NOT LISTED FOR SALE

Estimated Value: $1,215,000 - $1,513,312

8 Beds
4 Baths
3,256 Sq Ft
$421/Sq Ft Est. Value

Last Sold September 22, 2014

Last sale price $800,000 $246 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $8,524/month

18 Days on Market

About This Home

As of September 2014

The property is located in the Bixby Knolls community of North Long Beach.The building is situated on a large corner lot and is directly across the street from shopping and restaurants. The units are separately metered for gas and electric and have individual water heaters. Two of the units have been upgraded with granite counters in the kitchens and bathrooms. The roof is approximately 5 years old. Each unit has garage parking. The rents are under market and are not subject to rent control. PLEASE DO NOT WALK THE PROPERTY OR DISTURB THE TENANTS. THE TENANTS ARE NOT AWARE THE PROPERTY IS ON THE MARKET.

Last Agent to Sell the Property

Anne Baber

AOA Commercial Brokerage License #00959381 Listed on: 06/24/2014

Last Buyer's Agent

Maria Evans

License #01883042

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,571

Year Built

  • Built in 1946

Lot Details

  • 8,398 Sq Ft Lot

Interior Spaces

  • 3,256 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 7134-023-024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,571

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3256
  • Stories: 2
  • Year Built: 1946
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 244.16

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Garage - 4+ Car
  • Total Parking: 4

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall
  • Water Expense: 1239.00

Fee Information

  • Insurance Expense: 1500.00
  • Maintenance Expense: 2625.00
  • Other Expense: 1050.00

Lot Info

  • Assessed Improvement Value: 168793
  • Assessed Land Value: 281565
  • Assessor Parcel Number: 7134-023-024
  • Geocode Override: No
  • Lot Location: Alley Access
  • Lot Size Area: 8398

Rental Info

  • Monthly Gross Income: 4511.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.69
  • Number Of Units: 4
  • Rent Control: 0
  • Total Annual Expense: 17611
  • Type Of Units: flats
  • Vacancy Rate: 3

Tax Info

  • Tax Expense: 9699.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2014
Closed on
Sep 15, 2014
Sold by
Tolan Stan
Bought by
Jamieson Zoila and Jamieson Family Trust
Seller's Agent
Anne Baber
AOA Commercial Brokerage
Buyer's Agent
Maria Evans
List Price
$795,000
Sold Price
$800,000
Premium/Discount to List
$5,000
0.63%
Current Estimated Value
$1,372,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$572,078
Avg. Annual Appreciation
5.84%
Original Mortgage
$200,000
Outstanding Balance
$22,473
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,465,603

Purchase Details

Closed on
Jun 1, 2004
Sold by
Tolan Stan and Tolan Shelia J
Bought by
Tolan Stan
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jamieson Zoila $800,000 Lawyers Title
Tolan Stan -- --
Tolan Stan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jamieson Zoila $200,000
Previous Owner Tolan Stan $350,000
Previous Owner Tolan Stan $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2014 09/22/14 Sold $800,000 +0.6% $246 / Sq Ft
07/12/2014 07/12/14 Pending -- -- --
06/24/2014 06/24/14 For Sale $795,000 -- $244 / Sq Ft
Source: The MLS

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 $12,571 $961,474 $480,737 $480,737
2024 $12,571 $942,622 $471,311 $471,311
2023 $12,358 $924,140 $462,070 $462,070
2022 $11,608 $906,020 $453,010 $453,010
2021 $11,368 $888,256 $444,128 $444,128
2019 $11,206 $861,912 $430,956 $430,956
2018 $10,891 $845,012 $422,506 $422,506
2016 $10,018 $812,200 $406,100 $406,100
2015 $9,620 $800,000 $400,000 $400,000
2014 $5,789 $452,402 $282,843 $169,559
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 14-772735

The MLS

APN: 7134-023-024