NOT LISTED FOR SALE

Estimated Value: $372,000 - $501,000

1 Bed
1 Bath
650 Sq Ft
$200/mo HOA Fee

Last Sold June 24, 2022

Last sale price $400,000 $615 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,897/month

12 Days on Market

Highlights

  • 0.21 Acre Lot
  • Wood Flooring
  • Bathtub with Shower
  • Long Beach Polytechnic High School Rated A
  • 1 Car Attached Garage
  • Patio

About This Home

As of June 2022

Welcome to “Olive Crest“ located in the highly desirable Alamitos Beach! This tasteful 1 bedroom 1 bath unit is just 2 BLOCKS from the beach and offers garage PARKING!! The spacious unit is on the 2nd floor with the garage directly below. Original hardwood floors, open kitchen, large closet space in the bedroom, and community laundry! This complex is quiet, small and well located. Situated perfectly for easy access to downtown living in Long Beach as it is in the middle of the East Village Arts District, Alamitos Beach, and 4th Street Retro Row, a short distance to restaurants and entertainment in Downtown's bustling Pine Ave, The Promenade, The Outlets at the Pike, and the beloved Shoreline Village. Want to experience the ultimate “always on vacation “ lifestyle with a remarkably low HOA? This condo has everything you need and more!

Last Agent to Sell the Property

Tia Deguchi

Califano Realty License #02093911 Listed on: 05/19/2022

Co-Listed By

Peter Califano

Califano Realty License #00702659

Last Buyer's Agent

Carlos Barrera

SB REAL ESTATE License #01351042

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,394

Year Built

  • Built in 1955

Lot Details

  • 9,039

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Turnkey

Interior Spaces

  • 650 Sq Ft Home
  • Combination Dining and Living Room
  • Wood Flooring
  • Gas Cooktop
  • Laundry Room

Bedrooms and Bathrooms

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

Additional Features

  • Patio
  • Two or More Common Walls
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 4 / 61
  • Tax Tract Number 5500
  • Assessor Parcel Number 7265002166

Community Details

Overview

  • 12 Units
  • Olive Crest HOA, Phone Number (562) 432-3322

Recreation

  • Park
  • Dog Park
  • Water Sports

Pet Policy

  • No Pets Allowed

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,394

Year Built

Built in 1955

Lot Details

0

HOA Fees

$200 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: /
  • View: No
  • Zoning: LBR4R
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265002166
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 650.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: In Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 615.38
  • Room Type: Kitchen, Living Room
  • Bathroom Features: Bathtub, Shower In Tub

Exterior Features

  • Patio: Yes
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage, Garage Door Opener
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Refrigerator
  • Heating Type: Electric
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Pets Not Permitted, Management
  • Association Fee: 199.65
  • Association Fee Frequency: Monthly
  • Association Name: Olive Crest HOA
  • Phone: 5624323322
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Dog Park, Park, Watersports, Sidewalks
  • Association Management: Olive Crest HOA

Schools

  • School District: Long Beach Unified

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
  • Tax Tract Number: 5500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Jun 1, 2022
Sold by
Harder Jeff T and Harder Tammy R
Bought by
Wexworx Inc
Seller's Agent
Tia Deguchi
Califano Realty
Buyer's Agent
Carlos Barrera
SB REAL ESTATE
List Price
$389,000
Sold Price
$400,000
Premium/Discount to List
$11,000
2.83%
Current Estimated Value
$423,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,799
Avg. Annual Appreciation
1.78%

Purchase Details

Listed on
Sep 25, 2014
Closed on
Dec 16, 2014
Sold by
Melillo Anthony R
Bought by
Harder Jeff T and Harder Tammy R
Seller's Agent
James Dutton
J. D. Realty Company
Buyer's Agent
Susan Boyle
List Price
$249,000
Sold Price
$195,000
Premium/Discount to List
-$54,000
-21.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.18%
Original Mortgage
$125,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 10, 2013
Closed on
Aug 12, 2013
Sold by
Mellillo Brandon
Bought by
Melillo Anthony R and Melillo Katherine
Seller's Agent
Tanetha Corbin
Compass
Buyer's Agent
Mary Edwards
RE/MAX College Park Realty
List Price
$175,000
Sold Price
$210,000
Premium/Discount to List
$35,000
20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.85%
Original Mortgage
$157,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 10, 2013
Closed on
Jul 26, 2013
Sold by
Melillo Katherine
Bought by
Melillo Anthony R
Seller's Agent
Tanetha Corbin
Compass
Buyer's Agent
Mary Edwards
RE/MAX College Park Realty
List Price
$175,000
Sold Price
$210,000
Premium/Discount to List
$35,000
20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 10, 2013
Closed on
Jul 24, 2013
Sold by
Wingate Jerry
Bought by
Melillo Brandon and Melillo Anthony R
Seller's Agent
Tanetha Corbin
Compass
Buyer's Agent
Mary Edwards
RE/MAX College Park Realty
List Price
$175,000
Sold Price
$210,000
Premium/Discount to List
$35,000
20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2009
Sold by
Haneline Spencer R and The Helon P Haneline Living Tr
Bought by
Wingate Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,920
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2007
Sold by
Haneline Helon P
Bought by
Haneline Helon P
Source: Public Records

Range of Values:

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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
Wexworx Inc $400,000 Fidelity National Title
Harder Jeff T $195,000 Chicago Title Company
Melillo Anthony R -- None Available
Melillo Anthony R -- First American Title Company
Melillo Brandon -- First American Title Company
Melillo Brandon $210,000 First American Title Company
Wingate Jerry $140,000 Chicago Title
Haneline Helon P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harder Jeff T $125,000
Previous Owner Melillo Anthony R $157,500
Previous Owner Wingate Jerry $111,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $400,000 +2.8% $615 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $389,000 +99.5% $598 / Sq Ft
01/27/2015 01/27/15 Sold $195,000 +2.6% $300 / Sq Ft
10/22/2014 10/22/14 Price Changed $190,000 -15.6% $292 / Sq Ft
10/16/2014 10/16/14 Price Changed $225,000 -5.7% $346 / Sq Ft
10/09/2014 10/09/14 Price Changed $238,500 -2.7% $367 / Sq Ft
10/02/2014 10/02/14 Price Changed $245,000 -1.6% $377 / Sq Ft
09/25/2014 09/25/14 For Sale $249,000 +18.6% $383 / Sq Ft
07/31/2013 07/31/13 Sold $210,000 +20.0% $323 / Sq Ft
06/12/2013 06/12/13 Pending -- -- --
06/10/2013 06/10/13 For Sale $175,000 -- $269 / 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 $5,394 $424,482 $191,017 $233,465
2024 $5,394 $416,160 $187,272 $228,888
2023 $5,302 $408,000 $183,600 $224,400
2022 $2,844 $220,835 $107,585 $113,250
2021 $2,785 $216,506 $105,476 $111,030
2019 $2,745 $210,087 $102,349 $107,738
2018 $2,674 $205,969 $100,343 $105,626
2016 $2,463 $197,973 $96,448 $101,525
2015 $2,581 $214,195 $86,698 $127,497
2014 $2,567 $210,000 $85,000 $125,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22105684

California Regional Multiple Listing Service (CRMLS)

APN: 7265-002-166