NOT LISTED FOR SALE

4848 Pearce Ave Long Beach, CA 90808

Lakewood VIllage Neighborhood

Estimated Value: $1,014,000 - $1,135,000

3 Beds
2 Baths
1,812 Sq Ft
$590/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $815,000 $450 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,623/month

5 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Park
  • Mark Twain Elementary School Rated A-
  • Two cooling system units
  • Laundry Room

About This Home

As of May 2021

Situated in the heart of Long Beach's Lakewood Village neighborhood, First Team Real Estate presents 4848 Pearce Avenue. Within the 1,812 sqft of living space, you will find three bedrooms, two bathrooms, an oversized galley kitchen, a family room, a formal living area, and separate indoor laundry. You won't have to measure this master suite to determine if your king bed and dresser will fit; it's spacious and ready to create your own tranquil space within. The private backyard offers plenty of room for your patio furniture or outdoor dining set up. If you would like to expand the home or add a pool, the possibilities are endless. The systems have been upgraded, including a newer roof (2018), new water heater (Jan. 2019), copper plumbing, ductless heat/AC, a new condenser, and the foundation was retrofit for earthquakes in 2017. This home is in a lovely community steps away from Pan Am Park and Lakewood Mall's amenities.

Last Agent to Sell the Property

Brendan Mahoney

First Team Real Estate License #02024055 Listed on: 03/24/2021

First Team Real Estate

Last Buyer's Agent

Charlotte Radziminsky

First Team Real Estate License #01243605

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,106

Year Built

  • Built in 1950

Lot Details

  • 5,246 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Home Design

  • 1,812 Sq Ft Home
  • Ranch Style House

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Parking Available
  • Driveway

Schools

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

Utilities

  • Two cooling system units
  • Heat Pump System
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 139
  • Tax Tract Number 16219
  • Assessor Parcel Number 7180008009

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,106

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7180008009
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1812.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 449.78
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Heat Pump
  • Laundry Features: Individual Room, Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park

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

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5246.00
  • Lot Size Acres: 0.1204

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5246.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 139
  • Tax Tract Number: 16219

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Apr 8, 2021
Sold by
Loftin Craig and Loftin Daniel M
Bought by
Weismuller Sarah Elizabeth and Bumacod Annaliza Balitao
Seller's Agent
Brendan Mahoney
First Team Real Estate
Buyer's Agent
Charlotte Radziminsky
First Team Real Estate
List Price
$789,900
Sold Price
$815,000
Premium/Discount to List
$25,100
3.18%
Current Estimated Value
$1,069,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,334
Avg. Annual Appreciation
6.11%
Original Mortgage
$707,000
Outstanding Balance
$642,079
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$412,212

Purchase Details

Closed on
Jan 15, 2014
Sold by
Loftin Craig and Loftin Daniel M
Bought by
Loftin Family Trust

Purchase Details

Closed on
May 25, 2011
Sold by
Loftin Craig and Loftin Daniel M
Bought by
Loftin Craig Michael and Loftin Daniel Montgomery

Purchase Details

Closed on
Apr 9, 2007
Sold by
Amarantos Sharon L and The Dona C Steely Living Trust
Bought by
Loftin Craig and Loftin Daniel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2005
Sold by
Steely Dona C
Bought by
Steely Dona C and The Dona C Steely Living 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
Weismuller Sarah Elizabeth $815,000 Ticor Title Company Of Ca
Loftin Family Trust -- None Available
Loftin Craig Michael -- None Available
Loftin Craig $520,000 Multiple
Steely Dona C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weismuller Sarah Elizabeth $44,000
Open Weismuller Sarah Elizabeth $707,000
Previous Owner Loftin Craig $196,250
Previous Owner Loftin Craig Michael $215,500
Previous Owner Loftin Craig $232,500
Previous Owner Loftin Craig $200,000
Previous Owner Steely Dona C $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2021 05/10/21 Sold $815,000 +3.2% $450 / Sq Ft
03/27/2021 03/27/21 For Sale $789,900 -- $436 / 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 $11,106 $882,179 $705,744 $176,435
2024 $11,106 $864,882 $691,906 $172,976
2023 $10,921 $847,925 $678,340 $169,585
2022 $10,244 $831,300 $665,040 $166,260
2021 $7,932 $643,621 $433,210 $210,411
2020 $7,908 $637,022 $428,768 $208,254
2019 $7,815 $624,532 $420,361 $204,171
2018 $7,567 $612,287 $412,119 $200,168
2016 $6,949 $588,514 $396,117 $192,397
2015 $6,422 $558,000 $375,000 $183,000
2014 $6,054 $519,000 $349,000 $170,000
Source: Public Records

Agents Affiliated with this Home

  • Brendan Mahoney

    Seller's Agent in 2021

    Brendan Mahoney

    First Team Real Estate

    (781) 964-3112

    1 in this area

    42 Total Sales

    Brendan Mahoney
    Section Image
  • Charlotte Radziminsky

    Buyer's Agent in 2021

    Charlotte Radziminsky

    First Team Real Estate

    (714) 308-0161

    1 in this area

    57 Total Sales

    Charlotte Radziminsky
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21043187

California Regional Multiple Listing Service (CRMLS)

APN: 7180-008-009

California Los Angeles County Long Beach 90808 Lakewood VIllage

4848 Pearce Ave, Long Beach, CA

This home is located at 4848 Pearce Ave, Long Beach, CA 90808 since 24 March 2021 and is currently estimated at $1,069,334, approximately $590 per square foot. This property was built in 1950. 4848 Pearce Ave is a home located in Los Angeles County with nearby schools including Mark Twain Elementary School, Bancroft Middle School, and Lakewood High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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