Richard Gaylord
Re/Max R. E. Specialists
(424) 300-8259
24 Total Sales
2 in Park Estates
$1.2M - $1.7M Price Range
5501 E Las Lomas St Long Beach, CA 90815
Park Estates NeighborhoodEstimated Value: $1,584,302
3
Beds
2
Baths
1,803
Sq Ft
$879/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- Property is near park
- Private Yard
- Minnie Gant Elementary School Rated A
- Wood Flooring
- Den
About This Home
As of April 2022Such an AMAZING OPPORTUNITY in beautiful PARK ESTATES!!! Bring your creative vision, imagination, talent & artistry to upgrade & transform this terrific diamond in the rough!! So much outstanding potential & how exciting to helm this remodeling project & reimagine this space & this large lot! Single-story, sprawling 3-BD, 2-BA home w/a family room/den/study & huge backyard, a long, gated driveway leading to a 2-car detached garage w/a sizeable, attached studio/workspace, all sweetly nestled on a premium, mid-block location, surrounded by so many beautiful homes & situated on a wide, gracious, charming, tree-lined street in one of Long Beach's most coveted & highly desirable neighborhoods!! Truly an incredible chance to take this fabulous blank canvas of a home w/great bones to the next level, both inside & outside, & make it your very own, w/the vibe, aesthetic, modern conveniences & creative comforts of your choosing! Still so much room to expand! This home is looking forward to a wonderful new tenure of stewardship & will be an absolute GEM! The lush front & back yards, w/ample mature trees & foliage, enjoy dappled sunlight & shade & are such lovely, serene & inviting spaces to enjoy lots of gardening or morning coffee, cocktail hour, al fresco dining, BBQs & brunches & entertain family & friends year-round or simply to enjoy slowing down, unwinding & relaxing. Hardwood floors & lots of windows & cabinetry/storage throughout. Living room has a nice window overlooking the neighborhood, built-ins & a fireplace. FR/den/study has its own convenient sliding patio door access to the backyard (& can also be enjoyed as a 4th BD, if desired, as it does have a closet). Laundry room off of the large kitchen has its own access to the backyard, a sink, extra storage cabinetry & room for side-by-side washer & dryer. The attached workspace behind the garage, which the previous very-long-time owners had used as a dark room to develop their photographs / film) can be brightened up & transformed into an artist's or writer's studio, meditation room, space for yoga or home gym, arts & crafts/rumpus room, home office, etc. So many purposeful spaces in this home to live & further expand into! Leisurely stroll, quick bike ride or fun skateboard session over to nearby parks, golf courses, schools, great shopping, dining & coffeehouses. Minutes from the beach, lagoon, marina, pier, LB Airport, Target, Trader Joe's & super convenient fwy access to LA & Orange County & much more!!
Last Agent to Sell the Property
Re/Max R. E. Specialists License #01172230 Listed on: 02/11/2022
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Home Details
Home Type
- Single Family
Year Built
- Built in 1951
Lot Details
- 9,020 Sq Ft Lot
- Wood Fence
- Landscaped
- Private Yard
- Back and Front Yard
- Property is zoned LBR1N
HOA Fees
- $10 Monthly HOA Fees
Parking
- 2 Car Garage
- Parking Available
- Workshop in Garage
- Garage Door Opener
- Driveway
Home Design
- Cosmetic Repairs Needed
- Major Repairs Completed
- Shake Roof
Interior Spaces
- 1,803 Sq Ft Home
- 1-Story Property
- Gas Fireplace
- Blinds
- Window Screens
- Living Room with Fireplace
- Den
- Laundry Room
Kitchen
- Eat-In Kitchen
- Dishwasher
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Primary Bedroom Suite
