NOT LISTED FOR SALE

Estimated Value: $860,000 - $974,000

2 Beds
2.5 Baths
1,304 Sq Ft
0.65 Acres Lot

Sale Details

Date Sold: March 22, 2022

Last sale price $906,000 $695 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,536 / mo

9 Days on Market

Highlights

  • Ocean View
  • Heated Pool
  • Primary Bedroom Suite
  • Long Beach Polytechnic High School Rated A
  • Fishing
  • Updated Kitchen

About This Home

As of March 2022

A RARE find - a Townhouse on the beach side of Ocean Blvd, just steps from the sand and sea! This beach front condominium complex is highly sought after. Residents have private, direct access onto the sand. The townhome has just finished a gorgeous renovation offering a completely new, designer kitchen, with new cabinets, countertops, and stainless steel appliances. New luxury wood -like vinyl plank flooring installed throughout the unit - no carpet. New interior paint throughout and Central AC. This home comes with TWO PARKING SPACES that are deeded and inside the secure access garage. With no units above or below this property, it feels like a luxury vacation home. 2 spacious bedrooms are upstairs - both with en-suite, full bathrooms. The primary bedroom has ocean views. Downstairs is a dining room which opens to the front, private patio, a gorgeous kitchen, downstairs bathroom and a huge living room with gas fireplace and a wet bar. The living room opens to a large, private patio with Ocean Views. If you'd like to live at the beach, but still want to have your own outdoor space to entertain, garden, have coffee or cocktails with while watching the sun set over the ocean...this is your place! Alamitos Beach offers the ideal combination of beach living with close access to entertainment, the Acura Grand Prix, boating &water sports, theatre, 100s of restaurants, night life, concert venues, culture, museums, etc.

Last Agent to Sell the Property

AnneMarie Baham

Keller Williams Coastal Proper License #01947258 Listed on: 02/10/2022

Keller Williams Coastal Proper

Last Buyer's Agent

Thomas Bradshaw

Redfin Corporation License #02064754

Redfin Corporation

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1976

Lot Details

  • 0.65

HOA Fees

  • $610 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,304 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Ocean Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower

Schools

  • Polytechnic High School

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Heated Pool
  • Two or More Common Walls

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 31853
  • Assessor Parcel Number 7265005015

Community Details

Overview

  • 44 Units
  • Ocean Terrace Association
  • Horizon Management HOA
  • Ocean Terrace Subdivision
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Recreation Room
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa
  • Fishing
  • Park
  • Dog Park
  • Water Sports
  • Bike Trail

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Year Built

Built in 1976

Lot Details

0.65 Acres

HOA Fees

$610 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: All (brand new) stainless steel kitchen appliances, including the refrigerator.
  • Property Attached: Yes
  • Subdivision Name Other: Ocean Terrace (OCT)
  • View: Yes
  • Zoning: LBPD5
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265005015
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1304.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Living Room Deck Attached, Open Floorplan, Recessed Lighting, Wet Bar
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 694.79
  • Room Type: All Bedrooms Up, Entry, Family Room, Kitchen, Living Room, Master Bathroom, Master Bedroom, Master Suite
  • Bathroom Features: Shower In Tub, Double Sinks In Master Bath
  • Room Kitchen Features: Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • View: Ocean, Water
  • Pool Features: Community, Heated
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Refrigerator
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Barbecue, Clubhouse, Recreation Room, Earthquake Insurance, Maintenance Grounds, Trash, Sewer, Water, Pet Rules, Hot Water
  • Association Fee: 610.00
  • Association Fee Frequency: Monthly
  • Association Name: Ocean Terrace Association
  • Phone: .
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Dog Park, Fishing, Park, Watersports
  • Association Management: Horizon Management

Schools

  • High School: Polytechnic
  • High School2: POLYTE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 28369.00
  • Lot Size Acres: 0.6513

Multi Family

  • Lease Considered: No
  • Lot Size Area: 28369.0000 Square Feet
  • Number Of Units In Community: 44
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5766.01
  • Tax Lot: 1
  • Tax Tract Number: 31853

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Feb 24, 2022
Sold by
Melvin Jeffrey D
Bought by
Olson Jonathan David
Seller's Agent
AnneMarie Baham
Keller Williams Coastal Proper
Buyer's Agent
Thomas Bradshaw
Redfin Corporation
List Price
$860,000
Sold Price
$906,000
Premium/Discount to List
$46,000
5.35%
Current Estimated Value
$936,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,093
Avg. Annual Appreciation
0.80%
Original Mortgage
$724,800
Outstanding Balance
$669,169
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$266,924

Purchase Details

Closed on
Nov 12, 1993
Sold by
Great Western Bank Fsb
Bought by
Melvin Jeffrey D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Olson Jonathan David $907,818 Orange Coast Title
Melvin Jeffrey D $160,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Jonathan David $724,800
Previous Owner Melvin Jeffrey D $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2022 03/22/22 Sold $906,000 0.0% $695 / Sq Ft
02/20/2022 02/20/22 Pending -- -- --
02/17/2022 02/17/22 Off Market $906,000 -- --
02/10/2022 02/10/22 For Sale $860,000 -- $660 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

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
2025 $11,962 $961,453 $383,095 $578,358
2024 $11,962 $942,602 $375,584 $567,018
2023 $11,764 $924,120 $368,220 $555,900
2022 $3,304 $256,237 $86,958 $169,279
2021 $3,232 $251,213 $85,253 $165,960
2019 $3,186 $243,764 $82,725 $161,039
2018 $3,110 $238,985 $81,103 $157,882
2016 $2,856 $229,706 $77,954 $151,752
2015 $2,744 $226,257 $76,784 $149,473
2014 $2,728 $221,826 $75,280 $146,546
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22024173

California Regional Multiple Listing Service (CRMLS)

APN: 7265-005-015

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