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1111 East Marcellus Street

1111 East Marcellus Street, Long Beach, CA 90807
Sold Dec 22, 2020
$550,000
$460,000 by Better Mortgage Corporation
Mortgage Due Jan 01, 2051
Sold Dec 08, 2005
$641,000
$510,000 by Indymac Bank Fsb
Mortgage Due Dec 01, 2035
1111 East Marcellus Street in Long Beach, CA was first built in 1954 and is 70 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. It is a single story home. There are a total of 9 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1111 East Marcellus Street has 2,064 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 650 ft and the linear feet between the front and back of the lot is 1,150. In total, the area measurement of the land is 7,623 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of wood shake/ shingles. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of stucco. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Nov 23, 2020 for $550,000. That's $266.47 per sqft. Prior to that sales transaction, the property was also sold in Oct 31, 2005 for $641,000. 1111 East Marcellus Street was last assessed in 2023. The total value of the property was assessed at $832,320. Specifically, the land the property is located on was valued at $624,240. While improvements on the property were assessed at a total of $208,080. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $10,185. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,623
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,064
  • Building Area: 2,064
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,064
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 13920
  • Land Acres: 0.175
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 13920 LOT/SEC 15

Ownership

  • Current Owner : PATEL RAVI BALAVANT
  • Current Owner 2: PATEL BHAVIKA R
  • Previous Owner : PATEL GITABEN
  • Owner Before Previous Owner: COLLINS MURIEL C
  • Owner Before Previous Owner 2: THE COLLINS FAMILY REVOCABLE T

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 571502

Zoning

  • Zoning: LBR1N

Geography

  • Assessors Map Reference: 70-D3
  • Subdivision Tract Number: 13920
  • Parcel: 7135-015-013
  • Lot: 15
  • Municipality: SOUTH /RIDGEWD/CLUB MAN
  • Latitude: 33.8422
  • Longitude: -118.179

    Address

  • Full Address: 1111 E Marcellus St
  • Address - House Number: 1111
  • Street Direction: E
  • Address - Street Name: Marcellus
  • Address - Suffix Type: St
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C031
  • 4-Digit Zip Code: 1609
  • Zip Code: 90807

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,185
  • Tax Rate Code Area: 05-500

    Appraisal Valuation

  • Standard Deviation: 0.2239
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 946,606
  • High Value: 1,158,637
  • Low Value: 734,574

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $460,000
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Dec 22, 2020
  • First Open Lien Mortgage Loan Amount: $460,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $832,320
  • Assessed Land Value: $624,240
  • Assessed Improvements Value: $208,080

    Sales

  • Current Sale Contract Date: Nov 23, 2020
  • Current Sale Recording Date: Dec 22, 2020
  • Current Sale Transaction ID: 11808150888
  • Current Sale Price: $550,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1703498
  • Previous Sale Recording Date: Dec 08, 2005
  • Previous Sale Contract Date: Oct 31, 2005
  • Previous Sale Amount: $641,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Dec 22, 2020
  • First Mortgage Loan Amount: $460,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: INDYMAC BANK FSB
  • Previous Mortgage Transaction Date: Dec 08, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $510,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Dec 01, 2035

About Bixby Knolls



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Nearby Rentals

Unit for rent at 3712 Falcon Avenue, Long Beach, CA, 90807

$4,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,325 ft²
3712 Falcon Avenue, Long Beach, CA, 90807 Listing by Manager

Frequently Asked Questions

What neighborhood is 1111 East Marcellus Street located in?
The 1111 East Marcellus Street is a located in the neighborhood of Ridgewood Heights in Bixby Knolls, Long Beach.
What is the average sales price for listings in 1111 East Marcellus Street?
The average sales price for units in 1111 East Marcellus Street is $0 currently.

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