NOT LISTED FOR SALE

1522 E Bailey Way Long Beach, CA 90813

Central Neighborhood

Estimated Value: $509,032 - $607,000

2 Beds
1 Bath
614 Sq Ft
$902/Sq Ft Est. Value

Last Sold April 02, 2018

Last sale price $382,000 $622 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,317/month

1 Day on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Breakfast Bar
  • Long Beach Polytechnic High School Rated A
  • No HOA
  • Laundry in Carport

About This Home

As of April 2018

Calling all first time homebuyers, small families or investors looking for a great opportunity to buy and rent out. This Spanish style home is perfect for the everyday family. It is the perfect fit for those looking for a 2 bedroom, 1 bath home in a great area of Long Beach. Home is close to multiple schools from Pre-K to College. Local restaurants and about 10 minute drive to the Long Beach downtown city life. Property has been recently remodeled with: New kitchen with quartz counters, new stainless steel appliances, original hardwood flooring. New windows, doors, as well as new ceiling fans and recessed lighting throughout the home. Home includes a 1 car garage along with a driveway to fit one additional car and washer/dryer hook-ups in garage. There is a small backyard patio for entertaining.

Last Agent to Sell the Property

Jocelyn Vasquez

Real Estate eBroker Inc. License #01921290 Listed on: 03/12/2018

Last Buyer's Agent

Vanessa Spiva

Keller Williams Hollywood Hills License #01977340

Keller Williams Hollywood Hills

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 1,800 Sq Ft Lot
  • Property is zoned LBR2N

Home Design

  • Spanish Architecture

Interior Spaces

  • 614 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Laundry in Carport

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Driveway

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7268-033-021

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

1,800 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 614
  • Stories: 1
  • Year Built: 1925
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Carport
  • Total Bathrooms: 1.00
  • Equipment: Garbage Disposal, Range/Oven
  • Price Per S Q F T: 594.46

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Garage - 1 Car

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 7268-033-021
  • Geocode Override: No
  • Lot Size Area: 1800

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2019
Sold by
Wright Lance and Wright Lisa
Bought by
Wright Lance and Wright Lisa
Current Estimated Value
$554,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,691
Outstanding Balance
$328,588
Interest Rate
4%
Mortgage Type
FHA
Estimated Equity
$225,420

Purchase Details

Listed on
Mar 12, 2018
Closed on
Mar 20, 2018
Sold by
Taylor Tommie James
Bought by
Gallegos Lisa and Wright Lance
Seller's Agent
Jocelyn Vasquez
Real Estate eBroker Inc.
Buyer's Agent
Vanessa Spiva
Keller Williams Hollywood Hills
List Price
$365,000
Sold Price
$382,000
Premium/Discount to List
$17,000
4.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%
Original Mortgage
$375,081
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 12, 2016
Closed on
Aug 30, 2016
Sold by
Harris Tatiana
Bought by
Taylor Tommie James
Seller's Agent
Tatiana Harris
Broadmoor Realty, Inc.
Buyer's Agent
Jocelyn Vasquez
Real Estate eBroker Inc.
List Price
$329,900
Sold Price
$335,000
Premium/Discount to List
$5,100
1.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%
Original Mortgage
$324,950
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 6, 2016
Closed on
May 25, 2016
Sold by
Mueller Steven R
Bought by
Harris Tatiana
Seller's Agent
Michele Kreinheder
Compass
Buyer's Agent
steven mueller
Broadmoor Realty, Inc.
List Price
$199,000
Sold Price
$218,500
Premium/Discount to List
$19,500
9.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
386.84%
Original Mortgage
$227,500
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 6, 2016
Closed on
May 16, 2016
Sold by
The Gooch Brothers Trust
Bought by
Harris Tatiana
Seller's Agent
Michele Kreinheder
Compass
Buyer's Agent
steven mueller
Broadmoor Realty, Inc.
List Price
$199,000
Sold Price
$218,500
Premium/Discount to List
$19,500
9.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 1995
Sold by
Gooch Daniel P and Gooch Otis
Bought by
Gooch Daniel P and Gooch Brothers Trust
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
Wright Lance -- Bnt Title Company Of Ca
Gallegos Lisa $382,000 California Title Company
Taylor Tommie James $335,000 Old Republic Title Company
Harris Tatiana -- Old Republic Title Company
Harris Tatiana $218,000 Old Republic Title Company
Gooch Daniel P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Lance $373,691
Closed Gallegos Lisa $375,081
Previous Owner Taylor Tommie James $324,950
Previous Owner Harris Tatiana $227,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/02/2018 04/02/18 Sold $382,000 +4.7% $622 / Sq Ft
03/12/2018 03/12/18 For Sale $365,000 +9.0% $594 / Sq Ft
09/07/2016 09/07/16 Sold $335,000 +1.5% $546 / Sq Ft View Prior Sale
07/25/2016 07/25/16 Pending -- -- --
07/12/2016 07/12/16 For Sale $329,900 +51.0% $537 / Sq Ft
06/01/2016 06/01/16 Sold $218,500 +9.8% $356 / Sq Ft View Prior Sale
05/13/2016 05/13/16 Pending -- -- --
05/06/2016 05/06/16 For Sale $199,000 -- $324 / Sq Ft
Source: The MLS

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 $5,593 $434,647 $312,902 $121,745
2024 $5,593 $426,125 $306,767 $119,358
2023 $5,498 $417,770 $300,752 $117,018
2022 $5,160 $409,579 $294,855 $114,724
2021 $5,059 $401,549 $289,074 $112,475
2019 $4,987 $389,640 $280,500 $109,140
2018 $4,355 $341,700 $192,474 $149,226
2016 $1,376 $100,429 $50,455 $49,974
2015 $1,324 $98,922 $49,698 $49,224
2014 $1,322 $96,985 $48,725 $48,260
Source: Public Records

Agents Affiliated with this Home

  • V

    Buyer's Agent in 2018

    Vanessa Spiva

    Keller Williams Hollywood Hills

    Section Image

  • T

    Seller's Agent in 2016

    Tatiana Harris

    Broadmoor Realty, Inc.

  • Michele Kreinheder

    Seller's Agent in 2016

    Michele Kreinheder

    Compass

    (562) 243-2171

    69 Total Sales

    Michele Kreinheder
    Section Image

  • J

    Buyer's Agent in 2016

    Jocelyn Vasquez

    Real Estate eBroker Inc.

    Section Image

  • s

    Buyer's Agent in 2016

    steven mueller

    Broadmoor Realty, Inc.

    Section Image
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Map

Source: The MLS

MLS Number: 18-322198

The MLS

APN: 7268-033-021

California Los Angeles County Long Beach 90813 Central

1522 E Bailey Way, Long Beach, CA

Not Listed for Sale

Detached

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