NOT LISTED FOR SALE

Estimated Value: $1,309,000 - $1,502,000

4 Beds
2 Baths
2,072 Sq Ft
$687/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $1,125,000 $543 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $9,020/month

5 Days on Market

Highlights

  • Golf Course Community
  • RV Access or Parking
  • Private Yard
  • Mark Twain Elementary School Rated A-
  • Property is near public transit
  • No HOA

About This Home

As of May 2021

A DOUBLE LOT in prestigious Lakewood Village! "The Village" is one of the most sought after neighborhoods in Long Beach. Known for its elegant architecture and prime location, it is conveniently close to: the Long Beach Airport, LBX, freeways, Lakewood Center Mall, 3 Starbucks, a plethora of restaurants, LBCC, K-12 schools and parks. Are you looking for a large lot in a friendly neighborhood? This is the property for you! As you walk in, you may be drawn to the abundance of natural light in the formal dining room (to the left of the entryway). To the right, you'll be delighted to see a spacious living room with a gorgeous bay window that looks out to the beautiful neighborhood. The family room in the back has enough room for a second dining area and the kitchen is central to both dining areas. The existing floor plan has boundless value-add possibilities. With a 15,605 sq. ft. lot, this serene backyard feels like a mini park. There is more than enough room to add a: pool, spa, master suite or covered patio; the possibilities are endless. Recent work includes: newly installed sprinkler system, seeded lawn, newly planted flowers, new metal water heater base installed, termite work has been started and Section 1 termite completion will be seller paid. The large lot features a 2 car garage with a side fence that can be easily converted into RV/boat parking. Since this is one of only a few double lots in Lakewood Village, this is a rare opportunity that will not come around often!

Last Agent to Sell the Property

Kelly Tap

Keller Williams Pacific Estate License #01806412 Listed on: 04/01/2021

Keller Williams Pacific Estate

Last Buyer's Agent

Laura Greene

Century 21 Masters License #00933863

Century 21 Masters

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,392

Year Built

  • Built in 1938

Lot Details

  • 0.36 Acre Lot
  • Rectangular Lot
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Garden
  • Front Yard
  • Value in Land
  • Property is zoned LBR1N

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Oversized Parking
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway
  • RV Access or Parking

Home Design

  • Cosmetic Repairs Needed
  • Major Repairs Completed
  • Fixer Upper
  • Shake Roof

Interior Spaces

  • 2,072 Sq Ft Home
  • 1-Story Property
  • Bay Window
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Carpet
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Tile Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Open Patio
  • Exterior Lighting
  • Shed

Location

  • Property is near public transit

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 5 / E
  • Tax Tract Number 111
  • Assessor Parcel Number 7181022009

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,392

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LBR1N
  • Property Condition: Fixer, Repairs Cosmetic, Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7181022009
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2072.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Area, Dining Room, Separated
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 542.95
  • Room Type: Entry, Family Room, Living Room, Walk-In Closet
  • Window Features: Bay Window(s)
  • Bathroom Features: Shower
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s)
  • View: Neighborhood
  • Patio And Porch Features: Patio, Patio Open
  • Pool Private: No
  • Roof: Shake
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Paved, Garage, Garage Faces Front, Garage - Single Door, Oversized, RV Access/Parking
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop, Water Heater
  • Heating Type: Central
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Golf, Park, Sidewalks, Storm Drains, Street Lights

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Front Yard, Garden, Level with Street, Lot 10000-19999 Sqft, Rectangular Lot, Near Public Transit, Sprinkler System, Value In Land, Yard
  • Lot Size Sq Ft: 15605.00
  • Lot Size Acres: 0.3582

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15605.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: E
  • Tax Census Tract: 5712.00
  • Tax Lot: 5
  • Tax Tract Number: 111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2021
Sold by
Ortega Eliberto and Gaytan Monica Cecilia
Bought by
Ortega Eliberto and Gaytan Monica Cecilia
Current Estimated Value
$1,422,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$664,755
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$702,256

Purchase Details

Listed on
Apr 1, 2021
Closed on
May 3, 2021
Sold by
Zike Bruce and Zike Don
Bought by
Ortega Eliberto and Gaytan Monica Cecilia
Seller's Agent
Kelly Tap
Keller Williams Pacific Estate
Buyer's Agent
Laura Greene
Century 21 Masters
List Price
$1,200,000
Sold Price
$1,125,000
Premium/Discount to List
-$75,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$161,360
Interest Rate
3%
Mortgage Type
New Conventional
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
Ortega Eliberto -- Amrock Llc
Ortega Eliberto -- Amrock Llc
Ortega Eliberto $1,125,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortega Eliberto $720,000
Closed Ortega Eliberto $161,360
Closed Ortega Eliberto $161,360
Closed Ortega Eliberto $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold $1,125,000 -6.3% $543 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $1,200,000 -- $579 / 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 $15,392 $1,217,734 $974,188 $243,546
2024 $15,392 $1,193,858 $955,087 $238,771
2023 $15,140 $1,170,450 $936,360 $234,090
2022 $14,206 $1,147,500 $918,000 $229,500
2021 $2,038 $133,103 $33,037 $100,066
2020 $2,030 $131,739 $32,699 $99,040
2019 $2,007 $129,157 $32,058 $97,099
2018 $1,828 $126,626 $31,430 $95,196
2016 $1,669 $121,710 $30,210 $91,500
2015 $1,610 $119,883 $29,757 $90,126
2014 $1,610 $117,536 $29,175 $88,361
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21066372

California Regional Multiple Listing Service (CRMLS)

APN: 7181-022-009