2550 Frankel St Lakewood, CA 90712
Lakewood Mutual Neighborhood
3
Beds
1
Bath
1,225
Sq Ft
5,000
Sq Ft Lot
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 2021Welcome 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
Seven Gables Real Estate License #02025657 Listed on: 05/11/2021
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
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
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
Similar Homes in Lakewood, CA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | First Amer Ttl Co Res Div | |
| Grant Deed | $765,000 | First Amer Ttl Co Res Div | |
| Grant Deed | $595,000 | First American Title | |
| Grant Deed | $447,000 | North American Title Co | |
| Interfamily Deed Transfer | -- | South Coast Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $629,000 | New Conventional | |
| Previous Owner | $534,770 | New Conventional | |
| Previous Owner | $535,500 | New Conventional | |
| Previous Owner | $350,500 | New Conventional | |
| Previous Owner | $357,600 | New Conventional | |
| Previous Owner | $544,185 | FHA | |
| Previous Owner | $20,000 | Credit Line Revolving | |
| Previous Owner | $56,250 | Stand Alone First |
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
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
-
Kirsten Knorr
Seller's Agent in 2021
Kirsten Knorr
Seven Gables Real Estate
(714) 500-3300
1 in this area
29 Total Sales
-
Birgitta Ganz
Seller Co-Listing Agent in 2021
Birgitta Ganz
Seven Gables Real Estate
(714) 392-1776
1 in this area
22 Total Sales
-
Jacqueline Case
Buyer's Agent in 2021
Jacqueline Case
Real Brokerage Technologies
(562) 833-2523
1 in this area
18 Total Sales
-
Robert Armstrong
Seller's Agent in 2018
Robert Armstrong
First Team Real Estate
(949) 933-8040
13 Total Sales
-
D
Buyer's Agent in 2018
Deborah Palmer
Realty One Group West
-
Jennifer Davis
Seller's Agent in 2013
Jennifer Davis
Y Realty
(562) 619-1443
112 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21088470
APN: 7152-014-022
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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