NOT LISTED FOR SALE

541 Margo Ave Long Beach, CA 90803

University Park Estates Neighborhood

Estimated Value: $1,405,000 - $1,532,000

4 Beds
4 Baths
2,301 Sq Ft
$641/Sq Ft Est. Value

Last Sold October 28, 2015

Last sale price $840,000 $365 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $8,749/month

27 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Cathedral Ceiling
  • Kettering Elementary School Rated A
  • Traditional Architecture
  • Wood Flooring

About This Home

As of October 2015

Welcome to this highly desired neighborhood of University Park Estates. This popular Tri-Level floor plan with a pool awaits you, just in time for summer! As you enter, notice the high ceilings in the living room, continue to the enclosed patio with backyard views, perfect for indoor & outdoor entertaining. The backyard features a pool, raised redwood deck and changing area with 1/2 bath and shower. The extra wide side yard provides room for a garden, play area or extra storage, so many options! All bedrooms with beautiful hardwood floors are upstairs including a master w/ master bath. The lower level family room is filled with natural light. Laundry room, half bath and storage room are conveniently located here too. The lot is larger than most in University Park Estates, possible recreational vehicle parking in the front or side of the property. University Park Estates is conveniently located near CSULB, schools, golf courses, shops, restaurants and minutes away from the beach.

Last Agent to Sell the Property

Brigitte Bigham

Think Boutiq Real Estate License #01123170 Listed on: 06/11/2015

Last Buyer's Agent

Brigitte Bigham

Think Boutiq Real Estate License #01123170 Listed on: 06/11/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 7,723

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Split Level Home
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,301 Sq Ft Home
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Outdoor Features

  • In Ground Pool
  • Deck
  • Enclosed Patio or Porch

Additional Features

  • 7,723 Sq Ft Lot
  • Suburban Location
  • Sewer Paid

Community Details

  • No Home Owners Association
  • Built by S & S

Listing and Financial Details

  • Tax Lot 203
  • Tax Tract Number 22087
  • Assessor Parcel Number 7237015035

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: College Park Estates (CPS)
  • View: No
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7237015035
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2301.00
  • Interior Amenities: Cathedral Ceiling(s)
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Family Room, Living Room
  • Levels: Multi/Split
  • Price Per Square Foot: 365.06
  • Room Type: All Bedrooms Up, Separate Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Builder Name: S & S
  • Patio And Porch Features: Concrete, Deck, Enclosed
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Tile
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Double Oven, Dishwasher
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Size Sq Ft: 7723.00
  • Price Per Lot Square Foot: 108.77
  • Lot Size Acres: 0.1770

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7723.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 203
  • Tax Tract Number: 22087

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2021
Sold by
Christian And Christine Lee Living Trust and Lee Christian
Bought by
Lee Christian and Lee Christine
Current Estimated Value
$1,475,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$651,268
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$824,488

Purchase Details

Closed on
Oct 25, 2019
Sold by
Lee Christian and Lee Christine
Bought by
Lee Christian and Lee Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$613,400
Interest Rate
3.75%

Purchase Details

Closed on
May 14, 2019
Sold by
Lee Christian and Lee Christine
Bought by
Christian And Christine Lee Living Trust

Purchase Details

Listed on
Jun 11, 2015
Closed on
Oct 20, 2015
Sold by
Martinez Marion J
Bought by
Lee Christian Olaf and Lee Christine Thomson
Seller's Agent
Brigitte Bigham
Think Boutiq Real Estate
Buyer's Agent
Brigitte Bigham
Think Boutiq Real Estate
List Price
$850,000
Sold Price
$840,000
Premium/Discount to List
-$10,000
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%
Original Mortgage
$636,446
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 12, 2002
Sold by
Martinez Marion J
Bought by
Martinez Marion J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,500
Interest Rate
6.03%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee Christian -- None Listed On Document
Lee Christian -- Amrock Inc
Lee Christian O -- Amrock Inc
Christian And Christine Lee Living Trust -- None Available
Lee Christian Olaf $840,000 Ticor Title Company
Martinez Marion J -- Gateway Title Company
Martinez Marion J -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Christian $720,000
Previous Owner Lee Christian O $613,400
Previous Owner Lee Christian Olaf $636,446
Previous Owner Martinez Marion J $183,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2015 10/28/15 Sold $840,000 -1.2% $365 / Sq Ft
07/08/2015 07/08/15 Pending -- -- --
06/11/2015 06/11/15 For Sale $850,000 -- $369 / 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 $13,297 $1,008,117 $774,909 $233,208
2024 $12,757 $988,351 $759,715 $228,636
2023 $12,547 $968,972 $744,819 $224,153
2022 $11,774 $949,973 $730,215 $219,758
2021 $11,394 $918,658 $715,898 $202,760
2019 $11,231 $891,412 $694,665 $196,747
2018 $10,830 $873,935 $681,045 $192,890
2016 $9,968 $840,000 $654,600 $185,400
2015 $5,524 $469,812 $258,795 $211,017
2014 $5,484 $460,610 $253,726 $206,884
Source: Public Records

Agents Affiliated with this Home

  • Brigitte Bigham

    Seller's Agent in 2015

    Brigitte Bigham

    Think Boutiq Real Estate

    (562) 857-5232

    8 in this area

    22 Total Sales

    Brigitte Bigham
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15126061

California Regional Multiple Listing Service (CRMLS)

APN: 7237-015-035

California Los Angeles County Long Beach 90803 University Park Estates

541 Margo Ave, Long Beach, CA

Not Listed for Sale

Detached

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