NOT LISTED FOR SALE

Galaxy Towers 2999 E Ocean Blvd Unit 1130 Long Beach, CA 90803

Bluff Park Neighborhood

Estimated Value: $983,353 - $1,071,000

2 Beds
2 Baths
1,510 Sq Ft
$683/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $739,000 $489 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,835/month

24 Days on Market

Highlights

  • Ocean View
  • 31,015 Sq Ft lot
  • Attached Garage
  • Woodrow Wilson High School Rated A
  • Modern Architecture
  • 3-minute walk to Junipero Beach/Long Beach City Beach

About This Home

As of October 2016

Incredible unit in iconic Belmont Heights mid-century high-rise, The Galaxy. Savor explosive 270 degree views of beach, ocean, city, mountain, sunset & sunrise views thru walls of glass in every room. Experience unmatched privacy in this condo setting with NO shared walls and only 4 separated units on each floor. Stained concrete floors, Venetian Plaster ceilings & select walls make this open & flexible floorplan a modern masterpiece. Radiant heat thru all ceilings provides amazing comfort. Bosch Dishwasher, double oven, gorgeous mosaic backsplash & Caesar stone countertops add modern touches to the sleek, beautiful kitchen. Dining area w/ wet bar flow into a dramatic open living room w/ balcony. Stunning, innovative built-ins make the bathrooms & vanity area one-of-a-kind. This is one of only a few units with an extra secured/covered parking space w/ add'l storage. Closets throughout & add'l storage outside unit. Units this high are not available often. Do not miss this opportunity!

Last Agent to Sell the Property

Jonathan Watters

Foundation Real Estate License #01456564 Listed on: 08/09/2016

Last Buyer's Agent

Warren Blesofsky

License #01936045

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967 | Remodeled

Lot Details

  • 0.71 Acre Lot
  • Property is zoned LBR2L

HOA Fees

  • $585 Monthly HOA Fees

Parking

  • Attached Garage

Property Views

  • Ocean
  • Coastline
  • City Lights
  • Mountain

Home Design

  • Modern Architecture
  • Entry on the 11th floor

Interior Spaces

  • 1,510 Sq Ft Home
  • Built-In Features
  • Dining Area
  • Concrete Flooring
  • Fire Sprinkler System

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Radiant Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 7264-017-058

Community Details

Overview

  • Association fees include building and grounds
  • High-Rise Condominium
  • Maintained Community
  • 20-Story Property

Amenities

  • Laundry Facilities

Security

  • Resident Manager or Management On Site
  • Card or Code Access

Home Details

Home Type

Single Family

Year Built

Built in 1967 | Remodeled

Lot Details

0

HOA Fees

$585 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Street Number Display: Yes
  • Complex Name: GALAXY TOWER
  • Entry Floor: 11
  • Living Area: 1510
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 20
  • Year Built: 1967
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Stained Concrete
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal
  • Price Per S Q F T: 502.65

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Coastline, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage, Garage Is Attached

Utilities

  • Water Heater: Electric
  • Heating: Radiant
  • Security: Card/Code Access, Fire and Smoke Detection System, Resident Manager

Association/Amenities

  • Amenities: Assoc Maintains Landscape
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds
  • HOA Fees: 585.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 7264-017-058
  • Geocode Override: No
  • Lot Size Area: 31015

Multi Family

  • Number Of Units: 80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2016
Closed on
Sep 13, 2016
Sold by
King Stephen Markus
Bought by
Blesofsky Marshall and Sklar Susan
Seller's Agent
Jonathan Watters
Foundation Real Estate
Buyer's Agent
Warren Blesofsky
List Price
$759,000
Sold Price
$739,000
Premium/Discount to List
-$20,000
-2.64%
Current Estimated Value
$1,031,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,838
Avg. Annual Appreciation
3.66%
Original Mortgage
$554,250
Outstanding Balance
$443,140
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$588,698

Purchase Details

Closed on
Jun 10, 2005
Sold by
King Floyd H and King Frieda I
Bought by
King Stephen Markus and The King Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2003
Sold by
King Floyd H and King Frieda I
Bought by
King Stephen Markus and The King Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Blesofsky Marshall $739,000 Chicago Title Company
King Stephen Markus -- --
King Floyd H -- Southland Title Company
King Stephen Markus -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blesofsky Marshall $554,250
Previous Owner King Floyd H $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2016 10/14/16 Sold $739,000 -2.6% $489 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
08/09/2016 08/09/16 For Sale $759,000 -- $503 / Sq Ft
Source: The MLS

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 $10,706 $857,666 $335,406 $522,260
2024 $10,706 $840,850 $328,830 $512,020
2023 $10,528 $824,364 $322,383 $501,981
2022 $9,873 $808,201 $316,062 $492,139
2021 $9,682 $792,355 $309,865 $482,490
2019 $9,543 $768,855 $300,675 $468,180
2018 $9,334 $753,780 $294,780 $459,000
2016 $4,307 $354,569 $140,174 $214,395
2015 $4,134 $349,244 $138,069 $211,175
2014 $4,105 $342,404 $135,365 $207,039
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jonathan Watters

    Foundation Real Estate

  • W

    Buyer's Agent in 2016

    Warren Blesofsky

See All Agents

About Galaxy Towers

Map

Source: The MLS

MLS Number: 16-151100

The MLS

APN: 7264-017-058

California Los Angeles County Long Beach 90803 Bluff Park

2999 E Ocean Blvd Unit 1130, Long Beach, CA

Not Listed for Sale

Detached

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