NOT LISTED FOR SALE

Estimated Value: $1,062,000 - $1,251,000

3 Beds
1.5 Baths
1,766 Sq Ft
$651/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $750,000 $425 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $6,998/month

5 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • No HOA
  • Mark Twain Elementary School Rated A-
  • High Ceiling
  • Beamed Ceilings

About This Home

As of August 2020

First time on the market in 45+ years. Custom-Built in 1939 with the charm of its Art Deco roots. Lowest Price in The Village! 3 Bedrooms/1.5 Baths/1766 Square Feet (per Assessor). Huge Family Room with Brick Fireplace and Loads of Windows to appreciate the Huge Backyard. Loads of Potential everywhere you look. Large Kitchen with Eating Area (could use some updating...) Formal Dining Room with Fireplace and Tile flooring. Recent upgrades include: Forced Air Heating/Central Air Conditioning; Refinished Hardwood Floors. Located on a lovely, quiet tree-lined street in Lakewood Village (To those NOT familiar with Lakewood Village, it is a small, upscale community with tree-lined streets, no sidewalks and over-sized lots. A True Neighborhood where folks put down roots and neighbors watch out for each other. A bit of country in the middle of urban convenience.) Price reflects the dated conditions.

Last Agent to Sell the Property

Beryl Henry

Berkshire Hathaway HomeServices California Properties License #00917093 Listed on: 07/10/2020

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Julia Borges

Amberwood Real Estate, Inc. License #02003700

Last Buyer's Agent

Holly Kovich

Holly Kovich and Associates License #01350418

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,333

Year Built

  • Built in 1939

Lot Details

  • 7,545 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Block Wall Fence
  • Rectangular Lot
  • Front Yard Sprinklers
  • Property is zoned LBR1N

Parking

  • 1 Car Direct Access Garage
  • 1 Open Parking Space
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Driveway

Home Design

  • Raised Foundation
  • Unfinished Walls
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 1,766 Sq Ft Home
  • 1-Story Property
  • Bar
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Track Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Window Screens
  • Family Room with Fireplace
  • Living Room
  • Dining Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Formica Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Exterior Lighting
  • Shed

Schools

  • Twain Elementary School
  • Bancroft Middle School
  • Lakewood High School

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Solar Water Heater
  • Suburban Location

Community Details

  • No Home Owners Association
  • Lakewood Village Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / E
  • Tax Tract Number 111
  • Assessor Parcel Number 7181023003

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,333

Year Built

Built in 1939

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Stove, Refrigerator, Solar Water Heater, shed, wood for fireplaces, extra bricks
  • Property Attached: No
  • Subdivision Name Other: Lakewood Village (LKVL)
  • View: No
  • Zoning: LBR1N
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7181023003
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1766.00 Square Feet
  • Interior Amenities: Bar, Beamed Ceilings, Ceiling Fan(s), Formica Counters, High Ceilings, Pantry, Tile Counters, Track Lighting, Unfinished Walls
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Fireplace Features: Dining Room, Family Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 424.69
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Double Pane Windows, Screens
  • Bathroom Features: Bathtub, Shower In Tub

Exterior Features

  • Direction Faces: West
  • Foundation: Raised
  • Other Structures: Shed(s)
  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Asphalt, Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage Faces Front, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Microwave, Refrigerator, Solar Hot Water
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Suburban

Schools

  • School District: Long Beach Unified
  • Elementary School: Twain
  • Middle School: Bancroft
  • High School: Lakewood
  • Elementary School: Twain
  • High School: Lakewood
  • Middle Or Junior School: Bancroft
  • Elementary School #2: TWAIN
  • High School2: LAKEWO

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Rectangular Lot, Sprinklers In Front
  • Lot Size Sq Ft: 7545.00
  • Lot Size Acres: 0.1732

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7545.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: E
  • Tax Census Tract: 5712.00
  • Tax Lot: 7
  • Tax Tract Number: 111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2022
Sold by
Martinelli Jeffrey P and Martinelli Erin L
Bought by
Martinelli Family Trust
Current Estimated Value
$1,120,890

Purchase Details

Listed on
Jul 10, 2020
Closed on
Aug 4, 2020
Sold by
Weigel Judith L and The Weigel Trust
Bought by
Martinelli Erin L and Martinelli Jeffrey P
Seller's Agent
Beryl Henry
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Holly Kovich
Holly Kovich and Associates
List Price
$699,000
Sold Price
$750,000
Premium/Discount to List
$51,000
7.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%
Original Mortgage
$712,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2020
Sold by
Weigel Judith L and Weigel Trust
Bought by
Weigel Judith L and Weigel 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
Martinelli Family Trust -- Tredway Lumsdaine & Doyle Llp
Martinelli Erin L $750,000 Ticor Title Company
Weigel Judith L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinelli Erin L $712,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $750,000 +7.3% $425 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $699,000 -- $396 / 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 $10,333 $811,822 $649,458 $162,364
2024 $10,333 $795,905 $636,724 $159,181
2023 $10,162 $780,300 $624,240 $156,060
2022 $9,534 $765,000 $612,000 $153,000
2021 $9,348 $750,000 $600,000 $150,000
2020 $1,547 $101,620 $27,768 $73,852
2019 $1,529 $99,628 $27,224 $72,404
2018 $1,431 $97,676 $26,691 $70,985
2016 $1,305 $93,885 $25,655 $68,230
2015 $1,259 $92,476 $25,270 $67,206
2014 $1,257 $90,665 $24,775 $65,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20135202

California Regional Multiple Listing Service (CRMLS)

APN: 7181-023-003