NOT LISTED FOR SALE

355 Panama Ave Long Beach, CA 90814

Alamitos Heights Neighborhood

Estimated Value: $1,368,760 - $1,834,000

3 Beds
2.5 Baths
2,400 Sq Ft
$682/Sq Ft Est. Value

Last Sold October 21, 2016

Last sale price $1,000,000 $417 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $8,674/month

26 Days on Market

Highlights

  • Marina View
  • Primary Bedroom Suite
  • Open Floorplan
  • Lowell Elementary School Rated A-
  • All Bedrooms Downstairs
  • 2-minute walk to Alamitos Heights Park

About This Home

As of October 2016

Panoramic park and water views are seen as you enter this elegant home located in desirable ALAMITOS HEIGHTS. Marble and hardwood floors are throughout the home. The kitchen boasts new appliances, a breakfast island and opens up to a large family room and wet bar. A formal dining room meets all your entertaining occasions. The highly upgraded master suite is fit for Royalty, the luxurious and romantic bathroom has a floating bathtub and large separate shower (a must see). A comfortable den/study, rooftop observation deck, 2 car finished garage and Guest house/maids quarters complete this wonderful corner lot home. A 8x10 basement is just waiting to be made into your own private wine cellar.

Last Agent to Sell the Property

Virginia Charles

Debra Hood- Grayley, Broker License #01319799 Listed on: 09/12/2016

Last Buyer's Agent

Virginia Charles

Debra Hood- Grayley, Broker License #01319799 Listed on: 09/12/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 6,406 Sq Ft Lot
  • Fenced
  • Fence is in excellent condition
  • Corner Lot
  • Front Yard
  • Property is zoned LBR1N

Parking

  • 2 Car Garage
  • Parking Available
  • Side Facing Garage
  • Two Garage Doors

Property Views

  • Marina
  • Panoramic
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,400 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Bay Window
  • French Doors
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Fire and Smoke Detector
  • Basement

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • Primary Bedroom Suite
  • Walk-In Closet
  • Mirrored Closets Doors
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Stone Porch or Patio
  • Exterior Lighting

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Sewer Paid
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2122
  • Tax Tract Number 5776
  • Assessor Parcel Number 7246014011

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Alamitos Heights (AH)
  • View: Yes
  • Zoning: LBR1N
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7246014011
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2400.00
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Crown Molding, Copper Plumbing Full, Granite Counters, Open Floorplan, Recessed Lighting, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 80.00
  • Door Features: French Doors, Mirror Closet Door(s)
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Fireplace Features: Gas Starter, Living Room
  • Levels: One
  • Price Per Square Foot: 416.67
  • Room Type: Basement, All Bedrooms Down, Family Room, Formal Entry, Guest/Maid's Quarters, Master Suite, Walk-In Closet, Separate Family Room, Office
  • Window Features: Bay Window(s), Double Pane Windows
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Marina, Panoramic, Park/Greenbelt
  • Fence: Yes
  • Fencing: Excellent Condition
  • Patio And Porch Features: Stone
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Side, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave
  • Heating Type: Central, Forced Air, Fireplace(s), Natural Gas
  • Laundry Features: Inside, Stackable
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Corner Lot
  • Lot Size Sq Ft: 6406.00
  • Price Per Lot Square Foot: 185.76

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 2122
  • Tax Tract Number: 5776

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2023
Sold by
Shadravan Sasan and Shadravan Yuesui
Bought by
Shadravan Family Trust
Current Estimated Value
$1,637,690

Purchase Details

Closed on
Jan 12, 2017
Sold by
Shadravan Sasan
Bought by
Shadravan Sasan and Zhang Yuesui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2017
Sold by
Zhang Yuesui
Bought by
Shadravan Sasan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 12, 2016
Closed on
Oct 12, 2016
Sold by
Luarca Roberto
Bought by
Shadravan Sasan
Seller's Agent
Virginia Charles
Debra Hood- Grayley, Broker
Buyer's Agent
Virginia Charles
Debra Hood- Grayley, Broker
List Price
$1,190,000
Sold Price
$1,000,000
Premium/Discount to List
-$190,000
-15.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%

Purchase Details

Listed on
Sep 12, 2016
Closed on
Oct 11, 2016
Sold by
Zhang Yuesui
Bought by
Shadravan Sasan
Seller's Agent
Virginia Charles
Debra Hood- Grayley, Broker
Buyer's Agent
Virginia Charles
Debra Hood- Grayley, Broker
List Price
$1,190,000
Sold Price
$1,000,000
Premium/Discount to List
-$190,000
-15.97%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shadravan Family Trust -- --
Shadravan Sasan -- Provident Title Company
Shadravan Sasan -- Provident Title Company
Shadravan Sasan $1,000,000 Provident Title Company
Shadravan Sasan -- Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shadravan Sasan $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2016 10/21/16 Sold $1,000,000 -16.0% $417 / Sq Ft
10/08/2016 10/08/16 Pending -- -- --
09/12/2016 09/12/16 For Sale $1,190,000 -- $496 / 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 $1,428 $76,657 $45,995 $30,662
2024 $1,428 $75,155 $45,094 $30,061
2023 $1,404 $73,682 $44,210 $29,472
2022 $1,335 $72,239 $43,344 $28,895
2021 $1,295 $70,824 $42,495 $28,329
2019 $1,278 $68,726 $41,236 $27,490
2018 $12,642 $1,020,000 $816,000 $204,000
2016 $7,574 $642,325 $307,718 $334,607
2015 $7,265 $632,677 $303,096 $329,581
2014 $7,211 $620,284 $297,159 $323,125
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2016

    Virginia Charles

    Debra Hood- Grayley, Broker

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16200306

California Regional Multiple Listing Service (CRMLS)

APN: 7246-014-011

California Los Angeles County Long Beach 90803 Alamitos Heights

355 Panama Ave, Long Beach, CA

Not Listed for Sale

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