Seller's Agent in 2019
Steve Day
Day & Associates
(310) 529-6456
20 Total Sales
403 Magnolia Ave Long Beach, CA 90802
West Village NeighborhoodEstimated Value: $848,000 - $1,145,000
4
Beds
2
Baths
2,592
Sq Ft
$389/Sq Ft
Est. Value
Highlights
- 0.06 Acre Lot
- Granite Countertops
- Neighborhood Views
- Craftsman Architecture
- No HOA
- 5-minute walk to Cesar E Chavez Park
About This Home
As of March 2019Gorgeous Duplex located in the heart of the Wilmore City Historical District of Long Beach. Classic craftsman style home built in 1911. Both units are two bedroom 1 bath, upstairs/downstairs. Newly remodeled. Brand new bathrooms, new kitchen counter tops & appliances. New vinyl plank flooring throughout. Upstairs bedrooms feature new carpet and ceiling fans. Each unit has it's own laundry room off the kitchen. Magnolia property has a tankless water heater. Each unit has a balcony off of the master bedroom. Beautiful built in cabinetry in the living rooms. Freshly painted inside and out. Large attic and basement for extra storage. Close to downtown shops, restaurants, aquarium and Queen Mary. Also close to 710 Freeway access.
Gated parking is available 2 blocks away at 421 W Broadway for $100 per month.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,168
Year Built
- Built in 1911
Lot Details
- 2,509 Sq Ft Lot
- 1 Common Wall
- Wood Fence
- Density is 2-5 Units/Acre
Home Design
- Craftsman Architecture
- Property Attached
- Turnkey
- Asphalt Roof
Interior Spaces
- 2,592 Sq Ft Home
- Ceiling Fan
- Neighborhood Views
- Granite Countertops
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- All Upper Level Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Gas Dryer Hookup
Outdoor Features
- Balcony
- Rain Gutters
Utilities
- Wall Furnace
- Natural Gas Connected
- Private Water Source
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 29
- Tax Tract Number 5759
- Assessor Parcel Number 7278026024
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Laundry Facilities
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,195
- Water Sewer Expense $720
- New Taxes Expense $8,687
- Operating Expense $9,942
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 9, 2019
Closed on
Mar 14, 2019
Sold by
Zabel Lucille
Bought by
Zabel Lucille and Zabel Family Revocable Living
Seller's Agent
Steve Day
Day & Associates
Buyer's Agent
Blake Gunderson
Ignite RE Group
List Price
$695,000
Sold Price
$713,000
Premium/Discount to List
$18,000
2.59%
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
$296,398
Avg. Annual Appreciation
5.08%
Original Mortgage
$534,750
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 9, 2019
Closed on
Jan 23, 2019
Sold by
Skidmore Robert
Bought by
Zabel Lucille
Seller's Agent
Steve Day
Day & Associates
Buyer's Agent
Blake Gunderson
Ignite RE Group
List Price
$695,000
Sold Price
$713,000
Premium/Discount to List
$18,000
2.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$534,750
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 31, 2005
Sold by
Stearns Robin
Bought by
Skidmore Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 20, 2005
Sold by
Stearns Robin
Bought by
Stearns Robin and Lines Judith
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 21, 2002
Sold by
Stearns Robin
Bought by
Stearns Robin and Lines Catherine L
Purchase Details
Closed on
Sep 25, 1997
Sold by
Stearns Judith A
Bought by
Stearns Robin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,900
Interest Rate
7.49%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 22, 1997
Sold by
Federal National Mortgage Association
Bought by
Stearns Robin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,900
Interest Rate
7.49%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jun 26, 1997
Sold by
Jones Robert D and Federal National Mortgage Asso
Bought by
Federal National Mortgage Association
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zabel Lucille | -- | None Available | |
| Zabel Lucille | $713,000 | Usa National Title Co | |
| Skidmore Robert | -- | Usa National Title Co | |
| Skidmore Robert | $650,000 | Commonwealth Title | |
| Stearns Robin | -- | -- | |
| Stearns Robin | -- | -- | |
| Stearns Robin | -- | Gateway Title Company | |
| Stearns Robin | $132,000 | Gateway Title Company | |
| Federal National Mortgage Association | $170,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zabel Family Revocable Living | $513,300 | |
| Closed | Zabel Lucille | $534,750 | |
| Previous Owner | Skidmore Robert | $520,000 | |
| Previous Owner | Stearns Robin | $127,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/01/2019 03/01/19 | Sold | $713,000 | +2.6% | $275 / Sq Ft |
| 01/22/2019 01/22/19 | Pending | -- | -- | -- |
| 01/09/2019 01/09/19 | For Sale | $695,000 | -- | $268 / 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 |
|---|---|---|---|---|
| 2025 | $10,168 | $795,359 | $513,136 | $282,223 |
| 2024 | $10,168 | $779,765 | $503,075 | $276,690 |
| 2023 | $9,998 | $764,476 | $493,211 | $271,265 |
| 2022 | $9,385 | $749,488 | $483,541 | $265,947 |
| 2021 | $9,194 | $734,793 | $474,060 | $260,733 |
| 2019 | $8,421 | $660,000 | $386,900 | $273,100 |
| 2018 | $8,351 | $660,000 | $386,900 | $273,100 |
| 2017 | $7,446 | $580,000 | $340,000 | $240,000 |
| 2016 | $6,407 | $525,000 | $307,800 | $217,200 |
| 2015 | $5,958 | $500,000 | $293,100 | $206,900 |
| 2014 | $5,689 | $470,000 | $275,500 | $194,500 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Day
-
Blake Gunderson
Buyer's Agent in 2019
Blake Gunderson
Ignite RE Group
(562) 900-5879
2 in this area
110 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB18277236
APN: 7278-026-024
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