NOT LISTED FOR SALE

3240 Elm Ave Long Beach, CA 90807

Memorial Heights Neighborhood

Estimated Value: $863,000 - $970,000

3 Beds
2 Baths
1,430 Sq Ft
$642/Sq Ft Est. Value

Last Sold October 16, 2018

Last sale price $610,000 $427 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,527/month

72 Days on Market

Highlights

  • City View
  • Open Floorplan
  • Wood Flooring
  • Hughes Middle School Rated A-
  • Traditional Architecture
  • Bonus Room

About This Home

As of October 2018

Newly Landscaped, Cute three bedroom/two bath with large bonus room located on a secluded cul-de-sac street is a perfect starter home! All the work has been done for you. This home features an upgraded kitchen with new spacious soft-close cabinets, granite countertops, new flooring and stainless-steel appliances. Additional upgrades include new dual paned windows throughout, freshly painted interiors, new wood laminate flooring in family and dining rooms, hallways, and newly tiled bathrooms. This home is great for entertaining with its open floor plan and two great backyards. Well-loved home near award winning schools, shopping centers, parks and library, many nearby public transportation options and close freeway access. Welcome home!

Last Agent to Sell the Property

Robert Wendt

Robert Wendt License #01953632 Listed on: 07/09/2018

Last Buyer's Agent

Visakha Sir

Circle Real Estate License #01980472

Circle Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • 8,239 Sq Ft Lot
  • Cul-De-Sac
  • Sprinkler System
  • Property is zoned LBR1N

Home Design

  • Traditional Architecture
  • Additions or Alterations
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,430 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Double Pane Windows
  • Sliding Doors
  • Dining Room
  • Bonus Room
  • Wood Flooring
  • City Views

Kitchen

  • Open to Family Room
  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Mirrored Closets Doors
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • Converted Garage
  • Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7207-001-016

Home Details

Home Type

Single Family

Year Built

Built in 1977 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1430
  • Probate: No
  • Property Condition: Additions/Alter, Updated/Remodeled
  • Stories: 1
  • Year Built: 1977
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Drywall Walls, Mirrored Closet Door(s), Open Floor Plan, Recessed Lighting
  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Kitchen Features: Granite Counters, Island, Open to Family Room
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Network Wire, Range/Oven, Refrigerator
  • Price Per S Q F T: 426.57
  • Windows: Double Pane Windows

Exterior Features

  • Other Features: Sliding Glass Doors, Sprinkler System
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway - Concrete

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Tankless
  • Cooling: Wall Unit(s)
  • Heating: Forced Air

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 7207-001-016
  • Geocode Override: No
  • Lot Location: Cul-De-Sac
  • Lot Size Area: 8239

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2020
Sold by
Keo Patrick Sophat
Bought by
Keo Molica
Current Estimated Value
$917,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,000
Outstanding Balance
$404,635
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$513,221

Purchase Details

Listed on
Jul 9, 2018
Closed on
Sep 20, 2018
Sold by
Potasi Che and Potasi Dorothy
Bought by
Keo Patrick Sophat and Keo Molica
Seller's Agent
Robert Wendt
Robert Wendt
Buyer's Agent
Visakha Sir
Circle Real Estate
List Price
$630,000
Sold Price
$610,000
Premium/Discount to List
-$20,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%
Original Mortgage
$453,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 12, 2013
Closed on
Apr 29, 2013
Sold by
Seif Essam A
Bought by
Potasi Che and Potasi Dorothy
Seller's Agent
Shelley Hanks
Access Coastal Realty
Buyer's Agent
Shelley Hanks
Access Coastal Realty
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Original Mortgage
$417,302
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 27, 2009
Sold by
Rostom Sohair and Seif Daniel
Bought by
Seif Essam A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2009
Sold by
Rostom Mourad L
Bought by
Rostom Sohair

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2009
Sold by
Possigian Clarice and Possigian Herald
Bought by
Rostom Sohair

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2002
Sold by
Possigian John and Possigian Clarice
Bought by
Possigian John

Purchase Details

Closed on
Jun 13, 2001
Sold by
Possigian John and Possigian Clarice
Bought by
The Clarice & John Possigian Family Tr
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
Keo Molica -- Provident Title Company
Keo Patrick Sophat $610,000 Lawyers Title Company
Potasi Che $425,000 Lawyers Title Company
Seif Essam A -- Accommodation
Rostom Sohair -- Orange Coast Title
Rostom Sohair $376,000 Orange Coast Title
Possigian John -- --
The Clarice & John Possigian Family Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keo Molica $457,000
Previous Owner Keo Patrick Sophat $453,000
Previous Owner Potasi Che $417,302
Previous Owner Rostom Sohair $282,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2018 10/16/18 Sold $610,000 0.0% $427 / Sq Ft
08/23/2018 08/23/18 Price Changed $610,000 -3.2% $427 / Sq Ft
07/09/2018 07/09/18 For Sale $630,000 +48.2% $441 / Sq Ft
06/06/2013 06/06/13 Sold $425,000 0.0% $297 / Sq Ft View Prior Sale
04/26/2013 04/26/13 Pending -- -- --
04/12/2013 04/12/13 For Sale $425,000 -- $297 / Sq Ft
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 $8,731 $680,460 $423,225 $257,235
2024 $8,731 $667,119 $414,927 $252,192
2023 $8,586 $654,040 $406,792 $247,248
2022 $8,062 $641,216 $398,816 $242,400
2021 $7,905 $628,645 $390,997 $237,648
2020 $7,885 $622,200 $386,988 $235,212
2019 $7,794 $610,000 $379,400 $230,600
2018 $5,861 $459,955 $281,818 $178,137
2016 $5,392 $442,097 $270,876 $171,221
2015 $5,176 $435,458 $266,808 $168,650
2014 $5,143 $426,929 $261,582 $165,347
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Robert Wendt

    Robert Wendt

    Section Image
  • Visakha Sir

    Buyer's Agent in 2018

    Visakha Sir

    Circle Real Estate

    (562) 310-3742

    137 Total Sales

    Visakha Sir
    Section Image
  • Shelley Hanks

    Seller's Agent in 2013

    Shelley Hanks

    Access Coastal Realty

    (562) 212-6886

    59 Total Sales

    Shelley Hanks
    Section Image
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Map

Source: The MLS

MLS Number: 18-363070

The MLS

APN: 7207-001-016

California Los Angeles County Long Beach 90807 Memorial Heights

3240 Elm Ave, Long Beach, CA

Not Listed for Sale

Detached

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