NOT LISTED FOR SALE

1425 E 1st St Unit 4 Long Beach, CA 90802

Alamitos Beach Neighborhood

Estimated Value: $549,086 - $776,000

2 Beds
2 Baths
1,087 Sq Ft
$246/mo HOA Fee

Last Sold January 31, 2018

Last sale price $439,000 $404 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,979/month

224 Days on Market

Highlights

  • 8,286 Sq Ft lot
  • Long Beach Polytechnic High School Rated A
  • Laundry Facilities

About This Home

As of January 2018

ON HOLD UNTIL AFTER TENANTS MOVE OUT MID-NOVEMBER: Updated 2 Bedroom, 1.75 Bath, Dual Master, First Floor Condo with parking. Located Just 2 Blocks from the Beach. Centrally located between downtown Long Beach, 4th street/Retro Street and 2nd street with close proximity to shopping, coffee shops and parks. Ample cabinets and storage space in unit along with private one car garage in alley way. Updates include, new flooring throughout the unit. Recessed lighting in living room, dining room and kitchen. One of the master bedroom comes with a walk-in closet area with built in vanity. The unit is also an inward facing unit to landscaped courtyard.

Last Agent to Sell the Property

Matthew Chang

Keller Williams Realty Los Feliz License #01963056 Listed on: 05/12/2017

Keller Williams Realty Los Feliz

Last Buyer's Agent

Ryan Bustillos

Compass License #01982380

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1956

Lot Details

  • 8,276

HOA Fees

  • $246 Monthly HOA Fees

Parking

  • 1 Covered Space

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,087 Sq Ft Home
  • Laminate Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 7265-012-212

Community Details

Overview

  • 11 Units

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Year Built

Built in 1956

Lot Details

0

HOA Fees

$246 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Unknown
  • Street Number Display: Yes
  • Complex Name: Falcon Manor
  • Entry Floor: 1
  • Living Area: 1087
  • Planned Urban Dev: 0
  • Year Built: 1956
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Laminate
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 403.86

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 1
  • Total Parking: 1

Utilities

  • Heating: Wall

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 246.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 7265-012-212
  • Geocode Override: No
  • Lot Size Area: 8286

Multi Family

  • Number Of Units: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2017
Closed on
Jan 24, 2018
Sold by
Flores Ivy C
Bought by
Lomedico Tony J
Seller's Agent
Matthew Chang
Keller Williams Realty Los Feliz
Buyer's Agent
Ryan Bustillos
Compass
List Price
$430,000
Sold Price
$439,000
Premium/Discount to List
$9,000
2.09%
Current Estimated Value
$617,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,272
Avg. Annual Appreciation
4.36%
Original Mortgage
$395,100
Outstanding Balance
$334,193
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$283,079

Purchase Details

Closed on
May 11, 2016
Sold by
Flores Ivy
Bought by
Flores Ivy C and Ivy C Flores Trust

Purchase Details

Listed on
Jun 1, 2015
Closed on
Aug 12, 2015
Sold by
Locsin Cielito F
Bought by
Flores Ivy
Seller's Agent
Matt Schwier
Schwier & Associates
Buyer's Agent
Matthew Chang
Keller Williams Realty Los Feliz
List Price
$349,000
Sold Price
$335,000
Premium/Discount to List
-$14,000
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$301,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2008
Sold by
Locsin Cielito F
Bought by
Locsin Cielito F and The Locsin Tran Family Trust

Purchase Details

Closed on
Oct 15, 1999
Sold by
Zhy Julie Li Hua
Bought by
Lee Wendell M C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,850
Interest Rate
3.45%

Purchase Details

Closed on
Oct 6, 1999
Sold by
Lee Wendell M C
Bought by
Locsin Cielito F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,850
Interest Rate
3.45%

