Seller's Agent in 2024
Robert Acevedo
Circle Real Estate
(323) 835-5169
1 in this area
40 Total Sales
491 E 51st St Long Beach, CA 90805
Addams NeighborhoodEstimated Value: $970,000 - $1,122,455
5
Beds
3
Baths
2,288
Sq Ft
$464/Sq Ft
Est. Value
Highlights
- Park
- Central Heating and Cooling System
- 1-Story Property
- Laundry Room
About This Home
As of November 2024Welcome to this beautifully remodeled duplex featuring a bonus studio! This property offers a perfect blend of luxury and functionality, making it an ideal investment or a multi-generational living solution. Front Unit:
4 Bedrooms, 2 Bathrooms: Spacious and well-lit rooms designed for comfort.
Giant Primary Suite: A large primary bedroom with ample closet space.
Resort-Style Restroom: Luxurious bathroom with high-end finishes and fixtures.
Versatile Basement: Can be used as an office or a game room, providing additional living space and flexibility. Back Unit:
1 Bedroom, 1 Bathroom: Thoughtfully designed with beautiful finishes and modern amenities.
Stylish Interiors: High-quality materials and contemporary design elements throughout. Bonus Studio:
Additional space for guests, a home office, or a creative studio. Additional Features:
Fully Remodeled: Everything is brand new, including electrical, plumbing, and roofing.
Modern Amenities: Upgraded kitchens with stainless steel appliances, quartz countertops, and custom cabinetry.
Outdoor Space: Private yards and patios for each unit, perfect for relaxing or entertaining.
Prime Location: Close to schools, parks, shopping, and public transportation.
Last Agent to Sell the Property
Circle Real Estate Brokerage Phone: 323-835-5169 License #02117084 Listed on: 07/29/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 4,557 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 2,288 Sq Ft Home
- 1-Story Property
- Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Parking
- Parking Available
- Driveway
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 1632
- Tax Tract Number 5134
- Assessor Parcel Number 7130011018
- $507 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 2 Units
Recreation
- Park
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 29, 2024
Closed on
Oct 30, 2024
Sold by
Mlp Management Inc
Bought by
Hicks Desmond
Seller's Agent
Robert Acevedo
Circle Real Estate
Buyer's Agent
DJ Swanson
The Cisnes Agency
List Price
$1,060,000
Sold Price
$1,085,000
Premium/Discount to List
$25,000
2.36%
Views
72
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,136
Avg. Annual Appreciation
-2.08%
Original Mortgage
$1,085,000
Outstanding Balance
$1,071,972
Interest Rate
6.12%
Mortgage Type
VA
Estimated Equity
-$11,108
Purchase Details
Closed on
Feb 29, 2024
Sold by
Journey Investments Inc
Bought by
Mlp Management Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
6.63%
Mortgage Type
Construction
Purchase Details
Closed on
Dec 19, 2023
Sold by
Ken Allen Lamphear and Ken Vivian Shaw
Bought by
Journey Investments Inc
Purchase Details
Closed on
Sep 23, 2011
Sold by
Frankenfield Virginia S and The Frankenfield Living Trust
Bought by
Shaw Lamphear Ken Allen and Shaw Lamphear Vivian
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hicks Desmond | $1,085,000 | Pacific Coast Title | |
| Hicks Desmond | $1,085,000 | Pacific Coast Title | |
| Mlp Management Inc | $645,000 | Old Republic Title Company | |
| Journey Investments Inc | $617,000 | Old Republic Title | |
| Shaw Lamphear Ken Allen | $530,000 | Pacific Coast Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hicks Desmond | $1,085,000 | |
| Closed | Hicks Desmond | $1,085,000 | |
| Previous Owner | Mlp Management Inc | $620,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/19/2024 11/19/24 | Sold | $1,085,000 | 0.0% | $474 / Sq Ft |
| 10/21/2024 10/21/24 | Pending | -- | -- | -- |
| 10/21/2024 10/21/24 | Price Changed | $1,085,000 | +2.4% | $474 / Sq Ft |
| 10/03/2024 10/03/24 | For Sale | $1,060,000 | 0.0% | $463 / Sq Ft |
| 09/30/2024 09/30/24 | Pending | -- | -- | -- |
| 09/24/2024 09/24/24 | Price Changed | $1,060,000 | -2.8% | $463 / Sq Ft |
| 08/28/2024 08/28/24 | Price Changed | $1,090,000 | 0.0% | $476 / Sq Ft |
| 08/28/2024 08/28/24 | For Sale | $1,090,000 | +0.5% | $476 / Sq Ft |
| 08/14/2024 08/14/24 | Pending | -- | -- | -- |
| 08/12/2024 08/12/24 | Off Market | $1,085,000 | -- | -- |
| 07/29/2024 07/29/24 | For Sale | $999,999 | -- | $437 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $3,954 | $1,085,000 | $385,000 | $700,000 |
| 2024 | $3,954 | $277,058 | $141,608 | $135,450 |
| 2023 | $3,887 | $271,627 | $138,832 | $132,795 |
| 2022 | $3,660 | $266,302 | $136,110 | $130,192 |
| 2021 | $3,575 | $261,082 | $133,442 | $127,640 |
| 2020 | $3,565 | $258,406 | $132,074 | $126,332 |
| 2019 | $3,525 | $253,340 | $129,485 | $123,855 |
| 2018 | $3,373 | $248,374 | $126,947 | $121,427 |
| 2016 | $3,093 | $238,731 | $122,018 | $116,713 |
| 2015 | $2,975 | $235,146 | $120,186 | $114,960 |
| 2014 | $2,964 | $230,541 | $117,832 | $112,709 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Acevedo
-
DJ Swanson
D
Buyer's Agent in 2024
DJ Swanson
The Cisnes Agency
(909) 215-4528
1 in this area
14 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW24155712
APN: 7130-011-018
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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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