NOT LISTED FOR SALE

Estimated Value: $510,532 - $617,000

1 Bed
1 Bath
706 Sq Ft
$260/mo HOA Fee

Last Sold December 23, 2016

Last sale price $340,000 $482 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,648/month

18 Days on Market

Highlights

  • Beach Front
  • Property has ocean access
  • Deck
  • Long Beach Polytechnic High School Rated A
  • All Bedrooms Downstairs
  • Wood Flooring

About This Home

As of December 2016

LOCATION LOCATION LOCATION.... A chance to live at the beach is all yours. This building overlooks the magnificent ocean and offers an upgraded 1 bedroom and 1 bathroom unit. It is ready for you to move in immediately. The floor plan is bright, open with a view of the Alamitos beach area. Unit is located on the top floor of the building. You can relax on one of the two balconies and enjoy the ocean breeze.Spacious living room along with enough space for a home office. Tastefully decorated kitchen has granite counters and convenient breakfast bar. Warm designed lighting and gleaming easy-care hardwood floors through-out. Upgraded bathroom features a jacuzzi tub and separate Italian marble walk-in shower unit, pedestal sink, plus much more.
There is one assigned parking space as well as two storage spaces in the parking structure. Bicycle and walking paths are just a few feet away. Close to Belmont Shores, The Pike, Shoreline Village and the excitement on Pine Avenue. Building has laundry facilities.
This is the perfect place to call home and to enjoy your relaxing weekends at the beach.

Last Agent to Sell the Property

Lucas Kinney

Balboa Island Estates License #01946207 Listed on: 09/02/2016

Co-Listed By

Kathy Lohr

APM Property Management License #01344663

Last Buyer's Agent

sandy Loree

Sandy Loree Realty License #01037121

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • Beach Front
  • 1 Common Wall
  • Fenced
  • Fence is in fair condition

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Automatic Gate
  • Controlled Entrance
  • Community Parking Structure

Interior Spaces

  • 706 Sq Ft Home
  • Ceiling Fan
  • Recessed Lighting
  • Dining Room
  • Courtyard Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Granite Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Bedrooms Down
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Property has ocean access
  • Living Room Balcony
  • Deck
  • Concrete Porch or Patio

Location

  • Urban Location
  • Suburban Location

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Conventional Septic

Listing and Financial Details

  • Legal Lot and Block 3 / 7
  • Assessor Parcel Number 7265007214

Community Details

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Laundry Facilities

Property Details

Home Type

Condominium

Year Built

Built in 1958 | Remodeled

Lot Details

0

HOA Fees

$260 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: No
  • Zoning: LBPD5
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265007214
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 706.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Granite Counters, Living Room Balcony, Recessed Lighting, Unfurnished
  • Common Walls: 1 Common Wall
  • Flooring: Stone, Wood
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Levels: One
  • Price Per Square Foot: 481.59
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • View: Courtyard
  • Fence: Yes
  • Fencing: Fair Condition
  • Patio And Porch Features: Concrete, Deck
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance, Covered, Concrete, Private, Structure, Built-In Storage, Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Natural Gas
  • Laundry Features: Community
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 260.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Suburban, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot

Multi Family

  • Lease Considered: Yes
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front

Tax Info

  • Tax Block: 7
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2016
Closed on
Dec 6, 2016
Sold by
Torres Maria
Bought by
Torres Lamberto
Seller's Agent
Lucas Kinney
Balboa Island Estates
Buyer's Agent
sandy Loree
Sandy Loree Realty
List Price
$349,000
Sold Price
$340,000
Premium/Discount to List
-$9,000
-2.58%
Current Estimated Value
$571,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,133
Avg. Annual Appreciation
5.87%
Original Mortgage
$289,000
Outstanding Balance
$236,337
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$334,796

Purchase Details

Closed on
Oct 14, 2016
Sold by
Ugolini Paul
Bought by
Torres Lamberto and Paras Severino A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Outstanding Balance
$236,337
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$334,796

