NOT LISTED FOR SALE

Estimated Value: $1,182,808 - $1,434,000

9 Beds
4 Baths
3,620 Sq Ft
$374/Sq Ft Est. Value

Last Sold March 15, 2016

Last sale price $749,000 $207 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $8,014/month

6 Days on Market

Highlights

  • 0.08 Acre Lot
  • Property is near public transit
  • No HOA
  • Long Beach Polytechnic High School Rated A
  • Corner Lot

About This Home

As of March 2016

This home is located at 542 Lime Ave, Long Beach, CA 90802 since 19 January 2016 and is currently estimated at $1,355,202, approximately $374 per square foot. This property was built in 1912. 542 Lime Ave is a home located in Los Angeles County with nearby schools including Stevenson Elementary School, Franklin Middle School, and Long Beach Polytechnic High School.

Last Agent to Sell the Property

Dixie Fried

Front Door Properties License #00715271 Listed on: 01/19/2016

Co-Listed By

Tim Kadletz

Front Door Properties License #01133750

Last Buyer's Agent

David Rosenfeld

Advantage Real Estate License #01109090

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 3,642 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • 3,620 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Location

  • Property is near public transit
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 4 / 50
  • Tax Tract Number 5762
  • Assessor Parcel Number 7281003002

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gross Income $5,010

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 7281003002
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 206.91

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Lot Features: 0-1 Unit/Acre, Level with Street, Paved, Corner Lot, Near Public Transit
  • Lot Size Sq Ft: 3642.00
  • Price Per Lot Square Foot: 205.66
  • Lot Size Acres: 0.0840

Multi Family

  • Gross Income: 5010.00
  • Gross Multiplier: 11.46
  • Gross Scheduled Income: 60120.00
  • Lot Size Area: 3642.0000 Square Feet
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Other Income Description: Driveway parking
  • Rent Control: No

Tax Info

  • Tax Block: 50
  • Tax Lot: 4
  • Tax Tract Number: 5762

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2016
Closed on
Feb 1, 2016
Sold by
Walter John M
Bought by
Fox Maxwell A
Seller's Agent
Dixie Fried
Front Door Properties
Buyer's Agent
David Rosenfeld
Advantage Real Estate
List Price
$689,000
Sold Price
$749,000
Premium/Discount to List
$60,000
8.71%
Current Estimated Value
$1,355,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$606,202
Avg. Annual Appreciation
6.19%
Original Mortgage
$555,000
Outstanding Balance
$439,103
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$916,099

Purchase Details

Closed on
Jun 20, 2013
Sold by
Walter John M
Bought by
Walter John M and Walter Carol A

Purchase Details

Closed on
Jul 11, 2005
Sold by
Talledo Dorian G
Bought by
Walter John M and Walter Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2003
Sold by
Mckeown Marylin
Bought by
Talledo Dorian G and Mckeown Marylin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2002
Sold by
Talledo Dorian G
Bought by
Mckeown Marylin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
4.62%

Purchase Details

Closed on
Sep 25, 2002
Sold by
English David H
Bought by
Mckeown Marylin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
4.62%

Purchase Details

Closed on
Jun 11, 1991
Sold by
English David
Bought by
English David H and English Jean J
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
Fox Maxwell A $749,000 Lawyers Title
Walter John M -- None Available
Walter John M $850,000 Ticor Title Company
Talledo Dorian G -- Ltc
Mckeown Marylin -- --
Mckeown Marylin $399,000 --
English David H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fox Maxwell A $555,000
Previous Owner Walter John M $625,000
Previous Owner Talledo Dorian G $360,000
Previous Owner Mckeown Marylin $319,200
Closed Mckeown Marylin $39,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2016 03/15/16 Sold $749,000 +8.7% $207 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
01/19/2016 01/19/16 For Sale $689,000 -- $190 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,641 $886,656 $580,056 $306,600
2024 $11,641 $869,272 $568,683 $300,589
2023 $11,443 $852,229 $557,533 $294,696
2022 $10,748 $835,519 $546,601 $288,918
2021 $10,520 $819,137 $535,884 $283,253
2019 $10,370 $795,103 $519,991 $275,112
2018 $10,084 $779,519 $509,796 $269,723
2016 $8,297 $665,000 $310,300 $354,700
2015 $8,082 $665,000 $310,300 $354,700
2014 $6,877 $550,000 $256,600 $293,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16013507

California Regional Multiple Listing Service (CRMLS)

APN: 7281-003-002