NOT LISTED FOR SALE

1629 Cherry Ave Unit 302 Long Beach, CA 90813

Central Neighborhood

Estimated Value: $404,000 - $510,000

2 Beds
2 Baths
827 Sq Ft
$315/mo HOA Fee

Last Sold December 03, 2021

Last sale price $415,000 $502 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,213/month

8 Days on Market

Highlights

  • Coastline Views
  • 0.39 Acre Lot
  • Cathedral Ceiling
  • Long Beach Polytechnic High School Rated A
  • Open Floorplan
  • Granite Countertops

About This Home

As of December 2021

Delighted to introduce this wonderful 2 bedroom remodeled top-level condo unit. One of the best features of the unit is the ability to access the balcony from the living room or primary bedroom to enjoy the city views. The primary bedroom includes an en suite bathroom for optimal comfort. The vaulted ceiling provides a spacious appeal that compliments the abundance of natural light the unit possesses. Other great amenities include an in-unit stackable laundry machine, brand new kitchen appliances, and central air and heating system. Close proximity to Long Beach City College, 405 Freeway access, and a short drive south to Bixby Park and the Beach!!!

Last Agent to Sell the Property

Gregory Eubanks

Redfin Corporation License #01949808 Listed on: 10/20/2021

Redfin Corporation

Last Buyer's Agent

Marylin Williams

The Jackson Real Estate Group License #02004613

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,594

Year Built

  • Built in 1988

Lot Details

  • 0.39

HOA Fees

  • $315 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Property Views

  • Coastline
  • City Lights
  • Hills

Interior Spaces

  • 827 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Living Room

Kitchen

  • Electric Oven
  • Built-In Range
  • Recirculated Exhaust Fan
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Additional Features

  • Living Room Balcony
  • Two or More Common Walls
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 45193
  • Assessor Parcel Number 7261008046
  • $211 per year additional tax assessments

Community Details

Overview

  • 24 Units
  • Signal Terrace Association, Phone Number (562) 494-2649
  • Long Beach Management HOA

Recreation

  • Park

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,594

Year Built

Built in 1988

Lot Details

0

HOA Fees

$315 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LBCNR
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7261008046
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 827.00 Square Feet
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Granite Counters, Living Room Balcony, Open Floorplan
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Vinyl
  • 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: 501.81
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: City Lights, Coastline, Hills
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Electric Cooktop, Disposal, Recirculated Exhaust Fan
  • Heating Type: Central
  • Laundry Features: In Closet, Stackable, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Water, Pet Rules, Call for Rules
  • Association Fee: 315.00
  • Association Fee Frequency: Monthly
  • Association Name: Signal Terrace
  • Phone: 562-494-2649
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Park, Urban
  • Association Management: Long Beach Management

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
  • TaxOtherAnnualAssessmentAmount: 211.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2021
Closed on
Nov 1, 2021
Sold by
Redfinnow Borrower Llc
Bought by
Jimenez Raymond and Torio Maureen
Seller's Agent
Gregory Eubanks
Redfin Corporation
Buyer's Agent
Marylin Williams
The Jackson Real Estate Group
List Price
$399,900
Sold Price
$415,000
Premium/Discount to List
$15,100
3.78%
Current Estimated Value
$449,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,980
Avg. Annual Appreciation
2.17%
Original Mortgage
$373,500
Outstanding Balance
$343,430
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$106,550

Purchase Details

Closed on
Sep 10, 2021
Sold by
Lehar James Kyle
Bought by
Redfinnow Borrower Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,500
Outstanding Balance
$343,430
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$106,550

Purchase Details

Listed on
Jan 9, 2020
Closed on
Jan 28, 2020
Sold by
Georgescu Alexandru
Bought by
Lehar James Kyle
Seller's Agent
Alexandru Georgescu
T.N.G. Real Estate Consultants
Buyer's Agent
Catherine McDermott
Keller Williams Realty
List Price
$315,800
Sold Price
$305,000
Premium/Discount to List
-$10,800
-3.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$274,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2012
Closed on
Jan 14, 2013
Sold by
Mouravieva Antonina
Bought by
Georgescu Alexandru
Seller's Agent
Geoff McIntosh
Coldwell Banker Realty
Buyer's Agent
Laurentiu Georgescu
T.N.G. Real Estate Consultants
List Price
$139,900
Sold Price
$129,900
Premium/Discount to List
-$10,000
-7.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.70%
Original Mortgage
$126,003
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2012
Closed on
Dec 4, 2012
Sold by
Federal National Mortgage Association
Bought by
Georgescu Alexandru
Seller's Agent
Geoff McIntosh
Coldwell Banker Realty
Buyer's Agent
Laurentiu Georgescu
T.N.G. Real Estate Consultants
List Price
$139,900
Sold Price
$129,900
Premium/Discount to List
-$10,000
-7.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,003
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2012
Sold by
Gmac Mortgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 12, 2012
Sold by
Bartolome Rheena M
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Aug 13, 2003
Sold by
Conlon Belinda
Bought by
Bartolome Rheena M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2002
Sold by
Mercado Edna O
Bought by
Conlon Belinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Interest Rate
6.89%

