NOT LISTED FOR SALE

Estimated Value: $688,000 - $777,000

3 Beds
2 Baths
1,455 Sq Ft
$506/Sq Ft Est. Value

Last Sold October 09, 2014

Last sale price $352,000 $242 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $4,319/month

46 Days on Market

About This Home

As of October 2014

Back on the market!!!! Great opportunity investment in Long Beach. First unit 2 bedrooms 1 bath 2 car garage. Second unit 1 bed room 1 bath 1 car garage all detached.

Last Agent to Sell the Property

Guillermo Garcia

Nexgen Realtors License #01829845 Listed on: 07/27/2014

Nexgen Realtors

Last Buyer's Agent

Channy Chor

JohnHart Real Estate License #01836138

JohnHart Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 5,605 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 3 Car Garage

Home Design

  • 1,455 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 5992
  • Assessor Parcel Number 7126026025

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,080
  • Insurance Expense $750
  • Trash Expense $420
  • Water Sewer Expense $600
  • New Taxes Expense $3,795
  • Gross Income $2,500
  • Net Operating Income $22,455

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 600.00
  • Property Type: Residential Income
  • Parcel Number: 7126026025
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 241.92

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 420.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5605.00
  • Lot Size Acres: 0.1290

Multi Family

  • Electric Expense: 1080.00
  • Gross Income: 2500.00
  • Gross Scheduled Income: 30000.00
  • Insurance Expense: 750.00
  • Lot Size Area: 5605.0000 Square Feet
  • Net Operating Income: 22455.00
  • 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: 7545.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3795.00
  • Tax Lot: 35
  • Tax Tract Number: 5992
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2019
Sold by
Heng Kesey
Bought by
Heng Kesey and Kesey Heng Living Trust
Current Estimated Value
$735,822

Purchase Details

Listed on
Jul 27, 2014
Closed on
Sep 24, 2014
Sold by
Kat Parnna
Bought by
Heng Kesey
Seller's Agent
Guillermo Garcia
Nexgen Realtors
Buyer's Agent
Channy Chor
JohnHart Real Estate
List Price
$345,000
Sold Price
$352,000
Premium/Discount to List
$7,000
2.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$250,000
Outstanding Balance
$190,895
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$544,927

Purchase Details

Listed on
Jul 27, 2014
Closed on
Aug 15, 2014
Sold by
Gonzalez Maricela
Bought by
Hang Kesey
Seller's Agent
Guillermo Garcia
Nexgen Realtors
Buyer's Agent
Channy Chor
JohnHart Real Estate
List Price
$345,000
Sold Price
$352,000
Premium/Discount to List
$7,000
2.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$190,895
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$544,927

Purchase Details

Closed on
Jul 25, 2003
Sold by
Ramirez Beatriz
Bought by
Ramirez Agustin

Purchase Details

Closed on
Apr 3, 2003
Sold by
Huerta Delfino C and Ramirez Agustin
Bought by
Gonzalez Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,050
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2002
Sold by
Ramirez Leonel
Bought by
Huerta Delfino C and Ramirez Agustin

Purchase Details

Closed on
Apr 24, 1997
Sold by
Broumand Andy H
Bought by
Ramirez Leonel and Huerta Delfino C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,227
Interest Rate
8.15%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 14, 1997
Sold by
Va
Bought by
Broumand Andy H

Purchase Details

Closed on
Oct 25, 1996
Sold by
Norwest Mtg Inc
Bought by
Va
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
Heng Kesey -- None Available
Heng Kesey -- Lawyers Title Company
Hang Kesey $352,000 Lawyers Title
Ramirez Agustin -- Ticor Title Co
Huerta Delfino C -- Ticor Title Co
Gonzalez Maricela $259,000 Ticor
Huerta Delfino C -- --
Ramirez Leonel $154,000 Fidelity National Title
Huerta Delfino C -- Fidelity National Title Ins
Broumand Andy H $109,000 Fidelity National Title Ins
Va -- First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heng Kesey $250,000
Previous Owner Gonzalez Maricela $246,050
Previous Owner Ramirez Leonel $151,227
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2014 10/09/14 Sold $352,000 +2.0% $242 / Sq Ft
08/11/2014 08/11/14 Pending -- -- --
06/26/2014 06/26/14 For Sale $345,000 -- $237 / 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 $5,553 $423,044 $240,367 $182,677
2024 $5,553 $414,750 $235,654 $179,096
2023 $5,457 $406,619 $231,034 $175,585
2022 $5,130 $398,647 $226,504 $172,143
2021 $5,023 $390,831 $222,063 $168,768
2020 $5,009 $386,825 $219,787 $167,038
2019 $4,950 $379,241 $215,478 $163,763
2018 $4,737 $371,805 $211,253 $160,552
2016 $4,355 $357,368 $203,050 $154,318
2015 $4,181 $352,000 $200,000 $152,000
2014 $3,729 $300,389 $197,169 $103,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14134393

California Regional Multiple Listing Service (CRMLS)

APN: 7126-026-025