NOT LISTED FOR SALE

3591 Cherry Ave Long Beach, CA 90807

California Heights Neighborhood

Estimated Value: $858,901 - $957,000

2 Beds
2 Baths
1,252 Sq Ft
$723/Sq Ft Est. Value

Last Sold June 27, 2016

Last sale price $446,000 $356 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $5,252/month

14 Days on Market

Highlights

  • Wood Flooring
  • Private Yard
  • Tile Countertops
  • Longfellow Elementary School Rated A-
  • No HOA
  • Laundry Room

About This Home

As of June 2016

This home is located at 3591 Cherry Ave, Long Beach, CA 90807 since 20 March 2016 and is currently estimated at $905,725, approximately $723 per square foot. This property was built in 1945. 3591 Cherry Ave is a home located in Los Angeles County with nearby schools including Longfellow Elementary School, Hughes Middle School, and Long Beach Polytechnic High School.

Last Agent to Sell the Property

Kathleen Ladd

RE/MAX College Park Realty License #01019339 Listed on: 03/20/2016

RE/MAX College Park Realty

Last Buyer's Agent

Leesa Hammond

Real Brokerage Technologies License #01305811

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 6,188 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Raised Foundation
  • Stucco

Interior Spaces

  • 1,252 Sq Ft Home
  • Wood Flooring

Kitchen

  • Gas Range
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10608
  • Assessor Parcel Number 7147025001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $754
  • Water Sewer Expense $720
  • New Taxes Expense $4,739
  • Gross Income $2,150
  • Net Operating Income $24,360

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: California Heights (CH)
  • View: No
  • Water Sewer Expenses: 720.00
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 7147025001
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Tile Counters
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 356.23

Exterior Features

  • Foundation: Raised
  • Fencing: Wood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 6188.00
  • Price Per Lot Square Foot: 72.07

Multi Family

  • Gross Income: 2150.00
  • Gross Scheduled Income: 25800.00
  • Insurance Expense: 754.00
  • Net Operating Income: 24360.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 1440.00
  • Rent Control: No
  • Total Actual Rent: 2150.00

Tax Info

  • New Taxes Expense: 4739.00
  • Tax Lot: 1
  • Tax Tract Number: 10608

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2016
Sold by
Morgan James M
Bought by
Morgan Cathy L
Current Estimated Value
$905,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,921
Interest Rate
3.57%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 12, 2016
Sold by
Smith Darlene K
Bought by
Smith Todd A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,921
Interest Rate
3.57%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 7, 2016
Sold by
Smith Laura
Bought by
Smith Larry D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,921
Interest Rate
3.57%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 6, 2016
Sold by
Smith Larry D
Bought by
Belvin Dayna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,921
Interest Rate
3.57%
Mortgage Type
FHA

Purchase Details

Closed on
May 25, 2010
Sold by
Smith Patrick K
Bought by
Smith Patrick K

Purchase Details

Closed on
Apr 13, 2010
Sold by
Morgan Cathy L
Bought by
Smith Larry D

Purchase Details

Closed on
Feb 23, 1994
Sold by
Smith Del K
Bought by
Smith Del K
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
Morgan Cathy L -- Lawyers Title Insurance Corp
Smith Todd A -- Lawyers Title Insurance Corp
Smith Larry D -- Lawyers Title Insurance Corp
Belvin Dayna L $446,000 Lawyers Title Insurance Corp
Smith Patrick K -- None Available
Smith Larry D -- None Available
Smith Del K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Belvin Dayna L $437,921
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2016 06/27/16 Sold $446,000 +0.2% $356 / Sq Ft
04/03/2016 04/03/16 Pending -- -- --
03/20/2016 03/20/16 For Sale $445,000 -- $355 / 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 $6,752 $518,401 $307,783 $210,618
2024 $6,752 $508,238 $301,749 $206,489
2023 $6,638 $498,274 $295,833 $202,441
2022 $6,235 $488,505 $290,033 $198,472
2021 $6,110 $478,928 $284,347 $194,581
2019 $6,024 $464,724 $275,914 $188,810
2018 $5,823 $455,612 $270,504 $185,108
2016 $875 $50,065 $31,661 $18,404
2015 $847 $49,314 $31,186 $18,128
2014 $856 $48,349 $30,576 $17,773
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Ladd

    Seller's Agent in 2016

    Kathleen Ladd

    RE/MAX

    (714) 328-6342

    2 in this area

    128 Total Sales

    Kathleen Ladd
    Section Image

  • L

    Buyer's Agent in 2016

    Leesa Hammond

    Real Brokerage Technologies

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16058549

California Regional Multiple Listing Service (CRMLS)

APN: 7147-025-001

California Los Angeles County Long Beach 90807 California Heights

3591 Cherry Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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