J
Seller's Agent in 2019
Jill Armstrong
Jill Armstrong Broker
5551 Lemon Ave Long Beach, CA 90805
Lindbergh NeighborhoodEstimated Value: $717,000 - $787,000
2
Beds
2
Baths
1,424
Sq Ft
$525/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- Private Yard
- Double Pane Windows
- Contemporary Architecture
- 2 Car Direct Access Garage
- Cooling Available
About This Home
As of October 2019This 2 unit property has separate electric and gas meters. There is one APN (parcel#) but property is actually 2 addresses Property profiles, and tax info on multiple only shows one. The separate meters were installed with permits also. The Assessors Office County, Los Angeles has them evaluated together as two structures, one parcel. Front house built in 1938 of 866 Sq. Ft. and top unit in 1946 of 558 Sq. Ft. . The square footage according to the Assessors office of L.A. County shows a double garage and a storage room and a 558 square foot 2nd. story of the garage/store room as living quarters. Units were reno'd in 2012 & 2017. New stucco, new patio, newer fences The main house kitchen was completely redone with new sink, stove, garbage disposal, flooring, carpet etc. All new double pane windows and new blinds on windows and custom light fixtures & ceiling fans in most rooms. The bathroom has a remodeled shower and tub area. Top unit has it's own storage area below the stairs at the back of the garage, a private yard and access to the shared laundry room.Top unit parks in the street and has ingress and egress through the yard area of front house to access their unit. Great home and income or for a large family to use both units.This neighborhood is close to schools and shopping. The area has retained it's appeal throughout the years. Many remodeled homes on this street. The front house features a long driveway to detached garage. Newer roll up garage door Sharp 2 units.
Last Agent to Sell the Property
Jill Armstrong
Jill Armstrong Broker License #00459856 Listed on: 07/03/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,363
Year Built
- Built in 1938
Lot Details
- 4,387 Sq Ft Lot
- No Common Walls
- Wood Fence
- Level Lot
- Private Yard
- Lawn
- Garden
- Front Yard
- Density is 2-5 Units/Acre
Parking
- 2 Car Direct Access Garage
- 3 Open Parking Spaces
- Parking Available
- Front Facing Garage
- Two Garage Doors
- Driveway Level
Home Design
- Duplex
- Contemporary Architecture
- Traditional Architecture
- Combination Foundation
- Raised Foundation
- Mixed Roof Materials
- Composition Roof
- Plaster
- Stucco
Interior Spaces
- 1,424 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Double Pane Windows
- Blinds
- Window Screens
- Living Room
- Utility Room
- Vinyl Flooring
Kitchen
- Gas Oven
- Gas Range
- Free-Standing Range
- Tile Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- All Bedrooms Down
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Washer and Gas Dryer Hookup
Accessible Home Design
- Doors swing in
- More Than Two Accessible Exits
- Low Pile Carpeting
Outdoor Features
- Exterior Lighting
Utilities
- Cooling Available
- Wall Furnace
- Vented Exhaust Fan
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 8 / F
- Tax Tract Number 8281
- Assessor Parcel Number 7127014008
Community Details
Overview
- 2 Buildings
- 2 Units
Amenities
- Laundry Facilities
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $600
- Insurance Expense $1,094
- Water Sewer Expense $672
- New Taxes Expense $6,806
- Operating Expense $9,172
- Gross Income $38,280
- Net Operating Income $34,369
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 3, 2019
Closed on
Sep 23, 2019
Sold by
Armstrong Jill M
Bought by
Parrish Michael and Gilbert Rachel
Seller's Agent
Jill Armstrong
Jill Armstrong Broker
Buyer's Agent
Keston Barker
Choice Real Estate
List Price
$605,000
Sold Price
$600,000
Premium/Discount to List
-$5,000
-0.83%
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
$152,418
Avg. Annual Appreciation
3.84%
Original Mortgage
$600,000
Outstanding Balance
$526,788
Interest Rate
3.5%
Estimated Equity
$220,151
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 |
|---|---|---|---|
| Parrish Michael | $600,000 | Orange Coast Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Parrish Michael | $600,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2019 10/18/19 | Sold | $600,000 | +0.8% | $421 / Sq Ft |
| 08/28/2019 08/28/19 | Pending | -- | -- | -- |
| 08/23/2019 08/23/19 | Price Changed | $595,000 | -1.7% | $418 / Sq Ft |
| 07/03/2019 07/03/19 | For Sale | $605,000 | -- | $425 / 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 | $8,363 | $656,184 | $464,798 | $191,386 |
| 2024 | $8,363 | $643,319 | $455,685 | $187,634 |
| 2023 | $8,224 | $630,705 | $446,750 | $183,955 |
| 2022 | $7,719 | $618,340 | $437,991 | $180,349 |
| 2021 | $7,571 | $606,216 | $429,403 | $176,813 |
| 2019 | $1,695 | $111,434 | $55,717 | $55,717 |
| 2018 | $1,575 | $109,250 | $54,625 | $54,625 |
| 2016 | $1,451 | $105,008 | $52,504 | $52,504 |
| 2015 | $1,398 | $103,432 | $51,716 | $51,716 |
| 2014 | $1,396 | $101,406 | $50,703 | $50,703 |
Source: Public Records
Agents Affiliated with this Home
-
-
K
Buyer's Agent in 2019
Keston Barker
Choice Real Estate
(562) 283-2010
12 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS19157949
APN: 7127-014-008
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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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