NOT LISTED FOR SALE

Estimated Value: $1,153,000 - $1,249,000

2 Beds
2 Baths
1,540 Sq Ft
$750/mo HOA Fee

Last Sold January 10, 2017

Last sale price $750,000 $487 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $8,333/month

103 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Fitness Center
  • Long Beach Polytechnic High School Rated A
  • Property has ocean access
  • 24-Hour Security

About This Home

As of January 2017

Beautiful 14th floor views of the ocean and city. (the ENTIRE ((unobstructed North, East & West views...see photos!)) city) Be comfortable with the views and the SPACE...1,540 sq. feet. The master bedroom has a large walk-in closet; the ensuite bathroom has a jacuzzi tub, separate shower, and dual sinks...check out the photos. 9 foot high ceilings, with floor to ceiling glass panels in the front room and entry-way. In unit washer/dryer. Granite counter tops in the kitchen, bedrooms are carpeted, all other rooms are tiled. Building common areas have recently been remodeled and include a pool, spa, fitness area, BBQ area, meeting room, etc. 24 hour security/doorman/concierge. 2 parking spaces! Check the "solds" on Matrix. There are only 2 "sold" two bedrooms at the 10th floor or higher....from January of 2012 to present! The lower floor views are not as desirable...you want to look down the coast or inland to Signal Hill...without looking into other buildings. #806 (same tier but 6 floors lower) sold for $750,000 on 05/05/2015. #406 (10 floors lower!) sold for $815,000 on 05/07/16. The views from 1406 are FAR superior...show your clients both units!

Last Listed By

Theodore Mathieu

Brian Biggers, Broker License #00764654 Listed on: 08/25/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,864

Year Built

  • Built in 1984

Lot Details

  • Beach Front
  • Two or More Common Walls

HOA Fees

  • $750 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Marina
  • Coastline
  • Harbor
  • Catalina
  • Panoramic
  • City Lights
  • Mountain
  • Pool

Home Design

  • Planned Development

Interior Spaces

  • 1,540 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Entryway
  • Living Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Customized Wheelchair Accessible
  • No Interior Steps

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Property has ocean access
  • Living Room Balcony
  • Exterior Lighting

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Forced Air Heating and Cooling System
  • Central Water Heater

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 25192
  • Assessor Parcel Number 7265008116

Community Details

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Sauna
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,864

Year Built

Built in 1984

Lot Details

0

HOA Fees

$750 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: 24 Hour Security, Fire and Smoke Detection System, Resident Manager, Smoke Detector(s)
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Zoning: LBPD5
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265008116
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1540.00 Square Feet
  • Interior Amenities: Balcony, Granite Counters, High Ceilings, Living Room Balcony, Open Floorplan, Recessed Lighting, Tile Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Stone
  • Accessibility Features: Accessible Elevator Installed, No Interior Steps, Customized Wheelchair Accessible
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area, Separated
  • Levels: One
  • Price Per Square Foot: 487.01
  • Room Type: Entry, Living Room, Master Bedroom, Main Floor Bedroom, Walk-In Closet
  • Spa Features: Association, In Ground

Exterior Features

  • View: Catalina, City Lights, Coastline, Harbor, Marina, Mountain(s), Ocean, Panoramic, Pool, Water
  • Pool Features: Association, Filtered, Heated, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Disposal, Microwave, Refrigerator, Water Heater Central
  • Heating Type: Electric, Forced Air
  • Laundry Features: Common Area, Electric Dryer Hookup, In Closet, Inside, Washer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Fire Pit, Barbecue, Picnic Area, Gym/Ex Room, Earthquake Insurance, Sewer, Water, Dues Paid Monthly, Pet Rules, Pets Permitted, Management, Guard
  • Association Fee: 750.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved, Planned Unit Development, Near Public Transit

Multi Family

  • Lease Considered: No
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 25192

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2016
Closed on
Dec 13, 2016
Sold by
Mcmurtrey Dave
Bought by
Mcdaniel Jeffrey S
Seller's Agent
Theodore Mathieu
Brian Biggers, Broker
Buyer's Agent
Linda D'Ambrosi
Vista Sotheby's International Realty
List Price
$825,000
Sold Price
$750,000
Premium/Discount to List
-$75,000
-9.09%
Total Days on Market
103
Current Estimated Value
$1,193,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,000
Avg. Annual Appreciation
5.69%

Purchase Details

Closed on
Oct 21, 2010
Sold by
Wells Fargo Bank Na
Bought by
Mcmurtrey Dale and Dale Mcmurtrey 1996 Revocable Trust

Purchase Details

Closed on
Aug 12, 2010
Sold by
Venturini Richard C
Bought by
Wells Fargo Bank Na and Wachovia Mortgage

Purchase Details

Closed on
Jul 1, 2005
Sold by
Venturini Richard C
Bought by
Venturini Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2004
Sold by
Venturini Richard C
Bought by
Venturini Richard C and Mcdaniel Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2004
Sold by
Mcdaniel Jeffrey S
Bought by
Venturini Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 1997
Sold by
Dugger Robert B
Bought by
Venturini Richard C and Mcdaniel Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
7.57%

Range of Values:

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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
Mcdaniel Jeffrey S $750,000 Fidelity National Title Co
Mcmurtrey Dale $550,000 Fidelity National Title Co
Wells Fargo Bank Na $548,753 Accommodation
Venturini Richard C -- First American Title Co
Venturini Richard C -- --
Venturini Richard C -- First American Title Co La
Venturini Richard C $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Venturini Richard C $616,000
Previous Owner Venturini Richard C $100,000
Previous Owner Venturini Richard C $385,000
Previous Owner Venturini Richard C $140,000
Previous Owner Venturini Richard C $51,000
Previous Owner Venturini Richard C $262,500
Previous Owner Venturini Richard C $256,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2017 01/10/17 Sold $750,000 -6.1% $487 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
09/30/2016 09/30/16 Price Changed $799,000 -3.2% $519 / Sq Ft
08/25/2016 08/25/16 For Sale $825,000 -- $536 / 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
2024 $10,864 $853,367 $341,347 $512,020
2023 $10,683 $836,635 $334,654 $501,981
2022 $10,018 $820,232 $328,093 $492,139
2021 $9,825 $804,150 $321,660 $482,490
2019 $9,684 $780,300 $312,120 $468,180
2018 $9,471 $765,000 $306,000 $459,000
2016 $7,090 $595,240 $238,096 $357,144
2015 $6,802 $586,300 $234,520 $351,780
2014 $6,749 $574,817 $229,927 $344,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16188215

California Regional Multiple Listing Service (CRMLS)

APN: 7265-008-116