NOT LISTED FOR SALE

Estimated Value: $1,015,000 - $1,150,000

3 Beds
2 Baths
1,326 Sq Ft
$657/mo HOA Fee

Last Sold October 29, 2021

Last sale price $880,000 $664 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $7,813/month

110 Days on Market

Highlights

  • Ocean View
  • Beach Access
  • In Ground Pool
  • Long Beach Polytechnic High School Rated A
  • Fitness Center
  • Primary Bedroom Suite

About This Home

As of October 2021

Welcome to this beautiful beach home in the prestigious community of 1500 Ocean. As you enter the home, you are greeted by a picturesque ocean view. This condo features three bedrooms, two bathrooms, including a large master suite, kitchen, living room with fireplace, dining area and laundry closet. The kitchen features granite countertops, stainless steel refrigerator, dishwasher, wine fridge as well a gas range and double ovens. There is upgraded hand carved hickory wood flooring, travertine, ceiling fans, and new LED recessed lighting throughout the home. There are two side by side parking spaces in the gated parking garage. This community has several amenities including pool, spa, gym, community room, a storage locker, direct beach access, and sun deck to enjoy more beautiful ocean views. This community gives you prime location for beach and bike/jogging path access. Conveniently located a short distance to Downtown Long Beach and Belmont Shore with access to many nearby restaurants and shops in Alamitos Beach. Enjoy all of the benefits of living at the beach!

Last Agent to Sell the Property

Kimberlee Massey

RE/MAX TerraSol License #01947567 Listed on: 05/24/2021

RE/MAX TerraSol

Last Buyer's Agent

Kimberlee Massey

RE/MAX TerraSol License #01947567 Listed on: 05/24/2021

RE/MAX TerraSol

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,633

Year Built

  • Built in 2000

Lot Details

  • 0.87

HOA Fees

  • $657 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Side by Side Parking
  • Automatic Gate
  • Assigned Parking
  • Controlled Entrance

Home Design

  • Contemporary Architecture
  • Turnkey
  • Stucco

Interior Spaces

  • 1,326 Sq Ft Home
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Window Screens
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Ocean Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Home Security

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Beach Access
  • Balcony

Additional Features

  • Two or More Common Walls
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 52245
  • Assessor Parcel Number 7265015078

Community Details

Overview

  • 70 Units
  • 1500 Ocean Association, Phone Number (949) 716-3998
  • Powerstone HOA
  • Alamitos Beach Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Service
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,633

Year Built

Built in 2000

Lot Details

0

HOA Fees

$657 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Zoning: LBPPD5
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265015078
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1326.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Granite Counters, Recessed Lighting, Tile Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 663.65
  • Room Type: Living Room, Master Suite
  • Spa Features: Association, Community, In Ground
  • Window Features: Double Pane Windows, Screens
  • Bathroom Features: Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Master Bath, Exhaust Fan(s), Separate Tub And Shower, Tile Counters
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • View: Ocean
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Controlled Entrance, Gated, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Disposal, Gas Cooktop, Range Hood, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: In Closet, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Gym/Ex Room, Clubhouse, Storage, Trash, Water, Security
  • Association Fee: 657.00
  • Association Fee Frequency: Monthly
  • Association Name: 1500 Ocean
  • Phone: 949-716-3998
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs
  • Association Management: Powerstone

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 37910.00
  • Lot Size Acres: 0.8703

Multi Family

  • Lease Considered: No
  • Lot Size Area: 37910.0000 Square Feet
  • Number Of Units In Community: 70
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access

Tax Info

  • Tax Census Tract: 5766.02
  • Tax Lot: 1
  • Tax Tract Number: 52245

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Sep 14, 2021
Sold by
Mccort Wayne A and Mccort Donna C
Bought by
Saravia Lilian Astrid and Saravia Patricia
Seller's Agent
Kimberlee Massey
RE/MAX TerraSol
Buyer's Agent
Kimberlee Massey
RE/MAX TerraSol
List Price
$930,000
Sold Price
$880,000
Premium/Discount to List
-$50,000
-5.38%
Total Days on Market
110
Current Estimated Value
$1,102,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,104
Avg. Annual Appreciation
6.03%
Original Mortgage
$660,000
Outstanding Balance
$607,058
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$480,236

Purchase Details

Listed on
Jan 15, 2015
Closed on
Feb 20, 2015
Sold by
Perry Walter L
Bought by
The Wayne A & Donna C Mccort Trust
Seller's Agent
Coralyn Wahlberg
Think Boutiq Real Estate
Buyer's Agent
Kimberlee Massey
RE/MAX TerraSol
List Price
$759,000
Sold Price
$735,000
Premium/Discount to List
-$24,000
-3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.77%
Original Mortgage
$415,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2005
Sold by
Townsend Christopher Bruce and C Bruce Townsend Trust
Bought by
Perry Walter L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Saravia Lilian Astrid $880,000 Fidelity National Title Co
The Wayne A & Donna C Mccort Trust $735,000 Fidelity National Title Co
Perry Walter L $750,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saravia Lilian Astrid $660,000
Previous Owner The Wayne A & Donna C Mccort Trust $415,000
Previous Owner Perry Walter L $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $880,000 -1.7% $664 / Sq Ft
09/11/2021 09/11/21 Pending -- -- --
07/28/2021 07/28/21 Price Changed $895,000 -3.8% $675 / Sq Ft
05/24/2021 05/24/21 For Sale $930,000 +26.5% $701 / Sq Ft
03/26/2015 03/26/15 Sold $735,000 -1.9% $554 / Sq Ft
02/21/2015 02/21/15 Pending -- -- --
02/06/2015 02/06/15 Price Changed $749,000 -1.3% $565 / Sq Ft
01/15/2015 01/15/15 For Sale $759,000 -- $572 / 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
2024 $11,633 $915,551 $533,621 $381,930
2023 $11,440 $897,600 $523,158 $374,442
2022 $10,728 $880,000 $512,900 $367,100
2021 $9,967 $816,083 $333,095 $482,988
2019 $9,824 $791,879 $323,216 $468,663
2018 $9,600 $776,353 $316,879 $459,474
2016 $8,831 $746,208 $304,575 $441,633
2015 $6,388 $550,000 $385,000 $165,000
2014 $6,462 $550,000 $385,000 $165,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21110749

California Regional Multiple Listing Service (CRMLS)

APN: 7265-015-078