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259 East 68th Way

259 East 68th Way, Long Beach, CA 90805
Sold Oct 27, 2022
$530,000
$503,500 by Ntmr Holdings Inc
Mortgage Due Nov 01, 2052
Sold Aug 06, 2019
$387,000
$379,990 by Bay Equity Llc
Mortgage Due Aug 01, 2049
259 East 68th Way in Long Beach, CA was first built in 1949 and is 75 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 conventional style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 259 East 68th Way has 692 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 250 ft and the linear feet between the front and back of the lot is 1,150. In total, the area measurement of the land is 2,788 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of composition shingle. There is one available parking space. 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 C. The exterior walls of the home are made of stucco. As for heating, the home is utilizing floor/wall heating system. The property was last sold in Aug 3, 2022 for $530,000. That's $765.90 per sqft. Prior to that sales transaction, the property was also sold in Jun 18, 2019 for $387,000. 259 East 68th Way was last assessed in 2023. The total value of the property was assessed at $530,000. Specifically, the land the property is located on was valued at $424,000. While improvements on the property were assessed at a total of $106,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $4,992. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Driveway

Driveway

Parking

Off Street Parking
Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • 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
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,788
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 250
  • Total Building Area: 692
  • Building Area: 692
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 692
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 6792
  • Land Acres: 0.064
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 6792 LOT/SEC 65 BLK/DIV/TWN 9

Ownership

  • Current Owner : LOMELI ARACEFI TORRES
  • Previous Owner : BUCKMAN OLIVER
  • Owner Before Previous Owner: ARGENTERA FILIPINAS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 570404

Zoning

  • Zoning: LBR1N

Geography

  • Assessors Map Reference: 65-C5
  • Subdivision Tract Number: 6792
  • Parcel: 7303-022-019
  • Block: 9
  • Lot: 65
  • Municipality: SOUTH /FWYS 710 & 91
  • Latitude: 33.8788
  • Longitude: -118.198

    Address

  • Full Address: 259 E 68th Way
  • Address - House Number: 259
  • Street Direction: E
  • Address - Street Name: 68th
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C012
  • 4-Digit Zip Code: 1274
  • Zip Code: 90805

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,992
  • Tax Rate Code Area: 05-490

    Appraisal Valuation

  • Standard Deviation: 0.2324
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 614,057
  • High Value: 756,801
  • Low Value: 471,313

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $503,500
  • First Open Lien Mortgage Lender: NTMR HOLDINGS INC
  • First Open Lien Mortgage Recording Date: Oct 27, 2022
  • First Open Lien Mortgage Loan Amount: $503,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $530,000
  • Assessed Land Value: $424,000
  • Assessed Improvements Value: $106,000

    Sales

  • Current Sale Contract Date: Aug 03, 2022
  • Current Sale Recording Date: Oct 27, 2022
  • Current Sale Transaction ID: 11897901669
  • Current Sale Price: $530,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 1022240
  • Previous Sale Recording Date: Aug 06, 2019
  • Previous Sale Contract Date: Jun 18, 2019
  • Previous Sale Amount: $387,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NTMR HOLDINGS INC
  • First Mortgage Transaction Date: Oct 27, 2022
  • First Mortgage Loan Amount: $503,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Nov 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: BAY EQUITY LLC
  • Previous Mortgage Transaction Date: Aug 06, 2019
  • Previous Mortgage Loan Amount: $379,990
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2049

About Freeway Circle



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Frequently Asked Questions

What neighborhood is 259 East 68th Way located in?
The 259 East 68th Way is a house located in the neighborhood of Freeway Circle in Freeway Circle, Long Beach.
What is the average sales price for listings in 259 East 68th Way?
The average sales price for units in 259 East 68th Way is $375,000 , or $542/sqft. currently.

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