NOT LISTED FOR SALE

Estimated Value: $799,000 - $930,000

5 Beds
3 Baths
1,686 Sq Ft
$509/Sq Ft Est. Value

Last Sold July 08, 2021

Last sale price $710,000 $421 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,325/month

20 Days on Market

Highlights

  • Open Floorplan
  • Spanish Architecture
  • No HOA
  • Wood Flooring
  • Private Yard
  • Double Pane Windows

About This Home

As of July 2021

Own for the price of rent with this ideal owner-occupant investment property! Beautiful 1920's home with permitted free-standing accessory dwelling unit (ADU) in the back with superb tenants in the quiet Grant neighborhood of Long Beach. Front house is a 3 bed/2 bath 1920's charmer with original arch ceilings, built-ins and much more. House has laundry hookups and 2-car driveway parking, along with upgrades including dual-pane windows, hardwood and carpet throughout. The master ensuite connects to the backyard. Backyard has a fence separating both parts of the yard with separate patio space. The ADU in the back is a new 2 bed/1 ba with garden planters, separate laundry unit, private parking and entrance. Ideal buyers are looking for their perfect starter home and investment to build their real estate portfolio with ADU tenant lease in place offsetting mortgage payments. Front unit will be delivered vacant for the owner-occupant at close or April 30th, whichever comes first! Call the listing agent now to schedule a private tour of this beautiful home in this quickly developing Long Beach neighborhood while it lasts!

Last Agent to Sell the Property

Rafe Gonzalez Gonzalez

Centerpointe Real Estate License #01705011 Listed on: 03/20/2021

Last Buyer's Agent

Delicia Wong Barba

Re/Max Dynasty License #01232542

Re/Max Dynasty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927 | Remodeled

Lot Details

  • 5,055 Sq Ft Lot
  • Private Yard
  • Back Yard
  • Property is zoned LBR2N

Home Design

  • Spanish Architecture
  • Bungalow
  • Raised Foundation

Interior Spaces

  • 1,686 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Double Pane Windows
  • Living Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Upgraded Bathroom
  • 3 Full Bathrooms

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Standard Electricity

Community Details

  • No Home Owners Association
  • Cherry Manor Subdivision

Listing and Financial Details

  • Tax Lot 56
  • Tax Tract Number 7894
  • Assessor Parcel Number 7114016058

Home Details

Home Type

Single Family

Year Built

Built in 1927 | Remodeled

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Cherry Manor (CM)
  • View: No
  • Zoning: LBR2N
  • Architectural Style: Bungalow, Spanish
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7114016058
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1686.00 Square Feet
  • Interior Amenities: Built-in Features, Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 421.12
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room
  • Window Features: Double Pane Windows
  • Bathroom Features: Upgraded

Exterior Features

  • Foundation: Raised
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Electric: Standard
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Yard
  • Lot Size Sq Ft: 5055.00
  • Lot Size Acres: 0.1160

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5055.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 5705.02
  • Tax Lot: 56
  • Tax Tract Number: 7894

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2016
Closed on
Jan 4, 2017
Sold by
Leonardo Christle Diaz
Bought by
Harrelson David
Seller's Agent
Laura Zinniger
Century 21 Coastal Properties
Buyer's Agent
Tracey Wiltse
Coldwell Banker Realty
List Price
$425,000
Sold Price
$435,000
Premium/Discount to List
$10,000
2.35%
Current Estimated Value
$857,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$422,525
Avg. Annual Appreciation
7.88%
Original Mortgage
$427,121
Outstanding Balance
$350,263
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$507,262

Purchase Details

Listed on
Nov 28, 2016
Closed on
Dec 14, 2016
Sold by
Harrelson David
Bought by
Eremiyski Rumen R and Eremiyski Emma Rose
Seller's Agent
Laura Zinniger
Century 21 Coastal Properties
Buyer's Agent
Tracey Wiltse
Coldwell Banker Realty
List Price
$425,000
Sold Price
$435,000
Premium/Discount to List
$10,000
2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,121
Outstanding Balance
$350,263
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$507,262

Purchase Details

Closed on
Feb 6, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Harrelson David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2008
Sold by
Rivas Marcos T and Vasquez Alex Y
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Abs Capital I Inc Trust 2

Purchase Details

Closed on
Apr 17, 2006
Sold by
Fischer Carl R
Bought by
Rivas Marcos T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,920
Interest Rate
7.72%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Harrelson David -- Priority Title
Eremiyski Rumen R $435,000 Priority Title
Harrelson David $230,000 California Title Company
Deutsche Bank National Trust Co $303,750 Accommodation
Rivas Marcos T $440,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eremiyski Rumen R $427,121
Previous Owner Harrelson David $207,000
Previous Owner Rivas Marcos T $351,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2021 07/08/21 Sold $710,000 -1.4% $421 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
03/20/2021 03/20/21 For Sale $719,999 +65.5% $427 / Sq Ft
01/11/2017 01/11/17 Sold $435,000 +2.4% $382 / Sq Ft View Prior Sale
12/09/2016 12/09/16 Pending -- -- --
11/28/2016 11/28/16 For Sale $425,000 -- $373 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,983 $753,457 $318,362 $435,095
2024 $9,556 $738,684 $312,120 $426,564
2023 $9,394 $724,200 $306,000 $418,200
2022 $7,204 $567,321 $340,341 $226,980
2021 $7,059 $556,198 $333,668 $222,530
2020 $7,041 $550,496 $330,247 $220,249
2019 $6,927 $452,573 $323,772 $128,801
2018 $5,665 $443,700 $317,424 $126,276
2016 $3,064 $250,192 $157,948 $92,244
2015 $2,943 $246,435 $155,576 $90,859
2014 $2,926 $241,609 $152,529 $89,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21012686

California Regional Multiple Listing Service (CRMLS)

APN: 7114-016-058