NOT LISTED FOR SALE

1629 Cherry Ave Unit 205 Long Beach, CA 90813

Central Neighborhood

Estimated Value: $399,000 - $490,000

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

Last Sold July 26, 2022

Last sale price $390,000 $472 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,111/month

63 Days on Market

Highlights

  • Gated Community
  • City Lights View
  • Deck
  • Long Beach Polytechnic High School Rated A
  • 0.39 Acre Lot
  • Main Floor Primary Bedroom

About This Home

As of July 2022

You can't beat the location of this lovely, pet friendly building 2 bed/2 bath, 2nd level condo. Enjoy city views and ocean breezes from your living room and balcony. Spacious unit has granite countertops, tiles, inside laundry, two assigned parking spots (one of which is equipped for electric car charging). This is a secure Building with an Elevator and the complex offers a court yard area, bike racks, gated parking, and visitors parking. HOA covers hot water, trash, sewer and insurance and monthly HOA is only $314.25. Stove was replaced in early 2021,Master bathroom had new lights and vanity replaced in 2021,New Dishwasher and Dryer in early 2020,Balcony was completely refurbished in 2019,Master bedroom closet remodel in 2019,Guest bathroom was completely remodeled in 2017.With a 80 walk score and minutes away from the Long Beach City College, gym, coffee shops, restaurants, shopping, beach and major freeways and many more, this is truly a one of a kind unit! Great for first time buyers, Investors, College Students or as a second home in the city. Don’t miss out on this great property and come see it before it's gone!

Last Agent to Sell the Property

Alexandru Georgescu

T.N.G. Real Estate Consultants License #01982701 Listed on: 04/17/2022

T.N.G. Real Estate Consultants

Last Buyer's Agent

Michael Gonzales

Latitudes Real Estate License #01957822

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,173

Year Built

  • Built in 1988

Lot Details

  • 1 Common Wall
  • Front and Back Yard Sprinklers
  • Back and Front Yard

HOA Fees

  • $314 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Electric Vehicle Home Charger
  • Parking Available
  • Automatic Gate

Property Views

  • City Lights
  • Valley

Home Design

  • Cosmetic Repairs Needed
  • Membrane Roofing

Interior Spaces

  • 827 Sq Ft Home
  • Living Room
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Security Lights
  • Pest Guard System

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating
  • Hot Water Heating System
  • 220 Volts
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 45193
  • Assessor Parcel Number 7261008041

Community Details

Overview

  • Master Insurance
  • 24 Units
  • Signal Terrace Association, Phone Number (562) 494-2649
  • Long Beach Managment HOA
  • Poly High Subdivision
  • Maintained Community

Amenities

  • Trash Chute

Pet Policy

  • Pets Allowed
  • Pet Restriction
  • Pet Size Limit

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,173

Year Built

Built in 1988

Lot Details

0

HOA Fees

$314 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Automatic Gate, Fire Sprinkler System, Gated Community, Security Lights, Smoke Detector(s)
  • Subdivision Name Other: Poly High (PH)
  • View: Yes
  • Zoning: LBCNR
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7261008041
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 827.00 Square Feet
  • Interior Amenities: Elevator, Granite Counters, Trash Chute
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 471.58
  • Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: City Lights, Valley
  • Fence: No
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Membrane
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Subterranean, Electric Vehicle Charging Station(s)
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Electric: 220 Volts, Standard
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pest Control, Insurance, Maintenance Grounds, Trash, Sewer, Water, Pet Rules, Pets Permitted, Weight Limit, Hot Water
  • Association Fee: 314.25
  • Association Fee Frequency: Monthly
  • Association Name: Signal Terrace
  • Phone: 562-494-2649
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights
  • Association Management: Long Beach Managment

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 17022.00
  • Lot Size Acres: 0.3908
  • Latitude Manual: 33.78781600

Multi Family

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

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2021
Sold by
Gutierrez Damien C
Bought by
Gutierrez Damien Charles
Current Estimated Value
$437,652

Purchase Details

Listed on
Jul 11, 2016
Closed on
Jul 28, 2016
Sold by
Magallanes Leland
Bought by
Gutierrez Damien C
Seller's Agent
Susan Wyant
Keller Williams Pacific Estate
Buyer's Agent
Jason Patterson
RE/MAX College Park Realty
List Price
$229,999
Sold Price
$234,000
Premium/Discount to List
$4,001
1.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$226,980
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2003
Sold by
Pope Kevin and Pope Victoria
Bought by
Magallanes Leland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,500
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2002
Sold by
Damien Charles Gutierrez Revocable Trust
Bought by
Fuentas Edward Raymond and Sandoval Alicia Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,500
Interest Rate
5.23%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gutierrez Damien Charles -- None Available
Gutierrez Damien C $234,000 Fidelity National Title Co
Magallanes Leland $132,000 Fidelity Title
Fuentas Edward Raymond $390,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gutierrez Damien Charles $209,697
Previous Owner Gutierrez Damien C $226,980
Previous Owner Magallanes Leland $55,000
Previous Owner Magallanes Leland $185,250
Previous Owner Magallanes Leland $105,500
Previous Owner Fuentas Edward Raymond $370,500
Closed Magallanes Leland $26,380
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2022 07/26/22 Sold $390,000 -6.0% $472 / Sq Ft
06/19/2022 06/19/22 Pending -- -- --
06/14/2022 06/14/22 Price Changed $415,000 -2.4% $502 / Sq Ft
04/17/2022 04/17/22 For Sale $425,000 +81.6% $514 / Sq Ft
08/26/2016 08/26/16 Sold $234,000 +1.7% $283 / Sq Ft
07/24/2016 07/24/16 Pending -- -- --
07/11/2016 07/11/16 For Sale $229,999 -- $278 / 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 $5,173 $405,755 $222,645 $183,110
2024 $5,173 $397,800 $218,280 $179,520
2023 $5,085 $390,000 $214,000 $176,000
2022 $3,268 $255,908 $114,065 $141,843
2021 $3,200 $250,891 $111,829 $139,062
2020 $3,192 $248,320 $110,683 $137,637
2019 $3,155 $243,452 $108,513 $134,939
2018 $3,079 $238,680 $106,386 $132,294
2016 $1,931 $158,407 $71,335 $87,072
2015 $1,855 $156,029 $70,264 $85,765
2014 $1,846 $152,973 $68,888 $84,085
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22077747

California Regional Multiple Listing Service (CRMLS)

APN: 7261-008-041