NOT LISTED FOR SALE

Estimated Value: $783,000 - $894,000

2 Beds
1 Bath
1,174 Sq Ft
$720/Sq Ft Est. Value

Last Sold September 08, 2021

Last sale price $700,000 $596 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,385/month

15 Days on Market

Highlights

  • No HOA
  • Den
  • Bungalow
  • Long Beach Polytechnic High School Rated A
  • Laundry Room
  • Combination Dining and Living Room

About This Home

As of September 2021

Located in a fantastic area of Long Beach that's close to shops, restaurants and public transportation, this California Bungalow is a great buy for the listed price. Features include 2/3 bedrooms with one bathroom or 2 bedrooms with a large Den. The living room is wide open and has a cozy fireplace and original hardwood floors. The kitchen was remodeled at some point in the distant past and has lots of cabinet and counter space. Their is also an attached laundry room that allows for backyard access and room for storage. This property is located on a good sized lot that may work well for someone that needs an ADU or maybe it could be torn down and units could be built.(Buyer would need to confirm zoning with the city). This is a Probate sale that will not require court approval.... Take a virtual tour at http://www.777cherryave.com/?mls

Last Agent to Sell the Property

Craig Marson

First Team Real Estate License #01210177 Listed on: 07/22/2021

First Team Real Estate

Last Buyer's Agent

Rigo Barraza

Keller Williams Pacific Estates License #01735683

Keller Williams Pacific Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,464

Year Built

  • Built in 1920

Lot Details

  • 6,222 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned LBR2N

Parking

  • 1 Car Garage

Home Design

  • Bungalow

Interior Spaces

  • 1,174 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Exterior Lighting

Utilities

  • Floor Furnace
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • Downtown Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 4327
  • Assessor Parcel Number 7267031013

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,464

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Downtown (DT)
  • View: No
  • Zoning: LBR2N
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7267031013
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1174.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Living Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 596.25
  • Room Type: Den, Kitchen, Laundry, Living Room

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Individual Room, Inside
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6222.00
  • Lot Size Acres: 0.1428

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6222.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5764.03
  • Tax Lot: 12
  • Tax Tract Number: 4327

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Aug 31, 2021
Sold by
Palacios Guillermina
Bought by
Palacios Martin
Seller's Agent
Craig Marson
First Team Real Estate
Buyer's Agent
Rigo Barraza
Keller Williams Pacific Estates
List Price
$649,000
Sold Price
$700,000
Premium/Discount to List
$51,000
7.86%
Current Estimated Value
$845,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,044
Avg. Annual Appreciation
3.82%
Original Mortgage
$548,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2021
Closed on
Aug 10, 2021
Sold by
Cruz Sharon J
Bought by
Palacios Martin Anthony and Palacios Martin
Seller's Agent
Craig Marson
First Team Real Estate
Buyer's Agent
Rigo Barraza
Keller Williams Pacific Estates
List Price
$649,000
Sold Price
$700,000
Premium/Discount to List
$51,000
7.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Palacios Martin -- Orange Coast Ttl Co Of Socal
Palacios Martin Anthony $700,000 Orange Coast Ttl Co Of Socal
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Palacios Martin Anthony $548,000
Closed Palacios Martin Anthony $548,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Sold $700,000 +7.9% $596 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $649,000 -- $553 / 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 $9,464 $742,845 $594,276 $148,569
2024 $9,464 $728,280 $582,624 $145,656
2023 $9,307 $714,000 $571,200 $142,800
2022 $8,736 $700,000 $560,000 $140,000
2021 $707 $39,131 $31,685 $7,446
2020 $704 $38,731 $31,361 $7,370
2019 $696 $37,973 $30,747 $7,226
2018 $580 $37,230 $30,145 $7,085
2016 $526 $35,786 $28,975 $6,811
2015 $510 $35,249 $28,540 $6,709
2014 $516 $34,559 $27,981 $6,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21161209

California Regional Multiple Listing Service (CRMLS)

APN: 7267-031-013