NOT LISTED FOR SALE

3502 Faust Ave Long Beach, CA 90808

Plaza Neighborhood

Estimated Value: $950,000 - $1,184,000

3 Beds
2 Baths
1,500 Sq Ft
$703/Sq Ft Est. Value

Last Sold October 18, 2018

Last sale price $747,000 $498 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,357/month

About This Home

This exquisite beauty has been completely remodeled. Bring your most fastidious buyers. This home boasts approximately 1500 square feet, 3 bedrooms and 2 Beautiful full bathrooms which both include separate shower and bathtub. A new gourmet kitchen with top of the line appliances. New hardwood floors throughout. True master suite with walk in closet and double sliding patio doors leading to backyard, fireplace in living room, completely updated electrical and copper plumbing, new roof, new central heat and air, new sprinkler system and new energy efficient windows. Property is Lakewood adjacent, in a great family neighborhood, close to Lakewood shopping mall, walking distance to Henry School And California State University Long Beach. Your clients will love it!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2018
Closed on
Oct 4, 2018
Sold by
Tmt Partners Llc
Bought by
Orleans Kenneth J and Orleans Michelle
Seller's Agent
Tiffany Davis
Haven Homes Realty
Buyer's Agent
Andre Rogers
Compass
List Price
$785,000
Sold Price
$747,000
Premium/Discount to List
-$38,000
-4.84%
Current Estimated Value
$1,054,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,943
Avg. Annual Appreciation
4.86%
Original Mortgage
$596,000
Outstanding Balance
$519,747
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$535,196

Purchase Details

Listed on
Dec 21, 2017
Closed on
Jan 16, 2018
Sold by
The Bank Of New York Mellon
Bought by
Tmt Partners Llc
Seller's Agent
Cesar Reinoso
Reinoso Properties
Buyer's Agent
Tiffany Davis
Haven Homes Realty
List Price
$514,900
Sold Price
$505,000
Premium/Discount to List
-$9,900
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.94%
Original Mortgage
$490,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 21, 2017
Closed on
Dec 13, 2017
Sold by
Golt Timothy J
Bought by
The Bank Of New York Mellon and The Bank Of New York
Seller's Agent
Cesar Reinoso
Reinoso Properties
Buyer's Agent
Tiffany Davis
Haven Homes Realty
List Price
$514,900
Sold Price
$505,000
Premium/Discount to List
-$9,900
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2016
Sold by
The Timothy Joseph Golt Irrevocable Trus
Bought by
The Timothy Joseph Golt Irrevocable Trus

Purchase Details

Closed on
Sep 18, 2012
Sold by
Golt Timothy J
Bought by
The Timothy Joseph Golt Irrevocable Livi

Purchase Details

Closed on
Mar 25, 1997
Sold by
Va
Bought by
Golt Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,650
Interest Rate
7.66%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 18, 1996
Sold by
Norwest Mtg Inc
Bought by
Va

Purchase Details

Closed on
Nov 12, 1996
Sold by
Ehrenkrantz Scott and Norwest Mtg Inc
Bought by
Norwest Mtg Inc
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
Orleans Kenneth J $747,000 Old Republic Title
Tmt Partners Llc $505,000 Old Republic Title Company
The Bank Of New York Mellon $493,000 Accommodation
The Timothy Joseph Golt Irrevocable Trus -- None Available
The Timothy Joseph Golt Irrevocable Livi -- None Available
Golt Timothy J $156,000 South Coast Title
Va -- First Southwestern Title Co
Norwest Mtg Inc $112,904 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orleans Kenneth J $596,000
Previous Owner Tmt Partners Llc $490,000
Previous Owner Golt Timothy J $155,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2018 10/18/18 Sold $747,000 -0.3% $498 / Sq Ft View Prior Sale
09/12/2018 09/12/18 Price Changed $749,000 -4.6% $499 / Sq Ft
08/24/2018 08/24/18 For Sale $785,000 +55.4% $523 / Sq Ft
02/05/2018 02/05/18 Sold $505,000 -1.9% $545 / Sq Ft View Prior Sale
12/21/2017 12/21/17 For Sale $514,900 +106.0% $555 / Sq Ft
02/28/2017 02/28/17 Sold $250,000 0.0% $270 / Sq Ft View Prior Sale
03/10/2016 03/10/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $250,000 -- $270 / Sq Ft

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 $10,553 $833,287 $613,533 $219,754
2024 $10,553 $816,949 $601,503 $215,446
2023 $10,378 $800,931 $589,709 $211,222
2022 $9,734 $785,228 $578,147 $207,081
2021 $9,547 $769,832 $566,811 $203,021
2019 $9,381 $747,000 $550,000 $197,000
2018 $6,997 $562,500 $400,000 $162,500
2017 $2,782 $218,902 $156,182 $62,720
2016 $2,585 $214,611 $153,120 $61,491
2015 $2,482 $211,388 $150,820 $60,568
2014 $2,469 $207,248 $147,866 $59,382
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Tiffany Davis

    Haven Homes Realty

    (310) 614-9078

    5 Total Sales

    Tiffany Davis
    Section Image

  • C

    Seller's Agent in 2018

    Cesar Reinoso

    Reinoso Properties

    (949) 201-8050

    15 Total Sales

    Cesar Reinoso
    Section Image
  • Andre Rogers

    Buyer's Agent in 2018

    Andre Rogers

    Compass

    (310) 294-4608

    51 Total Sales

    Andre Rogers
    Section Image

  • M

    Seller's Agent in 2017

    Mario Gonzalez

    MCR Realty

See All Agents

Map

California Los Angeles County Long Beach 90808 Plaza

3502 Faust Ave, Long Beach, CA

Not Listed for Sale

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