NOT LISTED FOR SALE

Estimated Value: $767,000 - $807,000

3 Beds
2 Baths
992 Sq Ft
$788/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $660,000 $665 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,821/month

87 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Wall Furnace
  • Woodrow Wilson High School Rated A
  • Laundry Room
  • 4-minute walk to Orizaba Park

About This Home

As of September 2023

Presenting a delightful Craftsman-style cottage, nestled just a ten minute commute from the sandy beach, the vibrant Pike, the serene Shoreline Marina, the eclectic Arts District of 7th Corridor and the cultural hub of Cambodia Town. This charming residence is conveniently situated within walking distance to a bustling array of shops, restaurants, and groceries stores located in Downtown Long Beach.

Offering swift access to Long Beach Airport and California State University, Long Beach, this property represents an ideal first-time purchase for burgeoning families or individuals eager to establish a comfortable home base. Filled with untapped potential, this property invites you to personalize the space to your taste, making it a canvas for your dreams.

The cottage boasts a spacious, single-car garage complemented by an expansive outdoor area. A perfect match for those with an affinity for Long Beach's bustling outdoor life and vibrant events, including the Acura Grand Prix of Long Beach, X Games, and the World Surf League's Pro Longboard Tour, not to mention the cornucopia of music festivals and outdoor concerts.

In anticipation of the 2028 Olympics, Long Beach will welcome the Belmont Beach and Aquatic Center, a state-of-the-art facility to be constructed on the beachfront. This aquatic center will undoubtedly become a cornerstone for the Long Beach aquatic competition community, boasting features such as two 50-meter competition pools, recreational and teaching pools, therapeutic whirlpools, diving platforms, springboards, and deep water wells.

Further enhancing this athletic haven will be an accompanying park, a casual walk-up restaurant, and beautifully landscaped plazas, all designed to optimize the beach setting and Southern California's radiant weather. This craftsman's cottage provides a golden opportunity to be a part of this evolving and dynamic community.

Last Agent to Sell the Property

Ling Beh

RealiFi Realty, Inc. License #01945660 Listed on: 05/23/2023

Last Buyer's Agent

Kai Kim

Real Broker License #02040060

Real Broker

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Lot Details

  • 2,255 Sq Ft Lot
  • Private Yard
  • Property is zoned LBR2N

Parking

  • 1 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 992 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Suburban Location
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 11933
  • Assessor Parcel Number 7260026002
  • $321 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LBR2N
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7260026002
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 992.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 665.32
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • 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: Walkstreet, Yard
  • Lot Size Sq Ft: 2255.00
  • Lot Size Acres: 0.0518

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2255.0000 Square Feet
  • Number Of Units Total: 10

Tax Info

  • Tax Census Tract: 5751.02
  • Tax Lot: 1
  • Tax Tract Number: 11933
  • TaxOtherAnnualAssessmentAmount: 321.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2023
Closed on
Sep 11, 2023
Sold by
Wherritt Laine
Bought by
Spatz Whitney
Seller's Agent
Ling Beh
RealiFi Realty, Inc.
Buyer's Agent
Kai Kim
Real Broker
List Price
$675,000
Sold Price
$660,000
Premium/Discount to List
-$15,000
-2.22%
Views
429
Current Estimated Value
$782,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,110
Avg. Annual Appreciation
7.73%
Original Mortgage
$528,000
Outstanding Balance
$516,675
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$265,435

Purchase Details

Listed on
May 23, 2023
Closed on
Sep 7, 2023
Sold by
Spatz Whitney and Spatz Callen
Bought by
Chan Leonard and Trent Danielle
Seller's Agent
Ling Beh
RealiFi Realty, Inc.
Buyer's Agent
Kai Kim
Real Broker
List Price
$675,000
Sold Price
$660,000
Premium/Discount to List
-$15,000
-2.22%
Views
429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Outstanding Balance
$516,675
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$265,435

Purchase Details

Listed on
May 28, 2019
Closed on
Aug 9, 2019
Sold by
Gonzalez Heriberto Paz
Bought by
Spatz Whitney and Spatz Callen
Seller's Agent
Karina Veliz
Veliz Empire Realty
Buyer's Agent
Whitney Spatz
eXp Realty of California Inc
List Price
$490,000
Sold Price
$469,200
Premium/Discount to List
-$20,800
-4.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%
Original Mortgage
$445,740
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2016
Sold by
Property Executive Group Inc
Bought by
Gonzalez Heriberto Paz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,936
Interest Rate
3.43%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 2016
Sold by
Garces Dawn Patrice
Bought by
Property Executive Group Inc and Lare 2008 Llc

Purchase Details

Closed on
Mar 30, 2004
Sold by
Jimenez Hilda
Bought by
Garces Dawn Patrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,800
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2003
Sold by
Nace Daniel S and Nace Esther G
Bought by
Jimenez Hilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 1994
Sold by
Nace Daniel S and Nace Esther G
Bought by
Nace Daniel S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
8.53%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Spatz Whitney -- Orange Coast Title
Chan Leonard $660,000 Orange Coast Title Company
Spatz Whitney $469,500 Orange Coast Title Company
Gonzalez Heriberto Paz $390,000 Lawyers Title Co
Gonzalez Heriberto Paz -- Lawyers Title Co
Property Executive Group Inc $282,000 None Available
Garces Dawn Patrice $316,000 Old Republic Title Company
Jimenez Hilda $215,000 --
Nace Daniel S -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Leonard $528,000
Previous Owner Spatz Whitney $445,740
Previous Owner Gonzalez Heriberto Paz $382,936
Previous Owner Garces Dawn Patrice $252,800
Previous Owner Jimenez Hilda $172,000
Previous Owner Nace Daniel S $105,000
Closed Garces Dawn Patrice $63,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2023 09/15/23 Sold $660,000 -2.2% $665 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
07/27/2023 07/27/23 Price Changed $675,000 -6.3% $680 / Sq Ft
07/16/2023 07/16/23 Price Changed $720,000 +6.7% $726 / Sq Ft
07/14/2023 07/14/23 For Sale $675,000 +2.3% $680 / Sq Ft
06/05/2023 06/05/23 Off Market $660,000 -- --
06/05/2023 06/05/23 Pending -- -- --
05/23/2023 05/23/23 For Sale $675,000 +43.9% $680 / Sq Ft
09/18/2019 09/18/19 Sold $469,200 -2.3% $473 / Sq Ft View Prior Sale
08/26/2019 08/26/19 Pending -- -- --
06/13/2019 06/13/19 Price Changed $480,000 -2.0% $484 / Sq Ft
05/20/2019 05/20/19 For Sale $490,000 -- $494 / 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 $8,526 $673,200 $588,234 $84,966
2024 $8,526 $660,000 $576,700 $83,300
2023 $6,472 $493,525 $348,779 $144,746
2022 $6,075 $483,849 $341,941 $141,908
2021 $5,955 $474,363 $335,237 $139,126
2019 $5,125 $405,756 $260,100 $145,656
2018 $4,971 $397,800 $255,000 $142,800
2016 $4,465 $373,000 $237,000 $136,000
2015 $3,751 $320,000 $203,500 $116,500
2014 $3,501 $294,000 $187,000 $107,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23090130

California Regional Multiple Listing Service (CRMLS)

APN: 7260-026-002