NOT LISTED FOR SALE

Estimated Value: $759,000 - $821,000

3 Beds
2 Baths
1,188 Sq Ft
$667/Sq Ft Est. Value

Last Sold July 22, 2020

Last sale price $615,000 $518 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,025/month

8 Days on Market

Highlights

  • Updated Kitchen
  • Bonus Room
  • Quartz Countertops
  • Spanish Architecture
  • High Ceiling
  • No HOA

About This Home

As of July 2020

Welcome to 5556 Myrtle Ave in North Long Beach. Completely remodeled, this Spanish cottage was upgraded to perfection and sits on one of the largest lots in the neighborhood! The home features 3 bedrooms/2 bathrooms with a Master Ensuite; all new flooring; vaulted ceilings with all new lighting; separate formal dining room, brand new open concept kitchen kitchen with stainless-steel appliances and quartz countertops; beautifully remodeled bathrooms, Dual-pane, energy efficient windows; an expansive backyard perfect for kids and pets with all new sod and landscaping, and a single-car garage with a long driveway allowing plenty of parking for the entire family. The home also features the possibility of a second unit (ADU) with an additional bedroom and bathroom attached to the garage. Centrally located in North Long Beach, easy access to the 710 and 405 freeways, and just a 15 min drive to the beach! Welcome home!

Last Agent to Sell the Property

Tara Riggi

Y Realty License #01986173 Listed on: 05/26/2020

Last Buyer's Agent

Ricardo Melendrez

NTMR Holdings Inc. License #01965496

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,486

Year Built

  • Built in 1929 | Remodeled

Lot Details

  • 5,173 Sq Ft Lot
  • Back Yard
  • Property is zoned LBR1N

Parking

  • 1 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Spanish Architecture
  • Turnkey

Interior Spaces

  • 1,188 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Dining Room
  • Bonus Room
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Suburban Location
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 172
  • Tax Tract Number 5737
  • Assessor Parcel Number 7127012007

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,486

Year Built

Built in 1929 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • View: Yes
  • Zoning: LBR1N
  • Architectural Style: Spanish
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7127012007
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1188.00 Square Feet
  • Interior Amenities: High Ceilings
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 517.68
  • Room Type: Bonus Room, Master Bedroom
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5173.00
  • Lot Size Acres: 0.1188

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5173.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 5706.01
  • Tax Lot: 172
  • Tax Tract Number: 5737

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2020
Closed on
Jun 6, 2020
Sold by
Elmoro Holdings Llc
Bought by
Maldonado Carlos I and Maldonado Arden B
Seller's Agent
Tara Riggi
Y Realty
Buyer's Agent
Ricardo Melendrez
NTMR Holdings Inc.
List Price
$599,000
Sold Price
$615,000
Premium/Discount to List
$16,000
2.67%
Current Estimated Value
$792,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,546
Avg. Annual Appreciation
5.13%
Original Mortgage
$584,250
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2020
Closed on
Apr 14, 2020
Sold by
Rental & Associates Inc
Bought by
Elmoro Holdings Llc
Seller's Agent
Jaime Becerra
Re/Max Partners
Buyer's Agent
Tara Riggi
Y Realty
List Price
$429,900
Sold Price
$400,000
Premium/Discount to List
-$29,900
-6.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,250
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2020
Sold by
Nandino Naomi Lee and Nandino Family Trust
Bought by
Rental And Associates Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 21, 2019
Sold by
Nandino Henry R and Nandino Naomi L
Bought by
Nandino Naomi Lee and Nandino Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 2013
Sold by
Neese Larry D
Bought by
Nandino Henry R and Nandino Naomi L

Purchase Details

Closed on
Oct 9, 2007
Sold by
Neese Larry and Neese Lois
Bought by
Neese Larry D
Source: Public Records

Range of Values:

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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
Maldonado Carlos I $615,000 Ticor Title Company
Elmoro Holdings Llc $400,000 Stewart Title Of Ca Inc
Rental And Associates Inc $380,000 Stewart Title Of California
Nandino Naomi Lee -- Stewart Title Of Ca Inc
Nandino Naomi Lee -- None Available
Nandino Henry R -- Lawyers Title
Neese Larry D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maldonado Carlos I $584,250
Previous Owner Elmoro Holdings Llc $295,000
Previous Owner Elmoro Holdings Llc $360,000
Previous Owner Rental And Associates Inc $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2020 07/22/20 Sold $615,000 +2.7% $518 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $599,000 +49.8% $504 / Sq Ft
05/01/2020 05/01/20 Sold $400,000 -7.0% $337 / Sq Ft
03/17/2020 03/17/20 For Sale $429,900 -- $362 / 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 $8,486 $665,694 $462,739 $202,955
2024 $8,486 $652,642 $453,666 $198,976
2023 $8,345 $639,846 $444,771 $195,075
2022 $7,832 $627,300 $436,050 $191,250
2021 $7,680 $615,000 $427,500 $187,500
2020 $3,188 $236,140 $131,114 $105,026
2019 $3,152 $231,511 $128,544 $102,967
2018 $3,018 $226,973 $126,024 $100,949
2016 $2,776 $218,161 $121,131 $97,030
2015 $2,668 $214,885 $119,312 $95,573
2014 $2,655 $210,676 $116,975 $93,701
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20099959

California Regional Multiple Listing Service (CRMLS)

APN: 7127-012-007