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1325 West Parade Street

1325 West Parade Street, Long Beach, CA 90810
Property in Lower Westside
Sold Oct 26, 2021
$800,000
$600,000 by United Wholesale Mortgage
Mortgage Due Nov 01, 2051
1325 West Parade Street in Long Beach, CA was first built in 1950 and is 74 years old. Although, the building on the property was most recently renovated and altered in 1982. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 5 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 1325 West Parade Street has 2,740 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 500 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 6,521 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of gravel/rock. 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 B. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1325 West Parade Street sold most recently in Sep 28, 2021 for a total of $800,000. If you work out the math, that's approximately a cost of $291.97 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,077 in taxes each year. 1325 West Parade Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $816,000. If we break it down further, the land itself was valued at $510,000. Improvements to the property, however, were assessed at a total of $306,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,521
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,740
  • Gross Building Area: 2,740
  • Building Area: 2,740
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,740
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1833
  • Land Acres: 0.15
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT # 1833 LOTS 26 AND LOT/SEC 27 BLK/DIV/TWN 5

Ownership

  • Current Owner : HABIB MARC TEWFIK
  • Current Owner 2: HABIB MAGGIE
  • Previous Owner : LYHTE ALFREDO MIRANDA
  • Previous Owner 2: DARKNESS FORM LYHTE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 578000

Zoning

  • Zoning: LBR2N

Geography

  • Assessors Map Reference: 75-B3
  • Subdivision Tract Number: 1833
  • Parcel: 7431-031-021
  • Block: 5
  • Lot: 26
  • Municipality: SOUTH /WESTSIDE LB
  • Latitude: 33.791
  • Longitude: -118.21

    Address

  • Full Address: 1325 W Parade St
  • Address - House Number: 1325
  • Street Direction: W
  • Address - Street Name: Parade
  • Address - Suffix Type: St
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 4229
  • Zip Code: 90810

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,077
  • Tax Rate Code Area: 05-501

    Appraisal Valuation

  • Standard Deviation: 0.2291
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 955,527
  • High Value: 1,174,486
  • Low Value: 736,567

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $600,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 26, 2021
  • First Open Lien Mortgage Loan Amount: $600,000
  • 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: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $816,000
  • Assessed Land Value: $510,000
  • Assessed Improvements Value: $306,000

    Sales

  • Current Sale Contract Date: Sep 28, 2021
  • Current Sale Recording Date: Oct 26, 2021
  • Current Sale Transaction ID: 11861327847
  • Current Sale Price: $800,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1609670

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Oct 26, 2021
  • First Mortgage Loan Amount: $600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

About West Long Beach



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Frequently Asked Questions

What neighborhood is 1325 West Parade Street located in?
The 1325 West Parade Street is a located in the neighborhood of Lower Westside in West Long Beach, Long Beach.
What is the average sales price for listings in 1325 West Parade Street?
The average sales price for units in 1325 West Parade Street is $0 currently.

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