NOT LISTED FOR SALE

Estimated Value: $763,000 - $974,000

4 Beds
3 Baths
1,943 Sq Ft
$443/Sq Ft Est. Value

Last Sold April 01, 2014

Last sale price $405,000 $208 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $5,211/month

11 Days on Market

About This Home

As of April 2014

$$$$$$$$ First Time Home Buyers or Investors, quit throwing your money on Rent and have your neighbors pay your mortgage. Property will not last long. 3 separate Units and 1 detached garage. Up for sale, just Minutes from the world famous Queen Mary, and home of the Long Beach Grand Prix.

Last Agent to Sell the Property

LUIS CORTEZ

COMPLETE HOME REALTY License #01858363 Listed on: 01/09/2014

Last Buyer's Agent

Mario Gonzalez

One Way Realty License #01340377

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,711

Year Built

  • Built in 1955

Lot Details

  • 5,768 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • 1,943 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 5470
  • Assessor Parcel Number 7127021013

Community Details

Overview

  • 4 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,000
  • Insurance Expense $720
  • Trash Expense $1,000
  • Water Sewer Expense $1,500
  • New Taxes Expense $5,040
  • Gross Income $40,800
  • Net Operating Income $39,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,711

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: Owner
  • Other Phone Number: 951-378-0854
  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 1500.00
  • Property Type: Residential Income
  • Parcel Number: 7127021013
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 208.44

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1000.00

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 5768.00
  • Lot Size Acres: 0.1320

Multi Family

  • Electric Expense: 1000.00
  • Gross Income: 40800.00
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 720.00
  • Lot Size Area: 5768.0000 Square Feet
  • Net Operating Income: 39000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 1800.00
  • Rent Control: No
  • Total Actual Rent: 3400.00

Tax Info

  • New Taxes Expense: 5040.00
  • Tax Lot: 13
  • Tax Tract Number: 5470
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2014
Closed on
Mar 20, 2014
Sold by
Jauregui Joel and Jauregui Elvia
Bought by
Aragundi Alexander
Seller's Agent
LUIS CORTEZ
COMPLETE HOME REALTY
Buyer's Agent
Mario Gonzalez
One Way Realty
List Price
$420,000
Sold Price
$405,000
Premium/Discount to List
-$15,000
-3.57%
Current Estimated Value
$860,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,420
Avg. Annual Appreciation
6.67%
Original Mortgage
$397,664
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 19, 1994
Sold by
Jauregui Joel and Jauregui Elvia
Bought by
Jauregui Joel and Jauregui Elvia
Source: Public Records

Range of Values:

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Average Value
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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
Aragundi Alexander $405,000 Chicago Title Company
Jauregui Joel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aragundi Alexander $95,000
Open Aragundi Alexander $530,000
Closed Aragundi Alexander $491,250
Closed Aragundi Alexander $491,250
Closed Aragondi Alexander $426,332
Closed Aragundi Alexander $393,675
Closed Aragundi Alexander $395,956
Closed Aragundi Alexander $397,664
Previous Owner Jauregui Joel $233,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2014 04/01/14 Sold $405,000 -3.6% $208 / Sq Ft
01/20/2014 01/20/14 Pending -- -- --
01/09/2014 01/09/14 For Sale $420,000 -- $216 / 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 $6,711 $496,462 $245,166 $251,296
2024 $6,711 $486,728 $240,359 $246,369
2023 $6,596 $477,186 $235,647 $241,539
2022 $6,204 $467,830 $231,027 $236,803
2021 $6,073 $458,658 $226,498 $232,160
2020 $6,057 $453,956 $224,176 $229,780
2019 $5,987 $445,056 $219,781 $225,275
2018 $5,748 $436,330 $215,472 $220,858
2016 $5,290 $419,389 $207,106 $212,283
2015 $5,083 $413,091 $203,996 $209,095
2014 $3,397 $258,792 $90,502 $168,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14005408

California Regional Multiple Listing Service (CRMLS)

APN: 7127-021-013