T
Seller's Agent in 2020
Toni Joseph
Keller Williams Pacific Estate
5245 E Carson St Long Beach, CA 90808
Lakewood VIllage NeighborhoodEstimated Value: $1,712,000 - $1,906,000
6
Beds
4
Baths
3,561
Sq Ft
$508/Sq Ft
Est. Value
Highlights
- Property is near a park
- Traditional Architecture
- Double Pane Windows
- Mark Twain Elementary School Rated A-
- Bay Window
- Park
About This Home
As of April 2020This lovely 4-unit building is located in Lakewood Village, where units rarely go on the market. The property offers 2-2bd & 2-1bd spacious units with a duplex feeling. All units have front & back doors for easy access to laundry and 4 single car garages. Units have hardwood floors, dual pane windows, porches, and are separately metered. Grounds are well maintained, with auto sprinklers. The property overlooks Heartwell Park which offers, walking/jogging/biking trails/fitness course, duck pond and community library. Nearby shops/stores/restaurants and just minutes from CSULB and walking distance to LB City College. The property owners have not increased a single rent in more than 13 years. This was done to keep good quality tenants. A great opportunity for an investor and/or owner-user, living in beautiful Lakewood Village. Welcome Home!
Last Agent to Sell the Property
Toni Joseph
Keller Williams Pacific Estate License #00595738 Listed on: 02/14/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,598
Year Built
- Built in 1946
Lot Details
- 7,919 Sq Ft Lot
- Two or More Common Walls
- South Facing Home
Parking
- 4 Car Garage
- Rear-Facing Garage
- On-Street Parking
- Assigned Parking
Home Design
- Traditional Architecture
- Quadruplex
- Turnkey
- Raised Foundation
Interior Spaces
- 3,561 Sq Ft Home
- Double Pane Windows
- Blinds
- Bay Window
- Window Screens
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
Location
- Property is near a park
- Property is near public transit
- Urban Location
Listing and Financial Details
- Legal Lot and Block 31 / C
- Tax Tract Number 11425
- Assessor Parcel Number 7183014025
Community Details
Recreation
- Park
- Dog Park
- Bike Trail
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,450
- Insurance Expense $1,551
- Maintenance Expense $3,050
- Other Expense $590
- Professional Management Expense $6,160
- Supplies Expense $290
- Water Sewer Expense $1,275
- New Taxes Expense $15,600
- Operating Expense $14,896
- Gross Income $582
- Net Operating Income $52,373
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 14, 2020
Closed on
Mar 10, 2020
Sold by
Frasca Roger L and Frasca Joyce K
Bought by
Kimble Elijah
Seller's Agent
Toni Joseph
Keller Williams Pacific Estate
Buyer's Agent
Danny Kimble
Homequest Real Estate
List Price
$1,295,000
Sold Price
$1,250,000
Premium/Discount to List
-$45,000
-3.47%
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
$557,333
Avg. Annual Appreciation
7.00%
Original Mortgage
$1,278,750
Outstanding Balance
$1,125,972
Interest Rate
3.2%
Mortgage Type
VA
Estimated Equity
$681,361
Purchase Details
Closed on
Jun 12, 1998
Sold by
Frasca Roger L and Frasca Joyce K
Bought by
Frasca Roger L and Frasca Joyce K
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 |
|---|---|---|---|
| Kimble Elijah | $1,250,000 | Ticor Title | |
| Frasca Roger L | -- | -- | |
| Frasca Roger L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kimble Elijah | $1,278,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/16/2020 04/16/20 | Sold | $1,250,000 | -3.5% | $351 / Sq Ft |
| 02/26/2020 02/26/20 | Pending | -- | -- | -- |
| 02/14/2020 02/14/20 | For Sale | $1,295,000 | -- | $364 / 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 |
|---|---|---|---|---|
| 2025 | $17,598 | $1,367,054 | $984,280 | $382,774 |
| 2024 | $17,598 | $1,340,250 | $964,981 | $375,269 |
| 2023 | $17,304 | $1,313,971 | $946,060 | $367,911 |
| 2022 | $16,243 | $1,288,208 | $927,510 | $360,698 |
| 2021 | $15,919 | $1,262,950 | $909,324 | $353,626 |
| 2020 | $2,277 | $117,194 | $31,361 | $85,833 |
| 2019 | $2,253 | $114,897 | $30,747 | $84,150 |
| 2018 | $2,079 | $112,645 | $30,145 | $82,500 |
| 2016 | $1,899 | $108,273 | $28,975 | $79,298 |
| 2015 | $1,840 | $106,647 | $28,540 | $78,107 |
| 2014 | $1,852 | $104,558 | $27,981 | $76,577 |
Source: Public Records
Agents Affiliated with this Home
-
-
Marie Goodloe
Seller Co-Listing Agent in 2020
Marie Goodloe
Y Realty
(310) 251-0795
30 Total Sales
-
Danny Kimble
Buyer's Agent in 2020
Danny Kimble
Homequest Real Estate
(951) 588-5625
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20033885
APN: 7183-014-025
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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