F
Seller's Agent in 2024
Frank Lynch
First Team Real Estate
2861 Pacific Ave Long Beach, CA 90806
North Wrigley NeighborhoodEstimated Value: $790,447 - $940,000
3
Beds
1
Bath
1,138
Sq Ft
$747/Sq Ft
Est. Value
Highlights
- No HOA
- Double Pane Windows
- Laundry Room
- Long Beach Polytechnic High School Rated A
- Park
- 3-minute walk to Veterans Park
About This Home
As of July 2024Nestled in the heart of Long Beach, California, discover the charm of 2861 Pacific Ave, a newly remodeled gem boasting modern comforts and endless possibilities. This cozy abode offers 3 bedrooms and 1 bath spread across a thoughtfully designed 1,139 square feet of living space, perfect for families seeking comfort and functionality.
Step inside to find an inviting interior adorned with contemporary finishes and an abundance of natural light, creating a welcoming ambiance throughout. The layout seamlessly connects the living, dining, and kitchen areas, ideal for simply unwinding after a long day.
Featuring newly remodeled kitchen, stainless steel stove, and ample cabinet space, making meal preparation a breeze
Venture outside to discover a spacious backyard oasis, offering endless opportunities for landscaping and outdoor enjoyment and relaxation. With plenty of room for gardening, entertaining, or simply soaking up the California sun, this tranquil retreat is the perfect escape from the hustle and bustle of city life.
But the allure of 2861 Pacific Ave doesn't end there – this property also boasts a spacious detached 2-car garage, providing ample storage space and convenience for homeowners. Additionally, the expansive backyard qualifies for a 720 square foot Accessory Dwelling Unit (ADU), offering the potential for additional living space, rental income, or a private retreat for guests.
Conveniently located in the vibrant city of Long Beach, residents of 2861 Pacific Ave enjoy easy access to a wealth of amenities, including shops, restaurants, parks, and schools, ensuring that every need is met within close proximity.
Don't miss your chance to own this turnkey residence in a prime Long Beach location – come experience the endless possibilities that await at 2861 Pacific Ave.
Last Agent to Sell the Property
Frank Lynch
First Team Real Estate Brokerage Phone: 562-565-4801 License #01391760 Listed on: 05/09/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 1945
Lot Details
- 6,001 Sq Ft Lot
- Density is up to 1 Unit/Acre
Parking
- 600 Car Garage
- Parking Available
- Two Garage Doors
Home Design
- Entry on the 1st floor
Interior Spaces
- 3 Main Level Bedrooms
- 1,138 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Family Room
- Center Hall
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Additional Features
- Urban Location
- High-Efficiency Water Heater
Listing and Financial Details
- Tax Lot 5501
- Tax Tract Number 20
- Assessor Parcel Number 7206012020
- $1,071 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
Recreation
- Park
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 9, 2024
Closed on
Jun 24, 2024
Sold by
Betty A Colquhoun Trust and Colquhoun Jeffrey H
Bought by
Ramirez Michael and Gonzalez Yolanda
Seller's Agent
Frank Lynch
First Team Real Estate
Buyer's Agent
Daisy Aranda
eXp Realty of Greater L.A
List Price
$820,000
Sold Price
$780,000
Premium/Discount to List
-$40,000
-4.88%
Views
22
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
$70,112
Avg. Annual Appreciation
5.99%
Original Mortgage
$624,000
Outstanding Balance
$616,037
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$234,075
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ramirez Michael | $780,000 | Western Resources Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ramirez Michael | $624,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/02/2024 07/02/24 | Sold | $780,000 | -2.4% | $685 / Sq Ft |
| 05/20/2024 05/20/24 | Price Changed | $799,000 | -2.6% | $702 / Sq Ft |
| 05/09/2024 05/09/24 | For Sale | $820,000 | -- | $721 / 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 |
|---|---|---|---|---|
| 2025 | $1,092 | $780,000 | $678,000 | $102,000 |
| 2024 | $1,092 | $60,260 | $28,808 | $31,452 |
| 2023 | $1,071 | $59,080 | $28,244 | $30,836 |
| 2022 | $1,018 | $57,923 | $27,691 | $30,232 |
| 2021 | $988 | $56,789 | $27,149 | $29,640 |
| 2019 | $973 | $55,107 | $26,345 | $28,762 |
| 2018 | $847 | $54,028 | $25,829 | $28,199 |
| 2016 | $776 | $51,932 | $24,827 | $27,105 |
| 2015 | $750 | $51,153 | $24,455 | $26,698 |
| 2014 | $753 | $50,152 | $23,976 | $26,176 |
Source: Public Records
Agents Affiliated with this Home
-
-
Daisy Aranda
D
Buyer's Agent in 2024
Daisy Aranda
eXp Realty of Greater L.A
(310) 650-7581
1 in this area
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24092977
APN: 7206-012-020
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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