NOT LISTED FOR SALE

Estimated Value: $822,000 - $956,000

4 Beds
3 Baths
1,761 Sq Ft
$503/Sq Ft Est. Value

Sale Details

Date Sold: August 2, 2017

Last sale price $555,000 $315 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,347 / mo

17 Days on Market

Highlights

  • Ranch Style House
  • Neighborhood Views
  • Tile Flooring
  • Lawn
  • Laundry Room
  • West Facing Home

About This Home

As of August 2017

WE ARE PROUD TO PRESENT THIS DUPLEX IN NORTH LONG BEACH. THE PROPERTY CONSIST OF A 3 BEDROOM 2 BATHROOM DETACHED HOME IN FRONT WITH A 1 BEDROOM 1 BATHROOM APARTMENT OVER A TWO CAR GARAGE IN THE REAR ALL ON A WELL PROPORTIONED 4814 SQ FT LOT. NEW EXTERIOR PAINT AND NEWER ROOF. WHY RENT WHEN YOU CAN OWN? COME BY AND TAKE A LOOK - THIS PROPERTY WILL NOT LAST.

Last Agent to Sell the Property

Jesse Rubalcava

J. Rubalcava & Associates License #01215036 Listed on: 05/21/2017

Last Buyer's Agent

Judy Law

Coldwell Banker Realty License #01254818

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 4,814 Sq Ft Lot
  • No Common Walls
  • West Facing Home
  • Paved or Partially Paved Lot
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Ranch Style House
  • Turnkey
  • Raised Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,761 Sq Ft Home
  • Neighborhood Views

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 6521
  • Assessor Parcel Number 7124031004

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Trash Expense $600
  • Water Sewer Expense $800
  • New Taxes Expense $6,800
  • Operating Expense $8,800
  • Gross Income $35,400
  • Net Operating Income $26,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

4,814 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Subdivision Name Other: North Long Beach (NLB)
  • View: Yes
  • Water Sewer Expenses: 800.00
  • Zoning: LBR2N
  • Architectural Style: Ranch
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 7124031004
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Price Per Square Foot: 315.16
  • Room Type: All Bedrooms Down

Exterior Features

  • Direction Faces: West
  • Foundation: Raised
  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Paved
  • Lot Size Sq Ft: 4814.00

Multi Family

  • Gross Income: 35400.00
  • Gross Scheduled Income: 35400.00
  • Insurance Expense: 600.00
  • Net Operating Income: 26600.00
  • 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: 8800.00
  • Rent Control: No
  • Total Expenses: 8800.00

Tax Info

  • New Taxes Expense: 6800.00
  • Tax Census Tract: 5706.01
  • Tax Lot: 4
  • Tax Tract Number: 6521

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2017
Closed on
Jul 6, 2017
Sold by
Amy Darren J
Bought by
Penarrieta Valeria C
Seller's Agent
Jesse Rubalcava
J. Rubalcava & Associates
Buyer's Agent
Judy Law
Coldwell Banker Realty
List Price
$569,000
Sold Price
$555,000
Premium/Discount to List
-$14,000
-2.46%
Current Estimated Value
$886,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,216
Avg. Annual Appreciation
5.50%
Original Mortgage
$416,250
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2017
Closed on
Jun 9, 2017
Sold by
Penarrieta Valeria C
Bought by
Law Michael and Law Diana S
Seller's Agent
Jesse Rubalcava
J. Rubalcava & Associates
Buyer's Agent
Judy Law
Coldwell Banker Realty
List Price
$569,000
Sold Price
$555,000
Premium/Discount to List
-$14,000
-2.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,250
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2005
Sold by
Calderon Raymundo
Bought by
Penarrieta Valeria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2004
Sold by
Calderon Raymundo and Calderon Maria Alejandra
Bought by
Calderon Raymundo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2002
Sold by
Lanham Michael A
Bought by
Calderon Raymundo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Penarrieta Valeria C -- Progressive Title Company
Law Michael $555,000 Progressive Title Company
Penarrieta Valeria C $470,000 First Southwestern Title Co
Calderon Raymundo -- New Century Title Company Or
Calderon Raymundo $220,000 Chicago Title Co
Lanham Michael A -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Law Michael $416,250
Previous Owner Penarrieta Valeria C $376,000
Previous Owner Calderon Raymundo $246,500
Previous Owner Calderon Raymundo $198,000
Closed Penarrieta Valeria C $47,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2017 08/02/17 Sold $555,000 -2.5% $315 / Sq Ft
05/21/2017 05/21/17 For Sale $569,000 -- $323 / 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 $8,174 $631,492 $341,347 $290,145
2024 $8,174 $619,110 $334,654 $284,456
2023 $8,038 $606,972 $328,093 $278,879
2022 $7,549 $595,071 $321,660 $273,411
2021 $7,397 $583,403 $315,353 $268,050
2020 $7,378 $577,682 $312,120 $265,562
2019 $7,292 $566,360 $306,000 $260,360
2018 $7,050 $555,260 $300,000 $255,260
2016 $6,715 $553,416 $353,245 $200,171
2015 $6,445 $545,104 $347,939 $197,165
2014 $6,402 $534,427 $341,124 $193,303
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17112898

California Regional Multiple Listing Service (CRMLS)

APN: 7124-031-004

Your Personal Tour Guide

Ask me questions while you tour the home.