NOT LISTED FOR SALE

1629 Cherry Ave Unit 107 Long Beach, CA 90813

Central Neighborhood

Estimated Value: $400,000 - $444,000

2 Beds
2 Baths
842 Sq Ft
$314/mo HOA Fee

Last Sold October 14, 2020

Last sale price $320,000 $380 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,971/month

3 Days on Market

Highlights

  • View of Trees or Woods
  • 0.39 Acre Lot
  • Bathtub with Shower
  • Long Beach Polytechnic High School Rated A
  • Balcony
  • Living Room

About This Home

As of October 2020

Minutes from the beach and downtown Long Beach, this two bedroom, two bath corner unit condo is a must see! Looking out to lush green trees, and only sharing one common wall, this unit exudes peace and privacy enjoyable from every room. The rustling of leaves in the breeze make the spacious balcony a great spot for a relaxing outdoor lounge or refreshing dining area. Inside elegant laminate floors lead through the living area and to the two spacious bedrooms. The master suite has plentiful closet space with dual hallway closets and a private full bath ensuite. Both the master and guest bedrooms have sliding glass doors for access to the balcony. Additional features include in-unit hookups for a stackable washer/dryer, 2 assigned spaces in the gated parking garage, as well as a central courtyard. Easy access to major freeways makes commuting a breeze, don't miss out on this one!

Last Agent to Sell the Property

Dana Hughes

Tauler Hughes California Realty License #01940909 Listed on: 09/15/2020

Last Buyer's Agent

Jeb Middlebrook

Keller Williams Coastal Prop. License #02097471

Keller Williams Coastal Prop.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,365

Year Built

  • Built in 1988

Lot Details

  • 0.39

HOA Fees

  • $314 Monthly HOA Fees

Property Views

  • Woods
  • Neighborhood

Interior Spaces

  • 842 Sq Ft Home
  • Living Room
  • Laminate Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Utilities

  • Central Heating
  • Septic Type Unknown

Additional Features

  • Balcony
  • Two or More Common Walls

Community Details

  • 24 Units
  • Signal Terrace HOA, Phone Number (562) 494-2649
  • Condo Services HOA
  • Eastside Subdivision
  • Maintained Community

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 45193
  • Assessor Parcel Number 7261008035

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,365

Year Built

Built in 1988

Lot Details

0

HOA Fees

$314 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Stove
  • Property Attached: Yes
  • Subdivision Name Other: Eastside (ES)
  • View: Yes
  • Zoning: LBCNR
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7261008035
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 842.00 Square Feet
  • Interior Amenities: Balcony
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 380.05
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Bathroom Features: Bathtub, Shower In Tub

Exterior Features

  • View: Neighborhood, Trees/Woods
  • Pool Private: No
  • Spa: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Trash, Water
  • Association Fee: 314.25
  • Association Fee Frequency: Monthly
  • Association Name: Signal Terrace HOA
  • Phone: 562-494-2649
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks
  • Association Management: Condo Services

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 17022.00
  • Lot Size Acres: 0.3908

Multi Family

  • Lease Considered: No
  • Lot Size Area: 17022.0000 Square Feet
  • Number Of Units In Community: 24
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5752.02
  • Tax Lot: 1
  • Tax Tract Number: 45193

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2020
Closed on
Sep 22, 2020
Sold by
Muschen Markus
Bought by
Lachance Jeanette Kathryn
Seller's Agent
Dana Hughes
Tauler Hughes California Realty
Buyer's Agent
Jeb Middlebrook
Keller Williams Coastal Prop.
List Price
$299,900
Sold Price
$320,000
Premium/Discount to List
$20,100
6.7%
Current Estimated Value
$424,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,131
Avg. Annual Appreciation
6.30%
Original Mortgage
$288,000
Outstanding Balance
$256,739
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$175,544

Purchase Details

Closed on
Jul 17, 2017
Sold by
Muschen Markus
Bought by
Muschen Markus and The Markus Muschen Living Trust

Purchase Details

Closed on
Nov 7, 2014
Sold by
Ng Jimmy K
Bought by
Muschen Markus

Purchase Details

Closed on
Aug 23, 2002
Sold by
Ng Jimmy K and Ng Tony K
Bought by
Ng Jimmy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.16%

Purchase Details

Closed on
Nov 16, 1998
Sold by
Bankers Trust Company Of California Na
Bought by
Ng Jimmy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,200
Interest Rate
6.78%

Purchase Details

Closed on
Jun 25, 1998
Sold by
Ingram Dion
Bought by
Vendee Mtg Trust 1996-1

Purchase Details

Closed on
Jul 18, 1995
Sold by
Va
Bought by
Ingram Dion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,100
Interest Rate
7.62%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 19, 1994
Sold by
Brezani Frank J and Lee Lawrence A
Bought by
Keycorp Mtg Inc

Purchase Details

Closed on
Dec 8, 1994
Sold by
Keycorp Mtg Inc
Bought by
Va
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
Lachance Jeanette Kathryn $320,000 Old Republic Title
Muschen Markus -- None Available
Muschen Markus $160,000 North American Title Co
Ng Jimmy K -- Lawyers Title Company
Ng Jimmy K $39,000 First American Title Co
Vendee Mtg Trust 1996-1 $32,000 First American Title Ins Co
Ingram Dion $42,500 First American Title Co
Keycorp Mtg Inc $119,269 --
Va -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lachance Jeanette Kathryn $288,000
Previous Owner Muschen Markus $105,000
Previous Owner Ng Jimmy K $53,554
Previous Owner Ng Jimmy K $100,000
Previous Owner Ng Jimmy K $60,000
Previous Owner Ng Jimmy K $31,200
Previous Owner Ingram Dion $42,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 Sold $320,000 +6.7% $380 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $299,900 -- $356 / 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 $4,365 $346,375 $192,780 $153,595
2024 $4,365 $339,584 $189,000 $150,584
2023 $4,289 $332,927 $185,295 $147,632
2022 $4,024 $326,400 $181,662 $144,738
2021 $3,941 $320,000 $178,100 $141,900
2019 $2,295 $172,379 $39,969 $132,410
2018 $2,239 $169,000 $39,186 $129,814
2016 $2,060 $162,439 $37,665 $124,774
2015 $1,979 $160,000 $37,100 $122,900
2014 $1,162 $85,771 $19,924 $65,847
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20191652

California Regional Multiple Listing Service (CRMLS)

APN: 7261-008-035