NOT LISTED FOR SALE

Estimated Value: $1,131,685

3 Beds
2 Baths
1,064 Sq Ft
$1,064/Sq Ft Est. Value

Last Sold October 15, 2014

Last sale price $515,000 $484 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $6,650/month

Highlights

  • 0.17 Acre Lot
  • No HOA
  • Living Room
  • Property is near public transit
  • Neighborhood Views
  • 3-minute walk to Drake Park

About This Home

As of May 2021

This is a great opportunity for a very spacious 3 bedroom and 2 bath. This unit has brand new carpet, full fresh paint, lots of natural light, large laundry room with w/d hook ups, eating area next to kitchen and lots of storage. The master bedroom has its own separate full bathroom. There is a 1 car garage with additional storage space and a shared back yard. Yard has numerous fruit trees.

Last Agent to Rent the Property

Mike Dunfee

Dunfee Real Estate Services License #01191497 Listed on: 05/12/2021

Last Renter's Agent

Mike Dunfee

Dunfee Real Estate Services License #01191497 Listed on: 05/12/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,091

Year Built

  • Built in 1906

Lot Details

  • 7,562 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,064 Sq Ft Home
  • Living Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Additional Features

  • Exterior Lighting
  • Property is near public transit

Community Details

  • No Home Owners Association
  • 2 Units
  • Downtown Subdivision

Listing and Financial Details

  • Security Deposit $2,195
  • 12-Month Minimum Lease Term
  • Available 5/12/21
  • Legal Lot and Block 6 / K
  • Tax Tract Number 11934
  • Assessor Parcel Number 7271023026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,091

Year Built

Built in 1906

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2021-05-12
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 2195
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Duplex
  • Other Phone Description: 5629726763
  • Other Phone Number: 5629726763
  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: LBPD10
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Parcel Number: 7271023026
  • Year Built: 1906
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1064.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2.06
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Near Public Transit, Walkstreet
  • Lot Size Sq Ft: 7562.00
  • Lot Size Acres: 0.1736

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 7562.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: K
  • Tax Census Tract: 5758.01
  • Tax Lot: 6
  • Tax Tract Number: 11934

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2014
Closed on
Sep 5, 2014
Sold by
Sanchez Edward M
Bought by
Gao Ning and Zhang Haihong
Seller's Agent
Juan Galvez
Mi Casita Realty
Buyer's Agent
Juan Galvez
Mi Casita Realty
List Price
$545,000
Sold Price
$515,000
Premium/Discount to List
-$30,000
-5.5%
Current Estimated Value
$1,131,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$616,685
Avg. Annual Appreciation
4.95%
Original Mortgage
$412,000
Outstanding Balance
$140,669
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$732,977

Purchase Details

Closed on
Mar 3, 1994
Sold by
Home Svgs Bank Fsb
Bought by
Sanchez Edward M
Source: Public Records

Range of Values:

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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
Gao Ning $515,000 Western Resources Title Co
Sanchez Edward M $39,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gao Ning $412,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Rented $2,195 -89.6% --
05/12/2021 05/12/21 For Rent $21,195 0.0% --
10/15/2014 10/15/14 Sold $515,000 -5.5% $198 / Sq Ft
09/15/2014 09/15/14 Pending -- -- --
07/18/2014 07/18/14 For Sale $545,000 -- $210 / 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 $8,091 $618,942 $432,662 $186,280
2024 $8,091 $606,807 $424,179 $182,628
2023 $7,957 $594,910 $415,862 $179,048
2022 $7,477 $583,246 $407,708 $175,538
2021 $7,325 $571,811 $399,714 $172,097
2019 $7,222 $554,853 $387,859 $166,994
2018 $6,946 $543,974 $380,254 $163,720
2016 $6,385 $522,853 $365,490 $157,363
2015 $6,113 $515,000 $360,000 $155,000
2014 $1,910 $138,633 $124,777 $13,856
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21100493

California Regional Multiple Listing Service (CRMLS)

APN: 7271-023-026