NOT LISTED FOR SALE

Estimated Value: $943,000 - $1,405,000

2 Beds
1 Bath
2,522 Sq Ft
$475/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $540,000 $214 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $7,001/month

23 Days on Market

Highlights

  • Spanish Architecture
  • Woodrow Wilson High School Rated A
  • No Heating

About This Home

As of August 2012

This is a 2 unit detached property, Spanish style home. Front (stand alone) house is a 2 bed 1 bath with wood flooring. Rear unit is a 2 bedroom 1 bath with a loft, granite counter tops, patio/deck with view of the Cal State Long Beach pyramid. Near PCH circle and Los Coyotes Diagonal.3 individual garage (2 attached 1 detached) and driveway space for 2 more cars. BONUS ROOM TOO! WITH PERMITS! 10 min drive to the beach. Three blocks to elementary school.One block from shopping center. This is a short sale.

Last Agent to Sell the Property

Elizabeth Quiroz

COLDWELL BANKER UNITED License #01858734 Listed on: 07/11/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 6,556

Parking

  • 3 Car Garage

Home Design

  • 2,522 Sq Ft Home
  • Spanish Architecture
  • Split Level Home
  • Stucco

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • 6,556 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 6686
  • Assessor Parcel Number 7253021031

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 7253021031
  • Year Built: 1924
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: Multi/Split
  • Price Per Square Foot: 214.12

Exterior Features

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

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6556.00
  • Lot Size Acres: 0.1510

Multi Family

  • Lot Size Area: 6556.0000 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
  • Number With Carpet: 2

Tax Info

  • Tax Area: 5500
  • Tax Lot: 8
  • Tax Tract Number: 6686

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2013
Sold by
Hernandez Jose and Hernandez Jose
Bought by
Radi Investments Co Inc
Current Estimated Value
$1,198,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$375,288
Interest Rate
3.36%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$823,161

Purchase Details

Closed on
Jul 6, 2006
Sold by
Hernandez Bertha
Bought by
Hernandez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,400
Interest Rate
6.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 22, 2006
Sold by
Mammen Thomas and Mammen Thankamma
Bought by
Hernandez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,400
Interest Rate
6.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 7, 2005
Sold by
Bridges David D
Bought by
Mammen Thomas and Mammen Thankamma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving
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
Radi Investments Co Inc $540,000 --
Hernandez Jose -- Ticor Title Co Glendale
Hernandez Jose $935,000 Ticor Title Co Glendale
Mammen Thomas $735,000 Ticor Title Co
Bridges David D -- Ticor Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Radi Investments Co Inc $540,000
Previous Owner Hernandez Jose $184,400
Previous Owner Hernandez Jose $645,400
Previous Owner Bridges David D $73,500
Previous Owner Mammen Thomas $588,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2012 08/31/12 Sold $540,000 -6.9% $214 / Sq Ft
08/03/2012 08/03/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $580,000 -- $230 / 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 $8,658 $664,960 $467,936 $197,024
2024 $8,658 $651,922 $458,761 $193,161
2023 $8,515 $639,140 $449,766 $189,374
2022 $8,000 $626,609 $440,948 $185,661
2021 $7,836 $614,323 $432,302 $182,021
2020 $7,815 $608,025 $427,870 $180,155
2019 $7,725 $596,104 $419,481 $176,623
2018 $7,453 $584,416 $411,256 $173,160
2016 $6,847 $561,725 $395,288 $166,437
2015 $6,573 $553,288 $389,351 $163,937
2014 $6,531 $542,451 $381,725 $160,726
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P828393

California Regional Multiple Listing Service (CRMLS)

APN: 7253-021-031