NOT LISTED FOR SALE

Estimated Value: $738,000 - $845,000

2 Beds
1 Bath
954 Sq Ft
$815/Sq Ft Est. Value

Last Sold January 19, 2022

Last sale price $695,000 $729 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,972/month

8 Days on Market

Highlights

  • RV Access or Parking
  • Open Floorplan
  • Outdoor Fireplace
  • Updated Kitchen
  • Deck
  • Quartz Countertops

About This Home

As of January 2022

Welcome to 1242 E 56th. This stunning Spanish bungalow has been tastefully renovated offering you today’s desirable conveniences including an upgraded kitchen, bathroom, and new appliances while still preserving many of the original components of the 1930’s era. As you arrive, you will notice the custom built fence and elongated driveway that provide both ample parking and added privacy to the large backyard. Entering through the solid dutch door, you'll quickly notice the massive, original arched window lightening up the open living room, dining area, and kitchen. With the open layout, pantry, indoor laundry, and storage space, you can bet every inch of square footage is utilized. The fresh and airy openness continues through the two bedrooms that are complimented by two sizable windows offering generous natural light we all wish for. As you make your way back through the home, you will notice the laundry area conveniently located and tucked away; included with the home, along with the stove, dishwasher, and fridge! Lastly, we open the door back to your own sanctuary. Entertaining your family and friends could not get any better in this very private, thoughtfully designed backyard including a modern fire pit, large 12x20 ft. wooden deck under an oversized shade sail, and a play area for the kids; all under intimate and hardwired lighting throughout. Surrounded by modern, drought-resistant landscaping and mature cacti throughout both the back and front yards, this is your most quintessential 1930’s Spanish Bungalow you’ve been waiting for. Take advantage of this opportunity to own a move-in ready home in the up and coming, North Long Beach!

Last Agent to Sell the Property

Ryan Tan

Circa Properties, Inc. License #02008954 Listed on: 12/01/2021

Circa Properties, Inc.

Last Buyer's Agent

Kristi Allen

The Elite Group License #01467106

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,244

Year Built

  • Built in 1930

Lot Details

  • 4,957 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LBR1N

Parking

  • 1 Car Garage
  • Driveway
  • On-Street Parking
  • RV Access or Parking

Home Design

  • Bungalow

Interior Spaces

  • 954 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Fireplace
  • Family Room Off Kitchen
  • Dining Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Gas Range
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower
  • Linen Closet In Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Fireplace

Schools

  • Jordan High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • No Utilities
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • North Long Beach Subdivision

Listing and Financial Details

  • Tax Lot 107
  • Tax Tract Number 5464
  • Assessor Parcel Number 7128013006
  • $327 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,244

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Number: 7147322420
  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Zoning: LBR1N
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7128013006
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 954.00 Square Feet
  • Interior Amenities: Open Floorplan, Pantry
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Outside
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 728.51
  • Room Type: All Bedrooms Down, Walk-In Closet
  • Bathroom Features: Bathtub, Shower In Tub, Linen Closet/Storage
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Concrete, Covered, Deck, Slab, Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking Features: Driveway, Garage, RV Access/Parking, Street
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: None
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Long Beach Unified
  • High School: Jordan
  • High School: Jordan
  • High School2: JORDAN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4957.00
  • Lot Size Acres: 0.1138

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4957.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5706.02
  • Tax Lot: 107
  • Tax Tract Number: 5464
  • TaxOtherAnnualAssessmentAmount: 327.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Jan 6, 2022
Sold by
Farwell and Anita
Bought by
Cordell Marquita Monica and Cordell John Frederick
Seller's Agent
Ryan Tan
Circa Properties, Inc.
Buyer's Agent
Kristi Allen
The Elite Group
List Price
$649,000
Sold Price
$695,000
Premium/Discount to List
$46,000
7.09%
Current Estimated Value
$777,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,153
Avg. Annual Appreciation
3.14%
Original Mortgage
$652,471
Outstanding Balance
$602,561
Interest Rate
3.11%
Mortgage Type
FHA
Estimated Equity
$174,592

