NOT LISTED FOR SALE

5980 Olive Ave Long Beach, CA 90805

Houghton Park Neighborhood

Estimated Value: $700,000 - $779,195

3 Beds
2 Baths
1,118 Sq Ft
$657/Sq Ft Est. Value

Last Sold February 25, 2020

Last sale price $485,000 $434 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,483/month

14 Days on Market

Highlights

  • Traditional Architecture
  • Lawn
  • Rear Porch
  • Granite Countertops
  • No HOA
  • Bathtub

About This Home

As of February 2020

Great starter home with lots of character. Laminate flooring throughout, remodeled newer kitchen with granite countertops; newer roof ---you must see to appreciate it. Large master bathroom with large shower. Great location, close to the 91/710 near Jordan High, park, and shopping. Storage at the far rear behind the garage. Long driveway allows for a couple cars or, RV, boat, etc.

Last Agent to Sell the Property

Jeff Cossio

Grand Avenue Realty & Lending License #01503782 Listed on: 01/10/2020

Last Buyer's Agent

Jeff Cossio

Grand Avenue Realty & Lending License #01503782 Listed on: 01/10/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,873

Year Built

  • Built in 1941

Lot Details

  • 5,134 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Lawn
  • Front Yard
  • Property is zoned LBR1N

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,118 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rear Porch

Schools

  • Halldale Elementary School
  • Lindbergh Middle School
  • Jordan High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 3 / 9
  • Tax Tract Number 6521
  • Assessor Parcel Number 7124019003

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,873

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Zoning: LBR1N
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7124019003
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1118.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 433.81
  • Room Type: All Bedrooms Down
  • Window Features: Blinds
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Rear Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Long Beach Unified
  • Elementary School: Halldale
  • Middle School: Lindbergh
  • High School: Jordan
  • Elementary School: Halldale
  • High School: Jordan
  • Middle Or Junior School: Lindbergh
  • Elementary School #2: HALLDA
  • High School2: JORDAN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Paved
  • Lot Size Sq Ft: 5134.00
  • Lot Size Acres: 0.1179

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5134.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 9
  • Tax Census Tract: 5705.01
  • Tax Lot: 3
  • Tax Tract Number: 6521

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2020
Closed on
Feb 14, 2020
Sold by
Kha Hong
Bought by
Thomas Cole Christian Mauro and Fox Susan Kathleen
Seller's Agent
Jeff Cossio
Grand Avenue Realty & Lending
Buyer's Agent
Jeff Cossio
Grand Avenue Realty & Lending
List Price
$450,000
Sold Price
$485,000
Premium/Discount to List
$35,000
7.78%
Current Estimated Value
$734,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,549
Avg. Annual Appreciation
7.68%
Original Mortgage
$470,450
Outstanding Balance
$416,551
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$317,998

Purchase Details

Closed on
Jan 3, 2018
Sold by
Kha Hong
Bought by
Kha Hong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2015
Sold by
Kha Hong
Bought by
Kha Hong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2003
Sold by
Kwong Kristy
Bought by
Kha Hung

Purchase Details

Closed on
Aug 22, 2002
Sold by
Kha Hung
Bought by
Kwong Kristy

Purchase Details

Closed on
Jul 18, 1996
Sold by
Kha Man Le
Bought by
Kha Hung

Purchase Details

Closed on
Sep 1, 1994
Sold by
Hoang Quyen
Bought by
Kha Man Le

Purchase Details

Closed on
Nov 30, 1993
Sold by
Royal William Clyde
Bought by
Hoang Quyen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,400
Interest Rate
7.19%

Purchase Details

Closed on
Aug 12, 1993
Sold by
Trese Claudeen Royal Kochsmeier
Bought by
Royal William Clyde
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
Thomas Cole Christian Mauro $485,000 Ticor Ttl Orange Cnty Branch
Kha Hong -- Fidelity National Title Comp
Kha Hong -- Fidelity National Title Comp
Kha Hong -- Fidelity National Title
Kha Hung -- --
Kwong Kristy -- Stewart Title
Kha Hung -- --
Kha Man Le -- Benefit Land Title Co
Hoang Quyen $126,000 North American Title
Royal William Clyde -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Cole Christian Mauro $470,450
Previous Owner Kha Hong $225,000
Previous Owner Kha Hong $180,000
Previous Owner Hoang Quyen $113,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2020 02/25/20 Sold $485,000 +7.8% $434 / Sq Ft
01/24/2020 01/24/20 For Sale $450,000 -7.2% $403 / Sq Ft
01/24/2020 01/24/20 Off Market $485,000 -- --
01/10/2020 01/10/20 For Sale $450,000 -- $403 / 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 $6,873 $530,415 $424,333 $106,082
2024 $6,873 $520,015 $416,013 $104,002
2023 $6,759 $509,819 $407,856 $101,963
2022 $6,348 $499,823 $399,859 $99,964
2021 $6,224 $490,023 $392,019 $98,004
2020 $3,969 $305,496 $214,501 $90,995
2019 $3,922 $299,507 $210,296 $89,211
2018 $3,734 $293,635 $206,173 $87,462
2016 $3,433 $282,235 $198,168 $84,067
2015 $3,296 $277,997 $195,192 $82,805
2014 $3,276 $272,552 $191,369 $81,183
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jeff Cossio

    Grand Avenue Realty & Lending

    (714) 392-5803

    12 Total Sales

    Jeff Cossio
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20007297

California Regional Multiple Listing Service (CRMLS)

APN: 7124-019-003

California Los Angeles County Long Beach 90805 Houghton Park

5980 Olive Ave, Long Beach, CA

This home is located at 5980 Olive Ave, Long Beach, CA 90805 since 10 January 2020 and is currently estimated at $734,549, approximately $657 per square foot. This property was built in 1941. 5980 Olive Ave is a home located in Los Angeles County with nearby schools including Bret Harte Elementary School, Lindbergh STEM Academy, and Jordan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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