520 E 17th St Long Beach, CA 90813
Central NeighborhoodEstimated Value: $1,231,817 - $1,415,000
1
Bed
1
Bath
4,720
Sq Ft
$280/Sq Ft
Est. Value
About This Home
As of July 2013The property offers an investor the opportunity to purchase a building offering large units with garages and a central courtyard area.
Last Agent to Sell the Property
Morgan Skenderian License #01314304 Listed on: 04/30/2013
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,179
Year Built
- Built in 1923
Lot Details
- 6,143 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 5 Car Garage
Home Design
- 4,720 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 11
- Assessor Parcel Number 7269033008
Community Details
Overview
- 6 Units
Building Details
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $600
- Insurance Expense $1,500
- Maintenance Expense $4,500
- Other Expense $500
- Pest Control $300
- Trash Expense $919
- Water Sewer Expense $919
- New Taxes Expense $8,350
- Gross Income $5,350
- Net Operating Income $43,402
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2013
Closed on
May 31, 2013
Sold by
Dha Opportunity 1 Lp
Bought by
Noltensmeier Richard A and Noltensmeier Jane E
Seller's Agent
Doug Rodermund
Morgan Skenderian
Buyer's Agent
Doug Rodermund
Morgan Skenderian
List Price
$640,000
Sold Price
$600,000
Premium/Discount to List
-$40,000
-6.25%
Total Days on Market
83
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
$723,409
Avg. Annual Appreciation
6.88%
Original Mortgage
$450,000
Interest Rate
3.57%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 15, 2011
Sold by
520 E 17Th 330150325 Llc
Bought by
Dha Opportunity 1 Lp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.84%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 15, 2010
Sold by
Pedersen Dennis and Haddad Omar
Bought by
520 E 17Th 330150325 Llc
Purchase Details
Closed on
Mar 9, 2006
Sold by
Knudtson Ronald Gene and Knudtson Blanche Louise
Bought by
Haddad Omar and Pedersen Dennis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,500
Interest Rate
6.57%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 5, 1996
Sold by
Arnold Emily H Revocable Trust
Bought by
Knudtson Ronald Gene and Knudtson Blanche Louis
Purchase Details
Closed on
Jul 19, 1995
Sold by
Arnold Emily Hartmann
Bought by
Livin Knudtson Ronald and Livin Emily Hartmann Revocable
Purchase Details
Closed on
Jul 14, 1995
Sold by
Hartmann Loraine M
Bought by
Arnold Emily Hartmann
Purchase Details
Closed on
Jul 7, 1995
Sold by
Arnold Emily Hartmann
Bought by
Revocabl Knudtson Ronald and Revocabl Emily Hartmann Arnold
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 |
|---|---|---|---|
| Noltensmeier Richard A | $600,000 | Orange Coast Title | |
| Dha Opportunity 1 Lp | $335,000 | Advantage Title Inc | |
| 520 E 17Th 330150325 Llc | $425,000 | None Available | |
| Haddad Omar | -- | Commonwealth Title | |
| Knudtson Ronald Gene | -- | -- | |
| Livin Knudtson Ronald | -- | -- | |
| Arnold Emily Hartmann | -- | -- | |
| Revocabl Knudtson Ronald | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Noltensmeier Richard A | $450,000 | |
| Previous Owner | Dha Opportunity 1 Lp | $350,000 | |
| Previous Owner | Pederson Dennis | $141,312 | |
| Previous Owner | Pedersen Dennis | $26,500 | |
| Previous Owner | Pedersen Dennis | $100,000 | |
| Previous Owner | Haddad Omar | $62,500 | |
| Previous Owner | Haddad Omar | $436,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2013 07/12/13 | Sold | $600,000 | -6.3% | $127 / Sq Ft |
| 05/14/2013 05/14/13 | Pending | -- | -- | -- |
| 02/20/2013 02/20/13 | For Sale | $640,000 | -- | $136 / 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 | $10,179 | $721,083 | $240,359 | $480,724 |
| 2023 | $10,001 | $706,946 | $235,647 | $471,299 |
| 2022 | $9,408 | $693,085 | $231,027 | $462,058 |
| 2021 | $9,192 | $679,497 | $226,498 | $452,999 |
| 2019 | $9,060 | $659,345 | $219,781 | $439,564 |
| 2018 | $8,774 | $646,418 | $215,472 | $430,946 |
| 2016 | $8,062 | $621,319 | $207,106 | $414,213 |
| 2015 | $7,752 | $611,988 | $203,996 | $407,992 |
| 2014 | $7,724 | $600,000 | $200,000 | $400,000 |
Source: Public Records
Agents Affiliated with this Home
-
Doug Rodermund
Seller's Agent in 2013
Doug Rodermund
Morgan Skenderian
(949) 295-8560
18 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW13027346
APN: 7269-033-008
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