Purchase Details

Listed on
Jan 28, 2016
Closed on
Feb 4, 2016
Sold by
Trimar Properties Llc
Bought by
Farwell Ian and Le Anita
Seller's Agent
Sergio Vargas
Circle Real Estate
Buyer's Agent
Chris Kim
Keller Williams Pacific Estate
List Price
$374,900
Sold Price
$385,000
Premium/Discount to List
$10,100
2.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.59%
Original Mortgage
$365,750
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 6, 2015
Closed on
Oct 28, 2015
Sold by
Quihano Asti K H
Bought by
Trimar Properties Llc
Seller's Agent
Dennis Serrao
Elite Agent Realty
Buyer's Agent
Alisa Clum
Cal Beach Real Estate
List Price
$290,000
Sold Price
$250,260
Premium/Discount to List
-$39,740
-13.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
242.36%

Purchase Details

Closed on
Oct 16, 2006
Sold by
Nebel Janice E and Calmet Janice E
Bought by
Quihano Asti K H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2004
Sold by
Ging Jack C and Ging Joyce E
Bought by
Calmet Janice E

Purchase Details

Closed on
Jan 21, 2003
Sold by
Ging Jack
Bought by
Ging Jack C

Purchase Details

Closed on
Apr 8, 1999
Sold by
Ging Jack and Ging Family Trust
Bought by
Ging Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.04%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 6, 1996
Sold by
Ging Charles L
Bought by
Ging Charles L and Ging Myrtle C
Source: Public Records

Range of Values:

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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
Cordell Marquita Monica $695,000 First American Title Company O
Farwell Ian $385,000 Chicago Title Company
Trimar Properties Llc $250,500 Chicago Title Company
Quihano Asti K H $400,000 Lawyers Title
Calmet Janice E -- None Available
Ging Jack C -- --
Ging Jack -- Continental Title
Ging Jack -- Continental Title
Ging Charles L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cordell Marquita Monica $652,471
Previous Owner Farwell Ian $428,000
Previous Owner Farwell Ian $331,000
Previous Owner Farwell Ian $326,314
Previous Owner Farwell Ian $365,750
Previous Owner Quihano Asti K H $320,000
Previous Owner Ging Jack $35,800
Previous Owner Ging Jack $85,000
Previous Owner Ging Jack C $72,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2022 01/19/22 Sold $695,000 -2.9% $729 / Sq Ft
12/09/2021 12/09/21 Pending -- -- --
12/09/2021 12/09/21 Price Changed $716,000 +10.3% $751 / Sq Ft
12/01/2021 12/01/21 For Sale $649,000 +68.6% $680 / Sq Ft
03/08/2016 03/08/16 Sold $385,000 +2.7% $404 / Sq Ft
02/02/2016 02/02/16 Pending -- -- --
01/28/2016 01/28/16 For Sale $374,900 -2.6% $393 / Sq Ft
01/28/2016 01/28/16 Off Market $385,000 -- --
11/03/2015 11/03/15 Sold $250,260 -13.7% $262 / Sq Ft
02/16/2015 02/16/15 Pending -- -- --
02/06/2015 02/06/15 For Sale $290,000 -- $304 / 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 $9,244 $737,537 $553,949 $183,588
2024 $9,244 $723,077 $543,088 $179,989
2023 $9,175 $708,900 $532,440 $176,460
2022 $5,451 $429,471 $302,415 $127,056
2021 $5,343 $421,051 $296,486 $124,565
2019 $5,267 $408,564 $287,693 $120,871
2018 $5,100 $400,553 $282,052 $118,501
2016 $3,137 $250,260 $180,000 $70,260
2015 $3,964 $338,000 $237,000 $101,000
2014 $3,695 $310,000 $217,000 $93,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21254037

California Regional Multiple Listing Service (CRMLS)

APN: 7128-013-006