NOT LISTED FOR SALE

Estimated Value: $1,228,000 - $1,487,957

7 Beds
4 Baths
3,360 Sq Ft
$402/Sq Ft Est. Value

Last Sold December 15, 2016

Last sale price $720,000 $214 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $8,267/month

261 Days on Market

Highlights

  • Corner Lot
  • Granite Countertops
  • Two Homes on a Lot
  • Los Cerritos Elementary School Rated A
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

As of December 2016

*** Back On The Market... Bank Said "YES" to $760,000 with last buyer... should be a breeze, at that price. *** RECENTLY CLOSED ON PINE... $1,249,000 AND $894,000 (no back house and limited upgrades) - ARV could be $1.1mil to $1.2mil depending on Rennovation!
TWO FOR THE PRICE OF ONE... This home shows as a Duplex but it's really a "Two On A Lot"
Incredible charmer near Bixby Knolls and the Virginia Golf Club (and several other golf courses)
This home was recently remodeled in 2001 which included new kitchen with appliances, new porch, new front room including new doors, remodeled all bathrooms, added master bedroom and bathroom, remodeled dining room, reproofed home 8 feet high with ceramic tiles, re-stuccoed entire home, and new landscaping.
Back house (896 sqft 2bed/1bath) is currently rented for $1,300 per month (current tenants would love to stay) OR COULD BE USED AS Mother In Law Quarters.
Being close to Long Beach State... it might be a great rental!
Main house is 2464 square feet
5 Bedrooms and 3 1/2 baths
Two central A/c and heating systems.
Clay roof

Last Agent to Sell the Property

Craig Yace

Realty Masters & Associates License #01357321 Listed on: 01/30/2016

Realty Masters & Associates

Last Buyer's Agent

Eileen Rivera

GE Dean and Associates License #01208517

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,839

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 7,709 Sq Ft Lot
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Front Yard

Home Design

  • Clay Roof
  • Stucco

Interior Spaces

  • 3,360 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace

Additional Features

  • Two Homes on a Lot
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 32
  • Tax Tract Number 5720
  • Assessor Parcel Number 7141011039

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,839

Year Built

Built in 1952 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Los Cerritos (LC)
  • View: No
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7141011039
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3360.00 Square Feet
  • Interior Amenities: Granite Counters
  • Stories: 1
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 7
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 214.29
  • Room Type: All Bedrooms Down, Entry, Family Room, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • Other Structures: Two On A Lot
  • Pool Private: No
  • Roof: Clay
  • Spa: No
  • Construction Materials: Stucco

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Heating Type: Central, Wall Furnace
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level, Lot 6500-9999, Paved, Corner Lot
  • Lot Size Sq Ft: 7709.00
  • Price Per Lot Square Foot: 87.56
  • Lot Size Acres: 0.1770

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7709.0000 Square Feet

Tax Info

  • Tax Lot: 32
  • Tax Tract Number: 5720.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2021
Sold by
Elfar Feras
Bought by
Elfar Feras
Current Estimated Value
$1,351,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$758,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2020
Sold by
Elfar Feras and Elfar Yassmeen
Bought by
Elfar Feras

Purchase Details

Listed on
Jan 30, 2016
Closed on
Dec 13, 2016
Sold by
Losch Otis and Losch Maria Kim
Bought by
Elfar Feras and Elfar Yassmeen
Seller's Agent
Craig Yace
Realty Masters & Associates
Buyer's Agent
Eileen Rivera
GE Dean and Associates
List Price
$760,000
Sold Price
$720,000
Premium/Discount to List
-$40,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%
Original Mortgage
$576,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2011
Sold by
Losch Otis H and Losch Maria Kim
Bought by
Losch Otis H and Losch Maria K

Purchase Details

Closed on
Jul 26, 2002
Sold by
Losch Otis H and Losch Maria Kim
Bought by
Losch Otis H and Losch Maria Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.6%

Purchase Details

Closed on
Jul 20, 2000
Sold by
Arnao Marlene
Bought by
Losch Otis H and Losch Maria Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,600
Interest Rate
8.01%
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
Elfar Feras -- Fin Title
Elfar Feras -- Accommodation
Elfar Feras $720,000 First American Title
Losch Otis Herman -- First American Title
Losch Otis H -- None Available
Losch Otis H -- Stewart Title
Losch Otis H $372,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elfar Feras $120,000
Open Elfar Feras $828,000
Closed Elfar Feras $758,000
Closed Elfar Feras $110,000
Closed Elfar Feras $617,100
Closed Elfar Feras $614,000
Closed Elfar Feras $576,000
Closed Elfar Feras $576,000
Previous Owner Losch Otis H $820,000
Previous Owner Losch Otis H $102,500
Previous Owner Losch Otis H $350,000
Previous Owner Losch Otis H $297,200
Previous Owner Losch Otis H $75,000
Previous Owner Losch Otis H $300,000
Previous Owner Losch Otis H $37,000
Previous Owner Losch Otis H $297,600
Previous Owner Arnao Marlene $191,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2016 12/15/16 Sold $720,000 0.0% $214 / Sq Ft
11/02/2016 11/02/16 Off Market $720,000 -- --
10/19/2016 10/19/16 For Sale $760,000 +5.6% $226 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
10/13/2016 10/13/16 Off Market $720,000 -- --
09/23/2016 09/23/16 For Sale $675,000 -6.3% $201 / Sq Ft
05/20/2016 05/20/16 Pending -- -- --
03/22/2016 03/22/16 Off Market $720,000 -- --
01/30/2016 01/30/16 For Sale $675,000 -- $201 / 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 $10,839 $835,616 $499,049 $336,567
2024 $10,839 $819,232 $489,264 $329,968
2023 $10,661 $803,170 $479,671 $323,499
2022 $10,017 $787,422 $470,266 $317,156
2021 $9,812 $771,984 $461,046 $310,938
2020 $9,786 $764,069 $456,319 $307,750
2019 $9,673 $749,088 $447,372 $301,716
2018 $9,316 $734,400 $438,600 $295,800
2016 $6,763 $557,977 $283,849 $274,128
2015 $6,493 $549,597 $279,586 $270,011
2014 $6,451 $538,832 $274,110 $264,722
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG16035294

California Regional Multiple Listing Service (CRMLS)

APN: 7141-011-039