NOT LISTED FOR SALE

5431 E Las Lomas St Long Beach, CA 90815

Park Estates Neighborhood

Estimated Value: $1,691,000 - $2,005,000

2 Beds
4 Baths
1,710 Sq Ft
$1,096/Sq Ft Est. Value

Last Sold December 28, 2016

Last sale price $1,013,000 $592 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $11,175/month

36 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Laundry Room
  • Minnie Gant Elementary School Rated A
  • Covered Patio or Porch
  • 4-minute walk to Los Altos Plaza Park

About This Home

As of December 2016

Prime location in Park Estates!! This 10,300 sq. ft. lot is perfect for expansion of this fairly original home built in 1951. Currently this home is a 2 bedroom, 2 bath with a den that can be used as 3rd bedroom! Hardwood floors throughout, including bathrooms. All appliances are included. Needs some TLC but this exquisite lot on one of the most coveted streets is priced to sell!! To be sold in present condition!! Seller will provide termite report and roof report!

Last Agent to Sell the Property

Patricia Higgins

Beach Equities License #00679028 Listed on: 10/02/2016

Last Buyer's Agent

Patricia Higgins

Beach Equities License #00679028 Listed on: 10/02/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 10,236 Sq Ft Lot
  • Property is zoned LBR1N

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Fixer Upper
  • Raised Foundation
  • Plaster

Interior Spaces

  • 1,710 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms | 3 Main Level Bedrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Two Garage Doors
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 73
  • Tax Tract Number 14675
  • Assessor Parcel Number 7240014028

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Park Estates (PE)
  • View: Yes
  • Zoning: LBR1N
  • Architectural Style: Ranch
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7240014028
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1710.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Family Room, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 592.40
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Neighborhood
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Spa: No
  • Construction Materials: Plaster

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Garage - Two Door

Utilities

  • Utilities: Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 125.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10236.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 5748.00
  • Tax Lot: 73
  • Tax Tract Number: 14675

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2019
Sold by
Misajon Kevin M and Misajon Lauren E
Bought by
Misajon Kevin M and Misajon Lauren E
Current Estimated Value
$1,874,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$802,000
Outstanding Balance
$702,490
Interest Rate
3.6%
Estimated Equity
$1,171,853

Purchase Details

Listed on
Oct 2, 2016
Closed on
Dec 6, 2016
Sold by
Craft George S
Bought by
Frawley Lilly C
Seller's Agent
Patricia Higgins
Beach Equities
Buyer's Agent
Patricia Higgins
Beach Equities
List Price
$999,999
Sold Price
$1,013,000
Premium/Discount to List
$13,001
1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Original Mortgage
$810,400
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 2, 2016
Closed on
Nov 8, 2016
Sold by
Draper Frank B
Bought by
Misajon Kevin M and Misajon Lauren E
Seller's Agent
Patricia Higgins
Beach Equities
Buyer's Agent
Patricia Higgins
Beach Equities
List Price
$999,999
Sold Price
$1,013,000
Premium/Discount to List
$13,001
1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,400
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 17, 2014
Sold by
Draper Frank B
Bought by
Draper 2014 Trust

Purchase Details

Closed on
Jul 12, 1996
Sold by
Niemann David T
Bought by
Draper Frank B and Draper Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,500
Interest Rate
8.18%
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
Misajon Kevin M -- First American Title Company
Frawley Lilly C -- Ortc
Misajon Kevin M $1,013,000 None Available
Draper 2014 Trust -- None Available
Draper Frank B $352,500 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Misajon Kevin M $802,000
Previous Owner Frawley Lilly C $810,400
Previous Owner Draper Frank B $252,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2016 12/28/16 Sold $1,013,000 +1.3% $592 / Sq Ft
11/08/2016 11/08/16 For Sale $999,999 -1.3% $585 / Sq Ft
11/07/2016 11/07/16 Pending -- -- --
10/18/2016 10/18/16 Off Market $1,013,000 -- --
10/02/2016 10/02/16 For Sale $999,999 -- $585 / 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 $16,490 $1,315,031 $955,099 $359,932
2024 $16,490 $1,289,247 $936,372 $352,875
2023 $16,219 $1,263,968 $918,012 $345,956
2022 $15,211 $1,239,185 $900,012 $339,173
2021 $14,724 $1,198,470 $868,911 $329,559
2019 $13,158 $1,053,925 $843,140 $210,785
2018 $12,818 $1,033,260 $826,608 $206,652
2016 $5,916 $484,963 $292,631 $192,332
2015 $5,680 $477,679 $288,236 $189,443
2014 $5,641 $468,323 $282,590 $185,733
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Patricia Higgins

    Beach Equities

    (562) 597-8413

    2 in this area

    8 Total Sales

    Patricia Higgins
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16716640

California Regional Multiple Listing Service (CRMLS)

APN: 7240-014-028

California Los Angeles County Long Beach 90815 Park Estates

5431 E Las Lomas St, Long Beach, CA

Not Listed for Sale

Detached

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