NOT LISTED FOR SALE

Estimated Value: $2,712,000 - $3,554,000

4 Beds
4 Baths
3,781 Sq Ft
$863/Sq Ft Est. Value

Last Sold June 04, 2014

Last sale price $1,750,000 $463 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $19,687/month

39 Days on Market

Highlights

  • Heated In Ground Pool
  • 0.42 Acre Lot
  • French Architecture
  • Minnie Gant Elementary School Rated A
  • Maid or Guest Quarters
  • Wood Flooring

About This Home

As of June 2014

This 4 Bedroom, 4 Bath Estate is serenely set on a prominent corner lot entering the estate section of Park Estates. This home boasts of Classic graciousness and elegance along with captivating traditional detail all in a magical resort-like setting minutes from golf and the waterfront.
The Broad Brick reception and double doors open to the foyer, sun-filled living room and rear grounds. The Elegant formal dining with it's glass bowed windows is stunning. The Fully remodeled Gourmet kitchen enjoys garden views and a breakfast lounge. There are beautiful cherry wood floors throughout. Just off the kitchen is an awe inspiring family room with a towering ceilings and a magnificent brick wall fireplace plus views and garden access! Double doors open to a Private Master Suite with a built in Sauna and a garden view Roman tub. There is also a separate guest wing off the kitchen with its own bedroom, bathroom, and laundry room. Indoor, outdoor living is incredible with enchanting bridges, waterfalls, and a sparkling pool. True Estate living in the heart of Park Estates

Last Agent to Sell the Property

Kelsea Mazzocco

First Team Real Estate License #01317623 Listed on: 03/23/2014

First Team Real Estate

Co-Listed By

Kay Raziano

Century 21 Masters License #00813738

Last Buyer's Agent

Noelle Longmeyer

Y Realty License #01313351

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,754

Year Built

  • Built in 1976

Lot Details

  • 0.42 Acre Lot

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • French Architecture

Interior Spaces

  • 3,781 Sq Ft Home
  • French Mullion Window
  • Garden Windows
  • Double Door Entry
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Park or Greenbelt Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Jack-and-Jill Bathroom
  • Maid or Guest Quarters
  • 4 Full Bathrooms

Pool

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

Outdoor Features

  • Brick Porch or Patio
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 14675
  • Assessor Parcel Number 7240005037

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,754

Year Built

Built in 1976

Lot Details

0

HOA Fees

$10 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Park Estates (PE)
  • View: Yes
  • Architectural Style: French
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7240005037
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3781.00
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Price Per Square Foot: 462.84
  • Room Type: Entry, Family Room, Foyer, Guest/Maid's Quarters, Jack & Jill, Living Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Separate Family Room, Office
  • Spa Features: In Ground, Private
  • Window Features: French/Mullioned, Garden Window(s)

Exterior Features

  • Patio: Yes
  • View: Park/Greenbelt
  • Patio And Porch Features: Brick
  • Pool Features: Heated, In Ground, Private, Waterfall
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Zoned
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Long Beach Unified

Lot Info

  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 18462.00
  • Lot Size Acres: 0.4240

Multi Family

  • Lease Considered: No
  • Lot Size Area: 18462.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 14675

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2015
Sold by
Simpson James S
Bought by
The Simpson Family Trust
Current Estimated Value
$3,201,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$458,811
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,805,890

Purchase Details

Closed on
Jul 25, 2015
Sold by
Simpson James S
Bought by
Simpson Family Trust

Purchase Details

Listed on
Mar 23, 2014
Closed on
May 5, 2014
Sold by
Lee Jong Sook
Bought by
Simpson James S and Simpson Suzanne M
Seller's Agent
Kelsea Mazzocco
First Team Real Estate
Buyer's Agent
Noelle Longmeyer
Y Realty
List Price
$1,799,999
Sold Price
$1,750,000
Premium/Discount to List
-$49,999
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%
Original Mortgage
$1,000,000
Outstanding Balance
$764,830
Interest Rate
4.27%
Mortgage Type
New Conventional
Estimated Equity
$2,499,871

Purchase Details

Closed on
May 16, 2012
Sold by
Lee Jong Sook
Bought by
Lee Jong Sook and Lee Nicholas S C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 1999
Sold by
Lee Nicholas S
Bought by
Lee Jong Sook and Lee Nicholas S C

Purchase Details

Closed on
Nov 8, 1993
Sold by
Lee Nicholas S C
Bought by
Lee Nicholas S C and Lee Jong Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
6.91%
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
The Simpson Family Trust -- None Available
Simpson Family Trust -- None Available
Simpson James S $1,750,000 Chicago Title Company
Lee Jong Sook -- Accommodation
Lee Jong Sook -- Pacific Coast Title Company
Lee Jong Sook -- --
Lee Nicholas S C -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Simpson Family Trust $600,000
Open Simpson James S $1,000,000
Previous Owner Lee Jong Sook $417,000
Previous Owner Lee Nicholas S C $470,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2014 06/04/14 Sold $1,750,000 -2.8% $463 / Sq Ft
05/01/2014 05/01/14 Pending -- -- --
03/23/2014 03/23/14 For Sale $1,799,999 -- $476 / 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 $26,754 $2,145,249 $1,520,065 $625,184
2024 $26,754 $2,103,186 $1,490,260 $612,926
2023 $26,317 $2,061,948 $1,461,040 $600,908
2022 $24,685 $2,021,519 $1,432,393 $589,126
2021 $24,215 $1,981,882 $1,404,307 $577,575
2019 $23,868 $1,923,100 $1,362,655 $560,445
2018 $23,160 $1,885,393 $1,335,937 $549,456
2016 $21,290 $1,812,183 $1,284,062 $528,121
2015 $20,416 $1,784,964 $1,264,775 $520,189
2014 $16,752 $1,442,547 $678,718 $763,829
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14059344

California Regional Multiple Listing Service (CRMLS)

APN: 7240-005-037