NOT LISTED FOR SALE

Estimated Value: $817,730 - $976,000

3 Beds
2 Baths
1,310 Sq Ft
14,505 Sq Ft Lot

Sale Details

Date Sold: September 14, 2016

Last sale price $595,000 $454 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $6,002 / mo

141 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Fitness Center
  • Long Beach Polytechnic High School Rated A
  • Property has ocean access
  • 4-minute walk to Bixby Park

About This Home

As of September 2016

Terrific PALACIO DEL MAR (Palace by the Sea) ocean view home!Located on the sand and on the famed Ocean Blvd. strip of Long Beach this charming boutique complex offers a terrific location with available on the beach pool,exercise room and direct access to the ocean,beach and boardwalk. Nearby Belmont Shore, Downtown,The Pike entertainment zone,East Village Arts District,Bluff Park and metro link are all within a short drive or walk.Gorgeous panoramic blue Ocean,park and city views can be enjoyed from this home from its fantastic over-sized deck!This residence offers high ceilings,living room fireplace,marble floors in the dining room,kitchen and hallways,dual pane windows,master bath jacuzzi tub,separate full sized laundry room!It is impossible to not fall in love with this beachfront gem!This 3bed-2bath condo is located in a secure,ocean-front building with direct beach access.You will enjoy breathtaking beach/ocean views from the enormous community patio as well with community kitchen.2 side by side secure parking spaces (with electric car charging capability) and an additional storage room complete this beach front paradises offerings and make this a wonderful sought after residence to enjoy the California beach front lifestyle you deserve!FHA approved

Last Agent to Sell the Property

Jason Patterson

College Park Realty License #01291409 Listed on: 06/08/2016

College Park Realty

Last Buyer's Agent

Josette Mediodia

Colonial Realty Group License #01449801

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989

Lot Details

  • Beach Front
  • No Units Located Below
  • Two or More Common Walls
  • Southeast Facing Home

HOA Fees

  • $448 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available
  • Side by Side Parking
  • Garage Door Opener
  • Driveway
  • Gated Parking
  • Guest Parking
  • Controlled Entrance

Property Views

  • Ocean
  • Coastline
  • Views of a pier
  • Panoramic
  • Bluff
  • Park or Greenbelt

Home Design

  • Spanish Architecture
  • Entry on the 6th floor
  • Cosmetic Repairs Needed
  • Copper Plumbing
  • Plaster

Interior Spaces

  • 1,310 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • High Ceiling
  • Recessed Lighting
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Storage

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

Pool

  • Filtered Pool
  • Heated In Ground Pool

Outdoor Features

  • Property has ocean access
  • Living Room Balcony
  • Covered Patio or Porch
  • Terrace
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Assessor Parcel Number 7265017037

Community Details

Overview

  • Master Insurance
  • Maintained Community
  • 8-Story Property

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions
  • Pet Size Limit

Security

  • Security Service
  • Card or Code Access
  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1989

Lot Details

0.33 Acres

HOA Fees

$448 per month

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: washer,dryer,refrigerator
  • Property Attached: Yes
  • Security: Card/Code Access, Fire Sprinkler System, Gated Community
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Architectural Style: Spanish
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265017037
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1310.00
  • Interior Amenities: Balcony, Copper Plumbing Full, High Ceilings, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Storage, Wet Bar
  • Stories: 8
  • Common Walls: 2+ Common Walls, No One Below
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Entry Level: 6
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 454.20
  • Room Type: Master Suite

Exterior Features

  • Patio: Yes
  • Direction Faces: Southeast
  • Exterior Features: Rain Gutters
  • View: Bluff, Coastline, Ocean, Panoramic, Park/Greenbelt, Pier, Water
  • Patio And Porch Features: Covered, Deck, Patio, Terrace
  • Pool Features: Community, Filtered, Heated, In Ground
  • Pool Private: No
  • Construction Materials: Glass, Plaster

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Controlled Entrance, Driveway, Garage, Garage Door Opener, Gated, Guest, On Site, Side by Side, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules, Clubhouse, Clubhouse Paid, Controlled Access, Dues Paid Monthly, Gym/Ex Room, Insurance, Maintenance Grounds, Pet Rules, Pets Permitted, Pool, Security, Sewer, Storage, Trash, Weight Limit
  • Association Fee: 448.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Bluff

Multi Family

  • Lease Considered: No
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2016
Closed on
Jul 20, 2016
Sold by
Kinsel John Robert
Bought by
Baird Lance Christian and Conn Richard Leroy
Seller's Agent
Jason Patterson
College Park Realty
Buyer's Agent
Josette Mediodia
Colonial Realty Group
List Price
$609,900
Sold Price
$595,000
Premium/Discount to List
-$14,900
-2.44%
Current Estimated Value
$891,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,433
Avg. Annual Appreciation
4.31%
Original Mortgage
$543,345
Interest Rate
3.43%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 18, 2015
Sold by
Kinsel Allen J
Bought by
Kinsel Allen Juliean and Allen Julian Kinsel Living Trust

Purchase Details

Closed on
Feb 20, 2003
Sold by
Robert G Schlegel Inc
Bought by
Kinsel Allen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.5%

Purchase Details

Closed on
Dec 13, 2002
Sold by
Schlegel Robert G and Schlegel Margaret B
Bought by
Robert G Schlegel Inc

Purchase Details

Closed on
Aug 6, 2002
Sold by
Muse Peggy
Bought by
Schlegel Robert G and Schlegel Margaret B

Purchase Details

Closed on
Apr 3, 2001
Sold by
The K P Jacks Trust
Bought by
Muse Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,750
Interest Rate
7.99%

Purchase Details

Closed on
May 27, 1997
Sold by
Belvoir Paul
Bought by
Wilshire Funding Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Baird Lance Christian $595,000 First American Title Co La
Kinsel Allen Juliean -- None Available
Kinsel Allen J $395,000 Landamerica Lawyers Title
Robert G Schlegel Inc -- --
Schlegel Robert G $331,800 --
Muse Peggy -- Fidelity National Title Co
Wilshire Funding Corp $172,500 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baird Lance Christian $543,345
Previous Owner Kinsel Allen J $316,000
Previous Owner Muse Peggy $352,750
Closed Kinsel Allen J $79,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2016 09/14/16 Sold $595,000 -2.4% $454 / Sq Ft
06/08/2016 06/08/16 For Sale $609,900 +2.5% $466 / Sq Ft
06/06/2016 06/06/16 Off Market $595,000 -- --
05/08/2016 05/08/16 Price Changed $609,900 -4.2% $466 / Sq Ft
03/22/2016 03/22/16 Price Changed $636,900 -1.9% $486 / Sq Ft
02/29/2016 02/29/16 For Sale $649,000 -- $495 / 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 $9,033 $695,087 $444,865 $250,222
2024 $8,642 $681,459 $436,143 $245,316
2023 $8,496 $668,098 $427,592 $240,506
2022 $7,968 $654,999 $419,208 $235,791
2021 $7,844 $637,957 $412,474 $225,483
2020 $7,824 $631,416 $408,245 $223,171
2019 $7,732 $619,037 $400,241 $218,796
2018 $7,553 $606,900 $392,394 $214,506
2016 $5,790 $483,259 $333,881 $149,378
2015 $5,555 $476,001 $328,866 $147,135
2014 $5,514 $466,677 $322,424 $144,253
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16041662

California Regional Multiple Listing Service (CRMLS)

APN: 7265-017-037

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