NOT LISTED FOR SALE

4550 Faculty Ave Long Beach, CA 90808

Lakewood VIllage Neighborhood

Estimated Value: $966,000 - $1,207,000

3 Beds
2.5 Baths
1,598 Sq Ft
$682/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $610,000 $382 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $6,486/month

93 Days on Market

Highlights

  • Maid or Guest Quarters
  • Traditional Architecture
  • Home Office
  • Mark Twain Elementary School Rated A-
  • No HOA
  • Concrete Porch or Patio

About This Home

As of October 2014

Charming, well-maintained family home in the heart of Lakewood Village. Quiet location in interior tract, close to all amenities. Private, park-like backyard with fruit trees and high yielding grapevine providing a magical Tuscan setting on the patio, perfect for entertaining. Long driveway - large enough for 4 vehicles, leading to garage with both front and rear access allowing additional parking on concrete pad behind. Attached to garage is permitted, fully insulated office with half bathroom. Plus, there is a finished playhouse (approx. 12'x6') with built-in bed - both areas would provide comfortable lodging for overnight guests. Freshly painted country-style kitchen with breakfast bar which overlooks dining area, both areas of which have new bamboo hardwood flooring. Carpeted living room is spacious and well lit. Both bathrooms have recently been gutted and tastefully remodeled in contemporary style. All three bedrooms are large and have new or refinished hardwood flooring, mirrored closet doors and ceiling fans. Rear bedroom also has custom closet organizers and door to the rear patio. Additional upgrades include dual pane windows, copper plumbing, new forced air heating system, new refrigerator/freezer, and new washing machine.

Last Agent to Sell the Property

Tessa Murray

Susan McKaig, Broker License #01070418 Listed on: 07/30/2014

Last Buyer's Agent

Debra Baughman

Keller Williams Coastal Prop. License #01346970

Keller Williams Coastal Prop.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 8,124 Sq Ft Lot
  • Block Wall Fence

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Copper Plumbing

Interior Spaces

  • 1,598 Sq Ft Home
  • 1-Story Property
  • Home Office
  • Pull Down Stairs to Attic
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating
  • Sewer Paid

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 11108
  • Assessor Parcel Number 7181021002

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: kitchen appliances, washer and dryer
  • Property Attached: No
  • Subdivision Name Other: Lakewood Village (LKVL)
  • View: No
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7181021002
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1598.00
  • Interior Amenities: Copper Plumbing Full, Pull Down Stairs to Attic
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 381.73
  • Room Type: All Bedrooms Down, Guest/Maid's Quarters, Office

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8124.00
  • Lot Size Acres: 0.1870

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8124.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 11108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2014
Closed on
Oct 23, 2014
Sold by
Caplen Brian
Bought by
Nucum Rolando M and Santos Nucum Janet Delos
Seller's Agent
Tessa Murray
Susan McKaig, Broker
Buyer's Agent
Debra Baughman
Keller Williams Coastal Prop.
List Price
$649,000
Sold Price
$610,000
Premium/Discount to List
-$39,000
-6.01%
Current Estimated Value
$1,090,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,196
Avg. Annual Appreciation
5.34%
Original Mortgage
$417,000
Outstanding Balance
$320,863
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$769,333

Purchase Details

Closed on
Sep 30, 2010
Sold by
Caplen Brian George
Bought by
Caplen Brian and Caplen Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 1999
Sold by
Vecchio Gary A
Bought by
Caplen Brian George and Caplen Susan Laraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,831
Interest Rate
4.55%

Purchase Details

Closed on
Mar 25, 1999
Sold by
Martinez Joseph R
Bought by
Vecchio Gary A and The Gary A Vecchio Trust

Purchase Details

Closed on
Jul 30, 1993
Sold by
Martinez Joseph R
Bought by
Martinez Joseph R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
7.34%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nucum Rolando M $610,000 First American Title Company
Caplen Brian -- Lsi Title Company
Caplen Brian George $269,000 First American Title Co
Vecchio Gary A $80,000 --
Martinez Joseph R -- Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nucum Rolando M $417,000
Previous Owner Caplen Brian $313,000
Previous Owner Caplen Brian George $241,831
Previous Owner Martinez Joseph R $118,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2014 10/31/14 Sold $610,000 -2.4% $382 / Sq Ft
08/16/2014 08/16/14 Price Changed $624,900 -3.7% $391 / Sq Ft
07/30/2014 07/30/14 For Sale $649,000 -- $406 / 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 $9,287 $733,118 $586,498 $146,620
2024 $9,287 $718,745 $574,999 $143,746
2023 $9,131 $704,653 $563,725 $140,928
2022 $8,567 $690,837 $552,672 $138,165
2021 $8,398 $677,292 $541,836 $135,456
2019 $8,275 $657,206 $525,766 $131,440
2018 $8,022 $644,320 $515,457 $128,863
2016 $7,374 $619,302 $495,442 $123,860
2015 $7,075 $610,000 $488,000 $122,000
2014 $4,097 $340,886 $203,235 $137,651
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Tessa Murray

    Susan McKaig, Broker

    (562) 260-1281

    1 in this area

    4 Total Sales

    Tessa Murray
    Section Image

  • D

    Buyer's Agent in 2014

    Debra Baughman

    Keller Williams Coastal Prop.

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS14163259

California Regional Multiple Listing Service (CRMLS)

APN: 7181-021-002

California Los Angeles County Long Beach 90808 Lakewood VIllage

4550 Faculty Ave, Long Beach, CA

Not Listed for Sale

Detached

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