Purchase Details

Closed on
Feb 20, 1996
Sold by
Schroeder Margaret
Bought by
Lee Wendell M C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,600
Interest Rate
7.34%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lomedico Tony J $439,000 First American Title Company
Flores Ivy C -- None Available
Flores Ivy $335,000 Lawyers Title
Locsin Cielito F -- None Available
Lee Wendell M C -- Gateway Title
Locsin Cielito F $123,000 Gateway Title
Lee Wendell M C $68,000 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lomedico Tony J $395,100
Previous Owner Flores Ivy $301,500
Previous Owner Locsin Cielito F $116,850
Previous Owner Lee Wendell M C $64,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2018 01/31/18 Sold $439,000 0.0% $404 / Sq Ft
12/22/2017 12/22/17 Pending -- -- --
12/11/2017 12/11/17 Price Changed $439,000 -2.4% $404 / Sq Ft
11/26/2017 11/26/17 Price Changed $450,000 +4.7% $414 / Sq Ft
11/23/2017 11/23/17 For Sale $430,000 -2.1% $396 / Sq Ft
11/13/2017 11/13/17 Off Market $439,000 -- --
11/12/2017 11/12/17 For Sale $430,000 -2.1% $396 / Sq Ft
11/02/2017 11/02/17 Off Market $439,000 -- --
11/02/2017 11/02/17 For Sale $430,000 -2.1% $396 / Sq Ft
10/23/2017 10/23/17 Off Market $439,000 -- --
10/22/2017 10/22/17 For Sale $430,000 -2.1% $396 / Sq Ft
10/12/2017 10/12/17 Off Market $439,000 -- --
10/11/2017 10/11/17 For Sale $430,000 -2.1% $396 / Sq Ft
10/01/2017 10/01/17 Off Market $439,000 -- --
09/29/2017 09/29/17 For Sale $430,000 -2.1% $396 / Sq Ft
09/19/2017 09/19/17 Off Market $439,000 -- --
09/09/2017 09/09/17 For Sale $430,000 -2.1% $396 / Sq Ft
08/30/2017 08/30/17 Off Market $439,000 -- --
08/29/2017 08/29/17 For Sale $430,000 -2.1% $396 / Sq Ft
08/19/2017 08/19/17 Off Market $439,000 -- --
05/30/2017 05/30/17 For Sale $430,000 0.0% $396 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
05/12/2017 05/12/17 For Sale $430,000 +28.4% $396 / Sq Ft
10/01/2015 10/01/15 Sold $335,000 0.0% $308 / Sq Ft View Prior Sale
09/21/2015 09/21/15 Pending -- -- --
07/29/2015 07/29/15 Price Changed $334,900 -4.0% $308 / Sq Ft
06/01/2015 06/01/15 For Sale $349,000 -- $321 / 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 $6,332 $499,501 $113,781 $385,720
2024 $6,332 $489,707 $111,550 $378,157
2023 $6,226 $480,106 $109,363 $370,743
2022 $5,841 $470,693 $107,219 $363,474
2021 $5,725 $461,465 $105,117 $356,348
2019 $5,643 $447,780 $102,000 $345,780
2018 $4,421 $348,534 $104,040 $244,494
2016 $4,066 $335,000 $100,000 $235,000
2015 $1,881 $157,282 $75,827 $81,455
2014 $1,871 $154,202 $74,342 $79,860
Source: Public Records

Agents Affiliated with this Home

  • Matthew Chang

    Seller's Agent in 2018

    Matthew Chang

    Keller Williams Realty Los Feliz

    (949) 232-5881

    51 Total Sales

    Matthew Chang
    Section Image

  • R

    Buyer's Agent in 2018

    Ryan Bustillos

    Compass

  • M

    Seller's Agent in 2015

    Matt Schwier

    Schwier & Associates

    (714) 895-5000

    2 Total Sales

    Matt Schwier
    Section Image
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Map

Source: The MLS

MLS Number: 17-230486

The MLS

APN: 7265-012-212

California Los Angeles County Long Beach 90802 Alamitos Beach

1425 E 1st St Unit 4, Long Beach, CA

Not Listed for Sale

Condos

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