase Details

Closed on
Apr 9, 2002
Sold by
Flores Saul and Lucio Martha Estela
Bought by
Monterroso Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
9.12%

Purchase Details

Closed on
Mar 13, 1996
Sold by
Herr R Gilbert
Bought by
Flores Saul and Martinez Martha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,552
Interest Rate
7.96%
Mortgage Type
FHA
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
Farina Francisco M $270,000 Pacific Coast Title Company
The Desai Holding Company Llc $175,000 Pacific Coast Title Company
Monterroso Rene -- None Available
Flores Saul -- American Title Co
Monterroso Rene $216,000 American Title Co
Flores Saul $148,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farina Francisco M $202,500
Previous Owner Monterroso Rene $172,800
Previous Owner Flores Saul $145,552
Closed Monterroso Rene $43,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2013 02/26/13 Sold $226,000 +0.4% $131 / Sq Ft
12/10/2012 12/10/12 Pending -- -- --
07/23/2012 07/23/12 For Sale $225,200 -- $131 / 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 $4,484 $332,473 $160,079 $172,394
2024 $4,484 $325,955 $156,941 $169,014
2023 $4,407 $319,564 $153,864 $165,700
2022 $4,144 $313,299 $150,848 $162,451
2021 $4,053 $307,157 $147,891 $159,266
2019 $3,995 $298,048 $143,505 $154,543
2018 $3,864 $292,205 $140,692 $151,513
2016 $3,551 $280,861 $135,230 $145,631
2015 $3,412 $276,643 $133,199 $143,444
2014 $3,396 $271,225 $130,590 $140,635
Source: Public Records

Agents Affiliated with this Home

  • Roger Beltran

    Seller's Agent in 2013

    Roger Beltran

    Century 21 Allstars

    (562) 477-4527

    49 Total Sales

    Roger Beltran
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1203906

California Regional Multiple Listing Service (CRMLS)

APN: 7130-011-035

California Los Angeles County Long Beach 90805 Addams

423 E 51st St, Long Beach, CA

Not Listed for Sale

MultiFamily

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