NOT LISTED FOR SALE

Estimated Value: $1,040,000 - $1,181,000

3 Beds
2 Baths
1,344 Sq Ft
$830/Sq Ft Est. Value

Last Sold March 27, 2018

Last sale price $759,000 $565 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $7,057/month

12 Days on Market

Highlights

  • Craftsman Architecture
  • Bamboo Flooring
  • No HOA
  • Woodrow Wilson High School Rated A
  • Lawn
  • Laundry Room

About This Home

As of March 2018

***Introducing 832 & 834 Grand Ave, Long Beach***Charming duplex featuring 2 bed/1 bath front house with rear 1 bed/1 bath bungalow. Delightful curb appeal with drought friendly landscaping and spacious front yard. Modern kitchen cabinets, newer roof, energy efficient windows, and hardwood floors. Separate outdoor laundry area. Large backyard with entertaining deck and plenty of grassy space. Two separate one car garages with rollup doors. Gated, single car parking pad is a plus! Wonderful, quiet location on tree-lined street.

Last Agent to Sell the Property

Carolyn Faber

Compass License #00948730 Listed on: 01/27/2018

Compass

Co-Listed By

Kristi Faber-Vento

Compass License #01152209

Last Buyer's Agent

Gary Riphagen

ReMax Tiffany Real Estate License #00626163

ReMax Tiffany Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,971

Year Built

  • Built in 1921

Lot Details

  • 5,851 Sq Ft Lot
  • No Common Walls
  • West Facing Home
  • Landscaped
  • Lawn
  • Back Yard

Parking

  • 2 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Front Facing Garage
  • No Driveway
  • Parking Lot

Home Design

  • Duplex
  • Craftsman Architecture
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Bamboo Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • Floor Furnace
  • Wall Furnace
  • Natural Gas Connected
  • Sewer Paid
  • Phone Available

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 11
  • Tax Tract Number 5770
  • Assessor Parcel Number 7254016012

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,400
  • Trash Expense $600
  • Water Sewer Expense $720
  • New Taxes Expense $10,000
  • Operating Expense $12,720
  • Net Operating Income $31,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,971

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 2
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Eastside (ES)
  • View: No
  • Water Sewer Expenses: 720.00
  • Architectural Style: Craftsman
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7254016012
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Bamboo
  • Levels: One
  • Price Per Square Foot: 564.73
  • Window Features: ENERGY STAR Qualified Windows

Exterior Features

  • Direction Faces: West
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front, No Driveway, Parking Space
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: In Closet, Outside
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Lawn
  • Lot Size Sq Ft: 5851.00

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Average1 Bed Area: 592 Square Feet
  • Average2 Bed Area: 752 Square Feet
  • Gross Scheduled Income: 44160.00
  • Insurance Expense: 1400.00
  • Net Operating Income: 31440.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 12720.00
  • Rent Control: No
  • Total Actual Rent: 3680.00
  • Total Expenses: 12720.00

Tax Info

  • New Taxes Expense: 10000.00
  • Tax Lot: 11
  • Tax Tract Number: 5770

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2018
Closed on
Mar 6, 2018
Sold by
Nelson Joshua L and Remeika Katharine P
Bought by
Collier Kenneth Reid
Seller's Agent
Carolyn Faber
Compass
Buyer's Agent
Gary Riphagen
ReMax Tiffany Real Estate
List Price
$759,000
Sold Price
$759,000
Current Estimated Value
$1,121,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,956
Avg. Annual Appreciation
5.35%
Original Mortgage
$607,200
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2010
Sold by
Remeika Katharine P
Bought by
Nelson Joshua L and Remeika Katharine P

Purchase Details

Closed on
May 12, 2010
Sold by
Nelson Joshua L and Remeika Katharine P
Bought by
Remeika Katharine P

Purchase Details

Closed on
Jun 19, 2008
Sold by
Rodriguez Fabiola and Nelson Joshua
Bought by
Nelson Joshua L and Remeika Katharine P

Purchase Details

Closed on
Jul 14, 2006
Sold by
Nelson Joshua and Nelson Katharine R
Bought by
Rodriguez Fabiola and Nelson Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2005
Sold by
Garrana Randa M
Bought by
Rodriguez Fabiola and Nelson Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,950
Interest Rate
5.81%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 24, 2003
Sold by
Koffs David C and The David Koffs Revocable Trus
Bought by
Garrana Randa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,500
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2003
Sold by
Kohn Markell W and Kohn Marie E
Bought by
Nac1031 Exchange Services

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,500
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 1999
Sold by
Koffs David Tr David Koffs Trust
Bought by
Kohn Markell W and Kohn Marie E

Purchase Details

Closed on
Feb 1, 1999
Sold by
Gruber Gerald Arthur
Bought by
Gruber Melinda Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
6.63%

Purchase Details

Closed on
Dec 14, 1998
Sold by
Gruber Melinda C
Bought by
Koffs David C and The David Koffs Revocable Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
6.63%
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
Collier Kenneth Reid $759,000 Ticor Title
Nelson Joshua L -- None Available
Remeika Katharine P -- None Available
Nelson Joshua L -- None Available
Rodriguez Fabiola -- None Available
Nelson Joshua -- North American Title Co
Rodriguez Fabiola $660,000 North American Title Co
Garrana Randa M $430,000 Chicago Title Co
Nac1031 Exchange Services -- Chicago Title Co
Kohn Markell W -- --
Gruber Melinda Carol -- Old Republic Title
Koffs David C -- --
Koffs David C -- Old Republic Title
Koffs David C -- Old Republic Title Company
Koffs David C -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collier Kenneth Reid $591,000
Closed Collier Kenneth Reid $599,000
Closed Collier Kenneth Reid $603,000
Closed Collier Kenneth Reid $607,200
Previous Owner Nelson Joshua $608,000
Previous Owner Rodriguez Fabiola $131,950
Previous Owner Rodriguez Fabiola $527,900
Previous Owner Garrana Randa M $389,000
Previous Owner Garrana Randa M $386,500
Previous Owner Koffs David C $115,500
Closed Nac1031 Exchange Services $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2018 03/27/18 Sold $759,000 0.0% $565 / Sq Ft
02/08/2018 02/08/18 Pending -- -- --
01/27/2018 01/27/18 For Sale $759,000 -- $565 / 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 $10,971 $863,607 $603,047 $260,560
2024 $10,971 $846,674 $591,223 $255,451
2023 $10,788 $830,074 $579,631 $250,443
2022 $10,124 $813,799 $568,266 $245,533
2021 $9,929 $797,843 $557,124 $240,719
2020 $9,904 $789,663 $551,412 $238,251
2019 $9,788 $774,180 $540,600 $233,580
2018 $8,021 $637,344 $494,445 $142,899
2016 $6,832 $565,000 $401,600 $163,400
2015 $5,752 $485,000 $344,700 $140,300
2014 $5,426 $450,000 $319,800 $130,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18019712

California Regional Multiple Listing Service (CRMLS)

APN: 7254-016-012