NOT LISTED FOR SALE

2495 Magnolia Ave Long Beach, CA 90806

South Wrigley Neighborhood

Estimated Value: $807,000 - $990,000

2 Beds
1 Bath
1,540 Sq Ft
$571/Sq Ft Est. Value

Last Sold April 14, 2017

Last sale price $525,000 $341 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,251/month

5 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Hydromassage or Jetted Bathtub
  • Granite Countertops
  • Wood Flooring
  • Corner Lot
  • No HOA

About This Home

As of April 2017

Stunning remodeled home, with a very spacious and bright floor plan, perfect to entertain family & friends. Pride of ownership shows throughout this home which was recognized by the City of Long Beach as one of the top ten Lawn to Garden transformation, in 2016. Home has spacious bedrooms, one with fireplace, a remodeled kitchen & bathroom, granite & marble counters, double-pane windows & sliding door, new plumbing & ABS drainage. Upgrades throughout, including tankless water heater, forced air system with new ducting, interior laundry, crown & base molding, and many more. Brick patio area extends from formal dining room and has a wood-burning fire pit perfect for night gatherings covered by a pergola. A must see for anyone looking for a move-in ready home with lots of character & charm!

Last Agent to Sell the Property

Luis Figueroa

Equity Smart Real Estate Services License #01406743 Listed on: 03/09/2017

Last Buyer's Agent

Patrick Delaney

Berkshire Hathaway Hm Ser License #01979284

Berkshire Hathaway Hm Ser

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,786

Year Built

  • Built in 1939

Lot Details

  • 5,949 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Drip System Landscaping
  • Corner Lot
  • Backyard Sprinklers
  • Back Yard
  • Property is zoned LBR1N

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Turnkey
  • Raised Foundation
  • Fire Rated Drywall
  • Vinyl Siding
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,540 Sq Ft Home
  • Wired For Sound
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Sliding Doors
  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Home Security System
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • 1 Full Bathroom
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Brick Porch or Patio
  • Fire Pit
  • Exterior Lighting
  • Gazebo

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 13 / 12
  • Tax Tract Number 9686
  • Assessor Parcel Number 7202021013

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,786

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Security System
  • Subdivision Name Other: Wrigley Area (WR)
  • View: No
  • Zoning: LBR1N
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7202021013
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1540.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full, Crown Molding, Granite Counters, Recessed Lighting, Wainscoting, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Dining Room, Separated
  • Fireplace Features: Master Bedroom, Fire Pit
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 340.91
  • Room Type: All Bedrooms Down, Office
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Bath(s), Jetted Tub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Gazebo
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Block, Wood
  • Patio And Porch Features: Brick, Patio
  • Pool Private: No
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Electric: Standard
  • Heating Type: Central, Forced Air, Fireplace(s)
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Landscaped, Sprinklers Drip System, Sprinklers In Rear
  • Lot Size Sq Ft: 5949.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 12
  • Tax Census Tract: 5731.00
  • Tax Lot: 13
  • Tax Tract Number: 9686

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2017
Sold by
King Chelsea
Bought by
King Chelsea and Bouton Jesse Le
Current Estimated Value
$879,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$353,695
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$525,492

Purchase Details

Listed on
Mar 9, 2017
Closed on
Mar 17, 2017
Sold by
Palencia Alvaro
Bought by
King Chelsea and Le Bouton Jesse
Seller's Agent
Luis Figueroa
Equity Smart Real Estate Services
Buyer's Agent
Patrick Delaney
Berkshire Hathaway Hm Ser
List Price
$499,999
Sold Price
$525,000
Premium/Discount to List
$25,001
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$420,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2012
Sold by
Palencia Alvaro
Bought by
Palencia Alvaro and Palencia Casandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,194
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 13, 2009
Sold by
Chiem Vannat
Bought by
Palencia Alvaro and Mccune Casandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,022
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 14, 2005
Sold by
Perkins Deborah
Bought by
Chiem Vannat and Chiem Tia Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,400
Interest Rate
5.58%
Mortgage Type
Fannie Mae Freddie Mac
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
King Chelsea -- Ticor Title
King Chelsea $525,000 Ticor Title
Palencia Alvaro -- North American Title Co
Palencia Alvaro $330,000 Fidelity National Title Co
Chiem Vannat $463,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Chelsea $420,000
Closed King Chelsea $420,000
Previous Owner Palencia Alvaro $316,194
Previous Owner Palencia Alvaro $324,022
Previous Owner Chiem Vannat $370,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2017 04/14/17 Sold $525,000 0.0% $341 / Sq Ft
03/12/2017 03/12/17 Off Market $525,000 -- --
03/09/2017 03/09/17 For Sale $499,999 -- $325 / 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 $7,786 $609,302 $417,691 $191,611
2024 $7,786 $597,355 $409,501 $187,854
2023 $7,655 $585,643 $401,472 $184,171
2022 $7,189 $574,160 $393,600 $180,560
2021 $7,045 $562,903 $385,883 $177,020
2019 $6,943 $546,209 $374,439 $171,770
2018 $6,767 $535,500 $367,098 $168,402
2016 $4,353 $359,830 $242,504 $117,326
2015 $4,179 $354,426 $238,862 $115,564
2014 $4,151 $347,485 $234,184 $113,301
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Luis Figueroa

    Equity Smart Real Estate Services

    (562) 762-8968

    3 Total Sales

    Luis Figueroa
    Section Image

  • P

    Buyer's Agent in 2017

    Patrick Delaney

    Berkshire Hathaway Hm Ser

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17048320

California Regional Multiple Listing Service (CRMLS)

APN: 7202-021-013

California Los Angeles County Long Beach 90806 South Wrigley

2495 Magnolia Ave, Long Beach, CA

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