NOT LISTED FOR SALE

Estimated Value: $1,132,000 - $1,398,450

8 Beds
4 Baths
4,056 Sq Ft
$310/Sq Ft Est. Value

Sale Details

Date Sold: September 14, 2016

Last sale price $758,800 $187 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $7,938 / mo

5 Days on Market

Highlights

  • No HOA
  • Paved or Partially Paved Lot
  • Heating Available

About This Home

As of September 2016

Hidden Gem in North Long Beach! Conveniently located for freeway access from the 91, 605 and 5. Across the street to McKinley Elementary School. Great investment property, or live in one and rent the other 3 units.

Last Agent to Sell the Property

Khammy Lim

First City Realty License #01263976 Listed on: 05/18/2016

Last Buyer's Agent

Khammy Lim

First City Realty License #01263976 Listed on: 05/18/2016

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 5,502 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 3 Car Garage

Home Design

  • 4,056 Sq Ft Home
  • Tar and Gravel Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Heating Available

Listing and Financial Details

  • Tax Lot 75
  • Tax Tract Number 7420
  • Assessor Parcel Number 7113005055

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $840
  • Insurance Expense $1,300
  • Trash Expense $1,320
  • Water Sewer Expense $1,320
  • New Taxes Expense $9,210
  • Gross Income $4,960
  • Net Operating Income $45,035

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

5,502 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley
  • Water Sewer Expenses: 1320.00
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 7113005055
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 187.08

Exterior Features

  • Pool Private: No
  • Roof: Tar/Gravel
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Electric
  • Trash Expense: 1320.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Paved
  • Lot Size Sq Ft: 5502.00
  • Price Per Lot Square Foot: 136.10

Multi Family

  • Gross Income: 4960.00
  • Gross Scheduled Income: 59520.00
  • Insurance Expense: 1300.00
  • Net Operating Income: 45035.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 14485.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 9210.00
  • Tax Lot: 75
  • Tax Tract Number: 7420

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

Closed on
May 26, 2016
Sold by
Bought by
Current Estimated Value
$1,259,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,100
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2003
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
$412,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2002
Sold by
Bought by

Purchase Details

Closed on
Apr 29, 2002
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
$361,593
Interest Rate
6.51%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 1998
Sold by
Bought by

Purchase Details

Closed on
Sep 18, 1998
Sold by
Bought by

Purchase Details

Closed on
Oct 15, 1993
Sold by
Bought by

Purchase Details

Closed on
Sep 24, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Mc Kinley, CA

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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
$759,000 Lawyers Title
$515,000 Commonwealth Land Title Co
-- --
$375,000 Commerce Title
-- Fidelity National Title Ins
$166,000 Fidelity National Title Ins
-- Fidelity National Title
-- Fidelity National Title
-- Fidelity National Title Comp
$308,000 Fidelity National Title
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 $569,100
Previous Owner $412,000
Previous Owner $361,593
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
09/14/2016 09/14/16 Sold $758,800 +1.3% $187 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $748,800 -- $185 / 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 $12,209 $880,647 $191,495 $689,152
2024 $11,658 $863,381 $187,741 $675,640
2023 $11,461 $846,453 $184,060 $662,393
2022 $10,771 $829,856 $180,451 $649,405
2021 $10,541 $813,585 $176,913 $636,672
2020 $10,513 $805,243 $175,099 $630,144
2019 $10,391 $789,455 $171,666 $617,789
2018 $10,057 $773,976 $168,300 $605,676
2016 $7,790 $618,528 $164,537 $453,991
2015 $7,485 $609,238 $162,066 $447,172
2014 $7,446 $597,305 $158,892 $438,413
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16106781

California Regional Multiple Listing Service (CRMLS)

APN: 7113-005-055

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