NOT LISTED FOR SALE

Estimated Value: $819,000 - $948,000

3 Beds
3 Baths
1,635 Sq Ft
$541/Sq Ft Est. Value

Last Sold August 30, 2017

Last sale price $545,000 $333 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,263/month

198 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • Back Yard

About This Home

As of August 2017

2 on a lot, stretching block to block, in North Long Beach NOT subject to rent control. 1st unit is a two bedroom, 2 bath with a two car garage and is currently vacant. 2nd unit is one bedroom on bath and currently has a great tenant. Both units have separate front and back yards. Both properties have new exterior paint. Live in one, rent the other or rent both out. Either way, this property is a winner. ******DO NOT DISTURB TENANT IN ONE BED ROOM UNIT--TEXT AGENT TO MAKE ARRANGEMENTS TO SEE ONE BED ROOM UNIT******* ******LOCK BOX LOCATED ON FRONT DOOR FOR TWO BED ROOM UNIT******

Last Agent to Sell the Property

Samitha Perry-Givens

Sunbelt Properties License #01320098 Listed on: 01/13/2017

Last Buyer's Agent

Keston Barker

Choice Real Estate License #01136831

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,024

Year Built

  • Built in 1928

Lot Details

  • 5,536 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • 1,635 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Listing and Financial Details

  • Tax Lot 7116
  • Tax Tract Number 10255
  • Assessor Parcel Number 7116012022

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $700
  • Trash Expense $300
  • Operating Expense $1,000
  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,024

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7116012022
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 333.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot
  • Lot Size Sq Ft: 5536.00

Multi Family

  • Gross Scheduled Income: 26400.00
  • Insurance Expense: 700.00
  • Net Operating Income: 18000.00
  • 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
  • Total Expenses: 1000.00

Tax Info

  • Tax Census Tract: 5702.02
  • Tax Lot: 7116
  • Tax Tract Number: 10255

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2017
Closed on
Aug 1, 2017
Sold by
Perry Adrienne
Bought by
Sunny Rohit Roger and Barajas Yeira E Sunny
Seller's Agent
Samitha Perry-Givens
Sunbelt Properties
Buyer's Agent
Keston Barker
Choice Real Estate
List Price
$539,000
Sold Price
$545,000
Premium/Discount to List
$6,000
1.11%
Current Estimated Value
$843,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,231
Avg. Annual Appreciation
6.28%
Original Mortgage
$535,128
Interest Rate
3.96%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 19, 2003
Sold by
Perry Bernard and Perry Adrienne
Bought by
Perry Adrienne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2002
Sold by
Perry Bernard
Bought by
Perry Bernard and Perry Adrienne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
8.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 13, 2000
Sold by
Bergevin Robert M and Bergevin Maxine A
Bought by
Perry Bernard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,749
Interest Rate
8.37%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 8, 1998
Sold by
Bergevin Robert M and Bergevin Maxine A
Bought by
Bergevin Robert M and Bergevin Maxine A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sunny Rohit Roger $545,000 Pacific Coast Title
Perry Adrienne -- Orange Coast Title
Perry Bernard -- First American Title Co
Perry Bernard $183,000 California Counties Title Co
Bergevin Robert M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sunny Rohit Roger $521,800
Closed Sunny Rohit Roger $517,000
Closed Sunny Rohit Roger $535,128
Previous Owner Perry Adrienne $404,000
Previous Owner Perry Adrienne $263,000
Previous Owner Perry Adrienne $232,000
Previous Owner Perry Bernard $191,250
Previous Owner Perry Bernard $188,097
Previous Owner Perry Bernard $181,749
Closed Perry Bernard $22,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2017 08/30/17 Sold $545,000 +1.1% $333 / Sq Ft
01/13/2017 01/13/17 For Sale $539,000 -- $330 / 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 $8,024 $620,111 $341,347 $278,764
2024 $8,024 $607,953 $334,654 $273,299
2023 $7,890 $596,034 $328,093 $267,941
2022 $7,409 $584,348 $321,660 $262,688
2021 $7,261 $572,891 $315,353 $257,538
2020 $7,242 $567,018 $312,120 $254,898
2019 $7,158 $555,900 $306,000 $249,900
2018 $6,920 $545,000 $300,000 $245,000
2016 $3,002 $232,929 $76,368 $156,561
2015 $2,887 $229,431 $75,221 $154,210
2014 $2,876 $224,938 $73,748 $151,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17163298

California Regional Multiple Listing Service (CRMLS)

APN: 7116-012-022