NOT LISTED FOR SALE

Estimated Value: $643,000 - $731,000

2 Beds
1 Bath
840 Sq Ft
$836/Sq Ft Est. Value

Last Sold July 16, 2020

Last sale price $400,000 $476 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,147/month

70 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Laundry Room
  • Woodrow Wilson High School Rated A

About This Home

As of July 2020

That's it. No more playing around. Motivated seller wants this property sold. Stop paying rent! R2 ZONING! Great starter home or development opportunity on a corner lot on the Eastside of Long Beach off of PCH near Traffic Circle and a 10 min drive away from the beach. With a little bit of elbow grease the new owners will be able to restore this home to the diamond it once was. Don't be fooled as this home packs a lot into it's 840 square foot frame. There is a living room area, a dining area with access to a kitchen bar pickup counter, a laundry area, and a backyard with more enough space to build an ADU, a garage or park up to 4 vehicles.

Last Agent to Sell the Property

Paul Argueta

REH REAL ESTATE License #01223040 Listed on: 04/07/2020

Co-Listed By

Paul Argueta

Lowell & Vanderbilt, Inc. License #01223040

Last Buyer's Agent

Eric Lem

Decorum Properties & Investments, Inc License #01988183

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 2,702 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LBR2N

Interior Spaces

  • 840 Sq Ft Home
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Location

  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 2664
  • Assessor Parcel Number 7260011007

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Eastside (ES)
  • View: Yes
  • Zoning: LBR2N
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7260011007
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 840.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 476.19

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2702.00
  • Lot Size Acres: 0.0620

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2702.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5751.01
  • Tax Lot: 3
  • Tax Tract Number: 2664

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2020
Closed on
Jun 24, 2020
Sold by
Gomez Miguel Angel and Gomez Sandra
Bought by
Thompson Ronald
Seller's Agent
Paul Argueta
REH REAL ESTATE
Buyer's Agent
Eric Lem
Decorum Properties & Investments, Inc
List Price
$490,000
Sold Price
$400,000
Premium/Discount to List
-$90,000
-18.37%
Current Estimated Value
$702,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,146
Avg. Annual Appreciation
10.90%
Original Mortgage
$388,000
Outstanding Balance
$343,285
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$358,861

Purchase Details

Closed on
Aug 13, 2008
Sold by
Federal National Mortgage Association
Bought by
Gomez Miguel A and Gomez Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,700
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2008
Sold by
Mendoza Fernando Zamora
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 22, 2006
Sold by
Federal National Mortgage Association
Bought by
Mendoza Fernando Zamora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,448
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2006
Sold by
Ohio Savings Bank
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 23, 2006
Sold by
Byers Armond Q
Bought by
Ohio Savings Bank

Purchase Details

Closed on
Apr 7, 2005
Sold by
Jbd Properties
Bought by
Byers Armond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2004
Sold by
Anciano Rocky
Bought by
Jbd Properties

Purchase Details

Closed on
Dec 9, 2003
Sold by
Trejo Joseph F
Bought by
Anciano Rocky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2003
Sold by
Lopez Ismael
Bought by
Trejo Joseph F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 1998
Sold by
Pogoda Dale A
Bought by
Lopez Ismale and Lopez Nora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,591
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 17, 1997
Sold by
Smith Houston
Bought by
Pogoda Dale A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
7.9%

Purchase Details

Closed on
Sep 17, 1996
Sold by
Cusano Eva V
Bought by
Smith Houston

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,000
Interest Rate
8.3%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Thompson Ronald $400,000 Wfg Title Company
Gomez Miguel A $206,000 Commonwealth Land Title Co
Federal National Mortgage Association $352,330 Landsafe Title
Mendoza Fernando Zamora $408,500 Landsafe Title
Federal National Mortgage Association -- Accommodation
Ohio Savings Bank $387,316 Accommodation
Byers Armond $365,000 Fatcola
Jbd Properties $280,500 --
Anciano Rocky $275,000 Investors Title Company
Trejo Joseph F $225,000 First American Title Co
Lopez Ismale $100,000 North American Title Co
Pogoda Dale A -- Chicago Title Co
Smith Houston $18,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Ronald $388,000
Previous Owner Gomez Miguel A $164,700
Previous Owner Mendoza Fernando Zamora $326,448
Previous Owner Byers Armond $358,000
Previous Owner Anciano Rocky $220,000
Previous Owner Trejo Joseph F $180,000
Previous Owner Lopez Ismale $99,591
Previous Owner Pogoda Dale A $46,000
Previous Owner Smith Houston $9,000
Closed Lopez Ismale $1,480
Closed Trejo Joseph F $45,000
Closed Anciano Rocky $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2020 07/16/20 Sold $400,000 +0.3% $476 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
06/05/2020 06/05/20 Price Changed $399,000 -6.1% $475 / Sq Ft
04/29/2020 04/29/20 Price Changed $425,000 -9.4% $506 / Sq Ft
04/21/2020 04/21/20 Price Changed $469,000 -4.3% $558 / Sq Ft
04/07/2020 04/07/20 For Sale $490,000 -- $583 / 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 $5,614 $432,970 $346,377 $86,593
2024 $5,614 $424,482 $339,586 $84,896
2023 $5,519 $416,160 $332,928 $83,232
2022 $5,182 $408,000 $326,400 $81,600
2021 $5,080 $400,000 $320,000 $80,000
2020 $3,226 $242,553 $194,045 $48,508
2019 $3,189 $237,798 $190,241 $47,557
2018 $3,061 $233,136 $186,511 $46,625
2016 $2,819 $224,084 $179,269 $44,815
2015 $2,708 $220,719 $176,577 $44,142
2014 $2,694 $216,397 $173,119 $43,278
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS20070187

California Regional Multiple Listing Service (CRMLS)

APN: 7260-011-007