NOT LISTED FOR SALE

Estimated Value: $563,000 - $679,000

2 Beds
1.5 Baths
1,284 Sq Ft
$215/mo HOA Fee

Last Sold June 30, 2012

Last sale price $300,000 $234 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $4,002/month

4 Days on Market

Highlights

  • 0.38 Acre Lot
  • Wood Flooring
  • Dining Room
  • Long Beach Polytechnic High School Rated A
  • Spanish Architecture
  • 5-minute walk to Miracle On Fourth Street Park

About This Home

As of June 2012

STEP BACK INTO TIME: RARELY ON THE MARKET, HISTORIC ROSE TOWERS CONDO. Designed by George Riddle in 1928, and winner of many historic and architectural awards, this Spanish Colonial Revival courtyard building oozes with vintage charm and romance. This spacious front 2 bedroom 1 1/2 bath unit features 3 balconies, hardwood floors, 9 foot coved ceilings with fleur de leis treatment, mock fireplace, arches, niches, original French doors and windows and designer paint. Other features include: formal living and dining rooms, sunny kitchen with ample cupboards and adjacent built-in bar area leading to back balcony and laundry area conveniently located off kitchen. The beautiful bath has a separate tub and shower and built-in cupboard space. The large master has its own balcony, bath and 2 closet areas. Contract with Mills Tax Act reduces property tax. 1 parking space and pet friendly building. Fabulous Alamitos Beach location, 3 blocks to beach and short walk to shops and restaurants.

Last Agent to Sell the Property

Loree Scarborough

Compass License #01257913 Listed on: 03/11/2012

Compass

Last Buyer's Agent

Loree Scarborough

Compass License #01257913 Listed on: 03/11/2012

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,025

Year Built

  • Built in 1928

Lot Details

  • 0.38

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • Spanish Architecture
  • Shingle Roof
  • Asphalt Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,284 Sq Ft Home
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Gravity Heating System
  • Sewer Paid

Community Details

  • Association Phone (562) 225-0511

Listing and Financial Details

  • Legal Lot and Block 0.38 / 129
  • Tax Tract Number 1
  • Assessor Parcel Number 7275013131

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,025

Year Built

Built in 1928

Lot Details

0

HOA Fees

$215 per month

Parking

1

Listing Details

  • Other Phone Description: Preferred
  • Other Phone Number: 562-225-0511
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach
  • View: No
  • Architectural Style: Spanish
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7275013131
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Living Area: 1284.00
  • Interior Amenities: Copper Plumbing Full
  • Flooring: Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Levels: One
  • Price Per Square Foot: 233.64

Exterior Features

  • Pool Private: No
  • Roof: Asphalt, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Covered
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Gravity
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 215.00
  • Association Fee Frequency: Monthly
  • Phone: 562-225-0511
  • Senior Community: No

Schools

  • School District: Long Beach Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 16534.00
  • Lot Size Acres: 0.3800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16534.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 129
  • Tax Lot: 0.38
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2012
Closed on
Jun 21, 2012
Sold by
Wong Patricia E
Bought by
Shapiro Rod
Seller's Agent
Loree Scarborough
Compass
Buyer's Agent
Loree Scarborough
Compass
List Price
$310,000
Sold Price
$300,000
Premium/Discount to List
-$10,000
-3.23%
Current Estimated Value
$630,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,491
Avg. Annual Appreciation
6.60%

Purchase Details

Listed on
Mar 11, 2012
Closed on
Jun 18, 2012
Sold by
Kao James Richard
Bought by
Shapiro Rod
Seller's Agent
Loree Scarborough
Compass
Buyer's Agent
Loree Scarborough
Compass
List Price
$310,000
Sold Price
$300,000
Premium/Discount to List
-$10,000
-3.23%

Purchase Details

Closed on
Aug 18, 2005
Sold by
Goldsmith Sharon S
Bought by
Kao James Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 17, 2002
Sold by
Goldsmith Sharon S
Bought by
Goldsmith Sharon S and Sharon S Goldsmith Trust Agreement

Purchase Details

Closed on
Jan 23, 1998
Sold by
Kajer Gordana
Bought by
Goldsmith Sharon S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,050
Interest Rate
6.9%

Purchase Details

Closed on
Aug 12, 1994
Sold by
Kajer Gordana
Bought by
Kajer Gordana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
8.12%
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
Shapiro Rod -- Fidelity National Title Co
Shapiro Rod $300,000 Fidelity National Title Co
Kao James Richard $525,000 North American Title Co
Goldsmith Sharon S -- --
Goldsmith Sharon S $159,000 Gateway Title Company
Goldsmith Sharon S -- Gateway Title Company
Kajer Gordana -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kao James Richard $403,200
Previous Owner Kao James Richard $30,000
Previous Owner Kao James Richard $415,000
Previous Owner Goldsmith Sharon S $150,000
Previous Owner Goldsmith Sharon S $135,800
Previous Owner Goldsmith Sharon S $141,000
Previous Owner Goldsmith Sharon S $151,050
Previous Owner Kajer Gordana $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2012 06/30/12 Sold $300,000 -3.2% $234 / Sq Ft
03/11/2012 03/11/12 For Sale $310,000 -- $241 / 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 $4,025 $244,000 $104,920 $139,080
2024 $4,025 $298,000 $198,000 $100,000
2023 $4,427 $330,000 $230,000 $100,000
2022 $3,789 $293,000 $200,000 $93,000
2021 $3,776 $208,000 $120,000 $88,000
2019 $2,338 $163,800 $80,000 $83,800
2018 $2,239 $163,600 $80,000 $83,600
2016 $1,843 $138,800 $60,000 $78,800
2015 $1,797 $138,800 $60,000 $78,800
2014 $1,865 $118,300 $40,000 $78,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P815027

California Regional Multiple Listing Service (CRMLS)

APN: 7275-013-131