NOT LISTED FOR SALE

5431 E La Pasada St Long Beach, CA 90815

Park Estates Neighborhood

Estimated Value: $1,909,000 - $2,415,000

2 Beds
2.5 Baths
3,000 Sq Ft
$734/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $1,160,312 $387 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $13,005/month

250 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Updated Kitchen
  • Minnie Gant Elementary School Rated A
  • Custom Home
  • Open Floorplan

About This Home

As of October 2014

Completely rebuilt showcase single level Park Estates home w/full interior & exterior remodel approx 4 years ago.Almost everything is new from landscaping, hardscape, salt water pool, spa, sliders & dual paned windows, extensive use of marble & granite, custom cabinets & built-ins, salt water aquarium, gourmet kitchen & designer bathrooms.Open & flexible floor plan that incorporates indoor/outdoor living w/lots of light and several sets of sliders opening up to the serene outdoor setting.Ideal house for entertaining w/gourmet kitchen featuring custom cabinets, center granite island with cook top, marble floors, wine bar, and serving area, all opening to the outside.Backyard is truly an oasis w/ picturesque landscaping and pool with waterfall, a fire pit, new fencing, and a full kitchen under the covered patio. Master suite w/stunning pool views &an attached bath that offers a relaxing spa tub, large separate shower,& a walk-in closet.Additional features include: sound system inside & out, 2 tank less water heaters, forced heating & AC, spacious living room with oversized fireplace, office area, study area, family room/den w/bar that can also be 3rd bedroom or mother-in-law quarters,& attached 2 car garage w/epoxy floors and custom built-in cabinets.

Last Agent to Sell the Property

Mike Trossen

Equity Brokers License #01466702 Listed on: 02/05/2014

Co-Listed By

Ken Trossen

Equity Brokers License #00802751

Last Buyer's Agent

Ben Ahdoot

Coldwell Banker Realty License #00950424

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 8,422 Sq Ft Lot
  • Fenced
  • New Fence
  • Rectangular Lot
  • On-Hand Building Permits

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Custom Home
  • Additions or Alterations
  • Slab Foundation
  • Shake Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 3,000 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Bar
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • Low Emissivity Windows
  • Plantation Shutters
  • Drapes & Rods
  • Window Screens
  • Double Door Entry
  • Sliding Doors
  • Panel Doors
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Utility Room
  • Laundry Room
  • Pool Views

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Self-Cleaning Convection Oven
  • Electric Oven
  • Built-In Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Termite Clearance

Pool

  • In Ground Pool
  • Heated Spa
  • Saltwater Pool
  • Waterfall Pool Feature

Outdoor Features

  • Concrete Porch or Patio
  • Lanai
  • Exterior Lighting
  • Gazebo
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • Built by Park Estates

Listing and Financial Details

  • Tax Lot 52
  • Tax Tract Number 15836
  • Assessor Parcel Number 7240019026

Home Details

Home Type

Single Family

Year Built

Built in 1952 | Remodeled

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Fire and Smoke Detection System, Smoke Detector(s), Security System
  • Subdivision Name Other: Park Estates (PE)
  • View: Yes
  • Architectural Style: Custom Built
  • Property Condition: Additions/Alterations, Building Permit, Updated/Remodeled, Termite Clearance
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7240019026
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3000.00
  • Interior Amenities: Bar, Built-in Features, Ceiling Fan(s), Copper Plumbing Full, Granite Counters, Open Floorplan, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Double Door Entry, Panel Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 386.77
  • Room Type: All Bedrooms Up, Den, Family Room, Formal Entry, Foyer, Living Room, Main Floor Master Bedroom, Master Suite, Walk-In Closet, Separate Family Room, Office, Two Masters, Utility Room
  • Spa Features: Heated
  • Window Features: Drapes, Double Pane Windows, Low Emissivity Windows, Plantation Shutters, Screens, Skylight(s)
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Gazebo
  • Exterior Features: Barbecue Private, Lighting
  • View: Pool
  • Fence: Yes
  • Fencing: New Condition
  • Builder Name: Park Estates
  • Patio And Porch Features: Concrete, Lanai, Patio
  • Pool Features: In Ground, Private, Salt Water, Waterfall
  • Pool Private: Yes
  • Roof: Shake
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking Features: Concrete, Driveway, Direct Garage Access, Garage, Garage Door Opener, Private, Street, Built-In Storage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Electric Oven, Electric Range, Disposal, Gas Water Heater, Microwave, Self Cleaning Oven, Recirculated Exhaust Fan, Tankless Water Heater, Vented Exhaust Fan
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 125.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 8422.00
  • Lot Size Acres: 0.1930

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8422.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 52
  • Tax Tract Number: 15836

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2014
Closed on
Oct 9, 2014
Sold by
Allen C E Peter Allen
Bought by
The Lee Family Living Trust
Seller's Agent
Mike Trossen
Equity Brokers
Buyer's Agent
Ben Ahdoot
Coldwell Banker Realty
List Price
$1,490,000
Sold Price
$1,160,312
Premium/Discount to List
-$329,688
-22.13%
Current Estimated Value
$2,201,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,041,195
Avg. Annual Appreciation
5.90%

Purchase Details

Closed on
Feb 11, 2009
Sold by
Allen C E Peter
Bought by
Allen C E Peter and C E Peter & Sara Louise Allen Trust

Purchase Details

Closed on
Feb 11, 2008
Sold by
Wolff June
Bought by
Allen C E Peter

Purchase Details

Closed on
Jul 14, 1998
Sold by
Wolff Lester H
Bought by
Wolff Lester H and Wolff June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.06%

Purchase Details

Closed on
Jun 18, 1998
Sold by
Wolff Lester H And June Trs
Bought by
Wolff Lester H and Wolff June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.06%
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
The Lee Family Living Trust $1,160,500 Ticor Title
Allen C E Peter -- None Available
Allen C E Peter $945,000 Fidelity National Title Co
Wolff Lester H -- Landsafe Title
Wolff Lester H -- Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wolff Lester H $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2014 10/31/14 Sold $1,160,312 -10.7% $387 / Sq Ft
07/30/2014 07/30/14 Price Changed $1,299,000 -7.2% $433 / Sq Ft
05/20/2014 05/20/14 Price Changed $1,400,000 -6.0% $467 / Sq Ft
02/05/2014 02/05/14 For Sale $1,490,000 -- $497 / 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 $17,515 $1,394,496 $978,301 $416,195
2024 $17,515 $1,367,154 $959,119 $408,035
2023 $17,228 $1,340,348 $940,313 $400,035
2022 $16,161 $1,314,068 $921,876 $392,192
2021 $15,852 $1,288,302 $903,800 $384,502
2019 $15,625 $1,250,093 $876,994 $373,099
2018 $15,175 $1,225,583 $859,799 $365,784
2016 $13,953 $1,177,994 $826,413 $351,581
2015 $13,383 $1,160,300 $814,000 $346,300
2014 $12,813 $1,097,000 $687,000 $410,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mike Trossen

    Equity Brokers

    (562) 434-6731

    3 in this area

    29 Total Sales

    Mike Trossen
    Section Image

  • K

    Seller Co-Listing Agent in 2014

    Ken Trossen

    Equity Brokers

    Section Image

  • B

    Buyer's Agent in 2014

    Ben Ahdoot

    Coldwell Banker Realty

    (818) 380-5100

    Ben Ahdoot
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14024612

California Regional Multiple Listing Service (CRMLS)

APN: 7240-019-026

California Los Angeles County Long Beach 90815 Park Estates

5431 E La Pasada St, Long Beach, CA

Not Listed for Sale

Detached

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