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245 Covina Avenue

245 Covina Avenue, Long Beach, CA 90803
Sold Sep 07, 2022
$1,329,000
$996,750 by Turnkey Foundation Inc
Mortgage Due Sep 01, 2052
Sold Jun 17, 2020
$999,000
$765,000 by Primelending
Mortgage Due Jul 01, 2050
Local assessors in Long Beach, CA have categorized 245 Covina Avenue as a residential type of property. The home was built in 1927 and is 97 years old. The property's lot size has been calculated to be 2,414 square feet. The linear feet between the front and back of the lot was measured at 800 ft and the front of the lot was measured at 310 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Spanish style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 245 Covina Avenue has a total of 1,016 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a flat style roof that was made of roll composition. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a central heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 245 Covina Avenue was last sold in Aug 9, 2022 for $1,329,000. According to our calculations, that's $1,308.07 per sqft. Prior to that sales transaction, the property was sold for $999,000 in May 22, 2020. Current property owners are expected to pay $12,574 in taxes per year. The property on 245 Covina Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,329,000. To break that down further, the land itself was valued at $1,063,200. While improvements to the property were assessed at a total of $265,800. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,414
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 310
  • Total Building Area: 1,016
  • Building Area: 1,016
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 1,016
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 4029
  • Land Acres: 0.055
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 4029 LOT/SEC 14 BLK/DIV/TWN 2

Ownership

  • Current Owner : STERNER SIGNE K
  • Current Owner 2: STERNER JAMES J
  • Previous Owner : JANE LATHAM
  • Previous Owner 2: JANE AMANDA
  • Owner Before Previous Owner: BROWN MARTHA KAYE
  • Owner Before Previous Owner 2: MARTHA KAYO BROWN REVOCABLE TR
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 577400

Zoning

  • Zoning: LBR2S

Geography

  • Assessors Map Reference: 76-C6
  • Subdivision Tract Number: 4029
  • Parcel: 7249-025-014
  • Block: 2
  • Lot: 14
  • Municipality: SOUTH /BELMONT SHORE/PK
  • Latitude: 33.7619
  • Longitude: -118.133

    Address

  • Full Address: 245 Covina Ave
  • Address - House Number: 245
  • Address - Street Name: Covina
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C043
  • 4-Digit Zip Code: 1824
  • Zip Code: 90803

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,574
  • Tax Rate Code Area: 05-500

    Appraisal Valuation

  • Standard Deviation: 0.2248
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,366,000
  • High Value: 1,673,086
  • Low Value: 1,058,914

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $996,750
  • First Open Lien Mortgage Lender: TURNKEY FOUNDATION INC
  • First Open Lien Mortgage Recording Date: Sep 07, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $996,750
  • 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, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,329,000
  • Assessed Land Value: $1,063,200
  • Assessed Improvements Value: $265,800

    Sales

  • Current Sale Contract Date: Aug 09, 2022
  • Current Sale Recording Date: Sep 07, 2022
  • Current Sale Transaction ID: 11895746033
  • Current Sale Price: $1,329,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 880452
  • Previous Sale Recording Date: Jun 17, 2020
  • Previous Sale Contract Date: May 22, 2020
  • Previous Sale Amount: $999,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: TURNKEY FOUNDATION INC
  • First Mortgage Transaction Date: Sep 07, 2022
  • First Mortgage Loan Amount: $996,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PRIMELENDING
  • Previous Mortgage Transaction Date: Jun 17, 2020
  • Previous Mortgage Loan Amount: $765,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2050

About Belmont Shore



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Frequently Asked Questions

What neighborhood is 245 Covina Avenue located in?
The 245 Covina Avenue is a house located in the neighborhood of Belmont Shore in Belmont Shore, Long Beach.
What is the average sales price for listings in 245 Covina Avenue?
The average sales price for units in 245 Covina Avenue is $0 currently.

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