1951 Magnolia Ave Long Beach, CA 90806

$525,000 Sold Price as of 07/03/2018

3 Beds
1 Baths
1,566 Sq.Ft.

Off Market

$525,000 Sold Price as of 07/03/2018 Refinance Your Mortgage

Map preview of 1951 Magnolia Ave, Long Beach, CA 90806

Property Overview: 1951 Magnolia Ave Long Beach, CA has 3 bedrooms, 1 bathrooms, 1,566 living square feet and 7,978 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1951 Magnolia Ave is currently an off market home in the city of Long Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Long Beach has a median list price of $780,000. The median price per/sqft for Long Beach is $646. With those numbers in mind, if you are looking to purchase a median priced home in Long Beach, CA and put 20% down you will need to save up $156,000 for the down payment and will need roughly $15,600 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Long Beach the commission could be as much as $40,950. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1951 Magnolia Ave

Last sold for $525,000 on July 3rd, 2018

July, 2018
Jul 3, 2018

Date

Sold

CRMLS: PW18069630

$525,000

Price
May 14, 2018

Date

Active Under Contract

CRMLS: PW18069630

$518,000

Price
May 3, 2018

Date

Active

CRMLS: PW18069630

$518,000

Price
Apr 19, 2018

Date

Active Under Contract

CRMLS: PW18069630

$518,000

Price
Apr 13, 2018

Date

Active

CRMLS: PW18069630

$518,000

Price
Apr 5, 2018

Date

Pending

CRMLS: PW18069630

$518,000

Price
Mar 29, 2018

Date

Active

CRMLS: PW18069630

$518,000

Price
Listing provided courtesy of CRMLS

As you pull up to this 1936 Spanish Colonial Revival Home you will automatically be attracted to its unique architecture and charm. Enter & to your left you will find a lovely period living room with a fireplace, front bay windows, a double tray ceiling and 3 sets of sconces for lighting. The next room is the separate dining room, also with double tray ceilings. The kitchen features original cupboards and tile counters; it is attached to a breakfast room with a skylight. You will find original built in cabinets and drawers in the hallway for storage, as well as in the bedroom closets. Three of the four bedrooms are generous in size and have their own walk in closet that doesn't impede or diminish the living space of the rooms. This property has amazing potential. Deciding which of the original architectural features you will keep, and which rooms (of the 1566 sq. feet) you will want to reimagine to make this house your home, will be your only challenge. A modern amenity, that is also inculded, is the existing solar panel system, which will minimize your monthly electric bills. This home is located in the Historic South Wrigley neighborhood on a 7,978 sq. foot lot. This parcel is currently zoned for the potential of future development. Last but not least, this home provides an enviable amount of off-street parking on its extended driveway leading to the 2-car garage. While the front yard is filled with drought tolerant succulents; the backyard could be your park-like oasis.

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July, 2018
Jul 3, 2018

Date

Sold (Public Records)

Public Records

$525,000

Price

Tax History for 1951 Magnolia Ave

Assessed Value (2020): $535,500

Year	Land Value	Improved Value	Assessed Value
2020	$428,400	$107,100	$535,500

About 1951 Magnolia Ave

Detailed summary of property

1951 Magnolia Ave is a single family home in Long Beach, CA 90806 and last sold on July 3, 2018 for $525,000. This house has 3 bedrooms, 1 bathrooms, roughly 1,566 living square feet, and sits on an approximately 7,978 square foot lot. Homes in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 35.9% lower than the current median priced home. 1951 Magnolia Ave was last sold on July 3, 2018 for $525,000. Local nearby listings include 2290 Pasadena Ave, 2670 Magnolia Ave and 2329 Easy Ave. The average home in Long Beach, CA is selling in 62 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. If you are the homeowner and looking to sell the home at 1951 Magnolia Ave Long Beach, CA 90806 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1951 Magnolia Ave

Public county record property details

Beds: 3
Baths: 1
Year built: 1936
Sq. Ft.: 1,566
Lot Size: 7,978
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 7
APN: 7202-042-020

The source for these homes facts are from public records.

90806 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$770,000

Median List Price/Sq.Ft.

$530

Median Sold Price

$920,000

Median Sold Price/Sq.Ft.

$534

Total Inventory

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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