Seller's Agent in 2015
Eileen Rivera
GE Dean and Associates
(562) 688-9809
64 Total Sales
640 Lime Ave Long Beach, CA 90802
East Village NeighborhoodEstimated Value: $756,155 - $882,000
4
Beds
2
Baths
1,680
Sq Ft
$488/Sq Ft
Est. Value
Highlights
- 0.06 Acre Lot
- Traditional Architecture
- Neighborhood Views
- Long Beach Polytechnic High School Rated A
- No HOA
- Living Room
About This Home
As of August 2015Check out this excellent opportunity to own great income property! Either live in one and rent out the other or rent out both. This is an easy-to-rent building and area with separate meters for tenant billing. Each unit has 2 bedrooms and 1 bathroom. There are 4 open air parking spaces, a washer and dryer in a designated building and a charming patio for the downstairs unit. Commuter friendly location, close to public transportation, Pine Ave., prestigious downtown Long Beach, parks, freeways, and a mile and half to the beach!
Last Agent to Sell the Property
GE Dean and Associates License #01208517 Listed on: 01/22/2015
Last Buyer's Agent
Joselito Tejada
Vylla Home, Inc. License #01399025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 2,491 Sq Ft Lot
- 1 Common Wall
- Block Wall Fence
- Chain Link Fence
Home Design
- Traditional Architecture
- Property Attached
- Wood Roof
Interior Spaces
- 1,680 Sq Ft Home
- Living Room
- Neighborhood Views
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 4 Parking Spaces
- Parking Available
- Driveway
Additional Features
- Suburban Location
- Floor Furnace
Listing and Financial Details
- Tax Lot 6-8
- Tax Tract Number 50
- Assessor Parcel Number 7274019007
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Cable TV Expense $2,400
- Electric Expense $800
- Insurance Expense $1,200
- Trash Expense $360
- Water Sewer Expense $720
- New Taxes Expense $6,488
- Gross Income $2,125
- Net Operating Income $17,100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 28, 2018
Sold by
Hutchings Andrew S
Bought by
Hutchings A
Current Estimated Value
Purchase Details
Listed on
Jan 22, 2015
Closed on
Jul 8, 2015
Sold by
Mcdaniel Jimmy D
Bought by
Uribe Oscar Xavier
Seller's Agent
Eileen Rivera
GE Dean and Associates
Buyer's Agent
Joselito Tejada
Vylla Home, Inc.
List Price
$469,000
Sold Price
$445,000
Premium/Discount to List
-$24,000
-5.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%
Original Mortgage
$378,250
Outstanding Balance
$296,168
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$523,621
Purchase Details
Closed on
Jul 22, 2013
Sold by
Mcdaniel Jimmy D
Bought by
Mcdaniel Jimmy D and Sorenson Mcdaniel Jacqueline K
Purchase Details
Closed on
Feb 12, 2007
Sold by
640 Lime Avenue Llc
Bought by
Mcdaniel Jimmy D and Sorenson Mcdaniel Jacqueline K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,500
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 30, 2004
Sold by
Mcdaniel Jimmy Don
Bought by
640 Lime Avenue Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,999
Interest Rate
6.24%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jan 2, 2004
Sold by
Mcdaniel Jimmy Don
Bought by
640 Lime Avenue Llc
Purchase Details
Closed on
Nov 19, 2002
Sold by
Thorgmorton Mark
Bought by
Mcdaniel Jimmy Don and Sorenson Mcdaniel Jacqueline Kay
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.12%
Purchase Details
Closed on
Jun 5, 2002
Sold by
Throgmorton Mark
Bought by
Throgmorton Jeffory and Throgmorton Donna
Purchase Details
Closed on
Mar 7, 2001
Sold by
Hart Community Homes Inc
Bought by
Thorgmorton Mark and Thorgmorton Vicki
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,234
Interest Rate
6.89%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 22, 2000
Sold by
Hud
Bought by
Hart Community Homes Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,901
Interest Rate
7.71%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 28, 2000
Sold by
Homeside Lending Inc
Bought by
Hud
Purchase Details
Closed on
Jul 15, 1999
Sold by
Thompson Floyd B
Bought by
Homeside Lending Inc
Purchase Details
Closed on
May 12, 1997
Sold by
Larue Melvin J
Bought by
Thompson Floyd B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,543
Interest Rate
7.58%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 12, 1997
Sold by
Hara Florence W O
Bought by
Larue Melvin J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.63%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hutchings A | -- | None Available | |
| Uribe Oscar Xavier | $445,000 | Chicago Title Company | |
| Mcdaniel Jimmy D | -- | None Available | |
| Mcdaniel Jimmy D | -- | Fidelity National Title Co | |
| 640 Lime Avenue Llc | -- | Fidelity National Title Co | |
| 640 Lime Avenue Llc | -- | -- | |
| Mcdaniel Jimmy Don | -- | -- | |
| 640 Lime Avenue Llc | -- | -- | |
| Mcdaniel Jimmy Don | $250,000 | Gateway Title Company | |
| Throgmorton Jeffory | $10,000 | Gateway Title Company | |
| Thorgmorton Mark | $179,000 | United Title Company | |
| Hart Community Homes Inc | $120,500 | United Title Company | |
| Hud | $183,026 | Fidelity National Title Ins | |
| Homeside Lending Inc | $183,026 | Fidelity National Title Ins | |
| Thompson Floyd B | $176,000 | -- | |
| Larue Melvin J | $78,000 | Provident Title | |
| Ohara Florence W | -- | Provident Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Uribe Oscar Xavier | $378,250 | |
| Previous Owner | Mcdaniel Jimmy D | $343,500 | |
| Previous Owner | Mcdaniel Jimmy Don | $99,999 | |
| Previous Owner | Mcdaniel Jimmy Don | $200,000 | |
| Previous Owner | Thorgmorton Mark | $176,234 | |
| Previous Owner | Hart Community Homes Inc | $142,901 | |
| Previous Owner | Thompson Floyd B | $171,543 | |
| Previous Owner | Larue Melvin J | $65,000 | |
| Closed | Mcdaniel Jimmy Don | $49,950 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/03/2015 08/03/15 | Sold | $445,000 | +36983.3% | $265 / Sq Ft |
| 05/11/2015 05/11/15 | Pending | -- | -- | -- |
| 02/26/2015 02/26/15 | Rented | $1,200 | 0.0% | -- |
| 02/26/2015 02/26/15 | For Rent | $1,200 | 0.0% | -- |
| 01/22/2015 01/22/15 | For Sale | $469,000 | -- | $279 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $6,760 | $526,783 | $366,974 | $159,809 |
| 2024 | $6,760 | $516,455 | $359,779 | $156,676 |
| 2023 | $6,644 | $506,329 | $352,725 | $153,604 |
| 2022 | $6,238 | $496,402 | $345,809 | $150,593 |
| 2021 | $6,108 | $486,670 | $339,029 | $147,641 |
| 2020 | $6,091 | $481,681 | $335,553 | $146,128 |
| 2019 | $6,019 | $472,237 | $328,974 | $143,263 |
| 2018 | $5,835 | $462,978 | $322,524 | $140,454 |
| 2016 | $5,362 | $445,000 | $310,000 | $135,000 |
| 2015 | $3,684 | $301,263 | $120,504 | $180,759 |
| 2014 | -- | $295,363 | $118,144 | $177,219 |
Source: Public Records
Agents Affiliated with this Home
-
Eileen Rivera
-
J
Buyer's Agent in 2015
Joselito Tejada
Vylla Home, Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS15015864
APN: 7274-019-007
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