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865 Palo Verde Avenue

865 Palo Verde Avenue, Long Beach, CA 90815
Property in Bixby Hill
Sold Sep 21, 2021
$1,700,000
$1,360,000 by Pnc Bank Na
Mortgage Due Oct 01, 2051
865 Palo Verde Avenue in Long Beach, CA was first built in 1968 and is 56 years old. Although, the building on the property was most recently renovated and altered in 1970. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. There are a total of 2 floors. There are a total of 13 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 865 Palo Verde Avenue has 4,596 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 730 ft and the linear feet between the front and back of the lot is 1,490. In total, the area measurement of the land is 10,901 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable style roof made of wood shake/ shingles. 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 C. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. 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. 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, 865 Palo Verde Avenue was last sold in Sep 1, 2021 for $1,700,000. According to our calculations, that's $369.89 per sqft. Current property owners are expected to pay $20,874 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 865 Palo Verde Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,734,000. To break that down further, the land itself was valued at $1,387,200. While improvements to the property were assessed at a total of $346,800. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1968
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,901
  • Lot Size Depth Feet: 1,490
  • Lot Size Frontage Feet: 730
  • Total Building Area: 4,596
  • Building Area: 4,596
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,596
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 23482
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 23482 1/2 VAC ST ADJ ON E AND LOT/SEC 8

Ownership

  • Current Owner : NGUYEN SAM P
  • Current Owner 2: ROSENTHAL JAMES E
  • Previous Owner : SULLOS JAMES J
  • Previous Owner 2: SULLOS VICKIE J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 574602

Zoning

  • Zoning: LBR1N

Geography

  • Assessors Map Reference: 76-E4
  • Subdivision Tract Number: 23482
  • Parcel: 7239-024-036
  • Lot: 8
  • Municipality: SOUTH /LB/STATE COLLEGE
  • Latitude: 33.7782
  • Longitude: -118.108

    Address

  • Full Address: 865 Palo Verde Ave
  • Address - House Number: 865
  • Address - Street Name: Palo Verde
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C020
  • 4-Digit Zip Code: 4728
  • Zip Code: 90815

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,874
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 05-516

    Appraisal Valuation

  • Standard Deviation: 0.2179
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,927,027
  • High Value: 2,346,940
  • Low Value: 1,507,114

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,360,000
  • First Open Lien Mortgage Lender: PNC BANK NA
  • First Open Lien Mortgage Recording Date: Sep 21, 2021
  • First Open Lien Mortgage Loan Amount: $1,360,000
  • 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: Oct 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,734,000
  • Assessed Land Value: $1,387,200
  • Assessed Improvements Value: $346,800

    Sales

  • Current Sale Contract Date: Sep 01, 2021
  • Current Sale Recording Date: Sep 21, 2021
  • Current Sale Transaction ID: 11856731992
  • Current Sale Price: $1,700,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1440395

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK NA
  • First Mortgage Transaction Date: Sep 21, 2021
  • First Mortgage Loan Amount: $1,360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

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Frequently Asked Questions

What neighborhood is 865 Palo Verde Avenue located in?
The 865 Palo Verde Avenue is a located in the neighborhood of Bixby Hill in Bixby Hill, Long Beach.
What is the average sales price for listings in 865 Palo Verde Avenue?
The average sales price for units in 865 Palo Verde Avenue is $0 currently.

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