NOT LISTED FOR SALE

Estimated Value: $544,455 - $629,000

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

Last Sold June 21, 2018

Last sale price $450,000 $486 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,593/month

70 Days on Market

Highlights

  • 16,534 Sq Ft lot
  • 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 June 2018

Absolutely Stunning!! This condo is on the first floor with views of the courtyard. Built in 1928 by a famous architect George Riddle, this historical building has the charm and elegance of days gone by. With its honey oak hardwood floors and mahogany front door, beamed ceilings, and Spanish style nooks throughout, this one is truly a showplace. Both bedrooms are large with plenty of closet space for all your things. The kitchen and dining combo features original tile counters and hardwood floors keeping with the buildings historic charm. You also have the option of in kitchen washer and dryer or feel free to take advantage of the community laundry facilities. There is an abundance of storage throughout this unit as well as an approximate 55 sqft of storage near its assigned secure parking space. HOA dues are low and include hot and cold water. This is a very unique and special blend of old world history and new age convenience and it won't last.

Last Agent to Sell the Property

Melinda Elmer

Century 21 Masters License #01399946 Listed on: 05/09/2018

Century 21 Masters

Last Buyer's Agent

Antonio Garcia

EXCELLENCE RE REAL ESTATE License #01374432

EXCELLENCE RE REAL ESTATE

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1928

Lot Details

  • Two or More Common Walls
  • Sprinkler System

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • Spanish Architecture
  • Turnkey

Interior Spaces

  • 926 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Garden Windows
  • Courtyard Views

Kitchen

  • Eat-In Galley Kitchen
  • Gas Cooktop
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer

Outdoor Features

  • Open Patio
  • Rain Gutters

Utilities

  • Gravity Heating System

Listing and Financial Details

  • Tax Lot 3,4
  • Tax Tract Number 5765
  • Assessor Parcel Number 7275013128

Community Details

Overview

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

Amenities

  • Picnic Area
  • Laundry Facilities

Pet Policy

  • Pets Allowed with Restrictions
  • Pet Size Limit

Property Details

Home Type

Condominium

Year Built

Built in 1928

Lot Details

0

HOA Fees

$225 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Inclusions: Stove
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Zoning: LBR2N
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7275013128
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 926.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Tile Counters, Unfurnished
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, In Kitchen
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 485.96
  • Room Type: All Bedrooms Down, Galley Kitchen
  • Window Features: Garden Window(s)
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: Courtyard
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Gravity
  • Laundry Features: Community, In Kitchen, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Water, Dues Paid Monthly, Pet Rules, Pets Permitted, Weight Limit
  • Association Fee: 225.00
  • Association Fee Frequency: Monthly
  • Association Name: Paragon Equities
  • Phone: 5624944455
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System, Walkstreet
  • Lot Size Sq Ft: 16534.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 20
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5765.03
  • Tax Lot: 3,4
  • Tax Tract Number: 5765

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2018
Closed on
May 30, 2018
Sold by
Demacon Kaletis
Bought by
Gale Laura
Seller's Agent
Melinda Elmer
Century 21 Masters
Buyer's Agent
Antonio Garcia
EXCELLENCE RE REAL ESTATE
List Price
$435,000
Sold Price
$450,000
Premium/Discount to List
$15,000
3.45%
Current Estimated Value
$601,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,364
Avg. Annual Appreciation
3.93%
Original Mortgage
$364,000
Outstanding Balance
$314,799
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$286,565

Purchase Details

Listed on
May 20, 2017
Closed on
May 28, 2017
Sold by
Finn Dallas
Bought by
Demacon Kaletis and Kodl Rebeccaa A
Seller's Agent
Alvin Mullins
Your Home Team Real Estate
Buyer's Agent
Melinda Elmer
Century 21 Masters
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.50%
Original Mortgage
$359,900
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1997
Sold by
Schnabel Stacie
Bought by
Schnabel Stacie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
7.57%
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

Date Buyer Sale Price Title Company
Gale Laura $455,000 Orange Coast Title Company
Demacon Kaletis $400,000 Fidelity National Title
Schnabel Stacie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gale Laura $364,000
Previous Owner Demacon Kaletis $359,900
Previous Owner Schnabel Stacie $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2018 06/21/18 Sold $450,000 +3.4% $486 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $435,000 0.0% $470 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $435,000 +8.8% $470 / Sq Ft
07/17/2017 07/17/17 Sold $400,000 0.0% $432 / Sq Ft View Prior Sale
05/25/2017 05/25/17 Pending -- -- --
05/20/2017 05/20/17 For Sale $399,900 -- $432 / 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 $2,621 $185,000 $58,000 $127,000
2024 $2,621 $191,000 $60,000 $131,000
2023 $2,933 $216,000 $60,000 $156,000
2022 $6,039 $487,850 $107,219 $380,631
2021 $5,921 $478,285 $105,117 $373,168
2019 $5,836 $464,100 $102,000 $362,100
2018 $4,949 $400,000 $100,000 $300,000
2016 $1,613 $123,458 $72,329 $51,129
2015 $1,552 $121,604 $71,243 $50,361
2014 $1,547 $119,223 $69,848 $49,375
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18109012

California Regional Multiple Listing Service (CRMLS)

APN: 7275-013-128