NOT LISTED FOR SALE

1500 E Ocean Blvd, Unit 510 Long Beach, CA 90802

Alamitos Beach Neighborhood

Estimated Value: $955,000 - $1,170,000

3 Beds
2 Baths
1,282 Sq Ft
$602/mo HOA Fee

Last Sold October 13, 2016

Last sale price $730,000 $569 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $7,344/month

47 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Clubhouse
  • Long Beach Polytechnic High School Rated A
  • Fitness Center
  • Wood Flooring

About This Home

As of October 2016

SECOND PRICE DROP! Here's your chance to enjoy one of Long Beach's most exclusive beach-front communities at an affordable price! Check out this stunning, ocean-view condo at the luxurious 1500 Ocean, a resort-style community that sits along the sand of Alamitos Beach. Enjoy views from Newport Beach to Palos Verdes from the view deck. Watch fireworks over the Queen Mary from your front door. Or just watch the waves roll in from your private balcony. With direct beach access, it's easy to enjoy the 4.2-mile biking/walking path that winds from Rainbow Harbor to Belmont Shore. You're just a short walk to Shoreline Village restaurants, Pike shopping, the Terrace Theater and Metro. Of course, there's a beautiful pool, spa, clubhouse and gym, so you'll enjoy staying right here. Condo upgrades include stone and hardwood flooring, granite countertops, high-end appliances, crown molding, Jacuzzi tub and more. HOA covers concierge, security, earthquake insurance, as well as water, sewer and trash. Realtors: Bring your buyers! Buyers: Bring your offers! This place won't last!

Last Agent to Sell the Property

Max McDermott

Realty Masters & Associates License #01172284 Listed on: 07/06/2016

Realty Masters & Associates

Last Buyer's Agent

Max Mcdermott

License #01172284

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,577

Year Built

  • Built in 2000

Lot Details

  • Beach Front
  • 1 Common Wall

HOA Fees

  • $602 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Catalina

Home Design

  • Common Roof

Interior Spaces

  • 1,282 Sq Ft Home
  • Crown Molding
  • Gas Fireplace
  • Family Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Granite Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 52245
  • Assessor Parcel Number 7265015074

Community Details

Overview

  • 7-Story Property

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,577

Year Built

Built in 2000

Lot Details

0

HOA Fees

$602 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 562-506-3991
  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265015074
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1282.00
  • Interior Amenities: Balcony, Crown Molding, Granite Counters
  • Stories: 7
  • Common Walls: 1 Common Wall
  • Flooring: Stone, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Family Room, Gas
  • Levels: One
  • Price Per Square Foot: 569.42
  • Room Type: Walk-In Closet

Exterior Features

  • Patio: Yes
  • View: Catalina, Coastline, Harbor, Ocean
  • Patio And Porch Features: Patio Open
  • Pool Features: Association
  • Pool Private: No
  • Roof: Common Roof

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Gym/Ex Room, Pool, Spa/Hot Tub
  • Association Fee: 602.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Waterfront Features: Beach Front

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 52245

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2016
Closed on
Aug 25, 2016
Sold by
Ball Kevin P
Bought by
Mahadevan Ramasamy and Mahadevan Kanagambigai
Seller's Agent
Max McDermott
Realty Masters & Associates
Buyer's Agent
Max Mcdermott
List Price
$775,000
Sold Price
$730,000
Premium/Discount to List
-$45,000
-5.81%
Current Estimated Value
$1,100,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,066
Avg. Annual Appreciation
5.11%
Original Mortgage
$400,000
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2010
Sold by
Dtb East Ocean Boulevard Llc
Bought by
Ball Kevin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,400
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2009
Sold by
Beauchamp David T and David T Beauchamp Special Trus
Bought by
Dtb East Ocean Boulevard Llc

Purchase Details

Closed on
Jun 24, 2008
Sold by
Avila David and Avila Maria
Bought by
Beauchamp David T and David Beauchamp Special Trust

Purchase Details

Closed on
Aug 27, 2004
Sold by
Prudential Relocation Inc
Bought by
Avila David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,200
Interest Rate
4.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2000
Sold by
1500 Ocean Llc
Bought by
Thornton Christopher S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,920
Interest Rate
5.37%
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
Mahadevan Ramasamy $730,000 Ticor Title
Ball Kevin P $508,000 Equity Title Orange County-I
Dtb East Ocean Boulevard Llc -- None Available
Beauchamp David T $750,000 Commonwealth Land Title Co
Avila David $709,000 --
Prudential Relocation Inc -- First American Title Company
Thornton Christopher S $400,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mahadevan Ramasamy $400,000
Previous Owner Ball Kevin P $390,000
Previous Owner Ball Kevin P $406,400
Previous Owner Avila David $675,000
Previous Owner Avila David $567,200
Previous Owner Thornton Christopher S $320,100
Previous Owner Thornton Christopher S $319,920
Closed Thornton Christopher S $59,985
Closed Avila David $70,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2016 10/13/16 Sold $730,000 -2.7% $569 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
07/28/2016 07/28/16 Price Changed $750,000 -2.0% $585 / Sq Ft
07/26/2016 07/26/16 Price Changed $765,000 -1.3% $597 / Sq Ft
07/06/2016 07/06/16 For Sale $775,000 -- $605 / 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 $10,577 $847,220 $484,424 $362,796
2024 $10,577 $830,609 $474,926 $355,683
2023 $10,401 $814,323 $465,614 $348,709
2022 $9,754 $798,357 $456,485 $341,872
2021 $9,567 $782,704 $447,535 $335,169
2019 $9,430 $759,491 $434,262 $325,229
2018 $9,214 $744,600 $425,748 $318,852
2016 $6,558 $549,785 $268,290 $281,495
2015 $6,291 $541,528 $264,261 $277,267
2014 $6,244 $530,921 $259,085 $271,836
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Max McDermott

    Realty Masters & Associates

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About This Building

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16146378

California Regional Multiple Listing Service (CRMLS)

APN: 7265-015-074

California Los Angeles County Long Beach 90802 Alamitos Beach

1500 E Ocean Blvd Unit 510, Long Beach, CA

This home is located at 1500 E Ocean Blvd Unit 510, Long Beach, CA 90802 since 06 July 2016 and is currently estimated at $1,100,066, approximately $858 per square foot. This property was built in 2000. 1500 E Ocean Blvd Unit 510 is a home located in Los Angeles County with nearby schools including Burbank Elementary School, Franklin Middle School, and Long Beach Polytechnic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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