NOT LISTED FOR SALE

Estimated Value: $567,000 - $779,000

1 Bed
1 Bath
740 Sq Ft
$544/ mo HOA Fee

Last Sold August 03, 2023

Last sale price $760,000 $1,027 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,101/month

Highlights

  • Beach Front
  • Ocean View
  • Fishing
  • Long Beach Polytechnic High School Rated A
  • Property has ocean access
  • 28,369 Acre Lot

About This Home

As of August 2023

2-car garage with storage! Over 740 square feet overlooking the Ocean!! Views of the Queen Mary and everything in-between. No one above!! Pool and a rooftop deck!!

Last Agent to Sell the Property

Gina Bryson

IFG Realty License #01040198 Listed on: 07/26/2023

Last Buyer's Agent

Berglioth Avila

Keller Williams Realty Irvine License #01932233

Keller Williams Realty Irvine

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1976

Lot Details

  • Beach Front
  • Two or More Common Walls

HOA Fees

  • $544 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Marina
  • Coastline
  • Catalina
  • City Lights

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 740 Sq Ft Home
  • 4-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Additional Features

  • Property has ocean access
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31853
  • Assessor Parcel Number 7265005060
  • $219 per year additional tax assessments

Community Details

Overview

  • 50 Units
  • Ocean Terrace Association, Phone Number (310) 543-1995
  • Horizon Mgt HOA

Amenities

  • Community Barbecue Grill
  • Community Storage Space

Recreation

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

Property Details

Home Type

Condominium

Year Built

Built in 1976

Lot Details

28,369 Acres

HOA Fees

$544 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LBPD5
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265005060
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 740.00 Square Feet
  • Stories: 4
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1027.03
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Catalina, City Lights, Coastline, Marina, Ocean
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Storage
  • Association Fee: 544.00
  • Association Fee Frequency: Monthly
  • Association Name: Ocean Terrace
  • Phone: 310 543 1995
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Fishing, Watersports
  • Association Management: Horizon Mgt

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 1235753640.00
  • Lot Size Acres: 28369.0000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 28369.0000 Acres
  • Number Of Units In Community: 50
  • Number Of Units Total: 65
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front, Sea Front

Tax Info

  • Tax Census Tract: 5766.01
  • Tax Lot: 1
  • Tax Tract Number: 31853
  • TaxOtherAnnualAssessmentAmount: 219.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2023
Closed on
Jul 26, 2023
Sold by
Martinez Carlos
Bought by
Morcos Karen Lynn
Seller's Agent
Gina Bryson
IFG Realty
Buyer's Agent
Berglioth Avila
Keller Williams Realty Irvine
List Price
$769,999
Sold Price
$760,000
Premium/Discount to List
-$9,999
-1.3%
Views
14
Current Estimated Value
$707,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,882
Avg. Annual Appreciation
-2.69%
Original Mortgage
$646,000
Outstanding Balance
$629,591
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$77,527

Purchase Details

Closed on
Jun 6, 2005
Sold by
Ankor Holdings Llc
Bought by
Martinez Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 24, 2005
Sold by
Sao Phyrut
Bought by
Ankor Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 22, 2004
Sold by
Navarro Debra and Shepack Debra
Bought by
Sao Phyrut

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2003
Sold by
Gilliard Anthony W and Gilliard Phyllis D
Bought by
Navarro Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,500
Interest Rate
5.97%
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
Morcos Karen Lynn $760,000 Wfg National Title
Martinez Carlos $555,000 Investors Title Company
Ankor Holdings Llc -- --
Sao Phyrut $410,000 Fidelity National Title Comp
Navarro Debra $342,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morcos Karen Lynn $646,000
Previous Owner Martinez Carlos $444,000
Previous Owner Sao Phyrut $328,000
Previous Owner Navarro Debra $208,500
Closed Sao Phyrut $82,000
Closed Martinez Carlos $111,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2023 08/03/23 Sold $760,000 -1.3% $1,027 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
07/26/2023 07/26/23 For Sale $769,999 0.0% $1,041 / Sq Ft
02/29/2020 02/29/20 Rented $2,500 0.0% --
01/05/2020 01/05/20 Price Changed $2,500 -7.4% $3 / Sq Ft
11/16/2019 11/16/19 For Rent $2,700 +8.0% --
01/19/2019 01/19/19 Rented $2,500 0.0% --
01/16/2019 01/16/19 Under Contract -- -- --
01/11/2019 01/11/19 For Rent $2,500 0.0% --
11/27/2016 11/27/16 Rented $2,500 0.0% --
11/01/2016 11/01/16 For Rent $2,500 -- --
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 $9,659 $775,200 $316,200 $459,000
2024 $9,659 $760,000 $310,000 $450,000
2023 $9,478 $743,566 $580,123 $163,443
2022 $8,887 $728,988 $568,749 $160,239
2021 $8,719 $714,696 $557,598 $157,098
2019 $8,594 $693,500 $541,060 $152,440
2018 $8,400 $679,902 $530,451 $149,451
2016 $5,090 $425,000 $332,000 $93,000
2015 $4,843 $415,000 $323,800 $91,200
2014 $4,218 $355,000 $277,000 $78,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23123697

California Regional Multiple Listing Service (CRMLS)

APN: 7265-005-060

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