NOT LISTED FOR SALE

Estimated Value: $494,000 - $565,000

2 Beds
1 Bath
850 Sq Ft
$240/mo HOA Fee

Last Sold May 31, 2022

Last sale price $498,000 $586 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,717/month

52 Days on Market

Highlights

  • City Lights View
  • 0.19 Acre Lot
  • Bathtub
  • Long Beach Polytechnic High School Rated A
  • Cape Cod Architecture
  • Cooling System Mounted To A Wall/Window

About This Home

As of May 2022

One block away from the beach for under $500k???, It can't be, but it is!!! This light and bright corner unit has two bedrooms, one bath and a spacious great room. Gleaming natural hardwood flooring and crown molding run throughout, and the renovated kitchen features granite counter tops and lovely wood cabinetry. Dual-paned windows provide excellent light and a quiet, serene environment. Unit overlooks a well manicured garden. Low HOA fee, with a very responsive management team to oversee all exterior maintenance. Recently repainted and new roof installed. Community laundry with two washers and two dryers. With a Walk Score of 87 points, this property is footsteps to the beach, Shoreline Village, LB Performing Arts Center, LB Convention Center, Coffee Houses, Grocery, rapid transit, restaurants and shopping.

Last Agent to Sell the Property

William Hayward

Y Realty License #01722898 Listed on: 03/06/2022

Last Buyer's Agent

Tamer Youssef

RE/MAX TIME REALTY License #01859331

RE/MAX TIME REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,448

Year Built

  • Built in 1954

Lot Details

  • 1 Common Wall

HOA Fees

  • $240 Monthly HOA Fees

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 850 Sq Ft Home
  • City Lights Views
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub

Outdoor Features

  • Patio
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 7 / 55
  • Tax Tract Number 7
  • Assessor Parcel Number 7265009154

Community Details

Overview

  • 10 Units
  • 1St Esperanza HOA, Phone Number (714) 772-4400
  • Consensys HOA

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,448

Year Built

Built in 1954

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LBR4R
  • Architectural Style: Cape Cod
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265009154
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 850.00 Square Feet
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 585.88
  • Room Type: All Bedrooms Down
  • Bathroom Features: Bathtub

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pet Rules, Pets Permitted
  • Association Fee: 240.00
  • Association Fee Frequency: Monthly
  • Association Name: 1st Esperanza HOA
  • Phone: 7147724400
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Sidewalks
  • Association Management: Consensys

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 8259.00
  • Lot Size Acres: 0.1896

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8259.0000 Square Feet
  • Number Of Units In Community: 10
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 55
  • Tax Census Tract: 5766.01
  • Tax Lot: 7
  • Tax Tract Number: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2023
Sold by
Boustani Maya and Boustani Walid
Bought by
First Street Long Beach Llc
Current Estimated Value
$532,487

Purchase Details

Listed on
Aug 21, 2017
Closed on
Sep 27, 2017
Sold by
Gallagher John K
Bought by
Mcmeel Bridget and Rohmer Matthew
Seller's Agent
Vlad Rodov
West Shores Realty, Inc.
Buyer's Agent
Tamra Pardee
Halton Pardee & Partners, Inc.
List Price
$340,000
Sold Price
$315,000
Premium/Discount to List
-$25,000
-7.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%

Purchase Details

Listed on
Jun 5, 2013
Closed on
Jul 11, 2013
Sold by
Holmes Janice F
Bought by
Gallagher John K and Gallagher Elaine L
Seller's Agent
Bill Beggs
William W. Beggs
Buyer's Agent
Megan Hixon
Doma Properties
List Price
$199,000
Sold Price
$210,000
Premium/Discount to List
$11,000
5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.01%
Original Mortgage
$157,500
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 28, 2011
Sold by
Alpineview Inc
Bought by
Holmes Janice F

Purchase Details

Closed on
Jan 31, 2011
Sold by
Wells Todd R
Bought by
Alpineview Inc

Purchase Details

Closed on
Jul 19, 2006
Sold by
Lee Tuyen
Bought by
Wells Todd R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2004
Sold by
Rubin Craig Lawrence and The Duomo Capital Trust
Bought by
Wells Todd R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2004
Sold by
Rubin Barry L and Rubin Joanne K Pon
Bought by
Rubin Craig Lawrence and Duomo Capital Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
First Street Long Beach Llc -- None Listed On Document
Mcmeel Bridget $315,000 Chicago Title Company
Gallagher John K $210,000 None Available
Holmes Janice F $185,000 First American Title Company
Alpineview Inc $161,500 None Available
Wells Todd R -- Stewart Title Company Irvine
Wells Todd R $295,000 Southland Title
Rubin Craig Lawrence -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gallagher John K $157,500
Previous Owner Wells Todd R $327,000
Previous Owner Wells Todd R $236,000
Previous Owner Rubin Barry $52,000
Closed Wells Todd R $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $498,000 +1.6% $586 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $490,000 -1.6% $576 / Sq Ft
03/06/2022 03/06/22 Off Market $498,000 -- --
03/06/2022 03/06/22 For Sale $490,000 -1.6% $576 / Sq Ft
03/03/2022 03/03/22 Off Market $498,000 -- --
08/29/2019 08/29/19 Rented $1,995 0.0% --
08/24/2019 08/24/19 Off Market $1,995 -- --
08/24/2019 08/24/19 For Rent $1,995 0.0% --
08/09/2019 08/09/19 Off Market $1,995 -- --
08/01/2019 08/01/19 For Rent $1,995 0.0% --
07/31/2018 07/31/18 Rented $1,995 0.0% --
07/20/2018 07/20/18 Off Market $1,995 -- --
07/02/2018 07/02/18 For Rent $1,995 0.0% --
10/17/2017 10/17/17 Sold $315,000 -6.8% $371 / Sq Ft
09/21/2017 09/21/17 Pending -- -- --
09/11/2017 09/11/17 Price Changed $338,000 -0.6% $398 / Sq Ft
08/21/2017 08/21/17 For Sale $340,000 +61.9% $400 / Sq Ft
07/17/2013 07/17/13 Sold $210,000 +5.5% $247 / Sq Ft
06/05/2013 06/05/13 For Sale $199,000 -- $234 / 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 $6,448 $510,000 $225,420 $284,580
2024 $6,448 $500,000 $221,000 $279,000
2023 $6,561 $507,960 $224,400 $283,560
2022 $4,249 $337,742 $107,219 $230,523
2021 $4,164 $331,120 $105,117 $226,003
2019 $4,104 $321,300 $102,000 $219,300
2018 $4,003 $315,000 $100,000 $215,000
2016 $2,697 $217,461 $88,020 $129,441
2015 $2,590 $214,195 $86,698 $127,497
2014 $2,576 $210,000 $85,000 $125,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22042161

California Regional Multiple Listing Service (CRMLS)

APN: 7265-009-154