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5902 Cypress Point Avenue

5902 Cypress Point Avenue, Long Beach, CA 90808
Property in East End
Sold Jun 29, 2006
$735,000
$551,175 by Mortgage Investment Lending As
Mortgage Due Jul 01, 2036
5902 Cypress Point Avenue 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 2005 and is 19 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 5902 Cypress Point Avenue has 2,043 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 165,330 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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. 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 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, 5902 Cypress Point Avenue sold most recently in May 27, 2006 for a total of $735,000. If you work out the math, that's approximately a cost of $359.77 per sqft. 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 $6,222 in taxes each year. 5902 Cypress Point Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $480,720. If we break it down further, the land itself was valued at $130,874. Improvements to the property, however, were assessed at a total of $349,846. The property's total assessed value has been marked as more than the total market value 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 165,330
  • Total Building Area: 2,043
  • Building Area: 2,043
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,043
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CYPRESS POINT
  • Land Acres: 3.796
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TR=53706 LOT 1 CONDO UNIT 48 (AIRSPACE AND 1/48 INT IN COMMON AREA)

Ownership

  • Current Owner : REYES LEO
  • Current Owner 2: REYES AMELIA
  • Previous Owner : ANASTASI DEVELOPMENT CO LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 573700

Zoning

  • Zoning: LCC1YY

Geography

  • Subdivision Tract Number: 53706
  • Parcel: 7185-019-084
  • Lot: 1
  • Municipality: SOUTH /EL DORADO PARK
  • Latitude: 33.8278
  • Longitude: -118.115

    Address

  • Full Address: 5902 Cypress Point Ave
  • Address - House Number: 5902
  • Address - Street Name: Cypress Point
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C013
  • 4-Digit Zip Code: 2128
  • Zip Code: 90808

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,222
  • Tax Rate Code Area: 14-826

    Appraisal Valuation

  • Standard Deviation: 0.2138
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 829,889
  • High Value: 1,007,370
  • Low Value: 652,407

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $551,175
  • First Open Lien Mortgage Lender: MORTGAGE INVESTMENT LENDING AS
  • First Open Lien Mortgage Recording Date: Jun 29, 2006
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $551,175
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $480,720
  • Assessed Land Value: $130,874
  • Assessed Improvements Value: $349,846

    Sales

  • Current Sale Contract Date: May 27, 2006
  • Current Sale Recording Date: Jun 29, 2006
  • Current Sale Transaction ID: 1038717584
  • Current Sale Price: $735,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 06-1434012

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTMENT LENDING AS
  • First Mortgage Transaction Date: Jun 29, 2006
  • First Mortgage Loan Amount: $551,175
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Jul 01, 2036

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About East End



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Frequently Asked Questions

What neighborhood is 5902 Cypress Point Avenue located in?
The 5902 Cypress Point Avenue is a located in the neighborhood of East End in East End, Long Beach.
What is the average sales price for listings in 5902 Cypress Point Avenue?
The average sales price for units in 5902 Cypress Point Avenue is $0 currently.

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