NOT LISTED FOR SALE

2055 E Broadway Unit 401 Long Beach, CA 90803

Alamitos Beach Neighborhood

Estimated Value: $641,107 - $688,000

2 Beds
2 Baths
1,156 Sq Ft
$311/mo HOA Fee

Last Sold October 24, 2017

Last sale price $510,000 $441 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,371/month

3 Days on Market

Highlights

  • 13,440 Sq Ft lot
  • Park or Greenbelt View
  • Community Pool
  • Woodrow Wilson High School Rated A
  • End Unit
  • 3-minute walk to Bixby Park

About This Home

As of October 2017

Don't miss out on this amazing, updated, condo, just TWO blocks from the beach! This condominium in the Alamitos Heights area is bright and charming. The living room boasts two large sliding doors to let in all of the California sunshine and open them to enjoy the ocean breeze. There are two roomy bedrooms and two bathrooms with stone countertops. The kitchen is updated with stone countertops and modern cabinetry. The flow of this condominium leads your view out to Bixby park overlooking the weekly festivals and Farmers market. You can ride a bike, jog or even walk to downtown Long Beach. You have multiple shops and restaurants right downstairs if you feel like some quick entertainment. You really have to see this condo to believe it.

Last Agent to Sell the Property

Anthony Hairapetian

Homebridge Real Estate License #01874721 Listed on: 09/24/2017

Last Buyer's Agent

Nancy Deprez

Vista Sotheby's Int'l Realty License #01899929

Vista Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1970

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $311 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Interior Spaces

  • 1,156 Sq Ft Home
  • Park or Greenbelt Views
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 23554
  • Assessor Parcel Number 7263007070

Community Details

Overview

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

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1970

Lot Details

0

HOA Fees

$311 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Heights (AH)
  • View: Yes
  • Zoning: LBR2N
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7263007070
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1156.00 Square Feet
  • Common Walls: 1 Common Wall, End Unit
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 441.18

Exterior Features

  • View: Park/Greenbelt
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooktop
  • Heating Type: Radiant
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 1030
  • Amenities: Water
  • Association Fee: 311.00
  • Association Fee Frequency: Monthly
  • Association Name: Paragon Equities
  • Phone: 5624944455
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 13440.00

Multi Family

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

Tax Info

  • Tax Census Tract: 5766.02
  • Tax Lot: 1
  • Tax Tract Number: 23554

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2017
Closed on
Oct 3, 2017
Sold by
Greeley Kevin M
Bought by
Frostad Lawrence K
Seller's Agent
Anthony Hairapetian
Homebridge Real Estate
Buyer's Agent
Nancy Deprez
Vista Sotheby's Int'l Realty
List Price
$489,000
Sold Price
$510,000
Premium/Discount to List
$21,000
4.29%
Current Estimated Value
$660,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,027
Avg. Annual Appreciation
3.20%
Original Mortgage
$408,000
Outstanding Balance
$340,886
Interest Rate
3.83%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$319,141

Purchase Details

Listed on
Sep 22, 2014
Closed on
Oct 1, 2014
Sold by
Ricotta Schmidt Joy
Bought by
Greeley Kevin M
Seller's Agent
Bill Cooper
Kohr Group Realty
Buyer's Agent
Greg Bayer
Coldwell Banker Beachside
List Price
$430,000
Sold Price
$430,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$344,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2013
Sold by
Ricotta Schmidt Joy
Bought by
Ricotta Schmidt Joy and Schmidt Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 1997
Sold by
Schmidt Alfred I
Bought by
Schmidt Joy Ricotta and Schmidt Alfred I
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
Frostad Lawrence K $510,000 Priority Title Company
Greeley Kevin M $430,000 North American Title Company
Ricotta Schmidt Joy -- Accommodation
Ricotta Schmidt Joy -- Title 365
Schmidt Joy Ricotta -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frostad Lawrence K $408,000
Previous Owner Greeley Kevin M $344,000
Previous Owner Ricotta Schmidt Joy $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2017 10/24/17 Sold $510,000 +4.3% $441 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
09/24/2017 09/24/17 For Sale $489,000 +13.7% $423 / Sq Ft
10/30/2014 10/30/14 Sold $430,000 0.0% $372 / Sq Ft View Prior Sale
09/30/2014 09/30/14 Pending -- -- --
09/22/2014 09/22/14 For Sale $430,000 -- $372 / 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 $7,229 $580,287 $366,718 $213,569
2024 $7,229 $568,910 $359,528 $209,382
2023 $7,106 $557,756 $352,479 $205,277
2022 $6,664 $546,820 $345,568 $201,252
2021 $6,532 $536,099 $338,793 $197,306
2019 $6,435 $520,200 $328,746 $191,454
2018 $6,288 $510,000 $322,300 $187,700
2016 $5,160 $436,557 $257,873 $178,684
2015 $4,950 $430,000 $254,000 $176,000
2014 $1,547 $125,609 $48,944 $76,665
Source: Public Records

Agents Affiliated with this Home

  • Anthony Hairapetian

    Seller's Agent in 2017

    Anthony Hairapetian

    Homebridge Real Estate

    (818) 444-8300

    5 Total Sales

    Anthony Hairapetian
    Section Image
  • Nancy Deprez

    Buyer's Agent in 2017

    Nancy Deprez

    Vista Sotheby's Int'l Realty

    (310) 739-8272

    16 in this area

    136 Total Sales

    Nancy Deprez
    Section Image

  • B

    Seller's Agent in 2014

    Bill Cooper

    Kohr Group Realty

    Section Image

  • G

    Buyer's Agent in 2014

    Greg Bayer

    Coldwell Banker Beachside

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17220538

California Regional Multiple Listing Service (CRMLS)

APN: 7263-007-070

California Los Angeles County Long Beach 90803 Alamitos Beach

2055 E Broadway Unit 401, Long Beach, CA

Not Listed for Sale

Condos

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