L
Seller's Agent in 2021
Lisa Encinias
Excellence RE Real Estate, Inc.
5459 Lemon Ave Long Beach, CA 90805
Lindbergh NeighborhoodEstimated Value: $774,000 - $896,000
3
Beds
2
Baths
1,320
Sq Ft
$622/Sq Ft
Est. Value
Highlights
- Lawn
- Cooling System Mounted To A Wall/Window
- Laundry Room
- No HOA
- Tile Countertops
- More Than Two Accessible Exits
About This Home
As of November 2021ADU POTENTIAL!!! Charming Income Producing Long Beach Duplex! Cozy lot with quaint front and back lawns. This cozy property has a detached garage with long driveway and all the possibility of an ADU. A rare find in North Long Beach. Maximize your profit potential and convert garage into an ADU.
Last Agent to Sell the Property
Lisa Encinias
Excellence RE Real Estate, Inc. License #02010932 Listed on: 07/30/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,961
Year Built
- Built in 1939
Lot Details
- 4,529 Sq Ft Lot
- 1 Common Wall
- Paved or Partially Paved Lot
- Lawn
- Back and Front Yard
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 1,320 Sq Ft Home
- 1-Story Property
- Laminate Flooring
- Tile Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Laundry Located Outside
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Exterior Lighting
- Shed
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Satellite Dish
Listing and Financial Details
- Legal Lot and Block 7 / G
- Tax Tract Number 8281
- Assessor Parcel Number 7127015007
Community Details
Overview
- No Home Owners Association
- 2 Units
- North Long Beach Subdivision
Recreation
- Bike Trail
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Electric Expense $1,200
- Fuel Expense $1,000
- Insurance Expense $800
- Trash Expense $1,000
- Water Sewer Expense $600
- Operating Expense $9,270
- Gross Income $39,000
- Net Operating Income $37,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 30, 2021
Closed on
Oct 1, 2021
Sold by
Cortes Raul and Valdovinos Silvia
Bought by
Lopez Jazmine
Seller's Agent
Lisa Encinias
Excellence RE Real Estate, Inc.
Buyer's Agent
Antonio Martinez
Keller Williams Pacific Estates
List Price
$695,000
Sold Price
$660,000
Premium/Discount to List
-$35,000
-5.04%
Total Days on Market
61
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
$161,284
Avg. Annual Appreciation
5.84%
Original Mortgage
$675,180
Outstanding Balance
$617,036
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$204,248
Purchase Details
Closed on
Apr 1, 2019
Sold by
Cortes Raul and Valdovinos Silvia
Bought by
Cortes Raul and Valdovinos Silvia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,900
Interest Rate
4.2%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
Jul 18, 2017
Closed on
Aug 10, 2017
Sold by
Ladino Anna Taiwo
Bought by
Cortes Raul and Valdovinos Silvia
Seller's Agent
Gerry Nicks
Keller Williams South Bay
Buyer's Agent
Melvin Ortiz
Realty Masters & Associates
List Price
$445,000
Sold Price
$470,000
Premium/Discount to List
$25,000
5.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$446,500
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 3, 2014
Closed on
Jan 6, 2015
Sold by
Koch Linda
Bought by
Ladipo Anna Taiwo
Seller's Agent
Karen Enterline
RE/MAX College Park Realty
Buyer's Agent
Victoria Akinwole
Elite Financial Group, Inc.
List Price
$399,900
Sold Price
$337,000
Premium/Discount to List
-$62,900
-15.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.37%
Original Mortgage
$330,896
Interest Rate
3.87%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 17, 2010
Sold by
Koch Linda
Bought by
Koch Linda and The Linda Koch Family Trust
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 |
|---|---|---|---|
| Lopez Jazmine | $660,000 | Lawyers Title | |
| Cortes Raul | -- | Fidelity National Title | |
| Cortes Raul | $470,000 | Provident Title Company | |
| Ladipo Anna Taiwo | $337,000 | Lawyers Title | |
| Koch Linda | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lopez Jazmine | $675,180 | |
| Previous Owner | Cortes Raul | $15,900 | |
| Previous Owner | Cortes Raul | $446,500 | |
| Previous Owner | Ladipo Anna Taiwo | $330,896 | |
| Previous Owner | Koch Thomas E | $115,000 | |
| Previous Owner | Koch Thomas E | $127,731 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/02/2021 11/02/21 | Sold | $660,000 | 0.0% | $500 / Sq Ft |
| 09/30/2021 09/30/21 | Pending | -- | -- | -- |
| 08/24/2021 08/24/21 | Price Changed | $660,000 | -5.0% | $500 / Sq Ft |
| 07/30/2021 07/30/21 | For Sale | $695,000 | +47.9% | $527 / Sq Ft |
| 09/26/2017 09/26/17 | Sold | $470,000 | -2.1% | $356 / Sq Ft |
| 07/29/2017 07/29/17 | Price Changed | $480,000 | +7.9% | $364 / Sq Ft |
| 07/28/2017 07/28/17 | Pending | -- | -- | -- |
| 07/18/2017 07/18/17 | For Sale | $445,000 | +32.0% | $337 / Sq Ft |
| 02/02/2015 02/02/15 | Sold | $337,000 | -15.7% | $255 / Sq Ft |
| 01/08/2015 01/08/15 | Pending | -- | -- | -- |
| 09/03/2014 09/03/14 | For Sale | $399,900 | -- | $303 / 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 | $8,961 | $700,397 | $424,483 | $275,914 |
| 2024 | $8,961 | $686,664 | $416,160 | $270,504 |
| 2023 | $8,811 | $673,200 | $408,000 | $265,200 |
| 2022 | $8,930 | $660,000 | $400,000 | $260,000 |
| 2021 | $6,286 | $494,053 | $252,282 | $241,771 |
| 2020 | $6,270 | $488,988 | $249,696 | $239,292 |
| 2019 | $6,197 | $479,400 | $244,800 | $234,600 |
| 2018 | $5,993 | $470,000 | $240,000 | $230,000 |
| 2016 | $4,248 | $342,139 | $159,394 | $182,745 |
| 2015 | $2,599 | $205,393 | $76,670 | $128,723 |
| 2014 | $2,590 | $201,371 | $75,169 | $126,202 |
Source: Public Records
Agents Affiliated with this Home
-
-
Antonio Martinez
Buyer's Agent in 2021
Antonio Martinez
Keller Williams Pacific Estates
(310) 259-9106
1 in this area
37 Total Sales
-
Gerry Nicks
Seller's Agent in 2017
Gerry Nicks
Keller Williams South Bay
(310) 701-5332
168 Total Sales
-
Melvin Ortiz
M
Buyer's Agent in 2017
Melvin Ortiz
Realty Masters & Associates
(562) 334-6900
38 Total Sales
-
K
Seller's Agent in 2015
Karen Enterline
RE/MAX
-
Victoria Akinwole
V
Buyer's Agent in 2015
Victoria Akinwole
Elite Financial Group, Inc.
(310) 956-1095
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW21167549
APN: 7127-015-007
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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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