NOT LISTED FOR SALE

Estimated Value: $2,481,000 - $3,325,000

4 Beds
5 Baths
4,964 Sq Ft
$587/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $2,357,250 $475 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $18,083/month

Highlights

  • Updated Kitchen
  • Open Floorplan
  • No HOA
  • Los Cerritos Elementary School Rated A
  • Loft
  • Breakfast Area or Nook

About This Home

As of December 2021

Welcome to 4205 Locust. Spanning just under 5,000 square feet this property has gone through a recent renovation and a full refresh. With an updated transitional glam tone throughout this is a wonderful family estate located in The Virginia Country Club area. The kitchen is fully remodelled including marble countertops, waterfall island, light grey shaker cabinets, and a suite of high end appliances. Entertaining is a breeze with an oversized 11ft island with seating for 5, and many other great spaces for families of all size. Downstairs has multiple living functionality, with a room that can be used as a den or an on-suite bedroom. Who loves laundry? You will in this house! An abundance of storage and hanging space, along with chic marble countertops and folding areas. New high end LVP flooring has just been added in the living room, stairs case, and master for a fresh and clean finish. The grandness of this home carries out to the upstairs in the bedrooms and bonus room, including en suite bathrooms with vinyl flooring, tubs, showers, and new fixtures. Huge oversized master with vaulted ceiling adds to the grandioseness and luxury living. This home has been fully equipped with smart switches throughout, Ring security cameras and doorbell, built in surround sound, and many more updated features. Located in the historic neighborhood of Bixby Knolls in Long Beach, you won't want to miss this exquisite home!

Last Agent to Sell the Property

Gabriel Eric Schmidt

Redfin License #01349352 Listed on: 10/10/2021

Redfin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,602

Year Built

  • Built in 1919

Lot Details

  • 7,569 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LBR1L

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 4,964 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Family Room with Fireplace
  • Dining Room
  • Bonus Room with Fireplace
  • Loft
  • Stone Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Oven
  • Six Burner Stove
  • Gas Range
  • Dishwasher
  • Built-In Trash or Recycling Cabinet

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Remodeled Bathroom
  • 5 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Los Cerritos Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 17
  • Tax Tract Number 1225
  • Assessor Parcel Number 7140001018
  • $627 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,602

Year Built

Built in 1919

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Los Cerritos (LC)
  • View: No
  • Zoning: LBR1L
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7140001018
  • Year Built: 1919
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4964.00 Square Feet
  • Interior Amenities: Open Floorplan, Pull Down Stairs to Attic, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Bonus Room, Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 474.87
  • Room Type: Bonus Room, Loft
  • Bathroom Features: Bathtub, Shower In Tub, Remodeled
  • Room Kitchen Features: Built-In Trash/Recycling, Remodeled Kitchen

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Dishwasher, Gas Oven, Gas Range
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7569.00
  • Lot Size Acres: 0.1738

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7569.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 17
  • Tax Census Tract: 5718.00
  • Tax Lot: 3
  • Tax Tract Number: 1225
  • TaxOtherAnnualAssessmentAmount: 627.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2021
Closed on
Oct 20, 2021
Sold by
Davidoff Pesach and Davidoff Chana
Bought by
Wu James G and Wu Ara K
Seller's Agent
Gabriel Eric Schmidt
Redfin
List Price
$2,250,000
Sold Price
$2,357,250
Premium/Discount to List
$107,250
4.77%
Current Estimated Value
$2,915,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$558,299
Avg. Annual Appreciation
5.28%
Original Mortgage
$1,853,800
Outstanding Balance
$1,704,552
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$1,158,957

Purchase Details

Listed on
Apr 30, 2019
Closed on
May 17, 2019
Sold by
Tate Lori Ann and Gifford Teri Lee
Bought by
Davidoff Pesach and Davidoff Chana
Seller's Agent
Jeff Anderson
eXp Realty of California Inc
Buyer's Agent
Gabriel Eric Schmidt
Redfin
List Price
$1,295,000
Sold Price
$1,315,000
Premium/Discount to List
$20,000
1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.53%
Original Mortgage
$1,183,500
Interest Rate
6.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 6, 2005
Sold by
Lundgren Clarence F and Lundgren Joann E
Bought by
Lundgren Clarence F

Purchase Details

Closed on
Oct 25, 2002
Sold by
Lundgren Clarence F and Lundgren Joann E
Bought by
Lundgren Clarence F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.99%

Purchase Details

Closed on
Jul 30, 1996
Sold by
Lundgren Clarence F
Bought by
Lundgren Clarence F and Lundgren Joann E
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
Wu James G $2,317,500 First American Title Company
Davidoff Pesach $1,315,000 First American Title Company
Lundgren Clarence F -- --
Lundgren Clarence F -- Stewart Title
Lundgren Clarence F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu James G $1,009,000
Open Wu James G $1,853,800
Previous Owner Davidoff Pesach $1,183,500
Previous Owner Lundgren Clarence F $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $2,357,250 +4.8% $475 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
10/12/2021 10/12/21 For Sale $2,250,000 -4.5% $453 / Sq Ft
10/10/2021 10/10/21 Off Market $2,357,250 -- --
06/12/2019 06/12/19 Sold $1,315,000 +1.5% $265 / Sq Ft
05/14/2019 05/14/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $1,295,000 -- $261 / 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 $30,602 $2,459,083 $1,475,344 $983,739
2024 $30,602 $2,410,866 $1,446,416 $964,450
2023 $30,103 $2,363,595 $1,418,055 $945,540
2022 $28,233 $2,317,250 $1,390,250 $927,000
2021 $16,774 $1,355,195 $817,858 $537,337
2020 $16,728 $1,341,300 $809,472 $531,828
2019 $8,237 $632,706 $55,574 $577,132
2018 $7,912 $620,301 $54,485 $565,816
2016 $7,240 $596,216 $52,370 $543,846
2015 $6,952 $587,261 $51,584 $535,677
2014 $6,902 $575,758 $50,574 $525,184
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21205785

California Regional Multiple Listing Service (CRMLS)

APN: 7140-001-018