NOT LISTED FOR SALE

Estimated Value: $629,518

1 Bed
1 Bath
779 Sq Ft
0.65 Acre Lot

Sale Details

Date Sold: August 12, 2016

Last sale price $500,000 $642 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,395 / mo

39 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Heated In Ground Pool
  • Long Beach Polytechnic High School Rated A
  • Property has ocean access
  • All Bedrooms Downstairs

About This Home

As of August 2016

Welcome to the Ocean Terrace – On the sand, looking straight out your patio with succulent garden and Ocean, Marina, and Queen Mary Views! Sleek and Modern, this remodeled unit has an open kitchen, beautiful waterfall Glacier White Corian countertops, recessed lighting, inside laundry, spacious bathroom with floating vanity, stunning designer tilework and frameless shower doors. 90k spent on upgrades. This unit comes with 2 full size parking spaces and newer storage closets. The Complex was meticulously upgraded a few years ago including common roofs, expansive rooftop deck and refinished sparkling pool area. The entire grounds are beautifully landscaped with modern touches and HOA clubhouse features full bathroom suites with saunas. Best of all, this complex has one of the lowest monthly assessments available for luxury Oceanfront Complexes.

Last Agent to Sell the Property

Sergio Macias

Keller Williams Realty License #01247110 Listed on: 05/20/2016

Keller Williams Realty

Last Buyer's Agent

William Hayward

Y Realty License #01722898

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1976 | Remodeled

Lot Details

  • Beach Front
  • 1 Common Wall
  • South Facing Home
  • Wrought Iron Fence
  • Stucco Fence

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Automatic Gate
  • Parking Lot
  • Assigned Parking
  • Controlled Entrance
  • Community Parking Structure

Property Views

  • White Water Ocean
  • Marina
  • Coastline
  • Panoramic

Home Design

  • Contemporary Architecture
  • Common Roof
  • Stucco

Interior Spaces

  • 779 Sq Ft Home
  • Open Floorplan
  • Bar
  • Recessed Lighting
  • Combination Dining and Living Room
  • Security Lights
  • Laundry closet

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Bedrooms Down
  • 1 Full Bathroom

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Property has ocean access
  • Ocean Side of Highway 1
  • Concrete Porch or Patio
  • Rain Gutters

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31853
  • Assessor Parcel Number 7265005018

Community Details

Overview

  • 44 Units

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Security

  • Controlled Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1976 | Remodeled

Lot Details

0.65 Acres

HOA Fees

$270 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Security Lights, Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265005018
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 779.00
  • Interior Amenities: Bar, Granite Counters, Open Floorplan, Recessed Lighting
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Levels: One
  • Price Per Square Foot: 641.85
  • Room Type: All Bedrooms Down, Living Room
  • Spa Features: Association, In Ground

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • View: Coastline, Marina, Ocean, Panoramic, White Water
  • Fence: Yes
  • Fencing: Stucco Wall, Wrought Iron
  • Patio And Porch Features: Concrete, Patio Open, Wood
  • Pool Features: Association, Fenced, Heated, In Ground
  • Pool Private: Yes
  • Roof: Common Roof
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance, Gated, Parking Space
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: In Closet, Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse, Controlled Access, Dues Paid Monthly, Outdoor Cooking Area, Pool, Sauna, Spa/Hot Tub, Trash
  • Association Fee: 270.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Gutters

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 44
  • Number Of Units Total: 44
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Side Of Highway 1, Ocean Side of Freeway

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 31853

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2020
Sold by
Phelps Robert G
Bought by
Current Estimated Value
$629,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Outstanding Balance
$316,541
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$312,977

Purchase Details

Closed on
Jul 29, 2020
Sold by
Phelps Robert G
Bought by
Phelps Robert G and Robert G Phelps Living Trust

Purchase Details

Listed on
May 20, 2016
Closed on
Jul 5, 2016
Sold by
Pardo Manuel
Bought by
Phelps Robert G
Seller's Agent
Sergio Macias
Keller Williams Realty
Buyer's Agent
William Hayward
Y Realty
List Price
$575,000
Sold Price
$500,000
Premium/Discount to List
-$75,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.31%
Original Mortgage
$400,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 11, 2014
Closed on
Mar 14, 2014
Sold by
Yazzie Tina
Bought by
Pardo Manuel
Seller's Agent
Michael Ojeda
HomeSmart Realty Group
Buyer's Agent
Sergio Macias
Keller Williams Realty
List Price
$420,000
Sold Price
$377,000
Premium/Discount to List
-$43,000
-10.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.60%
Original Mortgage
$301,600
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 11, 2014
Closed on
Mar 10, 2014
Sold by
Seaman Bryan
Bought by
Pardo Manuel
Seller's Agent
Michael Ojeda
HomeSmart Realty Group
Buyer's Agent
Sergio Macias
Keller Williams Realty
List Price
$420,000
Sold Price
$377,000
Premium/Discount to List
-$43,000
-10.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,600
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2001
Sold by
Chan William W and Chan Wai Yi Tung
Bought by
Seaman Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,375
Interest Rate
8.94%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Alamitos Beach, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Fidelity National Title
Phelps Robert G -- Fidelity Natl Ttl San Diego
Phelps Robert G -- None Available
Phelps Robert G $500,000 Fidelity National Title Co
Pardo Manuel -- Chicago Title Company
Pardo Manuel $377,000 Chicago Title Company
Seaman Bryan $212,500 Equity Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $365,000
Closed Phelps Robert G $400,000
Previous Owner Pardo Manuel $301,600
Previous Owner Seaman Bryan $159,375
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/12/2016 08/12/16 Sold $500,000 -4.8% $642 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
06/27/2016 06/27/16 Price Changed $525,000 -4.5% $674 / Sq Ft
05/29/2016 05/29/16 Price Changed $550,000 -4.3% $706 / Sq Ft
05/20/2016 05/20/16 For Sale $575,000 -- $738 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $7,618 $591,892 $236,756 $355,136
2025 $7,618 $580,287 $232,114 $348,173
2024 $7,292 $568,910 $227,563 $341,347
2023 $7,169 $557,755 $223,101 $334,654
2022 $6,724 $546,820 $218,727 $328,093
2021 $6,595 $536,099 $214,439 $321,660
2020 $6,578 $530,603 $212,241 $318,362
2019 $6,500 $520,200 $208,080 $312,120
2018 $6,351 $510,000 $204,000 $306,000
2016 $4,692 $390,395 $253,291 $137,104
2015 $4,502 $384,532 $249,487 $135,045
2014 $3,153 $261,197 $170,363 $90,834
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16108401

California Regional Multiple Listing Service (CRMLS)

APN: 7265-005-018

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