NOT LISTED FOR SALE

2551 E Adams St Long Beach, CA 90810

Estimated Value: $659,000 - $757,000

3 Beds
1 Bath
1,326 Sq Ft
$541/Sq Ft Est. Value

Last Sold December 12, 2014

Last sale price $340,000 $256 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $4,242/month

132 Days on Market

About This Home

As of December 2014

AMAZING PRICE REDUCTION!!! Nice 3 Bedroom, 2 Bath home located in a nice location, new paint inside and out, new flooring, Fireplace, one Car Garage Detached and much more. Great Sized lot that is perfect for entertaining. This one is a must see!!

Last Agent to Sell the Property

Angelica Suarez

Estate Properties License #01078617 Listed on: 07/02/2014

Last Buyer's Agent

Out of Area South Bay

SOUTH BAY AOR

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 5,565 Sq Ft Lot
  • Front Yard

Parking

  • 1 Car Garage

Interior Spaces

  • 1,326 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 518
  • Tax Tract Number 6720
  • Assessor Parcel Number 7308024034

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7308024034
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1326.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 256.41
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5565.00
  • Lot Size Acres: 0.1280

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5565.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 518
  • Tax Tract Number: 6720

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2014
Closed on
Nov 14, 2014
Sold by
Fannie Mae
Bought by
Ramos Oscar and Ramos Melisa
Seller's Agent
Angelica Suarez
Estate Properties
Buyer's Agent
Out of Area South Bay
SOUTH BAY AOR
List Price
$420,000
Sold Price
$340,000
Premium/Discount to List
-$80,000
-19.05%
Current Estimated Value
$717,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,300
Avg. Annual Appreciation
7.00%
Original Mortgage
$333,841
Outstanding Balance
$253,354
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$463,946

Purchase Details

Closed on
Jan 14, 2013
Sold by
Reynoso Santiago
Bought by
Federal Natonal Mortgage Association and Fannie Mae

Purchase Details

Closed on
Oct 5, 2012
Sold by
Reynoso Santiago
Bought by
Reynoso Santiago

Purchase Details

Closed on
Sep 16, 2004
Sold by
Mrad Luis A and Mrad Gloria G
Bought by
Reynoso Santiago

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ramos Oscar $340,000 First American Title
Federal Natonal Mortgage Association $428,219 Accommodation
Reynoso Santiago -- None Available
Reynoso Santiago $325,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Oscar $333,841
Previous Owner Reynoso Santiago $260,000
Closed Reynoso Santiago $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2014 12/12/14 Sold $340,000 +4.6% $256 / Sq Ft
11/11/2014 11/11/14 Pending -- -- --
11/03/2014 11/03/14 Price Changed $325,000 -7.1% $245 / Sq Ft
09/15/2014 09/15/14 Price Changed $350,000 -6.7% $264 / Sq Ft
08/15/2014 08/15/14 Price Changed $375,000 -5.1% $283 / Sq Ft
07/20/2014 07/20/14 Price Changed $395,000 -6.0% $298 / Sq Ft
07/02/2014 07/02/14 For Sale $420,000 -- $317 / 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 $5,676 $408,621 $326,898 $81,723
2024 $5,676 $400,610 $320,489 $80,121
2023 $5,563 $392,755 $314,205 $78,550
2022 $5,291 $385,055 $308,045 $77,010
2021 $5,227 $377,505 $302,005 $75,500
2019 $5,037 $366,310 $293,049 $73,261
2018 $4,946 $359,128 $287,303 $71,825
2016 $4,739 $345,185 $276,148 $69,037
2015 $4,646 $340,000 $272,000 $68,000
2014 $4,137 $291,316 $200,908 $90,408
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14139796

California Regional Multiple Listing Service (CRMLS)

APN: 7308-024-034