NOT LISTED FOR SALE

Estimated Value: $586,895 - $807,000

1 Bed
1 Bath
1,034 Sq Ft
$201/mo HOA Fee

Last Sold July 24, 2020

Last sale price $510,000 $493 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,615/month

123 Days on Market

Highlights

  • Ocean View
  • 0.34 Acre Lot
  • Subterranean Parking
  • Long Beach Polytechnic High School Rated A
  • Corian Countertops
  • Cooling System Mounted To A Wall/Window

About This Home

As of July 2020

Breathtaking Ocean views! You are greeted by the warm laminate flooring as you enter unit 3B at Ocean View Imperial, a McKenzie built building. Entertaining is a snap in this spacious kitchen with tons of storage, double oven and Corian counter tops. The So Cal sun bathes the living room and dining room with natural light thanks to the open floor plan, this also allows for Ocean views from just about everywhere as you sit back and enjoy the shimmering pacific. A massive bedroom with more closet space than you could possible need also benefits from tons of natural light, picture yourself watching the sunlight dance off the ocean as you open your eyes every morning. Enjoy your City lights views and portrait like sunsets with pink, orange and red hues as you kick up your feet on your private balcony. A short walk to the sand or bike path gives you easy access to Belmont Shore, The Pike Outlets, Shoreline Village and Trendy Downtown Long Beach. Your new home comes with over 1000 sq. feet of living space, a deeded garage parking space, low HOA dues (just over $200) and a lobby that’s being remodeled with new tile, paint, lighting and furniture. Don’t let someone else enjoy your beach house, stop by today!

Last Agent to Sell the Property

Marvin Phillip

Y Realty License #01464525 Listed on: 02/14/2020

Last Buyer's Agent

Lauren J. Coombs, CCIM

Keller Williams Pacific Estate License #01460830

Keller Williams Pacific Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,966

Year Built

  • Built in 1970

Lot Details

  • 0.34

HOA Fees

  • $201 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available
  • Controlled Entrance
  • Community Parking Structure

Interior Spaces

  • 1,034 Sq Ft Home
  • Living Room
  • Ocean Views
  • Corian Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 22957
  • Assessor Parcel Number 7265014056

Community Details

Overview

  • 24 Units
  • Ocean View Imperial Association, Phone Number (562) 494-4455
  • Paragon HOA
  • Maintained Community
  • 5-Story Property

Recreation

  • Water Sports
  • Bike Trail

Pet Policy

  • Pets Allowed

Additional Features

  • Laundry Facilities
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,966

Year Built

Built in 1970

Lot Details

0

HOA Fees

$201 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Zoning: LBR4R
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265014056
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1034.00 Square Feet
  • Stories: 5
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 493.23
  • Room Type: Kitchen, Living Room
  • Room Kitchen Features: Corian Counters

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Community Structure, Controlled Entrance, Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Trash, Pets Permitted, Controlled Access
  • Association Fee: 201.00
  • Association Fee Frequency: Monthly
  • Association Name: Ocean View Imperial
  • Phone: 562-494-4455
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Watersports, Sidewalks, Street Lights, Urban
  • Association Management: Paragon

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 15018.00
  • Lot Size Acres: 0.3448

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15018.0000 Square Feet
  • Number Of Units In Community: 24
  • Number Of Units Total: 24

Tax Info

  • Tax Census Tract: 5766.02
  • Tax Lot: 1
  • Tax Tract Number: 22957

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2020
Closed on
Jun 18, 2020
Sold by
Searson Stephen G and Searson Joyce D
Bought by
Morgan Megan
Seller's Agent
Marvin Phillip
Y Realty
Buyer's Agent
Lauren J. Coombs, CCIM
Keller Williams Pacific Estate
List Price
$570,000
Sold Price
$510,000
Premium/Discount to List
-$60,000
-10.53%
Current Estimated Value
$722,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,974
Avg. Annual Appreciation
5.65%
Original Mortgage
$420,500
Outstanding Balance
$374,384
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$303,464

Purchase Details

Closed on
Aug 25, 2006
Sold by
Searson Stephen G and Searson Joyce D
Bought by
Searson Stephen G and Searson Joyce D
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
Morgan Megan $510,000 Old Republic Title Company
Searson Stephen G -- None Available
Searson Stephen G -- None Available
Searson Stephen Grant -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Megan $420,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $510,000 +2.2% $493 / Sq Ft
06/09/2020 06/09/20 Price Changed $499,000 -6.7% $483 / Sq Ft
05/14/2020 05/14/20 Price Changed $535,000 -5.3% $517 / Sq Ft
04/29/2020 04/29/20 Price Changed $565,000 +2.7% $546 / Sq Ft
02/25/2020 02/25/20 Price Changed $549,999 -3.5% $532 / Sq Ft
02/14/2020 02/14/20 For Sale $570,000 -- $551 / 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 $6,966 $552,038 $372,355 $179,683
2024 $6,966 $541,214 $365,054 $176,160
2023 $6,850 $530,603 $357,897 $172,706
2022 $6,425 $520,200 $350,880 $169,320
2021 $6,299 $510,000 $344,000 $166,000
2020 $1,240 $84,683 $28,219 $56,464
2019 $1,226 $83,023 $27,666 $55,357
2018 $1,191 $81,396 $27,124 $54,272
2016 $1,093 $78,237 $26,072 $52,165
2015 $1,054 $77,063 $25,681 $51,382
2014 $1,053 $75,554 $25,178 $50,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20033344

California Regional Multiple Listing Service (CRMLS)

APN: 7265-014-056