NOT LISTED FOR SALE

Estimated Value: $623,403 - $821,000

2 Beds
2 Baths
956 Sq Ft
$710/Sq Ft Est. Value

Last Sold January 29, 2016

Last sale price $315,000 $329 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $3,965/month

22 Days on Market

About This Home

As of January 2016

2 occupied investment property units located in north long beach. Units were renovated a few years ago.

Last Agent to Sell the Property

Steve Richardson

General Properties License #01510320 Listed on: 12/02/2015

Last Buyer's Agent

Gerlin Munoz

Coldwell Banker Envision License #01772541

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1934

Lot Details

  • 2,257 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Parking Spaces

Home Design

  • 956 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 1337
  • Tax Tract Number 5134
  • Assessor Parcel Number 7130008009

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $700
  • Trash Expense $600
  • New Taxes Expense $3,000
  • Gross Income $1,600
  • Net Operating Income $16,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Property Type: Residential Income
  • Parcel Number: 7130008009
  • Year Built: 1934
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 329.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2257.00
  • Price Per Lot Square Foot: 132.48
  • Lot Size Acres: 0.0520

Multi Family

  • Gross Income: 1600.00
  • Gross Scheduled Income: 19200.00
  • Insurance Expense: 700.00
  • Lot Size Area: 2257.0000 Square Feet
  • Net Operating Income: 16200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 3000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3000.00
  • Tax Lot: 1337
  • Tax Tract Number: 5134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2024
Sold by
Padilla Antonio R and Lanza Kerin Jamileth
Bought by
Padilla Antonio R
Current Estimated Value
$678,601

Purchase Details

Closed on
Sep 26, 2019
Sold by
Padilla Antonio R
Bought by
Padilla Antonio R and Lanza Kerin Jamileth Sanchez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
3.5%

Purchase Details

Listed on
Dec 2, 2015
Closed on
Dec 29, 2015
Sold by
Tyler Alyce
Bought by
Padilla Antonio R
Seller's Agent
Steve Richardson
General Properties
Buyer's Agent
Gerlin Munoz
Coldwell Banker Envision
List Price
$299,000
Sold Price
$315,000
Premium/Discount to List
$16,000
5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%
Original Mortgage
$309,294
Interest Rate
3.71%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 7, 2007
Sold by
Mcdowell Dana
Bought by
Tyler Alyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,250
Interest Rate
10.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2002
Sold by
Paiz Marco and Paiz Ruth N
Bought by
Mcdowell Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,769
Interest Rate
6.94%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 15, 1997
Sold by
Hud
Bought by
Paiz Marco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,350
Interest Rate
7.43%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 11, 1997
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Sep 24, 1996
Sold by
Lindsey Linda and Countrywide Home Loans Inc
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Dec 10, 1993
Sold by
Lindsey Linda
Bought by
Lindsey Linda
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
Padilla Antonio R -- None Listed On Document
Padilla Antonio R -- None Listed On Document
Padilla Antonio R -- Provident Title Company
Padilla Antonio R $315,000 Title365
Tyler Alyce $385,000 Ticor Title
Mcdowell Dana $138,000 United Title Company
Paiz Marco $90,500 California Counties Title Co
Hud -- First American Title Ins Co
Countrywide Home Loans Inc $146,253 First American Title Ins Co
Lindsey Linda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Padilla Antonio R $308,000
Previous Owner Padilla Antonio R $309,294
Previous Owner Tyler Alyce $327,250
Previous Owner Mcdowell Dana $135,769
Previous Owner Paiz Marco $109,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2016 01/29/16 Sold $315,000 +5.4% $329 / Sq Ft
12/24/2015 12/24/15 Pending -- -- --
12/02/2015 12/02/15 For Sale $299,000 -- $313 / 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 $4,905 $372,889 $171,647 $201,242
2024 $4,905 $365,579 $168,282 $197,297
2023 $4,820 $358,412 $164,983 $193,429
2022 $4,527 $351,386 $161,749 $189,637
2021 $4,434 $344,497 $158,578 $185,919
2019 $4,371 $334,280 $153,875 $180,405
2018 $4,244 $327,726 $150,858 $176,868
2016 $5,304 $435,725 $294,258 $141,467
2015 $5,091 $429,181 $289,838 $139,343
2014 $5,059 $420,775 $284,161 $136,614
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN15256319

California Regional Multiple Listing Service (CRMLS)

APN: 7130-008-009