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24 5th Place

24 5th Place, Long Beach, CA 90802
Property in Bixby Park
Sold May 05, 2020
$510,000
$310,000 by Michigan Mutual Inc
Mortgage Due Jun 01, 2050
Sold Jul 28, 2011
$365,000
$292,000 by International City Mortgage In
Mortgage Due Aug 01, 2041
24 5th Place in Long Beach, CA was first built in 1953 and is 71 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 condo style. This is a single bedroom home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 24 5th Place has 869 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 14,243 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, 24 5th Place sold most recently in May 2, 2020 for a total of $510,000. If you work out the math, that's approximately a cost of $586.88 per sqft. Before that, the property was also sold for $365,000 in Jun 1, 2011. 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 $6,398 in taxes each year. 24 5th Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $536,098. If we break it down further, the land itself was valued at $105,117. Improvements to the property, however, were assessed at a total of $430,981. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,243
  • Total Building Area: 869
  • Building Area: 869
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 869
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE ALAMITOS BEACH TOWNSITE
  • Land Acres: 0.327
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: MR 59-11-12 LOT 1 BLK 7 CONDO UNIT 24 (AIRSPACE AND 1/20 INT IN COMMON AREA)

Ownership

  • Current Owner : QIAN YIXUN
  • Previous Owner : TSUI RICHARD
  • Previous Owner 2: FU LI FANG
  • Owner Before Previous Owner: CARDENAS PAUL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 576601

Zoning

  • Zoning: LBPD5

Geography

  • Assessors Map Reference: 75-D6
  • Parcel: 7265-007-246
  • Block: 7
  • Lot: 1
  • Municipality: SOUTH /ALAMITOS/CARROLL
  • Latitude: 33.7652
  • Longitude: -118.178

    Address

  • Full Address: 24 5th Pl
  • Address - House Number: 24
  • Address - Street Name: 5th
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C018
  • 4-Digit Zip Code: 5651
  • Zip Code: 90802

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,398
  • Tax Rate Code Area: 05-500

    Appraisal Valuation

  • Standard Deviation: 0.222
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 615,864
  • High Value: 752,620
  • Low Value: 479,107

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $310,000
  • First Open Lien Mortgage Lender: MICHIGAN MUTUAL INC
  • First Open Lien Mortgage Recording Date: May 05, 2020
  • First Open Lien Mortgage Loan Amount: $310,000
  • 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: Jun 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $536,098
  • Assessed Land Value: $105,117
  • Assessed Improvements Value: $430,981

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 02, 2020
  • Current Sale Recording Date: May 05, 2020
  • Current Sale Transaction ID: 11757806642
  • Current Sale Price: $510,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0492540
  • Previous Sale Recording Date: Jul 28, 2011
  • Previous Sale Contract Date: Jun 01, 2011
  • Previous Sale Amount: $365,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MICHIGAN MUTUAL INC
  • First Mortgage Transaction Date: May 05, 2020
  • First Mortgage Loan Amount: $310,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: INTERNATIONAL CITY MORTGAGE IN
  • Previous Mortgage Transaction Date: Jul 28, 2011
  • Previous Mortgage Loan Amount: $292,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2041

About Bixby Park



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Frequently Asked Questions

What neighborhood is 24 5th Place located in?
The 24 5th Place is a located in the neighborhood of Bixby Park in Bixby Park, Long Beach.
What is the average sales price for listings in 24 5th Place?
The average sales price for units in 24 5th Place is $0 currently.

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