NOT LISTED FOR SALE

Estimated Value: $544,314 - $620,000

1 Bed
1 Bath
689 Sq Ft
44,388 Sq Ft Lot

Sale Details

Date Sold: August 12, 2016

Last sale price $450,000 $653 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,349 / mo

11 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • 1 Car Attached Garage
  • Long Beach Polytechnic High School Rated A
  • Private Pool
  • Living Room

About This Home

As of August 2016

Do you enjoy long walks on the beach at sunset -or- drifting to sleep listening to REAL ocean waves? Be one of the privileged few, living where people vacation. Step from your elevator onto 10 miles of white beaches. This beautiful condo is remodeled in Italian porcelain tile and wood flooring in bedroom. Community pool, Jacuzzi and recreation room with sauna & shower. Corian kitchen, built-in "mule chest" in living room, large mirrored wardrobe in bedroom and art-deco glass vanity in bathroom. This ocean front unit is one of 195 units in a well-maintained building built in 1975 on prestigious Ocean Boulevard in Long Beach California. The building is managed by a stable and well-funded HOA, the Queen's Surf Owner's Association. It is located on several mass transit routes convenient to LB State University, downtown, the port of Long Beach and Los Angeles, and the LA's Metro system (blue line). You have an easy walk for shopping, grocery stores, Bluff Park, Long Beach Marina, Shoreline Village, the Aquarium of the Pacific, the RMS Queen Mary, and a variety of museums. Walk to cruise line departure areas, Naples Island, Belmont Shore or take the Catalina Express and enjoy a few days visiting Avalon on Catalina Island.

Last Agent to Sell the Property

Martin Bennett

HomeBay Broker CA, Inc License #01480523 Listed on: 06/05/2016

Last Buyer's Agent

Martin Bennett

HomeBay Broker CA, Inc License #01480523 Listed on: 06/05/2016

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1975

Lot Details

  • Beach Front
  • Two or More Common Walls

HOA Fees

  • $436 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 689 Sq Ft Home
  • Living Room
  • Ocean Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Private Pool
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 32381
  • Assessor Parcel Number 7265016096

Community Details

Overview

  • 204 Units

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1975

Lot Details

1.02 Acres

HOA Fees

$436 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265016096
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 689.00
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Price Per Square Foot: 653.12
  • Room Type: Living Room

Exterior Features

  • View: Ocean
  • Pool Features: Association
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 436.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 204
  • Number Of Units Total: 204
  • Waterfront Features: Beach Access, Beach Front

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 32381

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2016
Closed on
Jun 17, 2016
Sold by
Schummer Gary J
Bought by
Khosravi Farshid and Khosravi Sarvar F
Seller's Agent
Martin Bennett
HomeBay Broker CA, Inc
Buyer's Agent
Martin Bennett
HomeBay Broker CA, Inc
List Price
$459,000
Sold Price
$450,000
Premium/Discount to List
-$9,000
-1.96%
Current Estimated Value
$624,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,894
Avg. Annual Appreciation
2.92%
Original Mortgage
$292,500
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2009
Sold by
Martell Brandon
Bought by
Schummer Gary J

Purchase Details

Closed on
Jan 18, 2008
Sold by
Schummer Gary J
Bought by
Schummer Gary J and The Gary J Schummer Living Trust

Purchase Details

Closed on
Nov 27, 2007
Sold by
Schummer Gary J
Bought by
Schummer Gary J

Purchase Details

Closed on
Oct 31, 1996
Sold by
Schummer Gary J
Bought by
Schummer Gary J

Purchase Details

Closed on
Jul 9, 1996
Sold by
Rock Douglas A
Bought by
Schummer Gary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
8.3%
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
Khosravi Farshid $450,000 Orange Coast Title
Schummer Gary J -- None Available
Schummer Gary J -- None Available
Schummer Gary J -- None Available
Schummer Gary J -- --
Schummer Gary J $97,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khosravi Farshid $292,500
Previous Owner Schummer Gary J $77,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2016 08/12/16 Sold $450,000 -2.0% $653 / Sq Ft
06/16/2016 06/16/16 Pending -- -- --
06/05/2016 06/05/16 For Sale $459,000 -- $666 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,567 $522,257 $208,902 $313,355
2024 $6,567 $512,017 $204,806 $307,211
2023 $6,457 $501,979 $200,791 $301,188
2022 $6,055 $492,137 $196,854 $295,283
2021 $5,938 $482,489 $192,995 $289,494
2019 $5,853 $468,180 $187,272 $280,908
2018 $5,727 $459,000 $183,600 $275,400
2016 $1,712 $133,301 $48,282 $85,019
2015 $1,646 $131,299 $47,557 $83,742
2014 $1,639 $128,728 $46,626 $82,102
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16120649

California Regional Multiple Listing Service (CRMLS)

APN: 7265-016-096

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