NOT LISTED FOR SALE

Estimated Value: $740,000 - $813,000

3 Beds
2 Baths
1,556 Sq Ft
$499/Sq Ft Est. Value

Last Sold September 22, 2016

Last sale price $450,000 $289 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,634/month

39 Days on Market

Highlights

  • Traditional Architecture
  • Private Yard
  • Ceramic Countertops
  • Wood Flooring
  • No HOA
  • Laundry Room

About This Home

As of September 2016

Standard Sale. This is one of best North Long Beach sections. Wide Streets. No Apartment Buildings. Low Density. Mostly single family homes. This duplex has 3/1 and 0/1. It is a full size lot with a detached garage. There are two separate single car garages. Lovely yard, nice street, great curb appeal. The property is in average condition, the owners live in the back. The property has a raised foundation with oak floors. Each unit has a laundry room. There are upgraded windows. Eating area in kitchen. Floor heaters.

Last Agent to Sell the Property

Sindy Verdugo

RE/MAX College Park Realty License #00696172 Listed on: 06/15/2016

RE/MAX College Park Realty

Co-Listed By

Ruben Verdugo

WGroup Realtors License #01215655

Last Buyer's Agent

Victoria Burkhardt

J.K. Christopher Realty License #01058834

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,818

Year Built

  • Built in 1955

Lot Details

  • 5,165 Sq Ft Lot
  • Lot Dimensions are 40 x 125
  • No Common Walls
  • Wood Fence
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Interior Block Wall
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,556 Sq Ft Home
  • 1-Story Property
  • Utility Room
  • Laundry Room
  • Center Hall

Kitchen

  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas

Additional Features

  • Accessible Parking
  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Legal Lot and Block 29 / 10
  • Tax Tract Number 6521
  • Assessor Parcel Number 7124020030

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $7,860
  • Net Operating Income $7,860

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,818

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Zoning: LBR1N
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 7124020030
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Block Walls, Ceramic Counters, Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 289.20
  • Room Type: All Bedrooms Down, Center Hall, Utility Room

Exterior Features

  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Electric: Electricity - On Property
  • Heating Type: Floor Furnace, Natural Gas
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Yard
  • Lot Size: 40 x 125
  • Lot Size Sq Ft: 5165.00
  • Price Per Lot Square Foot: 87.12

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Average3 Bed Area: 1156
  • Average Studio Area: 400
  • Gross Income: 7860.00
  • Gross Scheduled Income: 7860.00
  • Net Operating Income: 7860.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: 10
  • Tax Lot: 29
  • Tax Tract Number: 6521

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2016
Closed on
Sep 19, 2016
Sold by
Lara Eusebia M
Bought by
Lara Antonio
Seller's Agent
Sindy Verdugo
RE/MAX College Park Realty
Buyer's Agent
Victoria Burkhardt
J.K. Christopher Realty
List Price
$437,500
Sold Price
$450,000
Premium/Discount to List
$12,500
2.86%
Current Estimated Value
$776,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,718
Avg. Annual Appreciation
6.18%

Purchase Details

Closed on
Jun 24, 2016
Sold by
Lara Antonio
Bought by
Burkhardt Peter and Burkhardt Ann Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
3.45%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lara Antonio -- Lawyers Title
Burkhardt Peter $450,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burkhardt Peter $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2016 09/22/16 Sold $450,000 +2.9% $289 / Sq Ft
06/21/2016 06/21/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $437,500 -- $281 / 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 $6,818 $522,258 $174,085 $348,173
2024 $6,818 $512,019 $170,672 $341,347
2023 $6,703 $501,980 $167,326 $334,654
2022 $6,297 $492,139 $164,046 $328,093
2021 $6,169 $482,490 $160,830 $321,660
2019 $6,081 $468,660 $156,060 $312,600
2018 $5,882 $459,480 $153,000 $306,480
2016 $2,852 $226,838 $93,319 $133,519
2015 $2,741 $223,432 $91,918 $131,514
2014 $2,730 $219,056 $90,118 $128,938
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16102317

California Regional Multiple Listing Service (CRMLS)

APN: 7124-020-030