NOT LISTED FOR SALE

Estimated Value: $1,779,000 - $2,538,000

4 Beds
3.5 Baths
3,416 Sq Ft
$658/Sq Ft Est. Value

Last Sold January 20, 2017

Last sale price $1,550,000 $454 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $14,184/month

20 Days on Market

Highlights

  • Primary Bedroom Suite
  • No HOA
  • Laundry Room
  • Los Cerritos Elementary School Rated A
  • Game Room
  • Central Heating and Cooling System

About This Home

As of January 2017

Stunning almost new California Bungalow in Virginia Country Club on an expansive estate like lot with top of the line designer finishes. Light & bright with open floorplan - perfect for entertaining. Gorgeous hardwood floors throughout. Family room opens out to a large deck and the park like backyard, with fountain and multiple gas hook-ups. State of the art kitchen with marble & granite surfaces, center island, and stainless steel appliances including 6 range burner and built in microwave / convection oven. Fabulous Master Suite with vaulted ceilings, large walk-in closet, balcony overlooking the backyard and bathroom straight out of a luxury 5 star hotel. Large Game Room, and 2 other bedrooms upstairs + separate large Utility Room. Pristine detached garage with lift to accommodate additional vehicles and its own heat & air system. Perfect quiet mid-block location. One of the finest homes available for sale presently in Long Beach.

Last Agent to Sell the Property

Colin Campbell

Vista Sotheby’s International Realty License #01184302 Listed on: 11/16/2016

Last Buyer's Agent

Steve Heavrin

Beach City Brokers License #00907535

Beach City Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,190

Year Built

  • Built in 2013

Lot Details

  • 0.28 Acre Lot
  • Sprinkler System
  • Density is up to 1 Unit/Acre
  • Property is zoned LBR1L

Parking

  • 2 Car Garage

Interior Spaces

  • 3,416 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Game Room
  • Laundry Room

Kitchen

  • Convection Oven
  • Six Burner Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 1225
  • Assessor Parcel Number 7139025015

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,190

Year Built

Built in 2013

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Virginia Country Club (VCC)
  • View: No
  • Zoning: LBR1L
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7139025015
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3416.00 Square Feet
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 453.75
  • Room Type: Family Room, Game Room, Living Room, Master Suite

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lot 10000-19999 Sqft, Sprinkler System
  • Lot Size Sq Ft: 12046.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 5718.00
  • Tax Lot: 11
  • Tax Tract Number: 1225

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2018
Sold by
Mercado David Erik and Mercado Mimi
Bought by
Mercado David E and Mercado Mimi
Current Estimated Value
$2,248,318

Purchase Details

Listed on
Nov 16, 2016
Closed on
Dec 22, 2016
Sold by
Lombardo Dennis J and Lombardo Jeanette
Bought by
Mercado David Erik and Mercado Mimi
Seller's Agent
Colin Campbell
Vista Sotheby’s International Realty
Buyer's Agent
Steve Heavrin
Beach City Brokers
List Price
$1,695,000
Sold Price
$1,550,000
Premium/Discount to List
-$145,000
-8.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%
Original Mortgage
$1,240,000
Outstanding Balance
$1,013,481
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,231,306

Purchase Details

Listed on
Jan 13, 2014
Closed on
Sep 12, 2014
Sold by
Lombardo Jeanette and Lombardo Dennis J
Bought by
The Dennis & Jeanette Lombardo 2007 Trus
Seller's Agent
Scott Kato
Circle Real Estate
Buyer's Agent
Colin Campbell
Vista Sotheby’s International Realty
List Price
$1,350,000
Sold Price
$1,285,000
Premium/Discount to List
-$65,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%
Original Mortgage
$875,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 13, 2014
Closed on
Jul 29, 2014
Sold by
Vangold Development Llc
Bought by
Lombardo Jeanette and Lombardo Dennis J
Seller's Agent
Scott Kato
Circle Real Estate
Buyer's Agent
Colin Campbell
Vista Sotheby’s International Realty
List Price
$1,350,000
Sold Price
$1,285,000
Premium/Discount to List
-$65,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 24, 2012
Closed on
Jul 12, 2012
Sold by
Sylvester Mary Elizabeth and Patricia Ruth Sylvester Trust
Bought by
Vangold Development Llc
Seller's Agent
Kevin Poi
RE/MAX College Park Realty
Buyer's Agent
Kevin Poi
RE/MAX College Park Realty
List Price
$499,900
Sold Price
$515,000
Premium/Discount to List
$15,100
3.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.60%
Original Mortgage
$506,720
Interest Rate
3.53%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 4, 2004
Sold by
Sylvester Patricia Ruth
Bought by
Sylvester Patricia Ruth and Patricia Ruth Sylvester Trust
Source: Public Records

Range of Values:

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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
Mercado David E -- None Available
Mercado David Erik $1,550,000 Ticor Title Co
The Dennis & Jeanette Lombardo 2007 Trus -- Arista National Title Co
Lombardo Jeanette $1,285,000 Lawyers Title Company
Vangold Development Llc $515,000 Lawyers Title Company
Sylvester Patricia Ruth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercado David Erik $1,240,000
Previous Owner The Dennis & Jeanette Lombardo 2007 Trus $875,000
Previous Owner Lombardo Jeanette $865,000
Previous Owner Vangold Development Llc $506,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2017 01/20/17 Sold $1,550,000 -8.6% $454 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
11/16/2016 11/16/16 For Sale $1,695,000 +31.9% $496 / Sq Ft
08/05/2014 08/05/14 Sold $1,285,000 -0.8% $378 / Sq Ft
06/26/2014 06/26/14 Pending -- -- --
05/23/2014 05/23/14 Price Changed $1,295,000 -4.1% $381 / Sq Ft
01/13/2014 01/13/14 Price Changed $1,350,000 0.0% $397 / Sq Ft
01/13/2014 01/13/14 For Sale $1,350,000 +5.1% $397 / Sq Ft
01/03/2014 01/03/14 Off Market $1,285,000 -- --
11/06/2013 11/06/13 Price Changed $1,395,000 -2.1% $410 / Sq Ft
10/17/2013 10/17/13 Price Changed $1,425,000 -5.0% $419 / Sq Ft
08/23/2013 08/23/13 Price Changed $1,499,900 -9.1% $441 / Sq Ft
08/02/2013 08/02/13 For Sale $1,650,000 +220.4% $485 / Sq Ft
07/31/2012 07/31/12 Sold $515,000 +3.0% $380 / Sq Ft
07/09/2012 07/09/12 Pending -- -- --
07/02/2012 07/02/12 For Sale $499,900 -2.9% $369 / Sq Ft
06/28/2012 06/28/12 Off Market $515,000 -- --
06/24/2012 06/24/12 For Sale $499,900 -- $369 / 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 $23,190 $1,863,758 $876,936 $986,822
2024 $23,190 $1,827,215 $859,742 $967,473
2023 $22,809 $1,791,388 $842,885 $948,503
2022 $21,394 $1,756,263 $826,358 $929,905
2021 $20,984 $1,721,827 $810,155 $911,672
2019 $20,683 $1,612,619 $786,126 $826,493
2018 $19,439 $1,581,000 $770,712 $810,288
2016 $15,384 $1,304,595 $862,962 $441,633
2015 $14,755 $1,285,000 $850,000 $435,000
2014 $6,185 $517,337 $413,870 $103,467
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16747965

California Regional Multiple Listing Service (CRMLS)

APN: 7139-025-015