NOT LISTED FOR SALE

Estimated Value: $861,000 - $950,000

4 Beds
2 Baths
1,966 Sq Ft
$453/Sq Ft Est. Value

Sale Details

Date Sold: August 13, 2012

Last sale price $370,000 $188 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $5,223 / mo

7 Days on Market

Highlights

  • Traditional Architecture
  • No Heating
  • 3-minute walk to Broadway Park
  • Wood Burning Fireplace

About This Home

As of August 2012

Beautiful Duplex in Uptown area!!! This propery is in Excellent Condition! Both units are 2 bed/1 bath and Very Spacious!!! Lovely refinished hardwood floors, new paint, new fixtures, nice kitchens and bathrooms! Excellent rental location or live in one and rent the other. Close to transportation, markets, public library, police station, restaurants and the uptown shopping area. Come check it out!!!!!

Last Agent to Sell the Property

Steven Lamb

Long Beach Real Estate License #01416452 Listed on: 06/22/2012

Last Buyer's Agent

Steven Lamb

Long Beach Real Estate License #01416452 Listed on: 06/22/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 5,475

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Stucco

Interior Spaces

  • 1,966 Sq Ft Home
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Electric Fireplace

Additional Features

  • 5,475 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot A
  • Tax Tract Number 3543
  • Assessor Parcel Number 8135008013

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,700
  • Net Operating Income $25,920

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

5,475 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 6.65
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 8135008013
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Fireplace Features: Electric, Masonry, Wood Burning
  • Price Per Square Foot: 188.20

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • 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: 5475.00
  • Lot Size Acres: 0.1260

Multi Family

  • Gross Income: 2700.00
  • Gross Multiplier: 12.03
  • Gross Scheduled Income: 32400.00
  • Lot Size Area: 5475.0000 Square Feet
  • Net Operating Income: 25920.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6480.00

Tax Info

  • Tax Area: 9642
  • Tax Lot: A
  • Tax Tract Number: 3543

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2014
Sold by
Ramirez John C
Bought by
John Ramirez & Cynthia Belt Ramirez Trus
Current Estimated Value
$891,356

Purchase Details

Listed on
Jun 22, 2012
Closed on
Jul 6, 2012
Sold by
Electric Capital Llc
Bought by
Ramirez John C and Belt Ramirez Cynthia L
Seller's Agent
Steven Lamb
Long Beach Real Estate
Buyer's Agent
Steven Lamb
Long Beach Real Estate
List Price
$389,900
Sold Price
$370,000
Premium/Discount to List
-$19,900
-5.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%
Original Mortgage
$277,500
Outstanding Balance
$191,100
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$700,256

Purchase Details

Closed on
Feb 2, 2012
Sold by
Meza Evelyn
Bought by
Electric Capital Llc

Purchase Details

Closed on
Jan 26, 2006
Sold by
Meza Raymond
Bought by
Meza Raymond and Meza Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
6.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 22, 1999
Sold by
Nichiporuk Daniel A
Bought by
Meza Raymond and Meza Evelyn

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
4.95%

Purchase Details

Closed on
Jun 20, 1996
Sold by
Nichiporuk Nina and Nichiporuk Daniel A
Bought by
Nichiporuk Daniel A and Nichiporuk Michelle S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
John Ramirez & Cynthia Belt Ramirez Trus -- None Available
Ramirez John C $370,000 None Available
Electric Capital Llc $265,100 None Available
Meza Raymond -- Investors Title
Meza Raymond $187,500 South Coast Title Company
Nichiporuk Daniel A $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez John C $277,500
Previous Owner Meza Raymond $385,000
Previous Owner Meza Raymond $168,750
Closed Nichiporuk Daniel A $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2012 08/13/12 Sold $370,000 -5.1% $188 / Sq Ft
06/29/2012 06/29/12 Pending -- -- --
06/22/2012 06/22/12 For Sale $389,900 -- $198 / 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 $5,958 $455,614 $270,907 $184,707
2024 $5,958 $446,682 $265,596 $181,086
2023 $5,844 $437,925 $260,389 $177,536
2022 $5,711 $429,339 $255,284 $174,055
2021 $5,568 $420,922 $250,279 $170,643
2019 $5,463 $408,439 $242,856 $165,583
2018 $5,235 $400,432 $238,095 $162,337
2016 $5,041 $384,884 $228,850 $156,034
2015 $4,972 $379,104 $225,413 $153,691
2014 $4,887 $371,679 $220,998 $150,681
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P826340

California Regional Multiple Listing Service (CRMLS)

APN: 8135-008-013

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