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Sold for $1,445,000
  • Listed by: First Team Real Estate North Tustin • Alicia Wright • Contact: 714 273-4056
    Bought with: Compass
    $1,445,000

    531 Margo Ave, Long Beach, CA 90803

    3beds
    1,452sqft
    Single Family Residence
    Built in 1960
    6,660 Square Feet Lot
    $1,415,700 Zestimate®
    $995/sqft
    $5,168 Estimated rent

    Home value

    $1,415,700

    $1.27M - $1.57M

    $5,168/mo

    Zestimate® history
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    What's special

    Mature landscapingExpansive park-like backyardTimeless charmTranquil retreatSleek cabinetryPremium fixturesModern elegance
    Welcome to 531 Margo Avenue...a stunning 3-bedroom, 2-bathroom home in the highly sought-after University Park Estates neighborhood, also known as 'The Hole.' This meticulously maintained home offers a perfect blend of modern elegance and timeless charm. Recently remodeled, the kitchen and bathrooms boast high-end finishes, sleek cabinetry, and premium fixtures designed to impress. There is beautiful hardwood and tile flooring throughout the home, as well as crown molding and recessed lighting. Energy efficiency takes center stage with fully paid-off solar panels and energy efficient windows, while the expansive park-like backyard provides a tranquil retreat for cooking in the outdoor kitchen, entertaining or unwinding in the spa, among lush greenery and mature landscaping. The backyard was professionally landscaped and designed for large family events, parties, weddings and enjoying the open space and custom design. This property is just a few doors away from being on, what is known as, the friendliest executive 9-hole “Bixby Golf” course. This family owned course has been around since 1980 and adds charm to the neighborhood.Nestled in a prime location near top-rated schools, including CSLB, parks, shopping, dining, golf and the beach, this home delivers not only a place to call home, but also an exceptional lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    Alicia Wright DRE #01120929 714273-4056,

    First Team Real Estate North Tustin,

    Lillian Barrett DRE #01938807 714-742-5106,

    First Team Real Estate North Tustin

    Bought with:

    Leslie Stonick, DRE #01363678

    Compass

    Source: CRMLS,MLS#: PW25002243MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • 3/4 bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Rooms
    • Room types: Bedroom, Family Room, Kitchen, Laundry, Primary Bathroom, Primary Bedroom
    Bedroom
    • Features: All Bedrooms Down
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Full Bath on Main Level, Quartz Counters, Remodeled, Separate Shower, Upgraded
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: 6 Burner Stove, Double Oven, Dishwasher, Disposal, Gas Range, Water Heater
    • Laundry: Inside, Laundry Room
    Features
    • Open Floorplan, Quartz Counters, All Bedrooms Down, Bedroom on Main Level
    • Flooring: Wood
    • Has fireplace: Yes
    • Fireplace features: Family Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,452 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Direct Access, Driveway, Garage
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Patio & porch: Patio, Porch
    • Exterior features: Brick Driveway
    • Pool features: None
    • Has spa: Yes
    • Spa features: Above Ground
    • Fencing: Wood
    • View description: None
    Lot
    • Size: 6,660 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 7237015034
    • Zoning: LBPD1
    • Special conditions: Standard,Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Biking, Curbs, Gutter(s), Sidewalks
    • Subdivision: College Park Estates (Cps)
    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $995/sqft
    • Tax assessed value: $1,190,988
    • Date on market: 1/6/2025
    • Cumulative days on market: 9 days
    • Listing terms: Submit
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/20/2025Sold$1,445,000+3.2%$995/sqft
    Source: CRMLS #PW25002243 Report a problem
    1/23/2025Contingent$1,400,000$964/sqft
    Source: CRMLS #PW25002243 Report a problem
    1/6/2025Listed for sale$1,400,000+360.5%$964/sqft
    Source: CRMLS #PW25002243 Report a problem
    5/31/2000Sold$304,000$209/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,190,988 +154.9%
    2025$18,541 +199.8%$467,220 +2%
    2024$6,185 +1.7%$458,059 +2%
    2023$6,083 +6.4%$449,078 +2%
    2022$5,715 +2%$440,274 +2%
    2021$5,602 +0.3%$431,642 +1%
    2020$5,584 $427,217 +2%
    2019$5,584 +5.9%$418,841 +2%
    2018$5,273 $410,629 +2%
    2017$5,273 +1.1%$402,578 +2%
    2016$5,214 +7.6%$394,685 +1.5%
    2015$4,848 +4.8%$388,758 +2%
    2014$4,624 $381,144 +2.5%
    2012-- $371,984 +2%
    2011-- $364,691 +0.8%
    2010-- $361,966 -0.2%
    2009-- $362,826 +2%
    2008-- $355,713 +2%
    2007-- $348,740 +2%
    2006-- $341,903
    2005-- $341,903 +4%
    2004-- $328,628 +1.9%
    2003-- $322,606 +2%
    2002-- $316,281 +315.2%
    2000-- $76,169
    Find assessor info on the county website

    Neighborhood: University Park Estates

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,415,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,415,700