NOT LISTED FOR SALE

Estimated Value: $1,186,000 - $1,274,000

5 Beds
2.5 Baths
2,188 Sq Ft
$564/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $850,000 $388 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $7,537/month

32 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • 4 Car Attached Garage
  • Longfellow Elementary School Rated A-
  • No HOA
  • Eat-In Kitchen

About This Home

As of July 2020

Welcome to the historic and highly sought after neighborhood of California Heights. This beautiful and spacious Spanish Colonial home is located on an expanded elevated lot and on a premier block. The gorgeous tree canopied street of Olive Avenue has appeared in dozens of television commercials. Just a short stroll to California Blue Ribbon schools and the vibrant shopping and dining district of Bixby Knolls. The living room and formal dining room have the original dark stained oak hardwood floors, coved plaster ceilings and arched doorways. The large family kitchen has granite counters, stainless steel appliances and an eat-in breakfast room. Downstairs has 2 bedrooms, 1.5 bathrooms and a spacious family room with vaulted ceilings and built-in display shelves and media cabintry. Upstairs is home to 3 additional bedrooms and a full bathroom. The park-like backyard features towering and majestic trees, a large entertaining patio with barbecue area, 18' x 7.5' storage room, wide expanse of lawn, central fountain, covered patio area and a 2 car attached garage + 2 car protected carport. This perfect home will sell very quickly so come on over soon!

Last Agent to Sell the Property

Lewis Ebersole

Re/Max R. E. Specialists License #01161135 Listed on: 04/29/2020

Re/Max R. E. Specialists

Last Buyer's Agent

Barbara Brukman

Kohr Group Realty License #01487772

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,566

Year Built

  • Built in 1928

Lot Details

  • 6,807 Sq Ft Lot
  • Lot Dimensions are 50x135
  • Back and Front Yard
  • Property is zoned LBR1N

Parking

  • 4 Car Attached Garage

Home Design

  • Spanish Architecture

Interior Spaces

  • 2,188 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Dining Room
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Schools

  • Longfellow Elementary School
  • Hughes Middle School
  • Polytechnic High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 24 / F
  • Tax Tract Number 3725
  • Assessor Parcel Number 7145022029

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,566

Year Built

Built in 1928

Lot Details

0

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: California Heights (CH)
  • View: No
  • Zoning: LBR1N
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7145022029
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2188.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Dining Room, In Kitchen
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 388.48
  • Room Type: Family Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Long Beach Unified
  • Elementary School: Longfellow
  • Middle School: Hughes
  • High School: Polytechnic
  • Elementary School: Longfellow
  • High School: Polytechnic
  • Middle Or Junior School: Hughes
  • Elementary School #2: LONGFE
  • High School2: POLYTE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 6500-9999
  • Lot Size: 50x135
  • Lot Size Sq Ft: 6807.00
  • Lot Size Acres: 0.1563

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6807.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: F
  • Tax Census Tract: 5720.01
  • Tax Lot: 24
  • Tax Tract Number: 3725

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2020
Closed on
Jun 3, 2020
Sold by
Spencer Derek and Spencer Sara
Bought by
Chan Hok Hoi and Adhikari Victoria Yong
Seller's Agent
Lewis Ebersole
Re/Max R. E. Specialists
Buyer's Agent
Barbara Brukman
Kohr Group Realty
List Price
$869,000
Sold Price
$850,000
Premium/Discount to List
-$19,000
-2.19%
Current Estimated Value
$1,234,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,983
Avg. Annual Appreciation
7.39%
Original Mortgage
$680,000
Outstanding Balance
$602,768
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$632,215

Purchase Details

Listed on
Aug 14, 2014
Closed on
Sep 10, 2014
Sold by
Sd Seaport Two Lp
Bought by
Spencer Derek and Spencer Sara
Seller's Agent
Bryan Cathcart
Lenders Realty
Buyer's Agent
Gareth Williams
Berkshire Hathaway H.S.C.P.
List Price
$805,000
Sold Price
$800,000
Premium/Discount to List
-$5,000
-0.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.07%
Original Mortgage
$560,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 25, 2013
Closed on
May 14, 2014
Sold by
Valencia Salvador
Bought by
Sd Seaport Two Lp
Seller's Agent
Marvin McGown
RE/MAX College Park Realty
Buyer's Agent
Karl Luecke
RE/MAX College Park Realty
List Price
$625,000
Sold Price
$620,000
Premium/Discount to List
-$5,000
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.90%

Purchase Details

Closed on
Feb 17, 2004
Sold by
Valencia Salvador
Bought by
Valencia Salvador and Valencia Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 1998
Sold by
Valencia Salvador
Bought by
Valencia Salvador and Valencia Sara

Purchase Details

Closed on
Jul 16, 1993
Sold by
Groener William T
Bought by
Valencia Salvador and Valencia Sara C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,300
Interest Rate
5.5%
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
Chan Hok Hoi $850,000 Old Republic Title Co
Spencer Derek $800,000 Fidelity National Title
Sd Seaport Two Lp $620,000 Lawyers Title
Valencia Salvador -- Fidelity National Title
Valencia Salvador -- --
Valencia Salvador $264,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Hok Hoi $680,000
Previous Owner Spencer Derek $560,000
Previous Owner Valencia Salvador $500,000
Previous Owner Valencia Salvador $240,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2020 07/02/20 Sold $850,000 -2.2% $388 / Sq Ft
05/31/2020 05/31/20 Pending -- -- --
04/29/2020 04/29/20 For Sale $869,000 +8.6% $397 / Sq Ft
10/30/2014 10/30/14 Sold $800,000 -0.6% $366 / Sq Ft View Prior Sale
08/14/2014 08/14/14 For Sale $805,000 +29.8% $368 / Sq Ft
05/27/2014 05/27/14 Sold $620,000 0.0% $283 / Sq Ft View Prior Sale
12/29/2013 12/29/13 Off Market $620,000 -- --
11/25/2013 11/25/13 For Sale $625,000 -- $286 / 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 $11,566 $920,065 $733,130 $186,935
2024 $11,566 $902,025 $718,755 $183,270
2023 $11,374 $884,339 $704,662 $179,677
2022 $10,672 $867,000 $690,846 $176,154
2021 $10,544 $850,000 $677,300 $172,700
2020 $10,971 $879,147 $521,993 $357,154
2019 $10,843 $861,909 $511,758 $350,151
2018 $10,544 $845,010 $501,724 $343,286
2016 $9,695 $812,199 $482,243 $329,956
2015 $9,301 $800,000 $475,000 $325,000
2014 -- $370,184 $191,609 $178,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20081385

California Regional Multiple Listing Service (CRMLS)

APN: 7145-022-029