NOT LISTED FOR SALE

Estimated Value: $393,000 - $534,000

1 Bed
1 Bath
600 Sq Ft
$368/mo HOA Fee

Last Sold October 26, 2022

Last sale price $450,000 $750 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,118/month

5 Days on Market

Highlights

  • 24-Hour Security
  • City Lights View
  • 0.52 Acre Lot
  • Long Beach Polytechnic High School Rated A
  • Updated Kitchen
  • Midcentury Modern Architecture

About This Home

As of October 2022

Welcome to Royal Palms and Iconic Mid-century Modern building in downtown Long Beach. This beautiful 7th floor one bed, one bath unit has been tastefully upgraded throughout including kitchen, bathroom, flooring and recessed lighting. As you walk-in you can enjoy the abundance of natural light and amazing city views of Long Beach. The modern kitchen with stainless steel appliances opens up to the living room, which is perfect for entertaining. The window AC units keep the space cool during the hot summer days. The living room has enough space for the home office. The location of this unit is unbeatable, with less than a mile away from the beach, right next door to Vons, restaurants, bike paths, shopping and entertainment. Short distance to Aquarium of the Pacific, Queen Mary, Pike Shoreline Village and the Convention Center. This building has 24-hour security and controlled access, swimming pool and common area for your get togethers. HOA covers water, trash, sewer and outside maintenance. Perfect for the first time homebuyer as this building is FHA approved.

Last Agent to Sell the Property

Anna Rikshpun

Keller Williams Pacific Estate License #02126424 Listed on: 09/06/2022

Keller Williams Pacific Estate

Last Buyer's Agent

Kentor Johnson

New Millenia Group License #01757520

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 0.52

HOA Fees

  • $368 Monthly HOA Fees

Home Design

  • Midcentury Modern Architecture
  • Turnkey
  • Steel Beams

Interior Spaces

  • 600 Sq Ft Home
  • Ceiling Fan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • City Lights Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Dishwasher
  • Quartz Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Makeup or Vanity Space
  • Bathtub with Shower

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • 1 Common Wall

Listing and Financial Details

  • Legal Lot and Block 17 / 99
  • Tax Tract Number 728
  • Assessor Parcel Number 7281028084

Community Details

Overview

  • 163 Units
  • Royal Palms Association, Phone Number (818) 649-3347
  • HOA Organizers Inc HOA
  • Royal Palms Subdivision
  • Maintained Community

Amenities

  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • 24-Hour Security
  • Card or Code Access

Property Details

Home Type

Condominium

Year Built

Built in 1958 | Remodeled

Lot Details

0

HOA Fees

$368 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: Refrigerator, dishwasher, stove
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: 24 Hour Security, Card/Code Access
  • Subdivision Name Other: Royal Palms (RP)
  • View: Yes
  • Zoning: LBPD30
  • Architectural Style: Mid Century Modern
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7281028084
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 600.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Quartz Counters, Recessed Lighting
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Vinyl
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: In Kitchen, In Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 750.00
  • Room Type: All Bedrooms Down
  • Bathroom Features: Bathtub, Shower In Tub, Vanity Area
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Pool Features: Community
  • Pool Private: No
  • Spa: No
  • Construction Materials: Steel

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Storage, Maintenance Grounds, Trash, Sewer, Water, Pets Permitted, Weight Limit, Security, Controlled Access
  • Association Fee: 368.00
  • Association Fee Frequency: Monthly
  • Association Name: Royal Palms
  • Phone: 818-649-3347
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Urban
  • Association Management: HOA Organizers Inc

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • 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 Block: 99
  • Tax Census Tract: 5760.01
  • Tax Lot: 17
  • Tax Tract Number: 728...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Sep 16, 2022
Sold by
Xie Jin S
Bought by
Johnson Tamai A
Seller's Agent
Anna Rikshpun
Keller Williams Pacific Estate
Buyer's Agent
Kentor Johnson
New Millenia Group
List Price
$385,000
Sold Price
$450,000
Premium/Discount to List
$65,000
16.88%
Views
31
Current Estimated Value
$435,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,287
Avg. Annual Appreciation
-0.99%
Original Mortgage
$441,849
Outstanding Balance
$424,083
Interest Rate
6.02%
Mortgage Type
FHA
Estimated Equity
$11,630

Purchase Details

Listed on
Sep 11, 2016
Closed on
Sep 21, 2016
Sold by
Geneveld Anita and Anita V Greneveled Living Trus
Bought by
Xie Jinshuai
Seller's Agent
Mark Vinton
Vylla Home, Inc.
Buyer's Agent
Xavier Zaragoza
Circle Real Estate
List Price
$239,900
Sold Price
$239,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%
Original Mortgage
$203,900
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2015
Sold by
Royal Palms Apartments Inc
Bought by
Greneveld Anita and Anita V Greneveld Living Trust
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
Johnson Tamai A $450,000 Fidelity National Title
Xie Jinshuai $240,000 North American Title Co
Greneveld Anita -- Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Tamai A $441,849
Previous Owner Xie Jinshuai $203,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2022 10/26/22 Sold $450,000 +16.9% $750 / Sq Ft
09/06/2022 09/06/22 For Sale $385,000 +60.5% $642 / Sq Ft
10/20/2016 10/20/16 Sold $239,900 0.0% $400 / Sq Ft View Prior Sale
09/11/2016 09/11/16 For Sale $239,900 -- $400 / 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 $5,945 $468,180 $364,140 $104,040
2024 $5,945 $459,000 $357,000 $102,000
2023 $5,843 $450,000 $350,000 $100,000
2022 $3,356 $262,471 $196,854 $65,617
2021 $3,281 $257,326 $192,995 $64,331
2020 $3,271 $254,689 $191,017 $63,672
2019 $3,232 $249,696 $187,272 $62,424
2018 $3,164 $244,800 $183,600 $61,200
2016 $586 $33,965 $10,188 $23,777
2015 $567 $33,455 $10,035 $23,420
2014 $570 $32,801 $9,839 $22,962
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22195077

California Regional Multiple Listing Service (CRMLS)

APN: 7281-028-084