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4841 Park Terrace Drive

4841 Park Terrace Drive, Long Beach, CA 90804
Property in Bryant School
Sold Oct 20, 2021
$835,000
$709,750 by Mortgage Capital Partners Inc
Mortgage Due Nov 01, 2051
Sold Oct 26, 1993
$217,000
$147,000 by Dean W Hart
Mortgage
4841 Park Terrace Drive in Long Beach, CA was first built in 1976 and is 48 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 contemporary style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 4841 Park Terrace Drive has 1,420 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 144,164 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of tile. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. 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 condition of the building has been evaluated as excellent. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 4841 Park Terrace Drive was last sold in Aug 25, 2021 for $835,000. According to our calculations, that's $588.03 per sqft. Prior to that sales transaction, the property was sold for $217,000 in Sep 21, 1993. Current property owners are expected to pay $10,216 in taxes per year. The property on 4841 Park Terrace Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $851,700. To break that down further, the land itself was valued at $341,700. While improvements to the property were assessed at a total of $510,000. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

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: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 144,164
  • Total Building Area: 1,420
  • Building Area: 1,420
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,420
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PARK VIEW PLAZA
  • Land Acres: 3.31
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: *TR=32480 CONDOMINIUM*UNIT 188

Ownership

  • Current Owner : SILBERMAN DAVID
  • Previous Owner : SPEIRS ROBERT L
  • Previous Owner 2: MCDONAH ROBERT
  • Owner Before Previous Owner: HART DEAN W
  • Owner Before Previous Owner 2: HART RUTH A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 575002

Zoning

  • Zoning: LBR1N

Geography

  • Assessors Map Reference: 76-B4
  • Subdivision Tract Number: 32480
  • Parcel: 7220-016-104
  • Lot: 1
  • Municipality: SOUTH /CIRCLE AREA
  • Latitude: 33.7834
  • Longitude: -118.136

    Address

  • Full Address: 4841 Park Terrace Dr
  • Address - House Number: 4841
  • Address - Street Name: Park Terrace
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C013
  • 4-Digit Zip Code: 6904
  • Zip Code: 90804

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,216
  • Tax Rate Code Area: 05-500

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 687,124
  • High Value: 840,626
  • Low Value: 533,622

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $709,750
  • First Open Lien Mortgage Lender: MORTGAGE CAPITAL PARTNERS INC
  • First Open Lien Mortgage Recording Date: Oct 20, 2021
  • First Open Lien Mortgage Loan Amount: $709,750
  • 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: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $851,700
  • Assessed Land Value: $341,700
  • Assessed Improvements Value: $510,000

    Sales

  • Current Sale Contract Date: Aug 25, 2021
  • Current Sale Recording Date: Oct 20, 2021
  • Current Sale Transaction ID: 11860424132
  • Current Sale Price: $835,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1579769
  • Previous Sale Recording Date: Oct 26, 1993
  • Previous Sale Contract Date: Sep 21, 1993
  • Previous Sale Amount: $217,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE CAPITAL PARTNERS INC
  • First Mortgage Transaction Date: Oct 20, 2021
  • First Mortgage Loan Amount: $709,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: DEAN W HART
  • Previous Mortgage Transaction Date: Oct 26, 1993
  • Previous Mortgage Loan Amount: $147,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

About Bryant School



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Frequently Asked Questions

What neighborhood is 4841 Park Terrace Drive located in?
The 4841 Park Terrace Drive is a located in the neighborhood of Bryant School in Bryant School, Long Beach.
What is the average sales price for listings in 4841 Park Terrace Drive?
The average sales price for units in 4841 Park Terrace Drive is $0 currently.

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