NOT LISTED FOR SALE

Estimated Value: $868,000 - $984,000

6 Beds
3 Baths
2,061 Sq Ft
$447/Sq Ft Est. Value

Last Sold May 18, 2015

Last sale price $465,000 $226 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $5,567/month

151 Days on Market

About This Home

As of May 2015

Bread and butter units, live in one rent the other out, or start or add to your portfolio. Good opportunity for two separate homes, front house is a three bedroom one bathroom house with new interior paint nice and clean. The back home is huge three bedroom two batroom with a extra extra large tandem four car garage, with a extra long driveway. both tenants are on a month to month. Please do not disturb tenants.Drive by only Wright offers subject to interior inspection....

Last Agent to Sell the Property

Steven Guthrie

Platinum Finance Properties License #01440504 Listed on: 11/13/2014

Last Buyer's Agent

Jaime Bermeo

Realty One Group Homelink License #01315740

Realty One Group Homelink

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 5,692 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • 2,061 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 7120002014

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Property Type: Residential Income
  • Parcel Number: 7120002014
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 225.62

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5692.00
  • Lot Size Acres: 0.1310

Multi Family

  • Lot Size Area: 5692.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 000
  • Tax Tract Number: 000
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2023
Sold by
Maganda Edelmira
Bought by
Maganda Edelmira and Bermejo-Mendoza Francisco Jabier
Current Estimated Value
$921,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Outstanding Balance
$174,158
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$747,739

Purchase Details

Listed on
Nov 13, 2014
Closed on
Apr 16, 2015
Sold by
Platinum Finance Properties Inc
Bought by
Maganda Edelmira and Mendoza Francisco J Bermejo
Seller's Agent
Steven Guthrie
Platinum Finance Properties
Buyer's Agent
Jaime Bermeo
Realty One Group Homelink
List Price
$459,900
Sold Price
$465,000
Premium/Discount to List
$5,100
1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%
Original Mortgage
$456,577
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 24, 2013
Sold by
Hernandez Maricruz
Bought by
Platinum Finance Properties Inc and Natural Sequence Llc

Purchase Details

Closed on
Nov 9, 2006
Sold by
Vasquez Juan and Hernandez Maria Martha
Bought by
Hernandez Maricruz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
6.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2004
Sold by
Hernandez Alberto and Hernandez Maricruz
Bought by
Hernandez Maricruz and Vasquez Juan

Purchase Details

Closed on
Oct 25, 1998
Sold by
Hernandez Alberto and Hernandez Maricruz
Bought by
Hernandez Alberto and Hernandez Maricruz

Purchase Details

Closed on
Dec 2, 1994
Sold by
Downey S & L Assn
Bought by
Hernandez Alberto and Hernandez Maricruz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,945
Interest Rate
9.16%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 1994
Sold by
Okuley Brian N and Okuley Donna J
Bought by
Downey S & L Assn
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

Date Buyer Sale Price Title Company
Maganda Edelmira -- Atlas Title
Maganda Edelmira $465,000 Lawyers Title
Platinum Finance Properties Inc $65,000 Lawyers Title
Hernandez Maricruz -- First American Title
Hernandez Maricruz -- --
Hernandez Alberto -- --
Hernandez Alberto $175,000 World Title
Downey S & L Assn $205,954 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maganda Edelmira $183,000
Previous Owner Maganda Edelmira $456,577
Previous Owner Hernandez Maricruz $127,000
Previous Owner Hernandez Alberto $167,945
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2015 05/18/15 Sold $465,000 +1.1% $226 / Sq Ft
04/13/2015 04/13/15 Pending -- -- --
11/13/2014 11/13/14 For Sale $459,900 -- $223 / 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 $9,349 $698,600 $305,892 $392,708
2024 $8,946 $684,903 $299,895 $385,008
2023 $8,795 $671,474 $294,015 $377,459
2022 $8,259 $658,308 $288,250 $370,058
2021 $6,554 $516,297 $222,063 $294,234
2020 $6,536 $511,004 $219,787 $291,217
2019 $6,459 $500,985 $215,478 $285,507
2018 $6,213 $491,162 $211,253 $279,909
2016 $5,707 $472,091 $203,050 $269,041
2015 $5,203 $433,491 $203,996 $229,495
2014 -- $425,000 $200,000 $225,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14241552

California Regional Multiple Listing Service (CRMLS)

APN: 7120-002-014