NOT LISTED FOR SALE

Estimated Value: $879,000 - $941,000

3 Beds
1 Bath
1,225 Sq Ft
$737/Sq Ft Est. Value

Last Sold June 09, 2021

Last sale price $765,000 $624 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,883/month

5 Days on Market

Highlights

  • Above Ground Spa
  • RV Access or Parking
  • No HOA
  • James Madison Elementary School Rated A-
  • Wood Flooring
  • Double Pane Windows

About This Home

As of June 2021

Welcome to 2550 Frankel Street! This single-level charmer is situated on a great inside tract location within the Lakewood Mutuals community. The embodiment of pride of ownership, highlights include original refinished wood floors, crown molding, and ample upgrades including fresh interior as well as exterior paint. Enter inside to a spacious living room showcasing the real hardwood floors. Featured throughout the home are newer dual-pane vinyl windows with upgraded window treatments. The kitchen, remodeled in 2018, is equipped with newer cabinets, countertops, and appliances. The recently updated bath has tile flooring, a standing shower, and separate soaking tub. The laundry room has a utility sink, tile flooring, and contains the tankless water heater. Both the front and rear yards have been tastefully desert-scaped, featuring high-grade artificial turf lawns added in 2020. Additional 2020 upgrades include a new roof and new attic insulation. 2018 upgrades include a new electric panel and PVC re-pipe. Additional features include a detached 2-car garage with a long, gated driveway for privacy and space to park several cars, an RV, or boat. With easy access to 405, 605, and 710 freeways, Long Beach airport, and Long Beach Exchange center featuring shopping, dining, and more, this home is bound to sell quickly! Check out the virtual tour here:https://mls.kuu.la/share/collection/7YVH8?fs=1&vr=1&zoom=1&sd=1&initload=0&thumbs=1 then schedule your showing!

Last Agent to Sell the Property

Kirsten Knorr

Seven Gables Real Estate License #02025657 Listed on: 05/11/2021

Seven Gables Real Estate

Co-Listed By

Birgitta Ganz

Seven Gables Real Estate License #00452197

Last Buyer's Agent

Jacqueline Case

Real Brokerage Technologies License #01329026

Real Brokerage Technologies

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,640

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 5,000 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • RV Access or Parking

Home Design

  • Bungalow
  • Turnkey
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,225 Sq Ft Home
  • Crown Molding
  • Double Pane Windows
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub
  • Walk-in Shower

Outdoor Features

  • Above Ground Spa
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Lakewood Mutuals Subdivision

Listing and Financial Details

  • Tax Lot 150
  • Tax Tract Number 5415
  • Assessor Parcel Number 7152014022

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,640

Year Built

Built in 1955 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Lakewood Mutuals (LKMU)
  • View: No
  • Architectural Style: Bungalow
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7152014022
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1225.00 Square Feet
  • Interior Amenities: Crown Molding
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 624.49
  • Room Type: All Bedrooms Down
  • Spa Features: Above Ground
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Long Beach Unified

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 150
  • Tax Tract Number: 5415

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
May 27, 2021
Sold by
Holtz Jacqueline
Bought by
Holtz Dustin
Seller's Agent
Kirsten Knorr
Seven Gables Real Estate
Buyer's Agent
Jacqueline Case
Real Brokerage Technologies
List Price
$750,000
Sold Price
$765,000
Premium/Discount to List
$15,000
2%
Current Estimated Value
$902,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,887
Avg. Annual Appreciation
4.09%
Original Mortgage
$629,000
Outstanding Balance
$575,646
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$327,241

Purchase Details

Listed on
May 11, 2021
Closed on
May 21, 2021
Sold by
Seeser Michelle
Bought by
Holtz Dustin
Seller's Agent
Kirsten Knorr
Seven Gables Real Estate
Buyer's Agent
Jacqueline Case
Real Brokerage Technologies
List Price
$750,000
Sold Price
$765,000
Premium/Discount to List
$15,000
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$629,000
Outstanding Balance
$575,646
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$327,241

Purchase Details

Listed on
Feb 14, 2018
Closed on
Feb 22, 2018
Sold by
David Chad Anthony
Bought by
Seeser Michelle
Seller's Agent
Robert Armstrong
First Team Real Estate
Buyer's Agent
Deborah Palmer
Realty One Group West
List Price
$579,900
Sold Price
$595,000
Premium/Discount to List
$15,100
2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%
Original Mortgage
$535,500
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 8, 2013
Closed on
Oct 16, 2013
Sold by
Jones Randall Wayne
Bought by
David Chad Anthony
Seller's Agent
Jennifer Davis
Y Realty
Buyer's Agent
Robert Armstrong
First Team Real Estate
List Price
$445,000
Sold Price
$447,000
Premium/Discount to List
$2,000
0.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$357,600
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2002
Sold by
Jones Melba
Bought by
Jones Melba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
7.11%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 9, 1997
Sold by
Jones Melba
Bought by
Jones Melba
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
Holtz Dustin -- First Amer Ttl Co Res Div
Holtz Dustin $765,000 First Amer Ttl Co Res Div
Seeser Michelle $595,000 First American Title
David Chad Anthony $447,000 North American Title Co
Jones Melba -- South Coast Title
Jones Melba -- --
Jones Melba -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holtz Dustin $629,000
Previous Owner Seeser Michelle $534,770
Previous Owner Seeser Michelle $535,500
Previous Owner David Chad Anthony $350,500
Previous Owner David Chad Anthony $357,600
Previous Owner Jones Melba $544,185
Previous Owner Jones Melba $20,000
Previous Owner Jones Melba $56,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2021 06/09/21 Sold $765,000 -1.9% $624 / Sq Ft
05/18/2021 05/18/21 Price Changed $780,000 +4.0% $637 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $750,000 +26.1% $612 / Sq Ft
03/14/2018 03/14/18 Sold $595,000 +2.6% $486 / Sq Ft
02/14/2018 02/14/18 For Sale $579,900 +29.7% $473 / Sq Ft
11/06/2013 11/06/13 Sold $447,000 +0.4% $365 / Sq Ft
10/14/2013 10/14/13 Pending -- -- --
08/08/2013 08/08/13 For Sale $445,000 -- $363 / 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
2024 $10,640 $811,822 $649,458 $162,364
2023 $10,464 $795,905 $636,724 $159,181
2022 $9,822 $780,300 $624,240 $156,060
2021 $7,973 $625,449 $500,360 $125,089
2020 $7,950 $619,037 $495,230 $123,807
2019 $7,858 $606,900 $485,520 $121,380
2018 $6,265 $481,581 $385,266 $96,315
2016 $5,770 $462,882 $370,306 $92,576
2015 $5,544 $455,930 $364,744 $91,186
2014 $5,504 $447,000 $357,600 $89,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21088470

California Regional Multiple Listing Service (CRMLS)

APN: 7152-014-022