NOT LISTED FOR SALE

Estimated Value: $553,971 - $679,000

1 Bed
1 Bath
916 Sq Ft
$375/mo HOA Fee

Last Sold March 30, 2018

Last sale price $585,000 $639 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,101/month

1 Day on Market

Highlights

  • Bridge View
  • 2-minute walk to Pacific Station
  • Great Room
  • Long Beach Polytechnic High School Rated A
  • Corner Lot
  • 5-minute walk to Harvey Milk Promenade Park

About This Home

As of March 2018

Spectacular Top Floor Loft in a Historic Landmark. This top floor unit has been completely remodeled to include new kitchen,
bathroom, paint, trim and floors. Breathtaking view of the city, mountains, port and Rancho Palos Verdes. One of the few lofts in the
building that has central a/c and heat. Assigned, gated and secure parking and extensive storage. Access to common area deck and
barbeque with stunning panoramic views. The loft is located just steps away from Metro Blue Line, restaurants, theaters, shopping,
nightlife, fitness centers, Aquarium of the Pacific, LB Performing Arts Center, marina and beach. Excellent access to 710, 405, 110,
605 and 22 freeways. Lofts like these don't come on the market very often, this one won't last so hurry

Last Agent to Sell the Property

William Hayward

Y Realty License #01722898 Listed on: 03/25/2018

Last Buyer's Agent

William Hayward

Y Realty License #01722898 Listed on: 03/25/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,347

Year Built

  • Built in 1925

Lot Details

  • 0.34

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Bridge
  • City Lights
  • Hills

Home Design

  • Loft

Interior Spaces

  • 916 Sq Ft Home
  • Great Room
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Additional Features

  • 1 Common Wall
  • Urban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 50924
  • Assessor Parcel Number 7280009062

Community Details

Overview

  • Bali Management Association, Phone Number (310) 699-8006

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,347

Year Built

Built in 1925

Lot Details

0

HOA Fees

$375 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Kress Lofts
  • View: Yes
  • Property Sub Type: Loft
  • Property Type: Residential
  • Parcel Number: 7280009062
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 916.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 638.65
  • Room Type: Great Room

Exterior Features

  • View: Bridge(s), City Lights, Hills
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area
  • Association Fee: 375.00
  • Association Fee Frequency: Monthly
  • Association Name: Bali Management
  • Phone: 3106998006
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 15023.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 50924

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2018
Sold by
Anderson Mary Cheryl
Bought by
Anderson Mary Cheryl and The Anderson Separate Property Trust
Current Estimated Value
$632,743

Purchase Details

Listed on
Mar 25, 2018
Closed on
Feb 13, 2018
Sold by
Butler Merrill
Bought by
Anderson Mary Cheryl
Seller's Agent
William Hayward
Y Realty
Buyer's Agent
William Hayward
Y Realty
List Price
$585,000
Sold Price
$585,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.06%
Original Mortgage
$150,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2018
Sold by
Gerot Kerry
Bought by
Anderson Mary Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2002
Sold by
Gerot Kerry
Bought by
Gerot Kerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.94%

Purchase Details

Closed on
Mar 19, 1997
Sold by
Gerot Joseph Otto
Bought by
Gerot Kerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
7.56%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 11, 1997
Sold by
443 449 Pine Ave Partners Ii Ltd
Bought by
Gerot Kerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
7.56%
Mortgage Type
Seller Take Back
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 Buyer Sale Price Title Company
Anderson Mary Cheryl -- None Available
Anderson Mary Cheryl -- Ticor Title Company
Anderson Mary Cheryl $585,000 Ticor Title Company
Gerot Kerry -- Chicago Title Co
Gerot Kerry -- Commonwealth Land Title Co
Gerot Kerry $205,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Mary Cheryl $148,500
Previous Owner Anderson Mary Cheryl $150,000
Previous Owner Gerot Kerry $71,000
Previous Owner Gerot Kerry $313,000
Previous Owner Gerot Kerry $315,000
Previous Owner Gerot Kerry $336,800
Previous Owner Gerot Kerry $350,000
Previous Owner Gerot Kerry $350,000
Previous Owner Gerot Kerry $350,000
Previous Owner Gerot Kerry $350,000
Previous Owner Gerot Kerry $180,000
Previous Owner Gerot Kerry $300,000
Previous Owner Gerot Kerry $225,000
Previous Owner Gerot Kerry $153,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $585,000 0.0% $639 / Sq Ft
03/25/2018 03/25/18 For Sale $585,000 0.0% $639 / Sq Ft
12/01/2016 12/01/16 Rented $2,850 0.0% --
10/19/2016 10/19/16 Price Changed $2,850 -4.8% $3 / Sq Ft
08/11/2016 08/11/16 For Rent $2,995 0.0% --
03/26/2016 03/26/16 Rented $2,995 0.0% --
03/07/2016 03/07/16 For Rent $2,995 +3.3% --
10/23/2015 10/23/15 Rented $2,900 -1.7% --
10/07/2015 10/07/15 For Rent $2,950 -- --
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 $3,347 $219,000 $169,000 $50,000
2024 $3,347 $248,000 $191,000 $57,000
2023 $4,602 $349,000 $250,000 $99,000
2022 $3,912 $308,000 $200,000 $108,000
2021 $3,893 $308,000 $200,000 $108,000
2019 $3,553 $228,100 $40,000 $188,100
2018 $3,833 $293,421 $42,932 $250,489
2016 $3,528 $282,029 $41,266 $240,763
2015 $3,309 $277,794 $40,647 $237,147
2014 $3,284 $272,353 $39,851 $232,502
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18067987

California Regional Multiple Listing Service (CRMLS)

APN: 7280-009-062