NOT LISTED FOR SALE

7054 Olive Ave Long Beach, CA 90805

Hamilton Neighborhood

Estimated Value: $764,000 - $807,000

3 Beds
2 Baths
1,646 Sq Ft
$477/Sq Ft Est. Value

Last Sold March 07, 2019

Last sale price $502,000 $305 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,875/month

11 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Bedroom
  • Granite Countertops
  • Wood Flooring
  • Great Room with Fireplace
  • Lawn

About This Home

As of March 2019

Located in the highly desirable Hamilton neighborhood in Long Beach. This 3 bedroom, 2 bath home has over 1600 square feet and includes a great room. This property has been tastefully updated. Kitchen has granite counter-tops, newer cabinets, water purification system, and breakfast nook area. Hardwood floors in several rooms and carpeting. Home also includes double pane windows, central air and heat, with tank-less water heater. Master bedroom located in back of house has large walk-in closet and ample privacy. Great room has gas burning fireplace and wet bar for entertaining. Sliders go to large backyard perfect for gardening and guests. Property also features one car garage plus driveway parking. Great location with easy access to the 91 and 710 freeways.

Last Agent to Sell the Property

Scott Chapman

Coldwell Banker Realty License #01389775 Listed on: 01/24/2019

Coldwell Banker Realty

Last Buyer's Agent

Scott Chapman

Coldwell Banker Realty License #01389775 Listed on: 01/24/2019

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,154

Year Built

  • Built in 1942

Lot Details

  • 5,750 Sq Ft Lot
  • West Facing Home
  • Level Lot
  • Front and Back Yard Sprinklers
  • Lawn
  • Garden
  • Back and Front Yard
  • Property is zoned LBR1N

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Traditional Architecture
  • Bungalow
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,646 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Separate Family Room
  • Combination Dining and Living Room
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Free-Standing Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Open Patio
  • Exterior Lighting

Location

  • Suburban Location

Schools

  • Grant Elementary School
  • Hamilton Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Tankless Water Heater
  • Water Purifier
  • Sewer Paid
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7101026018

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,154

Year Built

Built in 1942

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Inclusions: stove, water filter system
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Hamilton
  • View: Yes
  • Zoning: LBR1N
  • Architectural Style: Bungalow, Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7101026018
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1646.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Kitchen, In Living Room
  • Fireplace Features: Gas, Great Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 304.98
  • Room Type: Great Room, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Separate Family Room, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • View: Neighborhood
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Cooktop, Tankless Water Heater, Water Purifier
  • Electric: Electricity - On Property
  • Heating Type: Central, Forced Air, Natural Gas, Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Long Beach Unified
  • Elementary School: Grant
  • Middle School: Hamilton
  • Elementary School: Grant
  • Middle Or Junior School: Hamilton
  • Elementary School #2: GRANT

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Lawn, Level with Street, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 5750.00
  • Lot Size Acres: 0.1320

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5750.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5702.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2020
Sold by
Herstad Stephanie Rose and Herstad Rachel C
Bought by
Herstad Stephanie Rose and Herstad Rachel C
Current Estimated Value
$785,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$482,726
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2019
Closed on
Feb 20, 2019
Sold by
Abelquist Paul W and The Paul And Nanci Abelquist
Bought by
Johnson Stephanie Rose and Herstad Rachel Carmen
Seller's Agent
Scott Chapman
Coldwell Banker Realty
Buyer's Agent
Scott Chapman
Coldwell Banker Realty
List Price
$499,000
Sold Price
$502,000
Premium/Discount to List
$3,000
0.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$484,350
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2012
Sold by
Abelquist Paul W and Abelquist Nanci S
Bought by
Abelquist Paul W and Abelquist Nanci S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,640
Interest Rate
3.63%
Mortgage Type
VA

Purchase Details

Closed on
Nov 21, 2011
Sold by
Abelquist Paul W
Bought by
Abelquist Paul W and Abelquist Nanci S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,395
Interest Rate
3.94%
Mortgage Type
VA

Purchase Details

Closed on
Nov 14, 2011
Sold by
Valles Daniel David and Valles Carina Marie
Bought by
Abelquist Paul W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,395
Interest Rate
3.94%
Mortgage Type
VA

Purchase Details

Closed on
Jun 30, 2011
Sold by
Valles Margaret B
Bought by
Valles Daniel David and Valles Carina Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2006
Sold by
Valles Daniel J and Valles Margaret B
Bought by
Valles Daniel J

Purchase Details

Closed on
Jul 26, 2006
Sold by
Valles Daniel J and Valles Margaret B
Bought by
Valles Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.75%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Herstad Stephanie Rose -- None Available
Johnson Stephanie Rose $502,000 First American Title Co
Abelquist Paul W -- Accommodation
Abelquist Paul W -- Lawyers Title
Abelquist Paul W -- None Available
Abelquist Paul W -- Orange Coast Title
Abelquist Paul W $315,000 Orange Coast Title
Valles Daniel David -- Fidelity National Title Co
Valles Daniel J -- Accommodation
Valles Daniel J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herstad Stephanie Rose $476,000
Previous Owner Herstad Stephanie Rose $482,726
Previous Owner Johnson Stephanie Rose $484,350
Previous Owner Abelquist Paul W $326,640
Previous Owner Abelquist Paul W $325,395
Previous Owner Valles Daniel David $246,000
Previous Owner Valles Daniel J $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2019 03/07/19 Sold $502,000 +0.6% $305 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
01/24/2019 01/24/19 For Sale $499,000 -- $303 / 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 $7,154 $559,986 $415,417 $144,569
2024 $7,154 $549,007 $407,272 $141,735
2023 $7,039 $538,243 $399,287 $138,956
2022 $6,614 $527,690 $391,458 $136,232
2021 $6,485 $517,344 $383,783 $133,561
2020 $6,551 $512,040 $379,848 $132,192
2019 $1,685 $362,417 $158,874 $203,543
2018 $4,516 $355,311 $155,759 $199,552
2016 $4,146 $341,515 $149,711 $191,804
2015 $3,979 $336,386 $147,463 $188,923
2014 $3,951 $329,798 $144,575 $185,223
Source: Public Records

Agents Affiliated with this Home

  • Scott Chapman

    Seller's Agent in 2019

    Scott Chapman

    Coldwell Banker Realty

    (562) 572-2275

    56 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19017212

California Regional Multiple Listing Service (CRMLS)

APN: 7101-026-018

California Los Angeles County Long Beach 90805 Hamilton

7054 Olive Ave, Long Beach, CA

This home is located at 7054 Olive Ave, Long Beach, CA 90805 since 24 January 2019 and is currently estimated at $785,365, approximately $477 per square foot. This property was built in 1942. 7054 Olive Ave is a home located in Los Angeles County with nearby schools including Grant Elementary School, Hamilton Middle School, 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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