NOT LISTED FOR SALE

Estimated Value: $1,522,000 - $1,757,000

6 Beds
4.5 Baths
3,802 Sq Ft
$442/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $1,400,000 $368 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $10,749/month

26 Days on Market

Highlights

  • Primary Bedroom Suite
  • Two Way Fireplace
  • Private Yard
  • Mark Twain Elementary School Rated A-
  • Bonus Room
  • No HOA

About This Home

As of October 2021

Take advantage of this rare opportunity to own an exclusive home in the desirable area of Lakewood Village! Newly renovated throughout with designer finishes to give it a contemporary facelift and bring it up to date with modern technology including a Nest thermostat to control the brand new dual-zoned A/C systems, tankless water heater, and solar panels that are COMPLETELY PAID OFF! The amount of living space in this luxurious home is incredible; at 3,802 sqft, it offers 7 spacious rooms (5 upstairs bedrooms, 2 downstairs bonus rooms), 4.5 baths, double-sided gas fireplace, den with wet bar and wine fridge, gourmet kitchen with an enormous quartz center island ready for all your entertainment needs, plus plenty more! The phenomenal open floor plan is bright and airy and features recessed lighting, high ceilings, a main bedroom suite with giant walk-in closet and balcony overlooking the yard. Plenty of backyard space with a grassy lawn, deck, and even enough room to build a pool and spa or ADU if your heart desires. The detached oversized 2-car garage even comes with cabinets. Finally, for all your storage and tidying needs, this home offers an attic that spans the size of the home, providing plenty of room to store all your goodies and hide the clutter. The possibilities are endless. With so much to offer, this house has everything you dreamed of for your forever home; no compromises needed!! Back on market after buyers could not perform.

Last Agent to Sell the Property

ELAINE LAU

Corpen Real Estate Group License #01863891 Listed on: 08/05/2021

Last Buyer's Agent

Elyssa Apodaca

Circle Real Estate License #01945344

Circle Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,687

Year Built

  • Built in 1943

Lot Details

  • 7,355 Sq Ft Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Property is zoned LBR1N

Parking

  • 2 Car Garage

Interior Spaces

  • 3,802 Sq Ft Home
  • 2-Story Property
  • Two Way Fireplace
  • Gas Fireplace
  • Entryway
  • Living Room with Fireplace
  • Home Office
  • Bonus Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association
  • Lakewood Village Subdivision

Listing and Financial Details

  • Legal Lot and Block 28 / A
  • Tax Tract Number 111
  • Assessor Parcel Number 7181030015

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,687

Year Built

Built in 1943

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator, wine fridge, oven/range
  • Property Attached: No
  • Subdivision Name Other: Lakewood Village (LKVL)
  • View: Yes
  • Zoning: LBR1N
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7181030015
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3802.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Living Room, Gas, Two Way
  • Levels: Two
  • Main Level Bathrooms: 2
  • Price Per Square Foot: 368.23
  • Room Type: Bonus Room, Den, Entry, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Office, Walk-In Closet

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

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

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Sprinkler System, Yard
  • Lot Size Sq Ft: 7355.00
  • Lot Size Acres: 0.1688

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7355.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: A
  • Tax Census Tract: 5712.00
  • Tax Lot: 28
  • Tax Tract Number: 111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Oct 1, 2021
Sold by
Milkhouse Investors Llc
Bought by
Naik Satyam and Zamudio Andrea
Seller's Agent
ELAINE LAU
Corpen Real Estate Group
Buyer's Agent
Elyssa Apodaca
Circle Real Estate
List Price
$1,349,999
Sold Price
$1,400,000
Premium/Discount to List
$50,001
3.7%
Current Estimated Value
$1,678,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,838
Avg. Annual Appreciation
4.86%
Original Mortgage
$1,120,000
Outstanding Balance
$1,025,758
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$653,080

Purchase Details

Closed on
May 2, 2021
Sold by
Welch Peter W and Peter W Welch Living Trust
Bought by
Welch Peter W and Welch Matthew L

Purchase Details

Listed on
Sep 7, 2020
Closed on
Oct 16, 2020
Sold by
Welch Peter W
Bought by
Milkhouse Investors Llc
Seller's Agent
Devin Corcoran
T.N.G. Real Estate Consultants
Buyer's Agent
Sheri Schuster
Coldwell Banker Realty
List Price
$949,900
Sold Price
$860,000
Premium/Discount to List
-$89,900
-9.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.92%
Original Mortgage
$285,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 2009
Sold by
Welch Peter W
Bought by
Welch Peter W and Peter W Welch Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.17%
Mortgage Type
Credit Line Revolving
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
Naik Satyam $1,400,000 Ticor Title
Welch Peter W -- None Available
Milkhouse Investors Llc $860,000 First American Title Company
Welch Peter W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naik Satyam $1,120,000
Previous Owner Milkhouse Investors Llc $285,000
Previous Owner Milkhouse Investors Llc $875,000
Previous Owner Welch Peter W $385,000
Previous Owner Welch Peter W $250,000
Previous Owner Welch Peter W $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $1,400,000 +3.7% $368 / Sq Ft
08/05/2021 08/05/21 For Sale $1,349,999 +57.0% $355 / Sq Ft
10/23/2020 10/23/20 Sold $860,000 -9.5% $226 / Sq Ft
09/07/2020 09/07/20 For Sale $949,900 -- $250 / 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 $18,687 $1,485,690 $933,969 $551,721
2024 $18,687 $1,456,559 $915,656 $540,903
2023 $18,382 $1,428,000 $897,702 $530,298
2022 $17,244 $1,400,000 $880,100 $519,900
2021 $10,802 $860,000 $650,000 $210,000
2019 $1,837 $113,370 $27,224 $86,146
2018 $8,234 $111,148 $26,691 $84,457
2016 $8,064 $106,833 $25,655 $81,178
2015 $1,488 $105,229 $25,270 $79,959
2014 $1,485 $103,168 $24,775 $78,393
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS21172913

California Regional Multiple Listing Service (CRMLS)

APN: 7181-030-015