NOT LISTED FOR SALE

Estimated Value: $833,622 - $929,000

4 Beds
3 Baths
1,810 Sq Ft
$490/Sq Ft Est. Value

Last Sold July 22, 2016

Last sale price $468,500 $259 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $5,252/month

13 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • No HOA
  • Laundry Room
  • Ceiling Fan

About This Home

As of July 2016

Excellent opportunity to own this North Long Beach Duplex. Diamond in the rough on a large lot. Live in one and rent the other. Great for future income potential. Front unit 45 W. Arbor has 2BD 1BTH and back unit 47 W. Arbor has 2BD 2BTH. Seller spent lots of money remodeling these units in 2008 with new windows, new laminate floors and new ceramic tile. The kitchen in the front unit was completely redone with new kitchen cabinets and granite counter tops. Small studio in the Garage. Great size front yard and back yard with nice grassy area. Long driveway for lots of parking. Each has its own Water heater, Gas and Electric meter. Close to freeways, schools, and shopping centers. Hurry!! This home is priced right and will not last. DO NOT SHOW UP WITHOUT AN APPOINTMENT!!!!

Last Agent to Sell the Property

TERRI RAMIREZ

KELLER WILLIAMS COVINA Listed on: 05/10/2016

KELLER WILLIAMS COVINA

Last Buyer's Agent

Maria Fernandez

Sunrise Realty & Home Loan License #01201245

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 7,180 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,810 Sq Ft Home
  • Ceiling Fan

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 71
  • Tax Tract Number 5717
  • Assessor Parcel Number 7133032035

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 7133032035
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Levels: One
  • Price Per Square Foot: 258.84
  • Room Type: All Bedrooms Down

Exterior Features

  • Fencing: Block
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Electricity Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Outside, Washer Hookup
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7180.00
  • Price Per Lot Square Foot: 65.25

Multi Family

  • Gross Income: 2800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 71
  • Tax Tract Number: 5717.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2016
Closed on
May 24, 2016
Sold by
Sarabia Rosales
Bought by
Baltazar Freddie
Seller's Agent
TERRI RAMIREZ
KELLER WILLIAMS COVINA
Buyer's Agent
Maria Fernandez
Sunrise Realty & Home Loan
List Price
$468,800
Sold Price
$468,500
Premium/Discount to List
-$300
-0.06%
Current Estimated Value
$887,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,656
Avg. Annual Appreciation
6.98%
Original Mortgage
$460,013
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Closed on
May 2, 2008
Sold by
Malo Delilah
Bought by
Malo Oscar

Purchase Details

Closed on
Jan 22, 2007
Sold by
Sarabia Rosales
Bought by
Sarabia Rosales and Sarabia Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,400
Interest Rate
7.53%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 10, 2007
Sold by
Sarabia Carmen
Bought by
Sarabia Rosales

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,400
Interest Rate
7.53%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 5, 2007
Sold by
New Century Mortgage Corp
Bought by
Sarabia Rosales

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,400
Interest Rate
7.53%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 7, 2006
Sold by
Arellano Maria Abad
Bought by
New Century Mortgage Corp

Purchase Details

Closed on
Sep 19, 2005
Sold by
Amaya Luis
Bought by
Arellano Maria Abad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7.8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 21, 2005
Sold by
Amaya Luis A
Bought by
Amaya Luis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
7.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2005
Sold by
Amaya Martin O
Bought by
Amaya Luis A and Amaya Maria Del Rosario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
7.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2002
Sold by
Amaya Luis A
Bought by
Amaya Martin O

Purchase Details

Closed on
Aug 16, 2001
Sold by
Amaya Luis A
Bought by
Amaya Luis A and Amaya Maria Delrosario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,540
Interest Rate
7.09%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 1999
Sold by
Freed Irving
Bought by
Amaya Luis Alonso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,674
Interest Rate
7.95%

Purchase Details

Closed on
Apr 18, 1996
Sold by
Soll Martin Gary
Bought by
Freed Irving and Freed Muriel
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Baltazar Freddie $468,500 North American Title
Malo Oscar -- None Available
Malo Oscar -- None Available
Sarabia Rosales -- Accommodation
Sarabia Rosales -- First American Title Ins Co
Sarabia Rosales $443,000 First American Title Ins Co
New Century Mortgage Corp $492,011 Accommodation
Arellano Maria Abad $575,000 --
Amaya Luis A -- Southland Title
Amaya Luis A -- --
Amaya Martin O -- --
Amaya Luis A -- Benefit Land Title Company
Amaya Luis Alonso $150,000 Continental Title
Amaya Luis A -- Continental Title
Freed Irving -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baltazar Freddie $460,013
Previous Owner Sarabia Rosales $354,400
Previous Owner Arellano Maria Abad $460,000
Previous Owner Amaya Luis A $344,000
Previous Owner Amaya Luis A $154,540
Previous Owner Amaya Luis Alonso $148,674
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2016 07/22/16 Sold $468,500 -0.1% $259 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $468,800 -- $259 / 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 $7,408 $543,726 $294,204 $249,522
2024 $7,408 $533,066 $288,436 $244,630
2023 $7,046 $522,615 $282,781 $239,834
2022 $6,624 $512,369 $277,237 $235,132
2021 $6,489 $502,323 $271,801 $230,522
2019 $6,398 $487,427 $263,741 $223,686
2018 $6,129 $477,870 $258,570 $219,300
2016 $5,357 $435,124 $271,954 $163,170
2015 $5,144 $428,589 $267,869 $160,720
2014 $5,114 $420,194 $262,622 $157,572
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16100484

California Regional Multiple Listing Service (CRMLS)

APN: 7133-032-035