Seller's Agent in 2023
Philip DeMatteo
First Team Real Estate
(562) 506-1586
1 in this area
260 Total Sales
5518 E Oleta St Long Beach, CA 90815
Park Estates NeighborhoodEstimated Value: $1,578,000 - $1,660,127
3
Beds
2
Baths
2,001
Sq Ft
$815/Sq Ft
Est. Value
Highlights
- Private Pool
- Lawn
- Central Heating and Cooling System
- Minnie Gant Elementary School Rated A
- Laundry Room
- 1-Story Property
About This Home
As of December 2023Step into your dream world with this custom-built gem from 1956. Architecturally thoughtful and stylish. Nestled on an expansive 8,408 sq ft lot, this property has been tastefully updated and freshly painted throughout, giving it a crisp and modern look. As you step through the entry door, you'll be greeted by a solid wood floor entry that exudes style. To the left, the kitchen boasts all-new appliances, beautifully painted cabinets, and gleaming new hardware. Cook up your favorite meals on the gas stove top while gazing out of picture windows that offer stunning views of the tree-lined street and the large, park-like setting. Conveniently, there's an inside laundry room with ample pantry storage and direct access to the side yard behind the gated driveway leading to a huge detached two car garage. To the right of the entry, the extra-large family room features a fireplace and a massive front picture window that bathes the space in natural light. The hallways are adorned with plenty of storage space and built-in cabinets leading you to the formal dining room, which can also double as a den. This room features a second fireplace and glass sliders that open to the rear yard, creating a seamless flow between indoor and outdoor living perfect for outdoor entertaining and relaxation plus a separate gated area with the newly plastered pool which is extremely private and nicely landscaped surroundings. Directly down the hall, you'll discover two cool and stylish bathrooms and three spacious bedrooms, one of which has sliders leading to the pool area. Additional features of this home include a 4-year-old AC and furnace with new ducting, new insulation for energy efficiency, down lighting for ambiance, and shutters on all windows for privacy and light control. This home is situated in the prestigious Park Estates Community, offering an upscale and vibrant living environment just waiting for you to Embrace the charm, elegance, and convenience of this home. It's time to live the dream!
Last Agent to Sell the Property
First Team Real Estate License #01384378 Listed on: 10/29/2023
Home Details
Home Type
- Single Family
Year Built
- Built in 1956
Lot Details
- 8,408 Sq Ft Lot
- Lawn
- Property is zoned LBR1N
HOA Fees
- $10 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,001 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- Dining Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Additional Features
- Private Pool
- Central Heating and Cooling System
Community Details
- Park Estates Association, Phone Number (562) 498-3383
- Park Estates HOA
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 19845
- Assessor Parcel Number 7240026019
- $530 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 29, 2023
Closed on
Nov 15, 2023
Sold by
Holmes William R and Holmes Bonita
Bought by
Leon Pablo H and Leon Gloria M
Seller's Agent
Philip DeMatteo
First Team Real Estate
Buyer's Agent
Michele Kreinheder
Compass
List Price
$1,450,000
Sold Price
$1,410,000
Premium/Discount to List
-$40,000
-2.76%
Views
587
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
$220,782
Avg. Annual Appreciation
7.28%
Original Mortgage
$726,000
Outstanding Balance
$714,021
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$916,761
Purchase Details
Closed on
Jan 3, 2006
Sold by
Holmes William R and Holmes Bonita C
Bought by
Holmes William R
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Leon Pablo H | $1,410,000 | First American Title | |
| Holmes William R | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Leon Pablo H | $726,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/08/2023 12/08/23 | Sold | $1,410,000 | -2.8% | $705 / Sq Ft |
| 10/29/2023 10/29/23 | For Sale | $1,450,000 | 0.0% | $725 / Sq Ft |
| 02/15/2019 02/15/19 | Rented | $3,750 | 0.0% | -- |
| 01/22/2019 01/22/19 | For Rent | $3,750 | +7.1% | -- |
| 08/16/2017 08/16/17 | Rented | $3,500 | 0.0% | -- |
| 07/22/2017 07/22/17 | For Rent | $3,500 | -- | -- |
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 | $18,041 | $800,703 | $578,864 | $221,839 |
| 2024 | $18,041 | $1,410,000 | $1,120,400 | $289,600 |
| 2023 | $5,105 | $373,478 | $221,533 | $151,945 |
| 2022 | $4,800 | $366,156 | $217,190 | $148,966 |
| 2021 | $4,698 | $358,978 | $212,932 | $146,046 |
| 2019 | $4,628 | $348,332 | $206,617 | $141,715 |
| 2018 | $4,391 | $341,503 | $202,566 | $138,937 |
| 2016 | $4,027 | $328,244 | $194,701 | $133,543 |
| 2015 | $3,868 | $323,315 | $191,777 | $131,538 |
| 2014 | $3,844 | $316,983 | $188,021 | $128,962 |
Source: Public Records
Agents Affiliated with this Home
-
Philip DeMatteo
-
Michele Kreinheder
Buyer's Agent in 2023
Michele Kreinheder
Compass
(562) 243-2171
3 in this area
70 Total Sales
-
Jeff Anderson
Seller's Agent in 2019
Jeff Anderson
eXp Realty of California Inc
(562) 784-5241
13 in this area
299 Total Sales
-
Judy Pierce
Seller Co-Listing Agent in 2019
Judy Pierce
Keller Williams Coastal Prop.
(562) 494-4600
3 in this area
49 Total Sales
-
Susy Cabrera
S
Seller Co-Listing Agent in 2017
Susy Cabrera
eXp Realty of California Inc
(626) 536-2537
53 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23201224
APN: 7240-026-019
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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