NOT LISTED FOR SALE

Estimated Value: $723,688 - $926,000

4 Beds
2 Baths
1,660 Sq Ft
$497/Sq Ft Est. Value

Last Sold August 23, 2017

Last sale price $530,000 $319 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,981/month

41 Days on Market

About This Home

As of August 2017

Two Units on a Corner LOT! EACH unit has 2bedroom 1 bath with a 1 car Garage. These wonderful units sit on a quiet tree lined street and show very well. Newer roof, Windows and Stucco.

Last Agent to Sell the Property

Julio Juarez

Keller Williams Pacific Estates Cerritos License #01210061 Listed on: 06/02/2017

Keller Williams Pacific Estates Cerritos

Last Buyer's Agent

Mary Edwards

RE/MAX College Park Realty License #01103542

RE/MAX College Park Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 5,654 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Interior Spaces

  • 1,660 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Suburban Location
  • Floor Furnace

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 22763
  • Assessor Parcel Number 7303008020

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $750
  • Insurance Expense $1,500
  • Water Sewer Expense $2,500
  • New Taxes Expense $6,250
  • Operating Expense $11,000
  • Gross Income $18,698
  • Net Operating Income $18,698

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 2500.00
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Gardener Expense: 750.00
  • Parcel Number: 7303008020
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 319.28

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Floor Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5654.00

Multi Family

  • Gross Income: 18698.00
  • Gross Scheduled Income: 26712.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 18698.00
  • 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: 11000.00
  • Rent Control: No
  • Total Expenses: 11000.00

Tax Info

  • New Taxes Expense: 6250.00
  • Tax Census Tract: 5704.04
  • Tax Lot: 2
  • Tax Tract Number: 22763

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2020
Sold by
Chuor Lee and Chuor Saravy
Bought by
Lsc Families Llc
Current Estimated Value
$825,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,100
Outstanding Balance
$376,548
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$448,874

Purchase Details

Closed on
Apr 9, 2018
Sold by
Chuor Lee and Chuor Saravy
Bought by
Lsc Families Llc

Purchase Details

Listed on
Jun 2, 2017
Closed on
Jul 21, 2017
Sold by
Upm Services Inc
Bought by
Chour Lee and Chuor Saravy
Seller's Agent
Julio Juarez
Keller Williams Pacific Estates Cerritos
Buyer's Agent
Mary Edwards
RE/MAX College Park Realty
List Price
$499,900
Sold Price
$530,000
Premium/Discount to List
$30,100
6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$397,500
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 2, 2017
Closed on
Jul 5, 2017
Sold by
Watt Fredrick D
Bought by
Upm Services Inc
Seller's Agent
Julio Juarez
Keller Williams Pacific Estates Cerritos
Buyer's Agent
Mary Edwards
RE/MAX College Park Realty
List Price
$499,900
Sold Price
$530,000
Premium/Discount to List
$30,100
6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Interest Rate
4.03%
Mortgage Type
New Conventional
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
Lsc Families Llc -- Lawyers Title
Chuor Lee -- Lawyers Title
Lsc Families Llc -- None Available
Chour Lee $530,000 Chicago Title Company
Upm Services Inc -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chuor Lee $425,100
Previous Owner Chour Lee $397,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2017 08/23/17 Sold $530,000 +6.0% $319 / Sq Ft
06/02/2017 06/02/17 For Sale $499,900 -- $301 / 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 $7,866 $603,046 $341,347 $261,699
2024 $7,866 $591,222 $334,654 $256,568
2023 $7,742 $579,631 $328,093 $251,538
2022 $7,282 $568,266 $321,660 $246,606
2021 $7,144 $557,124 $315,353 $241,771
2020 $7,126 $551,972 $312,120 $239,852
2019 $7,041 $541,160 $306,000 $235,160
2018 $6,779 $530,560 $300,000 $230,560
2016 $2,455 $182,686 $61,431 $121,255
2015 $2,361 $179,943 $60,509 $119,434
2014 $2,354 $176,419 $59,324 $117,095
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17124131

California Regional Multiple Listing Service (CRMLS)

APN: 7303-008-020