NOT LISTED FOR SALE

887 Magnolia Ave Long Beach, CA 90813

Willmore Neighborhood

Estimated Value: $550,862 - $629,000

2 Beds
2.5 Baths
1,056 Sq Ft
$215/mo HOA Fee

Last Sold July 18, 2017

Last sale price $360,000 $341 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,807/month

11 Days on Market

Highlights

  • Fitness Center
  • 33,537 Sq Ft lot
  • Breakfast Bar
  • Gated Community
  • Attached Garage
  • 4-minute walk to Drake Park

About This Home

As of July 2017

This spacious two-story townhome is located in a gated complex in downtown Long Beach's historic Willmore District on a lovely tree-lined street. The unit features two bedrooms, two and a half baths with a private attached garage with direct interior access! The garage has your own washer/dryer and plenty of storage. Highlights of the unit include an open floor plan, living room with gas fireplace, dining room, and kitchen with a breakfast counter. This unit also includes central air and heat and is located a short distance to the beaches, Pine Ave., Shoreline Village shopping & restaurants! The complex has a rec room and lovely courtyard with low HOA dues.

Last Agent to Sell the Property

Travis Dina

Nourmand & Associates-BH License #01926462 Listed on: 05/12/2017

Last Buyer's Agent

Harley Ramsey

License #01365088

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,254

Year Built

  • Built in 1991

Lot Details

  • Gated Home

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • Attached Garage

Interior Spaces

  • 1,056 Sq Ft Home
  • Gas Fireplace
  • Dining Area

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 7272-016-032

Community Details

Overview

  • 20 Units
  • Maintained Community

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,254

Year Built

Built in 1991

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Unknown
  • Street Number Display: Yes
  • Complex Name: Drake Village HOA
  • Entry Floor: 1
  • Living Area: 1056
  • Planned Urban Dev: 0
  • Unit Floor In Building: 1
  • Year Built: 1991
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Gas
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit, Laundry Area
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 330.49

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage Is Attached

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Exercise Room, Gated Community
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 215.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 7272-016-032
  • Geocode Override: No
  • Lot Size Area: 33537

Multi Family

  • Number Of Units: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2017
Closed on
Jul 6, 2017
Sold by
Abney Anthony Darrell
Bought by
Gonzalez Amber Rose
Seller's Agent
Travis Dina
Nourmand & Associates-BH
Buyer's Agent
Harley Ramsey
List Price
$349,000
Sold Price
$360,000
Premium/Discount to List
$11,000
3.15%
Current Estimated Value
$583,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,466
Avg. Annual Appreciation
6.03%
Original Mortgage
$349,200
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2015
Closed on
Jun 18, 2015
Sold by
Matthews Marc K
Bought by
Abney Anthony Darrell
Seller's Agent
Louella Hundt
Coldwell Banker Realty
Buyer's Agent
Travis Dina
Nourmand & Associates-BH
List Price
$310,000
Sold Price
$310,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$294,500
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2005
Sold by
Harmon Corey and Harmon Candace
Bought by
Matthews Marc K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2004
Sold by
Johnson Sandra
Bought by
Harmon Corey and Harmon Candace

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
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2000
Sold by
Brashears Ollie E
Bought by
Johnson Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,950
Interest Rate
9.99%

Purchase Details

Closed on
Jul 2, 1993
Sold by
Queen City Bank Na
Bought by
Brashears Ollie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
7.28%
Source: Public Records

Range of Values:

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Average Value
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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
Gonzalez Amber Rose $360,000 Fidelity National Title
Abney Anthony Darrell $310,000 Fidelity National Title
Matthews Marc K $370,000 Ticor Title Orange
Harmon Corey $300,000 Lawyers Title
Johnson Sandra $125,000 Old Republic Title
Brashears Ollie E $85,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Amber Rose $339,100
Closed Gonzalez Amber Rose $349,200
Previous Owner Abney Anthony Darrell $294,500
Previous Owner Matthews Marc K $290,000
Previous Owner Harmon Corey $240,000
Previous Owner Johnson Sandra $140,000
Previous Owner Johnson Sandra $99,950
Previous Owner Brashears Ollie E $80,750
Closed Johnson Sandra $12,500
Closed Harmon Corey $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2017 07/18/17 Sold $360,000 +3.2% $341 / Sq Ft
05/23/2017 05/23/17 Pending -- -- --
05/12/2017 05/12/17 For Sale $349,000 +12.6% $330 / Sq Ft
07/15/2015 07/15/15 Sold $310,000 0.0% $294 / Sq Ft
06/16/2015 06/16/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $310,000 0.0% $294 / Sq Ft
05/26/2015 05/26/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $310,000 -- $294 / Sq Ft
Source: The MLS

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 $5,254 $409,614 $194,681 $214,933
2024 $5,254 $401,583 $190,864 $210,719
2023 $5,166 $393,710 $187,122 $206,588
2022 $4,849 $385,991 $183,453 $202,538
2021 $4,751 $378,423 $179,856 $198,567
2019 $4,684 $367,200 $174,522 $192,678
2018 $4,561 $360,000 $171,100 $188,900
2016 $3,698 $310,000 $122,800 $187,200
2015 $3,376 $283,000 $191,000 $92,000
2014 $2,975 $244,000 $165,000 $79,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Travis Dina

    Nourmand & Associates-BH

    Section Image

  • H

    Buyer's Agent in 2017

    Harley Ramsey

  • I

    Buyer's Agent in 2017

    Irene Guerrero

  • L

    Seller's Agent in 2015

    Louella Hundt

    Coldwell Banker Realty

    Section Image
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Map

Source: The MLS

MLS Number: 17-229908

The MLS

APN: 7272-016-032

California Los Angeles County Long Beach 90813 Willmore

887 Magnolia Ave, Long Beach, CA

This home is located at 887 Magnolia Ave, Long Beach, CA 90813 since 12 May 2017 and is currently estimated at $583,466, approximately $552 per square foot. This property was built in 1991. 887 Magnolia Ave is a home located in Los Angeles County with nearby schools including Edison Elementary School, Washington Middle School, and Juan Rodriguez Cabrillo High School.

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