NOT LISTED FOR SALE

Estimated Value: $350,000 - $397,000

1 Bed
1 Bath
566 Sq Ft
$120/mo HOA Fee

Last Sold April 18, 2013

Last sale price $115,000 $203 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $2,371/month

97 Days on Market

Highlights

  • Ocean Side of Freeway
  • 0.3 Acre Lot
  • L-Shaped Dining Room
  • Woodrow Wilson High School Rated A
  • Main Floor Bedroom
  • Fireplace

About This Home

As of April 2013

Cute, updated one-bedroom, ground floor condo in a 14-unit, two-story community. 1 parking space located behind building in secured lot. Condo is all-electric. Pets ok, with restrictions. Common laundry. Currently tenant-occupied, and they'd like to stay (current rent: $975/mo). Short sale; $155K is bank-approved price. Because of the low owner-occupancy ratios, this building must be cash only.

Last Agent to Sell the Property

Anne Marie Reggie

Y Realty License #01416507 Listed on: 10/18/2012

Last Buyer's Agent

Sara Cramer

Realty One Group West License #01889507

Realty One Group West

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,933

Year Built

  • Built in 1971

Lot Details

  • Two or More Common Walls
  • East Facing Home

HOA Fees

  • $120 Monthly HOA Fees

Home Design

  • Common Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 566 Sq Ft Home
  • Fireplace
  • L-Shaped Dining Room

Kitchen

  • Electric Cooktop
  • Range Hood
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Home Security

  • Security Lights
  • Intercom

Parking

  • 1 Parking Space
  • Carport

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Ocean Side of Freeway
  • Patio

Utilities

  • Radiant Heating System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 36862
  • Assessor Parcel Number 7263021043

Community Details

Overview

  • 14 Units
  • Association Phone (562) 494-4455
  • Maintained Community

Amenities

  • Laundry Facilities

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,933

Year Built

Built in 1971

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Assessments: No
  • Inclusions: Fridge, microwave, stove
  • Other Phone Description: Preferred
  • Other Phone Number: 562-972-2079
  • Property Attached: Yes
  • Security: Security Lights
  • Subdivision Name Other: unk
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7263021043
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 566.00
  • Interior Amenities: Formica Counters, Intercom
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Carpet, Tile, Vinyl
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Dining Ell
  • Levels: One
  • Price Per Square Foot: 203.18
  • Room Type: Main Floor Bedroom

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Fence: No
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Number Remotes: 2
  • Parking: No
  • Parking Features: Carport
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Electric Cooking, Free Standing, Disposal, Range Hood, Refrigerator
  • Heating Type: Radiant
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Pet Rules, Trash, Water
  • Association Fee: 120.00
  • Association Fee Frequency: Monthly
  • Phone: 562-494-4455
  • Senior Community: No

Schools

  • School District: Long Beach Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 13023.00
  • Lot Size Acres: 0.2990

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13023.0000 Square Feet
  • Number Of Units In Community: 14
  • Number Of Units Total: 14
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 36862

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2014
Sold by
1417 East 3Rd Street Llc
Bought by
Nguyen Karen Chhuor and The Grace Rose Family Trust
Current Estimated Value
$379,980

Purchase Details

Listed on
Oct 18, 2012
Closed on
Mar 27, 2013
Sold by
Cordova Michael F
Bought by
1417 East 3Rd Street Llc
Seller's Agent
Anne Marie Reggie
Y Realty
Buyer's Agent
Sara Cramer
Realty One Group West
List Price
$155,000
Sold Price
$115,000
Premium/Discount to List
-$40,000
-25.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%

Purchase Details

Closed on
Dec 18, 2006
Sold by
Mendoza Anthony
Bought by
Cordova Michael F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2001
Sold by
C J Olney Enterprises Inc
Bought by
Mendoza Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
6.84%

Purchase Details

Closed on
Mar 29, 2001
Sold by
Olney Carol Jean
Bought by
C J Olney Enterprises Inc and Rockinghorse Enterprises Inc

Purchase Details

Closed on
Feb 13, 2001
Sold by
Olney Carol J
Bought by
Olney Carol Jean and Nolls Steven C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.89%

Purchase Details

Closed on
Jan 25, 2001
Sold by
Rahman Khaleda
Bought by
Olney Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.89%

Purchase Details

Closed on
May 26, 1998
Sold by
World Svgs Bank
Bought by
Kabir Humayon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,700
Interest Rate
7.13%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 26, 1997
Sold by
Flores Steven
Bought by
World Svgs Bank

Purchase Details

Closed on
May 21, 1997
Sold by
Flores Steven
Bought by
New Brighter Financial 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
Nguyen Karen Chhuor $115,000 First American Title
1417 East 3Rd Street Llc $115,000 First American Title Company
Cordova Michael F $249,500 Old Republic Title Company
Mendoza Anthony $84,000 Fidelity National Title
C J Olney Enterprises Inc -- Fidelity Title
Olney Carol Jean -- Fidelity Title
Olney Carol J $50,000 Fidelity National Title
Kabir Humayon $43,000 --
World Svgs Bank $38,000 Stewart Title
New Brighter Financial Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cordova Michael F $237,000
Previous Owner Mendoza Anthony $78,200
Previous Owner Mendoza Anthony $75,600
Previous Owner Olney Carol J $35,000
Previous Owner Kabir Humayon $38,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2013 04/18/13 Sold $115,000 -14.8% $203 / Sq Ft
02/26/2013 02/26/13 Price Changed $135,000 -12.9% $239 / Sq Ft
01/23/2013 01/23/13 Pending -- -- --
12/11/2012 12/11/12 For Sale $155,000 0.0% $274 / Sq Ft
12/11/2012 12/11/12 Price Changed $155,000 +72.4% $274 / Sq Ft
10/18/2012 10/18/12 Pending -- -- --
10/18/2012 10/18/12 For Sale $89,900 -- $159 / 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 $2,933 $222,332 $102,151 $120,181
2024 $2,933 $217,974 $100,149 $117,825
2023 $2,882 $213,701 $98,186 $115,515
2022 $2,707 $209,511 $96,261 $113,250
2021 $2,651 $205,404 $94,374 $111,030
2019 $2,613 $199,314 $91,576 $107,738
2018 $2,544 $195,407 $89,781 $105,626
2016 $2,343 $187,821 $86,296 $101,525
2015 $2,251 $185,000 $85,000 $100,000
2014 $1,491 $115,521 $45,204 $70,317
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P838521

California Regional Multiple Listing Service (CRMLS)

APN: 7263-021-043