NOT LISTED FOR SALE

Estimated Value: $993,000 - $1,146,000

3 Beds
2 Baths
1,330 Sq Ft
$630/mo HOA Fee

Last Sold April 27, 2015

Last sale price $650,000 $489 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $7,417/month

67 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Primary Bedroom Suite
  • Long Beach Polytechnic High School Rated A
  • Private Pool
  • 0.86 Acre Lot

About This Home

As of April 2015

Welcome to 1400 Ocean! With beautiful ocean views from your living room, dining area and and master suite. Impeccably decorated with hardwood floors throughout. Granite kitchen counter tops, crown moulding, gas fireplace, designer window treatments, guest bedroom and separate full bathroom. The master bathroom with spa tub and separate shower. In addition, 2 parking spaces, HOA pool, spa, sundeck, gym which is located on the sand level of the beach; storage area and direct beach/bike path access. This is truly beach living at its finest!

Last Agent to Sell the Property

Daniel McGuire

Berkshire Hathaway HomeServices California Properties License #01438962 Listed on: 10/06/2014

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Jean Shapen

Coldwell Banker Realty License #00614080

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,773

Year Built

  • Built in 2001

Lot Details

  • Beach Front
  • Two or More Common Walls

HOA Fees

  • $630 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Catalina
  • Peek-A-Boo
  • Pool

Interior Spaces

  • 1,330 Sq Ft Home
  • 4-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Breakfast Bar
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Pool

  • Private Pool
  • Above Ground Spa

Location

  • Property is near a clubhouse
  • Urban Location

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 53048
  • Assessor Parcel Number 7265008167

Community Details

Overview

  • 70 Units

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,773

Year Built

Built in 2001

Lot Details

0

HOA Fees

$630 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265008167
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1330.00
  • Stories: 4
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 488.72
  • Room Type: Master Suite
  • Spa Features: Above Ground, Association

Exterior Features

  • View: Catalina, Ocean, Peek-A-Boo, Pool, Water
  • Pool Features: Association
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 630.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: Close to Clubhouse
  • Lot Size Sq Ft: 37471.00
  • Lot Size Acres: 0.8600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 37471.0000 Square Feet
  • Number Of Units In Community: 70
  • Number Of Units Total: 70
  • Waterfront Features: Beach Access, Beach Front

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 53048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2014
Closed on
Apr 1, 2015
Sold by
Krallman Stephen R
Bought by
Black Campisi Family Trust
Seller's Agent
Daniel McGuire
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Jean Shapen
Coldwell Banker Realty
List Price
$639,000
Sold Price
$650,000
Premium/Discount to List
$11,000
1.72%
Current Estimated Value
$1,090,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,834
Avg. Annual Appreciation
5.00%
Original Mortgage
$200,000
Outstanding Balance
$155,181
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$919,068

Purchase Details

Closed on
Apr 26, 2005
Sold by
Krallman Amy B
Bought by
Krallman Stephen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2003
Sold by
Krallman Amy B
Bought by
Krallman Stephen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2003
Sold by
Leslie Marian V
Bought by
Krallman Stephen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Black Campisi Family Trust $650,000 Orange Coast Title Company
Krallman Stephen R -- Provident Title Company
Krallman Stephen R -- Equity Title
Krallman Stephen R $565,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Campisi Family Trust $200,000
Previous Owner Krallman Stephen R $186,560
Previous Owner Krallman Stephen R $585,000
Previous Owner Krallman Stephen R $452,000
Closed Krallman Stephen R $113,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2015 04/27/15 Sold $650,000 +1.7% $489 / Sq Ft
12/12/2014 12/12/14 Pending -- -- --
10/06/2014 10/06/14 For Sale $639,000 -- $480 / 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 $9,773 $781,191 $401,411 $379,780
2024 $9,773 $765,875 $393,541 $372,334
2023 $9,611 $750,859 $385,825 $365,034
2022 $9,013 $736,137 $378,260 $357,877
2021 $8,839 $721,704 $370,844 $350,860
2019 $8,713 $700,300 $359,846 $340,454
2018 $8,512 $686,570 $352,791 $333,779
2016 $7,829 $659,912 $339,093 $320,819
2015 $7,716 $668,388 $431,793 $236,595
2014 $7,655 $655,296 $423,335 $231,961
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14214497

California Regional Multiple Listing Service (CRMLS)

APN: 7265-008-167