503 E 16th St Long Beach, CA 90813
Central NeighborhoodEstimated Value: $1,389,000 - $1,840,000
13
Beds
7
Baths
5,304
Sq Ft
$315/Sq Ft
Est. Value
Highlights
- Corner Lot
- No HOA
- Laundry Room
- Long Beach Polytechnic High School Rated A
About This Home
As of July 2019Drive by only! Excellent Set up: 130ft frontage and 50ft dep easy for cars parking single family home on the left with 5 bedrooms 2.5 baths, center building is the 2 car garages with storage on top which is rented for additional income, third building on the right is the 3 units consist of 4 bedroom 2 baths on top and 2 - 2bedroom 1 bath each on the bottom.
Last Agent to Sell the Property
First American Team Realty Inc License #01273285 Listed on: 03/21/2019
Last Buyer's Agent
First American Team Realty Inc License #01273285 Listed on: 03/21/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,373
Year Built
- Built in 1919
Lot Details
- 6,742 Sq Ft Lot
- Two or More Common Walls
- Corner Lot
Parking
- 4 Open Parking Spaces
- 2 Car Garage
Home Design
- Quadruplex
Interior Spaces
- 5,304 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 13 Bedrooms
- 7 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 10
- Tax Tract Number 10
- Assessor Parcel Number 7269033007
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,000
- Trash Expense $1,200
- Water Sewer Expense $1,200
- New Taxes Expense $26,250
- Operating Expense $31,650
- Gross Income $91,164
- Net Operating Income $80,924
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 21, 2019
Closed on
Jun 25, 2019
Sold by
Sok Vanessa Maleta
Bought by
Nhep Khim
Seller's Agent
Steve Vong
First American Team Realty Inc
Buyer's Agent
Steve Vong
First American Team Realty Inc
List Price
$1,250,000
Sold Price
$1,150,000
Premium/Discount to List
-$100,000
-8%
Total Days on Market
62
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$519,662
Avg. Annual Appreciation
6.44%
Original Mortgage
$862,500
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 21, 2019
Closed on
May 28, 2019
Sold by
Som Sony N and Som Sony N
Bought by
Sarin Sophea and Nhep Khim
Seller's Agent
Steve Vong
First American Team Realty Inc
Buyer's Agent
Steve Vong
First American Team Realty Inc
List Price
$1,250,000
Sold Price
$1,150,000
Premium/Discount to List
-$100,000
-8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 12, 2012
Sold by
Som Vothy C and Som Sony N
Bought by
Som Sony N and The Som Family Trust
Purchase Details
Closed on
Oct 11, 2012
Sold by
Som Vothy C
Bought by
Som Sony N
Purchase Details
Closed on
Nov 6, 2009
Sold by
Som Sopady
Bought by
Som Vothy C and Som Sony N
Purchase Details
Closed on
Dec 3, 2002
Sold by
Hud
Bought by
Som Sopady
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.83%
Purchase Details
Closed on
Aug 28, 2002
Sold by
Bank Of America Na
Bought by
Hud
Purchase Details
Closed on
Oct 2, 2001
Sold by
Woods Kywanna and Woods Kolanna Faye
Bought by
Bank Of America Na
Purchase Details
Closed on
Mar 28, 2001
Sold by
Woods Kywanna and Woods Kolanna Faye
Bought by
Salgado Eugenio
Purchase Details
Closed on
Aug 19, 1999
Sold by
Tnj Investments Inc
Bought by
Woods Kywanna and Woods Kolanna Faye
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,714
Interest Rate
7.56%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 13, 1999
Sold by
Sriratanaprapat Atikom
Bought by
Tnj Investments Inc
Purchase Details
Closed on
Sep 24, 1998
Sold by
Epperly Darin L
Bought by
Sriratanaprapat Atikom
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.71%
Purchase Details
Closed on
Dec 29, 1995
Sold by
Epperly Esperanza
Bought by
Epperly Darin L
Purchase Details
Closed on
Nov 2, 1995
Sold by
Salcido Henry and Salcido Kathryn A
Bought by
Epperly Darin L
Similar Homes in Long Beach, CA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nhep Khim | -- | Chicago Title Company | |
| Sarin Sophea | $1,150,000 | Chicago Title Company | |
| Som Sony N | -- | None Available | |
| Som Vothy C | -- | None Available | |
| Som Sopady | $356,000 | Nations | |
| Som Sopady | -- | Nations | |
| Hud | -- | First American Title Ins Co | |
| Bank Of America Na | $372,075 | First American Title Ins Co | |
| Salgado Eugenio | -- | -- | |
| Woods Kywanna | $330,000 | Benefit Land Title Company | |
| Tnj Investments Inc | -- | -- | |
| Sriratanaprapat Atikom | $175,000 | Fidelity National Title Co | |
| Sriratanaprapat Atikom | -- | Fidelity National Title Co | |
| Epperly Darin L | -- | Fidelity Title | |
| Epperly Darin L | -- | Fidelity Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Sarin Sophea | $862,500 | |
| Previous Owner | Som Sopady | $490,000 | |
| Previous Owner | Som Sopady | $200,000 | |
| Previous Owner | Woods Kywanna | $324,714 | |
| Previous Owner | Sriratanaprapat Atikom | $216,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2019 07/16/19 | Sold | $1,150,000 | -8.0% | $217 / Sq Ft |
| 05/22/2019 05/22/19 | Pending | -- | -- | -- |
| 03/21/2019 03/21/19 | For Sale | $1,250,000 | -- | $236 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $16,373 | $1,233,029 | $643,320 | $589,709 |
| 2023 | $16,101 | $1,208,853 | $630,706 | $578,147 |
| 2022 | $15,125 | $1,185,151 | $618,340 | $566,811 |
| 2021 | $14,810 | $1,161,914 | $606,216 | $555,698 |
| 2020 | $14,770 | $1,150,000 | $600,000 | $550,000 |
| 2019 | $6,550 | $462,201 | $275,247 | $186,954 |
| 2018 | $6,267 | $453,139 | $269,850 | $183,289 |
| 2017 | $6,202 | $444,255 | $264,559 | $179,696 |
| 2016 | $5,739 | $435,545 | $259,372 | $176,173 |
| 2015 | $5,522 | $429,003 | $255,476 | $173,527 |
| 2014 | $5,502 | $420,600 | $250,472 | $170,128 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Vong
Seller's Agent in 2019
Steve Vong
First American Team Realty Inc
(562) 209-2927
1 in this area
20 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW19064780
APN: 7269-033-007
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