NOT LISTED FOR SALE

3148 Locust Ave Long Beach, CA 90807

Memorial Heights Neighborhood

Estimated Value: $812,000 - $899,000

3 Beds
2 Baths
1,360 Sq Ft
$616/Sq Ft Est. Value

Highlights

  • Living Room with Fireplace
  • Views
  • 1-Story Property
  • Hughes Middle School Rated A-

About This Home

As of February 2014

Freshly renovated 3 bedrooms / 2 bathroom home with a bright and crisp clean appearance. This home has a very spacious driveway including a 2 car garage. The interior has granite counter tops, new appliances as well as new flooring and fresh paint throughout. Don't miss out on this one.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 7,648 Sq Ft Lot
  • Property is zoned LBR1N

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,360 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Oven or Range
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Security Deposit $2,200
  • Tenant pays for move in fee
  • 12 Month Lease Term
  • Assessor Parcel Number 7204-010-022

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Rental Info

  • Lease Option: 1
  • Security Deposit: 2200
  • Tenant Pays: Move In Fee

Listing Details

  • Property Type: Residential Lease
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Complex Name: n/a
  • Entry Floor: 1
  • Lease Terms: 1+Year
  • Living Area: 1360
  • Stories: 1
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Total Bathrooms: 2.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 1.62

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Association/Amenities

  • Pet Rules: Yes

Condo/Co-op/Association

  • Phone: n/a

Lot Info

  • Horses: No
  • Assessor Parcel Number: 7204-010-022
  • Geocode Override: No
  • Lot Size Area: 7648

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2017
Sold by
2017-2 Ih Borrowe Lp
Bought by
2017-2 Ih Borrower Lp
Current Estimated Value
$837,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$865,027,000
Outstanding Balance
$725,997,559
Interest Rate
3.91%
Mortgage Type
Commercial
Estimated Equity
-$725,160,269

Purchase Details

Closed on
Nov 12, 2014
Sold by
Thr California Lp
Bought by
2014-3 Ih Borrower Lp

Purchase Details

Closed on
Nov 26, 2012
Sold by
Mitchell Gary L
Bought by
Thr California Lp

Purchase Details

Closed on
Feb 2, 2005
Sold by
Mitchell Gary L
Bought by
Mitchell Gary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2002
Sold by
Mitchell Susan M
Bought by
Mitchell Gary M
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
2017-2 Ih Borrower Lp -- None Available
2014-3 Ih Borrower Lp -- None Available
Thr California Lp $289,646 Fnt Ie
Mitchell Gary L -- Chicago Title Co
Mitchell Gary M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2017-2 Ih Borrower Lp $865,027,000
Previous Owner Mitchell Gary L $265,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2014 02/03/14 Rented $2,200 0.0% --
02/03/2014 02/03/14 Under Contract -- -- --
01/22/2014 01/22/14 For Rent $2,200 0.0% --
03/13/2013 03/13/13 Rented $2,200 0.0% --
03/13/2013 03/13/13 Under Contract -- -- --
02/13/2013 02/13/13 For Rent $2,200 -- --
Source: The MLS

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 $7,984 $620,907 $388,793 $232,114
2024 $7,984 $608,733 $381,170 $227,563
2023 $7,851 $596,798 $373,697 $223,101
2022 $7,372 $585,097 $366,370 $218,727
2021 $7,228 $573,626 $359,187 $214,439
2020 $7,209 $567,745 $355,504 $212,241
2019 $5,186 $396,298 $275,975 $120,323
2018 $4,989 $388,528 $270,564 $117,964
2017 $4,937 $380,910 $265,259 $115,651
2016 $5,426 $445,694 $242,644 $203,050
2015 $4,408 $367,833 $256,152 $111,681
2014 $4,380 $360,629 $251,135 $109,494
Source: Public Records

Agents Affiliated with this Home

  • Charles Chamorro

    Seller's Agent in 2013

    Charles Chamorro

    eXp Realty of California Inc

    (310) 357-3166

    76 Total Sales

    Charles Chamorro
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Map

Source: The MLS

MLS Number: 14-731269

The MLS

APN: 7204-010-022

California Los Angeles County Long Beach 90807 Memorial Heights

3148 Locust Ave, Long Beach, CA

Not Listed for Sale

Detached

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