NOT LISTED FOR SALE

1485 Obispo Ave Unit 8 Long Beach, CA 90804

Zaferia Neighborhood

Estimated Value: $428,000 - $487,000

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

Last Sold December 24, 2020

Last sale price $350,000 $422 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,066/month

25 Days on Market

Highlights

  • No Units Above
  • City Lights View
  • Balcony
  • Woodrow Wilson High School Rated A
  • Spanish Architecture
  • 4-minute walk to Orizaba Park

About This Home

As of December 2020

Welcome to this beautiful, light and bright, 2 bedroom 1 bath Condominium located in a gated building within the highly sought after Zaferia district / Circle area. This spacious unit has been remodeled offering a spacious kitchen, new water resistant flooring, and new paint throughout with no-one above you! Enjoy your morning coffee on your private balcony with a skyline view of Downtown Long Beach. There are 8 units in this quiet complex featuring ground level parking garage and secure entrances. This building has an excellent Walk score and is located within two blocks from Orizaba Park, 2.4 mile from CSULB, near great shopping in Retro Row, dining in Belmont Shores, and just 2 miles from the beach!! Property will be available for physical showing soon!

Last Agent to Sell the Property

Danica Patton

eXp Realty of California Inc License #01846104 Listed on: 10/12/2020

eXp Realty of California Inc

Co-Listed By

Michelle Christensen

eXp Realty of California Inc License #02079734

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,771

Year Built

  • Built in 1985

Lot Details

  • No Units Above
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

HOA Fees

  • $252 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Spanish Architecture

Interior Spaces

  • 830 Sq Ft Home
  • Living Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 64565
  • Assessor Parcel Number 7259026045

Community Details

Overview

  • 8 Units
  • Val Villa Association, Phone Number (562) 438-9891
  • Tyler Management HOA

Recreation

  • Dog Park

Security

  • Security Service
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,771

Year Built

Built in 1985

Lot Details

0

HOA Fees

$252 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: Furniture, appliances are all negotiable
  • Property Attached: Yes
  • View: Yes
  • Zoning: LBR2N
  • Architectural Style: Spanish
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7259026045
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 830.00 Square Feet
  • Interior Amenities: Balcony
  • Common Walls: 2+ Common Walls, No One Above
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 421.69
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: City Lights, Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Sewer, Water, Security, Controlled Access
  • Association Fee: 252.00
  • Association Fee Frequency: Monthly
  • Association Name: Val Villa
  • Phone: 562-438-9891
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Dog Park, Sidewalks, Street Lights, Urban
  • Association Management: Tyler Management

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 6-10 Units/Acre
  • 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: 8

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
Oct 12, 2020
Closed on
Dec 14, 2020
Sold by
Carreno Maria Angela
Bought by
Aguilar Juan B
Seller's Agent
Danica Patton
eXp Realty of California Inc
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$345,000
Sold Price
$350,000
Premium/Discount to List
$5,000
1.45%
Current Estimated Value
$453,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,456
Avg. Annual Appreciation
5.51%
Original Mortgage
$334,650
Outstanding Balance
$299,147
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$151,933

Purchase Details

Listed on
Oct 12, 2020
Closed on
Nov 14, 2020
Sold by
Gutierrez Alfonso Alejandro
Bought by
Gutierrez Yosseline
Seller's Agent
Danica Patton
eXp Realty of California Inc
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$345,000
Sold Price
$350,000
Premium/Discount to List
$5,000
1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,650
Outstanding Balance
$299,147
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$151,933

Purchase Details

Listed on
Oct 12, 2020
Closed on
Nov 11, 2020
Sold by
Schoeberger Zachary and Kleis Keri Ann
Bought by
Gutierrez Yosseline and Aguilar Juan B
Seller's Agent
Danica Patton
eXp Realty of California Inc
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$345,000
Sold Price
$350,000
Premium/Discount to List
$5,000
1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,650
Outstanding Balance
$299,147
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$151,933

Purchase Details

Listed on
Jul 3, 2018
Closed on
Jul 30, 2018
Sold by
Childs Cynthia D
Bought by
Schoeberger Zachary and Kleis Keri Ann
Seller's Agent
Dun'ne Bowden
West Shores Realty, Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$339,000
Sold Price
$335,000
Premium/Discount to List
-$4,000
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.91%
Original Mortgage
$290,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2007
Sold by
Maverick Productions Llc
Bought by
Childs Cynthia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,325
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
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
Aguilar Juan B -- First American Title Company
Gutierrez Yosseline -- First American Title Company
Gutierrez Yosseline $350,000 First American Title Company O
Schoeberger Zachary $335,000 Stewart Title
Childs Cynthia D $323,500 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Yosseline $334,650
Previous Owner Schoeberger Zachary $290,000
Previous Owner Childs Cynthia D $307,325
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2020 12/24/20 Sold $350,000 +1.4% $422 / Sq Ft
11/07/2020 11/07/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $345,000 +3.0% $416 / Sq Ft
09/04/2018 09/04/18 Sold $335,000 -1.2% $404 / Sq Ft
07/28/2018 07/28/18 Pending -- -- --
06/23/2018 06/23/18 For Sale $339,000 -- $408 / 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 $4,771 $378,849 $162,364 $216,485
2024 $4,771 $371,422 $159,181 $212,241
2023 $4,688 $364,140 $156,060 $208,080
2022 $4,399 $357,000 $153,000 $204,000
2021 $4,392 $350,000 $150,000 $200,000
2020 $4,325 $341,700 $153,000 $188,700
2019 $4,274 $335,000 $150,000 $185,000
2018 $3,743 $300,000 $195,000 $105,000
2016 $3,323 $278,000 $180,000 $98,000
2015 $2,730 $233,000 $151,000 $82,000
2014 $2,503 $210,000 $136,000 $74,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR20203899

California Regional Multiple Listing Service (CRMLS)

APN: 7259-026-045