NOT LISTED FOR SALE

1040 Elm Ave Long Beach, CA 90813

Saint Mary's Neighborhood

Estimated Value: $666,000 - $7,909,000

-- Bed
-- Bath
60,226 Sq Ft
$71/Sq Ft Est. Value

About This Home

This home is located at 1040 Elm Ave, Long Beach, CA 90813 and is currently estimated at $4,287,500, approximately $71 per square foot. 1040 Elm Ave is a home located in Los Angeles County with nearby schools including Roosevelt Elementary School, Franklin Middle School, and Long Beach Polytechnic High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2019
Sold by
St Marys Medical Plaza Llc
Bought by
Rivers Edge Business Park Corporation and 1011 San Julian Llc
Current Estimated Value
$4,287,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,400,000
Outstanding Balance
$8,268,263
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
-$3,980,763

Purchase Details

Closed on
Sep 11, 1998
Sold by
St Mary Elm Avenue Professional Building
Bought by
Florence Plaza Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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
Rivers Edge Business Park Corporation $9,000,000 Stewart Title
Florence Plaza Llc $3,600,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivers Edge Business Park Corporation $9,400,000
Previous Owner St Marys Medical Plaza Llc $4,500,000
Previous Owner St Marys Medical Plaza Llc $6,000,000
Previous Owner Wesix Llc $5,000,000
Previous Owner 3223 Wesix Llc $5,000,000
Previous Owner 3223 Wesix Llc $3,835,000
Source: Public Records

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 $124,680 $9,842,812 $2,135,889 $7,706,923
2024 $124,680 $9,649,816 $2,094,009 $7,555,807
2023 $122,710 $9,460,604 $2,052,950 $7,407,654
2022 $115,210 $9,275,103 $2,012,697 $7,262,406
2021 $112,760 $9,093,239 $1,973,233 $7,120,006
2020 $112,428 $9,000,000 $1,953,000 $7,047,000
2019 $69,763 $5,403,230 $1,512,902 $3,890,328
2018 $67,666 $5,297,286 $1,483,238 $3,814,048
2016 $61,642 $5,091,588 $1,425,643 $3,665,945
2015 $59,188 $5,015,109 $1,404,229 $3,610,880
2014 $58,698 $4,916,871 $1,376,723 $3,540,148
Source: Public Records

Map

California Los Angeles County Long Beach 90813 Saint Mary's

1040 Elm Ave, Long Beach, CA

This home is located at 1040 Elm Ave, Long Beach, CA 90813 and is currently estimated at $4,287,500, approximately $71 per square foot. 1040 Elm Ave is a home located in Los Angeles County with nearby schools including Roosevelt Elementary School, Franklin Middle School, and Long Beach Polytechnic 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.

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