NOT LISTED FOR SALE

5701 Madrid Ln Long Beach, CA 90814

Naples Neighborhood

Estimated Value: $1,399,000 - $1,517,000

3 Beds
3 Baths
2,361 Sq Ft
$620/Sq Ft Est. Value

Last Sold June 29, 2022

Last sale price $1,265,000 $536 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $9,402/month

7 Days on Market

Highlights

  • Cathedral Ceiling
  • Main Floor Bedroom
  • Corner Lot
  • Lowell Elementary School Rated A-
  • Mediterranean Architecture
  • 2 Car Attached Garage

About This Home

As of June 2022

Located within the prestigious gated community of Del Lago, this home offers peaceful indoor/outdoor living from the front courtyard entry to several Patios with lush landscaping. Gourmet Kitchen has granite counters, stainless steel appliances, lots of storage with pull out shelves and a cozy Breakfast Room with Courtyard access. Spacious Dining Room with French Doors to a side Patio flows into the step-down Living Room with Fireplace, stunning Cathedral Ceilings and 2 sets of French Doors to the backyard Patio. The Family Room/Den offers another Fireplace and tray ceilings. A spacious Bedroom with an En Suite full bath completes the main level. Upstairs you will find 2 Master Suites with their own private Bath, One has a spacious Walk-In Closet, and the other has 3 separate closets with mirrored closet doors, Cathedral Ceilings, a Skylight, and a Laundry Room. Great Location close to Marina Pacifica Shopping Center, Bixby Village Golf Course, 2nd & PCH, CSULB, Marine Stadium Park ,the Sims Pond Reserve and great schools.
This Home is a MUST SEE!

Last Agent to Sell the Property

Claudia Wasser

Century 21 Affiliated License #00605338 Listed on: 05/24/2022

Century 21 Affiliated

Last Buyer's Agent

Claudia Wasser

Century 21 Affiliated License #00605338 Listed on: 05/24/2022

Century 21 Affiliated

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • 4,121 Sq Ft Lot
  • Corner Lot
  • Property is zoned LBPD1

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Planned Development
  • Spanish Tile Roof

Interior Spaces

  • 2,361 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Utilities

  • Central Heating
  • Sewer Paid

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 43
  • Tax Tract Number 32868
  • Assessor Parcel Number 7246015056

Community Details

Overview

  • Del Lago Community HOA, Phone Number (714) 285-2626
  • The Management Trust HOA
  • Del Lago Subdivision

Recreation

  • Bike Trail

Security

  • Controlled Access

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

0

HOA Fees

$220 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Del Lago (DL)
  • View: No
  • Zoning: LBPD1
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7246015056
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2361.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Tray Ceiling(s)
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 535.79
  • Room Type: Family Room, Laundry, Main Floor Bedroom, Separate Family Room

Exterior Features

  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 8819
  • Amenities: Controlled Access
  • Association Fee: 220.00
  • Association Fee Frequency: Monthly
  • Association Name: DEl Lago Community HOA
  • Phone: 714-285-2626
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Sidewalks, Street Lights, Suburban
  • Association Management: The Management Trust

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 4121.00
  • Lot Size Acres: 0.0946

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4121.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5776.05
  • Tax Lot: 43
  • Tax Tract Number: 32868

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2003
Sold by
Babb Louise
Bought by
Babb Louise and The Babb Family Trust
Current Estimated Value
$1,490,893

Purchase Details

Closed on
Mar 11, 2003
Sold by
Babb Louise
Bought by
Babb Louise and The Babb 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
$250,000
Interest Rate
4.75%

Purchase Details

Closed on
Jan 29, 2003
Sold by
Smith Jeffrey Allison
Bought by
Babb Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.75%

Purchase Details

Closed on
Dec 16, 2002
Sold by
Smith Jeffrey Allison
Bought by
Smith Jeffrey Allison and Jeffrey Allison Smith 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
$250,000
Interest Rate
4.75%

Purchase Details

Closed on
Jan 4, 1999
Sold by
Smith Jeffrey A
Bought by
Smith Jeffrey Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,650
Interest Rate
6.63%

Purchase Details

Closed on
Nov 8, 1995
Sold by
Smith Jeffrey Allison
Bought by
Smith Jeffrey Allison and Jeffrey Allison Smith Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Babb Louise -- --
Babb Louise -- Chicago Title Co
Babb Louise $650,000 Chicago Title Co
Smith Jeffrey Allison -- --
Smith Jeffrey Allison -- Southland Title Corporation
Smith Jeffrey Allison -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Babb Louise $250,000
Previous Owner Smith Jeffrey Allison $345,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2022 06/29/22 Sold $1,265,000 +1.3% $536 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $1,249,000 -- $529 / 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 $16,732 $1,342,426 $1,073,941 $268,485
2024 $16,732 $1,316,105 $1,052,884 $263,221
2023 $16,457 $1,290,300 $1,032,240 $258,060
2022 $10,859 $887,108 $420,351 $466,757
2021 $10,618 $869,714 $412,109 $457,605
2020 $10,589 $860,797 $407,884 $452,913
2019 $10,464 $843,920 $399,887 $444,033
2018 $10,189 $827,374 $392,047 $435,327
2016 $9,361 $795,248 $376,824 $418,424
2015 $8,978 $783,303 $371,164 $412,139
2014 $8,908 $767,960 $363,894 $404,066
Source: Public Records

Agents Affiliated with this Home

  • Claudia Wasser

    Seller's Agent in 2022

    Claudia Wasser

    Century 21 Affiliated

    (714) 349-6619

    1 in this area

    21 Total Sales

    Claudia Wasser
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22109719

California Regional Multiple Listing Service (CRMLS)

APN: 7246-015-056

California Los Angeles County Long Beach 90814 Naples

5701 Madrid Ln, Long Beach, CA

Not Listed for Sale

Detached

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