NOT LISTED FOR SALE

Estimated Value: $860,000 - $1,147,000

5 Beds
3 Baths
2,039 Sq Ft
$509/Sq Ft Est. Value

Last Sold July 31, 2015

Last sale price $570,000 $280 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $6,156/month

125 Days on Market

Highlights

  • City Lights View
  • Fireplace in Guest House
  • Granite Countertops
  • 0.32 Acre Lot
  • Wood Flooring
  • No HOA

About This Home

As of July 2015

3 great homes on huge 14,000 sq. ft. lot ,this is a rare opportunity to find a property with 1/3 of an ACRE !!!!!!!
The main home is a 3 bed. 1 bath home, 1032 sq. ft. everything on it is completely new. It was stripped down to the studs within the last year and rebuilt. All new plumbing, all new electrical, newer roof , new drywall, with bull nose corners and edges, beautiful brand new custom kitchen with granite countertops and a separate breakfast bar with granite countertop and cabinets under it for extra storage, all stainless steel appliances including fridge, 5 burner stove, dishwasher, sink, all new fixtures, beautiful custom tile back slash, all new lights, beautiful hardwood in the living room, hallway and all 3 bedrooms, 2 ceiling fans in the living room with remote control, all 3 bedrooms have new ceiling fans, the bathroom is huge with a granite topped vanity with dual sinks, new bath/shower, new toilet ,new fixtures throughout, new exhaust fan in bath, new medicine cabinet,
all new dual pane vinyl windows throughout , new stamped concrete driveway and walkway for the 3 bed home , including a 2 car garage with new garage door,nice big yards for all 3 homes, this is your golden opportunity !!

Last Agent to Sell the Property

Karl Luecke

RE/MAX College Park Realty License #01126558 Listed on: 01/30/2015

Last Buyer's Agent

Hilda Villalobos

Hilda Villalobos, Broker License #01503372

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100 x 140
  • No Common Walls
  • No Units Located Below
  • East Facing Home
  • Chain Link Fence

Parking

  • 4 Car Garage

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 2,039 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Doors
  • Living Room
  • Storage
  • City Lights Views

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer Hookup

Accessible Home Design

  • Halls are 36 inches wide or more
  • No Interior Steps
  • Accessible Parking

Utilities

  • Wall Furnace
  • High-Efficiency Water Heater
  • Phone Available

Additional Features

  • Outdoor Fireplace
  • Fireplace in Guest House

Listing and Financial Details

  • Legal Lot and Block 65 / 1959
  • Tax Tract Number 6607
  • Assessor Parcel Number 7116008079

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $100
  • Insurance Expense $100
  • Other Expense $100
  • Trash Expense $100
  • Water Sewer Expense $100
  • New Taxes Expense $400
  • Gross Income $3,850
  • Net Operating Income $40,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: North Long Beach (NLB)
  • View: Yes
  • Water Sewer Expenses: 100.00
  • Zoning: 4992
  • Property Type: Residential Income
  • Parcel Number: 7116008079
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Storage
  • Stories: 1
  • Common Walls: No Common Walls, No One Below
  • Flooring: Tile, Wood
  • Accessibility Features: 36 Inch Or More Wide Halls, No Interior Steps, Parking
  • Appliances: Yes
  • Door Features: Insulated Doors
  • Fireplace Features: Guest House, Outside
  • Levels: One
  • Price Per Square Foot: 279.55
  • Room Type: All Bedrooms Down, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: East
  • View: City Lights
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Sewer Available, Phone Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, High Efficiency Water Heater, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Individual Room, Outside, Washer Hookup
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size: 100 X 140
  • Lot Size Sq Ft: 13836.00
  • Price Per Lot Square Foot: 41.20
  • Lot Size Acres: 0.3180

Multi Family

  • Average1 Bed Area: 470
  • Average3 Bed Area: 1032
  • Average Studio Area: 500
  • Electric Expense: 100.00
  • Gross Income: 3850.00
  • Gross Scheduled Income: 46200.00
  • Insurance Expense: 100.00
  • Lot Size Area: 13836.0000 Square Feet
  • Net Operating Income: 40000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 6200.00
  • Other Expense: 100.00
  • Other Expense Description: termite
  • Rent Control: No

Tax Info

  • New Taxes Expense: 400.00
  • Tax Area: 457
  • Tax Block: 1959
  • Taxes Percent: 1.25
  • Tax Lot: 65
  • Tax Tract Number: 6607
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2015
Closed on
Jun 3, 2015
Sold by
Gamez Trinity
Bought by
Gomez Martin and Gomez Francisca
Seller's Agent
Karl Luecke
RE/MAX College Park Realty
Buyer's Agent
Hilda Villalobos
Hilda Villalobos, Broker
List Price
$599,900
Sold Price
$570,000
Premium/Discount to List
-$29,900
-4.98%
Current Estimated Value
$1,037,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$467,599
Avg. Annual Appreciation
5.88%
Original Mortgage
$408,526
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 8, 2014
Sold by
Gamez Trinity
Bought by
Gamez Trinity

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
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2014
Sold by
Webster Charleen D
Bought by
Gamez Trinity

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
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2007
Sold by
Webster Charleen and Estate Of Pearl Laura Peterson
Bought by
Webster Charleen
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
Gomez Martin $570,000 Old Republic Title Company
Gamez Trinity -- Chicago Title Company
Gamez Trinity -- Chicago Title Company
Gamez Trinity -- None Available
Webster Charleen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gomez Martin $408,526
Previous Owner Gamez Trinity $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2015 07/31/15 Sold $570,000 -5.0% $280 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
01/30/2015 01/30/15 For Sale $599,900 -- $294 / 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 $9,411 $716,813 $438,000 $278,813
2024 $9,411 $702,759 $429,412 $273,347
2023 $9,251 $688,981 $420,993 $267,988
2022 $8,696 $675,473 $412,739 $262,734
2021 $8,518 $662,230 $404,647 $257,583
2020 $8,495 $655,440 $400,498 $254,942
2019 $8,396 $642,590 $392,646 $249,944
2018 $8,082 $629,992 $384,948 $245,044
2016 $7,096 $570,000 $370,000 $200,000
2015 $5,549 $448,791 $305,994 $142,797
2014 $1,339 $71,759 $41,377 $30,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15021098

California Regional Multiple Listing Service (CRMLS)

APN: 7116-008-079