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741 East Burnett Street

741 East Burnett Street, Long Beach, CA 90806
Sold Feb 25, 1994
$119,000
$486,500 by Mega Capital Funding Inc
Mortgage Due Feb 01, 2050
Sold Dec 09, 1993
$173,100
Local assessors in Long Beach, CA have categorized 741 East Burnett Street as a residential type of property. The home was built in 1928 and is 96 years old. It was most recently renovated and altered in 1933. The property's lot size has been calculated to be 4,668 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a triplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 741 East Burnett Street has a total of 2,475 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. 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 - C. Residents rely on air conditioning for their cooling 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, 741 East Burnett Street was last sold in Jan 1, 1970 for $119,000. According to our calculations, that's $48.08 per sqft. Prior to that sales transaction, the property was sold for $173,100 in Dec 7, 1993. Current property owners are expected to pay $10,558 in taxes per year. The property on 741 East Burnett Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $851,451. To break that down further, the land itself was valued at $420,470. While improvements to the property were assessed at a total of $430,981. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1928
  • Effective Year Built: 1933
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,668
  • Total Building Area: 2,475
  • Gross Building Area: 2,475
  • Building Area: 2,475
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,475
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUNNY SLOPE TRACT
  • Land Acres: 0.107
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: SUNNY SLOPE LOT COM AT MOST E COR OF LOT 17 BLK F TH W 108.17 FT TH N 0 03 E TO NE LINE OF SD LOT TH SE TO BEG PART OF LOT/SEC 17 BLK/DIV/TWN F

Ownership

  • Current Owner : PADILLA VERONICA A
  • Previous Owner : WORLD S & L ASSN
  • Owner Before Previous Owner: GOLDEN WEST SVGS ASSN SERVICE CO
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 573201

Zoning

  • Zoning: LBR3T

Geography

  • Assessors Map Reference: 75-D2
  • Parcel: 7211-007-027
  • Block: F
  • Lot: 17
  • Municipality: SOUTH /POLY HI/WRIGLEY
  • Latitude: 33.8009
  • Longitude: -118.183

    Address

  • Full Address: 741 E Burnett St
  • Address - House Number: 741
  • Street Direction: E
  • Address - Street Name: Burnett
  • Address - Suffix Type: St
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C019
  • 4-Digit Zip Code: 3225
  • Zip Code: 90806

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,558
  • Tax Rate Code Area: 11-933

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 980,247
  • High Value: 1,199,232
  • Low Value: 761,261

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $486,500
  • First Open Lien Mortgage Lender: MEGA CAPITAL FUNDING INC
  • First Open Lien Mortgage Recording Date: Jan 17, 2020
  • First Open Lien Mortgage Loan Amount: $486,500
  • 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: Feb 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $851,451
  • Assessed Land Value: $420,470
  • Assessed Improvements Value: $430,981

    Sales

  • Current Sale Recording Date: Feb 25, 1994
  • Current Sale Transaction ID: 1018520071
  • Current Sale Price: $119,000
  • Current Sale Document Type: Corporation Deed
  • Current Sale Input Document Number: 94-0391533
  • Previous Sale Recording Date: Dec 09, 1993
  • Previous Sale Contract Date: Dec 07, 1993
  • Previous Sale Amount: $173,100
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: WORLD S/L
  • First Mortgage Transaction Date: Feb 25, 1994
  • First Mortgage Loan Amount: $97,580
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Mar 01, 2024

    Financing

  • First Mortgage Financing Type: Variable

About Central Long Beach



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Frequently Asked Questions

What neighborhood is 741 East Burnett Street located in?
The 741 East Burnett Street is a located in the neighborhood of Central Long Beach in Central Long Beach, Long Beach.
What is the average sales price for listings in 741 East Burnett Street?
The average sales price for units in 741 East Burnett Street is $0 currently.

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