NOT LISTED FOR SALE

Estimated Value: $735,000 - $771,000

4 Beds
2 Baths
1,527 Sq Ft
$492/Sq Ft Est. Value

Last Sold August 22, 2024

Last sale price $712,000 $466 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,181/month

17 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 1 Car Garage
  • Spanish Architecture
  • Covered Patio or Porch
  • Country Kitchen

About This Home

As of August 2024

Welcome to 5885 Olive Ave, a charming slice of California Spanish-inspired architecture combined with an addition nestled in the heart of North Long Beach. This 4-bedroom, 1 3/4-bathroom home offering comfort and style to its fortunate residents. Upon entering, you are greeted by the warmth of a timeless living room, fireplace and dining area that flows seamlessly into a country kitchen, adding character. The home's common area interior has classic character with an inviting atmosphere that welcomes you in. With a 4 bedroom 'stacked' layout offering comfortable accommodations, each creating sanctuaries for rest and relaxation. With a covered rear patio, a spacious fenced backyard offering endless possibilities for gardening, entertaining, or simply soaking up the California sunshine. The detached over-sized 1-car garage provides convenient parking, additional storage space and laundry. Conveniently located in North Long Beach, this residence offers easy access to a variety of local amenities, including shops, restaurants, parks, and more. 5885 Olive Ave is a truly exceptional place to call home. Don't miss your chance to experience the best of Long Beach living!

Last Agent to Sell the Property

David Manley

Allison James Estates & Homes License #02133571 Listed on: 07/12/2024

Allison James Estates & Homes

Last Buyer's Agent

David Manley

Allison James Estates & Homes License #02133571 Listed on: 07/12/2024

Allison James Estates & Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,111

Year Built

  • Built in 1928

Lot Details

  • 5,029 Sq Ft Lot
  • Lot Dimensions are 40x125
  • East Facing Home
  • Wood Fence
  • Level Lot
  • Property is zoned LBR1N

Parking

  • 1 Car Garage
  • 1 Open Parking Space
  • 1 Carport Space
  • Driveway

Home Design

  • Spanish Architecture
  • Additions or Alterations
  • Flat Roof Shape
  • Raised Foundation
  • Slab Foundation
  • Plaster Walls
  • Clay Roof
  • Stucco

Interior Spaces

  • 1,527 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Window Screens
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Country Kitchen
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Laminate Countertops

Flooring

  • Wood
  • Wood Under Carpet
  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Shed

Location

  • City Lot

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Shared Water Source
  • Gas Water Heater
  • Phone System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7124-031-014
  • $12,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,111

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: A California Spanish-inspired architecture combined with an addition nestled in the heart of North Long Beach. This 4-bedroom, 1 3/4-bathroom home offering comfort and style to its fortunate residents. Upon entering, you are greeted by the warmth of a timeless living room, fireplace and dining area that flows seamlessly into a country kitchen, adding character. The home's common area interior has classic character with an inviting atmosphere that welcomes you in. With a 4 bedroom 'stacked' layout offering comfortable accommodations, each creating sanctuaries for rest and relaxation. With a covered rear patio, a spacious fenced backyard offering endless possibilities for gardening, entertaining, or simply soaking up the California sunshine. The detached over-sized 1-car garage provides convenient parking, additional storage space and laundry. Call Listing Agent for immediate access.
  • Entry Location: Ground Level w/steps
  • Living Area: 1527
  • Lot Acreage: 0.1154
  • Lot Dimensions: 40x125
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Additions/Alter
  • Stories: 1
  • Year Built: 1928
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Phone System, Plaster Walls, Storage Space
  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Linoleum, Wood, Tile, Wood Under Carpet
  • Appliances: Cooktop - Gas, Oven-Gas, Range Hood
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Down
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub, Shower Stall, Tile
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Country Kitchen, Dining Area
  • Kitchen Features: Laminate Counters
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dryer, Gas Dryer Hookup, Phone System, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 470.86
  • Windows: Drapes/Curtains, Screens

Exterior Features

  • Direction Faces: East
  • Construction: Stucco
  • Other Structures: Shed(s)
  • Foundation Details: Raised, Slab
  • Fence: Wood
  • Patio: Covered, Covered Porch
  • Pool: No
  • Roof: Clay, Flat
  • Spa Yn: No
  • View: No

Garage/Parking

  • Carport Spaces: 1
  • Garage Spaces: 1
  • Other Spaces: 1
  • Covered Parking: 2
  • Parking Garage: Carport, Driveway, Garage Is Detached
  • Total Parking: 1

Utilities

  • TV Svcs: Cable TV
  • Water District: Long Beach
  • Water Heater: Gas, Water Heater Unit
  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Wall
  • Sewer: In Connected and Paid
  • Water: Mutual Water Source

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Long Beach Unified

Lot Info

  • Horses: No
  • Assessor Parcel Number: 7124-031-014
  • Lot Description: Lot-Level/Flat
  • Lot Location: City
  • Lot Size Area: 5029

Rental Info

  • Land Lease Purchase Yn: No

MLS Schools

  • School District: Long Beach Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Aug 8, 2024
Sold by
Frank W Tisue And Diane M Tisue Living T and Larson Debra
Bought by
Kasom Abdulrozaq and Kasom Toni Lande
Seller's Agent
David Manley
Allison James Estates & Homes
Buyer's Agent
David Manley
Allison James Estates & Homes
List Price
$719,000
Sold Price
$712,000
Premium/Discount to List
-$7,000
-0.97%
Views
74
Current Estimated Value
$751,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,829
Avg. Annual Appreciation
5.43%
Original Mortgage
$640,500
Outstanding Balance
$634,426
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$117,403
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
Kasom Abdulrozaq $712,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kasom Abdulrozaq $640,500
Previous Owner Tisue Frank W $864,000
Previous Owner Tisue Diane M $864,000
Previous Owner Tisue Frank W $435,478
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2024 08/22/24 Sold $712,000 -1.0% $466 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $719,000 -- $471 / Sq Ft
Source: The MLS

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 $1,111 $712,000 $580,500 $131,500
2024 $1,111 $68,670 $19,914 $48,756
2023 $1,091 $67,324 $19,524 $47,800
2022 $1,035 $66,005 $19,142 $46,863
2021 $1,004 $64,712 $18,767 $45,945
2019 $988 $62,794 $18,211 $44,583
2018 $888 $61,563 $17,854 $43,709
2016 $806 $59,173 $17,161 $42,012
2015 $778 $58,285 $16,904 $41,381
2014 $781 $57,144 $16,573 $40,571
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-409775

The MLS

APN: 7124-031-014