216 Park Ave Long Beach, CA 90803

$1,370,000 Sold Price as of 10/11/2017

4 Beds
3 Baths
2,586 Sq.Ft.

Off Market

$1,370,000 Sold Price as of 10/11/2017 Refinance Your Mortgage

Map preview of 216 Park Ave, Long Beach, CA 90803

Property Overview: 216 Park Ave Long Beach, CA has 4 bedrooms, 3 bathrooms, 2,586 living square feet and 2,952 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

216 Park 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 $769,000. The median price per/sqft for Long Beach is $648. 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 $153,800 for the down payment and will need roughly $15,380 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 216 Park Ave

Last sold for $1,370,000 on October 11th, 2017

October, 2017
Oct 11, 2017

Date

Sold

CRMLS: PW17152490

$1,370,000

Price
Oct 1, 2017

Date

Pending

CRMLS: PW17152490

$1,450,000

Price
Sep 1, 2017

Date

Active Under Contract

CRMLS: PW17152490

$1,450,000

Price
Jul 6, 2017

Date

Active

CRMLS: PW17152490

$1,450,000

Price
Listing provided courtesy of CRMLS

Location, Location, Location! Highly sought after & rare Spanish style Duplex in the heart of Belmont Shore. This IS where everyone wants to be! Rental rates are great, & area vacancy rates are super low with NO rent control. Owner kept it in impeccable condition. The upstairs was the owners unit featuring a large 3 bed/ 2 full bath large 1,473 sq/ft., estimated, (currently 3rd bedroom being used as a family room). Downstairs is the same layout, just does not have the 3rd room, estimated at 1,173 sq/ft. Each unit features a large living room, formal dining room, & individual laundry room off the kitchen. Front is fully landscaped, and there is also a back patio area, and 2 single car garages (garages can be rented separately to increase the income potential). This Duplex could be converted to a spacious single family home too! Click the link to watch the 3D Tour. This is a great property to owner occupy, while having a great income to help with the mortgage. Belmont shore is a huge hot spot for restaurants, entertainment, shopping, and enjoying the beach. Buy now while interest rates are still low. Pride of ownership shows with this property. Stop by and see it today.

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October, 2017
Oct 11, 2017

Date

Sold (Public Records)

Public Records

$1,370,000

Price
February, 2016
Feb 24, 2016

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 216 Park Ave

Assessed Value (2020): $1,425,348

Year	Land Value	Improved Value	Assessed Value
2020	$936,360	$488,988	$1,425,348

About 216 Park Ave

Detailed summary of property

216 Park Ave is categorized with a use code of Duplex (2 Units, Any Combination) in Long Beach, CA 90803 and last sold on October 11, 2017 for $1,370,000. This property has 4 bedrooms, 3 bathrooms, roughly 2,586 living square feet, and sits on an approximately 2,952 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 67.28% higher than the current median priced home. 216 Park Ave was last sold on October 11, 2017 for $1,370,000. Local nearby listings include 295 Glendora Ave, 57 Bay Shore Ave and 3901 E Livingston Dr #404. The average home in Long Beach, CA is selling in 65 days. There are currently 777 homes for sale in the Long Beach real estate market and 410 of them are single family homes while 343 of them are condos and 22 are townhomes. If you are the homeowner and looking to sell the home at 216 Park Ave Long Beach, CA 90803 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 216 Park Ave

Public county record property details

Beds: 4
Baths: 3
Year built: 1929
Sq. Ft.: 2,586
Lot Size: 2,952
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 3
APN: 7249-034-002

The source for these homes facts are from public records.

90803 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,600,000

Median List Price/Sq.Ft.

$824

Median Sold Price

$1,000,000

Median Sold Price/Sq.Ft.

$755

Total Inventory

123

Median Sale to List Price %

100.2%

Avg Days on Market

Loan Type

Conventional (29.63%), FHA (0%), VA (3.7%), Cash (37.04%), Other (29.63%)

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