NOT LISTED FOR SALE

Estimated Value: $534,000 - $666,000

2 Beds
2 Baths
1,068 Sq Ft
$275/mo HOA Fee

Last Sold October 14, 2016

Last sale price $349,500 $327 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,855/month

9 Days on Market

Highlights

  • Fitness Center
  • Automatic Gate
  • City Lights View
  • Long Beach Polytechnic High School Rated A
  • Gated Community
  • Property is near a park

About This Home

As of October 2016

Just a few blocks to the beach and to the 4th St restaurants and shops. Enjoy the beach lifestyle at the highly desirable Beverly Lofts Condos in this updated second floor condo. This unit has a lot to offer with 1068 sq ft of open living space; bamboo flooring throughout; updated kitchen with granite counters and new stainless steel appliances; large living room with fireplace; large master bedroom with en suite master bath; second bedroom; guest bath; in unit washer and dryer; scraped ceilings and new designer tone neutral paint. In a rarity for beach living this unit has two designated parking spaces in the underground parking structure plus lots of bonus storage. Centrally located just minutes to downtown Pine Ave, Belmont Shore and Long Beach State, Beverly Lofts is close to shopping and entertainment. This is truly an opportunity to enjoy the beach lifestyle without busting your budget. Easy to see.

Last Agent to Sell the Property

Gene Scott

Vista Pacific Realty License #01318595 Listed on: 07/27/2016

Last Buyer's Agent

Kathy Shasha

Coldwell Banker Realty License #00911654

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,646

Year Built

  • Built in 1982 | Remodeled

Lot Details

  • End Unit
  • 1 Common Wall
  • South Facing Home
  • Landscaped
  • Sprinkler System

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Automatic Gate
  • Parking Lot
  • Assigned Parking
  • Controlled Entrance
  • Community Parking Structure

Interior Spaces

  • 1,068 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Storage
  • City Lights Views

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Bamboo
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Outdoor Grill

Location

  • Property is near a park

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 40703
  • Assessor Parcel Number 7266024060

Community Details

Overview

  • Master Insurance
  • Beverly Lofts HOA

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Trash Chute

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed with Restrictions
  • Pet Size Limit

Security

  • Security Service
  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,646

Year Built

Built in 1982 | Remodeled

Lot Details

0

HOA Fees

$275 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Stove, microwave, dishwasher, washer and dryer
  • Property Attached: Yes
  • Security: Automatic Gate, Gated Community
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7266024060
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1068.00
  • Interior Amenities: Balcony, Ceiling Fan(s), Granite Counters, Storage, Trash Chute
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Bamboo, Stone
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area, Dining Ell
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 327.25
  • Room Type: Living Room, Main Floor Bedroom, Main Floor Master Bedroom
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows

Exterior Features

  • Direction Faces: South
  • Exterior Features: Barbecue Private
  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance, Covered, Gated, Parking Space, Built-In Storage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Water Heater
  • Heating Type: Central, Fireplace(s), Natural Gas
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Inside, Stackable, Washer Hookup, Washer Included
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Controlled Access, Dues Paid Monthly, Gym/Ex Room, Insurance, Management, Pet Rules, Pets Permitted, Picnic Area, Security, Sewer, Trash, Weight Limit
  • Association Fee: 275.00
  • Association Fee Frequency: Monthly
  • Association Name: Beverly Lofts HOA
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Storm Drains

Schools

  • School District: Long Beach Unified

Green Features

  • Efficiency: Windows

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Paved, Park Nearby, Sprinkler System

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 40703

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2016
Closed on
Sep 27, 2016
Sold by
Long Beach Trading Company Inc
Bought by
Caro Ibia E and Caro Carlos H
Seller's Agent
Gene Scott
Vista Pacific Realty
Buyer's Agent
Kathy Shasha
Coldwell Banker Realty
List Price
$349,500
Sold Price
$349,500
Current Estimated Value
$576,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,473
Avg. Annual Appreciation
5.71%
Original Mortgage
$343,169
Outstanding Balance
$272,513
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$304,460

Purchase Details

Closed on
Jun 15, 2016
Sold by
Scott Gene and Scott Ruth
Bought by
Long Beach Trading Company Inc

Purchase Details

Closed on
Feb 12, 2004
Sold by
Beverly Lofts Llc
Bought by
Scott Gene and Scott Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage
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
Caro Ibia E $350,000 Title 365
Long Beach Trading Company Inc -- Accommodation
Scott Gene $245,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caro Ibia E $343,169
Previous Owner Scott Gene $196,000
Closed Scott Gene $24,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2016 10/14/16 Sold $349,500 0.0% $327 / Sq Ft
08/05/2016 08/05/16 Pending -- -- --
07/27/2016 07/27/16 For Sale $349,500 -- $327 / 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 $6,646 $525,297 $355,504 $169,793
2024 $6,646 $514,998 $348,534 $166,464
2023 $6,535 $504,900 $341,700 $163,200
2022 $6,131 $495,000 $335,000 $160,000
2021 $4,610 $374,731 $214,439 $160,292
2019 $4,542 $363,619 $208,080 $155,539
2018 $4,428 $356,490 $204,000 $152,490
2016 $3,196 $260,000 $126,800 $133,200
2015 $3,112 $260,000 $126,800 $133,200
2014 $2,526 $205,000 $100,000 $105,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16164570

California Regional Multiple Listing Service (CRMLS)

APN: 7266-024-060