NOT LISTED FOR SALE

1857 Lave Ave Long Beach, CA 90815

Los Altos South Neighborhood

Estimated Value: $989,000 - $1,253,000

2 Beds
1 Bath
1,029 Sq Ft
$1,087/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $471,500 $458 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $6,616/month

8 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Front Porch
  • Minnie Gant Elementary School Rated A
  • No HOA
  • 3-minute walk to Whaley Park

About This Home

As of May 2013

This is a great home in the well sought out Los Altos Neighborhood of East Long Beach. The home offers 2 bedrooms and 1 bathroom with hardwood floors throughout. The home is on a large lot with plenty of room to add on. The oversized backyard has endless possibilities. This property is being sold AS IS. The home is within walking distance of award winning schools and CSULB. Parks, shopping and award winning dining are all close by. This is great area and just minutes to the beach. With a little work you can make this cozy home your reality.

Last Agent to Sell the Property

Polly Watts

Shelter Club Realty, Inc. License #00895696 Listed on: 05/13/2013

Last Buyer's Agent

Joseph Huang

Young M Chang License #01802732

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 6,080 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Front Yard Sprinklers

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,029 Sq Ft Home
  • Living Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Wood Patio
  • Front Porch

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 296
  • Tax Tract Number 14788
  • Assessor Parcel Number 7225013007

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7225013007
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1029.00
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Levels: One
  • Price Per Square Foot: 458.21
  • Room Type: Living Room

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Block, Wood
  • Patio And Porch Features: Concrete, Front Porch, Rear Porch, Slab, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace, Natural Gas
  • Laundry Features: In Kitchen
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 6080.00
  • Lot Size Acres: 0.1400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6080.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 296
  • Tax Tract Number: 14788

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2014
Sold by
Groot Daniel Tadashi Huang
Bought by
Groot Daniel Tadashi Huang and Groot Sarah Pei En Huang
Current Estimated Value
$1,118,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,850
Outstanding Balance
$143,408
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$975,398

Purchase Details

Closed on
Jan 21, 2014
Sold by
Groot Sarah Pei En Huang
Bought by
Groot Daniel Tadashi and Groot Sarah Pei En Huang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,850
Outstanding Balance
$143,408
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$975,398

Purchase Details

Listed on
May 13, 2013
Closed on
May 28, 2013
Sold by
Martingale Investments Llc
Bought by
Groot Sarah Pai En Huang and Groot Daniel Tadashi Huang
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
Buyer's Agent
Joseph Huang
Young M Chang
List Price
$459,900
Sold Price
$471,500
Premium/Discount to List
$11,600
2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%

Purchase Details

Listed on
May 13, 2013
Closed on
Apr 1, 2013
Sold by
Hectus Justin Byrne and Hectus Tamara Patrice
Bought by
Martingale Investments Llc
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
Buyer's Agent
Joseph Huang
Young M Chang
List Price
$459,900
Sold Price
$471,500
Premium/Discount to List
$11,600
2.52%

Purchase Details

Closed on
Apr 20, 2005
Sold by
Ipema Henry P and Ipema Tamila
Bought by
Hectus Justin Byrne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,750
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2003
Sold by
Ipema Henry P
Bought by
Ipema Henry P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 1996
Sold by
Dybbro Paul
Bought by
Ipema Henry P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,400
Interest Rate
7.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Groot Daniel Tadashi Huang -- First American Title Ins Co
Groot Daniel Tadashi -- Lawyers Title
Groot Sarah Pai En Huang $471,500 Title 365
Martingale Investments Llc $390,000 Title 365
Hectus Justin Byrne $555,000 Lawyers Title
Ipema Henry P -- --
Ipema Henry P $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Groot Daniel Tadashi Huang $207,850
Closed Groot Daniel Tadashi $215,000
Previous Owner Hectus Justin Byrne $360,750
Previous Owner Ipema Henry P $262,500
Previous Owner Ipema Henry P $161,400
Closed Hectus Justin Byrne $138,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2013 05/31/13 Sold $471,500 +2.5% $458 / Sq Ft
05/21/2013 05/21/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $459,900 -- $447 / 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 $9,257 $723,230 $464,488 $258,742
2024 $9,257 $709,050 $455,381 $253,669
2023 $9,104 $695,148 $446,452 $248,696
2022 $8,543 $681,519 $437,699 $243,820
2021 $8,373 $668,157 $429,117 $239,040
2019 $8,253 $648,340 $416,390 $231,950
2018 $8,011 $635,628 $408,226 $227,402
2016 $7,363 $610,948 $392,375 $218,573
2015 $7,066 $601,772 $386,482 $215,290
2014 $5,652 $473,640 $378,912 $94,728
Source: Public Records

Agents Affiliated with this Home

  • Polly Watts

    Seller's Agent in 2013

    Polly Watts

    Shelter Club Realty, Inc.

    (310) 963-7766

    21 Total Sales

    Polly Watts
    Section Image

  • J

    Buyer's Agent in 2013

    Joseph Huang

    Young M Chang

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13088474

California Regional Multiple Listing Service (CRMLS)

APN: 7225-013-007

California Los Angeles County Long Beach 90815 Los Altos South

1857 Lave Ave, Long Beach, CA

Not Listed for Sale

Detached

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