$243,000
SOLD DEC 30, 2015
1 Bed
1 Bath
752 Sq Ft
$143/mo HOA Fee

Recently Sold

$323 Per Sq Ft

1% Below List Price

25 Days on Market

Highlights

  • Gated Community
  • 0.19 Acre Lot
  • Wood Flooring
  • Long Beach Polytechnic High School Rated A
  • Secluded Lot
  • Lawn

About This Home

As of September 2017

SUBJECT TO CANCELLATION OF CURRENT ESCROW. Tucked quietly from the main street; this unit fronts to a pastoral courtyard. Walk out your front door to pick fresh fruit off of your private fruit tree. Features include hardwood flooring and original charm. New hot water heater and double pane windows. Ceiling fans. Gated community with only 11 units and low HOA dues. Very well kept complex located directly across from the beach. Conveniently located between the downtown area and Belmont Shores. This is a unique opportunity to own Oil Mineral Rights. The current owner holds the Mineral Rights and are willing to negotiate ownership in the sale of this property. This is a great way to supplement your income and investment.

Last Agent to Sell the Property

Howard Ginsberg

Home Smart Realty Group License #01953651 Listed on: 08/14/2015

Home Smart Realty Group

Last Buyer's Agent

Dean Pessin

No Firm Affiliation License #01106620

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,733

Year Built

  • Built in 1951 | Remodeled

Lot Details

  • Property fronts an alley
  • Two or More Common Walls
  • Landscaped
  • Level Lot
  • Lawn
  • Garden

HOA Fees

  • $143 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Frame Construction

Interior Spaces

  • 752 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Drapes & Rods
  • Window Screens
  • Entryway
  • Living Room
  • Courtyard Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Open Patio
  • Exterior Lighting
  • Front Porch

Utilities

  • Cooling Available
  • Floor Furnace

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 59
  • Assessor Parcel Number 7265014149

Community Details

Overview

  • 11 Units
  • Oceanair Association
  • Greenbelt

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,733

Year Built

Built in 1951 | Remodeled

Lot Details

0

HOA Fees

$143 per month

Listing Details

  • Assessments: No
  • Inclusions: Option to purchase oil Mineral Rights
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Security: Gated Community
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265014149
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 752.00
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 323.14
  • Room Type: All Bedrooms Down, Entry, Living Room
  • Window Features: Drapes, Double Pane Windows, Screens

Exterior Features

  • Patio: Yes
  • View: Courtyard
  • Patio And Porch Features: Patio Open, Porch, Front Porch
  • Pool Private: No
  • Construction Materials: Frame

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Floor Furnace
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 143.00
  • Association Fee Frequency: Monthly
  • Association Name: OceanAir
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Garden, Greenbelt, Lawn, Landscaped, Level with Street, Secluded
  • Lot Size Sq Ft: 8263.00
  • Price Per Lot Square Foot: 29.41
  • Lot Size Acres: 0.1900

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 11
  • Number Of Units Total: 11

Tax Info

  • Tax Lot: 16
  • Tax Tract Number: M R 59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2017
Closed on
Jul 7, 2017
Sold by
Wilkinson Scott
Bought by
Wells Cheron
Seller's Agent
Howard Ginsberg
Home Smart Realty Group
Buyer's Agent
Hannah McGrath
Redfin Corporation
List Price
$319,888
Sold Price
$325,000
Premium/Discount to List
$5,112
1.6%
Current Estimated Value
$498,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,075
Avg. Annual Appreciation
5.11%
Original Mortgage
$315,250
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2015
Sold by
Petermann Michael A
Bought by
Wilkinson Scott and Wilkinson Jossie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2009
Sold by
Petermann Irene R and The Petermann Family Trust
Bought by
Petermann Irene R and The Petermann Family Bypass Trust

Purchase Details

Closed on
Jul 29, 1998
Sold by
Peterman Harold G and Peterman Family Trust
Bought by
Peterman Harold G and The Petermann Family Trust

Purchase Details

Closed on
Jun 6, 1996
Sold by
Petermann Philip G
Bought by
Petermann Philip Gerard and The Petermann Family Trust
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 Type Sale Price Title Company
Grant Deed $325,000 Fatcola
Grant Deed $243,000 First American Title
Interfamily Deed Transfer -- None Available
Gift Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $315,250 New Conventional
Previous Owner $125,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2017 09/01/17 Sold $325,000 +1.6% $432 / Sq Ft
07/04/2017 07/04/17 For Sale $319,888 +31.6% $425 / Sq Ft
12/30/2015 12/30/15 Sold $243,000 -0.8% $323 / Sq Ft
11/13/2015 11/13/15 For Sale $245,000 0.0% $326 / Sq Ft
09/08/2015 09/08/15 Pending -- -- --
08/14/2015 08/14/15 For Sale $245,000 -- $326 / 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 $4,733 $362,540 $111,550 $250,990
2023 $4,653 $355,432 $109,363 $246,069
2022 $4,367 $348,464 $107,219 $241,245
2021 $4,280 $341,632 $105,117 $236,515
2019 $4,218 $331,500 $102,000 $229,500
2018 $4,117 $325,000 $100,000 $225,000
2016 $2,988 $243,000 $43,000 $200,000
2015 $923 $66,410 $15,932 $50,478
2014 $924 $65,110 $15,620 $49,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15179359

California Regional Multiple Listing Service (CRMLS)

APN: 7265-014-149