NOT LISTED FOR SALE

Estimated Value: $1,058,061 - $1,182,000

2 Beds
2 Baths
1,393 Sq Ft
$830/mo HOA Fee

Last Sold October 04, 2021

Last sale price $930,000 $668 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $7,965/month

12 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Heated In Ground Pool
  • Long Beach Polytechnic High School Rated A
  • 24-Hour Security
  • Gated Parking

About This Home

As of October 2021

Welcome home to your ocean view, top-floor condominium at the Meridian, one of the most desirable beach-front properties on Ocean Blvd. Built in 2001, the unit features 1,393 square feet, with two beds, two baths and a den that could easily be used as a 3rd bedroom or home office. The unit has an open-concept design with a spacious kitchen, gas stovetop, kitchen island, large living room, dining area, fireplace, and a nice-sized balcony, great for your outdoor dining events or your morning cup of coffee. The property also comes with an in-unit laundry closet, side-by-side parking and is conveniently located near the elevator for quick access with groceries. Recent upgrades include a renovated ensuite primary bath and custom sisal flooring. The complex itself features an amazing pool deck, spa, recreation center with full kitchen, pool table, lounge, TV's, barbecues, and a 24/7 fitness room right on the sand. A truly prime location near Downtown Long Beach, 2nd Street and the 710 freeway. First time on the market in almost 20 years.

Last Agent to Sell the Property

Andrew Belcher

RIGHT HERE REALTY License #01707173 Listed on: 09/02/2021

Last Buyer's Agent

Jacinto Mena

Jacinto Orlando Mena License #00620957

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,192

Year Built

  • Built in 2001 | Remodeled

Lot Details

  • 0.86

HOA Fees

  • $830 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,393 Sq Ft Home
  • 4-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Window Screens
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Ocean Views

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer

Home Security

Parking

  • Subterranean Parking
  • Side by Side Parking
  • Gated Parking
  • Guest Parking
  • Controlled Entrance

Pool

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

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Sewer in Street
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 7265-008-201

Community Details

Overview

  • Association fees include trash, earthquake insurance, security, water, clubhouse
  • 70 Units
  • Paragon Equities Association, Phone Number (562) 437-2250

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Billiard Room
  • Lounge
  • Elevator
  • Lobby
  • Reception Area
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,192

Year Built

Built in 2001 | Remodeled

Lot Details

0

HOA Fees

$830 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: The Meridian
  • Entry Floor: 4
  • Entry Location: Elevator
  • Exclusions: A couple chandeliers excluded from the sale.
  • Living Area: 1393
  • Lot Acreage: 0.8602
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 4
  • Unit Floor In Building: 4
  • Year Built: 2001
  • Number Of Photos: 35
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Recessed Lighting
  • Number Of Remote Controls: 2
  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Tile
  • Appliances: Cooktop - Gas, Oven-Gas, Microwave
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, Kitchen Island
  • Kitchen Features: Island
  • Laundry: In Closet, In Unit, Inside
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Dishwasher, Gas Dryer Hookup, Garbage Disposal, Freezer, Microwave, Refrigerator, Range/Oven, Washer
  • Fireplace: Yes
  • Inclusions: refrigerator, washer and dryer
  • Price Per S Q F T: 645.37
  • Windows: Double Pane Windows, Screens

Exterior Features

  • Other Features: Balcony
  • Patio: Balcony
  • Pool Description: Association Pool, Heated, Heated And Filtered, In Ground, Community
  • Pool: Yes
  • Spa: Association Spa, Community, Heated, Hot Tub, In Ground
  • Spa Yn: Yes
  • View: Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Subterr Side by Side, Subterranean, Side By Side, Controlled Entrance
  • Total Parking: 2

Utilities

  • TV Svcs: Tv Satellite Dish
  • Water Heater: Gas
  • Cooling: Central
  • Earth Quake Ins: 1
  • Heating: Central, Fireplace
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Smoke Detector
  • Sewer: In Street Paid
  • Water: Public, In Street

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Pet Rules, Billiard Room, Clubhouse, Controlled Access, Elevator, Exercise Room, Extra Storage, Fitness Center, Gated Parking, Guest Parking, Spa, Security, Pool
  • Pet Rules: Assoc Pet Rules, Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Earthquake Insurance, Security, Water, Clubhouse
  • High Rise: Club Room, Controlled Access, Entrance Lobby, Lounge, Private Storage Lockers for Res, Reception Desk, Tech desk
  • HOA Fees: 830.00
  • Management Company: Paragon Equities
  • Mgmt Co Phone: 5624944455|
  • Phone: 5624372250|
  • HOA: Yes
  • Unit Location: top floor

Lot Info

  • Horses: No
  • Assessor Parcel Number: 7265-008-201
  • Lot Size Area: 37471

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Sep 16, 2021
Sold by
Nasri Fred and Nasri Mitra
Bought by
Fraga Isabel and 2020 Isabel Fraga Revocable Li
Seller's Agent
Andrew Belcher
RIGHT HERE REALTY
Buyer's Agent
Jacinto Mena
Jacinto Orlando Mena
List Price
$899,000
Sold Price
$930,000
Premium/Discount to List
$31,000
3.45%
Current Estimated Value
$1,117,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,678
Avg. Annual Appreciation
5.17%

Purchase Details

Closed on
Jul 18, 2019
Sold by
Nasri Fred and Nasri Mitra
Bought by
Nasri Fred and Nasri Mitra

Purchase Details

Closed on
Aug 10, 2006
Sold by
Nasri Fred and Nasri Mitra
Bought by
Nasri Fred

Purchase Details

Closed on
Apr 16, 2002
Sold by
Brookfield Long Beach Llc
Bought by
Nasri Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,450
Interest Rate
6.74%
Source: Public Records

Range of Values:

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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
Fraga Isabel $930,000 Fidelity National Title Co
Nasri Fred -- None Available
Nasri Fred -- None Available
Nasri Fred $436,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nasri Fred $500,000
Previous Owner Nasri Fred $100,000
Previous Owner Nasri Fred $297,000
Previous Owner Nasri Fred $300,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2021 10/04/21 Sold $930,000 +3.4% $668 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $899,000 -- $645 / Sq Ft
Source: The MLS

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 $12,192 $986,921 $588,014 $398,907
2024 $12,192 $967,571 $576,485 $391,086
2023 $11,989 $948,600 $565,182 $383,418
2022 $11,240 $930,000 $554,100 $375,900
2021 $7,251 $595,036 $344,193 $250,843
2019 $7,144 $577,388 $333,985 $243,403
2018 $6,976 $566,068 $327,437 $238,631
2016 $6,412 $544,088 $314,723 $229,365
2015 $6,150 $535,916 $309,996 $225,920
2014 $6,101 $525,419 $303,924 $221,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-779856

The MLS

APN: 7265-008-201