NOT LISTED FOR SALE

Estimated Value: $820,000 - $967,000

4 Beds
2 Baths
1,800 Sq Ft
$493/Sq Ft Est. Value

Last Sold April 04, 2017

Last sale price $549,000 $305 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,321/month

6 Days on Market

Highlights

  • No HOA
  • Back Yard
  • 1-Story Property
  • 2 Car Garage

About This Home

As of April 2017

North Long Beach duplex, great opportunity to live in one and rent the other! Both units are 2 bed 1 bath & each unit has two parking spots.

Last Agent to Sell the Property

Lucille Taing-Cheam

Circle Real Estate License #02005094 Listed on: 01/19/2017

Circle Real Estate

Last Buyer's Agent

Benny Moran

PARTNER Real Estate License #01761878

PARTNER Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 4,644 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 91
  • Tax Tract Number 7225
  • Assessor Parcel Number 7123010006

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Trash Expense $480
  • Water Sewer Expense $750
  • New Taxes Expense $6,863
  • Operating Expense $9,353
  • Gross Income $36,000
  • Net Operating Income $9,353

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 750.00
  • Zoning: LBR1N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7123010006
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 305.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Sewer: Unknown
  • Trash Expense: 480.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 4644.00

Multi Family

  • Average2 Bed Area: 900 Square Feet
  • Gross Income: 36000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 900.00
  • Net Operating Income: 9353.00
  • 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: 9353.00
  • Rent Control: No
  • Total Expenses: 9353.00

Tax Info

  • New Taxes Expense: 6863.00
  • Tax Census Tract: 5705.01
  • Tax Lot: 91
  • Tax Tract Number: 7225

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2017
Closed on
Feb 24, 2017
Sold by
Munguia Delia A
Bought by
Munguia Andres
Seller's Agent
Lucille Taing-Cheam
Circle Real Estate
Buyer's Agent
Benny Moran
PARTNER Real Estate
List Price
$549,999
Sold Price
$549,000
Premium/Discount to List
-$999
-0.18%
Current Estimated Value
$887,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,529
Avg. Annual Appreciation
5.64%
Original Mortgage
$411,750
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2017
Closed on
Feb 7, 2017
Sold by
Nguyen Oanh Thi
Bought by
Munguia Andres
Seller's Agent
Lucille Taing-Cheam
Circle Real Estate
Buyer's Agent
Benny Moran
PARTNER Real Estate
List Price
$549,999
Sold Price
$549,000
Premium/Discount to List
-$999
-0.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,750
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2014
Sold by
Vo Chut
Bought by
The Chut Vo & Oanh Thi Nguyen Living Tru
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Munguia Andres -- Ticor Title Company Tustin
Munguia Andres $549,000 Ticor Title Company
The Chut Vo & Oanh Thi Nguyen Living Tru -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Munguia Andres $411,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2017 04/04/17 Sold $549,000 -0.2% $305 / Sq Ft
01/25/2017 01/25/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $549,999 -- $306 / 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 $8,164 $637,156 $348,173 $288,983
2024 $8,164 $624,664 $341,347 $283,317
2023 $8,026 $612,416 $334,654 $277,762
2022 $7,536 $600,409 $328,093 $272,316
2021 $7,383 $588,637 $321,660 $266,977
2019 $7,276 $571,179 $312,120 $259,059
2018 $7,024 $559,980 $306,000 $253,980
2016 $2,803 $222,240 $65,894 $156,346
2015 $2,694 $218,903 $64,905 $153,998
2014 $2,684 $214,616 $63,634 $150,982
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17012697

California Regional Multiple Listing Service (CRMLS)

APN: 7123-010-006