NOT LISTED FOR SALE

2429 Magnolia Ave Long Beach, CA 90806

South Wrigley Neighborhood

Estimated Value: $1,093,000 - $1,251,000

4 Beds
4 Baths
2,688 Sq Ft
$433/Sq Ft Est. Value

About This Home

This home is located at 2429 Magnolia Ave, Long Beach, CA 90806 and is currently estimated at $1,165,173, approximately $433 per square foot. 2429 Magnolia Ave is a home located in Los Angeles County with nearby schools including Lafayette Elementary School, Washington Middle School, and Juan Rodriguez Cabrillo High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2020
Sold by
Hofman David and Mcelhone Sharon
Bought by
Hofman David and Mcelhone Sharon
Current Estimated Value
$1,165,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Outstanding Balance
$469,845
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$695,328

Purchase Details

Closed on
Nov 11, 2020
Sold by
Hofman David and Mcelhone Sharon
Bought by
Hofman David and Mcelhone Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Outstanding Balance
$469,845
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$695,328

Purchase Details

Closed on
Dec 15, 2017
Sold by
Hofman David Allen
Bought by
Hofman David and Mcelhone Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2016
Sold by
Hofman David
Bought by
Hofman David and Mcelhone Sharon

Purchase Details

Closed on
Jun 7, 2013
Sold by
Mcelhone Sean P
Bought by
Hoffman David and Mcelhone Sharon

Purchase Details

Closed on
Sep 5, 2007
Sold by
Mortensen Michael A
Bought by
Hoffman David and Mcelhone Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,500
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2006
Sold by
Mortensen Michael A
Bought by
Mortensen Michael A and Mortensen Teresa M

Purchase Details

Closed on
Oct 6, 1994
Sold by
Pledged To Progress Inc
Bought by
Mortensen Michael A and Mortensen Teresa Marie
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.

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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.

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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.

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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.

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Average Value
Not Available
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
Hofman David -- First American Title Company
Hofman David -- First American Title Company
Hofman David -- First American Title Company
Hofman David Allen -- First American Title Company
Hofman David -- None Available
Hoffman David -- None Available
Hoffman David $694,000 Fidelity National Title Co
Mortensen Michael A -- None Available
Mortensen Michael A -- North American Title Company
Pledged To Progress Inc -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hofman David $528,000
Closed Hofman David Allen $532,000
Previous Owner Hoffman David $520,500
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 $9,696 $728,359 $455,777 $272,582
2024 $9,696 $714,079 $446,841 $267,238
2023 $9,530 $700,079 $438,080 $261,999
2022 $8,955 $686,353 $429,491 $256,862
2021 $8,767 $672,896 $421,070 $251,826
2020 $8,744 $666,717 $416,753 $249,964
2019 $8,642 $653,659 $408,582 $245,077
2018 $8,350 $640,857 $400,571 $240,286
2017 $7,925 $600,000 $306,100 $293,900
2016 $7,042 $560,000 $285,700 $274,300
2015 $6,184 $500,000 $255,100 $244,900
2014 $4,903 $380,000 $193,900 $186,100
Source: Public Records

Map

California Los Angeles County Long Beach 90806 South Wrigley

2429 Magnolia Ave, Long Beach, CA

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