NOT LISTED FOR SALE

Estimated Value: $941,717 - $1,243,000

2 Beds
2 Baths
1,510 Sq Ft
$509/mo HOA Fee

Last Sold September 06, 2013

Last sale price $650,000 $430 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $6,884/month

147 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Wood Flooring
  • Woodrow Wilson High School Rated A
  • 0.71 Acre Lot
  • 3-minute walk to Junipero Beach/Long Beach City Beach

About This Home

As of September 2013

The Galaxy Tower is an iconic 1960's mid century modern building located on Ocean Boulevard directly across the street from the Pacific Ocean. Built by LB Heritage's 2012 architects, Hugh and Donald Gibbs, this magnificent tower is one of a kind. This unit has a southwestern exposure with 270 degree jetliner VIEWS OF THE OCEAN, coast, Palos Verdes Penisula, Catalina and surrounding Los Angeles basin and mountains. It has over 1500 sq ft, walls of glass in every room, and views that will take your breath away. No other high rise compares to these ocean views on the Southern Calfifornia coast. There are only four units per floor and no common walls which makes for unparalleled privacy. This unit has parquet flooring, mod 60's style galley kitchen and OCEAN views from the living room, dining area, master bedroom, and kitchen. It has an abundance of closets that run the length of the apartment and a massive storage closet directly outside the unit. This residence is the perfect solution for those buyers downsizing from a larger home and don't want to give up on space/storage. Secured parking is included and small pets are OK. Fios ready too!

Last Agent to Sell the Property

Robert Haaga

Pacific Sotheby's International Realty License #00993744 Listed on: 04/10/2013

Pacific Sotheby's International Realty

Last Buyer's Agent

Robert Haaga

Pacific Sotheby's International Realty License #00993744 Listed on: 04/10/2013

Pacific Sotheby's International Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1967

Lot Details

  • 1 Common Wall
  • Zero Lot Line

HOA Fees

  • $509 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Bluff
  • Mountain

Home Design

  • Modern Architecture
  • Entry on the 10th floor
  • Common Roof
  • Steel Beams
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,510 Sq Ft Home
  • Tinted Windows
  • Sliding Doors
  • Entrance Foyer
  • Living Room

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite

Additional Features

  • No Interior Steps
  • Balcony
  • Radiant Heating System

Listing and Financial Details

  • Tax Tract Number 23880
  • Assessor Parcel Number 7264017056

Community Details

Overview

  • 80 Units
  • 20-Story Property

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

Built in 1967

Lot Details

0

HOA Fees

$509 per month

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Resident Manager
  • Subdivision Name Other: The Galaxy Towers (TGT)
  • View: Yes
  • Architectural Style: Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7264017056
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1510.00
  • Interior Amenities: Balcony
  • Stories: 20
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Nook
  • Entry Level: 10
  • Levels: One
  • Price Per Square Foot: 430.46
  • Room Type: Foyer, Galley Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite
  • Window Features: Tinted Windows

Exterior Features

  • View: Bluff, Catalina, City Lights, Coastline, Mountain(s), Ocean, Panoramic
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No
  • Construction Materials: Concrete, Glass, Steel

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Disposal
  • Heating Type: Radiant
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area
  • Association Fee: 509.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Zero Lot Line
  • Lot Size Sq Ft: 31015.00
  • Lot Size Acres: 0.7120

Multi Family

  • Lease Considered: No
  • Lot Size Area: 31015.0000 Square Feet
  • Number Of Units In Community: 80
  • Number Of Units Total: 80

Tax Info

  • Tax Tract Number: 23880

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2013
Closed on
Jul 25, 2013
Sold by
Tee William C
Bought by
Gumusaneli Nazim and Gumusaneli Nezahat
Seller's Agent
Robert Haaga
Pacific Sotheby's International Realty
Buyer's Agent
Robert Haaga
Pacific Sotheby's International Realty
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Current Estimated Value
$1,061,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,679
Avg. Annual Appreciation
4.06%

Purchase Details

Closed on
Jan 19, 2012
Sold by
Nee William C and Nee Roy
Bought by
Nee William C and Nee Investment Trust I

Purchase Details

Closed on
Dec 31, 2007
Sold by
Nee William C and Nee Roy
Bought by
Nee William C

Purchase Details

Closed on
Nov 18, 2007
Sold by
Nee Margaret Y and The Nee Qprt I
Bought by
Nee William C

Purchase Details

Closed on
Dec 6, 2004
Sold by
Nee Margaret Y
Bought by
Nee Margaret Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 18, 1998
Sold by
Nee Margaret Y
Bought by
Nee Margaret Y and The Nee Qprt I
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
Gumusaneli Nazim $650,000 Fidelity National Title Co
Nee William C -- None Available
Nee William C -- None Available
Nee William C -- None Available
Nee Margaret Y -- --
Nee Margaret Y -- --
Nee Margaret Y -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nee Margaret Y $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2013 09/06/13 Sold $650,000 -7.0% $430 / Sq Ft
09/04/2013 09/04/13 Pending -- -- --
04/10/2013 04/10/13 For Sale $699,000 -- $463 / 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 $9,879 $796,801 $429,047 $367,754
2024 $9,879 $781,179 $420,635 $360,544
2023 $9,713 $765,863 $412,388 $353,475
2022 $9,107 $750,847 $404,302 $346,545
2021 $8,928 $736,125 $396,375 $339,750
2019 $8,798 $714,293 $384,619 $329,674
2018 $8,604 $700,288 $377,078 $323,210
2016 $7,909 $673,097 $362,437 $310,660
2015 $7,584 $662,987 $356,993 $305,994
2014 $7,523 $650,000 $350,000 $300,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13063657

California Regional Multiple Listing Service (CRMLS)

APN: 7264-017-056