NOT LISTED FOR SALE

Estimated Value: $965,000 - $1,048,000

3 Beds
2 Baths
1,671 Sq Ft
$595/Sq Ft Est. Value

Last Sold November 01, 2020

Last sale price $680,000 $407 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $6,180/month

16 Days on Market

Highlights

  • City Lights View
  • Open Floorplan
  • Property is near public transit
  • Longfellow Elementary School Rated A-
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of November 2020

Welcome to 4232 Walnut Ave, located in the highly demanded Bixby Knolls area of Long Beach! School ratings K-12 are great and you will see neighbors walking in the streets greeting one another daily. The home’s location is near golf courses, country clubs, shopping, the gym, trader joes, places of worship, the airport and more. The house is spacious with an open floor plan, larger than average room sizes, and a true master suite with a walk-in closet, a large master bathroom with double vanity potential, along with French doors leading to a patio retreat! Upgrades include French doors, copper plumbing, hardwood floors, plenty of parking space, and a private garden area with fruit trees. The home needs a little bit of TLC, but the area has huge investment potential. Don’t miss out on the opportunity to be in the epicenter of Los Angeles County for easy access to major freeways and of course to the beach!

Last Agent to Sell the Property

Christopher Rubio

Rubio Real Estate License #01959226 Listed on: 06/14/2020

Rubio Real Estate

Last Buyer's Agent

Tim Majka

Keller Williams Coastal Prop. License #01399855

Keller Williams Coastal Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,323

Year Built

  • Built in 1943

Lot Details

  • 6,105 Sq Ft Lot
  • West Facing Home
  • Wrought Iron Fence
  • Wood Fence
  • Rectangular Lot
  • Lawn
  • Front Yard
  • Property is zoned LBR1N

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Two Garage Doors
  • Automatic Gate

Property Views

  • City Lights
  • Mountain
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Cosmetic Repairs Needed
  • Major Repairs Completed
  • Fixer Upper
  • Raised Foundation
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,671 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Double Pane Windows
  • French Doors
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Makeup or Vanity Space
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Rear Porch

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 44
  • Tax Tract Number 12190
  • Assessor Parcel Number 7137005004

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,323

Year Built

Built in 1943

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Privately Maintained
  • Security: Automatic Gate, Smoke Detector(s)
  • View: Yes
  • Zoning: LBR1N
  • Architectural Style: Contemporary
  • Property Condition: Fixer, Repairs Cosmetic, Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7137005004
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1671.00 Square Feet
  • Interior Amenities: Copper Plumbing Full, Granite Counters, Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Dining Room, In Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 406.94
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower, Tile Counters, Vanity Area

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Raised
  • Exterior Features: Lighting, Rain Gutters
  • View: City Lights, Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Patio And Porch Features: Rear Porch
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop, Gas Water Heater, Water Heater
  • Electric: Electricity - On Property
  • 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: Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Front Yard, Lawn, Rectangular Lot, Near Public Transit
  • Lot Size Sq Ft: 6105.00
  • Lot Size Acres: 0.1402

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6105.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5715.04
  • Tax Lot: 44
  • Tax Tract Number: 12190

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2020
Closed on
Oct 13, 2020
Sold by
Devon Bank
Bought by
Hasan Usman and Motala Tasneem
Seller's Agent
Christopher Rubio
Rubio Real Estate
Buyer's Agent
Tim Majka
Keller Williams Coastal Prop.
List Price
$624,999
Sold Price
$680,000
Premium/Discount to List
$55,001
8.8%
Current Estimated Value
$991,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,605
Avg. Annual Appreciation
8.22%
Original Mortgage
$773,804
Outstanding Balance
$690,145
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$303,560

Purchase Details

Closed on
Jul 15, 2020
Sold by
Latimer Tasha
Bought by
Devon Bank

Purchase Details

Closed on
Jul 19, 2002
Sold by
Horn Ron B and Horn Caren
Bought by
Latimer Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,900
Interest Rate
6.51%

Purchase Details

Closed on
Mar 25, 2002
Sold by
Moore Nora and Estate Of Mary B Cox
Bought by
Horn Ron B and Horn Caren A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
7.18%
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
Hasan Usman -- Wfg Title Company Of Ca
Devon Bank $680,000 Wfg Title Company Of Ca
Latimer Russell $373,000 First American Title Co
Horn Ron B $190,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hasan Usman $773,804
Previous Owner Latimer Russell $265,000
Previous Owner Latimer Russell $50,000
Previous Owner Latimer Russell $284,900
Previous Owner Latimer Russell $291,900
Previous Owner Horn Ron B $199,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2020 11/01/20 Sold $680,000 +8.8% $407 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
06/14/2020 06/14/20 For Sale $624,999 -- $374 / 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 $9,323 $736,053 $465,445 $270,608
2024 $9,323 $721,621 $456,319 $265,302
2023 $9,167 $707,472 $447,372 $260,100
2022 $8,605 $693,600 $438,600 $255,000
2021 $8,518 $680,000 $430,000 $250,000
2020 $4,781 $370,543 $291,343 $79,200
2019 $4,725 $363,279 $285,631 $77,648
2018 $4,525 $356,157 $280,031 $76,126
2016 $4,156 $342,329 $269,158 $73,171
2015 $3,991 $337,187 $265,115 $72,072
2014 $3,965 $330,583 $259,922 $70,661
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20098620

California Regional Multiple Listing Service (CRMLS)

APN: 7137-005-004