3502 Olive Ave Long Beach, CA 90807
California Heights Neighborhood
2
Beds
2
Baths
1,162
Sq Ft
4,444
Sq Ft Lot
Highlights
- Primary Bedroom Suite
- Open Floorplan
- Quartz Countertops
- Longfellow Elementary School Rated A-
- Corner Lot
- No HOA
About This Home
As of November 2024A recently fully updated and renovated cottage in the highly sought after historic neighborhood of California Heights. Walking distance to award winning schools and unique shopping, cafes, coffee houses and breweries. This is one of the earliest built homes in the neighborhood and one of the most unique (in fact, one of a kind) constructed by a stone mason in 1925 with river rock exterior walls. The yard has mature specimens of drought tolerant landscaping including cacti, agave and succulents. The spacious rear yard is an oasis of relaxation with covered lounging patio, expanse of turf and lush planting areas. The rear yard also houses the laundry station conveniently housed just outside the kitchen door. Inside you will experience an open concept living space that unites a large living room with a stone fronted wood burning fireplace, entry area with french paned side lights on either side of the front door, a dining area and a very well laid out kitchen with stainless steel appliances, shaker style cabinets and quartz countertops with island bar. The hall bath has been completely remodeled with a shower over tub and contemporary finishes. The en-suite primary bedroom has 2 large closets and a sliding barn door that reveals an efficient bathroom with walk-in shower. Topping off this spectacular home is a lofty and oversized 2 car garage with vintage old-lumber workbench installed by the original owner.
Last Agent to Sell the Property
Re/Max R. E. Specialists Brokerage Phone: 562-858-0607 License #01161135 Listed on: 08/13/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,437
Year Built
- Built in 1925
Lot Details
- 4,444 Sq Ft Lot
- Lot Dimensions are 35x127
- Corner Lot
- Back and Front Yard
- Property is zoned LBR1N
Parking
- 2 Car Garage
- Parking Available
Home Design
- Cottage
- Raised Foundation
- Rolled or Hot Mop Roof
- Composition Roof
Interior Spaces
- 1,162 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Recessed Lighting
- Wood Burning Fireplace
- Living Room with Fireplace
- Laminate Flooring
Kitchen
- Gas Range
- Microwave
- Dishwasher
- Quartz Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary Bedroom Suite
Laundry
- Laundry Room
- Laundry Located Outside
Outdoor Features
- Covered patio or porch
Schools
- Longfellow Elementary School
- Hughes Middle School
- Polytechnic High School
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Community Details
- No Home Owners Association
- California Heights Subdivision
Listing and Financial Details
- Legal Lot and Block 20 / K
- Tax Tract Number 3725
- Assessor Parcel Number 7145026019
- $394 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 13, 2024
Closed on
Oct 31, 2024
Sold by
Spohn Matthew and Reyes Efren
Bought by
Lin Alice and Radzicki Vincent Rogers
Seller's Agent
Lewis Ebersole
Re/Max R. E. Specialists
Buyer's Agent
Kim Valdez
Think Boutiq Real Estate
List Price
$989,000
Sold Price
$925,000
Premium/Discount to List
-$64,000
-6.47%
Total Days on Market
72
Views
148
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,428
Avg. Annual Appreciation
1.58%
Original Mortgage
$693,750
Outstanding Balance
$690,543
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$241,885
Purchase Details
Listed on
Sep 19, 2018
Closed on
Nov 9, 2018
Sold by
Sanchez Frederick W and Sanchez Alicia K
Bought by
Reyes Efren and Spohn Matthew
Seller's Agent
Marlena Baldonado
Coldwell Banker Realty
Buyer's Agent
Tawny Esquivel
Coldwell Banker Realty
List Price
$669,000
Sold Price
$672,500
Premium/Discount to List
$3,500
0.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
Original Mortgage
$636,500
Interest Rate
4.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 28, 2000
Sold by
Sanchez Kathryn Kim
Bought by
Sanchez Fred W
Purchase Details
Closed on
Dec 4, 1995
Sold by
Myhre Carl H
Bought by
Sanchez Kathryn Kim
Similar Homes in Long Beach, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $925,000 | Fidelity National Title | |
| Grant Deed | $925,000 | Fidelity National Title | |
| Grant Deed | $672,500 | Usa National Title Inc | |
| Interfamily Deed Transfer | $65,000 | Commonwealth Land Title Co | |
| Gift Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $693,750 | New Conventional | |
| Closed | $693,750 | New Conventional | |
| Previous Owner | $645,500 | New Conventional | |
| Previous Owner | $639,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $636,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/27/2024 11/27/24 | Sold | $925,000 | -2.5% | $796 / Sq Ft |
| 09/16/2024 09/16/24 | Price Changed | $949,000 | -4.0% | $817 / Sq Ft |
| 08/13/2024 08/13/24 | For Sale | $989,000 | +47.1% | $851 / Sq Ft |
| 11/15/2018 11/15/18 | Sold | $672,500 | +0.5% | $579 / Sq Ft |
| 10/01/2018 10/01/18 | Pending | -- | -- | -- |
| 09/19/2018 09/19/18 | For Sale | $669,000 | -- | $576 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $9,437 | $735,472 | $363,636 | $371,836 |
| 2023 | $9,279 | $721,052 | $356,506 | $364,546 |
| 2022 | $8,706 | $706,915 | $349,516 | $357,399 |
| 2021 | $8,537 | $693,055 | $342,663 | $350,392 |
| 2020 | $8,599 | $685,950 | $339,150 | $346,800 |
| 2019 | $2,686 | $192,091 | $119,128 | $72,963 |
| 2018 | $2,547 | $188,326 | $116,793 | $71,533 |
| 2016 | $2,343 | $181,014 | $112,258 | $68,756 |
| 2015 | $2,253 | $178,296 | $110,572 | $67,724 |
| 2014 | $2,243 | $174,805 | $108,407 | $66,398 |
Source: Public Records
Agents Affiliated with this Home
-
Lewis Ebersole
Seller's Agent in 2024
Lewis Ebersole
RE/MAX
(562) 858-0607
35 in this area
61 Total Sales
-
Kim Valdez
K
Buyer's Agent in 2024
Kim Valdez
Think Boutiq Real Estate
(562) 447-6409
2 in this area
58 Total Sales
-
Marlena Baldonado
Seller's Agent in 2018
Marlena Baldonado
Coldwell Banker Realty
(562) 264-5995
1 in this area
43 Total Sales
-
T
Buyer's Agent in 2018
Tawny Esquivel
Coldwell Banker Realty
(562) 833-5553
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24166892
APN: 7145-026-019
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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