NOT LISTED FOR SALE

Estimated Value: $574,000 - $733,000

2 Beds
2 Baths
1,137 Sq Ft
$485/mo HOA Fee

Last Sold October 06, 2020

Last sale price $490,000 $431 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,489/month

67 Days on Market

Highlights

  • Primary Bedroom Suite
  • Updated Kitchen
  • Open Floorplan
  • Long Beach Polytechnic High School Rated A
  • 0.19 Acre Lot
  • Wood Flooring

About This Home

As of October 2020

You will not want to miss this beautifully updated condo in Alamitos Heights. This spacious 2-bedroom 2 bath unit is upstairs in the rear of the complex and has only one common wall. The open and spacious home is enhanced with beautiful hardwood flooring, recessed lighting, lots of windows with southwest exposure allowing for great natural light. The remodeled kitchen opens to the living and dining room and features Granite countertops and backsplash, 5 burner cooktop, ample storage in the white cabinetry, it is a great space to cook while allowing for great entertaining. The living room and dining are spacious and bright. The storage is original wood cabinetry and houses the inside washer and dryer. The large master connects to a great walk-in closet and an on-suite bathroom. The 2nd room is spacious and light, perfect for guests or an office. Additional value items include newer windows, in wall AC, private garage, and forced air heating. Perfectly located this home is walking distance to the Beach, and downtown with all the restaurants, bars, and shops including the new expansion of the promenade.

Last Agent to Sell the Property

Steven Nottingham

Keller Williams Pacific Estate License #01720641 Listed on: 05/31/2020

Keller Williams Pacific Estate

Last Buyer's Agent

Shannon Paul

Zaia Estates License #02039030

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1954

Lot Details

  • 8,342

HOA Fees

  • $485 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available

Home Design

  • Turnkey
  • Slab Foundation
  • Common Roof

Interior Spaces

  • 1,137 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room
  • Storage
  • Laundry Room
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Convection Oven
  • Electric Oven
  • Built-In Range
  • Range Hood
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Water Heater

Additional Features

  • 1 Common Wall
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 6 / 61
  • Assessor Parcel Number 7265002196

Community Details

Overview

  • Master Insurance
  • 11 Units
  • Twin Palms Association, Phone Number (562) 494-4455
  • Paragon Equities HOA

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1954

Lot Details

0

HOA Fees

$485 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Refrigerator, range, microwave, dishwasher, W/D
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Zoning: LBR4R
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265002196
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1137.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Open Floorplan, Recessed Lighting, Storage
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 430.96
  • Room Type: Kitchen, Living Room, Master Suite
  • Bathroom Features: Shower, Shower In Tub, Remodeled
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Pool Features: Association
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Electric Oven, Freezer, Disposal, Gas Cooktop, Range Hood, Refrigerator, Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Trash, Sewer, Water
  • Association Fee: 485.00
  • Association Fee Frequency: Monthly
  • Association Name: Twin Palms
  • Phone: 562-494-4455
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Urban
  • Association Management: Paragon Equities

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 8341.00
  • Lot Size Acres: 0.1915

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8341.0000 Square Feet
  • Number Of Units In Community: 11
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 61
  • Tax Census Tract: 5766.01
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2020
Closed on
Sep 28, 2020
Sold by
Trauner Jeffrey Robert and Trauner Rachel Marie
Bought by
Schug Robert August and Monk Khadija Magori
Seller's Agent
Steven Nottingham
Keller Williams Pacific Estate
Buyer's Agent
Shannon Paul
Zaia Estates
List Price
$495,000
Sold Price
$490,000
Premium/Discount to List
-$5,000
-1.01%
Current Estimated Value
$658,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,600
Avg. Annual Appreciation
5.82%
Original Mortgage
$460,000
Outstanding Balance
$409,145
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$249,455

Purchase Details

Listed on
Mar 7, 2016
Closed on
May 3, 2016
Sold by
Sarco Frank L
Bought by
Trauner Jeffrey Robert and Trauner Rachel Marie
Seller's Agent
Beatrix Whipple
Keller Williams Pacific Estate
Buyer's Agent
Steven Nottingham
Keller Williams Pacific Estate
List Price
$345,000
Sold Price
$345,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%
Original Mortgage
$312,300
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2015
Sold by
Sarco Frank J
Bought by
Sarco Trust

Purchase Details

Closed on
Jun 4, 2008
Sold by
J P Morgan Chase Bank Na
Bought by
Sarco Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2008
Sold by
Jpmorgan Chase Bank Na
Bought by
Homesales Inc

Purchase Details

Closed on
Dec 20, 2007
Sold by
Guzman Rosa I
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Jan 25, 2005
Sold by
Barnes Donna B
Bought by
Guzman Rosa I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2002
Sold by
Kroll James A and The James A Kroll Trust
Bought by
Barnes Donna B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,500
Interest Rate
5.95%

Purchase Details

Closed on
Dec 11, 2000
Sold by
Kroll James
Bought by
Kroll James A and The James A Kroll Trust

Purchase Details

Closed on
Jun 30, 1999
Sold by
Aung Family Ltd Partnership Ltd
Bought by
Kroll James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
7.64%

Purchase Details

Closed on
Aug 8, 1997
Sold by
Aung Tin
Bought by
Aung Family Ltd Partnership Ltd
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schug Robert August $490,000 First American Title
Trauner Jeffrey Robert $347,000 Ticor Title
Sarco Trust -- None Available
Sarco Frank $280,000 First American Title Ins Co
Homesales Inc -- Stewart Title Of Ca Inc
Jpmorgan Chase Bank Na $327,815 None Available
Guzman Rosa I $380,000 Stewart Title
Barnes Donna B $210,000 Chicago Title
Kroll James A -- --
Kroll James $90,000 Equity Title
Aung Family Ltd Partnership Ltd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schug Robert August $460,000
Previous Owner Trauner Jeffrey Robert $312,300
Previous Owner Sarco Frank $196,000
Previous Owner Guzman Rosa I $304,000
Previous Owner Barnes Donna B $188,500
Previous Owner Kroll James $54,000
Closed Guzman Rosa I $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2020 10/06/20 Sold $490,000 -1.0% $431 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $495,000 +1.0% $435 / Sq Ft
07/29/2020 07/29/20 Off Market $490,000 -- --
06/26/2020 06/26/20 For Sale $495,000 +1.0% $435 / Sq Ft
06/19/2020 06/19/20 Off Market $490,000 -- --
05/31/2020 05/31/20 For Sale $495,000 +43.5% $435 / Sq Ft
05/20/2016 05/20/16 Sold $345,000 0.0% $303 / Sq Ft View Prior Sale
04/16/2016 04/16/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $345,000 -- $303 / 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 $6,633 $530,390 $108,242 $422,148
2024 $6,633 $519,991 $106,120 $413,871
2023 $6,520 $509,796 $104,040 $405,756
2022 $6,116 $499,800 $102,000 $397,800
2021 $6,077 $490,000 $100,000 $390,000
2020 $4,748 $375,601 $108,242 $267,359
2019 $4,692 $368,237 $106,120 $262,117
2018 $4,580 $361,018 $104,040 $256,978
2016 $3,712 $310,675 $188,847 $121,828
2015 $3,562 $306,010 $186,011 $119,999
2014 $3,538 $300,017 $182,368 $117,649
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20102964

California Regional Multiple Listing Service (CRMLS)

APN: 7265-002-196