NOT LISTED FOR SALE

Estimated Value: $1,058,353 - $1,349,000

5 Beds
2 Baths
1,968 Sq Ft
$599/Sq Ft Est. Value

Last Sold February 09, 2017

Last sale price $835,000 $424 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $7,200/month

14 Days on Market

Highlights

  • Open Floorplan
  • Craftsman Architecture
  • Lawn
  • Woodrow Wilson High School Rated A
  • Stone Countertops
  • 2-minute walk to Rose Park

About This Home

As of February 2017

Live in one, rent the other! Totally remodeled two Craftsman homes on one large lot in trendy and historic Rose Park. The front Craftsman home is a 2 bedroom/1 bath bungalow with picturesque large front porch. The kitchen has been remodeled with white shaker cabinets, Carrara marble counters, stainless Whirlpool appliances and subway tile backsplash. The rear Craftsman home is a 3 bed/1 bath home and also has a remodeled kitchen with white shaker cabinets, Carrara marble counters, new stainless Whirlpool appliances and subway tile backsplash. Both homes also have remodeled bathrooms with penny tile floors, subway tile and new vanities. Each home has an open floor plan with many original details including leaded glass windows, built-ins and moldings. There is also new gray wood laminate floors, new designer lighting and new paint. The entire property has copper plumbing and upgraded electrical panels. There is garages with laundry for each and private rear yards. There is a long driveway for parking up to 6 cars too! Great location close to Rose Park, Downtown Long Beach and Belmont Shore. Hurry on this storybook Craftsman duplex, it will sell fast!

Last Agent to Sell the Property

Eric Greene

Keller Williams Coastal Prop. License #01358668 Listed on: 12/16/2016

Keller Williams Coastal Prop.

Last Buyer's Agent

Robert Jackson

Premier Realty Associates License #02018931

Premier Realty Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1917

Lot Details

  • 6,749 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Sprinkler System
  • Lawn
  • Front Yard

Parking

  • 2 Car Garage
  • 6 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Craftsman Architecture
  • Composition Roof
  • Wood Siding
  • Copper Plumbing

Interior Spaces

  • 1,968 Sq Ft Home
  • Open Floorplan
  • Wainscoting
  • Decorative Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Homes

  • Two Homes on a Lot

Utilities

  • Wall Furnace
  • Standard Electricity
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 7258013013

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $10,078
  • Operating Expense $12,478
  • Gross Income $58,800
  • Net Operating Income $46,322

Property Details

Home Type

Multi-Family

Year Built

Built in 1917

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Rose Park
  • Water Sewer Expenses: 1200.00
  • Zoning: LBR2N
  • Architectural Style: Craftsman
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7258013013
  • Year Built: 1917
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Copper Plumbing Full, Open Floorplan, Stone Counters, Wainscoting
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Fireplace Features: Decorative
  • Price Per Square Foot: 424.29
  • Room Type: Kitchen, Walk-In Closet

Exterior Features

  • Other Structures: Two On A Lot
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Lot 6500-9999, Sprinkler System
  • Lot Size Sq Ft: 6749.00

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Average2 Bed Area: 958 Square Feet
  • Average3 Bed Area: 1010 Square Feet
  • Gross Income: 58800.00
  • Gross Scheduled Income: 58800.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 46322.00
  • 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 Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Operating Expense: 12478.00
  • Rent Control: No
  • Total Expenses: 12478.00

Tax Info

  • New Taxes Expense: 10078.00
  • Tax Census Tract: 5769.04
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2016
Closed on
Jan 4, 2017
Sold by
Belle Rose Industries Llc
Bought by
Dunlap Kent Henry and Dunlap Irene Louise
Seller's Agent
Eric Greene
Keller Williams Coastal Prop.
Buyer's Agent
Robert Jackson
Premier Realty Associates
List Price
$839,900
Sold Price
$835,000
Premium/Discount to List
-$4,900
-0.58%
Current Estimated Value
$1,178,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,338
Avg. Annual Appreciation
3.98%

Purchase Details

Closed on
Jul 20, 2016
Sold by
Wilcox Shelly A and The Sanders Family B Trust
Bought by
Belle Rose Industries Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3.48%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 29, 2008
Sold by
Sanders Vesta Lucile and The Sanders Family Revocable T
Bought by
Sanders Vesta Lucile and The Sanders Family B Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dunlap Kent Henry $835,000 Old Republic Title Company
Belle Rose Industries Llc $625,000 Ortc
Sanders Vesta Lucile -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Belle Rose Industries Llc $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2017 02/09/17 Sold $835,000 -0.6% $424 / Sq Ft
12/30/2016 12/30/16 Pending -- -- --
12/16/2016 12/16/16 For Sale $839,900 -- $427 / 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 $12,326 $969,082 $696,348 $272,734
2024 $12,326 $950,082 $682,695 $267,387
2023 $12,122 $931,454 $669,309 $262,145
2022 $11,378 $913,191 $656,186 $257,005
2021 $11,157 $895,286 $643,320 $251,966
2020 $11,128 $886,107 $636,724 $249,383
2019 $10,999 $868,734 $624,240 $244,494
2018 $10,649 $851,700 $612,000 $239,700
2016 $904 $49,646 $26,689 $22,957
2015 $876 $48,902 $26,289 $22,613
2014 $885 $47,946 $25,775 $22,171
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16763227

California Regional Multiple Listing Service (CRMLS)

APN: 7258-013-013