NOT LISTED FOR SALE

Estimated Value: $728,000 - $890,000

4 Beds
2 Baths
1,909 Sq Ft
$411/Sq Ft Est. Value

Last Sold December 10, 2015

Last sale price $462,000 $242 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,738/month

13 Days on Market

Highlights

  • Granite Countertops
  • No HOA
  • Laundry Room
  • Private Yard
  • Recessed Lighting
  • Landscaped

About This Home

As of December 2015

LAST CALL AGENTS! Beautiful duplex back in the market !! Both gorgeous units feature two bedrooms each and one bathroom. Both units have been updated kitchen and bathroom granite counters, new flooring, window coverings, stove, microwave, dishwasher, laundry hook-ups inside and much more!! Spacious front AND back yard!. The features on this property are just phenomenon!! Must see to appreciate! It won't last in this demanding market. Great for first time home buyers with option to live in one and rent the back unit! The back unit has its own carport and front unit has its own long driveway with garage. Agent seller is very motivated to sell! Bring all offers", please make a note that the seller has reduced final sales price to 469,900!! THIS PROPERTY WONT LAST!

Last Agent to Sell the Property

Oscar Loera

Oscar G. Loera License #01434624 Listed on: 10/16/2015

Last Buyer's Agent

Gary Ballou

Keller Williams Realty License #01099218

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 5,099 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Front Yard Sprinklers
  • Private Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 1,909 Sq Ft Home
  • Ceiling Fan
  • Recessed Lighting
  • Family Room with Fireplace
  • Dining Room with Fireplace

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 30
  • Tax Tract Number 6603
  • Assessor Parcel Number 7304013035

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,200
  • Trash Expense $48
  • New Taxes Expense $3,500
  • Gross Income $2,400
  • Net Operating Income $26,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Property Type: Residential Income
  • Parcel Number: 7304013035
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Recessed Lighting
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Fireplace Features: Dining Room, Family Room
  • Levels: One
  • Price Per Square Foot: 242.01

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Trash Expense: 48.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Front Yard, Landscaped, Sprinklers In Front, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 5099.00
  • Price Per Lot Square Foot: 90.61
  • Lot Size Acres: 0.1170

Multi Family

  • Gross Income: 2400.00
  • Gross Scheduled Income: 288000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5099.0000 Square Feet
  • Net Operating Income: 26400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 2400.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 3500.00
  • Taxes Percent: 99.99
  • Tax Lot: 30
  • Tax Tract Number: 6603
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2024
Sold by
Gray Derrick E
Bought by
Gray Living Trust and Gray
Current Estimated Value
$783,730

Purchase Details

Listed on
Oct 16, 2015
Closed on
Oct 27, 2015
Sold by
Velez Juan M
Bought by
Gray Derrick E
Seller's Agent
Oscar Loera
Oscar G. Loera
Buyer's Agent
Gary Ballou
Keller Williams Realty
List Price
$469,900
Sold Price
$462,000
Premium/Discount to List
-$7,900
-1.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Original Mortgage
$462,000
Interest Rate
3.73%
Mortgage Type
VA

Purchase Details

Listed on
Dec 21, 2012
Closed on
Nov 29, 2012
Sold by
Canterbury Lots 68 Llc
Bought by
Velez Juan M
Seller's Agent
RUBEN PINA
FRONTIER BROKERS, INC.
Buyer's Agent
Octavio Aguirre
Realty One Group Homelink
List Price
$289,900
Sold Price
$290,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.55%
Original Mortgage
$284,747
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 13, 2012
Closed on
Aug 2, 2012
Sold by
Us Bank National Association
Bought by
Canterbury Lots 68 Llc
Seller's Agent
Randy Abrams
Podley Properties
Buyer's Agent
DANIEL POCIUS
FRONTIER BROKERS, INC.
List Price
$173,000
Sold Price
$200,000
Premium/Discount to List
$27,000
15.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
124.28%

Purchase Details

Closed on
Apr 27, 2011
Sold by
Vinzon Ernesto C
Bought by
U S Bank National Association

Purchase Details

Closed on
May 24, 2007
Sold by
Erdle Rosely
Bought by
Vinzon Ernesto C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
1.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 1999
Sold by
Erdle Rosely A
Bought by
Vinzon Ernesto C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,935
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 1994
Sold by
Blancaflor Celedonio P
Bought by
Vinzon Ernesto C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.98%
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
Gray Living Trust -- None Listed On Document
Gray Derrick E $462,000 Old Republic Title Company
Velez Juan M $290,000 Orange Coast Title Company
Canterbury Lots 68 Llc $200,000 Lsi Title Company
U S Bank National Association $190,018 None Available
Vinzon Ernesto C -- New Century Title Company
Vinzon Ernesto C -- Landsafe Title
Vinzon Ernesto C -- Landsafe Title
Vinzon Ernesto C $140,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gray Derrick E $462,000
Previous Owner Velez Juan M $284,747
Previous Owner Vinzon Ernesto C $372,000
Previous Owner Vinzon Ernesto C $105,935
Previous Owner Vinzon Ernesto C $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2015 12/10/15 Sold $462,000 -1.7% $242 / Sq Ft
10/29/2015 10/29/15 Pending -- -- --
10/16/2015 10/16/15 For Sale $469,900 +62.0% $246 / Sq Ft
01/24/2013 01/24/13 Sold $290,000 0.0% $152 / Sq Ft View Prior Sale
01/09/2013 01/09/13 Pending -- -- --
12/21/2012 12/21/12 For Sale $289,900 0.0% $152 / Sq Ft
11/30/2012 11/30/12 Pending -- -- --
11/20/2012 11/20/12 For Sale $289,900 +45.0% $152 / Sq Ft
08/10/2012 08/10/12 Sold $200,000 +15.6% $198 / Sq Ft View Prior Sale
07/31/2012 07/31/12 Pending -- -- --
07/13/2012 07/13/12 For Sale $173,000 -- $171 / 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 $7,676 $601,878 $355,136 $246,742
2024 $7,676 $590,077 $348,173 $241,904
2023 $7,553 $578,508 $341,347 $237,161
2022 $6,457 $515,365 $334,654 $180,711
2021 $6,336 $505,261 $328,093 $177,168
2019 $6,243 $490,276 $318,362 $171,914
2018 $6,009 $480,664 $312,120 $168,544
2016 $5,543 $462,000 $300,000 $162,000
2015 $3,603 $297,136 $165,884 $131,252
2014 $3,580 $291,316 $162,635 $128,681
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15227328

California Regional Multiple Listing Service (CRMLS)

APN: 7304-013-035