NOT LISTED FOR SALE

Estimated Value: $1,185,744 - $1,390,000

3 Beds
2 Baths
1,200 Sq Ft
$1,067/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $1,026,000 $855 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $7,917/month

6 Days on Market

Highlights

  • Golf Course Community
  • Fishing
  • Property is near a park
  • Cubberley K-8 Rated A-
  • Midcentury Modern Architecture
  • Lawn

About This Home

As of December 2023

This Cliff May designed home in the Rancho Estates of Long Beach presents a rare opportunity to purchase a residence that has most original features intact, at a deeply discounted price. The property has significant deferred maintenance that will require investment, however comparably sized properties in the Rancho Estates have recently sold in the range of $1.3 million to $1.5 million. In addition to original design features, the property has a detached 2-car garage measuring almost 400 square feet, which provides the opportunity for an ADU without compromising off-street parking. The location is also positive as the property is sited on a quiet interior lot with a spacious and private backyard. For the savvy buyer who wants midcentury modern character and design pedigree, and is prepared to put in some investment, this property is well worth investigating.

Last Agent to Sell the Property

Douglas Kramer

Re/Max R. E. Specialists License #01374637 Listed on: 10/26/2023

Re/Max R. E. Specialists

Co-Listed By

Rochelle Kramer

Re/Max R. E. Specialists License #01392260

Last Buyer's Agent

Stephen Meade

Domicile Real Estate License #01378749

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,124

Year Built

  • Built in 1953

Lot Details

  • 5,375 Sq Ft Lot
  • Level Lot
  • Lawn
  • 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
  • Entry on the 1st floor
  • Major Repairs Completed
  • Fixer Upper
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Courtyard Views

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Jack-and-Jill Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Stone Porch or Patio
  • Exterior Lighting

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 46
  • Tax Tract Number 17558
  • Assessor Parcel Number 7079004020
  • $390 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Built by Ross Cortese
  • Rancho Subdivision
  • Property is near a preserve or public land

Recreation

  • Golf Course Community
  • Fishing
  • Park
  • Dog Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,124

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: Paved
  • Subdivision Name Other: Rancho (RNC)
  • View: Yes
  • Zoning: LBPD11
  • Architectural Style: Mid Century Modern
  • Property Condition: Fixer, Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7079004020
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1200.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), Formica Counters
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 855.00
  • Room Type: Jack & Jill, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Formica Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Courtyard
  • Builder Name: Ross Cortese
  • Patio And Porch Features: Stone
  • Pool Private: No
  • Spa: No
  • 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: Gas Oven, Gas Cooktop, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Fishing, Golf, 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, Lawn, Level with Street, Park Nearby
  • Lot Size Sq Ft: 5375.00
  • Lot Size Acres: 0.1234

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5375.0000 Square Feet
  • Number Of Units In Community: 700
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5740.00
  • Tax Lot: 46
  • Tax Tract Number: 17558
  • TaxOtherAnnualAssessmentAmount: 390.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Nov 3, 2023
Sold by
Eng Family Trust
Bought by
Sung Seung Eun and Shim Boem Sik
Seller's Agent
Douglas Kramer
Re/Max R. E. Specialists
Buyer's Agent
Stephen Meade
Domicile Real Estate
List Price
$1,000,000
Sold Price
$1,026,000
Premium/Discount to List
$26,000
2.6%
Views
114
Current Estimated Value
$1,280,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,686
Avg. Annual Appreciation
11.93%
Original Mortgage
$820,800
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2014
Sold by
Eng Gordon F
Bought by
Eng Gordon F and Eng 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
Sung Seung Eun $1,026,000 Orange Coast Title Company
Eng Gordon F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sung Seung Eun $826,000
Closed Sung Seung Eun $820,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $1,026,000 +2.6% $855 / Sq Ft
11/01/2023 11/01/23 Pending -- -- --
10/26/2023 10/26/23 For Sale $1,000,000 -- $833 / 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 $13,124 $1,046,520 $837,216 $209,304
2024 $13,124 $1,026,000 $820,800 $205,200
2023 $1,443 $84,062 $40,732 $43,330
2022 $1,370 $82,415 $39,934 $42,481
2021 $1,342 $80,800 $39,151 $41,649
2019 $1,322 $78,405 $37,991 $40,414
2018 $1,213 $76,869 $37,247 $39,622
2016 $1,113 $73,886 $35,801 $38,085
2015 $1,074 $72,777 $35,264 $37,513
2014 $1,074 $71,353 $34,574 $36,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23199991

California Regional Multiple Listing Service (CRMLS)

APN: 7079-004-020