NOT LISTED FOR SALE

1503 E Bailey Way Long Beach, CA 90813

Central Neighborhood

Estimated Value: $485,000 - $534,000

1 Bed
1 Bath
484 Sq Ft
$1,063/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $420,000 $868 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,185/month

6 Days on Market

Highlights

  • Art Studio
  • Wood Flooring
  • No HOA
  • Long Beach Polytechnic High School Rated A
  • Granite Countertops
  • 4-minute walk to Rosa Parks Park

About This Home

As of November 2021

Adorable 1 bedroom 1 bathroom bungalow close to the beach. Upgraded electricity and plumbing, a tankless water heater and even a brand new roof. The kitchen was recently updated with quartz countertops. Garage is converted to an extra room or work/flex space. In the back is a private garden area. This is a great starter home with charm.

Last Agent to Sell the Property

Lucas Junkin

The Collective Realty License #01714904 Listed on: 11/09/2021

The Collective Realty

Last Buyer's Agent

Jane Castillo

License #02041887

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937 | Under Construction

Lot Details

  • 1,634 Sq Ft Lot
  • Lot Dimensions are 33x50
  • Cul-De-Sac
  • Property is zoned LBR2N

Home Design

  • Bungalow

Interior Spaces

  • 484 Sq Ft Home
  • 1-Story Property
  • Art Studio
  • Wood Flooring

Kitchen

  • Oven or Range
  • Freezer
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Tandem Parking
  • Shared Driveway

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7268-032-030

Home Details

Home Type

Single Family

Year Built

Built in 1937 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Street Number Display: Yes
  • Advertising Remarks: Text listings agent for showings.
  • Living Area: 484
  • Lot Acreage: 0.0375
  • Lot Dimensions: 33x50
  • Property Condition: Under Construction
  • Stories: 1
  • Year Built: 1937
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Flooring: Wood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Kitchen Features: Granite Counters
  • Laundry: Outside
  • Total Bathrooms: 1.00
  • Equipment: Dryer, Refrigerator, Freezer, Gas Dryer Hookup, Washer, Range/Oven
  • Price Per S Q F T: 803.72

Exterior Features

  • Other Structures: None
  • Foundation Details: FHA Approved
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Shared Driveway, Tandem
  • Total Parking: 1

Utilities

  • Cooling: Wall/Window

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 7268-032-030
  • Lot Location: Cul-De-Sac
  • Lot Size Area: 1634

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2016
Closed on
Jan 31, 2017
Sold by
Nacif Evelyn
Bought by
Selter Jared and Cheadle Isla
Seller's Agent
Dominic Adams
Keller Williams Realty
Buyer's Agent
Lucas Junkin
The Collective Realty
List Price
$299,000
Sold Price
$259,000
Premium/Discount to List
-$40,000
-13.38%
Current Estimated Value
$514,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,355
Avg. Annual Appreciation
8.07%
Original Mortgage
$246,050
Outstanding Balance
$202,768
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$311,587

Purchase Details

Closed on
Dec 3, 2016
Sold by
Visconti Jorge
Bought by
Nacif Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,050
Outstanding Balance
$202,768
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$311,587

Purchase Details

Closed on
Aug 10, 2005
Sold by
Isma Fely C
Bought by
Nacif Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.48%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Selter Jared $259,000 First American Title
Nacif Evelyn -- First American Title
Nacif Evelyn $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Selter Jared $246,050
Previous Owner Nacif Evelyn $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2021 11/30/21 Sold $420,000 +8.0% $868 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
11/09/2021 11/09/21 For Sale $389,000 +50.2% $804 / Sq Ft
02/28/2017 02/28/17 Sold $259,000 0.0% $535 / Sq Ft View Prior Sale
01/24/2017 01/24/17 Pending -- -- --
09/21/2016 09/21/16 Price Changed $259,000 -3.7% $535 / Sq Ft
08/31/2016 08/31/16 Price Changed $269,000 -10.0% $556 / Sq Ft
08/18/2016 08/18/16 For Sale $299,000 -- $618 / 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 $5,875 $445,705 $356,565 $89,140
2024 $5,624 $436,967 $349,574 $87,393
2023 $5,526 $428,400 $342,720 $85,680
2022 $5,184 $420,000 $336,000 $84,000
2021 $3,484 $277,696 $222,158 $55,538
2019 $3,432 $269,462 $215,570 $53,892
2018 $3,326 $264,180 $211,344 $52,836
2016 $3,481 $290,000 $232,700 $57,300
2015 $2,557 $216,000 $173,300 $42,700
2014 $2,259 $187,000 $150,000 $37,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lucas Junkin

    The Collective Realty

    Section Image
  • Jane Castillo

    Buyer's Agent in 2021

    Jane Castillo

    (310) 779-0019

    1 in this area

    24 Total Sales

    Jane Castillo
    Section Image
  • Dominic Adams

    Seller's Agent in 2017

    Dominic Adams

    Keller Williams Realty

    (714) 330-8364

    40 Total Sales

    Dominic Adams
    Section Image
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Map

Source: The MLS

MLS Number: 21-103645

The MLS

APN: 7268-032-030

California Los Angeles County Long Beach 90813 Central

1503 E Bailey Way, Long Beach, CA

Not Listed for Sale

Detached

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