NOT LISTED FOR SALE

Estimated Value: $979,000 - $1,104,000

3 Beds
2 Baths
1,601 Sq Ft
$663/Sq Ft Est. Value

Last Sold August 18, 2020

Last sale price $753,000 $470 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,421/month

3 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • No HOA
  • Burcham Elementary School Rated A
  • Lawn
  • Neighborhood Views

About This Home

As of August 2020

Charming 1944 cottage in the heart of Long Beach. This 1,601 sq ft home sits on an expansive 6,801 sq ft lot. With 3 bedrooms and 2 bathrooms, this is a perfect family home! It has many of its original characteristics, including a beautiful fireplace, hardwood floors, two light and airy bedrooms, a separate laundry area and a third bedroom (or cozy den or office). The front yard features a welcoming front porch and beautiful landscaping. The long driveway provides plenty of extra parking with a detached garage offering ample storage and space for a workshop. The gated backyard and patio area are perfect for family gatherings and relaxing outdoors. This home is located in a wonderful and walkable tree-lined neighborhood, just two blocks from beautiful Heartwell Park, Wardlow Park, Bach library, restaurants and shopping! It’s close to the new LBX Exchange, LBCC, Long Beach Airport, freeways, entertainment, and so much more! This is a must see!!!

Last Agent to Sell the Property

Karl Parize

Momentum Realty Group License #01364278 Listed on: 07/16/2020

Last Buyer's Agent

Oriana Shea

Real Brokerage Technologies License #01217538

Real Brokerage Technologies

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,274

Year Built

  • Built in 1944

Lot Details

  • 6,801 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Lawn
  • Back and Front Yard

Parking

  • 1 Car Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Wood Product Walls

Interior Spaces

  • 1,601 Sq Ft Home
  • Built-In Features
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Den
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Concrete Porch or Patio

Schools

  • Burcham Elementary School
  • Marshall Middle School
  • Lakewood High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 83
  • Tax Tract Number 13005
  • Assessor Parcel Number 7183017003

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,274

Year Built

Built in 1944

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: NE of Conant
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7183017003
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1601.00 Square Feet
  • Interior Amenities: Built-in Features, Tile Counters, Wood Product Walls
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, In Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 470.33
  • Room Type: Den, Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Exhaust Fan(s), Tile Counters
  • Room Kitchen Features: Kitchen Open To Family Room, Tile Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Gas Cooktop, Gas Water Heater, Range Hood, Refrigerator
  • Heating Type: Floor Furnace, Fireplace(s)
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Long Beach Unified
  • Elementary School: Burcham
  • Middle School: Marshall
  • High School: Lakewood
  • Elementary School: Burcham
  • High School: Lakewood
  • Middle Or Junior School: Marshall
  • Elementary School #2: BURCHA
  • High School2: LAKEWO

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn
  • Lot Size Sq Ft: 6801.00
  • Lot Size Acres: 0.1561

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6801.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 83
  • Tax Tract Number: 13005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Aug 7, 2020
Sold by
Gibbs Jessica Ryanne Henry
Bought by
Gibbs Kevin Lee
Seller's Agent
Karl Parize
Momentum Realty Group
Buyer's Agent
Oriana Shea
Real Brokerage Technologies
List Price
$739,990
Sold Price
$753,000
Premium/Discount to List
$13,010
1.76%
Current Estimated Value
$1,061,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,109
Avg. Annual Appreciation
6.82%
Original Mortgage
$527,100
Outstanding Balance
$467,575
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$593,534

Purchase Details

Listed on
Jul 16, 2020
Closed on
Aug 6, 2020
Sold by
Gibbs Kevin Lee
Bought by
Musico Timothy and Musico Nichole
Seller's Agent
Karl Parize
Momentum Realty Group
Buyer's Agent
Oriana Shea
Real Brokerage Technologies
List Price
$739,990
Sold Price
$753,000
Premium/Discount to List
$13,010
1.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,100
Outstanding Balance
$467,575
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$593,534

Purchase Details

Closed on
Aug 12, 2019
Sold by
Lee Gibbs Kevin and The Karen Ann Gibbs Family Tru
Bought by
Lee Gibbs Kevin

Purchase Details

Closed on
Mar 7, 2011
Sold by
Gibbs Karen Ann
Bought by
Gibbs Karen Ann and Karen Ann Gibbs Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,100
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2004
Sold by
Gibbs Karen Ann
Bought by
Gibbs Karen Ann and Karen Ann Gibbs Family Trust
Source: Public Records

Range of Values:

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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
Gibbs Kevin Lee -- First Amer Ttl Of Los Angele
Musico Timothy $753,000 First American Title
Lee Gibbs Kevin -- None Available
Gibbs Karen Ann -- None Available
Gibbs Karen Ann -- None Available
Gibbs Karen Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musico Timothy $527,100
Previous Owner Gibbs Karen Ann $80,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2020 08/18/20 Sold $753,000 +1.8% $470 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $739,990 -- $462 / 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 $10,274 $815,068 $652,055 $163,013
2024 $10,274 $799,087 $639,270 $159,817
2023 $10,102 $783,420 $626,736 $156,684
2022 $9,476 $768,060 $614,448 $153,612
2021 $9,291 $753,000 $602,400 $150,600
2020 $2,115 $149,727 $64,194 $85,533
2019 $2,090 $146,792 $62,936 $83,856
2018 $1,976 $143,914 $61,702 $82,212
2016 $1,807 $138,327 $59,307 $79,020
2015 $1,740 $136,251 $58,417 $77,834
2014 $1,734 $133,583 $57,273 $76,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20132024

California Regional Multiple Listing Service (CRMLS)

APN: 7183-017-003