Seller's Agent in 2019
Douglas Kramer
RE/MAX
(949) 922-2291
42 in this area
76 Total Sales
7237 E Lanai St Long Beach, CA 90808
Rancho Estates NeighborhoodEstimated Value: $1,385,000 - $1,503,000
4
Beds
2
Baths
1,711
Sq Ft
$853/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Open Floorplan
- Lawn
- Cubberley K-8 Rated A-
- Midcentury Modern Architecture
- No HOA
About This Home
As of January 2019Space is a luxury, and this is one of the most spacious homes in the Rancho Estates to be available for some time. Originally designed by renowned architect Cliff May, this residence was expanded by the previous owners and now has 1,711 square feet of living area with four bedrooms, two bathrooms, a formal dining room, a large kitchen with breakfast bar and dining area, and a bright and open living room with fireplace. Great effort went into the refurbishment of this home, including restoration of original birch paneling and replacement of clerestory windows. Modern upgrades include kitchen appliances, cork flooring throughout, a remodeled master bathroom and expanded master closet, and a 200-amp electrical panel. And then there is the lot, which measures 7,023 square feet and features a mix of new plantings and mature vegetation to create parklike grounds that are beautiful and tranquil. This home represents a rare opportunity to live in exceptional midcentury modern design in a dynamic Southern California community.
Last Agent to Sell the Property
Re/Max R. E. Specialists License #01374637 Listed on: 10/26/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,521
Year Built
- Built in 1953
Lot Details
- 7,023 Sq Ft Lot
- Landscaped
- Front and Back Yard Sprinklers
- Lawn
- Back and Front Yard
- Property is zoned LBPD11
Parking
- 2 Car Attached Garage
- 2 Open Parking Spaces
Home Design
- Midcentury Modern Architecture
- Slab Foundation
- Composition Roof
Interior Spaces
- 1,711 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Beamed Ceilings
- Recessed Lighting
- Formal Entry
- Living Room with Fireplace
- Dining Room
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Remodeled Bathroom
- Jack-and-Jill Bathroom
- Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Gas Dryer Hookup
Utilities
- Central Heating
- Private Water Source
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tax Lot 222
- Tax Tract Number 17558
- Assessor Parcel Number 7079012017
Community Details
Overview
- No Home Owners Association
- Built by Ross Cortese
- Caliornian
- Property is near a preserve or public land
Recreation
- Golf Course Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 31, 2018
Sold by
Kramer Douglas and Kramer Rochelle
Bought by
Mcferson Jeffrey K and Mcferson Alison A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,100
Interest Rate
4.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 27, 2018
Sold by
Mitchell Diane Lynne and The Mitchell Family Trust
Bought by
Kramer Douglas and Kramer Rochelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,500
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 30, 2012
Sold by
Mitchell William M and Mitchell Barbara A
Bought by
Mitchell William M and Mitchell Barbara A
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 |
|---|---|---|---|
| Mcferson Jeffrey K | $926,000 | First American Title Company | |
| Kramer Douglas | $725,000 | First American Title Company | |
| Mitchell William M | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcferson Jeffrey K | $758,000 | |
| Closed | Mcferson Jeffrey K | $765,600 | |
| Previous Owner | Mcferson Jeffrey K | $787,100 | |
| Previous Owner | Kramer Douglas | $507,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/03/2019 01/03/19 | Sold | $926,000 | -2.4% | $541 / Sq Ft |
| 10/30/2018 10/30/18 | Pending | -- | -- | -- |
| 10/26/2018 10/26/18 | For Sale | $949,000 | -- | $555 / 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 | $13,521 | $1,084,540 | $725,085 | $359,455 |
| 2024 | $13,521 | $1,063,275 | $710,868 | $352,407 |
| 2023 | $13,303 | $1,042,428 | $696,930 | $345,498 |
| 2022 | $11,903 | $973,389 | $683,265 | $290,124 |
| 2021 | $11,679 | $954,304 | $669,868 | $284,436 |
| 2019 | $9,161 | $725,000 | $550,000 | $175,000 |
| 2018 | $1,298 | $93,035 | $41,989 | $51,046 |
| 2016 | $1,179 | $89,424 | $40,359 | $49,065 |
| 2015 | $1,136 | $88,081 | $39,753 | $48,328 |
| 2014 | $1,136 | $86,357 | $38,975 | $47,382 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2019
Rochelle Kramer
RE/MAX
(949) 861-1008
34 in this area
55 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW18260211
APN: 7079-012-017
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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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