NOT LISTED FOR SALE

Estimated Value: $488,757 - $518,000

2 Beds
1 Bath
871 Sq Ft
$222/mo HOA Fee

Last Sold January 16, 2015

Last sale price $264,500 $304 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,174/month

9 Days on Market

Highlights

  • In Ground Spa
  • All Bedrooms Downstairs
  • Gated Community
  • Long Beach Polytechnic High School Rated A
  • Gated Parking
  • 0.49 Acre Lot

About This Home

As of January 2015

Lovely Condo on 1st level with Garden views. All new Stainless Steel appliances in Kitchen, Granite Counters, Tile flooring. Patio off LR. Counter Height Bar between Kitchen and DR. Open feeling throughout the home. Enclosed stacked Washer and Dryer (not new) included. Light filled living space makes this home very comfortable to be in. Recently painted interior, good storage inside and also at Patio. Walk-in closet in MB, large Bathroom, with separate vanity with Dbl sinks. Parquet Floors, Carpeting. Gas Fireplace in LR makes for cozy evenings. One deeded secured parking with storage included, plus option for 1 add'l space that can be rented. This is a secured Complex with gated entry for garage and complex, Guest parking as well. Elevator, gated common use Jacuzzi and patio area. Garden Style grounds are lovely and well kept with a water feature that allows for a serene feeling. Unit is on east side on main floor towards to the rear and offers privacy and quiet living. Nice smaller complex. Well located for easy access to Vibrant Downtown, East Village, 4th St Retro Row, Beaches, Freeways and all that Long Beach has to offer. Don't miss out on this very well priced home!!

Last Agent to Sell the Property

Sharon Leibl

Coldwell Banker Realty License #01051996 Listed on: 11/08/2014

Coldwell Banker Realty

Last Buyer's Agent

Armondo Garcia

Conolan Realty License #01241876

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1986

Lot Details

  • 0.49

HOA Fees

  • $222 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Gated Parking
  • Guest Parking

Home Design

  • Traditional Architecture
  • Stucco

Interior Spaces

  • 871 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Fireplace With Gas Starter
  • Living Room with Fireplace

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Outdoor Features

  • In Ground Spa
  • Concrete Porch or Patio
  • Lanai

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Two or More Common Walls
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 43877
  • Assessor Parcel Number 7266012037

Community Details

Overview

  • 32 Units
  • Maintained Community

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1986

Lot Details

0

HOA Fees

$222 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Ad Number: 562 716-4399
  • Inclusions: Stove, Microwave, Dishwasher, Refrig and Stacked Washer/Dryer
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: No
  • Architectural Style: Traditional
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7266012037
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 871.00
  • Interior Amenities: Built-in Features, Granite Counters, Open Floorplan
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Gas Starter, Living Room
  • Levels: One
  • Price Per Square Foot: 303.67
  • Room Type: All Bedrooms Down
  • Spa Features: Association, In Ground

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Concrete, Lanai
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Covered, Gated, Guest, On Site, Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator
  • Heating Type: Forced Air, Fireplace(s)
  • Laundry Features: Inside, Stackable
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Monthly, Maintenance Grounds, Pet Rules, Pets Permitted, Spa/Hot Tub
  • Association Fee: 222.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 21460.00
  • Lot Size Acres: 0.4930

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21460.0000 Square Feet
  • Number Of Units In Community: 32
  • Number Of Units Total: 32

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 43877

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2016
Sold by
Melgarejo Jose D Urrieta
Bought by
Melgarejo Karina and The 2016 J & E Melgarejo Family Irrevoca
Current Estimated Value
$499,439

Purchase Details

Listed on
Nov 8, 2014
Closed on
Dec 16, 2014
Sold by
Chelko Christopher S
Bought by
Melgarejo Jose and Melgarejo Esparanza
Seller's Agent
Sharon Leibl
Coldwell Banker Realty
Buyer's Agent
Armondo Garcia
Conolan Realty
List Price
$264,500
Sold Price
$264,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Original Mortgage
$396,750
Outstanding Balance
$302,782
Interest Rate
3.82%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$196,657

Purchase Details

Listed on
Nov 8, 2014
Closed on
Dec 3, 2014
Sold by
Chelko Heather Lynn
Bought by
Chelko Christopher S
Seller's Agent
Sharon Leibl
Coldwell Banker Realty
Buyer's Agent
Armondo Garcia
Conolan Realty
List Price
$264,500
Sold Price
$264,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,750
Outstanding Balance
$302,782
Interest Rate
3.82%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$196,657

Purchase Details

Closed on
Jun 25, 2012
Sold by
Chelko Christopher S
Bought by
Chelko Christopher S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,872
Interest Rate
2.5%
Mortgage Type
VA

Purchase Details

Closed on
Sep 3, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Chelko Christopher S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,515
Interest Rate
6.51%
Mortgage Type
VA

Purchase Details

Closed on
Apr 15, 2008
Sold by
Johnson Robert
Bought by
Hsbc Bank Usa Na and Peoples Choice Home Loan Securities Trus

Purchase Details

Closed on
May 24, 2005
Sold by
Castro Lilian M
Bought by
Johnson Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2004
Sold by
Martinez George S
Bought by
Castro Lilian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2004
Sold by
Castro Lilian M
Bought by
Castro Lilian M and Martinez George S

Purchase Details

Closed on
Dec 6, 2000
Sold by
Sapien Robert E
Bought by
Castro Lilian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,050
Interest Rate
7.65%
Mortgage Type
FHA
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
Melgarejo Karina -- None Available
Melgarejo Jose $264,500 Lawyers Title
Chelko Christopher S -- Lawyers Title
Chelko Christopher S -- First American Title Ins Co
Chelko Christopher S $210,000 Lawyers Title
Hsbc Bank Usa Na $231,200 None Available
Johnson Robert $325,000 Sut
Castro Lilian M -- Security Union Title
Castro Lilian M -- Orange Coast Title Company
Castro Lilian M $97,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melgarejo Jose $396,750
Previous Owner Chelko Christopher S $223,872
Previous Owner Chelko Christopher S $214,515
Previous Owner Johnson Robert $260,000
Previous Owner Castro Lilian M $198,000
Previous Owner Castro Lilian M $94,050
Closed Castro Lilian M $2,910
Closed Johnson Robert $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2015 01/16/15 Sold $264,500 0.0% $304 / Sq Ft
11/17/2014 11/17/14 Pending -- -- --
11/08/2014 11/08/14 For Sale $264,500 -- $304 / 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 $4,018 $317,879 $168,494 $149,385
2024 $4,018 $311,647 $165,191 $146,456
2023 $3,998 $305,537 $161,952 $143,585
2022 $3,704 $299,547 $158,777 $140,770
2021 $3,627 $293,674 $155,664 $138,010
2019 $3,572 $284,965 $151,048 $133,917
2018 $3,488 $279,379 $148,087 $131,292
2016 $3,206 $268,533 $142,338 $126,195
2015 $2,261 $185,000 $96,900 $88,100
2014 -- $185,000 $96,900 $88,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14238599

California Regional Multiple Listing Service (CRMLS)

APN: 7266-012-037