NOT LISTED FOR SALE

Estimated Value: $759,000 - $772,000

4 Beds
2 Baths
1,647 Sq Ft
$465/Sq Ft Est. Value

Last Sold April 28, 2014

Last sale price $268,000 $163 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $4,500/month

Highlights

  • No HOA
  • Long Beach Polytechnic High School Rated A
  • 1-Story Property

About This Home

As of April 2014

This home is located at 531 E Hill St, Long Beach, CA 90806 since 18 June 2013 and is currently estimated at $766,475, approximately $465 per square foot. This property was built in 1914. 531 E Hill St is a home located in Los Angeles County with nearby schools including Bobbie Smith Elementary, Nelson Academy, and Long Beach Polytechnic High School.

Last Agent to Sell the Property

Linh Duc Pham

First Services License #00853731 Listed on: 06/18/2013

Last Buyer's Agent

Bill Chhay

First Services License #01134626

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 5,827 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 1,647 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 5732
  • Assessor Parcel Number 7208020015

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,500
  • Insurance Expense $1,200
  • Trash Expense $650
  • Water Sewer Expense $1,150
  • New Taxes Expense $3,350

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1150.00
  • Property Type: Residential Income
  • Parcel Number: 7208020015
  • Year Built: 1914
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 162.72

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 650.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5827.00
  • Lot Size Acres: 0.1340

Multi Family

  • Electric Expense: 1500.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5827.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3350.00
  • Taxes Percent: 1.25
  • Tax Lot: 15
  • Tax Tract Number: 5732
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2003
Sold by
Castellanos Martha and Castellanos Rosario
Bought by
Thai Piah
Current Estimated Value
$766,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 1995
Sold by
Martinez Carlos Antonio and Martinez Gladys M
Bought by
Castellanos Martha and Castellanos Rosario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,849
Interest Rate
8.43%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thai Piah $315,000 Fatcola
Castellanos Martha $143,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thai Piah $252,000
Previous Owner Castellanos Martha $140,849
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2014 04/28/14 Sold $268,000 +3.5% $163 / Sq Ft
06/18/2013 06/18/13 For Sale $259,000 -- $157 / Sq Ft
06/01/2013 06/01/13 Pending -- -- --
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 $5,957 $447,842 $341,219 $106,623
2024 $5,957 $439,062 $334,529 $104,533
2023 $5,857 $430,454 $327,970 $102,484
2022 $5,507 $422,015 $321,540 $100,475
2021 $5,393 $413,741 $315,236 $98,505
2020 $5,379 $409,499 $312,004 $97,495
2019 $5,317 $401,471 $305,887 $95,584
2018 $5,096 $393,600 $299,890 $93,710
2016 $4,686 $378,318 $288,246 $90,072
2015 $4,501 $372,637 $283,917 $88,720
2014 $4,476 $365,339 $278,356 $86,983
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13116775

California Regional Multiple Listing Service (CRMLS)

APN: 7208-020-015