M
Seller's Agent in 2017
Mike Trossen
Equity Brokers
(562) 434-6731
3 in this area
31 Total Sales
5501 E El Cedral St Long Beach, CA 90815
Park Estates NeighborhoodEstimated Value: $2,608,000 - $3,565,000
3
Beds
3
Baths
3,692
Sq Ft
$816/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- View of Trees or Woods
- Open Floorplan
- Minnie Gant Elementary School Rated A
- 18,915 Sq Ft lot
- Maid or Guest Quarters
About This Home
As of November 2017Spectacular Park Estates single level 3 bedroom, 3 bath mid-century modern home offering approximately 3,700 square feet and designed by the noted firm of Powers, Daly and DeRosa. This elegant estate home is situated on a sprawling 18,915 square foot lot (almost ½ an acre) in the ‘Estate Section’, located in one of the best locations amongst some of the most expensive homes in Long Beach. Inside the double door front entry you will find style and sophistication with soaring vaulted wood ceilings, a cozy dual sided brick fireplace and walls of glass and sliders looking out to the scenic grounds. The spacious floorplan allows for flexibility with its openness and includes an area for formal fireside dining, a formal living room, sitting area, and den/family room. The expansive master bedroom retreat offers rows of closets, separate vanity area, attached master bath and an area of retreat or office off the bedroom that looks out to the lush greenery and tranquility of the backyard. Enjoy entertaining or quiet relaxation from the large outdoor patio perched above the expansive lawn and surrounding trees and gardens. Property also includes: large front curving driveway, 2 car attached garage, newer concrete tile roof (approx. 2 years old), forced heating and air conditioning, skylights, and automatic sprinklers. A rare opportunity to own a true estate home on one of the largest lots in the area!
Co-Listed By
Ken Trossen
Equity Brokers License #00802751
Last Buyer's Agent
Jordan Cohen
RE/MAX One License #01103362
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $25,314
Year Built
- Built in 1956
Lot Details
- 0.43 Acre Lot
- Secluded Lot
- Sprinklers on Timer
- Lawn
- Garden
- Back and Front Yard
- Density is up to 1 Unit/Acre
- Property is zoned LBR1N
HOA Fees
- $10 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
- Front Facing Garage
- Circular Driveway
Home Design
- Modern Architecture
- Patio Home
- Shake Roof
- Wood Roof
- Wood Siding
Interior Spaces
- 3,692 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Built-In Features
- Bar
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Recessed Lighting
- Two Way Fireplace
- Gas Fireplace
- Plantation Shutters
- Double Door Entry
- Separate Family Room
- Living Room with Fireplace
- Dining Room with Fireplace
- Home Office
- Bonus Room
- Storage
- Views of Woods
Kitchen
- Eat-In Kitchen
- Double Oven
- Electric Cooktop
- Microwave
- Dishwasher
- Trash Compactor
- Disposal
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- Retreat
- 3 Main Level Bedrooms
- Primary Bedroom Suite
- Dressing Area
- Maid or Guest Quarters
- 3 Full Bathrooms
- Makeup or Vanity Space
Laundry
- Laundry Room
- Laundry in Garage
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Concrete Porch or Patio
- Exterior Lighting
- Outdoor Storage
Location
- Property is near a park
- Suburban Location
Utilities
- Central Heating and Cooling System
- Sewer Paid
Community Details
- Park Estates Association, Phone Number (562) 498-3383
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 14675
- Assessor Parcel Number 7240002002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2017
Closed on
Sep 27, 2017
Sold by
Hara Richard H O
Bought by
Uberstine Gary and No Patsy Enterprises Trust
Seller's Agent
Mike Trossen
Equity Brokers
Buyer's Agent
Jordan Cohen
RE/MAX One
List Price
$1,995,000
Sold Price
$1,775,000
Premium/Discount to List
-$220,000
-11.03%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,074,839
Avg. Annual Appreciation
7.05%
Original Mortgage
$1,500,000
Outstanding Balance
$1,256,264
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$1,756,061
Purchase Details
Closed on
Aug 18, 1998
Sold by
Solomon Arlene
Bought by
Solomon Arlene and Ohara Richard
Purchase Details
Closed on
Dec 7, 1995
Sold by
Solomon Stanley
Bought by
Solomon Stanley and Solomon Arlene
Purchase Details
Closed on
Apr 13, 1995
Sold by
Solomon Stanley
Bought by
Solomon Stanley and Solomon Arlene
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Uberstine Gary | $1,775,000 | Ticor Title | |
| Solomon Arlene | -- | -- | |
| Solomon Stanley | -- | -- | |
| Solomon Stanley | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Uberstine Gary | $1,500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/07/2017 11/07/17 | Sold | $1,775,000 | -4.1% | $481 / Sq Ft |
| 10/10/2017 10/10/17 | Pending | -- | -- | -- |
| 08/11/2017 08/11/17 | Price Changed | $1,850,000 | -7.3% | $501 / Sq Ft |
| 06/01/2017 06/01/17 | For Sale | $1,995,000 | -- | $540 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $25,314 | $2,019,642 | $1,615,715 | $403,927 |
| 2024 | $25,314 | $1,980,042 | $1,584,035 | $396,007 |
| 2023 | $24,903 | $1,941,219 | $1,552,976 | $388,243 |
| 2022 | $23,362 | $1,903,157 | $1,522,526 | $380,631 |
| 2021 | $22,918 | $1,865,841 | $1,492,673 | $373,168 |
| 2019 | $22,591 | $1,810,500 | $1,448,400 | $362,100 |
| 2018 | $21,907 | $1,775,000 | $1,420,000 | $355,000 |
| 2017 | $3,582 | $262,245 | $77,082 | $185,163 |
| 2016 | $3,305 | $257,104 | $75,571 | $181,533 |
| 2015 | $3,181 | $253,243 | $74,436 | $178,807 |
| 2014 | $3,169 | $248,283 | $72,978 | $175,305 |
Source: Public Records
Agents Affiliated with this Home
-
-
K
Seller Co-Listing Agent in 2017
Ken Trossen
Equity Brokers
-
J
Buyer's Agent in 2017
Jordan Cohen
RE/MAX
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW17121309
APN: 7240-002-002
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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