NOT LISTED FOR SALE

Long Beach, CA 90815

Artcraft Manor Neighborhood

Estimated Value: $930,000 - $1,343,000

4 Beds
2 Baths
1,705 Sq Ft
$673/Sq Ft Est. Value

Last Sold May 03, 2013

Last sale price $514,000 $301 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $6,770/month

36 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Bungalow
  • Bixby Elementary School Rated 9+
  • Laundry Room
  • Floor Furnace

About This Home

As of May 2013

An owner occupied pride of ownership duplex. fantastic income potential and investment. New windows all double pane, fresh paint, upgraded kitchen with granite counter , remodeled baths. One two car garage with newer door accessed from the alley. Newer tile floors in kitchens and baths and original hardwood under the carpet. Central location close to CSULB, fwy, restaurants, shops and more.

Last Agent to Sell the Property

Miriam Mann

First Team Real Estate License #01198708 Listed on: 03/27/2013

First Team Real Estate

Co-Listed By

Patrick McGovern

First Team Real Estate License #01227269

Last Buyer's Agent

Bob Stallings

RE/MAX Real Estate Specialists License #00771621

RE/MAX Real Estate Specialists

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,206

Year Built

  • Built in 1949 | Remodeled

Lot Details

  • 6,144 Sq Ft Lot
  • 1 Common Wall
  • Northeast Facing Home
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Bungalow
  • Property Attached
  • Turnkey
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,705 Sq Ft Home
  • 1-Story Property
  • Drapes & Rods
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

Listing and Financial Details

  • Tax Lot 68
  • Tax Tract Number 13984
  • Assessor Parcel Number 7223009022

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • Trash Expense $20
  • Water Sewer Expense $60
  • New Taxes Expense $5,938
  • Gross Income $2,800
  • Net Operating Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,206

Year Built

Built in 1949 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 237500
  • Property Attached: Yes
  • Subdivision Name Other: Artcraft Manor (AM)
  • Water Sewer Expenses: 60.00
  • Architectural Style: Bungalow
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Type: Residential Income
  • Parcel Number: 7223009022
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 301.47
  • Room Type: All Bedrooms Down
  • Window Features: Drapes

Exterior Features

  • Direction Faces: Northeast
  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: In Kitchen
  • Trash Expense: 20.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6144.00
  • Lot Size Acres: 0.1410

Multi Family

  • Average2 Bed Area: 1400
  • Gross Income: 2800.00
  • Gross Scheduled Income: 33600.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 6144.0000 Square Feet
  • Net Operating Income: 26400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7200.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5938.00
  • Taxes Percent: 1.25
  • Tax Lot: 68
  • Tax Tract Number: 13984
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2013
Closed on
Apr 12, 2013
Sold by
Supple Paul
Bought by
Younis Samir and Mohamed Olfat
Seller's Agent
Miriam Mann
First Team Real Estate
Buyer's Agent
Bob Stallings
RE/MAX Real Estate Specialists
List Price
$475,000
Sold Price
$514,000
Premium/Discount to List
$39,000
8.21%
Current Estimated Value
$1,147,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$633,860
Avg. Annual Appreciation
6.07%

Purchase Details

Listed on
Mar 27, 2013
Closed on
Apr 8, 2013
Sold by
Supple Susan
Bought by
Supple Paul and Supple John
Seller's Agent
Miriam Mann
First Team Real Estate
Buyer's Agent
Bob Stallings
RE/MAX Real Estate Specialists
List Price
$475,000
Sold Price
$514,000
Premium/Discount to List
$39,000
8.21%

Purchase Details

Closed on
Apr 6, 2003
Sold by
Supple Leonard
Bought by
Supple Susana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
5.54%

Purchase Details

Closed on
Mar 18, 2003
Sold by
Shaughnessy Joseph
Bought by
Supple Susana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
5.54%

Purchase Details

Closed on
Jul 3, 1997
Sold by
Mcmurray Donald D
Bought by
Shaughnessy Joseph and Shaughnessy Son H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,297
Interest Rate
7.54%
Mortgage Type
VA
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
Younis Samir $514,000 Western Resources Title Co
Supple Paul -- None Available
Supple Susana -- --
Supple Susana $395,000 Fatcola
Shaughnessy Joseph $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Supple Susana $295,000
Previous Owner Shaughnessy Joseph $185,297
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2013 05/03/13 Sold $514,000 +8.2% $301 / Sq Ft
04/12/2013 04/12/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $475,000 -- $279 / 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 $8,206 $632,941 $443,309 $189,632
2024 $8,206 $620,531 $434,617 $185,914
2023 $8,069 $608,365 $426,096 $182,269
2022 $7,575 $596,438 $417,742 $178,696
2021 $7,424 $584,744 $409,551 $175,193
2019 $7,317 $567,402 $397,404 $169,998
2018 $7,078 $556,277 $389,612 $166,665
2016 $6,508 $534,679 $374,484 $160,195
2015 $6,247 $526,648 $368,859 $157,789
2014 $6,206 $516,333 $361,634 $154,699
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Miriam Mann

    First Team Real Estate

    (714) 334-4610

    10 Total Sales

    Miriam Mann
    Section Image

  • P

    Seller Co-Listing Agent in 2013

    Patrick McGovern

    First Team Real Estate

  • B

    Buyer's Agent in 2013

    Bob Stallings

    RE/MAX

    Section Image
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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13040467

California Regional Multiple Listing Service (CRMLS)

APN: 7223-009-022

California Los Angeles County Long Beach 90815

Artcraft Manor

This home since 27 March 2013 and is currently estimated at $1,147,860, approximately $673 per square foot. This property was built in 1949. This home is a home located in Los Angeles County with nearby schools including Bixby Elementary School, Stanford Middle School, and Woodrow Wilson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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