NOT LISTED FOR SALE

Estimated Value: $2,284,000 - $2,475,480

4 Beds
3 Baths
2,592 Sq Ft
$919/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $2,070,000 $799 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $14,872/month

3 Days on Market

Highlights

  • Heated In Ground Pool
  • Primary Bedroom Suite
  • Maid or Guest Quarters
  • Minnie Gant Elementary School Rated A
  • Midcentury Modern Architecture
  • Property is near a park

About This Home

As of October 2021

Welcome home to Park Estates...introducing 5520 E El Parque. Fabulous sprawling single level mid-century modern ranch style home located along one of the most desired interior tree-lined streets of Park Estates. Custom zen inspired U-shaped floor plan features 4 spacious bedrooms and wraps around the park like backyard providing a focus on nature and the outdoors. Absolutely gorgeous landscape and hardscape design surrounds this architectural gem with Japanese Maple, weeping bamboo, and a wide variety of trees and tropical plants. Enter the formal entry to the formal living room/great room with dramatic picture window and fireplace. Formal dining room adjacent to the bright and sunny kitchen with chefs Thermador range, breakfast nook and fabulous beamed ceilings with views of the backyard. Wonderful family room with fireplace and bar area with floor to ceiling glass sliders opens to the backyard providing the ultimate indoor/outdoor lifestyle. Three spacious bedrooms and two baths along the East side of the property with the laundry room and 4th bedroom/guest quarters along the West wing. Newer cork floors throughout, brand new cedarlite roof, ducting, and HVAC. Southern exposure tropical paradise backyard has been completely renovated with brand new pool and spa, outdoor kitchen with Neapolitan pizza oven and Argentinian grill, huge grassy area, and hot/cold outdoor shower. Long, private gated driveway leads to two car garage with new concrete flooring. Excellent schools including Minnie Gant elementary, neighborhood park, and close to Alamitos Bay and the new 2nd & PCH.

Last Agent to Sell the Property

Kristi Faber-Vento

Compass License #01152209 Listed on: 09/08/2021

Compass

Co-Listed By

Carolyn Faber

Compass License #00948730

Last Buyer's Agent

Brandon Caldarella

First Team Real Estate License #01270581

First Team Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 10,695 Sq Ft Lot
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LBR1N

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 2,592 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Maid or Guest Quarters

Pool

  • Heated In Ground Pool
  • Spa

Schools

  • Minnie Gant Elementary School
  • Woodrow Wilson High School

Additional Features

  • Property is near a park
  • Central Heating and Cooling System

Community Details

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

Listing and Financial Details

  • Tax Lot 56
  • Tax Tract Number 14675
  • Assessor Parcel Number 7240014011
  • $491 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

HOA Fees

$11 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Park Estates (PE)
  • View: Yes
  • Zoning: LBR1N
  • Architectural Style: Mid Century Modern, Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7240014011
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2592.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 798.61
  • Room Type: All Bedrooms Down, Entry, Family Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Suite, Separate Family Room
  • Spa Features: Private

Exterior Features

  • View: Neighborhood
  • Pool Features: Private, Heated, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules
  • Association Fee: 11.00
  • Association Fee Frequency: Monthly
  • Association Name: Park Estates HOA
  • Phone: 562-498-3383
  • Senior Community: No
  • Community Features: Sidewalks
  • Association Management: Park Estates HOA

Schools

  • Elementary School: Minnie Gant
  • High School: Woodrow Wilson
  • Elementary School #2: MINGAN
  • High School2: WOOWIL

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Lot 10000-19999 Sqft, Park Nearby
  • Lot Size Sq Ft: 10695.00
  • Lot Size Acres: 0.2455

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10695.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5748.00
  • Tax Lot: 56
  • Tax Tract Number: 14675
  • TaxOtherAnnualAssessmentAmount: 491.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Oct 18, 2021
Sold by
Guglielmino Joseph and Guglielmino Paula Jorge
Bought by
Jenkins Adam and Jenkins Amardeep
Seller's Agent
Kristi Faber-Vento
Compass
Buyer's Agent
Brandon Caldarella
First Team Real Estate
List Price
$2,000,000
Sold Price
$2,070,000
Premium/Discount to List
$70,000
3.5%
Current Estimated Value
$2,383,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,120
Avg. Annual Appreciation
3.42%
Original Mortgage
$900,000
Outstanding Balance
$818,933
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,564,187

Purchase Details

Listed on
Apr 28, 2016
Closed on
May 9, 2016
Sold by
Warner Paul A and Warner Paul A
Bought by
Guglielmino Joseph and Guglielmino Paula Jorge
Seller's Agent
Rhonda Baskins
Coldwell Banker Realty
Buyer's Agent
Kristi Faber-Vento
Compass
List Price
$1,199,000
Sold Price
$1,250,000
Premium/Discount to List
$51,000
4.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%
Original Mortgage
$675,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 19, 2015
Sold by
Warner Paul A and Warner Barbara J
Bought by
Paul A Warner and Warner Revocab Barbara J

Purchase Details

Closed on
Dec 1, 2014
Sold by
Warner Paul A and Warner Barbara J
Bought by
Warner Paul A and Warner Barbara J

Purchase Details

Closed on
Nov 29, 2007
Sold by
Warner Paul A and Warner Barbara J
Bought by
Warner Pual A and Warner Barbara J
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
Jenkins Adam $2,070,000 Ticor Title
Guglielmino Joseph $1,250,000 Western Resources Title
Paul A Warner -- None Available
Warner Paul A $100,000 None Available
Warner Pual A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jenkins Adam $900,000
Previous Owner Guglielmino Joseph $675,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2021 10/20/21 Sold $2,070,000 +3.5% $799 / Sq Ft
09/12/2021 09/12/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $2,000,000 +60.0% $772 / Sq Ft
06/14/2016 06/14/16 Sold $1,250,000 +4.3% $482 / Sq Ft View Prior Sale
05/09/2016 05/09/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $1,199,000 -- $463 / 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 $28,505 $2,196,699 $1,631,925 $564,774
2024 $27,259 $2,153,627 $1,599,927 $553,700
2023 $26,812 $2,111,400 $1,568,556 $542,844
2022 $25,139 $2,070,000 $1,537,800 $532,200
2021 $17,320 $1,412,521 $1,019,824 $392,697
2020 $16,733 $1,353,038 $1,009,367 $343,671
2019 $16,538 $1,326,509 $989,576 $336,933
2018 $16,096 $1,300,500 $970,173 $330,327
2016 $5,128 $420,414 $286,030 $134,384
2015 $2,268 $170,920 $60,968 $109,952
2014 $2,181 $167,573 $59,774 $107,799
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21194584

California Regional Multiple Listing Service (CRMLS)

APN: 7240-014-011