NOT LISTED FOR SALE

1055 Orizaba Ave Unit 10 Long Beach, CA 90804

Rose Park Neighborhood

Estimated Value: $483,000 - $544,000

2 Beds
1 Bath
940 Sq Ft
$265/mo HOA Fee

Last Sold May 25, 2021

Last sale price $412,000 $438 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,470/month

7 Days on Market

Highlights

  • Gated Community
  • 0.37 Acre Lot
  • Modern Architecture
  • Woodrow Wilson High School Rated A
  • Wood Flooring
  • 3-minute walk to Rose Park

About This Home

As of May 2021

Beautiful 2 bedroom condo located just 1 1/2 blocks from Rose Park. Gorgeous cherry wood color floors throughout the living room and dining area. Large living room with crown molding, recessed lighting, and spacious patio. Modern kitchen with white cabinets, granite counters, travertine floors, and stainless steel appliances. Large primary bedroom. Secondary bedroom features a balcony and sliding glass door. Updated bathroom with white cabinets, granite counters, dual sinks, and travertine tile floors. Enjoy the convenience of inside washer/dryer. Two gated separate parking spaces, including one oversized space. Great neighborhood with a Walk Score of 93 with stores, coffee shops, parks, schools, and nightlife nearby! Centrally located close to Cal State University Long Beach and just minutes to the beach! Offers due on Monday 4/11.

Last Agent to Sell the Property

Tim Majka

Keller Williams Coastal Prop. License #01399855 Listed on: 04/06/2021

Keller Williams Coastal Prop.

Last Buyer's Agent

Kerie Edmead

Circle Real Estate License #01892196

Circle Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,587

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • Two or More Common Walls
  • East Facing Home
  • Landscaped

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Guest Parking

Home Design

  • Modern Architecture
  • Stucco

Interior Spaces

  • 940 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • Recessed Lighting
  • Living Room
  • Living Room Balcony
  • Dining Room
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace

Additional Features

  • Covered Patio or Porch
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 63802
  • Assessor Parcel Number 7258002057

Community Details

Overview

  • 24 Units
  • Meridian Condominiums Association, Phone Number (818) 778-3331
  • HOA Organizers HOA

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,587

Year Built

Built in 1988 | Remodeled

Lot Details

0

HOA Fees

$265 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Refrigerator, Stove, Microwave, Dishwasher
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Meridian Condominiums
  • View: Yes
  • Zoning: LBR2N
  • Architectural Style: Modern
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7258002057
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 940.00 Square Feet
  • Interior Amenities: Crown Molding, Granite Counters, Living Room Balcony, Recessed Lighting
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 438.30
  • Room Type: Kitchen, Living Room
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • View: Neighborhood
  • Patio And Porch Features: Covered, Patio
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Dryer Included, In Closet, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 530
  • Amenities: Trash, Sewer, Water
  • Association Fee: 265.00
  • Association Fee Frequency: Monthly
  • Association Name: Meridian Condominiums
  • Phone: 8187783331
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: HOA Organizers

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 16203.00
  • Lot Size Acres: 0.3720

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16203.0000 Square Feet
  • Number Of Units In Community: 24
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5769.03
  • Tax Lot: 1
  • Tax Tract Number: 63802

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2021
Closed on
Apr 30, 2021
Sold by
Morrison Wilbert E
Bought by
Morrison Sarah L
Seller's Agent
Tim Majka
Keller Williams Coastal Prop.
Buyer's Agent
Kerie Edmead
Circle Real Estate
List Price
$399,000
Sold Price
$412,000
Premium/Discount to List
$13,000
3.26%
Current Estimated Value
$506,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,702
Avg. Annual Appreciation
4.36%
Original Mortgage
$370,800
Outstanding Balance
$336,751
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$158,034

Purchase Details

Listed on
Apr 6, 2021
Closed on
Apr 20, 2021
Sold by
Patel Shivam Y
Bought by
Morrison Maria E and Morrison Sarah L
Seller's Agent
Tim Majka
Keller Williams Coastal Prop.
Buyer's Agent
Kerie Edmead
Circle Real Estate
List Price
$399,000
Sold Price
$412,000
Premium/Discount to List
$13,000
3.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,800
Outstanding Balance
$336,751
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$158,034

Purchase Details

Closed on
Feb 5, 2021
Sold by
Patel Shivam Y and Patel Yashwant P
Bought by
Patel Shivam Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 17, 2011
Closed on
Dec 13, 2011
Sold by
Patel Saroj Y
Bought by
Patel Yashwant P
Seller's Agent
Christel Prather
WGroup Realtors
Buyer's Agent
Tim Majka
Keller Williams Coastal Prop.
List Price
$129,900
Sold Price
$139,000
Premium/Discount to List
$9,100
7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.73%
Original Mortgage
$111,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2011
Sold by
Galvez Michael
Bought by
Patel Shivam Y and Patel Yashwant P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2011
Sold by
Frazier Camara
Bought by
Galvez Michael

Purchase Details

Closed on
Dec 29, 2008
Sold by
Meridian Condos Llc
Bought by
Galvez Michael and Frazier Camara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,613
Interest Rate
4.91%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Morrison Sarah L -- Chicago Title Company
Morrison Maria E -- Chicago Title Company
Morrison Maria E $412,000 Chicago Title
Patel Shivam Y -- Wfg National Title
Patel Yashwant P -- Ticor Title
Patel Shivam Y $139,000 Ticor Title
Galvez Michael -- Ticor Title
Galvez Michael $260,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrison Sarah L $370,800
Closed Morrison Maria E $370,800
Previous Owner Patel Shivam Y $257,000
Previous Owner Patel Shivam Y $111,000
Previous Owner Galvez Michael $256,613
Previous Owner Meridian Condos Llc $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2021 05/25/21 Sold $412,000 +3.3% $438 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $399,000 +187.1% $424 / Sq Ft
01/12/2012 01/12/12 Sold $139,000 0.0% $148 / Sq Ft
10/20/2011 10/20/11 Price Changed $139,000 +7.0% $148 / Sq Ft
10/17/2011 10/17/11 For Sale $129,900 -- $138 / 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 $5,587 $445,959 $178,600 $267,359
2024 $5,587 $437,216 $175,099 $262,117
2023 $5,491 $428,644 $171,666 $256,978
2022 $5,150 $420,240 $168,300 $251,940
2021 $2,060 $161,288 $69,620 $91,668
2020 $2,054 $159,636 $68,907 $90,729
2019 $2,028 $156,506 $67,556 $88,950
2018 $1,974 $153,438 $66,232 $87,206
2016 $1,811 $147,482 $63,661 $83,821
2015 $1,740 $145,267 $62,705 $82,562
2014 $1,732 $142,422 $61,477 $80,945
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21071914

California Regional Multiple Listing Service (CRMLS)

APN: 7258-002-057