NOT LISTED FOR SALE

Estimated Value: $1,237,000 - $1,458,000

3 Beds
2 Baths
1,180 Sq Ft
$1,098/Sq Ft Est. Value

Last Sold September 06, 2019

Last sale price $925,000 $784 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $8,103/month

1 Day on Market

Highlights

  • Golf Course Community
  • Filtered Pool
  • Updated Kitchen
  • Cubberley K-8 Rated A-
  • Fishing
  • Open Floorplan

About This Home

As of September 2019

Midcentury modern design is celebrated throughout the world for its unique features, and this exceptional Rancho embodies the best qualities of this glorious era. Built in 1953 and designed by renowned architect Cliff May, this gorgeous home features clerestory windows, open beam ceilings, floor to ceiling glass doors and windows, a breeze block patio, and petrified wood accents for dramatic contrast. And nothing complements a midcentury modern home better than a sparkling pool, complete with expansive wood deck for lounging and entertaining. While this residence is rich in vintage character, it is also upgraded with modern conveniences that include an island kitchen with breakfast bar and 6-burner gas range, large stainless-steel refrigerator, upgraded bathrooms and custom finishes, and best of all in these sizzling summer months – air conditioning. This exceptional property is located in a quiet interior location within the Rancho Estates, a celebrated Long Beach neighborhood famous for its midcentury modern architecture, tree-lined streets, strong sense of community, proximity to 800 acre El Dorado Park and Nature Preserve, and bike path to the beach. This property presents the rare opportunity for an extraordinary lifestyle at a sub-$1M price tag, conveniently located between Los Angeles and Orange County and only six miles to the coastline.

Last Agent to Sell the Property

Douglas Kramer

Re/Max R. E. Specialists License #01374637 Listed on: 08/08/2019

Re/Max R. E. Specialists

Co-Listed By

Rochelle Kramer

Re/Max R. E. Specialists License #01392260

Last Buyer's Agent

Jennifer Davis

Y Realty License #01383659

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,691

Year Built

  • Built in 1953

Lot Details

  • 5,192 Sq Ft Lot
  • Block Wall Fence
  • Landscaped
  • Back and Front Yard
  • Property is zoned LBPD11

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Midcentury Modern Architecture
  • Patio Home
  • Turnkey
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,180 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Concrete Flooring
  • Pool Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Jack-and-Jill Bathroom
  • Bathtub
  • Walk-in Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • Filtered Pool
  • In Ground Pool

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 87
  • Tax Tract Number 17558
  • Assessor Parcel Number 7079005021

Community Details

Overview

  • No Home Owners Association
  • Built by Ross Cortese
  • Californian
  • Community Lake
  • Property is near a preserve or public land

Recreation

  • Golf Course Community
  • Fishing
  • Park
  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,691

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Subdivision Name Other: Rancho (RNC)
  • View: Yes
  • Zoning: LBPD11
  • Architectural Style: Mid Century Modern
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7079005021
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1180.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Concrete
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 783.90
  • Room Type: Jack & Jill, Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Bathroom Features: Bathtub, Shower, Closet In Bathroom
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Pool
  • Fence: Yes
  • Fencing: Block
  • Builder Name: Ross Cortese
  • Patio And Porch Features: Deck
  • Pool Features: Private, Filtered, In Ground
  • Pool Private: Yes
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Dog Park, Fishing, Golf, Lake, Park, Preserve/Public Land, Sidewalks, Street Lights, Suburban

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Park Nearby, Patio Home
  • Lot Size Sq Ft: 5192.00
  • Lot Size Acres: 0.1192

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5192.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5740.00
  • Tax Lot: 87
  • Tax Tract Number: 17558

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2019
Closed on
Aug 12, 2019
Sold by
Rouse Leonard M
Bought by
Mcgrath Michael T and Mcgrath Michele K
Seller's Agent
Douglas Kramer
Re/Max R. E. Specialists
Buyer's Agent
Jennifer Davis
Y Realty
List Price
$919,000
Sold Price
$925,000
Premium/Discount to List
$6,000
0.65%
Current Estimated Value
$1,295,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,508
Avg. Annual Appreciation
5.78%
Original Mortgage
$700,000
Outstanding Balance
$615,722
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$679,786

Purchase Details

Listed on
May 8, 2015
Closed on
Jun 9, 2015
Sold by
Murray Matthew C
Bought by
Rouse Leonard M
Seller's Agent
Howard Flowers
Coldwell Banker Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$685,000
Sold Price
$620,000
Premium/Discount to List
-$65,000
-9.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%
Original Mortgage
$395,000
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2001
Sold by
Murray Amy K
Bought by
Murray Matthew C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.09%

Purchase Details

Closed on
Sep 22, 1999
Sold by
Murray Kathryn F
Bought by
Murray Matthew C and Murray Amy K
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
Mcgrath Michael T $925,000 First American Title Company
Rouse Leonard M $620,000 Ticor Title Insurance Co
Murray Matthew C -- Equity Title
Murray Matthew C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgrath Michael T $700,000
Previous Owner Rouse Leonard M $391,000
Previous Owner Rouse Leonard M $395,000
Previous Owner Murray Matthew C $132,638
Previous Owner Murray Matthew C $30,000
Previous Owner Murray Matthew C $156,583
Previous Owner Murray Matthew C $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2019 09/06/19 Sold $925,000 0.0% $784 / Sq Ft
08/10/2019 08/10/19 Price Changed $925,000 +0.7% $784 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
08/08/2019 08/08/19 For Sale $919,000 +48.2% $779 / Sq Ft
07/20/2015 07/20/15 Sold $620,000 -1.6% $549 / Sq Ft
06/07/2015 06/07/15 Pending -- -- --
05/28/2015 05/28/15 Price Changed $630,000 -4.5% $558 / Sq Ft
05/18/2015 05/18/15 Price Changed $660,000 -3.6% $584 / Sq Ft
05/08/2015 05/08/15 For Sale $685,000 +10.5% $606 / Sq Ft
05/07/2015 05/07/15 Off Market $620,000 -- --
05/07/2015 05/07/15 For Sale $685,000 -- $606 / 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 $12,691 $1,011,619 $809,296 $202,323
2024 $12,691 $991,784 $793,428 $198,356
2023 $12,487 $972,338 $777,871 $194,467
2022 $11,717 $953,273 $762,619 $190,654
2021 $11,502 $934,582 $747,666 $186,916
2019 $8,240 $657,947 $526,358 $131,589
2018 $7,988 $645,047 $516,038 $129,009
2016 $7,346 $620,000 $496,000 $124,000
2015 $2,633 $216,953 $143,611 $73,342
2014 $2,620 $212,704 $140,798 $71,906
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19189051

California Regional Multiple Listing Service (CRMLS)

APN: 7079-005-021