NOT LISTED FOR SALE

Estimated Value: $844,092 - $1,125,000

3 Beds
3 Baths
1,700 Sq Ft
$567/Sq Ft Est. Value

Last Sold December 28, 2016

Last sale price $570,000 $335 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,980/month

Highlights

  • 1,760 Sq Ft lot
  • No HOA
  • Balcony
  • Long Beach Polytechnic High School Rated A
  • Beamed Ceilings
  • Crown Molding

About This Home

As of December 2016

Beautiful 1918 3 story units, with original crown moldings, doors, giant upstairs deck, separate laundry rooms, located in the "arts district" with walking distance to: shops restaurants, transportation, beach, and downtown.

Last Agent to Sell the Property

Frank Marshall

License #00682236 Listed on: 11/12/2016

Last Buyer's Agent

Frank Marshall

License #00682236 Listed on: 11/12/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,413

Year Built

  • Built in 1918

Lot Details

  • 1,760 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Bungalow
  • Property Attached
  • Turnkey
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,700 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • Beamed Ceilings
  • Laundry Room

Kitchen

  • Built-In Range
  • Tile Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Urban Location

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 7281
  • Tax Tract Number 2
  • Assessor Parcel Number 7281005002

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,413

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Maintained
  • Subdivision Name Other: Alamitos Beach (AB)
  • Zoning: LBPD30
  • Architectural Style: Bungalow
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 7281005002
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Beamed Ceilings, Crown Molding, Stone Counters, Tile Counters
  • Stories: 3
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Carpet
  • Appliances: Yes
  • Price Per Square Foot: 335.29

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Private: No
  • Spa: No
  • Construction Materials: Wood Siding

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 1760.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 1
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5762.00
  • Tax Lot: 7281
  • Tax Tract Number: 002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2021
Sold by
Ray Paul Mullio Family Trust and Mullio Nancy L
Bought by
Mullio Properties Llc
Current Estimated Value
$964,273

Purchase Details

Closed on
Aug 2, 2017
Sold by
Mullio Ray
Bought by
Mullio Ray Paul and Mullio Nancy L

Purchase Details

Listed on
Nov 12, 2016
Closed on
Dec 20, 2016
Sold by
Madden Cheryl
Bought by
Mullio Ray and Mullio Nancy L
Seller's Agent
Frank Marshall
Buyer's Agent
Frank Marshall
List Price
$599,900
Sold Price
$570,000
Premium/Discount to List
-$29,900
-4.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%
Original Mortgage
$410,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2007
Sold by
Madden Cheryl and Ruhlin Julie
Bought by
Madden Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2005
Sold by
Jennings Richard J and Jennings Kathryn P
Bought by
Madden Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
1.37%
Mortgage Type
Fannie Mae Freddie Mac
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
Mullio Properties Llc -- Accommodation/Courtesy Recordi
Mullio Ray Paul -- None Available
Mullio Ray $570,000 Ticor Title
Madden Cheryl -- North American Title Co
Madden Cheryl $550,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mullio Ray $410,000
Previous Owner Madden Cheryl $465,000
Previous Owner Madden Cheryl $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2016 12/28/16 Sold $570,000 -5.0% $335 / Sq Ft
11/12/2016 11/12/16 Pending -- -- --
11/12/2016 11/12/16 For Sale $599,900 -- $353 / 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 $10,413 $822,646 $530,390 $292,256
2024 $10,413 $806,517 $519,991 $286,526
2023 $10,238 $790,704 $509,796 $280,908
2022 $9,605 $775,200 $499,800 $275,400
2021 $7,644 $611,153 $428,880 $182,273
2020 $7,624 $604,888 $424,483 $180,405
2019 $7,519 $593,028 $416,160 $176,868
2018 $7,326 $581,400 $408,000 $173,400
2016 $4,385 $355,000 $160,000 $195,000
2015 $3,877 $320,000 $144,200 $175,800
2014 $3,927 $320,000 $144,200 $175,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16745909

California Regional Multiple Listing Service (CRMLS)

APN: 7281-005-002