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5576 East Oleta Street

5576 East Oleta Street, Long Beach, CA 90815
Sold Feb 09, 2021
$1,480,000
$680,000 by Broker Solutions Inc
Mortgage Due Mar 01, 2051
Sold Mar 31, 2011
$625,000
$500,000 by Bank Of America Na
Mortgage Due Apr 01, 2041
Local assessors in Long Beach, CA have categorized 5576 East Oleta Street as a residential type of property. The home was built in 1956 and is 68 years old. It was most recently renovated and altered in 1961. The property's lot size has been calculated to be 7,909 square feet. The linear feet between the front and back of the lot was measured at 1,260 ft and the front of the lot was measured at 650 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 3 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 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5576 East Oleta Street has a total of 1,966 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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 - A. The building has a hip style roof that was made of wood shake/ shingles. Lots of stucco were used in the construction of the exterior walls of the home. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jan 12, 2021 for $1,480,000. That's $752.80 per sqft. Prior to that sales transaction, the property was also sold in Jan 27, 2011 for $625,000. 5576 East Oleta Street was last assessed in 2023. The total value of the property was assessed at $1,539,791. Specifically, the land the property is located on was valued at $1,231,833. While improvements on the property were assessed at a total of $307,958. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $18,499. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,909
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,966
  • Building Area: 1,966
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,966
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 15545
  • Land Acres: 0.182
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 15545 LOT/SEC 28

Ownership

  • Current Owner : NAVARRO LUIS ALBERTO
  • Previous Owner : MARTIN STEVEN L
  • Owner Before Previous Owner: VANGOLD DEVELOPMENT LLC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 574800

Zoning

  • Zoning: LBR1N

Geography

  • Assessors Map Reference: 76-C4
  • Subdivision Tract Number: 15545
  • Parcel: 7240-025-006
  • Lot: 28
  • Municipality: SOUTH /PARK ESTATES
  • Latitude: 33.7773
  • Longitude: -118.124

    Address

  • Full Address: 5576 E Oleta St
  • Address - House Number: 5576
  • Street Direction: E
  • Address - Street Name: Oleta
  • Address - Suffix Type: St
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C017
  • 4-Digit Zip Code: 4433
  • Zip Code: 90815

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,499
  • Tax Rate Code Area: 05-531

    Appraisal Valuation

  • Standard Deviation: 0.2179
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,583,958
  • High Value: 1,929,114
  • Low Value: 1,238,803

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $680,000
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Feb 09, 2021
  • First Open Lien Mortgage Loan Amount: $680,000
  • 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: Mar 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,539,791
  • Assessed Land Value: $1,231,833
  • Assessed Improvements Value: $307,958

    Sales

  • Current Sale Contract Date: Jan 12, 2021
  • Current Sale Recording Date: Feb 09, 2021
  • Current Sale Transaction ID: 11816475688
  • Current Sale Price: $1,480,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0224080
  • Previous Sale Recording Date: Mar 31, 2011
  • Previous Sale Contract Date: Jan 27, 2011
  • Previous Sale Amount: $625,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Feb 09, 2021
  • First Mortgage Loan Amount: $680,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Mar 31, 2011
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2041

About Park Estates



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Frequently Asked Questions

What neighborhood is 5576 East Oleta Street located in?
The 5576 East Oleta Street is a house located in the neighborhood of Park Estates in Park Estates, Long Beach.
What is the average sales price for listings in 5576 East Oleta Street?
The average sales price for units in 5576 East Oleta Street is $0 currently.

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