K
Seller's Agent in 2018
Kevin Boling
1st California Real Estate
1541 Elm Ave Long Beach, CA 90813
Central NeighborhoodEstimated Value: $933,000 - $1,108,873
5
Beds
4
Baths
2,702
Sq Ft
$379/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Craftsman Architecture
- Wood Flooring
- Long Beach Polytechnic High School Rated A
- Property is near public transit
- Main Floor Primary Bedroom
About This Home
As of November 2018Classic 1912 built 3 bedroom 1 1/2 bath California Craftsman style home with warmth and charm throughout in front home with two 1 bedroom income producing apartment units at the back of the lot. Front home has original archways, craftsman doorways and frames, pillars, brick fireplace, beautiful built in cabinetry, hardwood floors, tray ceiling, bay window in dining area, chair rail, and lots of character. Great “Value Add” investment opportunity or Live in the front home and earn with the two back apartment units, 4 garages, and laundry facility. Near Downtown and minutes to the Ocean and the Beach. Walk a couple blocks to Poly High School. Blue Line is only a block away. Great location near schools, parks, freeways, restaurants, stores, and entertainment.
Last Agent to Sell the Property
Kevin Boling
1st California Real Estate License #01080243 Listed on: 08/31/2018
Last Buyer's Agent
Eileen Rivera
GE Dean and Associates License #01208517
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1912
Lot Details
- 5,692 Sq Ft Lot
- Property fronts an alley
- No Common Walls
- Privacy Fence
- Vinyl Fence
- Wood Fence
- Fence is in good condition
- Level Lot
- Front Yard
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
- Side Facing Garage
- Driveway Level
- On-Street Parking
- Off-Street Parking
Home Design
- Triplex
- Craftsman Architecture
- Bungalow
- Turnkey
- Brick Exterior Construction
- Brick Foundation
- Raised Foundation
- Interior Block Wall
- Shingle Roof
- Partial Copper Plumbing
- Concrete Perimeter Foundation
- Plaster
- Stucco
Interior Spaces
- 2,702 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Chair Railings
- Crown Molding
- Wainscoting
- Coffered Ceiling
- Tray Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Drapes & Rods
- Bay Window
- Wood Frame Window
- Casement Windows
- Window Screens
- Panel Doors
- Formal Entry
- Family Room with Fireplace
- Living Room with Fireplace
- Neighborhood Views
- Attic
Kitchen
- Gas Oven
- Gas Cooktop
- Dishwasher
- Granite Countertops
- Tile Countertops
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Window Bars
- Home Security System
- Storm Windows
- Fire and Smoke Detector
Accessible Home Design
- No Interior Steps
- More Than Two Accessible Exits
- Accessible Parking
Outdoor Features
- Exterior Lighting
- Rain Gutters
Additional Homes
- Two Homes on a Lot
Location
- Property is near public transit
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Whole House Fan
- Floor Furnace
- Natural Gas Connected
- Gas Water Heater
- Central Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for all utilities, electricity, gas, sewer, trash collection, water
- Tax Lot 7
- Tax Tract Number 148
- Assessor Parcel Number 7269023003
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Amenities
- Laundry Facilities
Building Details
- 1 Leased Unit
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Insurance Expense $1,000
- Trash Expense $450
- Water Sewer Expense $750
- New Taxes Expense $600
- Operating Expense $3,200
- Gross Income $3,600
- Net Operating Income $9,720
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 13, 2024
Sold by
Schuchmann Jacob and Schuchmann Jacob W
Bought by
Schuchmann Jacob and Shah Gopi
Current Estimated Value
Purchase Details
Closed on
Apr 9, 2024
Sold by
Schuchmann Jacob and Schuchmann Jacob W
Bought by
Schuchmann Jacob and Shah Gopi
Purchase Details
Listed on
Aug 31, 2018
Closed on
Oct 11, 2018
Sold by
Mcgaughran Lorraine M
Bought by
Schuchmann Jacob W
Seller's Agent
Kevin Boling
1st California Real Estate
Buyer's Agent
Eileen Rivera
GE Dean and Associates
List Price
$779,900
Sold Price
$760,000
Premium/Discount to List
-$19,900
-2.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%
Original Mortgage
$608,000
Interest Rate
4.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 7, 2014
Sold by
Mcgaughran Gregory
Bought by
Mcgaughran Lorraine M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,500
Interest Rate
2.9%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
Aug 29, 2013
Sold by
Buskirk Gosnell Mcguughran Lorraine Marie and The Marie T Buskirk Revocable
Bought by
Mcgaughran Lorraine M
Purchase Details
Closed on
Jan 14, 1999
Sold by
Buskirk Marie T
Bought by
Buskirk Marie T and Marie T Buskirk Revocable Trus
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schuchmann Jacob | -- | None Listed On Document | |
| Schuchmann Jacob | -- | None Listed On Document | |
| Schuchmann Jacob W | $760,000 | Chicago Title Company | |
| Mcgaughran Lorraine M | -- | Chicago Title Insurance Co | |
| Mcgaughran Lorraine M | -- | None Available | |
| Buskirk Marie T | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Schuchmann Jacob W | $608,000 | |
| Previous Owner | Mcgaughran Lorraine M | $742,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/16/2018 11/16/18 | Sold | $760,000 | -2.6% | $281 / Sq Ft |
| 10/10/2018 10/10/18 | Pending | -- | -- | -- |
| 08/31/2018 08/31/18 | For Sale | $779,900 | -- | $289 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $11,029 | $847,790 | $334,654 | $513,136 |
| 2024 | $11,029 | $831,168 | $328,093 | $503,075 |
| 2023 | $10,843 | $814,871 | $321,660 | $493,211 |
| 2022 | $10,185 | $798,894 | $315,353 | $483,541 |
| 2021 | $9,894 | $783,230 | $309,170 | $474,060 |
| 2020 | $9,867 | $775,200 | $306,000 | $469,200 |
| 2019 | $9,768 | $760,000 | $300,000 | $460,000 |
| 2018 | $1,161 | $52,946 | $26,473 | $26,473 |
| 2016 | $1,059 | $50,892 | $25,446 | $25,446 |
| 2015 | $1,029 | $50,128 | $25,064 | $25,064 |
| 2014 | $1,042 | $49,148 | $24,574 | $24,574 |
Source: Public Records
Agents Affiliated with this Home
-
-
E
Buyer's Agent in 2018
Eileen Rivera
GE Dean and Associates
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW18213758
APN: 7269-023-003
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.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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