$495,000
SOLD MAY 16, 2012
-- Bed
-- Bath
1,928 Sq Ft
8,179 Sq Ft Lot

Recently Sold

$257 Per Sq Ft

10% Below List Price

33 Days on Market

Highlights

  • Traditional Architecture
  • Floor Furnace
  • Carpet
  • Stanford Middle School Rated A-

About This Home

As of March 2022

Standard sale, Drive By Only,Subject to Inspection,Do not disturb tenants, Triplex in good rental area East of long Beach,detached 3 Car Garages with Huge lot,Each has it own private patio,Alley Access plus 4th Parking.Big Bonus Room all Permitted,Close to major shoppings, schools,parks and Freeways.3 seperate addresses: 4242-4244-4246 E. Jacinto,it has 3 gas meters, 3 electrcial meters and 1 water meter,near the Traffic Circle and CSULB. Collects $3000.00 in monthly rent income. Has New Re-stucco, New Low E windows, New Garage Doors, New copper pipe plumbing , New plumbing Drains,2 Coin Laundry room inside the Bonus room.Hurry Next 2 doors sold for $ 550 Cash identical.

Last Agent to Sell the Property

Tony Amer

TM Real Estate Brokers License #01127040 Listed on: 03/03/2012

Last Buyer's Agent

Renee Massey

USA Direct Realty License #01894937

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,842

Year Built

  • Built in 1943

Lot Details

  • 8,179 Sq Ft Lot

Parking

  • 3 Car Garage
  • 1 Carport Space

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,928 Sq Ft Home
  • Carpet

Kitchen

  • Gas Oven or Range
  • Range

Utilities

  • Floor Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Tract Number 11674
  • Assessor Parcel Number 7219008007

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $25
  • Gardener Expense $60
  • Insurance Expense $1,152
  • Trash Expense $20
  • Water Sewer Expense $30
  • New Taxes Expense $4,741
  • Net Operating Income $2,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,842

Year Built

Built in 1943

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • CapRate: 0.57
  • View: No
  • Water Sewer Expenses: 30.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 60.00
  • Parcel Number: 7219008007
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 256.74

Exterior Features

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

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 3.00
  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: No
  • Appliances: Free Standing, Gas Cooking, Range
  • Heating Type: Floor Furnace
  • Sewer: Sewer Paid
  • Trash Expense: 20.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 8179.00
  • Lot Size Acres: 0.1880

Multi Family

  • Electric Expense: 25.00
  • Gross Multiplier: 169.46
  • Gross Scheduled Income: 2950.00
  • Insurance Expense: 1152.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 8179.0000 Square Feet
  • Net Operating Income: 2850.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Patio: 3
  • Operating Expense: 100.00

Tax Info

  • New Taxes Expense: 4741.00
  • Tax Area: 5500
  • Tax Lot: 0.
  • Tax Tract Number: 11674

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2022
Closed on
Jan 20, 2022
Sold by
King Geoffrey S and King Catherine N
Bought by
Giakoumis Vicky
Seller's Agent
Jamee Lindberg
Re/Max R. E. Specialists
Buyer's Agent
Thomas Hoehn
RE/MAX College Park Realty
List Price
$1,295,000
Sold Price
$1,250,000
Premium/Discount to List
-$45,000
-3.47%
Total Days on Market
33
Current Estimated Value
$1,296,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,076
Avg. Annual Appreciation
1.12%
Original Mortgage
$937,500
Outstanding Balance
$876,858
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$419,218

Purchase Details

Listed on
Mar 3, 2012
Closed on
Apr 9, 2012
Sold by
Amer Tony I
Bought by
King Geoffrey S and King Catherine N
Seller's Agent
Tony Amer
TM Real Estate Brokers
Buyer's Agent
Renee Massey
USA Direct Realty
List Price
$549,900
Sold Price
$495,000
Premium/Discount to List
-$54,900
-9.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%
Original Mortgage
$346,500
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2010
Sold by
Navy Federal Credit Union
Bought by
Amer Tony I and Ajrab Amer Marina R

Purchase Details

Closed on
Aug 12, 2009
Sold by
Cooper Kevin L
Bought by
Navy Federal Credit Union

Purchase Details

Closed on
Nov 10, 2005
Sold by
Cooper Kevin
Bought by
Cooper Kevin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2004
Sold by
Cooper Kevin L
Bought by
Cooper Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
8.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2004
Sold by
Parker Rachel P
Bought by
Cooper Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
8.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 1997
Sold by
Roper Robert E
Bought by
Roper Robert E and The Robert E Roper Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,250,000 Fidelity National Title
Grant Deed $495,000 Chicago Title Company
Grant Deed $382,000 Chicago Title Company
Trustee Deed $228,477 Accommodation
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Ticor Title Company
Grant Deed $420,000 Ticor Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $937,500 New Conventional
Previous Owner $346,500 New Conventional
Previous Owner $346,500 New Conventional
Previous Owner $75,000 Unknown
Previous Owner $200,000 Unknown
Previous Owner $350,000 New Conventional
Previous Owner $336,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $1,250,000 -3.5% $648 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $1,295,000 +161.6% $672 / Sq Ft
05/16/2012 05/16/12 Sold $495,000 -10.0% $257 / Sq Ft
04/05/2012 04/05/12 Pending -- -- --
03/03/2012 03/03/12 For Sale $549,900 -- $285 / 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
2024 $16,842 $1,300,500 $884,340 $416,160
2023 $16,561 $1,275,000 $867,000 $408,000
2022 $7,645 $585,878 $414,259 $171,619
2021 $7,489 $574,391 $406,137 $168,254
2019 $7,384 $557,356 $394,092 $163,264
2018 $7,094 $546,428 $386,365 $160,063
2016 $6,530 $525,212 $371,363 $153,849
2015 $6,272 $517,324 $365,785 $151,539
2014 $6,239 $507,191 $358,620 $148,571
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P814199

California Regional Multiple Listing Service (CRMLS)

APN: 7219-008-007