NOT LISTED FOR SALE

Estimated Value: $1,018,952 - $1,134,000

4 Beds
2.5 Baths
2,237 Sq Ft
$483/Sq Ft Est. Value

Last Sold August 19, 2012

Last sale price $445,000 $199 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $6,489/month

140 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • 2 Car Attached Garage
  • Holmes Elementary School Rated A-
  • Den
  • Tile Countertops

About This Home

As of August 2012

PRICE REDUCTION!! Great 4 bedroom 2-1/2 bath home in Cherry Cove; The Nantucket model. Great for entertainment. Exciting floor plan - as you enter through double doors you'll see the floating staircase; to the right the den, to the left a large family room with sliding glass doors that lead to the side yard. The lower story is completed by a living and dinning complex that extends the entire width of the home, and a convenient kitchen with tile counters and luminous ceiling, and a 1/2 bathroom. The upper story contains the master suite with complete dressing room and private bath. Three other bedrooms and a third bath. Other custom details include brick fireplace in living room, large closets and access to the house from the garage, tile counters on bathrooms, front courtyard. Hardwood floors on the living room, dining room and bedrooms. Home is in need a new carpet. Close to Lakewood Mall and Candlewood Restaurant Row. Walk to Cherry Cove Park.

Last Agent to Sell the Property

Alex Mendoza

Realty One Group West License #01424673 Listed on: 02/13/2012

Last Buyer's Agent

Som-Usa O'Connell

Century 21 On Target License #01905653

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,248

Year Built

  • Built in 1971

Lot Details

  • 4,705 Sq Ft Lot
  • Lot Dimensions are 50x94

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,237 Sq Ft Home
  • Fireplace Features Masonry
  • Living Room
  • Den
  • Tile Countertops
  • Laundry in Garage

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Community Details

  • Property has a Home Owners Association
  • Association Phone (562) 631-6819
  • The Nantucket

Listing and Financial Details

  • Tax Lot 0.11
  • Tax Tract Number 29995
  • Assessor Parcel Number 7157016009

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,248

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 562-631-6819
  • Property Attached: No
  • Subdivision Name Other: Lakewood Mutuals
  • View: No
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7157016009
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2237.00
  • Interior Amenities: Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Levels: Two
  • Price Per Square Foot: 198.93
  • Room Type: Den, Living Room

Exterior Features

  • Patio: No
  • Fence: No
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 1.00
  • Phone: 562-631-6819
  • Senior Community: No

Schools

  • School District: Long Beach Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size: 50x94
  • Lot Size Sq Ft: 4705.00
  • Lot Size Acres: 0.1080

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4705.0000 Square Feet

Tax Info

  • Tax Lot: 0.11
  • Tax Tract Number: 29995

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2012
Closed on
Jul 9, 2012
Sold by
Muhammad Jason M and Muhammad Lawanda V
Bought by
Bouassi Elias S and Deltgen Ardelle D
Seller's Agent
Alex Mendoza
Realty One Group West
Buyer's Agent
Som-Usa O'Connell
Century 21 On Target
List Price
$472,000
Sold Price
$445,000
Premium/Discount to List
-$27,000
-5.72%
Current Estimated Value
$1,079,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$634,988
Avg. Annual Appreciation
7.06%
Original Mortgage
$250,000
Outstanding Balance
$173,397
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$906,591

Purchase Details

Closed on
Dec 11, 2006
Sold by
Muhammad Jason M and Muhammad Lawanda V
Bought by
Muhammad Jason M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2006
Sold by
Muhammad Jason M and Muhammad Lawanda V
Bought by
Muhammad Jason M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
6.27%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 23, 2005
Sold by
Muhammad Lawanda V
Bought by
Muhammad Jason M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
6.27%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 2, 2004
Sold by
Lingo Dale R and Lingo Karen F
Bought by
Muhammad Lawanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Bouassi Elias S $445,000 Western Resources Title
Muhammad Jason M -- Commerce
Muhammad Jason M -- None Available
Muhammad Jason M -- Fidelity National Title Comp
Muhammad Lawanda $550,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bouassi Elias S $250,000
Previous Owner Muhammad Jason M $568,000
Previous Owner Muhammad Lawanda $475,000
Previous Owner Muhammad Lawanda $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2012 08/19/12 Sold $445,000 +2.3% $199 / Sq Ft
07/02/2012 07/02/12 Pending -- -- --
05/09/2012 05/09/12 Price Changed $435,000 -7.8% $194 / Sq Ft
02/13/2012 02/13/12 For Sale $472,000 -- $211 / 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 $7,248 $547,972 $337,035 $210,937
2024 $7,248 $537,228 $330,427 $206,801
2023 $7,128 $526,696 $323,949 $202,747
2022 $6,700 $516,370 $317,598 $198,772
2021 $6,562 $506,246 $311,371 $194,875
2019 $6,465 $491,233 $302,137 $189,096
2018 $6,238 $481,602 $296,213 $185,389
2016 $5,731 $462,902 $284,711 $178,191
2015 $5,507 $455,950 $280,435 $175,515
2014 $5,466 $447,019 $274,942 $172,077
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P812065

California Regional Multiple Listing Service (CRMLS)

APN: 7157-016-009