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1554 West Burnett Street

1554 West Burnett Street, Long Beach, CA 90810
House in Westside
Sold Aug 20, 2020
$614,000
$573,750 by Broker Solutions Inc
Mortgage Due Sep 01, 2050
Sold Feb 05, 2020
$243,000
$206,550 by Pivotal Capital Group Ii Llc
Mortgage
1554 West Burnett Street has been categorized by the local assessors in Long Beach, CA as a residential type of property. The building on the property was first built in 1944 and is 80 years old. However, we must point out that the home was most recently renovated and altered in 1945. The home has a total of 9 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1554 West Burnett Street has 1,433 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,230 ft and across the front of the lot is 410 ft. The area measurement of the land has been determined as 5,056 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of stucco. In terms of heating, it 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, 1554 West Burnett Street sold most recently in Aug 14, 2020 for a total of $614,000. If you work out the math, that's approximately a cost of $428.47 per sqft. Before that, the property was also sold for $243,000 in Jan 23, 2020. 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 $7,760 in taxes each year. The initial year of tax delinquency occurred in 2020. 1554 West Burnett Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $638,493. If we break it down further, the land itself was valued at $444,771. Improvements to the property, however, were assessed at a total of $193,722. 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.

Building Features

Exterior

Asphalt Siding
Block Exterior
Glass Exterior
Hardboard Siding
Stucco Exterior

Driveway

Driveway

Parking

Garage Parking
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,056
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 410
  • Total Building Area: 1,433
  • Building Area: 1,433
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,433
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHORE ACRES TRACT
  • Land Acres: 0.116
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SHORE ACRE TRACT E 41 FT OF LOT/SEC 1 BLK/DIV/TWN 5

Ownership

  • Current Owner : POLK CHRIS D
  • Current Owner 2: POLK JEANETTE C
  • Previous Owner : HOME FREE REALTY INVESTMENTS LLC
  • Owner Before Previous Owner: ABANIEL AIDA E
  • Owner Before Previous Owner 2: ABANIEL HELEN E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 572700

Zoning

  • Zoning: LBR1N

Geography

  • Assessors Map Reference: 75-A2
  • Subdivision Tract Number: E
  • Parcel: 7401-017-007
  • Block: 5
  • Lot: 1
  • Municipality: SOUTH /WESTSIDE-LB
  • Latitude: 33.8005
  • Longitude: -118.213

    Address

  • Full Address: 1554 W Burnett St
  • Address - House Number: 1554
  • Street Direction: W
  • Address - Street Name: Burnett
  • Address - Suffix Type: St
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 3354
  • Zip Code: 90810

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,760
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 05-501

    Appraisal Valuation

  • Standard Deviation: 0.2245
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 762,629
  • High Value: 933,840
  • Low Value: 591,417

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $573,750
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Aug 20, 2020
  • First Open Lien Mortgage Loan Amount: $573,750
  • 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: Sep 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $638,493
  • Assessed Land Value: $444,771
  • Assessed Improvements Value: $193,722

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 14, 2020
  • Current Sale Recording Date: Aug 20, 2020
  • Current Sale Transaction ID: 11781468076
  • Current Sale Price: $614,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0972696
  • Previous Sale Recording Date: Feb 05, 2020
  • Previous Sale Contract Date: Jan 23, 2020
  • Previous Sale Amount: $243,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Aug 20, 2020
  • First Mortgage Loan Amount: $573,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PIVOTAL CAPITAL GROUP II LLC
  • Previous Mortgage Transaction Date: Feb 05, 2020
  • Previous Mortgage Loan Amount: $206,550
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

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Frequently Asked Questions

What neighborhood is 1554 West Burnett Street located in?
The 1554 West Burnett Street is a house located in the neighborhood of Westside in West Long Beach, Long Beach.
What is the average sales price for listings in 1554 West Burnett Street?
The average sales price for units in 1554 West Burnett Street is $0 currently.

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