NOT LISTED FOR SALE

1629 Cherry Ave Unit 305 Long Beach, CA 90813

Central Neighborhood

Estimated Value: $385,000 - $448,097

2 Beds
2 Baths
827 Sq Ft
0.39 Acres Lot

Sale Details

Date Sold: February 23, 2022

Last sale price $420,000 $508 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,950 / mo

40 Days on Market

Highlights

  • Gated Parking
  • City View
  • Wood Flooring
  • Long Beach Polytechnic High School Rated A
  • 0.39 Acre Lot
  • High Ceiling

About This Home

As of February 2022

Welcome home to this bright and airy penthouse condo. Lovingly restored and renovated, innovative reimagining has brought this 2 bed/2 bath Long Beach gem to the forefront of city living. Enjoy the vaulted ceilings in your spacious living room, as it welcomes you to the home's comforting and light-filled indoor space. Cooking will be a treat in your kitchen, which features stainless steel appliances, an oversized sink, and dishwasher. The balcony, which extends from the living room to the primary suite, is well-suited for al fresco dining, with sweeping views from downtown Long Beach to the Palos Verdes Peninsula. Other features include a primary ensuite bathroom, in-unit washer and dryer, crown molding throughout the unit, and gated parking (2 separate non-tandem spots). This home, designed for chic penthouse city living, is a welcome sanctuary.

Last Agent to Sell the Property

Matthew Aprea

Compass License #02007791 Listed on: 11/15/2021

Compass

Last Buyer's Agent

David Gonzales

Realty ONE Group Diamond License #01262246

Realty ONE Group Diamond

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • 0.39

HOA Fees

  • $314 Monthly HOA Fees

Property Views

  • City
  • Trees
  • Hills

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 827 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Ceiling Fan
  • Window Screens
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Garage
  • Gated Parking

Utilities

  • Central Heating
  • Sewer in Street

Additional Features

  • Balcony
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 7261-008-049

Community Details

Overview

  • 24 Units
  • Association Phone (562) 494-2649

Amenities

  • Trash Chute
  • Lobby
  • Elevator

Pet Policy

  • Pet Size Limit
  • Call for details about the types of pets allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1988 | Remodeled

Lot Details

0.39 Acres

HOA Fees

$314 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Unknown
  • Street Number Display: Yes
  • Complex Name: Signal Terrace Homeowners Association
  • Entry Floor: 3
  • Entry Location: Elevator
  • Living Area: 827
  • Lot Acreage: 0.3908
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Year Built: 1988
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood, Tile
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar, Family Kitchen, Breakfast Nook
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Washer, Garbage Disposal, Freezer, Refrigerator, Range/Oven, Hood Fan, Elevator
  • Fireplace: No
  • Price Per S Q F T: 470.37
  • Windows: Screens

Exterior Features

  • Balcony: Yes
  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: City, Tree Top, Hills
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Assigned, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Heating: Central
  • Security: Smoke Detector, Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • Sewer: In Street
  • Water: Public

Association/Amenities

  • Amenities: Elevator, Gated Parking
  • Pet Rules: Assoc Pet Rules, Call, Permitted Types, Weight Limit

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • High Rise: Entrance Lobby, Trash Chute, Passenger Elevator
  • HOA Fees: 314.25
  • Phone: 5624942649|
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 7261-008-049
  • Lot Location: City
  • Lot Size Area: 17022

Multi Family

  • Number Of Units: 24

Tax Info

  • Mello Roos: Unknown

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
Jan 3, 2022
Sold by
Bought by
Seller's Agent
Matthew Aprea
Compass
Buyer's Agent
David Gonzales
Realty ONE Group Diamond
List Price
$389,000
Sold Price
$420,000
Premium/Discount to List
$31,000
7.97%
Current Estimated Value
$403,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,226
Avg. Annual Appreciation
-0.92%
Original Mortgage
$429,660
Interest Rate
3.55%
Mortgage Type
VA

Purchase Details

Listed on
Apr 18, 2017
Closed on
Jun 21, 2017
Sold by
Bought by
Seller's Agent
Alexandru Georgescu
T.N.G. Real Estate Consultants
Buyer's Agent
Matthew Aprea
Compass
List Price
$299,800
Sold Price
$288,419
Premium/Discount to List
-$11,381
-3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$273,998
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,200
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2008
Sold by
Bought by

Purchase Details

Closed on
Oct 27, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
5.93%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 14, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
5.93%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 25, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,053
Interest Rate
7%

Purchase Details

Closed on
Feb 19, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
6.9%

Purchase Details

Closed on
May 9, 1997
Sold by
Bought by

Purchase Details

Closed on
Jul 3, 1996
Sold by
Bought by

Purchase Details

Closed on
Jul 2, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$420,000 Chicago Title
$288,500 Ticor Title Company
$121,500 None Available
$209,156 Accommodation
-- Ticor Title Co Glendale
$295,000 Ticor Title Co Glendale
$185,000 North American Title Co
$95,000 Fidelity Title
$40,000 Fidelity National Title
$32,500 First American Title
-- First American Title Ins Co
$42,000 First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $429,660
Previous Owner $273,998
Previous Owner $97,200
Previous Owner $59,000
Previous Owner $236,000
Previous Owner $185,000
Previous Owner $92,053
Previous Owner $28,000
Closed $2,847
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2022 02/23/22 Sold $420,000 0.0% $508 / Sq Ft
12/26/2021 12/26/21 Pending -- -- --
12/24/2021 12/24/21 Off Market $420,000 -- --
12/21/2021 12/21/21 For Sale $389,000 0.0% $470 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
11/15/2021 11/15/21 For Sale $389,000 +34.9% $470 / Sq Ft
07/21/2017 07/21/17 Sold $288,419 -0.5% $349 / Sq Ft View Prior Sale
06/17/2017 06/17/17 Pending -- -- --
06/07/2017 06/07/17 Price Changed $289,800 -3.3% $350 / Sq Ft
04/18/2017 04/18/17 For Sale $299,800 -- $363 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,915 $445,706 $258,934 $186,772
2024 $5,659 $436,967 $253,857 $183,110
2023 $5,563 $428,400 $248,880 $179,520
2022 $3,819 $309,220 $170,050 $139,170
2021 $3,740 $303,158 $166,716 $136,442
2020 $3,729 $300,050 $165,007 $135,043
2019 $3,683 $294,168 $161,772 $132,396
2018 $3,595 $288,400 $158,600 $129,800
2016 $1,709 $132,165 $26,431 $105,734
2015 $1,643 $130,180 $26,034 $104,146
2014 $1,637 $127,631 $25,525 $102,106
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-105015

The MLS

APN: 7261-008-049

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