NOT LISTED FOR SALE

Estimated Value: $1,647,000 - $1,788,000

3 Beds
2 Baths
1,984 Sq Ft
$873/Sq Ft Est. Value

Last Sold December 10, 2020

Last sale price $1,350,000 $680 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $10,901/month

7 Days on Market

Highlights

  • Updated Kitchen
  • Midcentury Modern Architecture
  • Cathedral Ceiling
  • Minnie Gant Elementary School Rated A
  • Property is near public transit
  • Wood Flooring

About This Home

As of December 2020

5590 Oleta Street is a charismatic Scandinavian Modern Home that rests quietly on a prominent knoll within the distinguished and tree-filled neighborhood of Park Estates. With walls of glass and its warm embrace around the central courtyard, the distinction between indoors and outdoors is blurred, and the result is a magical dream. Hygge delight is found in the glow of the fireplace, the beams of golden sunshine and the muted natural materials. Imagine a home where you walk through the grounds to access different rooms, where the indoors are as critical to your daily rhythm as the outdoors, where you can watch joyous souls climb the mystical magnolia tree that takes center stage. Not only is this home exceptionally special, but it is completely modernized: updated electrical, newer roof, tankless water heater, fresh AC, replaced sewer line, custom window treatments, modern landscaping, Fleetwood sliders, European light fixtures, Provenza oak flooring. As if this home were not already an A+, both bathrooms and the kitchen have received distinctly modern updates: soaking tub, rain shower, Waterworks tiles, quartz countertops, Wolf range, second Bosch wall oven, walk-in pantry, contemporary cabinetry. For additional details, including a 3D tour, please visit http://www.5590EastOleta.com/?mls

Last Agent to Sell the Property

Jeff Anderson

eXp Realty of California Inc License #01729514 Listed on: 10/29/2020

eXp Realty of California Inc

Co-Listed By

Torey Carrick

eXp Realty of California Inc License #01878468

Last Buyer's Agent

Douglas Kramer

Re/Max R. E. Specialists License #01374637

Re/Max R. E. Specialists

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,283

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 7,519 Sq Ft Lot
  • Wood Fence
  • Back and Front Yard

HOA Fees

  • $10 Monthly HOA Fees

Parking

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

Home Design

  • Midcentury Modern Architecture
  • Turnkey

Interior Spaces

  • 1,984 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Walk-In Pantry
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • Quartz Bathroom Countertops
  • Dual Sinks
  • Bathtub
  • Separate Shower

Additional Features

  • Concrete Porch or Patio
  • Property is near public transit
  • Central Heating and Cooling System

Community Details

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

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 15545
  • Assessor Parcel Number 7240025004

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,283

Year Built

Built in 1955 | Remodeled

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator, Washer, Dryer, Exterior Potted Plants
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Park Estates (PE)
  • View: Yes
  • Architectural Style: Mid Century Modern
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7240025004
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1984.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), High Ceilings, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 680.44
  • Room Type: Walk-In Pantry
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Quartz Counters, Remodeled, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Concrete, Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

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
  • Association Fee: 125.00
  • Association Fee Frequency: Annually
  • Association Name: Park Estates HOA
  • Phone: 562-498-3383
  • Senior Community: No
  • Community Features: Sidewalks
  • Association Management: Park Estates Hoa

Schools

  • School District: Long Beach Unified

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Near Public Transit
  • Lot Size Sq Ft: 7519.00
  • Lot Size Acres: 0.1726

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7519.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 26
  • Tax Tract Number: 15545

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2022
Sold by
Camacho Sean Eric
Bought by
Camacho Sean Eric and Camacho Kai Samio
Current Estimated Value
$1,732,542

Purchase Details

Listed on
Oct 29, 2020
Closed on
Nov 8, 2020
Sold by
Lipeles Aaron Louis and Lipeles Erin Anne
Bought by
Camacho Sean Eric and Camacho Jessica Reiko
Seller's Agent
Jeff Anderson
eXp Realty of California Inc
Buyer's Agent
Douglas Kramer
Re/Max R. E. Specialists
List Price
$1,250,000
Sold Price
$1,350,000
Premium/Discount to List
$100,000
8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Original Mortgage
$945,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2015
Sold by
Lipeles Aaron
Bought by
The 2015 Lipeles Family Trust

Purchase Details

Closed on
Aug 4, 2011
Sold by
Vanwinkle Ann and Ellertson Ann M
Bought by
Lipeles Aaron and Lipeles Erin

Purchase Details

Closed on
Jun 9, 1997
Sold by
Trust Olinger Duane V Co Tr Morgan Oling and Morgan Deann L
Bought by
Ellertson Jon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,400
Interest Rate
7.58%
Mortgage Type
Credit Line Revolving
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
Camacho Sean Eric -- None Listed On Document
Camacho Sean Eric $1,350,000 First American Title Company
The 2015 Lipeles Family Trust -- None Available
Lipeles Aaron $710,000 Provident Title Company
Ellertson Jon D $324,000 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Camacho Sean Eric $945,000
Previous Owner Lipeles Aaron $120,000
Previous Owner Ellertson Ann M $312,255
Previous Owner Ellertson Ann M $49,000
Previous Owner Ellertson Jon D $125,000
Previous Owner Ellertson Jon D $50,000
Previous Owner Ellertson Jon D $297,000
Previous Owner Ellertson Jon D $32,400
Previous Owner Ellertson Jon D $259,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2020 12/10/20 Sold $1,350,000 +8.0% $680 / Sq Ft
11/05/2020 11/05/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $1,250,000 -- $630 / 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 $18,283 $1,461,280 $1,121,831 $339,449
2024 $18,283 $1,432,629 $1,099,835 $332,794
2023 $17,983 $1,404,539 $1,078,270 $326,269
2022 $16,865 $1,377,000 $1,057,128 $319,872
2021 $16,547 $1,350,000 $1,036,400 $313,600
2020 $10,168 $815,433 $652,348 $163,085
2019 $10,048 $799,445 $639,557 $159,888
2018 $9,726 $783,770 $627,017 $156,753
2016 $8,939 $753,337 $602,670 $150,667
2015 $8,575 $742,022 $593,618 $148,404
2014 $8,508 $727,487 $581,990 $145,497
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20211542

California Regional Multiple Listing Service (CRMLS)

APN: 7240-025-004