NOT LISTED FOR SALE

2562 E Madison St Long Beach, CA 90810

Estimated Value: $586,000 - $623,495

2 Beds
1 Bath
834 Sq Ft
$727/Sq Ft Est. Value

Last Sold December 09, 2016

Last sale price $329,000 $394 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,617/month

13 Days on Market

Highlights

  • Private Yard
  • Neighborhood Views
  • 1-Story Property
  • No HOA
  • 1 Car Attached Garage

About This Home

As of December 2016

Welcome home to 2562 E Madison Street!!!! Great starter home located in Lincoln Village. Recently rehabbed. Repairs include, but not limited to, fresh interior and exterior paint, new wall heater and new gas stove. Beautiful rear yard with fruit trees. Attached one car garage. Located in close proximity to the Port of Los Angeles, which is a major employer to the area. Close to schools, freeways and shopping centers. Just a short drive to Downtown Long Beach, the ocean and the recently renovated Shoreline Village that has shops and wonderful restaurants. (e.g.---Yard House, Tequila Jacks, Parker's Lighthouse, Gladstone's, P.F. Chang's) Bring your toothbrush and move in!

Last Agent to Sell the Property

Rob Buchan

Rob Buchan License #00687340 Listed on: 09/29/2016

Rob Buchan

Last Buyer's Agent

Gus Guzman

Century 21 Realty Masters License #01492463

Century 21 Realty Masters

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 2,838 Sq Ft Lot
  • Private Yard
  • Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned CARS*

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 834 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Exterior Lighting
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 269
  • Tax Tract Number 6720
  • Assessor Parcel Number 7308019003

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: CARS*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7308019003
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 834.00 Square Feet
  • Stories: 1
  • 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: 394.48
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Yard
  • Lot Size Sq Ft: 2838.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 5440.01
  • Tax Lot: 269
  • Tax Tract Number: 6720

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2016
Closed on
Dec 7, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mcintosh Candace Malka and Robinson Patricia
Seller's Agent
Rob Buchan
Rob Buchan
Buyer's Agent
Gus Guzman
Century 21 Realty Masters
List Price
$329,900
Sold Price
$329,000
Premium/Discount to List
-$900
-0.27%
Current Estimated Value
$606,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,374
Avg. Annual Appreciation
6.99%
Original Mortgage
$312,550
Outstanding Balance
$251,988
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$354,386

Purchase Details

Closed on
May 25, 2016
Sold by
Olguin Ricardo
Bought by
Federal Home Loan Mortgage Corporation F and Freddie Mac

Purchase Details

Closed on
Apr 18, 2000
Sold by
Vercoe Michael A and Vercoe Lynda R
Bought by
Olguin Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.75%

Purchase Details

Closed on
Jan 19, 2000
Sold by
Josephine M Carroll Trust and Noriega Judith A
Bought by
Delacruz Judith A
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
Mcintosh Candace Malka $329,000 First American Title Ins
Federal Home Loan Mortgage Corporation F $274,971 Accommodation
Olguin Ricardo $125,000 Continental Land Title
Delacruz Judith A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcintosh Candace Malka $312,550
Previous Owner Olguin Ricardo $100,000
Closed Olguin Ricardo $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2016 12/09/16 Sold $329,000 -0.3% $394 / Sq Ft
10/12/2016 10/12/16 Pending -- -- --
09/29/2016 09/29/16 For Sale $329,900 -- $396 / 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 $5,278 $381,828 $305,463 $76,365
2024 $5,278 $374,342 $299,474 $74,868
2023 $5,172 $367,002 $293,602 $73,400
2022 $4,916 $359,807 $287,846 $71,961
2021 $4,858 $352,752 $282,202 $70,550
2019 $4,679 $342,291 $273,833 $68,458
2018 $4,629 $335,580 $268,464 $67,116
2016 $2,483 $162,281 $90,879 $71,402
2015 $2,425 $159,844 $89,514 $70,330
2014 $2,416 $156,714 $87,761 $68,953
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Rob Buchan

    Rob Buchan

    (310) 344-5202

    Rob Buchan
    Section Image
  • Gus Guzman

    Buyer's Agent in 2016

    Gus Guzman

    Century 21 Realty Masters

    (562) 884-1393

    1 in this area

    44 Total Sales

    Gus Guzman
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16713734

California Regional Multiple Listing Service (CRMLS)

APN: 7308-019-003

California Los Angeles County Long Beach 90810

2562 E Madison St, Long Beach, CA

Not Listed for Sale

Detached

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