NOT LISTED FOR SALE

Estimated Value: $380,000 - $448,000

1 Bed
1 Bath
656 Sq Ft
$152/mo HOA Fee

Last Sold July 29, 2015

Last sale price $197,300 $301 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,526/month

11 Days on Market

Highlights

  • 0.24 Acre Lot
  • Contemporary Architecture
  • Main Floor Bedroom
  • Long Beach Polytechnic High School Rated A
  • Wood Flooring
  • Formal Dining Room

About This Home

As of July 2015

1 BLOCK FROM THE BEACH! This beautiful 1 bed/1 bath ground level unit is located in desirable Alamitos Beach in "Falcon Park" Complex, a charming 12-unit complex. Great open floor plan. Hardwood Floors, Crown Moldings, Dining Area, Restored Bathroom with Clean White Grouting, Electric Oven and Range Top. Newly Painted Interior and Bathroom Vinyl Flooring. Ceiling Fans and Retro Bathroom. Spacious Bedroom with Double Wardrobe Closet, Pocket Doors for Privacy, Natural Lighting and Beautiful View of Garden and Patio. Location within the Complex is One Level Great Light and Ocean Breezes. Complex is One Block from Beach Access, Well Maintained and Features Lush Landscaping, Quiet Inner Courtyard, Flagstone Walkwalks/Stairways and Community Laundry (Laundry Use included in HOA--No Additional Charge)Perfect mixture of mid-century and modern. Walking distance to downtown Long Beach, Long Beach Aquarium, Long Beach Performing Arts Center, shopping, restaurants, Metro station, and Bixby Park.

Last Agent to Sell the Property

Thomas Applegate

Re/Max R. E. Specialists License #00606100 Listed on: 06/15/2015

Re/Max R. E. Specialists

Last Buyer's Agent

Karen Franssen

First Team Real Estate License #01250469

First Team Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1959

Lot Details

  • Two or More Common Walls
  • Sprinkler System

HOA Fees

  • $152 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Common Roof
  • Stucco

Interior Spaces

  • 656 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Formal Dining Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Built-In Range
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Utilities

  • Wall Furnace
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 7265014130

Community Details

Overview

  • 12 Units
  • Long Beach Condo Mgmt Association, Phone Number (562) 494-2649
  • Maintained Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Year Built

Built in 1959

Lot Details

0

HOA Fees

$152 per month

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: No
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265014130
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 656.00
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Tile Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area, In Living Room, Separated
  • Levels: One
  • Price Per Square Foot: 300.76
  • Room Type: Main Floor Bedroom

Exterior Features

  • Pool Private: No
  • Roof: Common Roof
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Electric Oven, Electric Range, Disposal
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Monthly, Hot Water, Maintenance Grounds, Sewer, Trash, Water
  • Association Fee: 152.00
  • Association Fee Frequency: Monthly
  • Association Name: Long Beach Condo Mgmt
  • Phone: 562-494-2649
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 10623.00
  • Price Per Lot Square Foot: 18.57
  • Lot Size Acres: 0.2440

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10623.0000 Square Feet
  • Number Of Units In Community: 12
  • Number Of Units Total: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2015
Closed on
Sep 25, 2015
Sold by
Foster Michael A
Bought by
The Milestones 2003 Family Trust
Seller's Agent
Thomas Applegate
Re/Max R. E. Specialists
Buyer's Agent
Karen Franssen
First Team Real Estate
List Price
$195,000
Sold Price
$197,300
Premium/Discount to List
$2,300
1.18%
Current Estimated Value
$407,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,536
Avg. Annual Appreciation
7.16%

Purchase Details

Listed on
Jun 15, 2015
Closed on
Jul 24, 2015
Sold by
Foster Ann
Bought by
Foster Michael A
Seller's Agent
Thomas Applegate
Re/Max R. E. Specialists
Buyer's Agent
Karen Franssen
First Team Real Estate
List Price
$195,000
Sold Price
$197,300
Premium/Discount to List
$2,300
1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,975
Outstanding Balance
$115,864
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$291,972

Purchase Details

Listed on
Jun 15, 2015
Closed on
Jun 26, 2015
Sold by
Son Valerie Butler
Bought by
Foster Michael A
Seller's Agent
Thomas Applegate
Re/Max R. E. Specialists
Buyer's Agent
Karen Franssen
First Team Real Estate
List Price
$195,000
Sold Price
$197,300
Premium/Discount to List
$2,300
1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,975
Outstanding Balance
$115,864
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$291,972

Purchase Details

Closed on
Aug 17, 2009
Sold by
Son Valerie Butler and Butler Valeria
Bought by
Son Valerie Butler and Valerie Butler Son 2009 Trust
Source: Public Records

Range of Values:

--
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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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
The Milestones 2003 Family Trust -- None Available
Foster Michael A -- Ortc
Foster Michael A $197,500 Ortc
Son Valerie Butler -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster Michael A $147,975
Closed Foster Michael A $147,975
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2015 07/29/15 Sold $197,300 +1.2% $301 / Sq Ft
06/26/2015 06/26/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $195,000 -- $297 / 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 $3,069 $233,201 $114,824 $118,377
2024 $3,069 $228,629 $112,573 $116,056
2023 $3,016 $224,147 $110,366 $113,781
2022 $2,883 $219,752 $108,202 $111,550
2021 $2,774 $215,444 $106,081 $109,363
2019 $2,734 $209,056 $102,936 $106,120
2018 $2,664 $204,958 $100,918 $104,040
2016 $2,834 $230,000 $30,000 $200,000
2015 $1,393 $108,503 $42,149 $66,354
2014 $1,390 $106,379 $41,324 $65,055
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15129510

California Regional Multiple Listing Service (CRMLS)

APN: 7265-014-130