M
Seller's Agent in 2016
Mike Dunfee
Engel & Völkers Long Beach
744 Lime Ave Long Beach, CA 90813
Saint Mary's NeighborhoodEstimated Value: $1,195,000 - $1,417,000
2
Beds
1
Bath
3,328
Sq Ft
$386/Sq Ft
Est. Value
Highlights
- No HOA
- Long Beach Polytechnic High School Rated A
- Living Room
About This Home
As of July 2016Attractive Multi-Unit Investment Opportunity. Features Four Spacious 2BR Units in Building with Hardwood Floors, Built-In's, and Newer Roof. Additional Upgrades Include: Replacement of Nearly All Windows, New Heaters and Remodeled Baths in Downstairs Units, and Upgraded Kitchen Cabinets/Counter in One Unit. Outdoor Patio Area for One Unit. Separately Metered Gas and Electricity. Refrigerators and Stoves Are Included in the Sale. Walking Distance to the Supermarket and Public Transportation.
Last Agent to Sell the Property
Mike Dunfee
Engel & Völkers Long Beach License #01191497 Listed on: 06/02/2016
Last Buyer's Agent
Mike Dunfee
Engel & Völkers Long Beach License #01191497 Listed on: 06/02/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1922
Lot Details
- 2,941 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Property Attached
Interior Spaces
- 3,328 Sq Ft Home
- Living Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Location
- Urban Location
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 5763
- Assessor Parcel Number 7274020002
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,261
- Pest Control $828
- Water Sewer Expense $1,140
- New Taxes Expense $8,613
- Gross Income $56,280
- Net Operating Income $41,624
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 2, 2016
Closed on
Jul 21, 2016
Sold by
Patel Kinnery
Bought by
Motlf Llc
Seller's Agent
Mike Dunfee
Engel & Völkers Long Beach
Buyer's Agent
Mike Dunfee
Engel & Völkers Long Beach
List Price
$689,000
Sold Price
$703,000
Premium/Discount to List
$14,000
2.03%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$535,800
Avg. Annual Appreciation
6.62%
Original Mortgage
$527,250
Outstanding Balance
$421,176
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$865,005
Purchase Details
Listed on
Jun 2, 2016
Closed on
Jun 30, 2016
Sold by
Ludden Erin L
Bought by
Patel Kinnery
Seller's Agent
Mike Dunfee
Engel & Völkers Long Beach
Buyer's Agent
Mike Dunfee
Engel & Völkers Long Beach
List Price
$689,000
Sold Price
$703,000
Premium/Discount to List
$14,000
2.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,250
Outstanding Balance
$421,176
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$865,005
Purchase Details
Listed on
Aug 1, 2010
Closed on
Mar 13, 2012
Sold by
Britto Andres
Bought by
Ludden Erin
Seller's Agent
Kami Khorouzan
Khorouzan Realty
Buyer's Agent
George Takis
West Shores Realty, Inc.
List Price
$759,000
Sold Price
$400,000
Premium/Discount to List
-$359,000
-47.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.87%
Original Mortgage
$300,000
Interest Rate
3.83%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 1, 2010
Closed on
Mar 2, 2012
Sold by
Azam Sahgir
Bought by
Ludden Erin
Seller's Agent
Kami Khorouzan
Khorouzan Realty
Buyer's Agent
George Takis
West Shores Realty, Inc.
List Price
$759,000
Sold Price
$400,000
Premium/Discount to List
-$359,000
-47.3%
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
3.83%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 20, 2004
Sold by
Azam Sumaiya
Bought by
Azam Saghir
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,500
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 10, 2004
Sold by
Huynh Mimi
Bought by
Azam Sahgir
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,500
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 30, 2003
Sold by
Stockstill Charles and Stockstill Barbara
Bought by
Huynh Mimi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 15, 2003
Sold by
Being Alive Foundation
Bought by
Stockstill Charles
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,200
Interest Rate
5.85%
Purchase Details
Closed on
Aug 25, 2000
Sold by
Russell Paula
Bought by
Forester G Larry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,010
Interest Rate
7.66%
Purchase Details
Closed on
Jan 30, 1996
Sold by
Russell James B
Bought by
Russell James B and James B Russell Revocable Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Motlf Llc | -- | None Available | |
| Patel Kinnery | $703,000 | Ticor Title Company | |
| Ludden Erin | -- | Lawyers Title | |
| Ludden Erin | $400,000 | Lawyers Title | |
| Azam Saghir | -- | -- | |
| Azam Sahgir | $645,000 | Alliance Title | |
| Huynh Mimi | $495,000 | North American Title Co | |
| Stockstill Charles | $354,000 | Ort | |
| Forester G Larry | $219,000 | First Southwestern Title Co | |
| Russell James B | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patel Kinnery | $527,250 | |
| Previous Owner | Ludden Erin | $300,000 | |
| Previous Owner | Azam Sahgir | $451,500 | |
| Previous Owner | Huynh Mimi | $396,000 | |
| Previous Owner | Stockstill Charles | $283,200 | |
| Previous Owner | Forester G Larry | $197,010 | |
| Closed | Azam Sahgir | $96,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/22/2016 07/22/16 | Sold | $703,000 | +2.0% | $211 / Sq Ft | |
| 06/09/2016 06/09/16 | Pending | -- | -- | -- | |
| 06/02/2016 06/02/16 | For Sale | $689,000 | +72.3% | $207 / Sq Ft | |
| 03/21/2012 03/21/12 | Sold | $400,000 | -47.3% | $120 / Sq Ft | View Prior Sale |
| 01/26/2012 01/26/12 | Pending | -- | -- | -- | |
| 08/01/2010 08/01/10 | For Sale | $759,000 | -- | $228 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,730 | $815,886 | $568,684 | $247,202 |
| 2024 | $10,730 | $799,889 | $557,534 | $242,355 |
| 2023 | $10,545 | $784,205 | $546,602 | $237,603 |
| 2022 | $9,905 | $768,830 | $535,885 | $232,945 |
| 2021 | $9,693 | $753,756 | $525,378 | $228,378 |
| 2019 | $9,554 | $731,601 | $509,796 | $221,805 |
| 2018 | $9,305 | $717,260 | $499,800 | $217,460 |
| 2016 | $5,491 | $424,413 | $297,090 | $127,323 |
| 2015 | $5,280 | $418,039 | $292,628 | $125,411 |
| 2014 | $5,259 | $409,851 | $286,896 | $122,955 |
Source: Public Records
Agents Affiliated with this Home
-
-
Kami Khorouzan
Seller's Agent in 2012
Kami Khorouzan
Khorouzan Realty
(949) 702-9000
8 Total Sales
-
George Takis
Buyer's Agent in 2012
George Takis
West Shores Realty, Inc.
(310) 698-2568
11 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW16118317
APN: 7274-020-002
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