NOT LISTED FOR SALE

Estimated Value: $601,000 - $711,205

2 Beds
2 Baths
1,419 Sq Ft
$474/Sq Ft Est. Value

Last Sold June 07, 2013

Last sale price $255,000 $180 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $3,863/month

166 Days on Market

Highlights

  • Modern Architecture
  • No HOA
  • 1 Car Garage
  • Long Beach Polytechnic High School Rated A
  • Floor Furnace
  • 4-minute walk to Craftsman Village Park

About This Home

As of June 2013

Attention all Agents! This is a standard sale ! Property consists of two one bedroom, one bath units. Property shows well.

Last Agent to Sell the Property

Jorge Caceres

Realty World Experts License #01133237 Listed on: 05/15/2013

Realty World Experts

Last Buyer's Agent

Helen Parsa

HomeSmart, Evergreen Realty License #01239947

HomeSmart, Evergreen Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 2,471

Home Design

  • 1,419 Sq Ft Home
  • Modern Architecture
  • Composition Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Car Garage
  • On-Street Parking

Additional Features

  • 2,471 Sq Ft Lot
  • Floor Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 20
  • Assessor Parcel Number 7267020015

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • New Taxes Expense $2,012
  • Gross Income $1,945
  • Net Operating Income $1,945

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • CapRate: 0.73
  • Architectural Style: Modern
  • Property Type: Residential Income
  • Parcel Number: 7267020015
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 179.70

Exterior Features

  • Roof: Composition
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking Features: Garage, Street
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Heating Type: Floor Furnace

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 2471.00
  • Lot Size Acres: 0.0570

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 1945.00
  • Gross Multiplier: 136.25
  • Gross Scheduled Income: 1945.00
  • Lot Size Area: 2471.0000 Square Feet
  • Net Operating Income: 1945.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 1945.00

Tax Info

  • New Taxes Expense: 2012.00
  • Tax Area: 11933
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2017
Sold by
Seyfi Hamid R
Bought by
Seyfi Hamid R and Parsa Helen G
Current Estimated Value
$672,551

Purchase Details

Listed on
May 15, 2013
Closed on
Apr 24, 2013
Sold by
Snailum Kyle R
Bought by
Seyfi Hamid R and Parsa Helen G
Seller's Agent
Jorge Caceres
Realty World Experts
Buyer's Agent
Helen Parsa
HomeSmart, Evergreen Realty
List Price
$265,000
Sold Price
$255,000
Premium/Discount to List
-$10,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%

Purchase Details

Listed on
May 1, 2012
Closed on
Oct 19, 2012
Sold by
Sanchez Sheyla and Schettino Jesus
Bought by
Snailum Kyle
Seller's Agent
Jorge Caceres
Realty World Experts
Buyer's Agent
Jorge Caceres
Realty World Experts
List Price
$179,900
Sold Price
$210,000
Premium/Discount to List
$30,100
16.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.44%

Purchase Details

Closed on
Jul 27, 2005
Sold by
West Roderick Rene and Seashore Enterprises Family Tr
Bought by
Sanchez Sheyla

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
7.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 15, 2003
Sold by
West Rene and The Seashore Family Trust
Bought by
West Roderick R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
7.4%
Mortgage Type
Purchase Money Mortgage
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
Seyfi Hamid R -- None Available
Seyfi Hamid R $245,000 Pacific Coast Title Company
Snailum Kyle $210,000 Ticor Title Co
Sanchez Sheyla $330,000 Fidelity Title Company
West Roderick R $165,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanchez Sheyla $264,000
Previous Owner West Roderick R $129,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2013 06/07/13 Sold $255,000 -3.8% $180 / Sq Ft
05/10/2013 05/10/13 Pending -- -- --
11/25/2012 11/25/12 For Sale $265,000 +26.2% $187 / Sq Ft
11/13/2012 11/13/12 Sold $210,000 +16.7% $148 / Sq Ft View Prior Sale
05/25/2012 05/25/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $179,900 -- $127 / 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 $4,083 $301,687 $209,337 $92,350
2024 $4,083 $295,773 $205,233 $90,540
2023 $4,012 $289,974 $201,209 $88,765
2022 $3,772 $284,289 $197,264 $87,025
2021 $3,690 $278,716 $193,397 $85,319
2019 $3,637 $270,451 $187,661 $82,790
2018 $3,516 $265,149 $183,982 $81,167
2016 $3,234 $254,855 $176,839 $78,016
2015 $3,107 $251,028 $174,183 $76,845
2014 $3,093 $246,111 $170,771 $75,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1206101

California Regional Multiple Listing Service (CRMLS)

APN: 7267-020-015