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546 Cherry Avenue

546 Cherry Avenue, Long Beach, CA 90802
Property in Franklin School
Sold Apr 06, 2017
$3,300,000
$1,650,000 by Eh National Bank
Mortgage
Sold Dec 01, 2015
$1,825,000
$1,540,000 by Banc Of California Na
Mortgage
546 Cherry Avenue in Long Beach, CA was first built in 1963 and is 61 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 13 are bedrooms. In terms of bathrooms, there are a total of 12 full bathrooms. There are 12 partial bathrooms. 546 Cherry Avenue has 7,360 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. The linear feet across the front of the lot is 650 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 8,126 square feet.

Learn more about the property and building on this page. The home has a flat style roof made of tar and gravel. For those who need parking, there is a garage. The garage is 1,192 sqft. 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 B. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. As for heating, the home is utilizing a heating system. 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, 546 Cherry Avenue was last sold in Feb 23, 2017 for $3,300,000. According to our calculations, that's $448.37 per sqft. Prior to that sales transaction, the property was sold for $1,825,000 in Sep 8, 2015. Current property owners are expected to pay $45,011 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2018. The property on 546 Cherry Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $3,681,211. To break that down further, the land itself was valued at $1,673,278. While improvements to the property were assessed at a total of $2,007,933. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Bedroom Count: 13
  • Bathroom Count: 12
  • Full Bathrooms: 12
  • Partial Bathrooms: 12
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 12
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 1,192
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,126
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 650
  • Total Building Area: 7,360
  • Gross Building Area: 7,360
  • Building Area: 7,360
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 7,360
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RE SUB
  • Land Acres: 0.187
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: RE SUBDIVISION OF PORTIONS OF THE ALAMITOS TRACT AND ALAMITOS BEACH TOWNSITE LOT COM ON E LINE OF CHERRY AVEN 265 FT FROM S LINE OF LOT 4 BLK F TH N 65 FT WITH A UNIFORM DEPTH OF 125 FT EPART OF LOT 4 BLK F

Ownership

  • Current Owner : THOMPSON MARIA
  • Previous Owner : 546 CHERRY WATERFORD LLC
  • Owner Before Previous Owner: EPIS INVESTMENTS LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 576801

Zoning

  • Zoning: LBR1N

Geography

  • Assessors Map Reference: 75-E5
  • Parcel: 7262-025-010
  • Block: F
  • Lot: 4
  • Municipality: SOUTH /CENT. LONG BEACH
  • Latitude: 33.7744
  • Longitude: -118.167

    Address

  • Full Address: 546 Cherry Ave
  • Address - House Number: 546
  • Address - Street Name: Cherry
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C011
  • 4-Digit Zip Code: 2042
  • Zip Code: 90802

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $45,011
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 05-500

    Appraisal Valuation

  • Standard Deviation: 0.221
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 55
  • Final Value: 3,375,378
  • High Value: 4,121,482
  • Low Value: 2,629,273

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,650,000
  • First Open Lien Mortgage Lender: EH NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jun 30, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $1,650,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,681,211
  • Assessed Land Value: $1,673,278
  • Assessed Improvements Value: $2,007,933

    Sales

  • Current Sale Contract Date: Feb 23, 2017
  • Current Sale Recording Date: Apr 06, 2017
  • Current Sale Transaction ID: 1806799728
  • Current Sale Price: $3,300,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17-0381429
  • Previous Sale Recording Date: Dec 01, 2015
  • Previous Sale Contract Date: Sep 08, 2015
  • Previous Sale Amount: $1,825,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SAN DIEGO PRIVATE BANK
  • First Mortgage Transaction Date: Apr 06, 2017
  • First Mortgage Loan Amount: $1,450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: BANC OF CALIFORNIA NA
  • Previous Mortgage Transaction Date: Dec 01, 2015
  • Previous Mortgage Loan Amount: $1,540,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Franklin School



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Frequently Asked Questions

What neighborhood is 546 Cherry Avenue located in?
The 546 Cherry Avenue is a located in the neighborhood of Franklin School in Franklin School, Long Beach.
What is the average sales price for listings in 546 Cherry Avenue?
The average sales price for units in 546 Cherry Avenue is $0 currently.

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