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Sold for $1,410,000
  • Listed by: First Team Real Estate • Philip DeMatteo • Contact: 562-596-9911
    Bought with: Compass
    $1,410,000

    5518 E Oleta St, Long Beach, CA 90815

    3beds
    2,001sqft
    Single Family Residence
    Built in 1956
    8,408 Square Feet Lot
    $1,646,700 Zestimate®
    $705/sqft
    $5,404 Estimated rent

    Home value

    $1,646,700

    $1.53M - $1.79M

    $5,404/mo

    Zestimate® history
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    What's special

    Separate gated areaNew insulationBuilt-in cabinetsFormal dining roomSpacious bedroomsPlenty of storage spaceMassive front picture window
    Step into your dream world with this custom-built gem from 1956. Architecturally thoughtful and stylish. Nestled on an expansive 8,408 sq ft lot, this property has been tastefully updated and freshly painted throughout, giving it a crisp and modern look. As you step through the entry door, you'll be greeted by a solid wood floor entry that exudes style. To the left, the kitchen boasts all-new appliances, beautifully painted cabinets, and gleaming new hardware. Cook up your favorite meals on the gas stove top while gazing out of picture windows that offer stunning views of the tree-lined street and the large, park-like setting. Conveniently, there's an inside laundry room with ample pantry storage and direct access to the side yard behind the gated driveway leading to a huge detached two car garage. To the right of the entry, the extra-large family room features a fireplace and a massive front picture window that bathes the space in natural light. The hallways are adorned with plenty of storage space and built-in cabinets leading you to the formal dining room, which can also double as a den. This room features a second fireplace and glass sliders that open to the rear yard, creating a seamless flow between indoor and outdoor living perfect for outdoor entertaining and relaxation plus a separate gated area with the newly plastered pool which is extremely private and nicely landscaped surroundings. Directly down the hall, you'll discover two cool and stylish bathrooms and three spacious bedrooms, one of which has sliders leading to the pool area. Additional features of this home include a 4-year-old AC and furnace with new ducting, new insulation for energy efficiency, down lighting for ambiance, and shutters on all windows for privacy and light control. This home is situated in the prestigious Park Estates Community, offering an upscale and vibrant living environment just waiting for you to Embrace the charm, elegance, and convenience of this home. It's time to live the dream!

    Zillow last checked:

    Listing updated:

    Listed by:

    Philip DeMatteo DRE #01384378 562-596-9911,

    First Team Real Estate

    Bought with:

    Michele Kreinheder, DRE #01884449

    Compass

    Source: CRMLS,MLS#: PW23201224MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Rooms
    • Room types: Bedroom
    Bedroom
    • Features: All Bedrooms Down
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Inside, Laundry Room
    Features
    • All Bedrooms Down
    • Has fireplace: Yes
    • Fireplace features: Dining Room, Family Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,001 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front
    • Has private pool: Yes
    • Pool features: Private
    • Has view: Yes
    • View description: None
    Lot
    • Size: 8,408 Square Feet
    • Features: Lawn
    Details
    • Parcel number: 7240026019
    • Zoning: LBR1N
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1956

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    HOA
    • Has HOA: Yes
    • Amenities included: Other
    • HOA fee: $125 annually
    • HOA name: Park Estates
    • HOA phone: 562-498-3383
    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $705/sqft
    • Tax assessed value: $1,438,200
    • Annual tax amount: $10,739
    • Date on market: 10/29/2023
    • Cumulative days on market: 15 days
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    12/8/2023Sold$1,410,000-2.8%$705/sqft
    Source: CRMLS #PW23201224 Report a problem
    11/15/2023Contingent$1,450,000$725/sqft
    Source: CRMLS #PW23201224 Report a problem
    10/29/2023Listed for sale$1,450,000+41328.6%$725/sqft
    Source: CRMLS #PW23201224 Report a problem
    8/29/2017Sold$3,500$2/sqft
    Source: Agent Provided Report a problem
    8/17/2017Listing removed$3,500$2/sqft
    Source: Keller Williams Pacific Estate #PW17177388 Report a problem
    8/4/2017Listed for rent$3,500$2/sqft
    Source: Keller Williams Pacific Estate #PW17177388 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,739 -40.5%$1,438,200 +2%
    2024$18,041 +253.4%$1,410,000 +277.5%
    2023$5,105 +6.3%$373,478 +2%
    2022$4,800 +2.2%$366,156 +2%
    2021$4,698 +0.3%$358,978 +1%
    2020$4,683 $355,298 +2%
    2019$4,683 +6.6%$348,332 +2%
    2018$4,391 $341,503 +2%
    2017$4,391 +1.2%$334,808 +2%
    2016$4,340 +7.8%$328,244 +1.5%
    2015$4,027 +4.8%$323,315 +2%
    2014$3,844 $316,983 +2.5%
    2012-- $309,365 +2%
    2011-- $303,300 +0.8%
    2010-- $301,034 -0.2%
    2009-- $301,750 +2%
    2008-- $295,834 +2%
    2007-- $290,035 +2%
    2006-- $284,349
    2005-- $284,349 +4%
    2004-- $273,309 +1.9%
    2003-- $268,301 +2%
    2002-- $263,041 +4%
    2000-- $252,828
    Find assessor info on the county website

    Neighborhood: Park Estates

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,646,700
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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
    $1,646,700