NOT LISTED FOR SALE

Estimated Value: $1,125,000 - $1,248,000

2 Beds
1 Bath
1,200 Sq Ft
28,371 Sq Ft Lot

Sale Details

Date Sold: April 5, 2019

Last sale price $829,000 $691 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $7,897 / mo

16 Days on Market

Highlights

  • Ocean View
  • Spa
  • Property is near public transit
  • Long Beach Polytechnic High School Rated A
  • 0.65 Acre Lot
  • Sauna

About This Home

As of April 2019

Welcome home to your ocean front condo with panoramic views of the Pacific Ocean. Large open floor plan that includes a Chef’s kitchen which boasts stainless steel appliances, quartz countertops, stylish shaker cabinets. The large island offers style and additional workspace along with a breakfast nook. Large bathroom with separate tub and shower along with dual sinks. Designer details in every room along with recessed lighting and wood floors. Relax and enjoy the sound of crashing waves from your large Master bedroom. Not only will you appreciate the beauty of the nightly sunset from the privacy of your own spacious balcony with glass panels for unobstructed views. You also will have a front row seat for special event fireworks on New Years and the 4th of July. This unit has the two-best side by side parking in the building just steps from your front door. (Maybe the best parking in the neighborhood.) Building has a roof-top deck, pool, hot tub, sauna, BBQ stations and club house along with secured direct beach access. You can be strolling on the beach in less that 60 seconds.

Last Agent to Sell the Property

Karen Volpei

Equity Union License #01351913 Listed on: 02/06/2019

Equity Union

Co-Listed By

Barry and Karen Gussow

Equity Union License #01509371

Last Buyer's Agent

Gregory Roberts

Coldwell Banker Realty License #01376549

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1976

Lot Details

  • 0.65

HOA Fees

  • $462 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Spa
  • Exterior Lighting

Additional Features

  • Two or More Common Walls
  • Property is near public transit
  • Central Heating

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 9
  • Tax Tract Number 31853
  • Assessor Parcel Number 7265005028

Community Details

Overview

  • Master Insurance
  • 44 Units
  • Ocean Terrace Association, Phone Number (562) 494-2649
  • Maintained Community

Amenities

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

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1976

Lot Details

0.65 Acres

HOA Fees

$462 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Ocean Terrace (OCT)
  • View: Yes
  • Zoning: LBPD5
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265005028
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1200.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 690.83
  • Spa Features: Community

Exterior Features

  • View: Ocean
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Barbecue, Recreation Room, Earthquake Insurance, Gas, Insurance, Maintenance Grounds, Trash, Sewer, Water, Pets Permitted
  • Association Fee: 462.40
  • Association Fee Frequency: Monthly
  • Association Name: Ocean Terrace
  • Phone: 562-4942649
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • 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: 9
  • Tax Tract Number: 31853

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2023
Sold by
Stewart Richard Walter and Stewart Julie Louise
Bought by
Stewart Richard Walter
Current Estimated Value
$1,202,386

Purchase Details

Listed on
Feb 6, 2019
Closed on
Mar 4, 2019
Sold by
Pippin James and Goodenow Holly
Bought by
Stewart Richard Walter and Stewart Julie Louise
Seller's Agent
Karen Volpei
Equity Union
Buyer's Agent
Gregory Roberts
Coldwell Banker Realty
List Price
$829,000
Sold Price
$829,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%

Purchase Details

Listed on
Jul 11, 2017
Closed on
Aug 8, 2017
Sold by
Kilian Eric D
Bought by
Pippin James and Goodenow Holly
Seller's Agent
John Webster
The Januszka Group, Inc.
Buyer's Agent
Karen Volpei
Equity Union
List Price
$729,000
Sold Price
$729,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$583,200
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2006
Sold by
Lathrop Ann
Bought by
Kilian Eric D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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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
Stewart Richard Walter -- None Listed On Document
Stewart Richard Walter $829,000 Chicago Title Company
Pippin James $729,000 Western Resources Title Co
Kilian Eric D $670,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pippin James $583,200
Previous Owner Kilian Eric D $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2019 04/05/19 Sold $829,000 0.0% $691 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
02/06/2019 02/06/19 For Sale $829,000 +13.7% $691 / Sq Ft
09/01/2017 09/01/17 Sold $729,000 0.0% $618 / Sq Ft View Prior Sale
07/27/2017 07/27/17 Pending -- -- --
07/11/2017 07/11/17 For Sale $729,000 -- $618 / 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 $11,503 $924,760 $372,581 $552,179
2024 $11,503 $906,628 $365,276 $541,352
2023 $11,312 $888,852 $358,114 $530,738
2022 $10,607 $871,425 $351,093 $520,332
2021 $10,405 $854,339 $344,209 $510,130
2019 $9,138 $743,580 $295,800 $447,780
2018 $8,930 $729,000 $290,000 $439,000
2016 $5,800 $485,000 $325,700 $159,300
2015 $4,803 $410,000 $275,300 $134,700
2014 $4,519 $380,000 $255,200 $124,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB19027070

California Regional Multiple Listing Service (CRMLS)

APN: 7265-005-028

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