$75,000
SOLD APR 4, 2012
-- Bed
1 Bath
550 Sq Ft
566 Sq Ft Lot

Recently Sold

$136 Per Sq Ft

12% Below List Price

144 Days on Market

Highlights

  • Private Pool
  • City Lights View
  • Fireplace
  • Long Beach Polytechnic High School Rated A
  • L-Shaped Dining Room
  • Cooling Available

About This Home

As of February 2023

CC&R's are being voted on for condo conversion in the spring. Buy at OYO prices and enjoy condo ownership/resale value. APPROVED>>AT $85K APPROVED>> Close in 30-40 days. Only 1 block from the beach in the trendy East Village Arts District. Come enjoy this Quality high rise. Downtown Long Beach's energy & excitement is never ending and offers a wide array of entertainment options for families, couples and singletons for both day and night. Discover all the attractions that Downtown has to offer from just outside the front lopbby door of your high rise home on 1st & Atlantic. This is one of the larger studio floor plans in the area with a full remodeled kitchen, hardwood floors, rooftop terrace, pool area and wall to wall 6 foot high windows (On the cool side of the building) that offer beautiful south east views of the local hills and snow cappped mountains. Full mirrored closet doors, built in cabinets under windows and all the appliances and furnishings can stay at buyers request.

Last Agent to Sell the Property

Jack Tanner

Beach Cities Properties, Inc. License #01383525 Listed on: 07/25/2011

Last Buyer's Agent

Vivan Ainis

Seven Gables Real Estate License #01744842

Seven Gables Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,159

Year Built

  • Built in 1958

Property Views

  • City Lights
  • Mountain

Home Design

  • Common Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1 Full Bathroom
  • 550 Sq Ft Home
  • Fireplace
  • L-Shaped Dining Room

Flooring

  • Laminate
  • Tile

Pool

Utilities

  • Cooling Available
  • Heating Available
  • Sewer Paid

Community Details

Overview

  • Property has a Home Owners Association
  • 164 Units

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,159

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 714-209-5225
  • Property Attached: Yes
  • Subdivision Name Other: Royal Palms
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 550.00
  • Interior Amenities: Elevator
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Eating Area: Dining Ell
  • Levels: One
  • Price Per Square Foot: 136.36

Exterior Features

  • Patio: No
  • View: City Lights, Mountain(s)
  • Fence: No
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Common Roof
  • Spa: No
  • Construction Materials: Concrete

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Sewer Available
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Heating Type: Electric
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 235.00
  • Senior Community: No

Schools

  • School District: Long Beach Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 550.00
  • Lot Size Acres: 0.0130

Multi Family

  • Lease Considered: No
  • Lot Size Area: 550.0000 Square Feet
  • Number Of Units In Community: 164
  • Number Of Units Total: 164

Tax Info

  • Tax Tract: Royal Palms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2022
Closed on
Feb 17, 2023
Sold by
Marron Mary
Bought by
Obayani Airisa
Seller's Agent
Scott Chapman
Coldwell Banker Realty
Buyer's Agent
Johnny Cho
CPGI
List Price
$310,000
Sold Price
$310,000
Views
133
Current Estimated Value
$347,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,829
Avg. Annual Appreciation
4.87%
Original Mortgage
$155,000
Outstanding Balance
$150,475
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$197,354

Purchase Details

Listed on
Dec 13, 2022
Closed on
Jan 31, 2023
Sold by
Friesen Rietta Rose
Bought by
Obayani Airisa
Seller's Agent
Scott Chapman
Coldwell Banker Realty
Buyer's Agent
Johnny Cho
CPGI
List Price
$310,000
Sold Price
$310,000
Views
133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Outstanding Balance
$150,475
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$197,354

Purchase Details

Closed on
Apr 28, 2015
Sold by
Royal Palms Apartments Inc
Bought by
Friesen Rietta Rose

Purchase Details

Closed on
Apr 4, 2013
Sold by
Smith William R
Bought by
William Richard Smith Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Quit Claim Deed -- Fidelity National Title
Grant Deed $310,000 Fidelity National Title
Grant Deed -- Ticor Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $155,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $310,000 0.0% $633 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $310,000 0.0% $633 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
01/14/2023 01/14/23 Price Changed $310,000 -7.5% $633 / Sq Ft
12/13/2022 12/13/22 For Sale $335,000 +163.8% $684 / Sq Ft
02/14/2014 02/14/14 Sold $127,000 +1.6% $259 / Sq Ft
01/14/2014 01/14/14 Pending -- -- --
01/03/2014 01/03/14 For Sale $125,000 +66.7% $255 / Sq Ft
04/04/2012 04/04/12 Sold $75,000 0.0% $136 / Sq Ft
12/16/2011 12/16/11 Pending -- -- --
11/04/2011 11/04/11 Price Changed $75,000 -11.8% $136 / Sq Ft
07/25/2011 07/25/11 For Sale $85,000 -- $155 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $4,159 $322,524 $218,484 $104,040
2024 $4,159 $316,200 $214,200 $102,000
2023 $1,768 $123,706 $70,690 $53,016
2022 $1,662 $121,281 $69,304 $51,977
2021 $1,619 $118,904 $67,946 $50,958
2019 $1,595 $115,380 $65,932 $49,448
2018 $1,563 $113,119 $64,640 $48,479
2016 $1,441 $108,729 $62,131 $46,598
2015 $1,386 $107,097 $61,198 $45,899
2014 $982 $76,847 $40,985 $35,862
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P791113

California Regional Multiple Listing Service (CRMLS)

APN: 7281-028-152