NOT LISTED FOR SALE

Estimated Value: $1,126,736 - $1,244,000

4 Beds
3 Baths
1,442 Sq Ft
$812/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $1,025,000 $711 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,371/month

20 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Property is near a park
  • No HOA
  • Stanford Middle School Rated A-
  • Bonus Room
  • Neighborhood Views

About This Home

As of February 2021

Welcome to 2725 Nipomo! This lovely mid century home is completely remodeled and upgraded to perfection. The property features an open-concept 3 bedroom, 2 bathroom home with a bonus detached studio in the rear. The main house includes all new flooring throughout; beautiful kitchen and bathrooms with quartz counters, marble backsplash and stainless steel appliances; and a fabulous master en-suite with a walk-in closet and spacious master bath. The home also features a detached bonus studio (approx 600 sqft) perfect for additional family members, potential airBnB, or a rental providing supplemental income. The opportunities are endless. One of the best neighborhoods in Long Beach; this wont last long!

Last Agent to Sell the Property

Tara Riggi

Y Realty License #01986173 Listed on: 01/06/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,977

Year Built

  • Built in 1951

Lot Details

  • 5,349 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned LBR1N

Parking

  • 2 Car Garage

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,442 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Bonus Room
  • Neighborhood Views
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 380
  • Tax Tract Number 16887
  • Assessor Parcel Number 7233021016

Community Details

Overview

  • No Home Owners Association
  • Plaza South Of Spring Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,977

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Plaza South of Spring (PZS)
  • View: Yes
  • Zoning: LBR1N
  • Architectural Style: Mid Century Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7233021016
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1442.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 710.82
  • Room Type: All Bedrooms Down, Bonus Room
  • Room Kitchen Features: Walk-In Pantry

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Sidewalks, Suburban

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Park Nearby
  • Lot Size Sq Ft: 5349.00
  • Lot Size Acres: 0.1228

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5349.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 5744.00
  • Tax Lot: 380
  • Tax Tract Number: 16887

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2021
Closed on
Feb 23, 2021
Sold by
Elmoro Holdings Llc
Bought by
Clever Todd and Stojan Maya
Seller's Agent
Tara Riggi
Y Realty
List Price
$1,039,000
Sold Price
$1,025,000
Premium/Discount to List
-$14,000
-1.35%
Current Estimated Value
$1,170,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,434
Avg. Annual Appreciation
2.93%
Original Mortgage
$820,000
Outstanding Balance
$733,400
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$437,034

Purchase Details

Listed on
Jan 6, 2021
Closed on
Jan 29, 2021
Sold by
Elmoro Holdings Llc
Bought by
Clever Todd and Stojan Maya
Seller's Agent
Tara Riggi
Y Realty
List Price
$1,039,000
Sold Price
$1,025,000
Premium/Discount to List
-$14,000
-1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Outstanding Balance
$733,400
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$437,034

Purchase Details

Listed on
Jul 21, 2020
Closed on
Sep 21, 2020
Sold by
Mooney Colleen Marie and Koenig Family Trust
Bought by
Elmoro Holdings Llc
Seller's Agent
Loree Swanenburg
Real Brokerage Technologies
Buyer's Agent
Tara Riggi
Y Realty
List Price
$759,000
Sold Price
$720,000
Premium/Discount to List
-$39,000
-5.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
136.66%
Original Mortgage
$540,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 26, 1997
Sold by
Koenig Jo
Bought by
The Koenig Family Trust
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
Clever Todd $1,025,000 First American Title Co
Clever Todd $1,025,000 First American Title Company O
Elmoro Holdings Llc $720,000 First American Title Company
The Koenig Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clever Todd $820,000
Closed Clever Todd $820,000
Previous Owner Elmoro Holdings Llc $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2021 02/26/21 Sold $1,025,000 -1.3% $711 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $1,039,000 +44.3% $721 / Sq Ft
10/01/2020 10/01/20 Sold $720,000 -5.1% $499 / Sq Ft View Prior Sale
09/09/2020 09/09/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $759,000 -- $526 / 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 $13,977 $1,109,490 $665,694 $443,796
2024 $13,977 $1,087,737 $652,642 $435,095
2023 $13,754 $1,066,410 $639,846 $426,564
2022 $12,874 $1,045,500 $627,300 $418,200
2021 $9,004 $720,000 $576,000 $144,000
2020 $1,469 $99,719 $41,222 $58,497
2019 $1,452 $97,764 $40,414 $57,350
2018 $1,311 $95,848 $39,622 $56,226
2016 $1,194 $92,129 $38,085 $54,044
2015 $1,150 $90,746 $37,513 $53,233
2014 $1,149 $88,970 $36,779 $52,191
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21002788

California Regional Multiple Listing Service (CRMLS)

APN: 7233-021-016