Purchase Details

Closed on
Jan 19, 2000
Sold by
Mercado Erie
Bought by
Mercado Edna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,850
Interest Rate
8.37%

Purchase Details

Closed on
Dec 6, 1999
Sold by
Pro Value Properties Inc
Bought by
Mercado Edna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,850
Interest Rate
8.37%

Purchase Details

Closed on
Sep 7, 1999
Sold by
Moorer Willie Maurice
Bought by
Pro Value Properties Inc

Purchase Details

Closed on
Mar 16, 1998
Sold by
Va
Bought by
Moorer Willie Maurice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,500
Interest Rate
7.06%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 15, 1997
Sold by
Old Kent Mtg Company
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
Jimenez Raymond $415,000 Ticor Title San Diego Branch
Redfinnow Borrower Llc $375,000 Ticor Title San Diego Branch
Lehar James Kyle $305,000 Lawyers Title
Georgescu Alexandru -- Lsi Title Company
Georgescu Alexandru $130,000 Lsi Title Company
Federal National Mortgage Association -- None Available
Gmac Mortgage Llc $198,767 Accommodation
Bartolome Rheena M $148,000 Fidelity
Conlon Belinda $105,000 Fidelity National Title Co
Mercado Edna -- South Coast Title
Mercado Edna $63,000 South Coast Title Company
Pro Value Properties Inc $22,750 --
Moorer Willie Maurice $35,500 First American Title Co
Va -- --
Old Kent Mtg Company $29,829 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimenez Raymond $373,500
Previous Owner Lehar James Kyle $274,500
Previous Owner Georgescu Alexandru $126,003
Previous Owner Georgescu Alexandru $126,003
Previous Owner Bartolome Rheena M $240,000
Previous Owner Bartolome Rheena M $162,000
Previous Owner Bartolome Rheena M $20,000
Previous Owner Bartolome Rheena M $99,950
Previous Owner Bartolome Rheena M $99,000
Previous Owner Bartolome Rheena M $140,000
Previous Owner Bartolome Rheena M $137,750
Previous Owner Conlon Belinda $99,750
Previous Owner Mercado Edna $49,850
Previous Owner Moorer Willie Maurice $35,500
Closed Mercado Edna $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $415,000 +3.8% $502 / Sq Ft
10/20/2021 10/20/21 For Sale $399,900 +31.1% $484 / Sq Ft
03/12/2020 03/12/20 Sold $305,000 -3.4% $369 / Sq Ft
02/26/2020 02/26/20 For Sale $315,800 0.0% $382 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $315,800 +143.1% $382 / Sq Ft
01/23/2013 01/23/13 Sold $129,900 -7.1% $157 / Sq Ft
11/27/2012 11/27/12 Pending -- -- --
11/15/2012 11/15/12 For Sale $139,900 0.0% $169 / Sq Ft
11/14/2012 11/14/12 Pending -- -- --
10/29/2012 10/29/12 Price Changed $139,900 -10.8% $169 / Sq Ft
09/26/2012 09/26/12 For Sale $156,900 -- $190 / 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 $5,594 $440,400 $283,766 $156,634
2024 $5,594 $431,765 $278,202 $153,563
2023 $5,500 $423,300 $272,748 $150,552
2022 $5,160 $415,000 $267,400 $147,600
2021 $3,882 $308,159 $167,416 $140,743
2020 $1,883 $146,256 $29,271 $116,985
2019 $1,859 $143,390 $28,698 $114,692
2018 $1,810 $140,580 $28,136 $112,444
2016 $1,662 $135,124 $27,045 $108,079
2015 $1,597 $133,095 $26,639 $106,456
2014 $1,590 $130,489 $26,118 $104,371
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21231556

California Regional Multiple Listing Service (CRMLS)

APN: 7261-008-046