Seller's Agent in 2016
Rochelle Kramer
RE/MAX
(949) 861-1008
32 in this area
53 Total Sales
7218 E Premium St Long Beach, CA 90808
Rancho Estates NeighborhoodEstimated Value: $1,153,227 - $1,339,000
3
Beds
2
Baths
1,130
Sq Ft
$1,134/Sq Ft
Est. Value
Highlights
- Fishing
- Open Floorplan
- Modern Architecture
- Cubberley K-8 Rated A-
- Deck
- L-Shaped Dining Room
About This Home
As of April 2016Designed by renowned architect Cliff May and built in 1953 in Phase II of the Rancho Estates, this exceptional midcentury modern ranch home features three bedrooms and two bathrooms in 1,130 square feet of living area. The interior was extensively remodeled and features a beautifully designed open kitchen with quartz countertops, custom birch cabinetry, glass mosaic backsplash, and stainless steel appliances. The exterior grounds were also extensively reimagined by a professional design team and feature a sunken fire pit/seating area, a wood deck with built in canvas shades, a water feature with solar powered circulation pump, and drought resistant landscaping with automatic drip line irrigation. This well maintained Rancho has all original Cliff May designed doors and windows intact, as well original interior features such as Mistlite glass dividers in the dining area and jack-and-jill bedrooms and birch paneling. This home is located in a quiet and desirable interior location within the Rancho Estates community, which is bordered to the south and east by 800 acre El Dorado Park and Nature Preserve.
Last Agent to Sell the Property
Re/Max R. E. Specialists License #01392260 Listed on: 03/04/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,447
Year Built
- Built in 1953
Lot Details
- 5,900 Sq Ft Lot
- Drip System Landscaping
- Back and Front Yard
Parking
- 2 Car Attached Garage
- Parking Available
- Front Facing Garage
- Driveway
Home Design
- Ranch Style House
- Modern Architecture
- Slab Foundation
- Wood Siding
Interior Spaces
- 1,130 Sq Ft Home
- Open Floorplan
- Beamed Ceilings
- Living Room with Fireplace
- L-Shaped Dining Room
- Courtyard Views
Kitchen
- Breakfast Bar
- Gas Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Jack-and-Jill Bathroom
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Electric Dryer Hookup
Outdoor Features
- Deck
- Wood Patio
- Exterior Lighting
Location
- Suburban Location
Utilities
- Forced Air Heating and Cooling System
- 220 Volts in Garage
Listing and Financial Details
- Tax Lot 187
- Tax Tract Number 17558
- Assessor Parcel Number 7079011013
Community Details
Overview
- No Home Owners Association
- Property is near a preserve or public land
Recreation
- Fishing
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 4, 2016
Closed on
Mar 9, 2016
Sold by
Morris Merritt J
Bought by
Clausen Christopher W and Young Nichole M
Seller's Agent
Rochelle Kramer
Re/Max R. E. Specialists
Buyer's Agent
Douglas Kramer
Re/Max R. E. Specialists
List Price
$775,000
Sold Price
$768,000
Premium/Discount to List
-$7,000
-0.9%
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
$513,807
Avg. Annual Appreciation
5.20%
Original Mortgage
$443,000
Outstanding Balance
$351,242
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$888,142
Purchase Details
Closed on
Oct 5, 2011
Sold by
Morris Merritt J and Morris Sean Michael
Bought by
Morris Merritt J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
2.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 19, 2008
Sold by
Hoover Aaron and Hoover Marybeth
Bought by
Johnson Merritt H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 5, 2007
Sold by
Berg Lawrence W and The Mcbride Trust
Bought by
Hoover Aaron and Hoover Marybeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,900
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 21, 2001
Sold by
Mcbride Cecilia B
Bought by
Mcbride Cecilia B and Mcbride Trust
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 |
|---|---|---|---|
| Clausen Christopher W | $768,000 | First American Title Company | |
| Morris Merritt J | -- | Lsi | |
| Johnson Merritt H | $620,000 | Ticor Title Company | |
| Hoover Aaron | $599,000 | Old Republic Title Company | |
| Mcbride Cecilia B | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Clausen Christopher W | $443,000 | |
| Previous Owner | Morris Merritt J | $417,000 | |
| Previous Owner | Johnson Merritt H | $417,000 | |
| Previous Owner | Hoover Aaron E | $59,900 | |
| Previous Owner | Hoover Aaron | $479,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2016 04/07/16 | Sold | $768,000 | -0.9% | $680 / Sq Ft |
| 03/14/2016 03/14/16 | Pending | -- | -- | -- |
| 03/04/2016 03/04/16 | For Sale | $775,000 | -- | $686 / 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 |
|---|---|---|---|---|
| 2025 | $11,447 | $909,150 | $591,896 | $317,254 |
| 2024 | $11,447 | $891,325 | $580,291 | $311,034 |
| 2023 | $11,264 | $873,849 | $568,913 | $304,936 |
| 2022 | $10,570 | $856,715 | $557,758 | $298,957 |
| 2021 | $10,377 | $839,918 | $546,822 | $293,096 |
| 2019 | $10,227 | $815,007 | $530,604 | $284,403 |
| 2018 | $9,933 | $799,027 | $520,200 | $278,827 |
| 2016 | $7,730 | $646,000 | $477,000 | $169,000 |
| 2015 | $6,951 | $595,000 | $439,000 | $156,000 |
| 2014 | $7,031 | $595,000 | $439,000 | $156,000 |
Source: Public Records
Agents Affiliated with this Home
-
Rochelle Kramer
-
Douglas Kramer
Buyer's Agent in 2016
Douglas Kramer
RE/MAX
(949) 922-2291
39 in this area
73 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW16046473
APN: 7079-011-013
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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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