NOT LISTED FOR SALE

854 Cedar Ave Long Beach, CA 90813

Willmore Neighborhood

Estimated Value: $985,677 - $1,040,000

6 Beds
2 Baths
2,828 Sq Ft
$359/Sq Ft Est. Value

Last Sold January 23, 2018

Last sale price $505,000 $179 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $6,009/month

48 Days on Market

Highlights

  • Dual Staircase
  • No HOA
  • Living Room
  • Corner Lot

About This Home

As of January 2018

HUGE Building-historic "Wilmore District"near Downtown Long Beach. Has Off-Street Parking. Assessor shows as 2880 sf - Total fixer, but classic quality. Walk to Water, Bus Stops, Light Rail, Downtown. Drive by only, do not stop. Do NOT enter the property or premises. Seller is dealing with person(s) who keep going onto premises and have notified police, you could be detained, so please do not enter any part of property. Property was purchased from an estate through probate auction in LA County Superior Court. The estate was that of a well respected elderly resident who may have been under hospice care and may have passed in the premises. Zoned for multi-family however, check lot size requirements. ADU (2nd unit may be possible). Check with city. Call for appointment only.

Last Agent to Sell the Property

Michelle Lowe

MICHELLE LOWE REAL ESTATE Listed on: 11/30/2017

Last Buyer's Agent

Reginald Mckizzie

Palma Investments License #01964289

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1905

Lot Details

  • 5,005 Sq Ft Lot
  • Corner Lot
  • Property is zoned LBPD10

Interior Spaces

  • 2,828 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Living Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Location

  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 7272013001

Home Details

Home Type

Single Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Willmore District (WM)
  • View: No
  • Zoning: LBPD10
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7272013001
  • Year Built: 1905
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2828.00 Square Feet
  • Interior Amenities: 2 Staircases
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 178.57
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 5005.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5758.03
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2019
Sold by
Neal Jonathan I and Neal Jonathan
Bought by
Neal Jonathan I
Current Estimated Value
$1,013,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,185
Outstanding Balance
$558,353
Interest Rate
3.5%
Mortgage Type
VA
Estimated Equity
$455,566

Purchase Details

Closed on
Jul 25, 2018
Sold by
Next Level Estates
Bought by
Neal Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,130
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Listed on
Nov 30, 2017
Closed on
Jan 11, 2018
Sold by
Pl & Al Holdings
Bought by
Next Level Estates
Seller's Agent
Michelle Lowe
MICHELLE LOWE REAL ESTATE
Buyer's Agent
Reginald Mckizzie
Palma Investments
List Price
$499,999
Sold Price
$505,000
Premium/Discount to List
$5,001
1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Original Mortgage
$450,500
Interest Rate
3.94%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 27, 2017
Closed on
Sep 11, 2017
Sold by
Johnson Keith Odell
Bought by
Pl & Al Holdings
Seller's Agent
Fingerhut Steve
Steve Fingerhut, Broker
Buyer's Agent
Michelle Lowe
MICHELLE LOWE REAL ESTATE
List Price
$474,900
Sold Price
$467,750
Premium/Discount to List
-$7,150
-1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.06%

Purchase Details

Closed on
Apr 2, 1996
Sold by
Smith Laraine
Bought by
Johnson Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,650
Interest Rate
7.41%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 9, 1906
Sold by
Johnson Sharon
Bought by
Johnson Sharon L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Neal Jonathan I -- Pacific Coast Title
Neal Jonathan $610,000 Stewart Title Company
Next Level Estates $505,000 Ticor Title
Pl & Al Holdings $468,000 Ticor Title Company
Johnson Sharon $125,000 North American Title Co
Johnson Sharon L -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neal Jonathan I $640,185
Closed Neal Jonathan $630,130
Previous Owner Next Level Estates $450,500
Previous Owner Johnson Sharon $154,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2018 01/23/18 Sold $505,000 +1.0% $179 / Sq Ft
01/17/2018 01/17/18 Pending -- -- --
01/13/2018 01/13/18 For Sale $499,999 0.0% $177 / Sq Ft
01/09/2018 01/09/18 Pending -- -- --
01/09/2018 01/09/18 For Sale $499,999 -1.0% $177 / Sq Ft
12/11/2017 12/11/17 Off Market $505,000 -- --
11/30/2017 11/30/17 For Sale $499,999 +6.9% $177 / Sq Ft
09/30/2017 09/30/17 Sold $467,750 -1.5% $165 / Sq Ft View Prior Sale
09/01/2017 09/01/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $474,900 0.0% $168 / Sq Ft
05/28/2017 05/28/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $474,900 -- $168 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,796 $680,462 $479,670 $200,792
2024 $8,796 $667,120 $470,265 $196,855
2023 $8,652 $654,041 $461,045 $192,996
2022 $8,126 $641,217 $452,005 $189,212
2021 $7,959 $628,645 $443,143 $185,502
2019 $7,846 $610,240 $430,000 $180,240
2018 $6,021 $467,990 $330,000 $137,990
2016 $2,354 $175,399 $91,209 $84,190
2015 $2,266 $172,765 $89,839 $82,926
2014 $2,258 $169,382 $88,080 $81,302
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Michelle Lowe

    MICHELLE LOWE REAL ESTATE

    Section Image

  • R

    Buyer's Agent in 2018

    Reginald Mckizzie

    Palma Investments

    Section Image

  • F

    Seller's Agent in 2017

    Fingerhut Steve

    Steve Fingerhut, Broker

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17260939

California Regional Multiple Listing Service (CRMLS)

APN: 7272-013-001

California Los Angeles County Long Beach 90813 Willmore

854 Cedar Ave, Long Beach, CA

Not Listed for Sale

Detached

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