NOT LISTED FOR SALE

Estimated Value: $1,730,000 - $2,145,000

7 Beds
5 Baths
4,838 Sq Ft
$389/Sq Ft Est. Value

Last Sold October 21, 2016

Last sale price $1,150,000 $238 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $11,299/month

3 Days on Market

Highlights

  • Laundry Room
  • Central Heating
  • Front Yard
  • Woodrow Wilson High School Rated A

About This Home

As of October 2016

Excellent opportunity to own an investment property in the Rose Park Neighborhood of Long Beach. Rose Park is one of Long Beach's coveted rental neighborhoods offering prospective tenants reasonable rent and proximity to some of the area's most alluring attractions. Blocks to the beach and a short walk to the 4th St Vintage Shopping and Dining District, 520 Temple will very rarely be vacant. 520 Temple's Units are comprised of 1 Unit@ 3bed 2bath, 2 Units@ 2bed 2bath & 1 Unit@ 2bed 1bath. Whether you plan to purchase this property as an investment or live here without paying your own mortgage you can not go wrong. Drive by only! Tenants are not aware of sale. Do Not Walk The Property or Disturb Tenants!

Last Agent to Sell the Property

Stewart Baxter

Compass License #01890216 Listed on: 09/01/2016

Compass

Last Buyer's Agent

Ross Gagnon

Coldwell Banker Realty License #01402317

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 7,501 Sq Ft Lot
  • No Common Walls
  • Sprinkler System
  • Front Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Shared Driveway
  • Unassigned Parking

Interior Spaces

  • 4,838 Sq Ft Home
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Location

  • Urban Location

Utilities

  • Central Heating
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for gas
  • Tax Lot 3, 4
  • Tax Tract Number 576802
  • Assessor Parcel Number 7257007004

Community Details

Building Details

  • 4 Separate Gas Meters
  • Electric Expense $636
  • Insurance Expense $4,020
  • Trash Expense $876
  • Water Sewer Expense $1,140
  • New Taxes Expense $14,375
  • Gross Income $6,160
  • Net Operating Income $53,233

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1140.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7257007004
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 237.70

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Asphalt, Shared Driveway, Unassigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Fireplace(s), Wall Furnace
  • Laundry Features: Community
  • Trash Expense: 876.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Sprinkler System
  • Lot Size Sq Ft: 7501.00
  • Price Per Lot Square Foot: 153.31

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Electric Expense: 636.00
  • Gross Income: 6160.00
  • Gross Scheduled Income: 74280.00
  • Insurance Expense: 4020.00
  • Laundry Equipment Own Lease: Lease
  • Net Operating Income: 53233.00
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 3
  • Operating Expense: 21047.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 14375.00
  • Tax Lot: 3, 4
  • Tax Tract Number: 576802

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2016
Closed on
Sep 9, 2016
Sold by
Green Leon
Bought by
Jones Ryan E and Jones Kendra
Seller's Agent
Stewart Baxter
Compass
Buyer's Agent
Ross Gagnon
Coldwell Banker Realty
List Price
$1,150,000
Sold Price
$1,150,000
Current Estimated Value
$1,881,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$731,458
Avg. Annual Appreciation
5.52%
Original Mortgage
$862,500
Outstanding Balance
$398,957
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$1,482,501

Purchase Details

Closed on
Sep 12, 2000
Sold by
Sanders Rickie U
Bought by
Green Leon and Green Karen Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
7.89%

Purchase Details

Closed on
Jul 22, 1997
Sold by
Mineccia Domenic
Bought by
Sanders Rickie U and Sanders Rickie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,913
Interest Rate
7.58%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jones Ryan E $1,150,000 First American Title Company
Green Leon $450,000 Fidelity Title
Sanders Rickie U $327,000 California Counties Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Ryan E $862,500
Previous Owner Green Leon $405,000
Previous Owner Sanders Rickie U $311,913
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2016 10/21/16 Sold $1,150,000 0.0% $238 / Sq Ft
09/04/2016 09/04/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $1,150,000 -- $238 / 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 $17,295 $1,334,670 $580,292 $754,378
2024 $17,295 $1,308,501 $568,914 $739,587
2023 $17,007 $1,282,845 $557,759 $725,086
2022 $15,973 $1,257,692 $546,823 $710,869
2021 $15,646 $1,233,032 $536,101 $696,931
2019 $15,424 $1,196,910 $520,200 $676,710
2018 $14,943 $1,173,450 $510,000 $663,450
2016 $7,318 $572,792 $292,761 $280,031
2015 $7,035 $564,189 $288,364 $275,825
2014 $7,002 $553,138 $282,716 $270,422
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16193035

California Regional Multiple Listing Service (CRMLS)

APN: 7257-007-004