NOT LISTED FOR SALE

Estimated Value: $311,000 - $388,000

-- Bed
1 Bath
490 Sq Ft
$274/mo HOA Fee

Last Sold October 11, 2018

Last sale price $241,000 $492 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,413/month

6 Days on Market

Highlights

  • In Ground Pool
  • Panoramic View
  • 0.52 Acre Lot
  • Long Beach Polytechnic High School Rated A
  • Gated Community
  • Property is near a clubhouse

About This Home

As of October 2018

This spacious remodeled studio includes smooth ceilings, fresh paint, recessed lighting, new stainless steel refrigerator, washer/dryer, beautiful hexagon tiled bathroom floor with a shower surround of custom subway tile, new ceramic tile in kitchen and dining room as well as new laminate wood floors throughout. Air Conditioning keeps you nice and cool. From the wall-to-wall windows you'll have a commanding view of the downtown skyline and stunning city lights at night. Nearly 20 feet of closet and storage space is a fantastic added bonus! Located in the heart of the East Arts Village in downtown Long Beach where nearly everything is at your door. Enjoy the cafes, shopping, theaters, coffee shops and art galleries, public transportation, Metro, Bike share program, dining and art walks! Very low HOA dues of only $274 monthly pays for onsite management, water, trash, sewage, hot water, forced-air heat, common area maintenance, nightly security patrol, sparkling swimming pool and onsite laundry room. The Royal Palms has  approximately $1.5million in reserves and has just installed new elevators. Your pet 35 lbs or less is welcome. Parking is via a waiting list. As one owner sells, their space goes to the next owner on the list at $50 a month fee. While your name works it's way up the list, surrounding lots are outside the door and offer monthly permits from $55+ monthly depending on the lot. Welcome home to 100 Atlantic Avenue #503, truly a lifestyle you deserve!

Last Agent to Sell the Property

Mark Vinton

Vylla Home, Inc. License #01322983 Listed on: 09/06/2018

Vylla Home, Inc.

Last Buyer's Agent

Carolina Brown

Chatelaine Properties License #01425268

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,506

Year Built

  • Built in 1958

Lot Details

  • Two or More Common Walls
  • South Facing Home
  • Landscaped

HOA Fees

  • $274 Monthly HOA Fees

Parking

  • Parking Available

Property Views

  • Panoramic
  • City Lights
  • Neighborhood

Home Design

  • Turnkey
  • Partial Copper Plumbing

Interior Spaces

  • 490 Sq Ft Home
  • Recessed Lighting
  • Formal Entry
  • Living Room
  • Dining Room
  • Storage

Kitchen

  • Eat-In Galley Kitchen
  • Electric Oven
  • Electric Cooktop
  • Formica Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Dressing Area
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Intercom
  • Pest Guard System

Outdoor Features

  • In Ground Pool
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a clubhouse
  • Property is near a park
  • Property is near public transit
  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 7281028054

Community Details

Overview

  • 163 Units
  • Royal Palms Association, Phone Number (562) 435-5516
  • Maintained Community
  • 11-Story Property

Amenities

  • Trash Chute
  • Recreation Room
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction
  • Pet Size Limit

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,506

Year Built

Built in 1958

Lot Details

0

HOA Fees

$274 per month

Listing Details

  • Assessments: Yes
  • Inclusions: Microwave/Oven/Stove/Refrigerator
  • Property Attached: Yes
  • Security: Gated Community, Security Lights, Smoke Detector(s)
  • Subdivision Name Other: Royal Palms (RP)
  • View: Yes
  • Zoning: LBPD30
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7281028054
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 490.00 Square Feet
  • Interior Amenities: Copper Plumbing Partial, Elevator, Formica Counters, Intercom, Recessed Lighting, Storage, Trash Chute
  • Stories: 11
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Eating Area: Area, Dining Room
  • Entry Level: 5
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 491.84
  • Room Type: Dressing Area, Entry, Formal Entry, Galley Kitchen, Living Room
  • Room Kitchen Features: Formica Counters

Exterior Features

  • Direction Faces: South
  • Exterior Features: Lighting, Rain Gutters
  • View: City Lights, Neighborhood, Panoramic
  • Pool Features: Association, In Ground
  • Pool Private: No

Garage/Parking

  • Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Electric Cooktop
  • Heating Type: Central, Forced Air
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Pest Control, Recreation Room, Storage, Maintenance Grounds, Trash, Sewer, Water, Pet Rules, Weight Limit, Management, Controlled Access, Hot Water
  • Association Fee: 274.00
  • Association Fee Frequency: Monthly
  • Association Name: Royal Palms
  • Phone: 5624355516
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Urban

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse, Landscaped, Near Public Transit, Park Nearby
  • 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: 163
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5760.01
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
Sep 14, 2018
Sold by
Calipa Iii Llc
Bought by
King Derek W F
Seller's Agent
Mark Vinton
Vylla Home, Inc.
Buyer's Agent
Carolina Brown
Chatelaine Properties
List Price
$240,000
Sold Price
$241,000
Premium/Discount to List
$1,000
0.42%
Total Days on Market
6
Current Estimated Value
$348,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,009
Avg. Annual Appreciation
5.56%
Original Mortgage
$192,800
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2015
Sold by
Royal Palms Apartments Inc
Bought by
Calipa Iii Llc

Purchase Details

Closed on
Jul 10, 2014
Sold by
Deharo Gregorio and Maione Dana M
Bought by
Calipa Iii Llc

Purchase Details

Closed on
Mar 25, 2014
Sold by
Maione Dana
Bought by
Deharo Gregorio and Maione Dana M
Source: Public Records

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Range of Values:

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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
King Derek W F $241,000 North American Title Company
Calipa Iii Llc -- Ticor Title Company
Calipa Iii Llc -- None Available
Deharo Gregorio -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Derek W F $192,000
Closed King Derek W F $192,800
Open Maione Dana $800,000
Closed Calipa Iii Llc $800,000
Previous Owner Calipa Iii Llc $800,000
Previous Owner Henderson Robert S $47,700
Previous Owner Caughman Gilbert $29,610
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2018 10/11/18 Sold $241,000 +0.4% $492 / Sq Ft
09/06/2018 09/06/18 For Sale $240,000 -- $490 / 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
2024 $3,506 $263,566 $196,855 $66,711
2023 $3,444 $258,399 $192,996 $65,403
2022 $3,232 $253,333 $189,212 $64,121
2021 $3,161 $248,366 $185,502 $62,864
2019 $3,115 $241,000 $180,000 $61,000
2018 $2,356 $178,849 $53,654 $125,195
2016 $2,171 $171,906 $51,571 $120,335
2015 $1,418 $110,000 $34,200 $75,800
2014 $1,438 $110,000 $34,200 $75,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18218624

California Regional Multiple Listing Service (CRMLS)

APN: 7281-028-054