Seller's Agent in 2014
Mark Wilson
Coldwell Banker Realty
(804) 304-8028
1 Total Sale
7 Paloma Ave Long Beach, CA 90803
Bluff Park NeighborhoodEstimated Value: $4,623,000
7
Beds
5
Baths
7,091
Sq Ft
$652/Sq Ft
Est. Value
Highlights
- Beach Front
- White Water Ocean Views
- Loft
- Woodrow Wilson High School Rated A
- 0.46 Acre Lot
- 5-minute walk to Junipero Beach/Long Beach City Beach
About This Home
As of April 2014Ocean Front Landmark 1913 Tudor Manor located in the heart of historical Bluff Park. An architectural masterpiece of over 7,000 square feet (taped). A total of 7 bedrooms and 5.5 baths, period details throughout including 4 fireplaces, hardwoods, spacious main floor with formal dining room, formal library, 'morning room', huge front porch with views of Catalina Island and sunsets all on almost a half acre. Once the hangout for Balboa film studio's stars of the day from Fatty Arbuckle and Mary Pickford to Clark Gable and Carole Lombard where it is said they began their affair. The head of Balboa Film Studios H.M Horkheimer live just down the street. During World War II the stately manor was divided into 3 spacious living spaces currently rented as private apartments plus a 3 floor loft (not permitted). Also known as 3065 E. Ocean Blvd. STANDARD SALE! Call for details today!
Last Agent to Sell the Property
Coldwell Banker Realty License #00993746 Listed on: 01/31/2014
Home Details
Home Type
- Single Family
Year Built
- Built in 1913
Lot Details
- 0.46 Acre Lot
- Beach Front
- Corner Lot
Parking
- 2 Car Garage
Property Views
- White Water Ocean
- Coastline
- Views of a pier
- Catalina
- Bluff
Interior Spaces
- 7,091 Sq Ft Home
- 3-Story Property
- Living Room with Fireplace
- Loft
- Laundry Room
- Basement
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Full Bathrooms
Utilities
- Gravity Heating System
- Sewer Not Available
Community Details
- No Home Owners Association
- Laundry Facilities
Listing and Financial Details
- Tax Lot 12
- Tax Tract Number 7264
- Assessor Parcel Number 7264016012
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 31, 2014
Closed on
Apr 4, 2014
Sold by
Weinberg Israel and Weimberg Molly
Bought by
3065 Weathering Heights Llc
Seller's Agent
Mark Wilson
Coldwell Banker Realty
Buyer's Agent
Todd Hawke
Keller Williams Realty Downey
List Price
$2,750,000
Sold Price
$2,500,000
Premium/Discount to List
-$250,000
-9.09%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,123,000
Original Mortgage
$1,500,000
Outstanding Balance
$1,116,318
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Jan 31, 2014
Closed on
Mar 10, 2014
Sold by
Fadgen Laurie J and 2001 Laurie J Fadgen Revocable
Bought by
Weinberg Israel and Weinberg Molly
Seller's Agent
Mark Wilson
Coldwell Banker Realty
Buyer's Agent
Todd Hawke
Keller Williams Realty Downey
List Price
$2,750,000
Sold Price
$2,500,000
Premium/Discount to List
-$250,000
-9.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,116,318
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jan 3, 2008
Sold by
Fadgen Laurie J
Bought by
Fadgen Laurie J and 2001 Laurie J Fadgen Revocable
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
6.15%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 26, 2001
Sold by
Fadgen Thomas W and Fadgen Laurie J
Bought by
Fadgen Thomas W and Fadgen Laurie J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 3065 Weathering Heights Llc | -- | Accommodation | |
| Weinberg Israel | $2,500,000 | Old Republic Title Company | |
| Fadgen Laurie J | -- | Fnt | |
| Fadgen Thomas W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Weinberg Israel | $1,500,000 | |
| Previous Owner | Fadgen Laurie J | $1,300,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/09/2014 04/09/14 | Sold | $2,500,000 | -9.1% | $353 / Sq Ft |
| 02/14/2014 02/14/14 | Pending | -- | -- | -- |
| 01/31/2014 01/31/14 | For Sale | $2,750,000 | -- | $388 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $37,905 | $2,957,256 | $2,368,118 | $589,138 |
| 2022 | $35,562 | $2,899,272 | $2,321,685 | $577,587 |
| 2021 | $34,883 | $2,842,424 | $2,276,162 | $566,262 |
| 2019 | $34,388 | $2,758,367 | $2,208,650 | $549,717 |
| 2018 | $33,441 | $2,704,288 | $2,165,344 | $538,944 |
| 2016 | $31,223 | $2,599,039 | $2,081,262 | $517,777 |
| 2015 | $29,385 | $2,549,950 | $2,039,960 | $509,990 |
| 2014 | $5,545 | $424,024 | $316,615 | $107,409 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Wilson
-
Todd Hawke
Buyer's Agent in 2014
Todd Hawke
Keller Williams Realty Downey
(310) 774-3746
10 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW14021014
APN: 7264-016-012
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