NOT LISTED FOR SALE

Estimated Value: $466,000 - $578,000

1 Bed
1 Bath
700 Sq Ft
$127/mo HOA Fee

Last Sold November 06, 2019

Last sale price $385,000 $550 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,314/month

7 Days on Market

Highlights

  • City Lights View
  • 0.34 Acre Lot
  • Main Floor Bedroom
  • Woodrow Wilson High School Rated A
  • Midcentury Modern Architecture
  • 3-minute walk to Bluff Park

About This Home

As of November 2019

This mid-century modern inspired Long Beach condo is located just two blocks in from the beach, with walkability to the ocean, the beautiful grounds at Bixby Park and nearby restaurants and cafe. Situated within a quiet residential neighborhood, this spacious 1 bedroom / 1 bathroom unit offers plenty of street parking, as well as an assigned garaged carport with storage, within a secured access complex. This home has custom hardwood floors throughout, fresh paint, baseboards and crown moulding, plantation shutters and is completely remodeled. The kitchen has been upgraded and expanded to provide ample cabinet and counter space, a stainless steel appliance suite and offers a quaint eating area within the open floorpan. The large master bedroom has a walk in closet with additional sliding closet doors in the hallway for extra storage. If that wasn't enough, there is an oversized linen closet that leads to the remodeled bathroom equipped with a large vanity / sink area and shower suite. This Continental Terrace condo is the definition of coastal living and being apart of the historic Bluff Park!

Last Agent to Sell the Property

Dale Austin

Compass License #01947031 Listed on: 10/10/2019

Compass

Co-Listed By

Sarah Perry

Compass License #02053745

Last Buyer's Agent

Prescilla Romero

Vista Sotheby's Int'l Realty License #02027162

Vista Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,260

Year Built

  • Built in 1968

Lot Details

  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

HOA Fees

  • $127 Monthly HOA Fees

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 700 Sq Ft Home
  • Crown Molding
  • Recessed Lighting
  • Entryway
  • Living Room
  • Laminate Flooring
  • City Lights Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven
  • Electric Cooktop
  • Freezer
  • Dishwasher
  • Formica Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Formica Counters In Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Carport

Parking

  • 1 Car Garage
  • 1 Detached Carport Space
  • Parking Available
  • Garage Door Opener
  • Parking Lot

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 28132
  • Assessor Parcel Number 7264026070

Community Details

Overview

  • 24 Units
  • Continental Terrace HOA, Phone Number (562) 438-9891

Amenities

  • Picnic Area
  • Laundry Facilities

Recreation

  • Park
  • Bike Trail

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,260

Year Built

Built in 1968

Lot Details

0

HOA Fees

$127 per month

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Security: Card/Code Access
  • Subdivision Name Other: Bluff Park (BLF)
  • View: Yes
  • Zoning: LBR2L
  • Architectural Style: Mid Century Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7264026070
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 700.00 Square Feet
  • Interior Amenities: Crown Molding, Formica Counters, Recessed Lighting
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Breakfast Nook, In Kitchen
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 550.00
  • Room Type: Entry, Kitchen, Living Room, Main Floor Bedroom
  • Bathroom Features: Shower, Shower In Tub, Exhaust Fan(s), Formica Counters

Exterior Features

  • View: City Lights
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Detached Carport, Garage Door Opener, Parking Space
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop, Freezer, Disposal, Gas Oven, Refrigerator
  • Heating Type: Central
  • Laundry Features: Community, In Carport
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area
  • Association Fee: 380.00
  • Association Fee Frequency: Quarterly
  • Association Name: Continental Terrace HOA
  • Phone: 562-438-9891
  • Senior Community: No
  • Community Features: Biking, Curbs, Park, Storm Drains, Street Lights
  • Association Management: Continental Terrace HOA

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 14964.00
  • Lot Size Acres: 0.3435

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14964.0000 Square Feet
  • Number Of Units In Community: 24
  • Number Of Units Total: 24

