1450 Peterson Avenue

1450 Peterson Avenue in Long Beach, CA was first built in 1916 and is 108 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 duplex style. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1450 Peterson Avenue has 1,475 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. In total, the area measurement of the land is 5,135 square feet.

Learn more about the property and building on this page. 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. As for heating, the home is utilizing floor/wall heating system. 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, 1450 Peterson Avenue sold most recently in Oct 11, 2023 for a total of $750,000. If you work out the math, that's approximately a cost of $508.47 per sqft. Before that, the property was also sold for $154,746 in Dec 21, 2018. 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 $8,348 in taxes each year. The initial year of tax delinquency occurred in 2020. 1450 Peterson Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $676,260. If we break it down further, the land itself was valued at $364,140. Improvements to the property, however, were assessed at a total of $312,120. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!