Seller's Agent in 2023
Natasha Schultheis
Coldwell Banker Realty
(562) 438-0910
3 in this area
47 Total Sales
521 Olive Ave Long Beach, CA 90802
East Village NeighborhoodEstimated Value: $759,955 - $932,000
2
Beds
3
Baths
1,175
Sq Ft
$694/Sq Ft
Est. Value
Highlights
- 0.05 Acre Lot
- Craftsman Architecture
- No HOA
- Long Beach Polytechnic High School Rated A
- Wood Flooring
- Coffered Ceiling
About This Home
As of December 2023Charming Duplex in the East Arts Village neighborhood. Front house is a 2 bedroom, 2 bath with loads of original charm plus modern day amenities. Original hardwood floors and coffered ceilings. House has all new fixtures, fresh paint, new carpet in bedroom with updated baths and kitchen (plus inside laundry). Large studio is in the back. Studio has also been updated and is really cute! Driveway parking for front house. Great location.. close to the Pacific Ocean and a short distance to the fourt street cooridor.
Last Agent to Sell the Property
Coldwell Banker Realty License #01277420 Listed on: 07/17/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1912
Lot Details
- 2,223 Sq Ft Lot
- 1 Common Wall
- Wrought Iron Fence
- Front Yard
Home Design
- Duplex
- Craftsman Architecture
- Entry on the 1st floor
Interior Spaces
- 1,175 Sq Ft Home
- 1-Story Property
- Coffered Ceiling
- Ceiling Fan
- Wood Flooring
Kitchen
- Gas Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Parking
- Parking Available
- Driveway
Utilities
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, grounds care, sewer, trash collection
- Legal Lot and Block 28 / 50
- Assessor Parcel Number 7281003020
- $368 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
- Downtown Subdivision
Building Details
- 1 Leased Unit
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,200
- Water Sewer Expense $120
- Operating Expense $1,320
- Gross Income $33,000
- Net Operating Income $28,860
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2023
Closed on
Nov 16, 2023
Sold by
Carney Family Trust
Bought by
Neiman Alex
Seller's Agent
Natasha Schultheis
Coldwell Banker Realty
Buyer's Agent
Keyanna Rees
Compass
List Price
$849
Sold Price
$770,000
Premium/Discount to List
$769,151
90594.94%
Views
191
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
$45,739
Avg. Annual Appreciation
2.66%
Original Mortgage
$654,500
Outstanding Balance
$642,106
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$173,633
Purchase Details
Closed on
Jun 3, 2022
Sold by
Carney Christopher P and Carney Teresa
Bought by
Carney Family Trust
Purchase Details
Listed on
Feb 12, 2016
Closed on
Mar 8, 2016
Sold by
Long Beach Trading Company Inc
Bought by
Papageorge Thomas and Papageorge Amber Morning
Seller's Agent
Juan Huizar
Sage Real Estate Group, Inc.
Buyer's Agent
Juan Huizar
Sage Real Estate Group, Inc.
List Price
$479,000
Sold Price
$450,000
Premium/Discount to List
-$29,000
-6.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$404,550
Interest Rate
3.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 24, 2013
Sold by
Guesno Lawrence and Guesno Carol
Bought by
Guesno Lawrence E and Guesno Carol
Purchase Details
Closed on
May 21, 2004
Sold by
Shaffer Emily A
Bought by
Guesno Lawrence
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Neiman Alex | $770,000 | Fidelity National Title | |
| Carney Family Trust | -- | Williamson & Gentilini | |
| Carney Christopher P | -- | Williamson & Gentilini | |
| Papageorge Thomas | $450,000 | Old Republic Title | |
| Long Beach Trading Company Inc | -- | Accommodation | |
| Guesno Lawrence E | -- | None Available | |
| Guesno Lawrence | $300,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Neiman Alex | $654,500 | |
| Previous Owner | Papageorge Thomas | $404,550 | |
| Previous Owner | Guesno Lawrence | $294,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/08/2023 12/08/23 | Sold | $770,000 | -0.5% | $655 / Sq Ft | |
| 11/13/2023 11/13/23 | Pending | -- | -- | -- | |
| 10/27/2023 10/27/23 | Price Changed | $774,000 | -1.4% | $659 / Sq Ft | |
| 10/02/2023 10/02/23 | Price Changed | $785,000 | -1.8% | $668 / Sq Ft | |
| 08/23/2023 08/23/23 | Price Changed | $799,500 | -3.1% | $680 / Sq Ft | |
| 08/01/2023 08/01/23 | Price Changed | $824,900 | +97061.4% | $702 / Sq Ft | |
| 07/17/2023 07/17/23 | For Sale | $849 | -99.9% | $1 / Sq Ft | |
| 06/10/2021 06/10/21 | Sold | $705,000 | +0.9% | $600 / Sq Ft | View Prior Sale |
| 05/03/2021 05/03/21 | For Sale | $699,000 | 0.0% | $595 / Sq Ft | |
| 02/18/2021 02/18/21 | Rented | $2,200 | 0.0% | -- | |
| 02/16/2021 02/16/21 | Under Contract | -- | -- | -- | |
| 02/09/2021 02/09/21 | For Rent | $2,200 | 0.0% | -- | |
| 04/12/2016 04/12/16 | Sold | $450,000 | -6.1% | $383 / Sq Ft | View Prior Sale |
| 02/19/2016 02/19/16 | Pending | -- | -- | -- | |
| 02/12/2016 02/12/16 | For Sale | $479,000 | -- | $408 / 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 | $9,941 | $785,400 | $510,000 | $275,400 |
| 2024 | $9,941 | $770,000 | $500,000 | $270,000 |
| 2023 | $9,507 | $733,482 | $478,584 | $254,898 |
| 2022 | $8,919 | $719,100 | $469,200 | $249,900 |
| 2021 | $6,210 | $492,138 | $344,497 | $147,641 |
| 2020 | $6,194 | $487,093 | $340,965 | $146,128 |
| 2019 | $6,122 | $477,543 | $334,280 | $143,263 |
| 2018 | $5,952 | $468,180 | $327,726 | $140,454 |
| 2016 | $4,360 | $353,239 | $276,706 | $76,533 |
| 2015 | $4,186 | $347,934 | $272,550 | $75,384 |
| 2014 | $4,162 | $341,120 | $267,212 | $73,908 |
Source: Public Records
Agents Affiliated with this Home
-
Natasha Schultheis
-
Keyanna Rees
Buyer's Agent in 2023
Keyanna Rees
Compass
(310) 569-8883
62 Total Sales
-
Juan Huizar
Seller's Agent in 2021
Juan Huizar
Sage Real Estate Group, Inc.
(562) 307-0838
3 in this area
98 Total Sales
-
C
Seller's Agent in 2021
Corey Reels
Century 21 Coastal Properties
-
Caleb Baldwin
Seller Co-Listing Agent in 2021
Caleb Baldwin
MJ Financial Services Inc
(562) 572-4978
3 in this area
52 Total Sales
-
Ronald Costa
R
Buyer's Agent in 2021
Ronald Costa
Opendoor Brokerage Inc
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23131267
APN: 7281-003-020
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.
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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