NOT LISTED FOR SALE

1945 Palo Verde Ave Long Beach, CA 90815

Los Altos South Neighborhood

Estimated Value: $4,551,057

-- Bed
-- Bath
11,652 Sq Ft
$391/Sq Ft Est. Value

About This Home

This home is located at 1945 Palo Verde Ave, Long Beach, CA 90815 and is currently estimated at $4,551,057, approximately $390 per square foot. 1945 Palo Verde Ave is a home located in Los Angeles County with nearby schools including Minnie Gant Elementary School, Stanford Middle School, and Woodrow Wilson High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2013
Sold by
Pruthi Properties Llc
Bought by
Pruthi Properties Llc
Current Estimated Value
$4,551,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$281,629
Interest Rate
3.49%
Mortgage Type
Commercial
Estimated Equity
$4,269,428

Purchase Details

Closed on
May 2, 2012
Sold by
Chen Chuo Cheng
Bought by
Pruthi Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,225,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 15, 2003
Sold by
Brion Corp
Bought by
Chen Chuo Cheng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
5.13%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pruthi Properties Llc -- Title 365
Pruthi Properties $1,750,000 North American Title
Chen Chuo Cheng $1,350,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pruthi Properties Llc $400,000
Previous Owner Pruthi Properties $1,225,000
Previous Owner Chen Chuo Cheng $850,000
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 $29,764 $2,204,023 $948,194 $1,255,829
2024 $29,764 $2,160,807 $929,602 $1,231,205
2023 $29,307 $2,118,439 $911,375 $1,207,064
2022 $27,610 $2,076,902 $893,505 $1,183,397
2021 $27,060 $2,036,180 $875,986 $1,160,194
2019 $26,673 $1,975,787 $850,004 $1,125,783
2018 $25,737 $1,937,047 $833,338 $1,103,709
2016 $23,649 $1,861,831 $800,980 $1,060,851
2015 $22,726 $1,833,866 $788,949 $1,044,917
2014 -- $1,757,944 $773,495 $984,449
Source: Public Records

Map

California Los Angeles County Long Beach 90815 Los Altos South

1945 Palo Verde Ave, Long Beach, CA

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.

Nearby Homes