NOT LISTED FOR SALE

Estimated Value: $582,493

1 Bed
3 Baths
3,236 Sq Ft
$180/Sq Ft Est. Value

Last Sold April 19, 2012

Last sale price $219,500 $68 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $3,402/month

63 Days on Market

Highlights

  • Spanish Architecture
  • No Heating
  • 3-minute walk to NAACP Freedom Park
  • Long Beach Polytechnic High School Rated A

About This Home

As of April 2012

PLEASE NOTE THAT THE DEPT AND FLOOR HAVE CHANGED AND ARE UPDATED BELOW... The hearing for Court Overbid is Thursday, March 29, 2012 at 1:30 p.m, Dept 4,2nd floor, Superior Court Long Beach Courthouse, 415 W. Ocean Blvd., Long Beach, 90802. Overbid amount is $$210,500, cash only. If you wish to overbid, you must bring a cashier's check for $12,000 made out to The Estate of Myrtle Ingram. Please contact listing agent prior to court to find out details to help you be successful in overbidding. Call me and I'll supply a copy of the Disclosures and City Violations. Feel free to call me with any questions. This is a MIXED USE 4U probate sale. This property consists of a church (commercial unit)on the corner of Hill & Myrtle, and 3 residential units on Myrtle Ave. Property is currently occupied so please do not disturb any of the residents or walk the property. Property has city violations currently, and will be sold in its present 'as is' condition.

Last Agent to Sell the Property

Marty Stone

Buckingham Investments License #00416755 Listed on: 01/27/2012

Co-Listed By

Julaine Waggoner

Julaine Waggoner, Broker License #01265494

Last Buyer's Agent

Mark Straus

AAA Realty Services License #00880885

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 4,797

Parking

  • 2 Parking Spaces

Home Design

  • 3,236 Sq Ft Home
  • Spanish Architecture
  • Stucco

Bedrooms and Bathrooms

  • 1 Bedroom
  • 3 Bathrooms

Additional Features

  • 4,797 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Block 2
  • Assessor Parcel Number 7210004001

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 7210004001
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: Yes
  • Price Per Square Foot: 67.83

Exterior Features

  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 4797.00
  • Lot Size Acres: 0.1100

Multi Family

  • Lot Size Area: 4797.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4

Tax Info

  • Tax Area: 5500
  • Tax Block: 2
  • Tax Lot: 0.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2012
Closed on
Apr 3, 2012
Sold by
Reid Joyce A and Estate Of Myrtle Ingram
Bought by
Straus Mark H
Seller's Agent
Marty Stone
Buckingham Investments
Buyer's Agent
Mark Straus
AAA Realty Services
List Price
$200,000
Sold Price
$219,500
Premium/Discount to List
$19,500
9.75%
Current Estimated Value
$582,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,993
Avg. Annual Appreciation
7.37%
Original Mortgage
$100,000
Outstanding Balance
$68,595
Interest Rate
3.84%
Mortgage Type
Commercial
Estimated Equity
$513,898
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Straus Mark H $219,500 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Straus Mark H $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2012 04/19/12 Sold $219,500 +9.8% $68 / Sq Ft
03/30/2012 03/30/12 Pending -- -- --
01/27/2012 01/27/12 For Sale $200,000 -- $62 / 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 $4,312 $275,690 $145,696 $129,994
2024 $4,312 $270,286 $142,840 $127,446
2023 $4,232 $264,988 $140,040 $124,948
2022 $3,995 $259,794 $137,295 $122,499
2021 $3,890 $254,701 $134,603 $120,098
2020 $3,879 $252,090 $133,223 $118,867
2019 $3,835 $247,148 $130,611 $116,537
2018 $3,649 $242,302 $128,050 $114,252
2016 $3,351 $232,895 $123,079 $109,816
2015 $3,231 $229,398 $121,231 $108,167
2014 $3,212 $224,906 $118,857 $106,049
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P810171

California Regional Multiple Listing Service (CRMLS)

APN: 7210-004-001