NOT LISTED FOR SALE

Estimated Value: $916,000 - $997,000

3 Beds
1 Bath
1,148 Sq Ft
$844/Sq Ft Est. Value

Last Sold November 04, 2021

Last sale price $790,000 $688 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,164/month

Highlights

  • Main Floor Bedroom
  • Corner Lot
  • Neighborhood Views
  • Marshall Academy of the Arts Rated A-
  • No HOA
  • Laundry Room

About This Home

As of November 2021

This home is located at 5116 E Monlaco Rd, Long Beach, CA 90808 since 30 September 2021 and is currently estimated at $969,308, approximately $844 per square foot. This property was built in 1947. 5116 E Monlaco Rd is a home located in Los Angeles County with nearby schools including Marshall Academy of the Arts, Carver Elementary School, and Millikan High School.

Last Agent to Sell the Property

David Ness

United American Mtg Corp License #01225095 Listed on: 09/30/2021

Last Buyer's Agent

David Ness

United American Mtg Corp License #01225095 Listed on: 09/30/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,594

Year Built

  • Built in 1947

Lot Details

  • 7,156 Sq Ft Lot
  • Corner Lot
  • Back and Front Yard
  • Property is zoned LBR1N

Parking

  • 2 Car Garage

Interior Spaces

  • 1,148 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Community Details

  • No Home Owners Association
  • South Of Conant Northwest Subdivision

Listing and Financial Details

  • Tax Lot 38
  • Tax Tract Number 132
  • Assessor Parcel Number 7188027019
  • $357 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,594

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: South of Conant Northwest (SNW)
  • View: Yes
  • Zoning: LBR1N
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7188027019
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1148.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 688.15
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard
  • Lot Size Sq Ft: 7156.00
  • Lot Size Acres: 0.1643

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7156.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5736.01
  • Tax Lot: 38
  • Tax Tract Number: 132
  • TaxOtherAnnualAssessmentAmount: 357.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Oct 8, 2021
Sold by
Wertz Donald Gabisan
Bought by
Lopez Jay E and Mckinney Emily N
Seller's Agent
David Ness
United American Mtg Corp
Buyer's Agent
David Ness
United American Mtg Corp
List Price
$790,000
Sold Price
$790,000
Current Estimated Value
$969,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,308
Avg. Annual Appreciation
5.56%
Original Mortgage
$618,250
Outstanding Balance
$566,855
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$402,453

Purchase Details

Listed on
Jan 29, 2017
Closed on
Mar 3, 2017
Sold by
Smith Dennis J
Bought by
Wertz Donald Gabisan
Seller's Agent
Arthur DeBolt
Secured Realty & Investments
Buyer's Agent
Patrick Delaney
Berkshire Hathaway Hm Ser
List Price
$585,000
Sold Price
$560,000
Premium/Discount to List
-$25,000
-4.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%
Original Mortgage
$532,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2009
Sold by
Smith Dennis J and Smith Jack R
Bought by
Smith Dennis J
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
Lopez Jay E $790,000 North American Title
Wertz Donald Gabisan $560,000 Fidelity National Title
Wertz Donald Gabisan -- Fidelity National Title
Smith Dennis J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Jay E $60,000
Open Lopez Jay E $618,250
Previous Owner Wertz Donald Gabisan $514,900
Previous Owner Wertz Donald Gabisan $532,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2021 11/04/21 Sold $790,000 0.0% $688 / Sq Ft
09/30/2021 09/30/21 For Sale $790,000 +41.1% $688 / Sq Ft
04/10/2017 04/10/17 Sold $560,000 -1.8% $488 / Sq Ft
03/03/2017 03/03/17 Pending -- -- --
02/28/2017 02/28/17 Price Changed $570,000 -2.6% $497 / Sq Ft
01/29/2017 01/29/17 For Sale $585,000 -- $510 / 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 $10,594 $838,352 $670,682 $167,670
2024 $10,594 $821,915 $657,532 $164,383
2023 $10,418 $805,800 $644,640 $161,160
2022 $9,771 $790,000 $632,000 $158,000
2021 $7,511 $600,430 $480,345 $120,085
2019 $7,403 $582,623 $466,099 $116,524
2018 $7,191 $571,200 $456,960 $114,240
2016 $1,108 $72,639 $40,359 $32,280
2015 $1,070 $71,549 $39,753 $31,796
2014 $1,072 $70,149 $38,975 $31,174
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21217805

California Regional Multiple Listing Service (CRMLS)

APN: 7188-027-019