NOT LISTED FOR SALE

Estimated Value: $1,272,000 - $1,431,000

3 Beds
2 Baths
1,556 Sq Ft
$678/mo HOA Fee

Last Sold June 26, 2018

Last sale price $1,045,000 $672 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $9,203/month

36 Days on Market

Highlights

  • Concierge
  • Ocean View
  • Spa
  • Long Beach Polytechnic High School Rated A
  • Fitness Center
  • 37,471 Sq Ft lot

About This Home

As of June 2018

Luxury beach living in a prime location! Here is an opportunity to own a beautiful 3 bedroom, 2 bath condo with 1,556 square feet (these units rarely come on the market). Quiet, south facing unit located on the 3rd floor (7 floors off the sand) at Meridian, one of the most desirable beachfront buildings. Relax and enjoy the gorgeous view on the private balcony overlooking the pool or watch the cruise ships come and go from the living room, dining room, kitchen or master bedroom. This home features a bright and airy expansive floor plan, Brazilian cherry floors, newer carpet, high ceilings, stainless steel appliances, granite counters, gas fireplace, washer/dryer and newer A/C unit. Spacious master with barn door leading into luxurious bathroom with separate tub and shower, travertine counters and walk in closet with built in organizers. Community friendly building with gorgeous lobby accommodates your busy lifestyle with resort like amenities such as on-site concierge, lounge with TV, pool table and full kitchen, ocean view fitness center just off the beach, pool, elevated spa overlooking the ocean and lush courtyard landscaping. Entertain on the deck with 2 large built in BBQ’s, serving bar and outdoor fireplace while enjoying beautiful sunsets. Unit includes 2-car subterranean parking and storage room. Short distance to restaurants, shopping and entertainment

Last Agent to Sell the Property

Carrie Davis

West Shores Realty, Inc. License #01720862 Listed on: 03/22/2018

West Shores Realty, Inc.

Last Buyer's Agent

Jason Patterson

RE/MAX College Park Realty License #01291409

RE/MAX College Park Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,661

Year Built

  • Built in 2001

Lot Details

  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $678 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available

Interior Spaces

  • 1,556 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Ocean Views
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower
  • Closet In Bathroom

Outdoor Features

  • Spa
  • Balcony

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 53048
  • Assessor Parcel Number 7265008193

Community Details

Overview

  • 70 Units
  • Meridian Coa, Phone Number (562) 494-4455

Amenities

  • Concierge
  • Community Fire Pit
  • Community Barbecue Grill
  • Clubhouse
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,661

Year Built

Built in 2001

Lot Details

0

HOA Fees

$678 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Zoning: LBPD1*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265008193
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1556.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Granite Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 671.59
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Association
  • Bathroom Features: Closet In Bathroom, Double Sinks In Master Bath, Separate Tub And Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: Ocean
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Microwave, Refrigerator
  • 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, Spa/Hot Tub, Fire Pit, Barbecue, Gym/Ex Room, Clubhouse, Storage, Concierge
  • Association Fee: 678.00
  • Association Fee Frequency: Monthly
  • Association Name: Meridian COA
  • Phone: 562 494-4455
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 37471.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 70
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5766.02
  • Tax Lot: 1
  • Tax Tract Number: 53048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2018
Closed on
May 1, 2018
Sold by
Simpson Gary M
Bought by
Le Minh Toan and Le Mai Nguyen
Seller's Agent
Carrie Davis
West Shores Realty, Inc.
Buyer's Agent
Jason Patterson
RE/MAX College Park Realty
List Price
$1,069,000
Sold Price
$1,045,000
Premium/Discount to List
-$24,000
-2.25%
Current Estimated Value
$1,350,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,671
Avg. Annual Appreciation
3.37%
Original Mortgage
$745,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 16, 2016
Sold by
Simpson Gary M
Bought by
The Bg Trust

Purchase Details

Listed on
Oct 29, 2012
Closed on
Apr 9, 2013
Sold by
Simpson Gary M and Shephard Elizabeth F
Bought by
Simpson Gary M and Gms Trust
Seller's Agent
Jeff Anderson
eXp Realty of California Inc
Buyer's Agent
Jake Gordon
Compass
Sold Price
$3,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 17, 2011
Closed on
Jan 26, 2012
Sold by
Shephard Elizabeth F
Bought by
Shephard Elizabeth F and The Efs Trust
Seller's Agent
Jason Patterson
RE/MAX College Park Realty
Buyer's Agent
Jason Patterson
RE/MAX College Park Realty
Sold Price
$3,000

Purchase Details

Closed on
Jan 26, 2011
Sold by
Simpson Gary M
Bought by
Simpson Gary M and Shephard Elizabeth F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2002
Sold by
Brookfield Long Beach Llc
Bought by
Simpson Gary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,065
Interest Rate
6.86%
Mortgage Type
Stand Alone First
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
Le Minh Toan $1,045,000 North American Title Company
The Bg Trust -- None Available
Simpson Gary M -- None Available
Simpson Gary M -- Lsi Title Company
Simpson Gary M -- Lsi
Shephard Elizabeth F -- None Available
Simpson Gary M -- None Available
Simpson Gary M -- First American Title Company
Simpson Gary M $510,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Minh Toan $724,000
Previous Owner Le Minh Toan $745,000
Previous Owner Simpson Gary M $345,000
Previous Owner Simpson Gary M $115,000
Previous Owner Simpson Gary M $525,000
Previous Owner Simpson Gary M $125,000
Previous Owner Simpson Gary M $540,000
Previous Owner Simpson Gary M $250,000
Previous Owner Simpson Gary M $265,000
Previous Owner Simpson Gary M $80,000
Previous Owner Simpson Gary M $510,065
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2018 06/26/18 Sold $1,045,000 -2.2% $672 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $1,069,000 0.0% $687 / Sq Ft
03/01/2013 03/01/13 Rented $3,200 -9.9% --
02/11/2013 02/11/13 Under Contract -- -- --
10/29/2012 10/29/12 For Rent $3,550 +18.3% --
01/07/2012 01/07/12 Rented $3,000 0.0% --
12/15/2011 12/15/11 Under Contract -- -- --
11/17/2011 11/17/11 For Rent $3,000 -- --
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 $14,661 $1,189,025 $477,885 $711,140
2024 $14,661 $1,165,712 $468,515 $697,197
2023 $14,417 $1,142,856 $459,329 $683,527
2022 $13,515 $1,120,448 $450,323 $670,125
2021 $13,257 $1,098,480 $441,494 $656,986
2019 $13,065 $1,065,900 $428,400 $637,500
2018 $8,075 $649,288 $406,939 $242,349
2016 $7,424 $624,078 $391,138 $232,940
2015 $7,122 $614,705 $385,263 $229,442
2014 $7,066 $602,665 $377,717 $224,948
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18066644

California Regional Multiple Listing Service (CRMLS)

APN: 7265-008-193