NOT LISTED FOR SALE

5825 Walnut Ave Unit B Long Beach, CA 90805

Nehyam Neighborhood

Estimated Value: $758,000 - $878,000

4 Beds
3 Baths
1,897 Sq Ft
$432/Sq Ft Est. Value

Last Sold May 20, 2012

Last sale price $263,000 $139 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $4,843/month

50 Days on Market

About This Home

As of May 2012

Two units. 2 bed/1 bath each. Great opportunity!

Last Agent to Sell the Property

Josie Andrade

First Team Real Estate License #01275662 Listed on: 06/29/2011

First Team Real Estate

Last Buyer's Agent

Dara Chay

Sky View Real Estate License #01217793

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,526

Year Built

  • Built in 1958

Lot Details

  • 4,691

Parking

  • 2 Parking Spaces

Home Design

  • 1,897 Sq Ft Home
  • Stucco

Additional Features

  • 4,691 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 24 / D
  • Tax Tract Number 6773
  • Assessor Parcel Number 7123019024

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Gas Meter
  • 2 Separate Water Meters
  • Gardener Expense $50
  • Net Operating Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,526

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 12.06
  • View: No
  • Property Type: Residential Income
  • Gardener Expense: 50.00
  • Parcel Number: 7123019024
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 138.64

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4691.00
  • Lot Size Acres: 0.1080

Multi Family

  • Gross Multiplier: 7.54
  • Gross Scheduled Income: 26400.00
  • Lot Size Area: 4691.0000 Square Feet
  • Net Operating Income: 24000.00
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2400.00

Tax Info

  • Tax Area: 4992
  • Tax Block: D
  • Tax Lot: 24
  • Tax Tract Number: 6773

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2011
Sold by
Castro Maria and Sanchez Juan N
Bought by
Tan Kien T and Lim Pauline
Current Estimated Value
$819,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2006
Sold by
Castro Maria
Bought by
Sanchez Juan N and Castro Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.76%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 22, 2006
Sold by
Sanchez Juan N
Bought by
Castro Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.76%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 13, 2006
Sold by
Vasquez Margarita
Bought by
Castro Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.76%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 29, 2001
Sold by
Landaverde Giovanny A
Bought by
Vasquez Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
6.63%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 5, 1998
Sold by
Orellana Juan C
Bought by
Vasquez Margarita and Landaverde Giovanny A

Purchase Details

Closed on
May 20, 1998
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Vasquez Margarita and Orellana Juan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
7.13%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 29, 1997
Sold by
Bogarin Maria S and Dominguez Pedro
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 11, 1993
Sold by
Bogarin Miguel A
Bought by
Bogarin Maria S
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tan Kien T $263,000 Orange Coast Title Company
Sanchez Juan N -- Accommodation
Castro Maria -- Alliance Title
Castro Maria $595,000 Alliance Title
Vasquez Margarita -- American Title
Vasquez Margarita -- --
Vasquez Margarita $129,000 First American Title Co
Federal Home Loan Mortgage Corporation $135,000 Lawyers Title Company
Bogarin Maria S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tan Kien T $170,000
Previous Owner Castro Maria $119,000
Previous Owner Castro Maria $476,000
Previous Owner Vasquez Margarita $438,750
Previous Owner Vasquez Margarita $201,500
Previous Owner Vasquez Margarita $177,800
Previous Owner Vasquez Margarita $168,750
Previous Owner Vasquez Margarita $6,700
Previous Owner Vasquez Margarita $0
Previous Owner Vasquez Margarita $128,017
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2012 05/20/12 Sold $263,000 +32.2% $139 / Sq Ft
08/18/2011 08/18/11 Pending -- -- --
06/29/2011 06/29/11 For Sale $199,000 -- $105 / 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 $4,526 $330,331 $175,842 $154,489
2024 $4,526 $323,855 $172,395 $151,460
2023 $4,449 $317,506 $169,015 $148,491
2022 $4,187 $311,281 $165,701 $145,580
2021 $4,095 $305,178 $162,452 $142,726
2020 $4,084 $302,050 $160,787 $141,263
2019 $4,038 $296,129 $157,635 $138,494
2018 $3,858 $290,324 $154,545 $135,779
2016 $3,544 $279,052 $148,545 $130,507
2015 $3,406 $274,861 $146,314 $128,547
2014 $3,391 $269,477 $143,448 $126,029
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P787433

California Regional Multiple Listing Service (CRMLS)

APN: 7123-019-024