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7119 East Lanai Street

7119 East Lanai Street, Long Beach, CA 90808
Property in Rancho Estates
Sold May 19, 2021
$1,145,000
$744,250 by Franklin Loan Center
Mortgage Due Jun 01, 2051
7119 East Lanai Street in Long Beach, CA was first built in 1953 and is 71 years old. Although, the building on the property was most recently renovated and altered in 1956. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 11 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 7119 East Lanai Street has 1,770 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 520 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 5,201 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of gravel/rock. There is one available parking space. 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. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Apr 29, 2021 for $1,145,000. That's $646.89 per sqft. 7119 East Lanai Street was last assessed in 2023. The total value of the property was assessed at $1,191,257. Specifically, the land the property is located on was valued at $953,006. While improvements on the property were assessed at a total of $238,251. 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 $14,238. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1953
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,201
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 520
  • Total Building Area: 1,770
  • Building Area: 1,770
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,770
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 17558
  • Land Acres: 0.119
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 17558 LOT/SEC 233

Ownership

  • Current Owner : MADAMBA JASON CHAD DACERA
  • Current Owner 2: MADAMBA LUIS VALERIE
  • Previous Owner : WILLIAMS JEFFREY J
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 574000

Zoning

  • Zoning: LBPD11

Geography

  • Assessors Map Reference: 71-F6
  • Subdivision Tract Number: 17558
  • Parcel: 7079-012-028
  • Lot: 233
  • Municipality: SOUTH /RANCHO
  • Latitude: 33.8162
  • Longitude: -118.095

    Address

  • Full Address: 7119 E Lanai St
  • Address - House Number: 7119
  • Street Direction: E
  • Address - Street Name: Lanai
  • Address - Suffix Type: St
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C023
  • 4-Digit Zip Code: 4345
  • Zip Code: 90808

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,238
  • Tax Rate Code Area: 05-516

    Appraisal Valuation

  • Standard Deviation: 0.1752
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 1,333,854
  • High Value: 1,567,657
  • Low Value: 1,100,051

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $744,250
  • First Open Lien Mortgage Lender: FRANKLIN LOAN CENTER
  • First Open Lien Mortgage Recording Date: May 19, 2021
  • First Open Lien Mortgage Loan Amount: $744,250
  • 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: Jun 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,191,257
  • Assessed Land Value: $953,006
  • Assessed Improvements Value: $238,251

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 29, 2021
  • Current Sale Recording Date: May 19, 2021
  • Current Sale Transaction ID: 11835439729
  • Current Sale Price: $1,145,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0802409

    Last Sale Mortgage

  • First Mortgage Lender: FRANKLIN LOAN CENTER
  • First Mortgage Transaction Date: May 19, 2021
  • First Mortgage Loan Amount: $744,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

About East End



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Frequently Asked Questions

What neighborhood is 7119 East Lanai Street located in?
The 7119 East Lanai Street is a located in the neighborhood of Rancho Estates in East End, Long Beach.
What is the average sales price for listings in 7119 East Lanai Street?
The average sales price for units in 7119 East Lanai Street is $0 currently.

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