NOT LISTED FOR SALE

Estimated Value: $744,000 - $958,000

2 Beds
1 Bath
1,910 Sq Ft
$445/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $539,500 $282 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,090/month

2 Days on Market

About This Home

As of November 2019

Two two bedroom units and two single garages. Front, Side and Back yard areas. 6239 - back unit. 6241 - front unit. Drive by only; do not disturb tenants.

Last Agent to Sell the Property

Richard Gaylord

Re/Max R. E. Specialists License #00680197 Listed on: 10/02/2019

Re/Max R. E. Specialists

Last Buyer's Agent

Richard Gaylord

Re/Max R. E. Specialists License #00680197 Listed on: 10/02/2019

Re/Max R. E. Specialists

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 6,346 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Lawn
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • 1,910 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 74
  • Tax Tract Number 9707
  • Assessor Parcel Number 7115022041

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $840
  • Insurance Expense $1,700
  • Trash Expense $480
  • Water Sewer Expense $1,080
  • New Taxes Expense $5,490
  • Operating Expense $9,590
  • Gross Income $30,600
  • Net Operating Income $21,010

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 1080.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 7115022041
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 282.46

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 480.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Yard
  • Lot Size Sq Ft: 6346.00
  • Lot Size Acres: 0.1457

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 950 Square Feet
  • Gross Income: 30600.00
  • Gross Scheduled Income: 30600.00
  • Insurance Expense: 1700.00
  • Lot Size Area: 6346.0000 Square Feet
  • Net Operating Income: 21010.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 9590.00
  • Rent Control: No
  • Total Actual Rent: 2550.00
  • Total Expenses: 9590.00

Tax Info

  • New Taxes Expense: 5490.00
  • Tax Census Tract: 5705.01
  • Tax Lot: 74
  • Tax Tract Number: 9707

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2019
Closed on
Oct 28, 2019
Sold by
Lackman Rachelle Sue
Bought by
Villalba Jose F Perez and Perez Erica M
Seller's Agent
Richard Gaylord
Re/Max R. E. Specialists
Buyer's Agent
Richard Gaylord
Re/Max R. E. Specialists
List Price
$549,500
Sold Price
$539,500
Premium/Discount to List
-$10,000
-1.82%
Current Estimated Value
$849,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,739
Avg. Annual Appreciation
7.71%
Original Mortgage
$239,500
Outstanding Balance
$210,908
Interest Rate
3.65%
Estimated Equity
$638,331

Purchase Details

Closed on
Jun 19, 2008
Sold by
Lackman Etta D
Bought by
Flores Pamela and Etta D Lackman Irrevocable Trust #1

Purchase Details

Closed on
Apr 24, 2008
Sold by
Lackman Etta D
Bought by
Flores Pamela

Purchase Details

Closed on
Dec 20, 1994
Sold by
Lackman Lawrence H
Bought by
Lackman Lawrence H and Lackman Etta D
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
Villalba Jose F Perez $539,500 First American Title Company
Flores Pamela -- None Available
Flores Pamela -- None Available
Lackman Lawrence H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villalba Jose F Perez $239,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2019 11/15/19 Sold $539,500 -1.8% $282 / Sq Ft
10/04/2019 10/04/19 Pending -- -- --
10/02/2019 10/02/19 For Sale $549,500 -- $288 / 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 $7,689 $590,016 $305,671 $284,345
2024 $7,689 $578,448 $299,678 $278,770
2023 $7,561 $567,106 $293,802 $273,304
2022 $7,103 $555,988 $288,042 $267,946
2021 $6,959 $545,088 $282,395 $262,693
2020 $6,940 $539,960 $279,500 $260,460
2019 $1,077 $51,387 $20,629 $30,758
2018 $969 $50,389 $20,225 $30,164
2016 $885 $47,992 $19,441 $28,551
2015 $858 $47,272 $19,149 $28,123
2014 $867 $46,347 $18,774 $27,573
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19232383

California Regional Multiple Listing Service (CRMLS)

APN: 7115-022-041