NOT LISTED FOR SALE

5431 Olive Ave Long Beach, CA 90805

Lindbergh Neighborhood

Estimated Value: $729,000 - $834,000

4 Beds
1 Bath
1,710 Sq Ft
$456/Sq Ft Est. Value

Last Sold January 20, 2012

Last sale price $225,000 $132 Per Sq Ft

Est. 247% increase in value since last sale

Current estimated payment $4,375/month

153 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Forced Air Heating and Cooling System
  • Spanish Architecture

About This Home

As of January 2012

PRICE REDUCED!!! Upgraded North Long Beach Home. This is a Short Sale All Terms & Conditions are subject to Lender Approval. Property is Being sold 'AS-IS' with No Warranties or Guarantees Expressed or Implied. Garage has been converted and is not Legal. County records Shows Property to be 4 Bedroom & 2 Bath But actual final Permits show 3 Bedrooms & 1 Bath. and Approx. 1300 Square Feet. Buyers to Verify Actual Square Footage and Permits to Satisfy Themselves. Buyers to Assume all Responsibility to Correct Code Violations and Permits. Seller will not make any Repairs. Financing needs to be FHA 203K or All Cash

Last Agent to Sell the Property

John Burrola

Stop Real Estate & Loans License #01389876 Listed on: 06/22/2011

Last Buyer's Agent

Adolfo Flores

Stop Real Estate & Loans License #01142125

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 40x125

Home Design

  • Spanish Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,710 Sq Ft Home
  • Fireplace

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Parking

  • Carport
  • Parking Available
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 101
  • Tax Tract Number 5737
  • Assessor Parcel Number 7127019025

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: North Long Beach
  • View: No
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7127019025
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1710.00
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Levels: One
  • Price Per Square Foot: 131.58

Exterior Features

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

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport, Driveway

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease Purchase: No
  • Lot Size: 40x125
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1150

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5000.0000 Square Feet

Tax Info

  • Tax Lot: 101
  • Tax Tract Number: 5737

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2011
Closed on
Dec 1, 2011
Sold by
Lopez Ramon
Bought by
Vital Jose
Seller's Agent
John Burrola
Stop Real Estate & Loans
Buyer's Agent
Adolfo Flores
Stop Real Estate & Loans
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%
Current Estimated Value
$780,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$555,590
Avg. Annual Appreciation
9.28%
Original Mortgage
$253,356
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 12, 2003
Sold by
Lopez Ramon
Bought by
Lopez Ramon and Lopez Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 1999
Sold by
Lopez Ramon
Bought by
Lopez Ramon and Lopez Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Interest Rate
6.63%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 28, 1994
Sold by
Pettyjohn Harold T
Bought by
Lopez Ramon and Lopez Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,700
Interest Rate
6%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 1994
Sold by
Pettyjohn Marilyn I
Bought by
Pettyjohn Harold T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,700
Interest Rate
6%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Vital Jose $225,000 Lawyers Title
Lopez Ramon -- --
Lopez Ramon -- First Southwestern Title Co
Lopez Ramon -- First Southwestern Title Co
Lopez Ramon $154,000 Provident Title
Pettyjohn Harold T -- Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vital Jose $253,356
Previous Owner Lopez Ramon $179,000
Previous Owner Lopez Ramon $17,000
Previous Owner Lopez Ramon $147,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2012 01/20/12 Sold $225,000 -10.0% $132 / Sq Ft
11/22/2011 11/22/11 Pending -- -- --
11/10/2011 11/10/11 For Sale $249,900 +11.1% $146 / Sq Ft
10/28/2011 10/28/11 Off Market $225,000 -- --
10/22/2011 10/22/11 For Sale $249,900 +11.1% $146 / Sq Ft
10/08/2011 10/08/11 Off Market $225,000 -- --
07/26/2011 07/26/11 Price Changed $249,900 -10.8% $146 / Sq Ft
06/22/2011 06/22/11 For Sale $280,000 -- $164 / 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 $3,867 $282,601 $179,485 $103,116
2024 $3,867 $277,061 $175,966 $101,095
2023 $3,802 $271,629 $172,516 $99,113
2022 $3,577 $266,304 $169,134 $97,170
2021 $3,499 $261,083 $165,818 $95,265
2019 $3,449 $253,341 $160,900 $92,441
2018 $3,306 $248,375 $157,746 $90,629
2016 $3,036 $238,731 $151,621 $87,110
2015 $2,918 $235,146 $149,344 $85,802
2014 $2,903 $230,541 $146,419 $84,122
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    John Burrola

    Stop Real Estate & Loans

    (213) 422-4888

    8 Total Sales

    John Burrola
    Section Image
  • Adolfo Flores

    Buyer's Agent in 2012

    Adolfo Flores

    Stop Real Estate & Loans

    (213) 200-1504

    Adolfo Flores
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1104053

California Regional Multiple Listing Service (CRMLS)

APN: 7127-019-025

California Los Angeles County Long Beach 90805 Lindbergh

5431 Olive Ave, Long Beach, CA

Not Listed for Sale

Detached

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