2040 Cedar Ave Long Beach, CA 90806
South Wrigley NeighborhoodEstimated Value: $756,000 - $878,000
2
Beds
1
Bath
1,036
Sq Ft
$763/Sq Ft
Est. Value
Highlights
- Gated Parking
- Spanish Architecture
- Neighborhood Views
- Wood Flooring
- No HOA
- Family Room Off Kitchen
About This Home
As of July 2019What a great opportunity! In the heart of the popular Wrigley area neighborhood is this wonderful 1920's Spanish home loaded with original touches, details, character and charm...not to mention potential! Enter past the heavy wood door with a speakeasy window in to the large living room with a huge picture window and in to the adjacent formal dining room. Notice the curved openings to the rooms, the original window frames and original hardwood floors! The spacious kitchen has an eating area, large garden window and a door out to the gated drive way. Both bedrooms are comfortable in size and feature generously sized closets with windows. One bedroom offers a sliding door out to the large and inviting back yard. Be sure to check out the large full bathroom with awesome yellow tiles. There is a detached one car garage and a long gated driveway providing parking for several cars. Big Bonus is that this property is zoned R2 and also has alley access. Potential for another unit in the back!!! Great location with easy access to transportation, shopping and priced as an excellent opportunity!!
Last Agent to Sell the Property
ERA North Orange County License #00937400 Listed on: 05/31/2019
Co-Listed By
Anita Heisick
ERA Ranch & Sea Realty License #00815256
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,137
Year Built
- Built in 1927
Lot Details
- 4,665 Sq Ft Lot
- Front Yard
- Property is zoned LBR2N
Parking
- 1 Car Garage
- Parking Available
- Driveway
- Gated Parking
Home Design
- Spanish Architecture
- Flat Roof Shape
- Spanish Tile Roof
- Tar and Gravel Roof
- Stucco
Interior Spaces
- 1,036 Sq Ft Home
- 1-Story Property
- Family Room Off Kitchen
- Living Room
- Dining Room
- Neighborhood Views
Kitchen
- Dishwasher
- Tile Countertops
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
- Tile Bathroom Countertop
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Concrete Porch or Patio
Utilities
- Floor Furnace
- Wall Furnace
- Natural Gas Connected
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 9
- Tax Tract Number 5161
- Assessor Parcel Number 7209024008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 22, 2020
Sold by
Forsyth Robert T and Lewis Ellen E
Bought by
Forsyth Robert T and Forsyth Ellen E
Total Days on Market
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Outstanding Balance
$368,213
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$426,799
Purchase Details
Listed on
May 31, 2019
Closed on
Jun 13, 2019
Sold by
Howes John G and Howes Patricia Melkun
Bought by
Forsyth Robert T and Lewis Ellen E
Seller's Agent
Mark Johnson
ERA North Orange County
Buyer's Agent
Kimiah Wyer
Keller Williams South Bay
List Price
$509,900
Sold Price
$510,000
Premium/Discount to List
$100
0.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%
Original Mortgage
$408,000
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 12, 2002
Sold by
Howes John G and Howes Patricia Melkun
Bought by
Howes John G and Howes Patricia Melkun
Similar Homes in Long Beach, CA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Forsyth Robert T | -- | Westminster Title Company | |
| Forsyth Robert T | $510,000 | First American Title Company | |
| Howes John G | -- | -- | |
| Howes John G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Forsyth Robert T | $410,000 | |
| Closed | Forsyth Robert T | $408,000 | |
| Previous Owner | Howes John G | $85,140 | |
| Previous Owner | Howes Patricia Melkun | $95,000 | |
| Previous Owner | Howes John G | $95,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2019 07/10/19 | Sold | $510,000 | 0.0% | $492 / Sq Ft |
| 05/31/2019 05/31/19 | For Sale | $509,900 | -- | $492 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $7,137 | $546,819 | $437,456 | $109,363 |
| 2023 | $7,017 | $536,098 | $428,879 | $107,219 |
| 2022 | $6,586 | $525,587 | $420,470 | $105,117 |
| 2021 | $6,457 | $515,282 | $412,226 | $103,056 |
| 2019 | $4,584 | $98,231 | $72,468 | $25,763 |
| 2018 | $1,430 | $96,306 | $71,048 | $25,258 |
| 2016 | $1,316 | $92,568 | $68,290 | $24,278 |
| 2015 | $1,269 | $91,179 | $67,265 | $23,914 |
| 2014 | $1,268 | $89,394 | $65,948 | $23,446 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Johnson
Seller's Agent in 2019
Mark Johnson
ERA North Orange County
(714) 996-3000
74 Total Sales
-
A
Seller Co-Listing Agent in 2019
Anita Heisick
ERA Ranch & Sea Realty
-
Kimiah Wyer
Buyer's Agent in 2019
Kimiah Wyer
Keller Williams South Bay
(310) 702-7224
1 in this area
48 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW19127905
APN: 7209-024-008
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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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