NOT LISTED FOR SALE

The Versailles 2601 E Ocean Blvd Unit 705 Long Beach, CA 90803

Bluff Park Neighborhood

Estimated Value: $829,000 - $960,000

2 Beds
2 Baths
1,482 Sq Ft
$632/mo HOA Fee

Last Sold August 13, 2019

Last sale price $686,000 $463 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,096/month

161 Days on Market

Highlights

  • Ocean Front
  • Beach Access
  • Across the Road from Lake or Ocean
  • Woodrow Wilson High School Rated A
  • Heated Pool
  • 2-minute walk to Bluff Park

About This Home

As of August 2019

We are proud to present this opportunity to purchase a unique Ocean Boulevard condominium. Located on the 7th floor of the elegant Versailles, this large home affords spectacular views to both the north and south from floor to ceiling walls of glass. View all the way to Catalina from the South balcony and all the way to downtown L.A, from the North balcony. Currently two bedrooms but originally designed to be 3 bedrooms, this floor plan offers many options. The Versailles is a secure resort-like building that offers many amenities located on the Bluff overlooking the bay of Long Beach. Parking and additional storage are located in the subterranean garage. Don't hesitate to view this home with breathtaking views!

Last Agent to Sell the Property

Karin McGinley

Home Smart Realty Group License #01752689 Listed on: 02/20/2019

Home Smart Realty Group

Co-Listed By

Neil Schneider

Home Smart Realty Group License #01911418

Last Buyer's Agent

Karin McGinley

Home Smart Realty Group License #01752689 Listed on: 02/20/2019

Home Smart Realty Group

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1973

Lot Details

  • Ocean Front
  • No Common Walls

HOA Fees

  • $632 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available

Property Views

  • White Water Ocean
  • Marina
  • Coastline
  • Catalina
  • City Lights
  • Pool

Home Design

  • Modern Architecture
  • Pre-Cast Concrete Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,482 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Sliding Doors
  • Entryway
  • Living Room
  • Tile Flooring
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Home Security

  • Security Lights
  • Closed Circuit Camera

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Heated Pool
  • Beach Access
  • Balcony

Location

  • Across the Road from Lake or Ocean
  • Property is near park and public transit
  • Urban Location

Utilities

  • Cooling Available
  • Radiant Heating System
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5500
  • Tax Tract Number 5767
  • Assessor Parcel Number 7264023087

Community Details

Overview

  • 87 Units
  • The Versailles Association, Phone Number (562) 433-2936
  • Built by Cardinelli

Amenities

  • Community Barbecue Grill
  • Sauna

Recreation

  • Community Pool
  • Community Spa

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1973

Lot Details

0

HOA Fees

$632 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Closed Circuit Camera(s), Security Lights, Smoke Detector(s)
  • Subdivision Name Other: Versailles (VRS)
  • View: Yes
  • Zoning: LBR2L
  • Architectural Style: Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7264023087
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1482.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 462.89
  • Room Type: All Bedrooms Down, Entry, Kitchen, Living Room
  • Bathroom Features: Bathtub, Shower, Shower In Tub

Exterior Features

  • Foundation: Concrete Perimeter
  • View: Catalina, City Lights, Coastline, Marina, Pool, White Water
  • Builder Name: Cardinelli
  • Pool Features: Association, Electric Heat
  • Pool Private: No
  • Construction Materials: Concrete

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooktop, Disposal, Microwave, Water Heater
  • Heating Type: Radiant
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Barbecue, Cable TV
  • Association Fee: 632.00
  • Association Fee Frequency: Monthly
  • Association Name: The Versailles
  • Phone: 562-433-2936
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit, Park Nearby, Walkstreet
  • Lot Size Sq Ft: 33042.00
  • Lot Size Acres: 0.7585

Multi Family

  • Lease Considered: No
  • Lot Size Area: 33042.0000 Square Feet
  • Number Of Units In Community: 87
  • Number Of Units Total: 1
  • Waterfront Features: Across the Road from Lake/Ocean, Beach Access, Ocean Front

