NOT LISTED FOR SALE

Estimated Value: $547,040 - $722,000

2 Beds
1 Bath
926 Sq Ft
$225/mo HOA Fee

Last Sold April 12, 2016

Last sale price $375,000 $405 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,765/month

15 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Courtyard Views
  • Long Beach Polytechnic High School Rated A
  • Spanish Architecture
  • 5-minute walk to Miracle On Fourth Street Park

About This Home

As of April 2016

Now that you’ve seen the ordinary, come an see this 1928 Classic Spanish Villa Style Condo located in The El Cordova. This unit is loaded with style and class and brings back that feel of Grand Architecture. As you enter the beautiful courtyard, you will sense the feeling of pride of ownership that everyone who owns here feels. The unit has arched ceilings and beautiful original mock fireplace, mahogany look flooring, designer paint, bathroom remodeled to period, kitchen remodel with white cabinets and gray counters and this unit has its own washer and dryer. Great location in Trendy Alamitos Beach, walk to the ocean, bike path, trendy dining and shopping or easy access to Pine Ave or Belmont Shore. Your own underground parking space and two storage lockers, and super low HOA of $225. Pet friendly. Property has the Mills Act, which means there is approx 50% reduction in property taxes.

Last Agent to Sell the Property

Michael Barber

Coldwell Banker Realty License #01332558 Listed on: 02/18/2016

Coldwell Banker Realty

Last Buyer's Agent

Holly DuKatz

Berkshire Hathaway H.S.C.P. License #01854988

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1928

Lot Details

  • 0.38

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • Spanish Architecture

Interior Spaces

  • 926 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Courtyard Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Full Bathroom

Additional Features

  • Exterior Lighting
  • Two or More Common Walls

Community Details

  • 20 Units
  • Paragon Equities Association, Phone Number (562) 494-4455

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 7275013127

Property Details

Home Type

Condominium

Year Built

Built in 1928

Lot Details

0

HOA Fees

$225 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: El Cordova
  • View: Yes
  • Architectural Style: Spanish
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7275013127
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 926.00
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 404.97
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Courtyard
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Laundry: Yes
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 225.00
  • Association Fee Frequency: Monthly
  • Association Name: Paragon Equities
  • Phone: 562-494-4455
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Walkstreet

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 20
  • Number Of Units Total: 20

Tax Info

  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2016
Closed on
Mar 7, 2016
Sold by
Huppert Deborah A
Bought by
Carabez Gladys
Seller's Agent
Michael Barber
Coldwell Banker Realty
Buyer's Agent
Holly DuKatz
Berkshire Hathaway H.S.C.P.
List Price
$385,000
Sold Price
$375,000
Premium/Discount to List
-$10,000
-2.6%
Current Estimated Value
$629,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,760
Avg. Annual Appreciation
5.48%
Original Mortgage
$337,500
Outstanding Balance
$266,863
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$362,897

Purchase Details

Closed on
May 31, 2007
Sold by
Bostic Randall S
Bought by
Huppert Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,500
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2006
Sold by
Bostic Randall S
Bought by
Bostic Randall S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.35%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Carabez Gladys $375,000 First American Title Company
Huppert Deborah A $410,000 North American Title Co
Bostic Randall S -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carabez Gladys $337,500
Previous Owner Huppert Deborah A $253,500
Previous Owner Bostic Randall S $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2016 04/12/16 Sold $375,000 -2.6% $405 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $385,000 0.0% $416 / Sq Ft
02/26/2016 02/26/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $385,000 -- $416 / 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 $2,895 $200,000 $144,000 $56,000
2024 $2,895 $209,000 $150,000 $59,000
2023 $3,317 $243,000 $170,000 $73,000
2022 $2,706 $204,000 $134,000 $70,000
2021 $2,694 $170,000 $100,000 $70,000
2019 $2,317 $155,000 $100,000 $55,000
2018 $2,083 $152,400 $80,000 $72,400
2016 $1,645 $130,000 $60,000 $70,000
2015 $1,604 $130,000 $60,000 $70,000
2014 $1,614 $103,600 $40,000 $63,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16033629

California Regional Multiple Listing Service (CRMLS)

APN: 7275-013-127