NOT LISTED FOR SALE

5401 E El Cedral St Long Beach, CA 90815

Park Estates Neighborhood

Estimated Value: $2,350,000 - $3,968,648

3 Beds
3 Baths
2,564 Sq Ft
$1,272/Sq Ft Est. Value

Last Sold August 14, 2015

Last sale price $1,360,000 $530 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $19,880/month

21 Days on Market

Highlights

  • Heated In Ground Pool
  • View of Trees or Woods
  • Wood Flooring
  • Minnie Gant Elementary School Rated A
  • Living Room with Fireplace
  • Great Room

About This Home

As of August 2015

Dr. L.L. Cowley selected this sylvan grove of sycamores on about a third of an acre. From the exterior, the house retains the architectural elements that are a trademark of Kenneth S. Wing's beach aesthetic: Board and batten siding, a front entrance that consists of a breezeway and courtyard built on descending levels, a highly articulated roof line, and mullioned and bay windows leading to the front entry. The Interior's long expanses of glass, the brick fireplace and caraefully scaled rooms overlooking the swimming pool were all done in a style that Killingsworth would become known for. With a formal dining room area, en suite master bedroom ,two additional bedrooms and baths, this house is a beautiful piece of LB architectural heritage

Last Agent to Sell the Property

Gordon Newsom

Crosby Doe Associates, Inc. License #01052926 Listed on: 06/09/2015

Last Buyer's Agent

Pablo Martinez

Equity Smart Real Estate Services License #01906808

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 0.39 Acre Lot
  • Property is zoned LBR1N

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 2,564 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Views of Woods

Kitchen

  • Double Oven
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Side by Side Parking

Outdoor Features

  • Heated In Ground Pool
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Property is located within a water district
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 7240-002-008

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Advertising Remarks: Dr. L.L. Cowley selected this sylvan grove of sycamores on about a third of an acre. From the exterior, the house retains the architectural elements that are a trademark of Kenneth S. Wing's beach aesthetic: Board and batten siding, a front entrance that consists of a breezeway and courtyard built on descending levels, a highly articulated roof line, and mullioned and bay windows leading to the front entry. The Interior's long expanses of glass, the brick fireplace and caraefully scaled rooms overlooking the swimming pool were all done in a style that Killingsworth would become known for. With a formal dining room area, en suite master bedroom ,two additional bedrooms and baths, this house is a beautiful piece of LB architectural heritage
  • Entry Location: Foyer
  • Living Area: 2564
  • Stories: 1
  • Year Built: 1954
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Gas and Wood, Living Room
  • Flooring: Carpet, Linoleum, Wood
  • Appliances: Built-In Gas, Double Oven, Gas, Range Hood
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area
  • Laundry: In Kitchen
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 544.00

Exterior Features

  • Construction: Wood Siding
  • Tennis Court Y/N: No
  • Patio: Brick, Covered
  • Pool Description: Heated And Filtered, In Ground
  • Pool: Yes
  • Roof: Shingle, Wood
  • View: Trees/Woods
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Garage - 2 Car, Garage Is Attached, Oversized, Side By Side

Utilities

  • Heating: Central, Forced Air
  • Sewer: In Street
  • Water: District

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 125.00

Lot Info

  • Assessor Parcel Number: 7240-002-008
  • Geocode Override: No
  • Lot Size Area: 16823

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2015
Closed on
Aug 26, 2015
Sold by
Stepanoff Benjamin A
Bought by
Stepanoff Benjamin A and Stepanoff Yvette
Seller's Agent
Gordon Newsom
Crosby Doe Associates, Inc.
Buyer's Agent
Pablo Martinez
Equity Smart Real Estate Services
List Price
$1,395,000
Sold Price
$1,360,000
Premium/Discount to List
-$35,000
-2.51%
Current Estimated Value
$3,261,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,901,912
Avg. Annual Appreciation
8.78%
Original Mortgage
$952,000
Outstanding Balance
$747,208
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$2,514,704

Purchase Details

Listed on
Jun 9, 2015
Closed on
Jul 17, 2015
Sold by
Wise Erich P
Bought by
Stepanoff Benjamin A and Stepanoff Yvette
Seller's Agent
Gordon Newsom
Crosby Doe Associates, Inc.
Buyer's Agent
Pablo Martinez
Equity Smart Real Estate Services
List Price
$1,395,000
Sold Price
$1,360,000
Premium/Discount to List
-$35,000
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$952,000
Outstanding Balance
$747,208
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$2,514,704

Purchase Details

Closed on
Jun 29, 1999
Sold by
Wise George E Co Tr
Bought by
Wise Erich P and George E & Patricia E Wise 1992 Living T
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
Stepanoff Benjamin A -- None Available
Stepanoff Benjamin A $1,360,000 Lawyers Title Company
Wise Erich P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stepanoff Benjamin A $952,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2015 08/14/15 Sold $1,360,000 -2.5% $530 / Sq Ft
06/09/2015 06/09/15 For Sale $1,395,000 -- $544 / Sq Ft
Source: The MLS

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 $35,788 $2,877,577 $1,538,934 $1,338,643
2024 $35,788 $2,821,155 $1,508,759 $1,312,396
2023 $35,205 $2,765,839 $1,479,176 $1,286,663
2022 $33,015 $2,711,608 $1,450,173 $1,261,435
2021 $32,382 $2,658,440 $1,421,739 $1,236,701
2019 $25,175 $2,037,902 $1,379,570 $658,332
2018 $24,533 $1,997,944 $1,352,520 $645,424
2016 $16,090 $1,360,000 $1,088,000 $272,000
2015 $2,818 $218,358 $72,601 $145,757
2014 $2,810 $214,081 $71,179 $142,902
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    Gordon Newsom

    Crosby Doe Associates, Inc.

    (310) 275-2222

    Gordon Newsom
    Section Image
  • Pablo Martinez

    Buyer's Agent in 2015

    Pablo Martinez

    Equity Smart Real Estate Services

    (626) 864-8774

    14 Total Sales

    Pablo Martinez
    Section Image
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Map

Source: The MLS

MLS Number: 15-913201

The MLS

APN: 7240-002-008

California Los Angeles County Long Beach 90815 Park Estates

5401 E El Cedral St, Long Beach, CA

Not Listed for Sale

Detached

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