NOT LISTED FOR SALE

Estimated Value: $387,000 - $445,000

1 Bed
1 Bath
667 Sq Ft
23,200 Sq Ft Lot

Sale Details

Date Sold: October 1, 2020

Last sale price $342,000 $513 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,895 / mo

9 Days on Market

Highlights

  • Spa
  • Panoramic View
  • Main Floor Bedroom
  • Woodrow Wilson High School Rated A
  • 0.53 Acre Lot
  • Terrace

About This Home

As of October 2020

You generally only hear “Location, location, location” from real estate agents offering walkability and quick freeway access as consolation prizes for showing you a house with holes in the roof (marketed as “indoor/outdoor skylights”). We all want a home in the perfect location, of course, but ideally it would also be a tremendous value for a comfortable space.

This is where Unit #310 at 1061 Park Avenue enters the picture. Walking distance to parks, lagoons, tennis and golf – and just a few minutes from CSULB and the 22 / 405 / 605 freeways – you’re already in the right place before even stepping inside the top-floor, west-facing home.

Sweeping, unobstructed views of Signal Hill, city lights and Palos Verdes form the perfect frame for this upgraded 1 bed / 1 bath home with hardwood floors and free-standing AC unit. Al fresco morning coffees on the balcony are just a dual-paned slider away, and your next culinary masterpiece awaits in the light, bright kitchen with plenty of cabinet space. The generous bedroom includes wall-to-wall closets, charming plantation shutters and a full bathroom nearby.

Life in this quiet, gated complex includes access to a community pool & spa; your coin-op laundry is right down the hall and your car has its own spot in the garage downstairs. With the boxes checked for value, comfort and location, the only sacrifice you’ll make by moving to 1061 Park Avenue is missing out on those indoor/outdoor skylights.

Last Agent to Sell the Property

Ed Kaminsky

eXp Realty of California, Inc License #00958114 Listed on: 08/18/2020

eXp Realty of California, Inc

Last Buyer's Agent

Maria Barragan

Realty ONE Group United License #00994431

Realty ONE Group United

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1972

Lot Details

  • Two or More Common Walls
  • Wrought Iron Fence

HOA Fees

  • $299 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available

Property Views

  • Panoramic
  • City Lights
  • Neighborhood

Interior Spaces

  • 667 Sq Ft Home
  • Double Pane Windows
  • Living Room
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Spa
  • Balcony
  • Patio
  • Terrace
  • Exterior Lighting

Schools

  • Bryant Elementary School
  • Jefferson Middle School
  • Wilson High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Additional Features

  • Accessible Elevator Installed
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 34581
  • Assessor Parcel Number 7241012062

Community Details

Overview

  • 48 Units
  • Bill Association, Phone Number (866) 508-2780
  • Millennium Community Management HOA
  • Parkview Terrace Manor Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

0.53 Acres

HOA Fees

$299 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Parkview Terrace Manor (PTM)
  • View: Yes
  • Zoning: LBR4N
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7241012062
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 667.00 Square Feet
  • Interior Amenities: Balcony, Elevator
  • Common Walls: 2+ Common Walls
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 512.74
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Spa Features: Association
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • View: City Lights, Neighborhood, Panoramic
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Terrace
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Microwave
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 298.67
  • Association Fee Frequency: Monthly
  • Association Name: Bill
  • Phone: 866-508-2780
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Suburban
  • Association Management: Millennium Community Management

Schools

  • Elementary School: Bryant
  • High School: Wilson
  • Middle Or Junior School: Jefferson
  • Elementary School #2: BRYANT
  • High School2: WILSON

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 23199.00
  • Lot Size Acres: 0.5326

Multi Family

  • Lease Considered: No
  • Lot Size Area: 23199.0000 Square Feet
  • Number Of Units In Community: 48
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5770.00
  • Tax Lot: 1
  • Tax Tract Number: 34581

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Sep 1, 2020
Sold by
Scwartz Monica M and The Monica M Schwartz Revocabl
Bought by
Flores Alejandra
Seller's Agent
Ed Kaminsky
eXp Realty of California, Inc
Buyer's Agent
Maria Barragan
Realty ONE Group United
List Price
$342,000
Sold Price
$342,000
Current Estimated Value
$408,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,868
Avg. Annual Appreciation
3.59%
Original Mortgage
$324,900
Outstanding Balance
$288,327
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$127,123

Purchase Details

Closed on
Apr 14, 2020
Sold by
Schwartz Monica M and Leon Monica M
Bought by
Schwartz Monica M and Monica M Schwartz Revocable Tr

Purchase Details

Listed on
Jan 11, 2017
Closed on
Jan 18, 2017
Sold by
Hedges Marianne
Bought by
Deleon Monica M
Seller's Agent
Speedy Watson
First Team Real Estate
Buyer's Agent
Robyn Biener
Vista Sotheby’s International Realty
List Price
$278,000
Sold Price
$278,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Original Mortgage
$264,100
Interest Rate
4.2%
Mortgage Type
New Conventional
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
Flores Alejandra $342,000 First American Title
Schwartz Monica M -- None Available
Deleon Monica M $278,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Alejandra $324,900
Previous Owner Deleon Monica M $264,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2020 10/01/20 Sold $342,000 0.0% $513 / Sq Ft
08/18/2020 08/18/20 For Sale $342,000 +23.0% $513 / Sq Ft
02/16/2017 02/16/17 Sold $278,000 0.0% $417 / Sq Ft View Prior Sale
01/15/2017 01/15/17 Pending -- -- --
01/11/2017 01/11/17 For Sale $278,000 -- $417 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,725 $370,189 $261,947 $108,242
2024 $4,725 $362,931 $256,811 $106,120
2023 $4,645 $355,816 $251,776 $104,040
2022 $4,358 $348,840 $246,840 $102,000
2021 $4,272 $342,000 $242,000 $100,000
2020 $3,655 $295,015 $132,651 $162,364
2019 $3,610 $289,231 $130,050 $159,181
2018 $3,525 $283,560 $127,500 $156,060
2016 $1,616 $131,911 $52,762 $79,149
2015 $1,553 $129,931 $51,970 $77,961
2014 $1,546 $127,386 $50,952 $76,434
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20164615

California Regional Multiple Listing Service (CRMLS)

APN: 7241-012-062

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