$1,490,000
SOLD APR 7, 2020
2 Beds
3 Baths
3,222 Sq Ft
0.39 Acres

Recently Sold

$462 Per Sq Ft

14% Below List Price

34 Days on Market

Highlights

  • In Ground Pool
  • Contemporary Architecture
  • Stone Flooring
  • Minnie Gant Elementary School Rated A
  • Laundry Room
  • 4-minute walk to Bouton Creek Park

About This Home

As of May 2021

Drastic price reduction!!! Close to $200,000 under appraisal. Take advantage of this rare opportunity to build your dream home in Park Estates. This unique property features 17,107 SQFT Lot. Original owner built home in 1954. There was an addition in 1987 and 1992. Additionally, according to the attorney and executor, the buyer may be able to divide the lot into two lots, pursuant to City regulations and HOA rules. Buyer`s agent to verify all information! This is a trust sale and sold in present condition.

Last Agent to Sell the Property

Patricia Higgins

Beach Equities License #00679028 Listed on: 02/03/2020

Last Buyer's Agent

Zach Marsh

Cart Group., Inc. License #02036985

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,065

Year Built

  • Built in 1954

Lot Details

  • 0.39 Acre Lot
  • Property is zoned LBR1N

HOA Fees

  • $21 Monthly HOA Fees

Parking

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

Home Design

  • Contemporary Architecture
  • Additions or Alterations
  • Major Repairs Completed
  • Slab Foundation
  • Stucco

Interior Spaces

  • 3,222 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Alarm System
  • Laundry Room

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 3 Full Bathrooms

Pool

  • In Ground Pool
  • Fence Around Pool

Schools

  • Minnie Gant Elementary School
  • Rogers Middle School
  • Wilson High School

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • Park Estate HOA, Phone Number (562) 498-3383
  • Park Estates HOA

Listing and Financial Details

  • Tax Lot 29
  • Tax Tract Number 14674
  • Assessor Parcel Number 7240001011

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,065

Year Built

Built in 1954

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Wired for Alarm System
  • Subdivision Name Other: Park Estates (PE)
  • View: No
  • Zoning: LBR1N
  • Architectural Style: Contemporary
  • Property Condition: Additions/Alterations, Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7240001011
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3222.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 462.45
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Pool Features: Private, Fenced, In Ground
  • Pool Private: Yes
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 250.00
  • Association Fee Frequency: Annually
  • Association Name: Park Estate HOA
  • Phone: 562-498-3383
  • Senior Community: No
  • Community Features: Curbs
  • Association Management: Park Estates HOA

Schools

  • School District: Long Beach Unified
  • Elementary School: Minnie Gant
  • Middle School: Rogers
  • High School: Wilson
  • Elementary School: Minnie Gant
  • High School: Wilson
  • Middle Or Junior School: Rogers
  • Elementary School #2: MINGAN
  • High School2: WILSON

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 17107.00
  • Lot Size Acres: 0.3927
  • Latitude Manual: 33.78767600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 17107.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5748.00
  • Tax Lot: 29
  • Tax Tract Number: 14674

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2022
Sold by
Cornejo Alberto and Cornejo Julia
Bought by
Cornejo-Tapia Family Trust
Total Days on Market
34
Current Estimated Value
$2,161,185

Purchase Details

Closed on
Mar 7, 2021
Sold by
Sanchez Joshua N
Bought by
Cornejo Alberto and Tapia Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 3, 2020
Closed on
Mar 11, 2020
Sold by
Howard George R and Nancy E Primeaux Living Trust
Bought by
Sanchez Roshua N and The Zoom Trust
Seller's Agent
Patricia Higgins
Beach Equities
Buyer's Agent
Zach Marsh
Cart Group., Inc.
List Price
$1,725,000
Sold Price
$1,490,000
Premium/Discount to List
-$235,000
-13.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%
Original Mortgage
$1,192,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2012
Sold by
Primeaux Nancy E
Bought by
Primeaux Nancy E and The Nancy E Primeaux Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
3.2%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Grant Deed $1,630,000 Stewart Title Of Ca Inc
Grant Deed $1,490,000 Stewart Title Of Ca Inc
Interfamily Deed Transfer -- Placer Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $350,000 Credit Line Revolving
Previous Owner $1,000,000 New Conventional
Previous Owner $1,192,000 New Conventional
Previous Owner $2,325,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $938,250 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $250,000 Credit Line Revolving
Previous Owner $250,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $1,630,000 +2.2% $575 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $1,595,000 +7.0% $562 / Sq Ft
04/07/2020 04/07/20 Sold $1,490,000 -3.8% $462 / Sq Ft
03/08/2020 03/08/20 Pending -- -- --
02/28/2020 02/28/20 Price Changed $1,549,000 -10.2% $481 / Sq Ft
02/03/2020 02/03/20 For Sale $1,725,000 -- $535 / 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
2024 $22,065 $1,729,767 $1,383,814 $345,953
2023 $21,704 $1,695,851 $1,356,681 $339,170
2022 $20,360 $1,662,600 $1,330,080 $332,520
2021 $18,574 $1,505,436 $1,204,349 $301,087
2020 $4,569 $334,446 $119,014 $215,432
2019 $4,517 $327,889 $116,681 $211,208
2018 $4,225 $321,461 $114,394 $207,067
2016 $3,868 $308,979 $109,952 $199,027
2015 $3,718 $304,339 $108,301 $196,038
2014 $3,700 $298,378 $106,180 $192,198
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20023663

California Regional Multiple Listing Service (CRMLS)

APN: 7240-001-011