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3215 Locust Avenue

3215 Locust Avenue, Long Beach, CA 90807
Property in Memorial Heights
Sold Sep 20, 2021
$855,000
$684,000 by Jmj Financial Group
Mortgage Due Oct 01, 2051
Sold Aug 10, 2016
$520,000
$416,000 by Finance Of America Mortgage Ll
Mortgage Due Sep 01, 2046
3215 Locust Avenue 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 1976 and is 48 years old. The home has a total of 7 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, 3215 Locust Avenue has 1,759 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,643 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a contemporary 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. According to our sources, there are a total of 2 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as good. 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 roof of the building is made of wood shake/ shingles. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Aug 30, 2021 for $855,000. That's $486.07 per sqft. Prior to that sales transaction, the property was also sold in Jun 27, 2016 for $520,000. 3215 Locust Avenue was last assessed in 2023. The total value of the property was assessed at $872,100. Specifically, the land the property is located on was valued at $525,300. While improvements on the property were assessed at a total of $346,800. 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 $10,668. The initial tax year of delinquency was in 2021. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,643
  • Total Building Area: 1,759
  • Building Area: 1,759
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,759
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VISTA DEL MAR
  • Land Acres: 0.176
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VISTA DEL MAR TRACT # 2 LOT/SEC 16 BLK/DIV/TWN E

Ownership

  • Current Owner : OLVERA WILLIAM MICHAEL
  • Current Owner 2: OLVERA ANNETTE LYNN
  • Previous Owner : PARRY GEOFFREY D
  • Previous Owner 2: HIKIDA KERRI K
  • Owner Before Previous Owner: CRUICKSHANK SIMON
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 572201

Zoning

  • Zoning: LBR1N

Geography

  • Assessors Map Reference: 70-C6
  • Subdivision Tract Number: 2
  • Parcel: 7204-011-016
  • Block: E
  • Lot: 16
  • Municipality: SOUTH /WRIGLEY HEIGHTS
  • Latitude: 33.8157
  • Longitude: -118.191

    Address

  • Full Address: 3215 Locust Ave
  • Address - House Number: 3215
  • Address - Street Name: Locust
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C029
  • 4-Digit Zip Code: 5036
  • Zip Code: 90807

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,668
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 05-501

    Appraisal Valuation

  • Standard Deviation: 0.2129
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 71
  • Final Value: 947,400
  • High Value: 1,149,108
  • Low Value: 745,693

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $684,000
  • First Open Lien Mortgage Lender: JMJ FINANCIAL GROUP
  • First Open Lien Mortgage Recording Date: Sep 20, 2021
  • First Open Lien Mortgage Loan Amount: $684,000
  • 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: Oct 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $872,100
  • Assessed Land Value: $525,300
  • Assessed Improvements Value: $346,800

    Sales

  • Current Sale Contract Date: Aug 30, 2021
  • Current Sale Recording Date: Sep 20, 2021
  • Current Sale Transaction ID: 11855902691
  • Current Sale Price: $855,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1435117
  • Previous Sale Recording Date: Aug 10, 2016
  • Previous Sale Contract Date: Jun 27, 2016
  • Previous Sale Amount: $520,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JMJ FINANCIAL GROUP
  • First Mortgage Transaction Date: Sep 20, 2021
  • First Mortgage Loan Amount: $684,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • Previous Mortgage Transaction Date: Aug 10, 2016
  • Previous Mortgage Loan Amount: $416,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2046

About Memorial Heights



Similar Buildings

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Nearby Rentals

Unit for rent at 221 E Willard Street, Long Beach, CA, 90806

$1,700 /mo

  • 1 Bed
  • 1 Bath
  • 450 ft²
221 E Willard Street #3, Long Beach, CA, 90806 Listing by Gary Ludwig
Unit for rent at 1815 Locust Avenue, Long Beach, CA, 90806

$1,700 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
1815 Locust Avenue #8, Long Beach, CA, 90806 Listing by CHUNG-TAO LEE

Frequently Asked Questions

What neighborhood is 3215 Locust Avenue located in?
The 3215 Locust Avenue is a located in the neighborhood of Memorial Heights in Memorial Heights, Long Beach.
What is the average sales price for listings in 3215 Locust Avenue?
The average sales price for units in 3215 Locust Avenue is $0 currently.

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