- Bathtub
- Walk-in Shower
Outdoor Features
- Concrete Porch or Patio
- Exterior Lighting
Location
- Property is near park
Utilities
- Whole House Fan
- Forced Air Heating System
- Natural Gas Connected
- Sewer Paid
- Phone System
- Cable TV Available
Listing and Financial Details
- Tax Lot 68
- Tax Tract Number 14675
- Assessor Parcel Number 7240014023
Community Details
Overview
- Park Estates Homeowners Association, Phone Number (562) 498-3383
- Park Estates Subdivision
Amenities
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 11, 2022
Closed on
Feb 24, 2022
Sold by
Makabenta Trust
Bought by
Seller's Agent
Mary Ebersole
Re/Max R. E. Specialists
Buyer's Agent
Mary Ebersole
Re/Max R. E. Specialists
List Price
$1,250,000
Sold Price
$1,300,000
Premium/Discount to List
$50,000
4%
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
$284,302
Avg. Annual Appreciation
4.54%
Original Mortgage
$1,040,000
Outstanding Balance
$940,940
Interest Rate
3.13%
Mortgage Type
New Conventional
Estimated Equity
$643,362
Purchase Details
Closed on
Mar 29, 2019
Sold by
Makabenta Oliver P and Makabenta Gladys C
Bought by
The Makabenta Trust
Purchase Details
Listed on
Oct 5, 2015
Closed on
Oct 15, 2015
Sold by
Smally George M
Bought by
Makabenta Oliver P and Makabenta Gladys C
Seller's Agent
Ron Bentley
Equity Real Estate - S.Orange
Buyer's Agent
Mary Ebersole
Re/Max R. E. Specialists
List Price
$950,000
Sold Price
$928,000
Premium/Discount to List
-$22,000
-2.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%
Original Mortgage
$470,000
Interest Rate
3.71%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Park Estates, CA
-
Richard Gaylord
-
Heidi Bailey
Heidi Bailey
Keller Williams Coastal Prop.
(949) 356-7766
38 Total Sales
1 in Park Estates
$340,000 Price
-
Vannessa Swinford
Vannessa Swinford
First Team Real Estate
(657) 341-0938
33 Total Sales
1 in Park Estates
$400,000 Price
-
Charlie Raine
Charlie Raine
Coastal Legacy Realty Group
(833) 922-2794
27 Total Sales
1 in Park Estates
$420,000 Price
-
Mike Dunfee
Mike Dunfee
Dunfee Real Estate Services
(424) 358-3624
120 Total Sales
1 in Park Estates
$365,000 Price
-
Bob Stallings
Bob Stallings
Re/Max R. E. Specialists
(562) 784-5682
27 Total Sales
4 in Park Estates
$245K - $337K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| Makabenta Oliver P | $928,000 | Title 365 |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $470,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/06/2022 04/06/22 | Sold | $1,300,000 | +4.0% | $721 / Sq Ft |
| 02/16/2022 02/16/22 | Pending | -- | -- | -- |
| 02/11/2022 02/11/22 | For Sale | $1,250,000 | -- | $693 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $18,058 | $1,407,160 | $974,188 | $432,972 |
| 2025 | $18,058 | $1,379,570 | $955,087 | $424,483 |
| 2024 | $17,265 | $1,352,520 | $936,360 | $416,160 |
| 2023 | $16,981 | $1,326,000 | $918,000 | $408,000 |
| 2022 | $12,777 | $1,035,196 | $828,158 | $207,038 |
| 2021 | $12,533 | $1,014,899 | $811,920 | $202,979 |
| 2020 | $12,499 | $1,004,493 | $803,595 | $200,898 |
| 2019 | $12,353 | $984,798 | $787,839 | $196,959 |
| 2018 | $12,000 | $965,490 | $772,392 | $193,098 |
| 2016 | $11,966 | $928,000 | $742,400 | $185,600 |
| 2015 | $1,732 | $133,878 | $55,871 | $78,007 |
| 2014 | $1,727 | $131,256 | $54,777 | $76,479 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Ebersole
Seller's Agent in 2022
Mary Ebersole
RE/MAX
(562) 882-6279
1 in this area
38 Total Sales
-
RB
Seller's Agent in 2015
Ron Bentley
Equity Real Estate - S.Orange
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22027759
APN: 7240-014-023
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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