NOT LISTED FOR SALE

Estimated Value: $395,000 - $422,000

1 Bed
1 Bath
566 Sq Ft
$243/mo HOA Fee

Last Sold September 04, 2024

Last sale price $383,000 $677 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,453/month

4 Days on Market

Highlights

  • 0.3 Acre Lot
  • Neighborhood Views
  • Laundry Room
  • Woodrow Wilson High School Rated A
  • Living Room
  • 1 Car Garage

About This Home

As of September 2024

2425 E 5th Street #2 includes 1 car garage! Welcome to your dream home in the highly sought-after Belmont Heights area, just a stone's throw away from Beach Park. Nestled within walking distance to charming cafes, restaurants, parks, and esteemed schools, this pristine condo offers the epitome of coastal living.

Step inside to discover New flooring that flows throughout the living room, kitchen and bedroom, new paint throughout, and new ceiling fan. The inviting open floor plan, perfect for both relaxation and entertaining. One large bedroom has plenty of closet space. With a private 1-car garage, convenience meets luxury seamlessly. Immerse yourself in the tranquil ambiance of ocean breezes drifting through the windows, inviting you to unwind and savor every moment.

Located just minutes away from the vibrant Belmont Shore, indulge in a plethora of shopping, dining, and recreational opportunities at your fingertips. Whether it's exploring quaint boutiques, grabbing a coffee at a local cafe, or enjoying a leisurely stroll along the shoreline, every day is an adventure waiting to unfold.

Don't let this rare opportunity slip away – condos in this area are a hot commodity and seldom become available. With a cooperative tenant making showings a breeze, now is the perfect time for your clients to make their move and secure a valuable investment in a prime location.

Seize the chance to own a slice of paradise near all the amenities and attractions that make Belmont Heights the ultimate coastal destination. Don't delay – schedule a showing today and make this exceptional condo your own before it's too late.

Dont' forget there is a garage off of the alley parking lot!

Last Agent to Sell the Property

Richard Daskam

eXp Realty of California Inc Brokerage Phone: 562-857-1965 License #01091037 Listed on: 08/01/2024

eXp Realty of California Inc

Last Buyer's Agent

Scott Chapman

Coldwell Banker Realty License #01389775

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $814

Year Built

  • Built in 1971

Lot Details

  • 0.3

HOA Fees

  • $243 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • Entry on the 1st floor
  • Common Roof

Interior Spaces

  • 566 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Heating Available
  • Electric Water Heater
  • Shared Septic

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 36862
  • Assessor Parcel Number 7263021041
  • $223 per year additional tax assessments

Community Details

Overview

  • 12 Units
  • Fifth Street Condos Association, Phone Number (562) 494-4455
  • Paragon HOA
  • Maintained Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$814

Year Built

Built in 1971

Lot Details

0

HOA Fees

$243 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Glen Ellyn Manor
  • View: Yes
  • Zoning: LBR3S
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7263021041
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 566.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 676.68
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Common Roof

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Electric Cooktop, Electric Water Heater
  • Heating Type: Electric
  • Laundry Features: Common Area
  • Sewer: Public Sewer, Shared Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Trash, Sewer
  • Association Fee: 242.55
  • Association Fee Frequency: Monthly
  • Association Name: Fifth Street Condos
  • Phone: 562.494.4455
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: Paragon

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 13026.00
  • Lot Size Acres: 0.2990

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13026.0000 Square Feet
  • Number Of Units In Community: 12
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5768.01
  • Tax Lot: 1
  • Tax Tract Number: 36862
  • TaxOtherAnnualAssessmentAmount: 223.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Aug 21, 2024
Sold by
Harry And Joanne Hutton Trust and Hutton Catherine Lewis
Bought by
Peralta Kyle E
Seller's Agent
Richard Daskam
eXp Realty of California Inc
Buyer's Agent
Scott Chapman
Coldwell Banker Realty
List Price
$375,000
Sold Price
$383,000
Premium/Discount to List
$8,000
2.13%
Views
7
Current Estimated Value
$405,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,592
Avg. Annual Appreciation
6.03%
Original Mortgage
$306,400
Outstanding Balance
$303,684
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$103,356

Purchase Details

Closed on
May 14, 1999
Sold by
Hutton Joanne
Bought by
Hutton Joanne

Purchase Details

Closed on
Mar 14, 1997
Sold by
Hutton Harry
Bought by
Hutton Joanne

Purchase Details

Closed on
Jun 4, 1996
Sold by
Honeycutt David and Ba Properties Inc
Bought by
Ba Properties Inc
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
Peralta Kyle E $383,000 None Listed On Document
Hutton Joanne -- --
Hutton Joanne -- Old Republic Title Company
Hutton Joanne $29,500 Old Republic Title Company
Ba Properties Inc $87,292 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peralta Kyle E $306,400
Closed Peralta Kyle E $306,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2024 09/04/24 Sold $383,000 +2.1% $677 / Sq Ft
08/05/2024 08/05/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $375,000 -- $663 / 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 $814 $383,000 $263,200 $119,800
2024 $814 $47,075 $9,406 $37,669
2023 $797 $46,153 $9,222 $36,931
2022 $754 $45,249 $9,042 $36,207
2021 $733 $44,363 $8,865 $35,498
2020 $731 $43,910 $8,775 $35,135
2019 $723 $43,050 $8,603 $34,447
2018 $694 $42,207 $8,435 $33,772
2016 $641 $40,569 $8,108 $32,461
2015 $619 $39,961 $7,987 $31,974
2014 $622 $39,179 $7,831 $31,348
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24158335

California Regional Multiple Listing Service (CRMLS)

APN: 7263-021-041