Seller's Agent in 2018
Sophea Pel
RE/MAX
14 Total Sales
5551 Olive Ave Long Beach, CA 90805
Lindbergh NeighborhoodEstimated Value: $853,000 - $920,000
4
Beds
3
Baths
1,853
Sq Ft
$476/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Attic
- Private Yard
- Fireplace in Bathroom
- Granite Countertops
- No HOA
About This Home
As of June 2018GREAT opportunity to own this remodeled 2 detached homes on a lot with lots of upgrades/remodels for your family or as an investment. Owner added black security gates on the property. Front unit was remodeled in 2009 with new laminate floor throughout, new paint, tiles in bathroom and kitchen, and new appliances. Back unit has 2 stories built in 1987 and completely remodeled in 2012 with high quality paint throughout the house, laminate floors in all bedrooms, new bathroom/tub with updated vanity sink, new staircases, kitchen with new ceramic counter and backsplash. Back 2-story unit has extra space downstairs. There are too many other upgrades to list. This beautiful 2-homes on a lot will not last!
Last Agent to Sell the Property
RE/MAX College Park Realty License #01491556 Listed on: 05/19/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 4,965 Sq Ft Lot
- No Common Walls
- Paved or Partially Paved Lot
- Private Yard
- Lawn
- Front Yard
Parking
- 2 Car Garage
Home Design
- Duplex
- Split Level Home
- Shingle Roof
Interior Spaces
- 1,853 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Crown Molding
- Recessed Lighting
- Gas Fireplace
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room with Fireplace
- Den with Fireplace
- Bonus Room with Fireplace
- Attic
Kitchen
- Granite Countertops
- Tile Countertops
- Fireplace in Kitchen
Bedrooms and Bathrooms
- 4 Bedrooms
- All Upper Level Bedrooms
- 3 Bathrooms
- Fireplace in Bathroom
Laundry
- Laundry Room
- Laundry in Garage
- Laundry in Kitchen
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone, trash collection
- Tax Lot 83
- Tax Tract Number 5737
- Assessor Parcel Number 7127010024
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $800
- Trash Expense $300
- Water Sewer Expense $1,100
- New Taxes Expense $7,500
- Operating Expense $9,700
- Gross Income $2,500
- Net Operating Income $2,375
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 10, 2024
Sold by
Wofford Frederick and Wofford Patricia
Bought by
Wofford Family Trust and Wofford
Current Estimated Value
Purchase Details
Closed on
Feb 22, 2021
Sold by
Wofford Frederick and Wofford Patricia
Bought by
Wofford Frederick and Wofford Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,185
Interest Rate
3%
Mortgage Type
FHA
Purchase Details
Listed on
May 19, 2018
Closed on
Jun 1, 2018
Sold by
Pel Sophea
Bought by
Wofford Frederick
Seller's Agent
Sophea Pel
RE/MAX College Park Realty
Buyer's Agent
Jun Hoang
Realty Connection Group
List Price
$609,900
Sold Price
$585,000
Premium/Discount to List
-$24,900
-4.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Original Mortgage
$11,200
Interest Rate
4.6%
Mortgage Type
Second Mortgage Made To Cover Down Payment
Purchase Details
Closed on
Jul 2, 2004
Sold by
Ing Richard
Bought by
Pei Sophea
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 10, 2001
Sold by
Dina Vunaun Christopher and Dina Khuoth
Bought by
Vunaun Christopher
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7%
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 |
|---|---|---|---|
| Wofford Family Trust | -- | None Listed On Document | |
| Wofford Frederick | -- | Pacific Coast Title | |
| Wofford Frederick | $585,000 | Lawyers Title | |
| Pel Sophea | -- | Lawyers Title Company | |
| Pei Sophea | $410,000 | Commonwealth Land Title Co | |
| Vunaun Christopher | -- | Southland Title Corporation |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wofford Frederick | $592,185 | |
| Previous Owner | Pel Sophea | $11,200 | |
| Previous Owner | Wofford Frederick | $567,450 | |
| Previous Owner | Pei Sophea | $410,000 | |
| Previous Owner | Vunaun Christopher | $126,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/29/2018 06/29/18 | Sold | $585,000 | -4.1% | $316 / Sq Ft |
| 06/12/2018 06/12/18 | For Sale | $609,900 | +4.3% | $329 / Sq Ft |
| 05/31/2018 05/31/18 | Off Market | $585,000 | -- | -- |
| 05/19/2018 05/19/18 | For Sale | $609,900 | -- | $329 / 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 | $8,619 | $665,625 | $341,347 | $324,278 |
| 2024 | $8,619 | $652,574 | $334,654 | $317,920 |
| 2023 | $8,475 | $639,780 | $328,093 | $311,687 |
| 2022 | $7,960 | $627,236 | $321,660 | $305,576 |
| 2021 | $7,801 | $614,938 | $315,353 | $299,585 |
| 2020 | $7,781 | $608,634 | $312,120 | $296,514 |
| 2019 | $7,691 | $596,700 | $306,000 | $290,700 |
| 2018 | $6,331 | $502,265 | $275,633 | $226,632 |
| 2016 | $5,670 | $470,000 | $255,000 | $215,000 |
| 2015 | $4,903 | $415,000 | $225,000 | $190,000 |
| 2014 | $4,966 | $415,000 | $225,000 | $190,000 |
Source: Public Records
Agents Affiliated with this Home
-
Sophea Pel
-
Jun Hoang
Buyer's Agent in 2018
Jun Hoang
Realty Connection Group
(562) 253-2415
2 in this area
78 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW18118621
APN: 7127-010-024
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