Seller's Agent in 2017
Eileen Rivera
GE Dean and Associates
(562) 688-9809
77 Total Sales
751 Chestnut Ave Long Beach, CA 90813
Willmore NeighborhoodEstimated Value: $1,503,000 - $1,839,000
14
Beds
8
Baths
4,444
Sq Ft
$383/Sq Ft
Est. Value
Highlights
- Craftsman Architecture
- Corner Lot
- Balcony
- Wood Flooring
- No HOA
- Living Room
About This Home
As of May 2017Classic early 20th century Craftsman 4-plex. Total 14 bedrooms & 8 bathrooms. Fully rented with solid tenants and great ROI. Upgraded electrical, plumbing & heating. Separate meters for electric and gas. Roof is 6 years old. Two single-car garages rented separately. Close to downtown and freeway access.
Last Agent to Sell the Property
GE Dean and Associates License #01208517 Listed on: 03/14/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,011
Year Built
- Built in 1914
Lot Details
- 5,294 Sq Ft Lot
- 1 Common Wall
- East Facing Home
- Corner Lot
- Rectangular Lot
- Front Yard Sprinklers
Parking
- 2 Car Garage
- Parking Available
- Two Garage Doors
Home Design
- Craftsman Architecture
- Quadruplex
- Entry on the 1st floor
- Raised Foundation
- Shingle Roof
- Asphalt Roof
- Wood Siding
- Partial Copper Plumbing
Interior Spaces
- 4,444 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Living Room
Kitchen
- Gas Range
- Formica Countertops
Flooring
- Wood
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 14 Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Balcony
- Exterior Lighting
Utilities
- Wall Furnace
- Overhead Utilities
- Central Water Heater
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 1/2
- Tax Tract Number 11934
- Assessor Parcel Number 7272018010
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $348
- Insurance Expense $1,836
- Maintenance Expense $1,500
- Trash Expense $972
- Water Sewer Expense $1,812
- New Taxes Expense $12,438
- Operating Expense $19,962
- Gross Income $250
- Net Operating Income $52,428
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 18, 2024
Sold by
Mahowald Lisa A and Marshall Christine
Bought by
Younes Basil
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,237,500
Outstanding Balance
$1,224,076
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$482,133
Purchase Details
Closed on
Mar 19, 2024
Sold by
Mahowald Lisa A and Marshall Christine
Bought by
Younes Basil
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,237,500
Interest Rate
7.09%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 14, 2017
Closed on
Apr 5, 2017
Sold by
Betz John M
Bought by
Mahowald Lisa A and Marshall Christine
Seller's Agent
Eileen Rivera
GE Dean and Associates
Buyer's Agent
Matt Mahowald
Buckingham Investments, Inc
List Price
$995,000
Sold Price
$995,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$721,250
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 19, 2013
Sold by
Betz John M
Bought by
Betz John M and Roberts Heidi
Purchase Details
Closed on
Nov 9, 2004
Sold by
Martinez Gorgonio and Martinez Stacy
Bought by
Betz John M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 17, 2004
Sold by
Martinez Gorgonio and Martinez Stacy
Bought by
Martinez Gorgonio
Purchase Details
Closed on
Apr 17, 2003
Sold by
Cornejo Frederico D
Bought by
Martinez Gorgonio and Martinez Stacy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,750
Interest Rate
5.77%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 25, 2001
Sold by
Basinet Michael James
Bought by
Cornejo Frederico D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.99%
Mortgage Type
Commercial
Purchase Details
Closed on
May 1, 2000
Sold by
Ocwen Federal Bank Fsb
Bought by
Basinet Michael James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,375
Interest Rate
7.82%
Purchase Details
Closed on
Feb 18, 2000
Sold by
Yousaf Iftikhar A
Bought by
Amresco Residential Mtg Corp
Purchase Details
Closed on
Aug 18, 1998
Sold by
Phns Inc
Bought by
Yousaf Iftikhar A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.54%
Purchase Details
Closed on
Aug 14, 1998
Sold by
Gasper Robert W and Gasper Carol Ann
Bought by
Phns Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.54%
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 |
|---|---|---|---|
| Younes Basil | $1,650,000 | Old Republic Title Company | |
| Mahowald Lisa A | -- | Old Republic Title Company | |
| Younes Basil | -- | Old Republic Title Company | |
| Younes Basil | $1,650,000 | Old Republic Title Company | |
| Younes Basil | $1,650,000 | Old Republic Title Company | |
| Mahowald Lisa A | $995,000 | Chicago Title Company | |
| Betz John M | -- | None Available | |
| Betz John M | -- | None Available | |
| Betz John M | $800,000 | Fidelity National Title Comp | |
| Martinez Gorgonio | -- | -- | |
| Martinez Gorgonio | $605,000 | Orange Coast Title | |
| Cornejo Frederico D | $387,500 | Chicago Title Co | |
| Basinet Michael James | $192,500 | Chicago Title Co | |
| Amresco Residential Mtg Corp | $175,000 | Landsafe Title | |
| Yousaf Iftikhar A | $330,000 | Equity Title | |
| Phns Inc | $206,000 | Equity Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Younes Basil | $1,237,500 | |
| Previous Owner | Younes Basil | $1,237,500 | |
| Previous Owner | Mahowald Lisa A | $937,500 | |
| Previous Owner | Mahowald Lisa A | $721,250 | |
| Previous Owner | Betz John M | $560,000 | |
| Previous Owner | Martinez Gorgonio | $453,750 | |
| Previous Owner | Cornejo Frederico D | $310,000 | |
| Previous Owner | Basinet Michael James | $144,375 | |
| Previous Owner | Yousaf Iftikhar A | $264,000 | |
| Closed | Cornejo Frederico D | $77,500 | |
| Closed | Betz John M | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2017 05/19/17 | Sold | $995,000 | 0.0% | $224 / Sq Ft |
| 04/01/2017 04/01/17 | Pending | -- | -- | -- |
| 03/14/2017 03/14/17 | For Sale | $995,000 | -- | $224 / 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 | $15,011 | $1,683,000 | $1,009,800 | $673,200 |
| 2024 | $15,011 | $1,132,135 | $679,282 | $452,853 |
| 2023 | $14,759 | $1,109,937 | $665,963 | $443,974 |
| 2022 | $13,862 | $1,088,174 | $652,905 | $435,269 |
| 2021 | $13,574 | $1,066,838 | $640,103 | $426,735 |
| 2019 | $13,380 | $1,035,197 | $621,118 | $414,079 |
| 2018 | $12,566 | $980,043 | $588,026 | $392,017 |
| 2016 | $11,545 | $941,990 | $565,194 | $376,796 |
| 2015 | $11,085 | $927,842 | $556,705 | $371,137 |
| 2014 | $11,014 | $909,667 | $545,800 | $363,867 |
Source: Public Records
Agents Affiliated with this Home
-
Eileen Rivera
-
Matt Mahowald
Buyer's Agent in 2017
Matt Mahowald
Buckingham Investments, Inc
(310) 982-7055
28 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS17050124
APN: 7272-018-010
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