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5277 East Ocean Boulevard

5277 East Ocean Boulevard, Long Beach, CA 90803
Sold Aug 25, 2021
$2,920,000
$450,000 by Tong Vuong
Mortgage
Sold Sep 28, 2016
$2,352,000
$1,293,600 by Farmers & Merchants Bank Of Lo
Mortgage Due Oct 01, 2023
Local assessors in Long Beach, CA have categorized 5277 East Ocean Boulevard as a residential type of property. The home was built in 1941 and is 83 years old. It was most recently renovated and altered in 1992. The property's lot size has been calculated to be 2,697 square feet. The linear feet between the front and back of the lot was measured at 900 ft and the front of the lot was measured at 300 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional 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, 4 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 are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5277 East Ocean Boulevard has a total of 3,000 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 gable style roof that was made of composition shingle. 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. 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, 5277 East Ocean Boulevard sold most recently in Aug 4, 2021 for a total of $2,920,000. If you work out the math, that's approximately a cost of $973.33 per sqft. Before that, the property was also sold for $2,352,000 in Feb 16, 2016. 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 $39,802 in taxes each year. The initial year of tax delinquency occurred in 2021. 5277 East Ocean Boulevard was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,162,000. If we break it down further, the land itself was valued at $2,040,000. Improvements to the property, however, were assessed at a total of $1,122,000. 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.

Building Features

Condition

New Construction

Exterior

Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,697
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 300
  • Total Building Area: 3,000
  • Building Area: 3,000
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 3,000
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 3750
  • Land Acres: 0.062
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 3750 LOT 25 AND NW 4 FT MEASURED AT R/A TO NW LINE OF LOT/SEC 26 BLK/DIV/TWN 32

Ownership

  • Current Owner : VO VAN
  • Previous Owner : AUGUST BEVERLY
  • Previous Owner 2: THE AUGUST FAMILY TRUST
  • Owner Before Previous Owner: 14 LA VERNE LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 577300

Zoning

  • Zoning: LBR4R

Geography

  • Assessors Map Reference: 80-B1
  • Subdivision Tract Number: 3750
  • Parcel: 7247-026-024
  • Block: 32
  • Lot: 25
  • Municipality: SOUTH /COASTAL
  • Latitude: 33.7555
  • Longitude: -118.136

    Address

  • Full Address: 5277 E Ocean Blvd
  • Address - House Number: 5277
  • Street Direction: E
  • Address - Street Name: Ocean
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C039
  • 4-Digit Zip Code: 3378
  • Zip Code: 90803

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $39,802
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 05-500

    Appraisal Valuation

  • Standard Deviation: 0.2265
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 68
  • Final Value: 2,686,221
  • High Value: 3,294,832
  • Low Value: 2,077,611

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $450,000
  • First Open Lien Mortgage Lender: TONG VUONG
  • First Open Lien Mortgage Recording Date: Oct 12, 2023
  • First Open Lien Mortgage Loan Amount: $450,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Private Lender: T

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,162,000
  • Assessed Land Value: $2,040,000
  • Assessed Improvements Value: $1,122,000

    Sales

  • Current Sale Contract Date: Aug 04, 2021
  • Current Sale Recording Date: Aug 25, 2021
  • Current Sale Transaction ID: 11850664674
  • Current Sale Price: $2,920,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1305725
  • Previous Sale Recording Date: Sep 28, 2016
  • Previous Sale Contract Date: Feb 16, 2016
  • Previous Sale Amount: $2,352,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PMAC LENDING SERVICES INC
  • First Mortgage Transaction Date: Aug 25, 2021
  • First Mortgage Loan Amount: $1,732,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FARMERS & MERCHANTS BANK OF LO
  • Previous Mortgage Transaction Date: Sep 28, 2016
  • Previous Mortgage Loan Amount: $1,293,600
  • Previous Mortgage Term: 84
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2023

About Belmont Shore



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Frequently Asked Questions

What neighborhood is 5277 East Ocean Boulevard located in?
The 5277 East Ocean Boulevard is a house located in the neighborhood of Belmont Shore in Belmont Shore, Long Beach.
What is the average sales price for listings in 5277 East Ocean Boulevard?
The average sales price for units in 5277 East Ocean Boulevard is $0 currently.

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