NOT LISTED FOR SALE

Estimated Value: $360,000 - $462,000

1 Bed
1 Bath
606 Sq Ft
$170/mo HOA Fee

Last Sold August 08, 2022

Last sale price $383,000 $632 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,688/month

34 Days on Market

Highlights

  • 0.21 Acre Lot
  • Attic
  • Cooling System Mounted To A Wall/Window
  • Long Beach Polytechnic High School Rated A
  • Courtyard Views
  • Living Room

About This Home

As of August 2022

Alamitos Beach locale! Move in condition, RETRO KITCHEN AND BATH, Natural Oak Hardwood flooring. OPEN FLOOR PLAN, 12 unit complex that has a beautiful open courtyard and a community laundry room, centrally located to downtown Long Beach restaurants as well as the beach, Shoreline Village, Queen Mary.

Last Agent to Sell the Property

Wilson Ruiz

Gallant Realty, Inc. License #01113463 Listed on: 06/02/2022

Last Buyer's Agent

Arthur Coley

Keller Williams South Bay License #02166654

Keller Williams South Bay

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1955

Lot Details

  • 9,039

HOA Fees

  • $170 Monthly HOA Fees

Interior Spaces

  • 606 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Courtyard Views
  • Laundry Room
  • Attic

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Private Water Source

Additional Features

  • Exterior Lighting
  • Two or More Common Walls

Listing and Financial Details

  • Legal Lot and Block 4 / 61
  • Assessor Parcel Number 7265002205

Community Details

Overview

  • 12 Units
  • Olive Crest Association, Phone Number (562) 432-3322
  • Appleby Mngt HOA
  • Alamitos Beach Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1955

Lot Details

0

HOA Fees

$170 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Zoning: LBR4R
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265002205
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 606.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 632.01
  • Room Type: Attic, Kitchen, Living Room

Exterior Features

  • View: Courtyard
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Utilities, Sewer, Pets Not Permitted
  • Association Fee: 169.72
  • Association Fee Frequency: Monthly
  • Association Name: Olive Crest
  • Phone: 562-432-3322
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Appleby MNGT

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 9038.00
  • Lot Size Acres: 0.2075

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9038.0000 Square Feet
  • Number Of Units In Community: 12
  • Number Of Units Total: 12

Tax Info

  • Tax Block: 61
  • Tax Census Tract: 5766.01
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2015
Closed on
Sep 21, 2015
Sold by
California Housing Finance Agency
Bought by
Cain Robert James
Seller's Agent
Daniel Miller
Goodman Dean, Inc.
Buyer's Agent
Andrea Arciga
Black Label Network Inc.
List Price
$195,000
Sold Price
$169,500
Premium/Discount to List
-$25,500
-13.08%
Current Estimated Value
$401,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,742
Avg. Annual Appreciation
8.78%
Original Mortgage
$127,125
Outstanding Balance
$99,780
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$301,462

Purchase Details

Closed on
Sep 3, 2014
Sold by
Scarafone Salvatore M
Bought by
The California Housing Finance Agency

Purchase Details

Closed on
Mar 12, 2007
Sold by
Hogu Paul
Bought by
Scarafone Salvatore M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,500
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 1995
Sold by
Chapman Margaret B and Margaret B Chapman Living Trus
Bought by
Hogu Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,560
Interest Rate
7.97%

Purchase Details

Closed on
Feb 1, 1995
Sold by
Chapman Margaret B
Bought by
Chapman Margaret B and The Margaret B Chapman Living
Source: Public Records

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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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
Cain Robert James $169,500 First American Title Company
The California Housing Finance Agency $231,081 Accommodation
Scarafone Salvatore M $255,000 Lawyers Title
Hogu Paul $34,500 Guardian Title Company
Chapman Margaret B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cain Robert James $127,125
Previous Owner Scarafone Salvatore M $242,500
Previous Owner Hogu Paul $27,560
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2022 08/08/22 Sold $383,000 +1.1% $632 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $379,000 0.0% $625 / Sq Ft
06/07/2022 06/07/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $379,000 +123.6% $625 / Sq Ft
10/02/2015 10/02/15 Sold $169,500 -3.1% $280 / Sq Ft View Prior Sale
08/20/2015 08/20/15 Pending -- -- --
07/23/2015 07/23/15 Price Changed $174,900 -10.3% $289 / Sq Ft
04/22/2015 04/22/15 For Sale $195,000 0.0% $322 / Sq Ft
03/24/2015 03/24/15 Pending -- -- --
03/10/2015 03/10/15 Price Changed $195,000 -7.4% $322 / Sq Ft
10/27/2014 10/27/14 For Sale $210,500 -- $347 / 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 $4,987 $398,473 $176,868 $221,605
2024 $4,987 $390,660 $173,400 $217,260
2023 $4,901 $383,000 $170,000 $213,000
2022 $2,463 $189,077 $77,527 $111,550
2021 $2,412 $185,370 $76,007 $109,363
2019 $2,377 $179,873 $73,753 $106,120
2018 $2,314 $176,347 $72,307 $104,040
2016 $2,132 $169,500 $69,500 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22117864

California Regional Multiple Listing Service (CRMLS)

APN: 7265-002-205