NOT LISTED FOR SALE

Estimated Value: $992,000 - $1,607,000

5 Beds
3 Baths
2,055 Sq Ft
$628/Sq Ft Est. Value

Last Sold September 28, 2017

Last sale price $870,000 $423 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $8,080/month

33 Days on Market

Highlights

  • All Bedrooms Downstairs
  • 7,063 Sq Ft lot
  • Wood Flooring
  • Long Beach Polytechnic High School Rated A
  • Craftsman Architecture
  • 2-minute walk to Miracle On Fourth Street Park

About This Home

As of September 2017

Welcome to 449 Walnut and 1530 E. 5th St.! These 2 detached vintage homes built in 1912 are on a large corner lot of 7063 sq. ft. The front home, 449 Walnut is a 3 bedroom, 2 bath beautiful Craftsman bungalow incorporating lovingly restored timeless workmanship with a touch of modern design. An open, spacious floorplan with lots of natural light highlights original built-in cabinets and gorgeous restored original wood floors throughout. The well appointed gourmet kitchen seamlessly blends modern chic with the classic vintage architecture. Stainless steel appliances (including refrigerator), classic subway tile and a large moveable kitchen island with custom butcher block top are sure to excite any foodie!

1530 E. 5th Street is a 2 bedroom, 1 bath bungalow with retro kitchen and updated bath room, beautifully restored original wood floors, and a sunny enclosed front porch. This home includes the refrigerator, stackable washer and dryer. The bungalow is currently rented with a tenant who wants to stay.

There is a 2 car garage currently shared between the two homes, along with driveway parking for 3 cars, and each home has it’s own private yard. You will love the stunning restored character and charm of these homes! All this and just a stroll to the beach, shopping, restaurants, coffee shops and 4th Street’s Retro Row & Art Theater. Great for an investor or live in one and rent the other out for income.

Last Agent to Sell the Property

Leonora Clancy

Coldwell Banker-Campbell Rltrs License #00981383 Listed on: 07/19/2017

Coldwell Banker-Campbell Rltrs

Last Buyer's Agent

Cedric Ferrell

Cedric Ferrell, Broker License #01913707

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,579

Year Built

  • Built in 1912 | Remodeled

Lot Details

  • 7,063 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Level Lot
  • Front Yard Sprinklers
  • Private Yard

Parking

  • 2 Car Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Brick Driveway
  • Combination Of Materials Used In The Driveway

Home Design

  • Craftsman Architecture
  • Bungalow
  • Raised Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,055 Sq Ft Home
  • High Ceiling
  • Double Pane Windows
  • Living Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • Jack-and-Jill Bathroom
  • 3 Bathrooms

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Rain Gutters

Utilities

  • Floor Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 7266018014

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,579

Year Built

Built in 1912 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Security System, Smoke Detector(s)
  • Subdivision Name Other: Alamitos Heights (AH)
  • Zoning: LBR3T
  • Architectural Style: Bungalow, Craftsman
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 7266018014
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: High Ceilings
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 423.36
  • Room Type: All Bedrooms Down, Jack & Jill, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Driveway - Brick, Driveway - Combination, Concrete, Garage
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Range Hood, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Floor Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Lot 6500-9999, Level, Sprinkler System, Sprinklers In Front, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 7063.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5765.02
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2021
Sold by
Stone Emett Lee and Courtney Grosvenor
Bought by
Stone Family Trust and Stone
Current Estimated Value
$1,290,469

Purchase Details

Closed on
Aug 10, 2020
Sold by
Stone Emett and Stone Courtney
Bought by
Stone Emett and Stone Courtney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,850
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 19, 2017
Closed on
Aug 25, 2017
Sold by
Charette Sheila J and Charette Family Trust
Bought by
Stone Emettl and Grosvenor Courtney
Seller's Agent
Leonora Clancy
Coldwell Banker-Campbell Rltrs
Buyer's Agent
Cedric Ferrell
Cedric Ferrell, Broker
List Price
$927,000
Sold Price
$870,000
Premium/Discount to List
-$57,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.34%
Original Mortgage
$696,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2013
Sold by
Charette Raymond O and Charette Sheila J
Bought by
Charette Raymond O and Charette Sheila J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,200
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2012
Sold by
Charette Raymond O
Bought by
Charette Raymond O and Charette Sheila J

Purchase Details

Closed on
Mar 21, 2011
Sold by
Charette Sheila J
Bought by
Charette Raymond O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,900
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2011
Sold by
Saling Carol Jo and Buscemi Family Exemption Equiv
Bought by
Charette Raymond O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,900
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2001
Sold by
Buscemi Josephine and The Buscemi Family Marital Tru
Bought by
Buscemi Josephine and The Buscemi Family Exemption E

Purchase Details

Closed on
May 29, 1996
Sold by
Buscemi Angelo and Buscemi Josephine
Bought by
Buscemi Angelo and Buscemi Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.96%

Purchase Details

Closed on
May 6, 1996
Sold by
Hollingsead Robert A
Bought by
Buscemi Angelo and Buscemi Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.96%

Purchase Details

Closed on
Nov 21, 1995
Sold by
Buscemi Angelo and Buscemi Josephine
Bought by
Buscemi Angelo and Buscemi Josephine

Purchase Details

Closed on
Nov 16, 1995
Sold by
Troncale Kathleen Nancy and Philip J Pisano 1987 Trust
Bought by
Hollingsead Robert A

Purchase Details

Closed on
Nov 8, 1994
Sold by
Pisano Philip A and Pisano Joanne R
Bought by
The Philip J Pisano 1987 Trust
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
Stone Family Trust -- None Listed On Document
Stone Emett -- Lawyers Title Company
Stone Emettl $870,000 Orange Coast Title Co Socal
Charette Raymond O -- None Available
Charette Raymond O -- None Available
Charette Raymond O -- None Available
Charette Raymond O -- Ticor Title Company
Charette Raymond O $277,500 Ticor Title Company
Buscemi Josephine -- --
Buscemi Josephine -- --
Buscemi Angelo -- California Counties Title Co
Buscemi Angelo -- California Counties Title Co
Buscemi Angelo $35,000 California Counties Title Co
Buscemi Angelo -- --
Hollingsead Robert A -- --
Hollingsead Robert A -- --
Hollingsead Robert A -- --
The Philip J Pisano 1987 Trust -- --
The Philip J Pisano 1987 Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stone Emett $670,850
Previous Owner Stone Emettl $696,000
Previous Owner Charette Raymond O $205,200
Previous Owner Charette Raymond O $207,900
Previous Owner Buscemi Angelo $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2017 09/28/17 Sold $870,000 -6.1% $423 / Sq Ft
09/19/2017 09/19/17 For Sale $927,000 0.0% $451 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
07/19/2017 07/19/17 For Sale $927,000 -- $451 / 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 $12,579 $989,906 $694,073 $295,833
2024 $12,579 $970,497 $680,464 $290,033
2023 $12,371 $951,469 $667,122 $284,347
2022 $11,611 $932,814 $654,042 $278,772
2021 $11,385 $914,524 $641,218 $273,306
2020 $11,356 $905,148 $634,644 $270,504
2019 $11,224 $887,400 $622,200 $265,200
2018 $10,874 $870,000 $610,000 $260,000
2017 $4,096 $305,997 $209,740 $96,257
2016 $3,802 $299,998 $205,628 $94,370
2015 $3,654 $295,493 $202,540 $92,953
2014 $3,638 $289,706 $198,573 $91,133
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17162938

California Regional Multiple Listing Service (CRMLS)

APN: 7266-018-014