NOT LISTED FOR SALE

2062 261st St Lomita, CA 90717

Estimated Value: $1,002,000 - $1,147,000

3 Beds
2 Baths
1,402 Sq Ft
$751/Sq Ft Est. Value

Last Sold April 11, 2016

Last sale price $675,000 $481 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,616/month

9 Days on Market

Highlights

  • Cathedral Ceiling
  • Beamed Ceilings
  • Eat-In Kitchen
  • Wood Flooring
  • 2 Car Attached Garage
  • 4-minute walk to Metro Park

About This Home

As of April 2016

Come check out this rustic hidden gem that has recently gone through a high quality remodel making it ready for someone who wants a charming comfortable home that is move in ready. A rare find. The property is tucked away at the base of the PV Peninsula on a quaint private tree lined cul de sac street. The entire property is walled and gated giving it a very private feel. The kitchen, laundry and master bath were all remodeled in 2014. Kitchen is beautiful with clean lines, quartz counters, Heath tile backsplash and accents, one year old stainless steel appliances including Thermador gas stove and dishwasher, Kitchen Aid refrigerator and GE microwave along with modern style Cherrywood cabinets. Throughout the house there are hardwood floors and open beam ceilings along with five ceiling fans. Character abounds with restored old growth wood double hung windows, 2 Kolbe glass paneled doors, priceless clear bottle glass in six of the windows and a woodburning fireplace made with recycled brick from the 1933 Long Beach earthquake. Home also has new electric panel and furnace. Large yard has sprinklers in front and back and two concrete patio areas. Centrally located close to beaches, freeways, nature trails, and job centers. A one of a kind home.

Last Agent to Sell the Property

Dan Mullin

Estate Properties License #00942878 Listed on: 02/17/2016

Estate Properties

Last Buyer's Agent

Jon Millman

Compass License #01290219

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,976

Year Built

  • Built in 1954

Lot Details

  • 6,963 Sq Ft Lot
  • Stone Wall
  • Stucco Fence
  • Front and Back Yard Sprinklers
  • Back and Front Yard

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Turnkey
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,402 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Casement Windows
  • Living Room with Fireplace
  • Wood Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Six Burner Stove
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Cooling Available
  • Forced Air Heating System

Additional Features

  • Concrete Porch or Patio
  • Suburban Location

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 954
  • Assessor Parcel Number 7553009030

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,976

Year Built

Built in 1954

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7553009030
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1402.00
  • Interior Amenities: Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s)
  • Stories: 1
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Gas Starter, Living Room
  • Levels: One
  • Price Per Square Foot: 481.46
  • Room Type: Living Room, Master Bedroom
  • Window Features: Casement Windows

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Stone, Stucco Wall
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Gas Cooktop
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 50.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: Back Yard, Front Yard, Lot 6500-9999, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 6963.00
  • Price Per Lot Square Foot: 96.94
  • Lot Size Acres: 0.1600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6963.0000 Square Feet
  • Number Of Units In Community: 13
  • Number Of Units Total: 13

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 954

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2016
Closed on
Feb 29, 2016
Sold by
Butler Louise S
Bought by
Lau Elizabeth W
Seller's Agent
Dan Mullin
Estate Properties
Buyer's Agent
Jon Millman
Compass
List Price
$650,000
Sold Price
$675,000
Premium/Discount to List
$25,000
3.85%
Current Estimated Value
$1,052,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,616
Avg. Annual Appreciation
5.03%
Original Mortgage
$540,000
Outstanding Balance
$428,150
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$641,488

Purchase Details

Closed on
Aug 8, 2008
Sold by
Butler Louise S
Bought by
Butler Louise S and The Louise S Butler Trust
Source: Public Records

Range of Values:

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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
Lau Elizabeth W $675,000 Progressive Title
Butler Louise S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lau Elizabeth W $540,000
Previous Owner Butler Louise S $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2016 04/11/16 Sold $675,000 +3.8% $481 / Sq Ft
02/26/2016 02/26/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $650,000 -- $464 / 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 $9,976 $805,543 $594,856 $210,687
2024 $9,976 $789,749 $583,193 $206,556
2023 $9,802 $774,264 $571,758 $202,506
2022 $9,323 $759,084 $560,548 $198,536
2021 $9,223 $744,201 $549,557 $194,644
2019 $8,928 $722,129 $533,257 $188,872
2018 $8,716 $702,270 $522,801 $179,469
2016 $3,570 $273,986 $151,889 $122,097
2015 $3,512 $269,871 $149,608 $120,263
2014 $3,514 $264,586 $146,678 $117,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV16033414

California Regional Multiple Listing Service (CRMLS)

APN: 7553-009-030