NOT LISTED FOR SALE

Estimated Value: $1,248,589

2 Beds
2 Baths
1,259 Sq Ft
0.45 Acre Lot

Sale Details

Date Sold: March 30, 2018

Last sale price $1,010,000 $802 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $8,511 / mo

96 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Primary Bedroom Suite
  • Long Beach Polytechnic High School Rated A
  • Heated In Ground Pool
  • 0.45 Acre Lot

About This Home

As of March 2018

Ocean front unit with great views of the beach, ocean, harbor, Queen Mary and Catalina. This home has 2 bedrooms and a den/study/office. You can enjoy the views from the moment you enter this unit through the kitchen, living/dining room, and master bedroom. The ocean breezes keep you cool year round but this unit also features a/c. The master bath has a large soaking tub with a separate shower, his and hers sinks plus a walk-in closet. The unit is located in the prestigious Meridian Condo bldg. which has a number of amenities and is beautifully maintained. There are sec guards from 5pm-5am, a bldg manager 8:30-4:30 M-F, security gates to the garage and the buildings. Each unit has 2 parking spaces and a separate storage closet. The common areas include a lap pool, fountain, raised spa with views of the ocean, 2 large BBQ's, an outdoor fireplace, bar with seating and plenty of tables and chairs for guests. This is also a rec room with pool table, kitchen with oven, microwave, ice maker, refrit, bar with seating, lg screen TV, wi-fi and plenty of seating. Also included is a gym overlooking the beach and ocean. Included in the HOA fees are internet access, basic cable, water and trash. Pets are allowed with some restrictions.

Last Agent to Sell the Property

Mike Chou

K.W. EXECUTIVE License #01852861 Listed on: 11/16/2017

K.W. EXECUTIVE

Co-Listed By

Bryan Van Zee

Seven Gables Real Estate License #02017702

Last Buyer's Agent

Lisa Balcer

eXp Realty of California Inc License #01962649

Range of Values:

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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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Property Details

Home Type

  • Condominium

Year Built

  • Built in 2001

Lot Details

  • Beach Front
  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $645 Monthly HOA Fees

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights

Interior Spaces

  • 1,259 Sq Ft Home
  • Entryway
  • Living Room with Fireplace
  • Home Office
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Subterranean Parking
  • Parking Available

Schools

  • Burbank Elementary School
  • Franklin Middle School
  • Polytechnic High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Heated In Ground Pool
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 7265008150

Community Details

Overview

  • Master Insurance
  • 70 Units
  • Ocean HOA, Phone Number (562) 437-2250
  • Maintained Community

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 2001

Lot Details

0.45 Acres

HOA Fees

$645 per month

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LBPD1*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265008150
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1259.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 802.22
  • Room Type: All Bedrooms Down, Entry, Living Room, Master Suite, Office, Walk-In Closet

Exterior Features

  • View: Catalina, City Lights, Coastline, Ocean, Panoramic, Water
  • Pool Features: Association, Community, In Ground, Heated
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Cable TV, Insurance, Maintenance Grounds, Trash, Water
  • Association Fee: 645.00
  • Association Fee Frequency: Monthly
  • Association Name: Ocean HOA
  • Phone: 562-437-2250
  • Senior Community: No
  • Community Features: Urban

Schools

  • Elementary School: Burbank
  • High School: Polytechnic
  • Middle Or Junior School: Franklin
  • Elementary School #2: BURBAN
  • High School2: POLYTE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 19814.00
  • Lot Size Acres: 0.4549

Multi Family

  • Lease Considered: No
  • Lot Size Area: 19814.0000 Square Feet
  • Number Of Units In Community: 70
  • Number Of Units Total: 1
  • Waterfront Features: Beach Front

Tax Info

  • Tax Census Tract: 5766.02

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2017
Closed on
Feb 22, 2018
Sold by
Kantrowe James M
Bought by
Seller's Agent
Mike Chou
K.W. EXECUTIVE
Buyer's Agent
Lisa Balcer
eXp Realty of California Inc
List Price
$1,199,800
Sold Price
$1,010,000
Premium/Discount to List
-$189,800
-15.82%
Current Estimated Value
$1,248,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,589
Avg. Annual Appreciation
2.53%
Original Mortgage
$707,000
Outstanding Balance
$584,917
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$663,672

Purchase Details

Closed on
Apr 21, 2015
Sold by
Kantrowe James M
Bought by
Kantrowe Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2011
Sold by
Kantrowe James M and Kantrowe Marjorie A
Bought by
Kantrowe James M and Kantrowe Marjorie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
4.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2007
Sold by
Kantrowe James M and Kantrowe Marjorie A
Bought by
Kantrowe James M

Purchase Details

Closed on
Apr 11, 2002
Sold by
Brookfield Long Beach Llc
Bought by
Kantrowe James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,875
Interest Rate
7.18%
Mortgage Type
Stand Alone First
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,010,000 First American Title Company
Kantrowe Family Trust -- Fidelity National Title Co
Kantrowe James M -- Fidelity National Title Co
Kantrowe James M -- Fidelity National Title Co
Kantrowe James M -- None Available
Kantrowe James M -- None Available
Kantrowe James M $558,000 First American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $383,000
Open Margerum Lawrence D $707,000
Previous Owner Kantrowe Family Trust $378,000
Previous Owner Kantrowe James M $150,000
Previous Owner Kantrowe James M $390,000
Previous Owner Kantrowe Marjorie A $374,000
Previous Owner Kantrowe James M $375,875
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/30/2018 03/30/18 Sold $1,010,000 -8.2% $802 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
01/11/2018 01/11/18 Price Changed $1,099,800 -8.3% $874 / Sq Ft
11/16/2017 11/16/17 For Sale $1,199,800 0.0% $953 / Sq Ft
10/24/2016 10/24/16 Rented $3,850 -3.8% --
10/18/2016 10/18/16 For Rent $4,000 0.0% --
09/14/2016 09/14/16 Off Market $4,000 -- --
09/07/2016 09/07/16 For Rent $4,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $14,877 $1,172,186 $464,232 $707,954
2025 $14,877 $1,149,203 $455,130 $694,073
2024 $14,242 $1,126,670 $446,206 $680,464
2023 $14,006 $1,104,579 $437,457 $667,122
2022 $13,131 $1,082,922 $428,880 $654,042
2021 $12,883 $1,061,689 $420,471 $641,218
2019 $12,699 $1,030,200 $408,000 $622,200
2018 $8,965 $724,468 $501,028 $223,440
2016 $8,247 $696,337 $481,573 $214,764
2015 $7,910 $685,879 $474,340 $211,539
2014 -- $672,445 $465,049 $207,396
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17259613

California Regional Multiple Listing Service (CRMLS)

APN: 7265-008-150

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