Seller's Agent in 2021
Barbara Betts
The RECollective
(562) 208-1582
1 in this area
64 Total Sales
525 Olive Ave Long Beach, CA 90802
East Village NeighborhoodEstimated Value: $661,000 - $749,000
2
Beds
2
Baths
1,120
Sq Ft
$627/Sq Ft
Est. Value
Highlights
- 0.06 Acre Lot
- Laundry Room
- Wall Furnace
- Long Beach Polytechnic High School Rated A
About This Home
As of February 2021Great Investment Opportunity in Downtown Long Beach. Duplex with Two- One Bedroom, One Bath Units. Currently rented with market rents. Exterior is recently painted with front entry porches for each unit. One unit has been recently painted, has hardwood flooring with built in cabinetry, remodeled bathroom, and washer and dryer hookups (as shown in pictures)
Last Agent to Sell the Property
The RECollective License #01391934 Listed on: 10/28/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,506
Year Built
- Built in 1912
Lot Details
- 2,408 Sq Ft Lot
- Property fronts an alley
- 1 Common Wall
- Density is up to 1 Unit/Acre
Home Design
- 1,120 Sq Ft Home
- Duplex
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Parking
- 2 Open Parking Spaces
- 3 Parking Spaces
Additional Features
- Suburban Location
- Wall Furnace
Community Details
- 2 Units
- Downtown Subdivision
Listing and Financial Details
- Legal Lot and Block 15 / 50
- Tax Tract Number 50
- Assessor Parcel Number 7281003011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 3, 2020
Sold by
Blg Property Management Llc
Bought by
Faried George and Girgis Mariem
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
2.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 12, 2016
Closed on
Sep 21, 2016
Sold by
Fisher William Charles
Bought by
Blg Property Management Llc
Seller's Agent
Theresa Fisher
The Property Store Inc.
Buyer's Agent
Theresa Fisher
The Property Store Inc.
List Price
$399,900
Sold Price
$380,000
Premium/Discount to List
-$19,900
-4.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
Purchase Details
Closed on
Oct 19, 2015
Sold by
Fisher William C
Bought by
Fisher Family Fun Trust
Purchase Details
Closed on
Oct 19, 2005
Sold by
Hunter Homes Inc
Bought by
Fisher William C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,520
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 16, 2003
Sold by
Brandt Lawrence J and The Alma R Brandt Living Trust
Bought by
Booth Eddie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 22, 2002
Sold by
The Alma R Brandt Living Trust
Bought by
Brandt Lawrence J
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 |
|---|---|---|---|
| Faried George | $540,000 | First American Title | |
| Blg Property Management Llc | $380,000 | Lawyers Title Company | |
| Fisher Family Fun Trust | -- | None Available | |
| Fisher William C | -- | None Available | |
| Fisher William C | $399,500 | North American Title Co | |
| Hunter Homes Inc | -- | North American Title Co | |
| Booth Eddie | $190,000 | Natc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Faried George | $285,000 | |
| Previous Owner | Fisher William C | $620,000 | |
| Previous Owner | Fisher William C | $319,520 | |
| Previous Owner | Booth Eddie | $34,000 | |
| Previous Owner | Booth Eddie | $221,000 | |
| Previous Owner | Booth Eddie | $152,000 | |
| Closed | Booth Eddie | $19,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/03/2021 02/03/21 | Sold | $540,000 | 0.0% | $482 / Sq Ft |
| 10/30/2020 10/30/20 | Pending | -- | -- | -- |
| 10/28/2020 10/28/20 | For Sale | $540,000 | +42.1% | $482 / Sq Ft |
| 09/30/2016 09/30/16 | Sold | $380,000 | -5.0% | $339 / Sq Ft |
| 09/16/2016 09/16/16 | Pending | -- | -- | -- |
| 09/12/2016 09/12/16 | For Sale | $399,900 | -- | $357 / 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 | $7,506 | $584,512 | $411,324 | $173,188 |
| 2024 | $7,506 | $573,052 | $403,259 | $169,793 |
| 2023 | $7,379 | $561,816 | $395,352 | $166,464 |
| 2022 | $6,926 | $550,800 | $387,600 | $163,200 |
| 2021 | $5,210 | $407,435 | $289,494 | $117,941 |
| 2020 | $5,197 | $403,258 | $286,526 | $116,732 |
| 2019 | $5,136 | $395,352 | $280,908 | $114,444 |
| 2018 | $4,977 | $387,600 | $275,400 | $112,200 |
| 2016 | $3,974 | $320,000 | $240,000 | $80,000 |
| 2015 | $3,083 | $250,000 | $187,500 | $62,500 |
| 2014 | $2,783 | $220,000 | $165,000 | $55,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2021
Harold Betts
The RECollective
(562) 209-4169
1 in this area
111 Total Sales
-
Buyer's Agent in 2021
Sally Abdelshahed
California Prime Realty
(626) 566-4506
1 in this area
37 Total Sales
-
T
Seller's Agent in 2016
Theresa Fisher
The Property Store Inc.
(714) 931-3851
11 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20227540
APN: 7281-003-011
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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