NOT LISTED FOR SALE

Estimated Value: $331,451

Studio
1 Bath
490 Sq Ft
0.52 Acre Lot

Sale Details

Date Sold: December 6, 2018

Last sale price $250,000 $510 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,455 / mo

28 Days on Market

Highlights

  • Panoramic View
  • Gated Community
  • Open Floorplan
  • Long Beach Polytechnic High School Rated A
  • 0.52 Acre Lot
  • Contemporary Architecture

About This Home

As of December 2018

Welcome to this mid-century icon in the East Village - The Royal Palms! This high-floor studio unit features panoramic views of LA, Long Beach and Signal Hill. Laminate flooring throughout the living space, wall AC unit, updated kitchen with granite counter tops, solid wood cabinetry, and stainless-steel appliances. Nicely upgraded bathroom with tile accents and modern light fixtures. On-site parking is available on a waitlist basis. Off-site parking is available at many of the surrounding hotels and businesses from $55/month and up. One pet allowed up to 35lbs. HOA dues include onsite management, water, trash, sewer, hot water, common area maintenance, swimming pool, forced air heat, and nightly security patrol. Don't miss this opportunity!

Last Agent to Sell the Property

Beatrix Whipple

Keller Williams Pacific Estate License #01355505 Listed on: 10/10/2018

Keller Williams Pacific Estate

Co-Listed By

Jennifer Dykema

Think Boutiq Real Estate License #01937229

Last Buyer's Agent

Michael Melik-Bakchian

LA Premier Realty, Inc. License #01914624

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $268 Monthly HOA Fees

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Turnkey
  • Common Roof

Interior Spaces

  • 490 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Recessed Lighting
  • Track Lighting
  • Living Room
  • Closed Circuit Camera

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Tract Number 5760
  • Assessor Parcel Number 7281028104

Community Details

Overview

  • Master Insurance
  • 163 Units
  • Royal Palms Association, Phone Number (562) 435-5516
  • Maintained Community

Amenities

  • Meeting Room
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • On-Site Manager or Management
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1958 | Remodeled

Lot Details

0.52 Acres

HOA Fees

$268 per month

Listing Details

  • Assessments: No
  • Inclusions: All Appliances
  • Property Attached: Yes
  • Security: Closed Circuit Camera(s), Gated Community
  • Subdivision Name Other: Royal Palms (RP)
  • View: Yes
  • Zoning: LBPD30
  • Architectural Style: Contemporary, Modern
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7281028104
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 490.00 Square Feet
  • Interior Amenities: Built-in Features, Granite Counters, Open Floorplan, Recessed Lighting, Track Lighting
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Eating Area: Breakfast Counter / Bar
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 510.20
  • Room Type: Kitchen, Living Room
  • Bathroom Features: Shower In Tub, Remodeled, Upgraded
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: City Lights, Hills, Mountain(s), Neighborhood, Panoramic
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • 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, Meeting Room, Storage, Insurance, Maintenance Grounds, Trash, Sewer, Water, Dues Paid Monthly, Pets Permitted, Weight Limit, Management, Controlled Access, Hot Water
  • Association Fee: 268.00
  • Association Fee Frequency: Monthly
  • Association Name: Royal Palms
  • Phone: 562.435.5516
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • 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 Tract Number: 5760

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2020
Sold by
Alvarez Sharlene Dantis and Alvarez Elvis Lucas
Bought by
Current Estimated Value
$331,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Outstanding Balance
$198,204
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$133,247

Purchase Details

Listed on
Oct 10, 2018
Closed on
Nov 30, 2018
Sold by
Alvarez Rudy Duntis
Bought by
Alvarez Elvis Lucas
Seller's Agent
Beatrix Whipple
Keller Williams Pacific Estate
Buyer's Agent
Michael Melik-Bakchian
LA Premier Realty, Inc.
List Price
$256,000
Sold Price
$250,000
Premium/Discount to List
-$6,000
-2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.69%
Original Mortgage
$237,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2018
Closed on
Nov 8, 2018
Sold by
Pottinger Mark A
Bought by
Alvarez Sharlene Dantis and Alvarez Elvis Lucas
Seller's Agent
Beatrix Whipple
Keller Williams Pacific Estate
Buyer's Agent
Michael Melik-Bakchian
LA Premier Realty, Inc.
List Price
$256,000
Sold Price
$250,000
Premium/Discount to List
-$6,000
-2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2018
Sold by
Markman Christine A
Bought by
Pottinger Mark A

Purchase Details

Listed on
Jul 2, 2015
Closed on
Aug 11, 2015
Sold by
Donner Max E
Bought by
Pottinger Mark A
Seller's Agent
Mark Vinton
Vylla Home, Inc.
Buyer's Agent
Beatrix Whipple
Keller Williams Pacific Estate
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$112,000
Interest Rate
3.86%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in East Village, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Ticor Title
Alvarez Sharlene Dantis $250,000 Ticor Title
Pottinger Mark A -- None Available
Pottinger Mark A $185,000 Ticor Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $237,500
Previous Owner Pottinger Mark A $112,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/06/2018 12/06/18 Sold $250,000 +0.4% $510 / Sq Ft
10/29/2018 10/29/18 Price Changed $249,000 -2.7% $508 / Sq Ft
10/10/2018 10/10/18 For Sale $256,000 -- $522 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,792 $284,452 $204,807 $79,645
2025 $3,792 $278,876 $200,792 $78,084
2024 $3,628 $273,408 $196,855 $76,553
2023 $3,564 $268,048 $192,996 $75,052
2022 $3,345 $262,793 $189,212 $73,581
2021 $3,272 $257,641 $185,502 $72,139
2020 $3,263 $255,000 $183,600 $71,400
2019 $3,224 $250,000 $180,000 $70,000
2018 $2,521 $192,474 $124,848 $67,626
2016 $2,323 $185,000 $120,000 $65,000
2015 $1,858 $149,071 $44,721 $104,350
2014 $1,849 $146,151 $43,845 $102,306
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18248685

California Regional Multiple Listing Service (CRMLS)

APN: 7281-028-104

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