NOT LISTED FOR SALE

Estimated Value: $425,000 - $499,356

2 Beds
1 Bath
820 Sq Ft
$389/mo HOA Fee

Last Sold May 25, 2021

Last sale price $450,000 $549 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,646/month

4 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • 0.52 Acre Lot
  • Long Beach Polytechnic High School Rated A
  • Updated Kitchen
  • Open Floorplan

About This Home

As of May 2021

Welcome to your new home at the Royal Palms! This community is centrally located to all the best of Long Beach. You will find the Long Beach Convention Center four blocks away, and just a bit further are the Pike and Pine Ave. Once you enter the gorgeous lobby the unit is a short ride up the elevators to the 4th floor. This home sits down a short path that gives a bit of privacy to the two units that share the hallway. There is a stairwell right outside the unit for quick access to the ground floor. Fully remodeled from floor to ceiling, the entry is into a large living room with new flooring and recessed lights. As part of the recent remodel, the unit now has an open floor plan that shows off the gourmet kitchen with quartz countertops and stainless steel appliances. Just to the left you are drawn to a wall of windows which allow for natural light to pour in. This unit features an ocean view from the living room, dining room, and master bedroom. The guest bedroom features a peek a boo view of the ocean as well! The hallway is a wall of storage space! The bathroom has also been updated with modern features and cabinetry. Spend your weekends enjoying the pool or around the neighborhood, enjoying the many local shops and eateries. Engage in the arts district, Aquarium of the Pacific or the Long Beach Performing Arts Center for fun with neighbors. This community is ideal for anyone ready for the beach life in a beautiful turn key home.

Last Agent to Sell the Property

Santanya Livsey

eXp Realty of California Inc License #01906834 Listed on: 04/15/2021

eXp Realty of California Inc

Last Buyer's Agent

Katie Reid

Keller Williams Pacific Estate License #02063789

Keller Williams Pacific Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,207

Year Built

  • Built in 1958

Lot Details

  • 1 Common Wall
  • Privacy Fence
  • Fenced
  • Density is up to 1 Unit/Acre

HOA Fees

  • $389 Monthly HOA Fees

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 820 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Formal Dining Room
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 17 / 99
  • Tax Tract Number 11933
  • Assessor Parcel Number 7281028035

Community Details

Overview

  • 173 Units
  • Royal Palms, Inc Association, Phone Number (562) 435-5516
  • Brenda Avila HOA

Amenities

  • Trash Chute
  • Laundry Facilities

Recreation

  • Community Pool

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,207

Year Built

Built in 1958

Lot Details

0

HOA Fees

$389 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Card/Code Access
  • View: Yes
  • Zoning: LBPD30
  • Architectural Style: Mid Century Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7281028035
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 820.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Recessed Lighting, Trash Chute
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Separated
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 548.78
  • Room Type: Main Floor Bedroom
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Ocean, Peek-A-Boo
  • Fence: Yes
  • Fencing: Privacy
  • Pool Features: Community, In Ground
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 389.00
  • Association Fee Frequency: Monthly
  • Association Name: Royal Palms, Inc
  • Phone: 562-435-5516
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks
  • Association Management: Brenda Avila

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 22564.00
  • Lot Size Acres: 0.5180

Multi Family

  • Lease Considered: No
  • Lot Size Area: 22564.0000 Square Feet
  • Number Of Units In Community: 173
  • Number Of Units Total: 163

Tax Info

  • Tax Block: 99
  • Tax Census Tract: 5760.01
  • Tax Lot: 17
  • Tax Tract Number: 11933

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
May 4, 2021
Sold by
Lares Raul
Bought by
Larson Nancy Elizabeth
Seller's Agent
Santanya Livsey
eXp Realty of California Inc
Buyer's Agent
Katie Reid
Keller Williams Pacific Estate
List Price
$435,000
Sold Price
$450,000
Premium/Discount to List
$15,000
3.45%
Current Estimated Value
$496,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,130
Avg. Annual Appreciation
1.11%
Original Mortgage
$348,000
Outstanding Balance
$316,044
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$155,295

Purchase Details

Listed on
Apr 15, 2021
Closed on
Apr 27, 2021
Sold by
Obbad Marc M and Elmouffoq Rajaa Itto
Bought by
Larson Nancy Elizabeth and Larson John
Seller's Agent
Santanya Livsey
eXp Realty of California Inc
Buyer's Agent
Katie Reid
Keller Williams Pacific Estate
List Price
$435,000
Sold Price
$450,000
Premium/Discount to List
$15,000
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Outstanding Balance
$316,044
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$155,295

Purchase Details

Listed on
Sep 10, 2018
Closed on
Feb 1, 2019
Sold by
Royal Palms Apartments Inc
Bought by
Obbad Marc and Elmouffoq Rajaa Itto
Seller's Agent
Rhett Richar Winchell
Kennedy Wilson Auction Group
Buyer's Agent
Santanya Livsey
eXp Realty of California Inc
List Price
$249,000
Sold Price
$305,000
Premium/Discount to List
$56,000
22.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.51%

Purchase Details

Listed on
Sep 10, 2018
Closed on
Jan 10, 2019
Sold by
Hutton David William and Hutton David W
Bought by
Obbad Marc and Elmouffog Rajaa Itto
Seller's Agent
Rhett Richar Winchell
Kennedy Wilson Auction Group
Buyer's Agent
Santanya Livsey
eXp Realty of California Inc
List Price
$249,000
Sold Price
$305,000
Premium/Discount to List
$56,000
22.49%
Source: Public Records

Range of Values:

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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
Larson Nancy Elizabeth -- Lawyers Title Company
Larson Nancy Elizabeth $450,000 Lawyers Title Co
Obbad Marc -- Ticor Title Company
Obbad Marc $305,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Nancy Elizabeth $348,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2021 05/25/21 Sold $450,000 +3.4% $549 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $435,000 +42.6% $530 / Sq Ft
02/08/2019 02/08/19 Sold $305,000 +22.5% $372 / Sq Ft
12/03/2018 12/03/18 Pending -- -- --
09/10/2018 09/10/18 For Sale $249,000 -- $304 / 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 $6,207 $487,092 $378,850 $108,242
2024 $6,207 $477,542 $371,422 $106,120
2023 $6,101 $468,180 $364,140 $104,040
2022 $5,723 $459,000 $357,000 $102,000
2021 $3,985 $314,322 $125,729 $188,593
2020 $3,973 $311,100 $124,440 $186,660
2019 $4,185 $326,400 $224,400 $102,000
2018 $2,650 $207,219 $62,164 $145,055
2016 $2,435 $199,174 $59,751 $139,423
2015 $2,044 $170,000 $51,000 $119,000
2014 $2,070 $170,000 $51,000 $119,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21074480

California Regional Multiple Listing Service (CRMLS)

APN: 7281-028-035