NOT LISTED FOR SALE

Estimated Value: $58,707,322

Studio
-- Bath
74,452 Sq Ft
$789/Sq Ft Est. Value

About This Home

This home is located at 225 W 3rd St, Long Beach, CA 90802 and is currently estimated at $58,707,322, approximately $788 per square foot. 225 W 3rd St is a home located in Los Angeles County with nearby schools including Cesar Chavez Elementary School, Washington Middle School, and Juan Rodriguez Cabrillo High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2021
Sold by
Pmi Westerly Llc
Bought by
Gelt On 3Rd Lb Llc
Current Estimated Value
$58,707,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,525,000
Outstanding Balance
$37,595,712
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$21,111,610

Purchase Details

Closed on
Jun 24, 2021
Sold by
Baker Mark
Bought by
Baker Mark B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,525,000
Outstanding Balance
$37,595,712
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$21,111,610

Purchase Details

Closed on
Sep 30, 2014
Sold by
Kw/Cv Third Pacific Llc
Bought by
Pmi Westerly Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Gelt On 3Rd Lb Llc $54,700,000 First American Title Company O
Baker Mark B -- Simplifile
Pmi Westerly Llc -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gelt On 3Rd Lb Llc $41,525,000
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 $782,417 $58,048,077 $12,416,133 $45,631,944
2024 $748,016 $56,909,880 $12,172,680 $44,737,200
2023 $735,016 $55,794,000 $11,934,000 $43,860,000
2022 $688,296 $54,700,000 $11,700,000 $43,000,000
2021 $555,021 $43,857,803 $2,664,776 $41,193,027
2020 $553,430 $43,484,702 $2,637,452 $40,847,250
2019 $546,646 $42,626,765 $2,585,738 $40,041,027
2018 $533,882 $41,795,701 $2,535,038 $39,260,663
2016 $490,588 $40,102,375 $2,436,600 $37,665,775
2015 $450,444 $37,705,673 $3,176,293 $34,529,380
2014 $447,863 $36,967,072 $3,114,074 $33,852,998
Source: Public Records

Map

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