NOT LISTED FOR SALE

625 Stanley Ave Long Beach, CA 90814

Bluff Heights Neighborhood

Estimated Value: $1,352,000 - $1,548,000

7 Beds
4 Baths
2,893 Sq Ft
$495/Sq Ft Est. Value

Last Sold January 17, 2013

Last sale price $585,000 $202 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $8,332/month

156 Days on Market

About This Home

As of January 2013

Wonderful Craftsman/Character Property, Ideal for Owner/Rental or Straight Investment, Totally Remodeled in both Houses in Good Area of City. The Front House is a Larger Home (2.93SQFT) Consisting of 5 Bedrooms (3 Down) and 3 Baths. It has Good Curb Appeal, with a Front Porch to Relax, Large Living Room with Fireplace, Dining Area with Built In Hutch, Nice Kitchen with Lots of Wood Cabinets and Granite Counters, Den/Office in the Front Area of Home, 3 Bedrooms and 2 Baths Downstairs, and a Basement for Storage/Wine Cellar. Upstairs are 2 Bedrooms including a Master Bedroom/Bath. The Home has Plenty of Windows, Wood Moulding and Beams, New Carpet and Paint and Tile in the Kitchen and Baths. The Rear Home is a 2 Bedroom Home (700SQFT) Perfect for Family, Children, or a Great Rental. This House has New Carpet and Paint, Good Size Living Room and Dining Area Combo, a Granite Counter Kitchen, Separate Laundry Room, 2 Good Size Bedrooms (One with Walk In Closet). The Property has a
2 Car Garage and Storage Area, RV PArking, and Lots More. Priced to Sell.

Last Agent to Sell the Property

Irv Tons

Pointe Real Estate, Inc. License #00813310 Listed on: 05/23/2012

Last Buyer's Agent

Irv Tons

Pointe Real Estate, Inc. License #00813310 Listed on: 05/23/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,102

Year Built

  • Built in 1923

Lot Details

  • 7,045 Sq Ft Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 2,893 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 7262029032

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,102

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 7262029032
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 202.21

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Lot Info

  • Lot Size Sq Ft: 7045.00
  • Lot Size Acres: 0.1620

Multi Family

  • Lot Size Area: 7045.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 18
  • Tax Tract Number: 0000
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2016
Sold by
Matthias Michael and Matthias Mary
Bought by
Matthias Michael and Matthias Mary
Current Estimated Value
$1,430,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,000
Outstanding Balance
$414,024
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$1,016,956

Purchase Details

Listed on
May 23, 2012
Closed on
Dec 17, 2012
Sold by
Long Point Properties Llc
Bought by
Matthias Michael and Matthias Mary
Seller's Agent
Irv Tons
Pointe Real Estate, Inc.
Buyer's Agent
Irv Tons
Pointe Real Estate, Inc.
List Price
$595,000
Sold Price
$585,000
Premium/Discount to List
-$10,000
-1.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%
Original Mortgage
$468,000
Interest Rate
3.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2012
Sold by
Chamlern Long and Onkham Betsy
Bought by
Long Point Properties Llc

Purchase Details

Closed on
Mar 15, 2005
Sold by
Chamlern Long and Onkham Betsy
Bought by
Chamlern Long and Onkham Betsy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2004
Sold by
Chamlern Dalong
Bought by
Chamlern Dalong and Onkham Betsy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2003
Sold by
Chamlern Chan
Bought by
Chamlern Dalong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
5.93%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 13, 1995
Sold by
Coast Federal Bank Fsb
Bought by
Chamlern Chan and Chamlern Dalong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,050
Interest Rate
7.92%

Purchase Details

Closed on
Oct 17, 1994
Sold by
Joseph Milton and Joseph Margie
Bought by
Coast Federal Bank Fsb
Source: Public Records

Range of Values:

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Average Value
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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
Matthias Michael -- Old Republic Title Company
Matthias Michael $585,000 Orange Coast Title Company O
Long Point Properties Llc $403,500 None Available
Chamlern Long -- First American Title Ins Co
Chamlern Dalong -- First American Title Co
Chamlern Dalong -- Landsafe Title
Chamlern Chan $144,500 Continental Lawyers Title Co
Coast Federal Bank Fsb $225,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matthias Michael $518,000
Closed Matthias Michael $468,000
Previous Owner Chamlern Long $340,000
Previous Owner Chamlern Dalong $300,000
Previous Owner Chamlern Dalong $67,000
Previous Owner Chamlern Chan $130,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2013 01/17/13 Sold $585,000 -1.7% $202 / Sq Ft
10/26/2012 10/26/12 Pending -- -- --
05/23/2012 05/23/12 For Sale $595,000 -- $206 / 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 $10,102 $780,895 $492,906 $287,989
2024 $10,102 $765,585 $483,242 $282,343
2023 $9,936 $750,574 $473,767 $276,807
2022 $9,333 $735,858 $464,478 $271,380
2021 $9,143 $721,430 $455,371 $266,059
2020 $9,118 $714,033 $450,702 $263,331
2019 $9,013 $700,033 $441,865 $258,168
2018 $8,706 $686,307 $433,201 $253,106
2016 $7,326 $608,536 $416,094 $192,442
2015 $7,031 $599,396 $409,844 $189,552
2014 $6,999 $587,655 $401,816 $185,839
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2013

    Irv Tons

    Pointe Real Estate, Inc.

    Section Image
  • Jamee Lindberg

    Buyer Co-Listing Agent in 2013

    Jamee Lindberg

    RE/MAX

    (562) 881-3811

    79 Total Sales

    Jamee Lindberg
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: A12064889

California Regional Multiple Listing Service (CRMLS)

APN: 7262-029-032

California Los Angeles County Long Beach 90814 Bluff Heights

625 Stanley Ave, Long Beach, CA

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