NOT LISTED FOR SALE

Estimated Value: $877,000 - $1,094,000

2 Beds
2 Baths
1,251 Sq Ft
0.65 Acres Lot

Sale Details

Date Sold: October 13, 2022

Last sale price $1,000,000 $799 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $6,985 / mo

2 Days on Market

Highlights

  • Ocean Front
  • Spa
  • Updated Kitchen
  • Long Beach Polytechnic High School Rated A
  • Gated Community
  • 0.65 Acre Lot

About This Home

As of October 2022

Come check out this gorgeous 2 bed 2 bath top-floor corner beach front condo with panoramic ocean views that also boasts a fantastic layout with lots of desirable extras! The entry opens up to spacious kitchen, with beautiful cabinetry, granite counters, complimentary backsplash, recess lighting, and top of the line stainless steel appliances! From there we work our way into the spacious living room with direct access to the balcony, which leads you to the amazing unobstructed ocean views that this place has! The Master Bedroom comes next, with it's upgraded private master bathroom, and ocean views from its large window. From there we work our way to the other upgraded bathroom in the hallway which also leads into another bedroom on the other side of the hall. With that, we finished with the bottom floor, so we now head upstairs to the Loft / Living room with plantation shutters. This part of the home is large and could easily be used as an office space or extra bedroom! From here, you have access to the private roof top patio! This area could be used for entertaining, gardening, hanging out, etc. It also has views of the ocean and city lights! - There is direct easy access to the beach from the building. You can walk right out to the beach, bike bath, Shoreline Village, and the Long Beach Aquarium - Association has a pool, spa, meeting room, BBQ area, & sauna all there for you to enjoy - There's also an additional common area roof top patio with tables and chairs for you to enjoy the sunsets, located on the 5th floor - Each floor has their own trash shoot - HOA is low, in comparison to the other condo complexes in the same area. - You only share one common wall with this unit and since you're on the top floor, it makes it feel like a luxury vacation home. - You get 2 side by side parking spaces, with storage cabinets - Home is located near restaurants, shopping, and entertainment. You are in the heart of Long Beach here! This beautiful turn-key property won't last! Too many upgrades to list! Come see it before it's gone!

Last Agent to Sell the Property

Oscar Montani

Home Team Realty License #01294985 Listed on: 08/11/2022

Home Team Realty

Last Buyer's Agent

Oscar Montani

Home Team Realty License #01294985 Listed on: 08/11/2022

Home Team Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1976 | Remodeled

Lot Details

  • Ocean Front
  • 1 Common Wall

HOA Fees

  • $730 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Parking Lot
  • Community Parking Structure

Property Views

  • Ocean
  • Marina
  • Coastline
  • Harbor
  • Catalina
  • Panoramic
  • Bridge
  • City Lights

Home Design

  • Turnkey

Interior Spaces

  • 1,251 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Loft
  • Tile Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Oven
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Upgraded Bathroom
  • 2 Full Bathrooms

Outdoor Features

  • Spa
  • Property has ocean access
  • Living Room Balcony
  • Patio
  • Exterior Lighting
  • Rooftop Access
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Standard Electricity

Additional Features

  • Accessible Parking
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31853
  • Assessor Parcel Number 7265005056

Community Details

Overview

  • 44 Units
  • Ocean Terrace Association, Phone Number (714) 285-2626
  • Management Trust HOA
  • Ocean Terrace Subdivision

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1976 | Remodeled

Lot Details

0.65 Acres

HOA Fees

$730 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Ocean Terrace (OCT)
  • View: Yes
  • Zoning: LBPD5
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265005056
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1251.00 Square Feet
  • Interior Amenities: Balcony, High Ceilings, Living Room Balcony, Open Floorplan, Recessed Lighting
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Family Kitchen, In Kitchen, In Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 799.36
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Loft, Main Floor Master Bedroom, Master Bathroom, Master Bedroom
  • Spa Features: Association, Community
  • Window Features: Double Pane Windows
  • Bathroom Features: Upgraded
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Bridge(s), Catalina, City Lights, Coastline, Harbor, Marina, Ocean, Panoramic, Water
  • Fence: No
  • Patio And Porch Features: Patio, Roof Top
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Unknown

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Community Structure, Direct Garage Access, Parking Space
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Refrigerator
  • Electric: Standard
  • 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, Clubhouse
  • Association Fee: 730.00
  • Association Fee Frequency: Monthly
  • Association Name: Ocean Terrace
  • Phone: 714-285-2626
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Gutters, Sidewalks, Street Lights
  • Association Management: Management Trust

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
  • Waterfront Features: Ocean Access, Ocean Front

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
Aug 11, 2022
Closed on
Aug 17, 2022
Sold by
Romano-Hoard Claudia
Bought by
Qaseem Tahir and Oaseem Sandra
Seller's Agent
Oscar Montani
Home Team Realty
Buyer's Agent
Oscar Montani
Home Team Realty
List Price
$999,900
Sold Price
$1,000,000
Premium/Discount to List
$100
0.01%
Views
7
Current Estimated Value
$983,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,492
Avg. Annual Appreciation
-0.47%

Purchase Details

Listed on
Nov 3, 2019
Closed on
Feb 18, 2020
Sold by
Wisdom Thomas B and Wisdom Robert
Bought by
Romano Hoard Claudia
Seller's Agent
Kathy (Apples) Gordon
Coldwell Banker Envision
Buyer's Agent
Oscar Montani
Home Team Realty
List Price
$888,000
Sold Price
$750,000
Premium/Discount to List
-$138,000
-15.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.61%

Purchase Details

Closed on
Jun 3, 2003
Sold by
Herman Robert E
Bought by
Herman Robert E and Herman Patricia L

Purchase Details

Closed on
Sep 16, 1998
Sold by
Herman Patricia L Tr Patricia L Trust
Bought by
Herman Robert E and Herman Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
6.88%
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
Qaseem Tahir $1,000,000 Chicago Title
Romano Hoard Claudia $750,000 Ticor Title
Herman Robert E -- --
Herman Robert E -- --
Herman Robert E -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herman Robert E $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2022 10/13/22 Sold $1,000,000 0.0% $799 / Sq Ft
08/13/2022 08/13/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $999,900 +33.3% $799 / Sq Ft
02/28/2020 02/28/20 Sold $750,000 -6.1% $600 / Sq Ft View Prior Sale
02/10/2020 02/10/20 Pending -- -- --
12/09/2019 12/09/19 Price Changed $799,000 -5.8% $639 / Sq Ft
11/20/2019 11/20/19 Price Changed $848,000 -4.5% $678 / Sq Ft
11/03/2019 11/03/19 For Sale $888,000 -- $710 / 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 $12,918 $1,040,400 $416,160 $624,240
2024 $12,918 $1,020,000 $408,000 $612,000
2023 $12,704 $1,000,000 $400,000 $600,000
2022 $9,361 $772,925 $309,170 $463,755
2021 $9,180 $757,770 $303,108 $454,662
2020 $2,272 $176,641 $105,130 $71,511
2019 $2,244 $173,178 $103,069 $70,109
2018 $2,187 $169,784 $101,049 $68,735
2016 $2,004 $163,193 $97,126 $66,067
2015 $1,926 $160,743 $95,668 $65,075
2014 $1,916 $157,595 $93,794 $63,801
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22174577

California Regional Multiple Listing Service (CRMLS)

APN: 7265-005-056

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