551 Margo Ave Long Beach, CA 90803

$835,000 Sold Price as of 03/01/2005

4 Beds
4 Baths
3,069 Sq.Ft.

Off Market

$835,000 Sold Price as of 03/01/2005 Refinance Your Mortgage

Map preview of 551 Margo Ave, Long Beach, CA 90803

Property Overview: 551 Margo Ave Long Beach, CA has 4 bedrooms, 4 bathrooms, 3,069 living square feet and 7,618 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

551 Margo 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 551 Margo Ave

Last sold for $835,000 on March 1st, 2005

March, 2005
Mar 1, 2005

Date

Sold (Public Records)

Public Records

$835,000

Price
May, 2001
May 9, 2001

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 551 Margo Ave

Assessed Value (2020): $1,064,243

Year	Land Value	Improved Value	Assessed Value
2020	$757,845	$306,398	$1,064,243

About 551 Margo Ave

Detailed summary of property

551 Margo Ave is a single family home in Long Beach, CA 90803 and last sold on March 1, 2005 for $835,000. This house has 4 bedrooms, 4 bathrooms, roughly 3,069 living square feet, and sits on an approximately 7,618 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 1.95% higher than the current median priced home. 551 Margo Ave was last sold on March 1, 2005 for $835,000. Local nearby listings include 436 N Bellflower Blvd #103, 6225 Napoli Court and 519 Winslow Ave. 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 551 Margo 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 551 Margo Ave

Public county record property details

Beds: 4
Baths: 4
Year built: 1960
Sq. Ft.: 3,069
Lot Size: 7,618
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 204
APN: 7237-015-036

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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