NOT LISTED FOR SALE

Estimated Value: $789,000 - $900,000

4 Beds
2 Baths
1,445 Sq Ft
$593/Sq Ft Est. Value

Last Sold January 23, 2014

Last sale price $390,000 $270 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $5,221/month

7 Days on Market

About This Home

As of January 2014

What a buy 2 units in a great area of Long Beach. 2 houses on 1 lot. Both units are remodeled. Close to schools, shopping and freeways.

Last Agent to Sell the Property

Juan Venegas

Realty One Group Homelink License #01295387 Listed on: 11/29/2013

Realty One Group Homelink

Last Buyer's Agent

Juan Venegas

Realty One Group Homelink License #01295387 Listed on: 11/29/2013

Realty One Group Homelink

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,843

Year Built

  • Built in 1943

Lot Details

  • 6,710 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,445 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 6522
  • Assessor Parcel Number 7132027017

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,843

Year Built

Built in 1943

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Property Type: Residential Income
  • Parcel Number: 7132027017
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 269.90

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6710.00
  • Lot Size Acres: 0.1540

Multi Family

  • Lot Size Area: 6710.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 6522
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2021
Sold by
Rangel Jose Ramon and Rangel Mayra Alejandra
Bought by
Rangel Jose Ramon and Rangel Mayra Alejandra
Current Estimated Value
$857,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Outstanding Balance
$424,735
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$452,173

Purchase Details

Listed on
Nov 29, 2013
Closed on
Jan 17, 2014
Sold by
Crosslink Ventures Inc
Bought by
Rangel Jose Ramon and Rangel Mayra Alejandra
Seller's Agent
Juan Venegas
Realty One Group Homelink
Buyer's Agent
Juan Venegas
Realty One Group Homelink
List Price
$380,000
Sold Price
$390,000
Premium/Discount to List
$10,000
2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$382,936
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
May 3, 2013
Closed on
Aug 19, 2013
Sold by
Gruspe Evelyn F
Bought by
Crosslink Ventures Inc
Seller's Agent
Juan Venegas
Realty One Group Homelink
Buyer's Agent
Judy Sharp
Judy Sharp, Broker
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
282.51%
Original Mortgage
$165,000
Interest Rate
4.51%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rangel Jose Ramon -- Ticor Title Oc
Rangel Jose Ramon $390,000 North American Title Company
Crosslink Ventures Inc $220,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rangel Jose Ramon $472,500
Closed Rangel Jose Ramon $382,936
Previous Owner Crosslink Ventures Inc $165,000
Previous Owner Gruspe Evelyn F $100,000
Previous Owner Gruspe Evelyn F $25,000
Previous Owner Gruspe Evelyn F $339,000
Previous Owner Gruspe Evelyn F $257,000
Previous Owner Gruspe Evelyn F $544,185
Previous Owner Gruspe Evelyn F $185,000
Previous Owner Gruspe Evelyn F $10,000
Previous Owner Gruspe Evelyn F $157,500
Previous Owner Gruspe Evelyn F $131,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2014 01/23/14 Sold $390,000 +2.6% $270 / Sq Ft
12/06/2013 12/06/13 Pending -- -- --
11/29/2013 11/29/13 For Sale $380,000 +68.9% $263 / Sq Ft
08/27/2013 08/27/13 Sold $225,000 0.0% $156 / Sq Ft
04/29/2013 04/29/13 Pending -- -- --
04/05/2013 04/05/13 For Sale $225,000 -- $156 / 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 $7,843 $593,525 $357,453 $236,072
2024 $7,843 $581,889 $350,445 $231,444
2023 $7,593 $570,480 $343,574 $226,906
2022 $7,133 $559,295 $336,838 $222,457
2021 $5,721 $441,668 $260,472 $181,196
2020 $5,706 $437,461 $257,802 $179,659
2019 $5,641 $428,891 $252,748 $176,143
2018 $5,412 $420,489 $247,793 $172,696
2016 $4,980 $403,856 $238,172 $165,684
2015 $4,782 $397,791 $234,595 $163,196
2014 $3,334 $265,000 $150,000 $115,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13239797

California Regional Multiple Listing Service (CRMLS)

APN: 7132-027-017