NOT LISTED FOR SALE

5462 E Fairbrook St Long Beach, CA 90815

Los Altos South Neighborhood

Estimated Value: $1,214,000 - $1,372,000

3 Beds
3 Baths
1,874 Sq Ft
$678/Sq Ft Est. Value

Last Sold July 05, 2017

Last sale price $750,000 $400 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $7,556/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Updated Kitchen
  • Wood Flooring
  • Bixby Elementary School Rated 9+
  • Open Floorplan
  • Hydromassage or Jetted Bathtub

About This Home

As of July 2017

Welcome to 5462 East Fairbrook Street! This home sits on an amazing tree-lined street in one of the most sought out neighborhoods of Los Altos. Completely remodeled inside, you will find a floor plan that flows perfectly and is filled with lots of natural light. This entertainers dream home features a remodeled kitchen with custom cabinetry, recessed lighting and stainless steel appliances. Looking out from the kitchen you will see the oversized family room beaming with natural light. The master retreat features a huge walk in closet and a custom master bathroom that will not disappoint. It also has a slider leading outside to your large backyard perfect for entertaining on those summer nights. Other features include a large inside laundry room, new electrical, new roof, new hardwood floors, crown molding, new water heater, new AC unit, and newer paint. This home is close to schools, shopping, freeways, and CSULB.

Last Agent to Sell the Property

Justin Sidell

Dream Life Real Estate License #01948699 Listed on: 05/01/2017

Last Buyer's Agent

Micah Peterson

Micah Peterson Broker License #01366504

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 5,762 Sq Ft Lot
  • Private Yard
  • Property is zoned LBR1N

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Turnkey

Interior Spaces

  • 1,874 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Family Room
  • Wood Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Schools

  • Bixby Elementary School
  • Stanford Middle School
  • Wilson High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 39
  • Tax Tract Number 14129
  • Assessor Parcel Number 7224015004

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Inclusions: Washer, Dryer
  • Property Attached: No
  • Subdivision Name Other: Los Altos/South of Fwy (LSF)
  • View: Yes
  • Zoning: LBR1N
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7224015004
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1874.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Open Floorplan, Pantry, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 400.21
  • Room Type: Family Room, Laundry, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Jetted Tub, Remodeled, Separate Tub And Shower, Soaking Tub, Upgraded, Walk-In Shower
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Asphalt
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights

Schools

  • Elementary School: Bixby
  • High School: Wilson
  • Middle Or Junior School: Stanford
  • Elementary School #2: BIXBY
  • High School2: WILSON

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 5762.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5749.01
  • Tax Lot: 39
  • Tax Tract Number: 14129

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2020
Sold by
Schipul Erik Lind
Bought by
Schipul Erik L and Schipul Salwa P
Current Estimated Value
$1,271,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Outstanding Balance
$555,470
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$715,937

Purchase Details

Listed on
May 1, 2017
Closed on
Jun 29, 2017
Sold by
Schipul Salwa Patricia
Bought by
Schipul Erik Lind
Seller's Agent
Justin Sidell
Dream Life Real Estate
Buyer's Agent
Micah Peterson
Micah Peterson Broker
List Price
$749,000
Sold Price
$750,000
Premium/Discount to List
$1,000
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%
Original Mortgage
$74,250
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2017
Closed on
May 9, 2017
Sold by
Valmidiano Michael
Bought by
Schipul Erik Lind
Seller's Agent
Justin Sidell
Dream Life Real Estate
Buyer's Agent
Micah Peterson
Micah Peterson Broker
List Price
$749,000
Sold Price
$750,000
Premium/Discount to List
$1,000
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,250
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2012
Sold by
Summerville Samuel Urias and Summerville Sylvia A
Bought by
Summerville Samuel U and Summerville Sylvia A

Purchase Details

Closed on
Dec 14, 2011
Sold by
Valmidiano Michael and Valmidiano Shana Rachel
Bought by
Valmidiano Michael and Valmidiano Shana Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2002
Sold by
Clay Charles Q and Clay Rachelle D
Bought by
Valmidiano Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,900
Interest Rate
6.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schipul Erik L -- Western Resources Title
Schipul Erik Lind -- Stewart Title Of Ca Inc
Schipul Erik Lind $750,000 Stewart Title Of Ca Inc
Summerville Samuel U -- None Available
Valmidiano Michael -- Lsi Title
Valmidiano Michael $360,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schipul Erik L $640,000
Closed Schipul Erik Lind $74,250
Previous Owner Schipul Erik Lind $600,000
Previous Owner Valmidiano Michael $298,000
Previous Owner Valmidiano Michael $287,900
Closed Valmidiano Michael $53,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2017 07/05/17 Sold $750,000 +0.1% $400 / Sq Ft
05/01/2017 05/01/17 For Sale $749,000 -- $400 / 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 $10,738 $853,365 $623,868 $229,497
2024 $10,738 $836,634 $611,636 $224,998
2023 $10,559 $820,231 $599,644 $220,587
2022 $9,903 $804,149 $587,887 $216,262
2021 $9,708 $788,382 $576,360 $212,022
2019 $9,566 $765,000 $559,266 $205,734
2018 $9,303 $750,000 $548,300 $201,700
2016 $6,028 $495,846 $330,820 $165,026
2015 $5,156 $433,699 $325,851 $107,848
2014 $5,120 $425,205 $319,469 $105,736
Source: Public Records

Agents Affiliated with this Home

  • Justin Sidell

    Seller's Agent in 2017

    Justin Sidell

    Dream Life Real Estate

    (562) 652-8993

    61 in this area

    196 Total Sales

    Justin Sidell
    Section Image

  • M

    Buyer's Agent in 2017

    Micah Peterson

    Micah Peterson Broker

    (562) 652-8993

    10 Total Sales

    Micah Peterson
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS17093378

California Regional Multiple Listing Service (CRMLS)

APN: 7224-015-004

California Los Angeles County Long Beach 90815 Los Altos South

5462 E Fairbrook St, Long Beach, CA

Not Listed for Sale

Detached

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