Purchase Details

Listed on
May 11, 2016
Closed on
Jun 1, 2016
Sold by
Gk Group Llc
Bought by
Ugolini Paul and Ugolini Michelle
Seller's Agent
Marie Morgenstern
Berkshire Hathaway HomeService
Buyer's Agent
Kip Hancock
Torelli Realty
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%
Original Mortgage
$314,204
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 9, 2015
Closed on
Dec 10, 2015
Sold by
Kuhn Rebecca M
Bought by
Gk Group Llc
Seller's Agent
Carleton Carlson
Re/Max R. E. Specialists
Buyer's Agent
Marie Morgenstern
Berkshire Hathaway HomeService
List Price
$324,900
Sold Price
$290,000
Premium/Discount to List
-$34,900
-10.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.84%

Purchase Details

Closed on
Sep 17, 2009
Sold by
Kuhn Rebecca M
Bought by
Kuhn Rebecca M and The Rebecca M Kuhn 2005 Trust

Purchase Details

Closed on
Jan 20, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Kuhn Rebecca M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,150
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2008
Sold by
Torres Rodolfo G
Bought by
Deutsche Bank National Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,150
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2005
Sold by
Daines Paul Edward
Bought by
Torres Rodolfo G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2003
Sold by
Daines Paul Edward and Daines David L
Bought by
Daines Paul Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,600
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2002
Sold by
Daines Mary
Bought by
Daines David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,200
Interest Rate
6.69%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 21, 2002
Sold by
Tang Shiao Min
Bought by
Daines Paul Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,200
Interest Rate
6.69%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 1998
Sold by
Yen Cindy Hsin Chen
Bought by
Tang Shiao Min

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.03%

Purchase Details

Closed on
Oct 21, 1994
Sold by
Castaneda Carmelita Anna and The Castaneda Living Trust
Bought by
Tang Shiaomin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,200
Interest Rate
8.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Torres Lamberto -- Equity Title
Torres Lamberto $340,000 Equity Title
Ugolini Paul $320,000 Progressive
Gk Group Llc $290,000 Fidelity National Title Co
Kuhn Rebecca M -- Fidelity Natl Title Ins Co
Kuhn Rebecca M $200,500 Fidelity National Title Co
Deutsche Bank National Trust Company $168,000 None Available
Torres Rodolfo G $370,000 --
Daines Paul Edward -- --
Daines David L -- Chicago Title
Daines Paul Edward $191,000 Chicago Title
Tang Shiao Min -- Fidelity Title
Tang Shiaomin $76,000 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Lamberto $289,000
Previous Owner Torres Lamberto $289,000
Previous Owner Ugolini Paul $314,204
Previous Owner Kuhn Rebecca M $160,150
Previous Owner Torres Rodolfo G $296,000
Previous Owner Daines Paul Edward $182,600
Previous Owner Daines Paul Edward $185,200
Previous Owner Tang Shiao Min $70,000
Previous Owner Tang Shiaomin $72,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2016 12/23/16 Sold $340,000 -2.6% $482 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $349,000 +9.1% $494 / Sq Ft
07/07/2016 07/07/16 Sold $320,000 -1.5% $453 / Sq Ft View Prior Sale
05/22/2016 05/22/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $325,000 +12.1% $460 / Sq Ft
12/31/2015 12/31/15 Sold $290,000 -10.7% $411 / Sq Ft View Prior Sale
12/08/2015 12/08/15 Pending -- -- --
11/30/2015 11/30/15 For Sale $324,900 0.0% $460 / Sq Ft
11/24/2015 11/24/15 Pending -- -- --
11/09/2015 11/09/15 For Sale $324,900 -- $460 / 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 $5,033 $394,594 $232,114 $162,480
2024 $5,033 $386,858 $227,563 $159,295
2023 $4,948 $379,273 $223,101 $156,172
2022 $4,642 $371,837 $218,727 $153,110
2021 $4,551 $364,547 $214,439 $150,108
2019 $4,536 $353,736 $208,080 $145,656
2018 $4,378 $346,800 $204,000 $142,800
2016 $3,529 $290,000 $90,000 $200,000
2015 $2,506 $214,291 $85,716 $128,575
2014 $2,491 $210,094 $84,037 $126,057
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16198703

California Regional Multiple Listing Service (CRMLS)

APN: 7265-007-214