C
Seller's Agent in 2014
Carol Thomson
Berkshire Hathaway Home Servic
5700 E Ocean Blvd Long Beach, CA 90803
Peninsula NeighborhoodEstimated Value: $2,179,000 - $3,613,000
5
Beds
2
Baths
2,629
Sq Ft
$1,100/Sq Ft
Est. Value
Highlights
- Property has ocean access
- Midcentury Modern Architecture
- Wood Flooring
- Naples Bayside Academy Rated A
- Property is near a park
- Corner Lot
About This Home
As of December 2014Do you have a client wanting a Beach Property, or better yet wanting an investment property at the beach? The time is now! This duplex is a perfect set-up for an owner occupant with a tenant for additional income. Located on The Peninsula in the Belmont Shore section of Long Beach, both the Pacific Ocean and the more quiet Alamitos Bay are very easy walks. See attached map. The ground floor unit consists of 2 bedrooms, large combination living room & dining room with a fireplace and doors to a center courtyard. The 2nd floor unit has 3 bedrooms. One of the bedrooms is on the ground floor with its own entry from outside. The living room also has a fireplace and is open to both the kitchen and dining area. Also included is a sun room used as a family room with access to a large open deck. The complex boasts a 2-car garage with a coin-operated washer & dryer. This area and complex will sell itself!
Last Agent to Sell the Property
Carol Thomson
Berkshire Hathaway Home Servic License #00702846 Listed on: 07/30/2014
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1952
Lot Details
- 2,445 Sq Ft Lot
- Corner Lot
- Level Lot
- Corners Of The Lot Have Been Marked
Parking
- 2 Car Garage
- Parking Available
- Side by Side Parking
- Two Garage Doors
- Garage Door Opener
- Assigned Parking
Home Design
- Midcentury Modern Architecture
- Contemporary Architecture
- Property Attached
- Cosmetic Repairs Needed
- Frame Construction
- Stucco
Interior Spaces
- 2-Story Property
- Beamed Ceilings
- Ceiling Fan
- Raised Hearth
- Family Room
- Living Room with Fireplace
- Carbon Monoxide Detectors
Kitchen
- Galley Kitchen
- Electric Oven
- Electric Cooktop
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Leased Washer and Dryer
Outdoor Features
- Property has ocean access
- Beach Access
Additional Features
- Two Homes on a Lot
- Property is near a park
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Assessor Parcel Number 7245017010
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 30, 2014
Closed on
Nov 5, 2014
Sold by
Jorgensen A Douglas
Bought by
Buggeln John and Buggeln Doreen
Seller's Agent
Carol Thomson
Berkshire Hathaway Home Servic
List Price
$1,050,000
Sold Price
$1,000,000
Premium/Discount to List
-$50,000
-4.76%
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
$1,891,414
Avg. Annual Appreciation
10.08%
Original Mortgage
$750,000
Outstanding Balance
$573,464
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$2,317,950
Purchase Details
Closed on
Mar 24, 2014
Sold by
Jorgensen A Douglas
Bought by
Jorgensen A Douglas and Jorgensen Margaret S
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Buggeln John | $1,000,000 | Fidelity National Title Co | |
| Jorgensen A Douglas | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Buggeln John | $750,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/10/2014 12/10/14 | Sold | $1,000,000 | -4.8% | $380 / Sq Ft |
| 12/01/2014 12/01/14 | Pending | -- | -- | -- |
| 07/30/2014 07/30/14 | For Sale | $1,050,000 | -- | $399 / Sq Ft |
Source: Pasadena-Foothills Association of REALTORS®
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 | $8,815 | $682,326 | $380,553 | $301,773 |
| 2024 | $8,815 | $668,948 | $373,092 | $295,856 |
| 2023 | $8,669 | $655,832 | $365,777 | $290,055 |
| 2022 | $8,140 | $642,973 | $358,605 | $284,368 |
| 2021 | $7,971 | $630,367 | $351,574 | $278,793 |
| 2019 | $7,857 | $612,133 | $341,148 | $270,985 |
| 2018 | $7,634 | $600,140 | $334,459 | $265,681 |
| 2016 | $12,082 | $1,015,250 | $710,675 | $304,575 |
| 2015 | $11,589 | $1,000,000 | $700,000 | $300,000 |
| 2014 | $6,606 | $550,105 | $331,392 | $218,713 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P0-214028875
APN: 7245-017-010
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