NOT LISTED FOR SALE

Estimated Value: $618,000 - $898,000

3 Beds
3 Baths
1,722 Sq Ft
$445/Sq Ft Est. Value

About This Home

This home is located at 1518 W Summit St, Long Beach, CA 90810 and is currently estimated at $765,667, approximately $444 per square foot. 1518 W Summit St is a home located in Los Angeles County with nearby schools including Garfield Elementary School, Juan Rodriguez Cabrillo High School, and We the People High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2022
Sold by
Herrera Ernesto
Bought by
Herrera Family Trust
Current Estimated Value
$751,667

Purchase Details

Closed on
Apr 5, 2002
Sold by
Herrera Ernesto and Herrera Eduardo
Bought by
Herrera Ernesto

Purchase Details

Closed on
Dec 2, 1999
Sold by
Urban Angels Tutoring
Bought by
Herrera Ernesto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,692
Interest Rate
8.14%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 22, 1999
Sold by
Hud
Bought by
Urban Angel Tutoring

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,800
Interest Rate
7.82%

Purchase Details

Closed on
Jun 7, 1999
Sold by
Jimenez Marcelo and Jimenez Margaret
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Mar 10, 1999
Sold by
Emc Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Jul 24, 1996
Sold by
Sanchez Palemon M
Bought by
Jimenez Marcelo and Jimenez Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,880
Interest Rate
8.23%

Purchase Details

Closed on
Dec 1, 1994
Sold by
Resolution Trust Corp
Bought by
Bank Of America National Tr & Svgs Assn and Security Pacific National Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
9.08%

Purchase Details

Closed on
Nov 28, 1994
Sold by
Bank Of America National Tr & Svgs Assn
Bought by
Sanchez Palemon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
9.08%

Purchase Details

Closed on
Jun 27, 1994
Sold by
G S L Financial
Bought by
Guardian Fed Svgs Assn and Guardian S&L Assn
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
Herrera Family Trust -- --
Herrera Ernesto -- Commerce Title
Martinez Karina -- Commerce Title
Herrera Ernesto $160,000 United Title Company
Urban Angel Tutoring $97,000 Provident Title
Emc Mtg Corp $188,764 Landsafe Title
Hud -- Landsafe Title
Jimenez Marcelo $159,000 Commonwealth Title
Bank Of America National Tr & Svgs Assn -- Old Republic Title Company
Sanchez Palemon M $53,000 Old Republic Title Company
Guardian Fed Svgs Assn $66,457 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herrera Ernesto $158,692
Previous Owner Urban Angel Tutoring $98,800
Previous Owner Jimenez Marcelo $155,880
Previous Owner Sanchez Palemon M $48,000
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 $3,560 $245,890 $136,162 $109,728
2024 $3,560 $241,070 $133,493 $107,577
2023 $3,494 $236,344 $130,876 $105,468
2022 $3,294 $231,710 $128,310 $103,400
2021 $3,215 $227,168 $125,795 $101,373
2019 $3,168 $220,432 $122,065 $98,367
2018 $2,999 $216,111 $119,672 $96,439
2016 $2,759 $207,722 $115,026 $92,696
2015 $2,655 $204,603 $113,299 $91,304
2014 $2,653 $200,596 $111,080 $89,516
Source: Public Records

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