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534 West 31st Street

534 West 31st Street, Long Beach, CA 90806
Sold Aug 19, 2019
$555,000
$543,500 by United Wholesale Mortgage
Mortgage Due Nov 01, 2051
Sold May 09, 2014
$405,000
$384,750 by Homebridge Financial Services
Mortgage Due Jun 01, 2044
534 West 31st Street 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 1944 and is 80 years old. However, we must point out that the home was most recently renovated and altered in 1945. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 534 West 31st Street has 989 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 1,100 ft and across the front of the lot is 450 ft. The area measurement of the land has been determined as 4,951 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. 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 C by the local assessor. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. 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, 534 West 31st Street sold most recently in Jun 20, 2019 for a total of $555,000. If you work out the math, that's approximately a cost of $561.17 per sqft. Before that, the property was also sold for $405,000 in Apr 16, 2014. 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 $7,071 in taxes each year. 534 West 31st Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $583,399. If we break it down further, the land itself was valued at $466,721. Improvements to the property, however, were assessed at a total of $116,678. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • 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: 4,951
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 450
  • Total Building Area: 989
  • Building Area: 989
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 989
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 4351
  • Land Acres: 0.114
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 4351 LOT/SEC 2 BLK/DIV/TWN 12

Ownership

  • Current Owner : FRIEDMAN MICHAEL V
  • Previous Owner : RIVERA ROBERTO
  • Previous Owner 2: RIVERA PATRICIA
  • Owner Before Previous Owner: JLMR INVESTMENTS LP
  • 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: 4351
  • Parcel: 7203-021-002
  • Block: 12
  • Lot: 2
  • Municipality: SOUTH /WRIGLEY HEIGHTS
  • Latitude: 33.8133
  • Longitude: -118.199

    Address

  • Full Address: 534 W 31st St
  • Address - House Number: 534
  • Street Direction: W
  • Address - Street Name: 31st
  • Address - Suffix Type: St
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C003
  • 4-Digit Zip Code: 1329
  • Zip Code: 90806

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,071
  • Tax Rate Code Area: 05-501

    Appraisal Valuation

  • Standard Deviation: 0.2301
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 795,133
  • High Value: 978,103
  • Low Value: 612,162

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $643,500
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 18, 2021
  • First Open Lien Mortgage Loan Amount: $543,500
  • 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
  • Second Open Lien Mortgage Lender: COASTAL COMMUNITY BANK
  • Second Open Lien Mortgage Recording Date: May 16, 2022
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $583,399
  • Assessed Land Value: $466,721
  • Assessed Improvements Value: $116,678

    Sales

  • Current Sale Contract Date: Jun 20, 2019
  • Current Sale Recording Date: Aug 19, 2019
  • Current Sale Transaction ID: 11635761993
  • Current Sale Price: $555,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0829136
  • Previous Sale Recording Date: May 09, 2014
  • Previous Sale Contract Date: Apr 16, 2014
  • Previous Sale Amount: $405,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALAMEDA MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 19, 2019
  • First Mortgage Loan Amount: $527,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • Previous Mortgage Transaction Date: May 09, 2014
  • Previous Mortgage Loan Amount: $384,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2044

About North Wrigley



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Frequently Asked Questions

What neighborhood is 534 West 31st Street located in?
The 534 West 31st Street is a house located in the neighborhood of North Wrigley in North Wrigley, Long Beach.
What is the average sales price for listings in 534 West 31st Street?
The average sales price for units in 534 West 31st Street is $0 currently.

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