NOT LISTED FOR SALE

6265 Cherry Ave Long Beach, CA 90805

Nehyam Neighborhood

Estimated Value: $1,057,000 - $1,152,000

6 Beds
5 Baths
3,250 Sq Ft
$339/Sq Ft Est. Value

Sale Details

Date Sold: September 6, 2012

Last sale price $455,000 $140 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $6,229 / mo

31 Days on Market

About This Home

As of September 2012

6265-6269 Cherry Avenue, 90805, is four units. One Triplex, which consists of one 3 bedroom, 2 bath unit downstairs, and 2 -1 bedroom 1 bath units upstairs. In addition, there is a separate unit at the back of the property, which is a 1 bedroom, 1 bath unit. The back unit has been completely remoleled, with new bath, new flooring, some new windows, and painted throughout with new mini blinds. the triplex has been renovated, with some new blinds, windows and paint. Inspection will be available upon acceptance of bonified offer.

Last Agent to Sell the Property

Mary Klingensmith

Coldwell Banker Realty License #00689167 Listed on: 07/06/2012

Last Buyer's Agent

Eric Rook

Century 21 Coastal Properties License #01713209

Century 21 Coastal Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 3,953 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • 3,250 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tax Lot 32
  • Tax Tract Number 7785
  • Assessor Parcel Number 7118005017

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $2,500
  • Maintenance Expense $7,880
  • Professional Management Expense $4,020
  • Trash Expense $400
  • Water Sewer Expense $400
  • New Taxes Expense $5,500
  • Gross Income $4,245
  • Net Operating Income $28,940

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

3,953 Sq Ft Lot

Listing Details

  • Professional Management Expense: 4020.00
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 400.00
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 7118005017
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 140.00

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Trash Expense: 400.00

Lot Info

  • Lot Size Sq Ft: 3953.00
  • Lot Size Acres: 0.0910

Multi Family

  • Average1 Bed Area: 813
  • Average3 Bed Area: 1200
  • Gross Income: 4245.00
  • Gross Scheduled Income: 50940.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 3953.0000 Square Feet
  • Maintenance Expense: 7880.00
  • Net Operating Income: 28940.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 22000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5500.00
  • Tax Lot: 32
  • Tax Tract Number: 7785

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2012
Closed on
Sep 6, 2012
Sold by
Bought by
Seller's Agent
Mary Klingensmith
Coldwell Banker Realty
Buyer's Agent
Eric Rook
Century 21 Coastal Properties
List Price
$449,500
Sold Price
$455,000
Premium/Discount to List
$5,500
1.22%
Current Estimated Value
$1,049,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$594,265
Avg. Annual Appreciation
6.60%
Original Mortgage
$326,250
Interest Rate
0.0363%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 6, 2012
Closed on
Aug 14, 2012
Sold by
Bought by
Seller's Agent
Mary Klingensmith
Coldwell Banker Realty
Buyer's Agent
Eric Rook
Century 21 Coastal Properties
List Price
$449,500
Sold Price
$455,000
Premium/Discount to List
$5,500
1.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
0.0363%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 6, 2012
Closed on
Aug 8, 2012
Sold by
Bought by
Seller's Agent
Mary Klingensmith
Coldwell Banker Realty
Buyer's Agent
Eric Rook
Century 21 Coastal Properties
List Price
$449,500
Sold Price
$455,000
Premium/Discount to List
$5,500
1.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
0.0363%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2012
Sold by
Bought by

Purchase Details

Closed on
May 9, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 18, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Interest Rate
0.061%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Interest Rate
0.061%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- North American Title Company
-- North American Title Company
$435,000 North American Title Company
$20,000 None Available
-- Ticor Title
-- Commonwealth Land Title Comp
$605,000 Commonwealth Land Title Comp
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $326,250
Previous Owner $670,000
Previous Owner $30,000
Previous Owner $670,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/06/2012 09/06/12 Sold $455,000 +1.2% $140 / Sq Ft
08/06/2012 08/06/12 Pending -- -- --
07/06/2012 07/06/12 For Sale $449,500 -- $138 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,927 $535,660 $246,282 $289,378
2024 $7,559 $525,157 $241,453 $283,704
2023 $7,422 $514,861 $236,719 $278,142
2022 $6,983 $504,767 $232,078 $272,689
2021 $6,820 $494,871 $227,528 $267,343
2020 $6,802 $489,797 $225,195 $264,602
2019 $6,722 $480,194 $220,780 $259,414
2018 $6,507 $470,779 $216,451 $254,328
2016 $5,987 $452,500 $208,047 $244,453
2015 $5,758 $445,704 $204,922 $240,782
2014 $5,733 $436,974 $200,908 $236,066
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Mary Klingensmith

    Coldwell Banker Realty

  • Eric Rook

    Buyer's Agent in 2012

    Eric Rook

    Century 21 Coastal Properties

    (310) 961-0030

    22 Total Sales

    Eric Rook
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW12086959

California Regional Multiple Listing Service (CRMLS)

APN: 7118-005-017

California Los Angeles County Long Beach 90805 Nehyam

6265 Cherry Ave, Long Beach, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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