Tax Info

  • Tax Census Tract: 5767.00
  • Tax Lot: 5500
  • Tax Tract Number: 5767

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2019
Closed on
Jul 10, 2019
Sold by
Hunter Frances B
Bought by
Gomez Richard
Seller's Agent
Karin McGinley
Home Smart Realty Group
Buyer's Agent
Karin McGinley
Home Smart Realty Group
List Price
$704,975
Sold Price
$686,000
Premium/Discount to List
-$18,975
-2.69%
Current Estimated Value
$896,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,848
Avg. Annual Appreciation
4.28%
Original Mortgage
$651,700
Outstanding Balance
$569,885
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$326,963

Purchase Details

Listed on
Feb 20, 2019
Closed on
Jun 27, 2019
Sold by
Hunter Frances B
Bought by
Hunter Doral C and Hunter Frances B
Seller's Agent
Karin McGinley
Home Smart Realty Group
Buyer's Agent
Karin McGinley
Home Smart Realty Group
List Price
$704,975
Sold Price
$686,000
Premium/Discount to List
-$18,975
-2.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$651,700
Outstanding Balance
$569,885
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$326,963

Purchase Details

Closed on
Jul 24, 2009
Sold by
Hunter Doral C
Bought by
Hunter Doral C

Purchase Details

Closed on
Aug 5, 1993
Sold by
Hunter Doral C and Hunter Gerrie J
Bought by
Hunter Doral C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gomez Richard $686,000 Old Republic Title Company
Hunter Doral C -- None Available
Hunter Doral C -- None Available
Hunter Doral C -- None Available
Hunter Doral C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Richard $651,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2019 08/13/19 Sold $686,000 -2.7% $463 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
07/24/2019 07/24/19 Price Changed $704,975 0.0% $476 / Sq Ft
07/24/2019 07/24/19 For Sale $704,975 0.0% $476 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
05/17/2019 05/17/19 Price Changed $705,000 -6.0% $476 / Sq Ft
04/12/2019 04/12/19 Price Changed $749,900 0.0% $506 / Sq Ft
04/12/2019 04/12/19 For Sale $749,900 +9.3% $506 / Sq Ft
04/01/2019 04/01/19 Off Market $686,000 -- --
02/20/2019 02/20/19 For Sale $795,000 0.0% $536 / Sq Ft
04/09/2012 04/09/12 Rented $2,200 0.0% --
04/08/2012 04/08/12 Under Contract -- -- --
04/01/2012 04/01/12 For Rent $2,200 -- --
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 $9,287 $750,237 $601,503 $148,734
2024 $9,287 $735,527 $589,709 $145,818
2023 $9,130 $721,106 $578,147 $142,959
2022 $8,560 $706,967 $566,811 $140,156
2021 $8,393 $693,106 $555,698 $137,408
2020 $8,448 $686,000 $550,000 $136,000
Source: Public Records

Agents Affiliated with this Home

  • Karin McGinley

    Seller's Agent in 2019

    Karin McGinley

    Home Smart Realty Group

    (714) 504-9192

    3 in this area

    17 Total Sales

    Karin McGinley
    Section Image
  • Neil Schneider

    Seller Co-Listing Agent in 2019

    Neil Schneider

    Home Smart Realty Group

    (562) 346-8902

    3 in this area

    22 Total Sales

    Neil Schneider
    Section Image

  • K

    Buyer's Agent in 2012

    Kathleen Spurlock

    Coldwell Banker Realty

    (562) 810-7037

    6 in this area

    27 Total Sales

    Kathleen Spurlock
    Section Image
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About The Versailles

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19038709

California Regional Multiple Listing Service (CRMLS)

APN: 7264-023-161

California Los Angeles County Long Beach 90803 Bluff Park

2601 E Ocean Blvd Unit 705, Long Beach, CA

Not Listed for Sale

Condos

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