NOT LISTED FOR SALE

5511 E Oleta St Long Beach, CA 90815

Park Estates Neighborhood

Estimated Value: $1,392,000 - $3,012,533

4 Beds
3.5 Baths
3,551 Sq Ft
$683/Sq Ft Est. Value

Last Sold December 10, 2018

Last sale price $1,950,000 $549 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $14,987/month

18 Days on Market

Highlights

  • Cabana
  • Property is near public transit
  • Mediterranean Architecture
  • Minnie Gant Elementary School Rated A
  • Cathedral Ceiling
  • Stone Countertops

About This Home

As of December 2018

Few homes exude the rustic Mediterranean elegance as 5511 E Oleta Street. Developer built, this Park Estates custom executive estate has been updated throughout with exquisite attention to detail and the finest of craftsmanship. From the French pavers in the hand inlaid driveway to the Old World style terracotta roof, let your imagination draw you into the expansive open concept living spaces punctuated by lofted cathedral ceilings, reclaimed hand hewn barn beam ceilings, and antique carved doorways. Flow into the breathtaking kitchen; a showstopping masterwork of bullnose limestone counters, crested atop dark custom cabinetry, balanced by a striking stainless steel DCS Fisher & Paykel and GE Profile appliance suite. Of the four comfortable bedrooms, three possess en suite baths. The master suite is a feast for the senses; savor serenity in your spacious retreat while enjoying sweeping poolside views through French doors after enjoying a spa experience in the master bath replete with a deep clawfoot soaking tub, dual vanities, and large walk in closet. Perfectly poised for entertainment, the lushly landscaped estate grounds are highlighted by a broad patio covered by an artful pergola, a tranquil heated swimming pool enclosed with Spanish tile and limestone pavers, and a flowing pathway to the spacious 850 square feet private cabana and ¾ bath. Located within the exclusive enclave of Park Estates, your palatial estate awaits.

Last Agent to Sell the Property

Jeff Anderson

eXp Realty of California Inc License #01729514 Listed on: 10/26/2018

eXp Realty of California Inc

Co-Listed By

Becky Layton-Hartman

Think Boutiq Real Estate License #01966309

Last Buyer's Agent

Julie Hughes

Realty One Group Homelink License #01360644

Realty One Group Homelink

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956 | Remodeled

Lot Details

  • 0.31 Acre Lot
  • Wood Fence
  • Landscaped
  • Back and Front Yard

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Mediterranean Architecture
  • Turnkey

Interior Spaces

  • 3,551 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • French Doors
  • Sliding Doors
  • Entryway
  • Living Room with Fireplace
  • Formal Dining Room
  • Tile Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Kitchen Island
  • Stone Countertops

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Separate Shower

Pool

  • Cabana
  • Private Pool

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Central Heating and Cooling System

Community Details

  • Park Estates HOA, Phone Number (562) 498-3383

Listing and Financial Details

  • Tax Lot 46
  • Tax Tract Number 15545
  • Assessor Parcel Number 7240023020

Home Details

Home Type

Single Family

Year Built

Built in 1956 | Remodeled

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Refrigerator, window treatments and curtains.
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Park Estates (PE)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7240023020
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3551.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors, Sliding Doors
  • Eating Area: Dining Room, Separated
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 549.14
  • Room Type: Entry, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Bathroom, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Separate Tub And Shower, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Stone Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Cabana, Covered, Patio Open, Stone
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Annually
  • Association Fee: 125.00
  • Association Fee Frequency: Annually
  • Association Name: Park Estates HOA
  • Phone: 562-498-3383
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Near Public Transit
  • Lot Size Sq Ft: 13394.00
  • Lot Size Acres: 0.3075

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13394.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 46
  • Tax Tract Number: 15545

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2018
Closed on
Nov 15, 2018
Sold by
Layton Donald and Layton Leslie
Bought by
Conner Michael and Conner Gloria
Seller's Agent
Jeff Anderson
eXp Realty of California Inc
Buyer's Agent
Julie Hughes
Realty One Group Homelink
List Price
$1,950,000
Sold Price
$1,950,000
Current Estimated Value
$2,426,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$476,883
Avg. Annual Appreciation
3.16%

