NOT LISTED FOR SALE

5020 Pacific Ave Long Beach, CA 90805

Sutter Neighborhood

Estimated Value: $674,000 - $759,575

4 Beds
3 Baths
1,265 Sq Ft
$554/Sq Ft Est. Value

Sale Details

Date Sold: November 24, 2020

Last sale price $440,000 $348 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,367 / mo

97 Days on Market

Highlights

  • Two Primary Bedrooms
  • No HOA
  • Bathtub with Shower
  • Granite Countertops
  • Eat-In Kitchen
  • 4-minute walk to C David Molina Park

About This Home

As of November 2020

Calling all Investors !! Great investment opportunity! A quaint 4-bedroom (dual masters), 3-bathroom home with a detached 2-car garage that has a lot of potential. Kitchen features upgraded granite countertops, two of the bathrooms are updated. Home has many upgrades throughout the home.

Last Agent to Sell the Property

Ricardo Franco

First Team Real Estate License #01822659 Listed on: 07/30/2020

First Team Real Estate

Co-Listed By

Michael Kula

First Team Real Estate License #02090780

Last Buyer's Agent

Jorge Almaguer

J.R.A. & Associates Realty License #01292310

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1943

Lot Details

  • 6,772 Sq Ft Lot
  • Wood Fence
  • Back and Front Yard
  • Property is zoned LBR1N

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Driveway

Home Design

  • Raised Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,265 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Double Master Bedroom
  • Upgraded Bathroom
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Home Security

  • Window Bars
  • Fire and Smoke Detector

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • Open Patio
  • Exterior Lighting

Schools

  • Jordan High School

Utilities

  • Wall Furnace

Community Details

  • No Home Owners Association
  • North Long Beach Subdivision

Listing and Financial Details

  • Legal Lot and Block 10 / 4
  • Tax Tract Number 6522
  • Assessor Parcel Number 7132027019

Home Details

Home Type

Single Family

Year Built

Built in 1943

Lot Details

6,772 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Ad Number: Michael
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Smoke Detector(s), Window Bars
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Zoning: LBR1N
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7132027019
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1265.00 Square Feet
  • Interior Amenities: Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Accessibility Features: 2+ Access Exits, Parking
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: In Kitchen
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 347.83
  • Room Type: All Bedrooms Down, Two Masters
  • Bathroom Features: Shower, Shower In Tub, Upgraded
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Roof: Asphalt, Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Garage Faces Front, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Microwave
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: Jordan
  • High School2: JORDAN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 6772.00
  • Lot Size Acres: 0.1555

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6772.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 5717.01
  • Tax Lot: 10
  • Tax Tract Number: 6522

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Nov 20, 2020
Sold by
Merchant Fatima
Bought by
Abbas Hasan
Seller's Agent
Ricardo Franco
First Team Real Estate
Buyer's Agent
Jorge Almaguer
J.R.A. & Associates Realty
List Price
$475,000
Sold Price
$440,000
Premium/Discount to List
-$35,000
-7.37%
Current Estimated Value
$701,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,394
Avg. Annual Appreciation
8.95%

Purchase Details

Listed on
Jul 30, 2020
Closed on
Nov 18, 2020
Sold by
Zahed Masooma Z
Bought by
Farishta Saqlain R
Seller's Agent
Ricardo Franco
First Team Real Estate
Buyer's Agent
Jorge Almaguer
J.R.A. & Associates Realty
List Price
$475,000
Sold Price
$440,000
Premium/Discount to List
-$35,000
-7.37%

Purchase Details

Listed on
Jul 30, 2020
Closed on
Nov 16, 2020
Sold by
Herrera Armindo A and The Armindo Herrera Family Tru
Bought by
Abbas Hasan and Farishta Saqlain R
Seller's Agent
Ricardo Franco
First Team Real Estate
Buyer's Agent
Jorge Almaguer
J.R.A. & Associates Realty
List Price
$475,000
Sold Price
$440,000
Premium/Discount to List
-$35,000
-7.37%

Purchase Details

Closed on
Jan 22, 2009
Sold by
Sfregola Michael F and Craig Constance N
Bought by
Herrera Armindo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Interest Rate
4.91%
Mortgage Type
FHA
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
Abbas Hasan -- Western Resources Title Co
Farishta Saqlain R -- Western Resources Title
Abbas Hasan $440,000 Western Resources Title
Herrera Armindo A $165,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herrera Armindo A $162,011
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2020 11/24/20 Sold $440,000 -7.4% $348 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
11/04/2020 11/04/20 Price Changed $475,000 0.0% $375 / Sq Ft
11/04/2020 11/04/20 For Sale $475,000 +8.0% $375 / Sq Ft
08/08/2020 08/08/20 Off Market $440,000 -- --
07/30/2020 07/30/20 For Sale $550,000 -- $435 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,786 $606,159 $484,928 $121,231
2024 $7,786 $594,274 $475,420 $118,854
2023 $7,656 $582,623 $466,099 $116,524
2022 $7,188 $571,200 $456,960 $114,240
2021 $5,618 $440,000 $300,000 $140,000
2020 $3,650 $279,722 $155,423 $124,299
2019 $3,607 $274,238 $152,376 $121,862
2018 $3,451 $268,862 $149,389 $119,473
2016 $2,632 $213,032 $143,589 $69,443
2015 $2,528 $209,833 $141,433 $68,400
2014 $2,504 $173,326 $138,663 $34,663
Source: Public Records

Agents Affiliated with this Home

  • Ricardo Franco

    Seller's Agent in 2020

    Ricardo Franco

    First Team Real Estate

    (714) 280-2997

    46 Total Sales

    Ricardo Franco
    Section Image

  • M

    Seller Co-Listing Agent in 2020

    Michael Kula

    First Team Real Estate

    Section Image

  • J

    Buyer's Agent in 2020

    Jorge Almaguer

    J.R.A. & Associates Realty

    (562) 693-2200

    33 Total Sales

    Jorge Almaguer
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20151743

California Regional Multiple Listing Service (CRMLS)

APN: 7132-027-019

California Los Angeles County Long Beach 90805 Sutter

5020 Pacific Ave, Long Beach, CA

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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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