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381 Ultimo Avenue

381 Ultimo Avenue, Long Beach, CA 90814
Property in Alamitos Heights
Sold Jul 19, 2012
$600,000
$400,000 by Monarch Funding Corp
Mortgage Due Aug 01, 2042
381 Ultimo 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 1961 and is 63 years old. The home has a total of 8 rooms. 2 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, 381 Ultimo Avenue has 1,372 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 1,300 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,605 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. According to our sources, there is one available parking space. Love to swim? You'll be excited to find out that there is a spa or hot tub but no pool on the property. 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 A by the local assessor. The building has a gable style roof 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. 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, 381 Ultimo Avenue sold most recently in Jun 20, 2012 for a total of $600,000. If you work out the math, that's approximately a cost of $437.32 per sqft. 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 $2,104 in taxes each year. 381 Ultimo Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $142,788. If we break it down further, the land itself was valued at $60,120. Improvements to the property, however, were assessed at a total of $82,668. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 6,605
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,372
  • Building Area: 1,372
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,372
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ALAMITOS HEIGHTS
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ALAMITOS HEIGHTS LOT/SEC 17 BLK/DIV/TWN 27

Ownership

  • Current Owner : DUNNINGTON MARILINN
  • Previous Owner : MURPHY WILLIAM L
  • Previous Owner 2: MURPHY MICHAEL A
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 577605

Zoning

  • Zoning: LBR1N

Geography

  • Assessors Map Reference: 76-C5
  • Parcel: 7246-018-027
  • Block: 27
  • Lot: 17
  • Municipality: SOUTH /ALAMITOS HEIGHTS
  • Latitude: 33.771
  • Longitude: -118.124

    Address

  • Full Address: 381 Ultimo Ave
  • Address - House Number: 381
  • Address - Street Name: Ultimo
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C016
  • 4-Digit Zip Code: 3229
  • Zip Code: 90814

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,104
  • Tax Rate Code Area: 05-500

    Appraisal Valuation

  • Standard Deviation: 0.2256
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 1,291,857
  • High Value: 1,583,426
  • Low Value: 1,000,289

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $516,000
  • First Open Lien Mortgage Lender: MONARCH FUNDING CORP
  • First Open Lien Mortgage Recording Date: Jul 19, 2012
  • First Open Lien Mortgage Loan Amount: $400,000
  • 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: Aug 01, 2042
  • Second Open Lien Mortgage Lender: COMMERCIAL LOAN CORPORATION
  • Second Open Lien Mortgage Recording Date: Apr 12, 2022
  • Second Open Lien Mortgage Loan Amount: $116,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $142,788
  • Assessed Land Value: $60,120
  • Assessed Improvements Value: $82,668

    Sales

  • Current Sale Contract Date: Jun 20, 2012
  • Current Sale Recording Date: Jul 19, 2012
  • Current Sale Transaction ID: 1018783841
  • Current Sale Price: $600,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 12-1071340

    Last Sale Mortgage

  • First Mortgage Lender: MONARCH FUNDING CORP
  • First Mortgage Transaction Date: Jul 19, 2012
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2042

About Alamitos Heights



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Frequently Asked Questions

What neighborhood is 381 Ultimo Avenue located in?
The 381 Ultimo Avenue is a located in the neighborhood of Alamitos Heights in Alamitos Heights, Long Beach.
What is the average sales price for listings in 381 Ultimo Avenue?
The average sales price for units in 381 Ultimo Avenue is $0 currently.

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