NOT LISTED FOR SALE

1241 Martin Luther King jr Ave Long Beach, CA 90813

Saint Mary's Neighborhood

Estimated Value: $458,000 - $1,090,000

2 Beds
1 Bath
3,326 Sq Ft
$248/Sq Ft Est. Value

About This Home

This home is located at 1241 Martin Luther King jr Ave, Long Beach, CA 90813 and is currently estimated at $824,000, approximately $247 per square foot. 1241 Martin Luther King jr 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
Dec 5, 2017
Sold by
Leang Bruce and Leang Michelle
Bought by
Leang Bruce and Leang Michelle P
Current Estimated Value
$662,000

Purchase Details

Closed on
Nov 9, 2010
Sold by
Wells Fargo Bank N A
Bought by
Leang Bruce and Leang Michelle

Purchase Details

Closed on
May 14, 2010
Sold by
Barua Jay and Barua Anika
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 29, 2006
Sold by
Barua Jay
Bought by
Barua Jay and Barua Anika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
2.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 29, 2003
Sold by
Cox Dena
Bought by
Barua Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,050
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2002
Sold by
Hud
Bought by
Cox Dena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,125
Interest Rate
6.85%

Purchase Details

Closed on
Aug 23, 2001
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Dec 19, 2000
Sold by
Ortega Lorenzo C
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
May 26, 1999
Sold by
Alvarez Rogelio G
Bought by
Ortega Lorenzo C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,808
Interest Rate
7.7%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 20, 1998
Sold by
Alvarez Yolanda I
Bought by
Alvarez Rogelio G

Purchase Details

Closed on
Feb 13, 1998
Sold by
Zamora Vincent A
Bought by
Zamora Vincent A and Alvarez Rogelio G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.18%

Purchase Details

Closed on
Jul 17, 1995
Sold by
Moody Maceo A and The Clarence & Maceo Moody Fam
Bought by
Moody Maceo A and The Clarence & Maceo Moody Fam
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Leang Bruce -- None Available
Leang Bruce $165,000 Landsafe Title National Defa
Wells Fargo Bank Na $162,000 Landsafe Title
Barua Jay -- New Century Title Company
Barua Jay $199,000 Fatcola
Cox Dena $122,500 --
Hud -- First American Title Ins Co
Chase Manhattan Mtg Corp $141,130 First American Title Ins Co
Ortega Lorenzo C $125,000 First American Title Ins Co
Alvarez Rogelio G -- --
Zamora Vincent A -- Old Republic Title Company
Zamora Vincent A $11,500 Old Republic Title Company
Moody Maceo A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barua Jay $352,000
Previous Owner Barua Jay $328,500
Previous Owner Barua Jay $256,000
Previous Owner Barua Jay $189,050
Previous Owner Cox Dena $104,125
Previous Owner Ortega Lorenzo C $124,808
Previous Owner Alvarez Rogelio G $85,000
Previous Owner Zamora Vincent A $130,000
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 $7,500 $552,359 $147,329 $405,030
2024 $7,500 $541,530 $144,441 $397,089
2023 $7,373 $530,912 $141,609 $389,303
2022 $6,937 $520,503 $138,833 $381,670
2021 $6,784 $510,298 $136,111 $374,187
2019 $6,688 $495,165 $132,075 $363,090
2018 $4,247 $318,347 $129,486 $188,861
2017 $4,201 $312,106 $126,948 $185,158
2016 $2,852 $213,830 $124,459 $89,371
2015 $2,616 $210,619 $122,590 $88,029
2014 $2,604 $206,494 $120,189 $86,305
Source: Public Records

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