NOT LISTED FOR SALE

1400 Cherry Ave Long Beach, CA 90813

Cambodia Town Neighborhood

Estimated Value: $3,287,202

-- Bed
-- Bath
20,344 Sq Ft
$162/Sq Ft Est. Value

About This Home

This home is located at 1400 Cherry Ave, Long Beach, CA 90813 and is currently estimated at $3,287,202, approximately $161 per square foot. 1400 Cherry Ave is a home located in Los Angeles County with nearby schools including Nieto Herrera Elementary School, Woodrow Wilson High School, and Creative Arts School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2018
Sold by
Lee Philip
Bought by
Socal Equity Holdings Llc
Current Estimated Value
$3,287,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$182,755
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$3,091,431

Purchase Details

Closed on
Oct 1, 2017
Sold by
Lee Erica and Park Jung
Bought by
Lee Philip

Purchase Details

Closed on
Apr 1, 2016
Sold by
Lee Philip
Bought by
Park Jung and Lee Erica

Purchase Details

Closed on
Jul 23, 2014
Sold by
Hong Eunice
Bought by
Lee Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,585,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 2008
Sold by
Hong Eunice and Hong You S
Bought by
Hong Eunice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,420,000
Interest Rate
5.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 11, 2005
Sold by
Lee Woo Seon
Bought by
Hong Eunice

Purchase Details

Closed on
Sep 17, 2004
Sold by
Park Yeun Sil
Bought by
Hong Eunice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,140,000
Interest Rate
5.73%
Mortgage Type
Commercial

Purchase Details

Closed on
May 22, 2002
Sold by
Abacus Leasing Co Inc
Bought by
Park Yeun Sil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
6.89%
Mortgage Type
Commercial

Purchase Details

Closed on
May 21, 2002
Sold by
Park Youn Suk
Bought by
Park Yeun Sil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
6.89%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Socal Equity Holdings Llc $2,100,000 Provident Title Company
Lee Philip -- None Available
Park Jung -- None Available
Lee Philip $1,550,000 Chicago Title Co
Hong Eunice -- Accommodation
Hong Eunice -- Stewart Title Company
Hong Eunice $1,300,000 Stewart Title
Park Yeun Sil $512,000 --
Park Yeun Sil -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Socal Equity Holdings Llc $100,000
Open Socal Equity Holdings Llc $210,000
Open Socal Equity Holdings Llc $1,260,000
Previous Owner Lee Philip $1,585,000
Previous Owner Lee Eunice $1,350,000
Previous Owner Hong Eunice $1,420,000
Previous Owner Hong Eunice $1,140,000
Previous Owner Park Yeun Sil $150,000
Previous Owner Park Yeun Sil $470,000
Previous Owner Abacus Leasing Co Inc $385,000
Closed Hong Eunice $280,000
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 $36,362 $2,342,585 $1,003,965 $1,338,620
2024 $36,362 $2,296,653 $984,280 $1,312,373
2023 $35,618 $2,251,622 $964,981 $1,286,641
2022 $33,556 $2,207,473 $946,060 $1,261,413
2021 $32,684 $2,164,190 $927,510 $1,236,680
2020 $32,604 $2,142,000 $918,000 $1,224,000
2019 $32,207 $2,100,000 $900,000 $1,200,000
2018 $23,018 $1,726,404 $720,686 $1,005,718
2016 $24,100 $1,573,637 $659,912 $913,725
2015 $23,250 $1,550,000 $650,000 $900,000
2014 $18,147 $1,478,212 $636,768 $841,444
Source: Public Records

Map

California Los Angeles County Long Beach 90804 Cambodia Town

1400 Cherry Ave, Long Beach, CA

This home is located at 1400 Cherry Ave, Long Beach, CA 90813 and is currently estimated at $3,287,202, approximately $161 per square foot. 1400 Cherry Ave is a home located in Los Angeles County with nearby schools including Nieto Herrera Elementary School, Woodrow Wilson High School, and Creative Arts 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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