NOT LISTED FOR SALE

1485 Obispo Ave Unit 6 Long Beach, CA 90804

Zaferia Neighborhood

Estimated Value: $430,000 - $483,000

2 Beds
1 Bath
800 Sq Ft
$252/mo HOA Fee

Last Sold May 02, 2022

Last sale price $408,000 $510 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,157/month

10 Days on Market

Highlights

  • No Units Above
  • City Lights View
  • Controlled Access
  • Woodrow Wilson High School Rated A
  • Living Room
  • 4-minute walk to Orizaba Park

About This Home

As of May 2022

Welcome home to this beautiful and spacious 2 bedrooms, 1 bathroom condo located in the highly sought after Zaferia district! This spacious unit includes recently updated kitchen floors, granite counter tops, maple cabinets, breakfast bar, with plenty of room for dining and entertaining, plus a private balcony to enjoy the ocean breeze overlooking the Downtown Long Beach skyline. This unit has laminate flooring, crown molding, plus in unit laundry! There are 8 units in this gated/secured complex with ground level parking garage, centrally located just minutes from Long Beach State, shopping in Retro Row, dining in Belmont Shore and just 2 miles from the beach!

Last Agent to Sell the Property

Nicole Pletkovich

Keller Williams Realty License #02015236 Listed on: 03/15/2022

Keller Williams Realty

Co-Listed By

Gordon Inman

Keller Williams Realty License #00446156

Last Buyer's Agent

Assad Motavasseli

Compass License #01968689

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,513

Year Built

  • Built in 1985

Lot Details

  • No Units Above
  • Two or More Common Walls

HOA Fees

  • $252 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Automatic Gate
  • Controlled Entrance
  • Community Parking Structure

Interior Spaces

  • 800 Sq Ft Home
  • Living Room
  • City Lights Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 64565
  • Assessor Parcel Number 7259026043

Community Details

Overview

  • 8 Units
  • Val Villa Association, Phone Number (562) 494-2649
  • Condo Services HOA

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,513

Year Built

Built in 1985

Lot Details

0

HOA Fees

$252 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: Automatic Gate
  • Subdivision Name Other: Zaferia
  • View: Yes
  • Zoning: LBR2N
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7259026043
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 800.00 Square Feet
  • Common Walls: 2+ Common Walls, No One Above
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 510.00
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Community Structure, Controlled Entrance, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Controlled Access
  • Association Fee: 252.00
  • Association Fee Frequency: Monthly
  • Association Name: Val Villa
  • Phone: 562-494-2649
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs
  • Association Management: Condo Services

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 6099.00
  • Lot Size Acres: 0.1400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6099.0000 Square Feet
  • Number Of Units In Community: 8
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5751.03
  • Tax Lot: 1
  • Tax Tract Number: 64565

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2020
Closed on
Apr 27, 2020
Sold by
Hoang Tai
Bought by
Montenegro Gustavo and Eicker Ann
Seller's Agent
Natalia Marquez
Citrine Realty Group
Buyer's Agent
Nicole Pletkovich
Keller Williams Realty
List Price
$295,000
Sold Price
$300,000
Premium/Discount to List
$5,000
1.69%
Current Estimated Value
$452,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,446
Avg. Annual Appreciation
7.80%
Original Mortgage
$270,000
Outstanding Balance
$239,781
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$205,907

Purchase Details

Closed on
Apr 27, 2010
Sold by
Maverick Productions Llc
Bought by
Hoang Tai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
5.03%
Mortgage Type
New Conventional
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
Montenegro Gustavo $300,000 Chicago Title Company
Hoang Tai $176,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montenegro Gustavo $270,000
Previous Owner Hoang Tai $142,290
Previous Owner Hoang Tai $158,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $408,000 +4.9% $510 / Sq Ft
03/26/2022 03/26/22 For Sale $389,000 -4.7% $486 / Sq Ft
03/26/2022 03/26/22 Off Market $408,000 -- --
03/25/2022 03/25/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $389,000 +29.7% $486 / Sq Ft
06/04/2020 06/04/20 Sold $300,000 +1.7% $375 / Sq Ft
04/20/2020 04/20/20 Pending -- -- --
04/12/2020 04/12/20 For Sale $295,000 -- $369 / 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 $5,513 $432,971 $178,282 $254,689
2024 $5,513 $424,483 $174,787 $249,696
2023 $5,420 $416,160 $171,360 $244,800
2022 $3,911 $309,168 $139,125 $170,043
2021 $3,832 $303,107 $136,398 $166,709
2020 $2,714 $207,721 $89,697 $118,024
2019 $2,683 $203,649 $87,939 $115,710
2018 $2,615 $199,657 $86,215 $113,442
2016 $2,407 $191,906 $82,868 $109,038
2015 $2,312 $189,025 $81,624 $107,401
2014 $2,301 $185,324 $80,026 $105,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV22050248

California Regional Multiple Listing Service (CRMLS)

APN: 7259-026-043