NOT LISTED FOR SALE

Estimated Value: $631,000 - $785,000

3 Beds
2 Baths
1,232 Sq Ft
$562/Sq Ft Est. Value

Last Sold February 20, 2013

Last sale price $290,000 $235 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $4,031/month

189 Days on Market

Highlights

  • Wood Flooring
  • Wood Siding
  • Heating System Uses Natural Gas
  • Long Beach Polytechnic High School Rated A

About This Home

As of February 2013

LOOK!!!! STANDARD SALE....LIVE IN ONE AND RENT OUT THE OTHER....Very Unique duplex close to downtown!! Two bedroom One bath upstairs...One bedroom/one bath down stairs....Beautiful hardwood floors, designer paint, new tile floors in kitchen and bath! Gated drive way! Great INVESTMENT property! Only one MILE to the beach and close to Downtown PINE Street. Come see for yourself....

Last Agent to Sell the Property

Julie Krabbe

United Real Estate Professionals License #01468656 Listed on: 06/27/2012

United Real Estate Professionals

Last Buyer's Agent

Eleanor Gillamac

American Financial Group License #01183752

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 2,004

Home Design

  • Clay Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,232 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 3
  • Tax Tract Number 5763
  • Assessor Parcel Number 7274015030

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • New Taxes Expense $3,841

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 7274015030
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Wood
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 235.39

Exterior Features

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

Garage/Parking

  • Parking: No
  • Parking Features: Driveway
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Natural Gas, Wall Furnace

Condo/Co-op/Association

  • Senior Community: No

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Multiplier: 13.19
  • Gross Scheduled Income: 22740.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 3841.00
  • Tax Lot: 3
  • Tax Tract Number: 5763

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2012
Closed on
Jan 4, 2013
Sold by
Garibay Jose Juan H
Bought by
Gutierrez Mario Alberto
Seller's Agent
Julie Krabbe
United Real Estate Professionals
Buyer's Agent
Eleanor Gillamac
American Financial Group
List Price
$329,000
Sold Price
$290,000
Premium/Discount to List
-$39,000
-11.85%
Current Estimated Value
$692,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,428
Avg. Annual Appreciation
7.01%
Original Mortgage
$232,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2005
Sold by
Garibay Barbara Briggs
Bought by
Garibay Jose Juan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 11, 2005
Sold by
Phebus Chester W and Chester W Phebus Revocable Tru
Bought by
Garibay Jose Juan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 19, 2003
Sold by
Phebus Chester W
Bought by
Phebus Chester W and Chester W Phebus Revocable Trust

Purchase Details

Closed on
Aug 15, 2001
Sold by
Brown Margaret G
Bought by
Phebus Chester W
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
Gutierrez Mario Alberto $290,000 Lawyers Title Company
Garibay Jose Juan H -- --
Garibay Jose Juan H $280,000 --
Phebus Chester W -- --
Phebus Chester W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gutierrez Mario Alberto $232,000
Previous Owner Garibay Jose Juan H $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2013 02/20/13 Sold $290,000 -11.9% $235 / Sq Ft
01/02/2013 01/02/13 Pending -- -- --
06/27/2012 06/27/12 For Sale $329,000 -- $267 / 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 $4,838 $357,101 $233,963 $123,138
2024 $4,838 $350,100 $229,376 $120,724
2023 $4,747 $343,236 $224,879 $118,357
2022 $4,460 $336,507 $220,470 $116,037
2021 $4,359 $329,910 $216,148 $113,762
2019 $4,294 $320,127 $209,738 $110,389
2018 $4,176 $313,851 $205,626 $108,225
2016 $3,847 $301,666 $197,643 $104,023
2015 $3,697 $297,136 $194,675 $102,461
2014 $3,675 $291,316 $190,862 $100,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S703081

California Regional Multiple Listing Service (CRMLS)

APN: 7274-015-030