NOT LISTED FOR SALE

Estimated Value: $385,773 - $448,000

1 Bed
1 Bath
607 Sq Ft
$168/mo HOA Fee

Last Sold February 17, 2022

Last sale price $375,000 $618 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,819/month

63 Days on Market

Highlights

  • No Units Above
  • 0.21 Acre Lot
  • Wood Flooring
  • Long Beach Polytechnic High School Rated A
  • Traditional Architecture
  • Main Floor Bedroom

About This Home

As of February 2022

NESTLED IN A QUIET TREE LINED NEIGHBORHOOD, LOW HOA! This 1 bedroom, 1 bathroom upstairs home is conveniently located in Alamitos Beach. The kitchen has recessed lighting, a pure water system and stainless steel appliances. New carpet over natural hardwood floors, retro bathroom, dual pane windows, remote ductless AC & Heating in bedroom and living room. This property is part of a 12 unit complex that has a beautiful open courtyard and a community laundry room. Furthermore, this property is a short walk or bike ride away from downtown Long Beach restaurants as well as the beach, Shoreline Village, Queen Mary and the Pike.

Last Agent to Sell the Property

elaine roy

Coldwell Banker Realty License #01264081 Listed on: 11/15/2021

Coldwell Banker Realty

Last Buyer's Agent

Brad Jones

Keller Williams Pacific Estate License #01394310

Keller Williams Pacific Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,068

Year Built

  • Built in 1955

Lot Details

  • No Units Above
  • 1 Common Wall
  • Sprinkler System
  • Density is 11-15 Units/Acre

HOA Fees

  • $168 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 607 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Blinds
  • Living Room
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Mirrored Closets Doors
  • 1 Full Bathroom
  • Tile Bathroom Countertop
  • Bathtub

Home Security

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / 61
  • Tax Tract Number 5500
  • Assessor Parcel Number 7265002158
  • $203 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • 12 Units
  • Olive Crest Association, Phone Number (562) 432-3322
  • Appleby Property Management, Inc. HOA
  • Maintained Community

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,068

Year Built

Built in 1955

Lot Details

0

HOA Fees

$168 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: No
  • Zoning: LBR4R
  • Architectural Style: Traditional
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265002158
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 607.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall, No One Above
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Mirror Closet Door(s)
  • Eating Area: Separated
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 617.79
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Blinds, Double Pane Windows
  • Bathroom Features: Bathtub, Tile Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Satellite Dish
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Call for Rules, Management, Maintenance Front Yard
  • Association Fee: 168.00
  • Association Fee Frequency: Monthly
  • Association Name: Olive Crest
  • Phone: (562) 432-3322
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Sidewalks, Street Lights, Urban
  • Association Management: Appleby Property Management, Inc.

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 11-15 Units/Acre, Sprinkler System
  • 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
  • TaxOtherAnnualAssessmentAmount: 203.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
Feb 9, 2022
Sold by
Brooks Earlene J
Bought by
Fergadiotti Andres G
Seller's Agent
elaine roy
Coldwell Banker Realty
Buyer's Agent
Brad Jones
Keller Williams Pacific Estate
List Price
$355,000
Sold Price
$375,000
Premium/Discount to List
$20,000
5.63%
Current Estimated Value
$409,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,193
Avg. Annual Appreciation
2.52%
Original Mortgage
$281,250
Outstanding Balance
$262,154
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$147,039

Purchase Details

Closed on
Nov 23, 2004
Sold by
Bass Yvette Denise
Bought by
Brooks Earlene J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2003
Sold by
Ortega Richard
Bought by
Bass Yvette Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2000
Sold by
Defrance Stephen and Defrance Shaula M
Bought by
Ortega Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,780
Interest Rate
7.96%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 12, 2000
Sold by
Schumaker Pamela J
Bought by
Defrance Stephen and Defrance Shaula M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,320
Interest Rate
8.15%

Purchase Details

Closed on
Jun 28, 2000
Sold by
Sandstrom Marie
Bought by
Schumaker Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,320
Interest Rate
8.15%
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
Fergadiotti Andres G $375,000 Progressive Title
Brooks Earlene J $235,000 Lawyers Title Company
Bass Yvette Denise $146,500 Natc
Ortega Richard $74,000 Fidelity National Title Co
Defrance Stephen $58,000 Fidelity National Title Co
Schumaker Pamela $46,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fergadiotti Andres G $281,250
Previous Owner Brooks Earlene J $236,000
Previous Owner Brooks Earlene J $228,000
Previous Owner Brooks Earlene J $42,750
Previous Owner Brooks Earlene J $235,000
Previous Owner Bass Yvette Denise $35,000
Previous Owner Bass Yvette Denise $146,500
Previous Owner Ortega Richard $73,000
Previous Owner Ortega Richard $71,780
Previous Owner Defrance Stephen $46,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2022 02/17/22 Sold $375,000 +5.6% $618 / Sq Ft
12/27/2021 12/27/21 For Sale $355,000 -5.3% $585 / Sq Ft
11/15/2021 11/15/21 Off Market $375,000 -- --
11/15/2021 11/15/21 For Sale $355,000 0.0% $585 / Sq Ft
10/31/2021 10/31/21 Price Changed $355,000 -- $585 / 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 $5,068 $397,952 $180,405 $217,547
2024 $5,068 $390,150 $176,868 $213,282
2023 $4,982 $382,500 $173,400 $209,100
2022 $2,592 $199,923 $130,327 $69,596
2021 $2,538 $196,004 $127,772 $68,232
2019 $2,502 $190,192 $123,983 $66,209
2018 $2,436 $186,463 $121,552 $64,911
2016 $2,244 $179,225 $116,833 $62,392
2015 $2,156 $176,534 $115,079 $61,455
2014 $2,145 $173,077 $112,825 $60,252
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21239332

California Regional Multiple Listing Service (CRMLS)

APN: 7265-002-158