NOT LISTED FOR SALE

Estimated Value: $1,121,000 - $1,186,464

3 Beds
2 Baths
2,166 Sq Ft
$527/Sq Ft Est. Value

Last Sold November 08, 2022

Last sale price $980,000 $452 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,028/month

14 Days on Market

Highlights

  • Primary Bedroom Suite
  • Views of Trees
  • Retreat
  • Longfellow Elementary School Rated A-
  • Art Deco Architecture
  • 2-minute walk to Somerset Park

About This Home

As of November 2022

Nestled between Lakewood and Bixby Knolls, the neighborhood of Bixby Terrace is a great location for working from home or easy access to freeways on commute days. In the mornings you'll see parents walking their kids to the neighborhood award winning elementary school and Middle Schoolers walking to their own award winning school. Evenings and weekends you can walk in any direction and find great shopping and restaurants that are a blend of national brands and longtime local institutions like, Trader Joes, Blackbirds Cafe, and Catalano's Pizzaria. Play pickle ball or pick-up basketball around the corner at Somerset Park. You're invited to join a community where neighbors still gather for occasional happy hours and care for their neighborhood by looking out for each other. This beautiful home in desirable Bixby Terrace has a spacious, natural light filled living room with gleaming hardwood floors and a gorgeous fireplace. This lovely home features 2 bedrooms one bath on the first floor, and a master retreat with large closet and beautiful tree top views on the second floor. The living/dinning room combination gives the feel of an open floor plan and the beautiful light filled kitchen has a breakfast nook/area surrounded by gable windows. The separate laundry room has a wall of cabinets that may be used as a pantry, to store your countertop appliances, table linens, ect. The Art Deco style home is true to it's era and adorned with gable windows, some interior rounded walls, and tile work in the bathrooms are specific to vintage Long Beach. The home has been upgraded with central AC and the roof replaced as of 2016. There is a 2 car garage and a long driveway for ample parking. For those who like to entertain outdoors, there's a covered patio and the garage could be converted to a bonus room for entertaining. Enjoy living in the most sought after Bixby Terrace in your well maintained, comfortable, and beautiful home. Buyer is advised to independently investigate all aspects of the property (including but not limited to permits and uses, bed/bath counts, square footage, lot lines, schools and their availability)

Last Agent to Sell the Property

Dunia Handy Gill

Coldwell Banker Realty License #01262913 Listed on: 09/09/2022

Coldwell Banker Realty

Last Buyer's Agent

nisha singh

No Firm Affiliation License #01128787

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 6,065 Sq Ft Lot
  • Lot Dimensions are 55x110
  • Property is zoned LBR1N

Parking

  • 2 Car Detached Garage

Home Design

  • Art Deco Architecture
  • Composition Roof

Interior Spaces

  • 2,166 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Area
  • Views of Trees
  • Attic Fan

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Security Lights

Outdoor Features

  • Shed

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7137-016-011

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Art Deco
  • Street Number Display: Yes
  • Living Area: 2166
  • Lot Acreage: 0.1392
  • Lot Dimensions: 55x110
  • Stories: 1
  • Year Built: 1941
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Carpet, Laminate
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: WalkInCloset, Master Bedroom, Master Retreat, Master Suite
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Equipment: Alarm System, Attic Fan, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Washer, Water Filter
  • Fireplace: Yes
  • Price Per S Q F T: 461.22

Exterior Features

  • Other Structures: Shed(s)
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Detached
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Exterior Security Lights, Prewired for alarm system

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 7137-016-011
  • Lot Size Area: 6065

MLS Schools

  • School District: Long Beach Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Sep 27, 2022
Sold by
Alfaro Ange-Marie and Alfaro Asael
Bought by
Patel Karan and Patel Navinbhaf
Seller's Agent
Dunia Handy Gill
Coldwell Banker Realty
Buyer's Agent
nisha singh
No Firm Affiliation
List Price
$999,000
Sold Price
$980,000
Premium/Discount to List
-$19,000
-1.9%
Views
19
Current Estimated Value
$1,140,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,866
Avg. Annual Appreciation
4.94%
Original Mortgage
$762,700
Outstanding Balance
$737,146
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$403,720

Purchase Details

Closed on
Apr 1, 2020
Sold by
Drake George A and Drake Mary J
Bought by
Alfaro Ange Marie and Alfaro Asael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,400
Interest Rate
3.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Patel Karan $959,000 Equity Title
Alfaro Ange Marie $788,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Karan $762,700
Previous Owner Alfaro Ange Marie $630,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2022 11/08/22 Sold $980,000 -1.9% $452 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
09/09/2022 09/09/22 For Sale $999,000 +26.8% $461 / Sq Ft
06/03/2020 06/03/20 Sold $788,000 -1.3% $364 / Sq Ft View Prior Sale
03/25/2020 03/25/20 Pending -- -- --
02/25/2020 02/25/20 Price Changed $798,000 +1.1% $368 / Sq Ft
02/25/2020 02/25/20 For Sale $789,000 -- $364 / Sq Ft
Source: The MLS

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 $12,610 $997,431 $768,231 $229,200
2024 $12,610 $977,874 $753,168 $224,706
2023 $12,402 $958,700 $738,400 $220,300
2022 $10,119 $812,085 $594,121 $217,964
2021 $9,920 $796,163 $582,472 $213,691
2020 $4,195 $320,273 $129,378 $190,895
2019 $4,146 $313,994 $126,842 $187,152
2018 $3,970 $307,838 $124,355 $183,483
2016 $3,640 $295,886 $119,527 $176,359
2015 $3,497 $291,442 $117,732 $173,710
2014 $3,476 $285,734 $115,426 $170,308
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-198077

The MLS

APN: 7137-016-011