Purchase Details

Listed on
Jan 31, 2014
Closed on
May 24, 2014
Sold by
Layton Donald
Bought by
Layton Donald and Donald C Layton Revocable Trust
Seller's Agent
Joanne Kootsikas
Joanne Kootsikas, Broker
Buyer's Agent
Maggie Ding
Compass
List Price
$1,785,000
Sold Price
$1,700,000
Premium/Discount to List
-$85,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.97%

Purchase Details

Listed on
Jan 31, 2014
Closed on
Mar 31, 2014
Sold by
Electric Capital Llc
Bought by
Layton Donald and Layton Leslie
Seller's Agent
Joanne Kootsikas
Joanne Kootsikas, Broker
Buyer's Agent
Maggie Ding
Compass
List Price
$1,785,000
Sold Price
$1,700,000
Premium/Discount to List
-$85,000
-4.76%

Purchase Details

Closed on
Oct 11, 2012
Sold by
Colberg Judy
Bought by
Electric Capital Llc and Nerja Investments Llc

Purchase Details

Closed on
Sep 9, 2004
Sold by
Colberg Judy A
Bought by
Colberg Judy and The Judy Colberg Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,500
Interest Rate
4.28%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 26, 2003
Sold by
Colberg Paz Arreola and Colberg Paz A
Bought by
Colberg Judy

Purchase Details

Closed on
Feb 11, 1999
Sold by
Colberg Edward D And Paz A Trs
Bought by
Coldberg Edward D and Colberg Paz A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.78%

Purchase Details

Closed on
May 5, 1994
Sold by
Colberg Edward D
Bought by
Colberg Edward D and Colberg Paz A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Conner Michael $1,950,000 First American Title Company
Layton Donald -- None Available
Layton Donald $1,700,000 Ticor Title Company
Electric Capital Llc $625,000 Ticor Title Tustin Orange Co
Colberg Judy -- Ort
Colberg Judy -- --
Coldberg Edward D -- California Counties Title Co
Colberg Edward D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colberg Judy $156,500
Previous Owner Coldberg Edward D $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2018 12/10/18 Sold $1,950,000 0.0% $549 / Sq Ft
10/26/2018 10/26/18 For Sale $1,950,000 +14.7% $549 / Sq Ft
04/03/2014 04/03/14 Sold $1,700,000 -4.8% $479 / Sq Ft View Prior Sale
02/24/2014 02/24/14 Pending -- -- --
01/31/2014 01/31/14 For Sale $1,785,000 -- $503 / 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 $27,140 $2,175,257 $1,400,196 $775,061
2024 $27,140 $2,132,606 $1,372,742 $759,864
2023 $26,697 $2,090,791 $1,345,826 $744,965
2022 $25,040 $2,049,796 $1,319,438 $730,358
2021 $24,572 $2,009,605 $1,293,567 $716,038
2019 $24,222 $1,950,000 $1,255,200 $694,800
2018 $22,441 $1,831,525 $1,033,842 $797,683
2016 $20,638 $1,760,407 $993,698 $766,709
2015 $19,790 $1,733,965 $978,772 $755,193
2014 $7,491 $627,837 $527,383 $100,454
Source: Public Records

Agents Affiliated with this Home

  • Jeff Anderson

    Seller's Agent in 2018

    Jeff Anderson

    eXp Realty of California Inc

    (562) 784-5241

    13 in this area

    299 Total Sales

    Jeff Anderson
    Section Image
  • Becky Layton-Hartman

    Seller Co-Listing Agent in 2018

    Becky Layton-Hartman

    Think Boutiq Real Estate

    (714) 326-0083

    1 in this area

    40 Total Sales

    Becky Layton-Hartman
    Section Image
  • Julie Hughes

    Buyer's Agent in 2018

    Julie Hughes

    Realty One Group Homelink

    (714) 393-5055

    23 Total Sales

    Julie Hughes
    Section Image

  • J

    Seller's Agent in 2014

    Joanne Kootsikas

    Joanne Kootsikas, Broker

    (949) 861-0738

    10 Total Sales

    Joanne Kootsikas
    Section Image
  • Maggie Ding

    Buyer's Agent in 2014

    Maggie Ding

    Compass

    (310) 345-0075

    274 Total Sales

    Maggie Ding
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18259570

California Regional Multiple Listing Service (CRMLS)

APN: 7240-023-020

California Los Angeles County Long Beach 90815 Park Estates

5511 E Oleta St, Long Beach, CA

Not Listed for Sale

Detached

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