Tax Info

  • Tax Census Tract: 5767.00
  • Tax Lot: 1
  • Tax Tract Number: 28132

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2019
Closed on
Oct 24, 2019
Sold by
Hornik Loriana
Bought by
Chen Amy E
Seller's Agent
Dale Austin
Compass
Buyer's Agent
Prescilla Romero
Vista Sotheby's Int'l Realty
List Price
$378,000
Sold Price
$385,000
Premium/Discount to List
$7,000
1.85%
Current Estimated Value
$501,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,967
Avg. Annual Appreciation
4.71%
Original Mortgage
$288,750
Outstanding Balance
$254,575
Interest Rate
3.6%
Estimated Equity
$247,392

Purchase Details

Listed on
Sep 28, 2013
Closed on
Nov 13, 2013
Sold by
Lankford Teresa L
Bought by
Hornik Loriana
Seller's Agent
Ursula Rhee
RE/MAX College Park Realty
Buyer's Agent
Renee Stasiak
Berkshire Hathaway HomeServices California Properties
List Price
$275,000
Sold Price
$255,000
Premium/Discount to List
-$20,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$200,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2010
Sold by
Smith Milton P
Bought by
Lankford Teresa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2007
Sold by
Smith Patricia
Bought by
Smith Milton P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.15%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 21, 2007
Sold by
Griffin Diane Rakow
Bought by
Smith Milton P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.15%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 30, 2003
Sold by
Rakow Diane J and The Diane J Rakow Trust
Bought by
Griffin Diane Rakow

Purchase Details

Closed on
Apr 5, 2003
Sold by
Rakow Diane J and The Diane J Rakow Trust
Bought by
Griffin Diane Rakow

Purchase Details

Closed on
Nov 4, 1993
Sold by
Glendale Federal Bank Fsb
Bought by
Rakow Diane Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,075
Interest Rate
7.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 13, 1993
Sold by
Verdugo Service Corp
Bought by
Glendale Federal Bank Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,075
Interest Rate
7.09%
Mortgage Type
Seller Take Back
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
Chen Amy E $385,000 North American Title Company
Hornik Loriana $255,000 Lawyers Title
Lankford Teresa L $200,000 Fidelity National Title Co
Smith Milton P -- North American Title Co
Smith Milton P $320,000 North American Title Co
Griffin Diane Rakow -- --
Griffin Diane Rakow -- --
Rakow Diane Jean $88,500 Guardian Title
Glendale Federal Bank Fsb $114,200 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Amy E $288,750
Previous Owner Hornik Loriana $185,017
Previous Owner Hornik Loriana $200,000
Previous Owner Lankford Teresa L $134,000
Previous Owner Smith Milton P $64,000
Previous Owner Smith Milton P $256,000
Previous Owner Griffin Diane Rakow $100,120
Previous Owner Rakow Diane J $117,876
Previous Owner Rakow Diane J $50,124
Previous Owner Rakow Diane J $117,876
Previous Owner Rakow Diane J $50,000
Previous Owner Vogel Robert F $116,000
Previous Owner Rakow Diane J $50,000
Previous Owner Rakow Diane Jean $84,075
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2019 11/06/19 Sold $385,000 +1.9% $550 / Sq Ft
10/17/2019 10/17/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $378,000 +48.2% $540 / Sq Ft
12/12/2013 12/12/13 Sold $255,000 0.0% $364 / Sq Ft
11/06/2013 11/06/13 Price Changed $255,000 -1.5% $364 / Sq Ft
10/29/2013 10/29/13 Price Changed $259,000 -3.7% $370 / Sq Ft
10/21/2013 10/21/13 Price Changed $269,000 -2.2% $384 / Sq Ft
09/28/2013 09/28/13 For Sale $275,000 -- $393 / 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 $5,260 $421,049 $295,392 $125,657
2024 $5,260 $412,794 $289,600 $123,194
2023 $5,169 $404,701 $283,922 $120,779
2022 $4,848 $396,766 $278,355 $118,411
2021 $4,750 $388,988 $272,898 $116,090
2019 $3,588 $280,220 $164,177 $116,043
2018 $3,505 $274,726 $160,958 $113,768
2016 $3,227 $264,059 $154,708 $109,351
2015 $3,097 $260,094 $152,385 $107,709
2014 $3,078 $255,000 $149,400 $105,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19235303

California Regional Multiple Listing Service (CRMLS)

APN: 7264-026-070