NOT LISTED FOR SALE

Estimated Value: $944,000 - $1,058,000

2 Beds
2 Baths
1,510 Sq Ft
$650/mo HOA Fee

Last Sold July 16, 2020

Last sale price $675,000 $447 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $6,882/month

29 Days on Market

Highlights

  • Ocean View
  • Across the Road from Lake or Ocean
  • 0.71 Acre Lot
  • Woodrow Wilson High School Rated A
  • Updated Kitchen
  • 4-minute walk to Junipero Beach/Long Beach City Beach

About This Home

As of July 2020

The Galaxy Tower is an iconic 1960's mid century building located in the Bluff Park neighborhood of Long Beach directly across the street from the Pacific Ocean. There are only 4 units per floor and no common walls which makes for unparalleled privacy. This condo was extensively remodeled in 2016 and has a newer kitchen, quartz counters, stainless appliances, recessed and under counter lighting, 24 X 24 tile flooring, wine cooler and wet bar, and plantation shutters throughout. Natural light pours in throughout the day w/the unit's SW exposure. Both baths have newer tile and quartz counters. The master bath features double sinks and the guest bath has a new glass shower surround w/ stainless fixtures. Space abounds w/ over 1500 sq ft and partial OCEAN VIEWS from the living, dining, and kitchen. Greenery surrounds the remainder of the home offering a peaceful and tranquil setting. There is no shortage of storage. Custom closets, some w/ built-ins, line the length of each bedroom. Additionally, there is a generously sized storage closet directly outside the unit. This 2nd floor location makes the elevator optional. No waiting! Sneak down the stairs directly outside your unit and in minutes you are on the bluff or beach providing quick access to the extensive walking and bike paths. This property is TURNKEY and ready for move in. ** Don't miss virtual tour link at the top of this page under map** or copy/paste this link here http://ranchophotos.com/mls/2999-e-ocean-blvd/

Last Agent to Sell the Property

Robert Haaga

Pacific Sotheby's Int'l Realty License #00993744 Listed on: 05/21/2020

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Robert Haaga

Pacific Sotheby's Int'l Realty License #00993744 Listed on: 05/21/2020

Pacific Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,074

Year Built

  • Built in 1967 | Remodeled

Lot Details

  • No Common Walls
  • Landscaped

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking
  • Controlled Entrance
  • Community Parking Structure

Property Views

  • Ocean
  • Peek-A-Boo
  • Neighborhood

Home Design

  • Midcentury Modern Architecture
  • Common Roof
  • Steel Beams
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,510 Sq Ft Home
  • Wet Bar
  • Custom Window Coverings
  • Living Room
  • Tile Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Range Hood
  • <<microwave>>
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Dressing Area

Utilities

  • Radiant Heating System
  • Sewer Paid
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Across the Road from Lake or Ocean

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 23880
  • Assessor Parcel Number 7264017022

Community Details

Overview

  • Master Insurance
  • 80 Units
  • The Galaxy Homeowner's Association, Phone Number (562) 439-0111
  • Pmp HOA
  • Maintained Community
  • 20-Story Property

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area

Pet Policy

  • Pet Restriction

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,074

Year Built

Built in 1967 | Remodeled

Lot Details

0

HOA Fees

$650 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: all existing appliances
  • Other Phone Description: Preferred
  • Other Phone Number: 562-439-0111
  • Property Attached: No
  • Subdivision Name Other: The Galaxy Towers (TGT)
  • View: Yes
  • Architectural Style: Mid Century Modern
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7264017022
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1510.00 Square Feet
  • Interior Amenities: Wet Bar
  • Stories: 20
  • Entry Location: Elevator
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 447.02
  • Room Type: Dressing Area, Living Room, Main Floor Bedroom
  • Window Features: Custom Covering
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • View: Neighborhood, Ocean, Peek-A-Boo, Water
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No
  • Construction Materials: Concrete, Glass, Steel

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Range Hood
  • Heating Type: Radiant
  • Sewer: Sewer Paid

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area, Picnic Area, Insurance, Maintenance Grounds, Trash, Pet Rules, Controlled Access
  • Association Fee: 650.00
  • Association Fee Frequency: Monthly
  • Association Name: The Galaxy Homeowner's Association
  • Phone: 562-439-0111
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights
  • Association Management: PMP

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Landscaped
  • 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
  • Waterfront Features: Across the Road from Lake/Ocean

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 23880

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Jun 15, 2020
Sold by
Waters Janet H and Waters Jason M
Bought by
Sadhwani Lokesh Dilip
Seller's Agent
Robert Haaga
Pacific Sotheby's Int'l Realty
Buyer's Agent
Robert Haaga
Pacific Sotheby's Int'l Realty
List Price
$685,000
Sold Price
$675,000
Premium/Discount to List
-$10,000
-1.46%
Current Estimated Value
$991,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,615
Avg. Annual Appreciation
7.14%

Purchase Details

Listed on
Aug 20, 2016
Closed on
Jan 27, 2017
Sold by
Miller Kent Robert
Bought by
Waters Janet H and Waters Jason M
Seller's Agent
Kent Miller
Keller Williams Luxury Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$669,000
Sold Price
$600,000
Premium/Discount to List
-$69,000
-10.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.50%
Original Mortgage
$300,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2015
Closed on
Jul 27, 2015
Sold by
Marks Thomas D
Bought by
The Mkm Joint Trust
Seller's Agent
Robert Haaga
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kent Miller
Keller Williams Luxury Homes
List Price
$539,000
Sold Price
$515,000
Premium/Discount to List
-$24,000
-4.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.19%

Purchase Details

Listed on
Jun 6, 2012
Closed on
Oct 22, 2012
Sold by
Marks Thomas D and Marks Elaine
Bought by
Marks Thomas D and Marks Elaine
Seller's Agent
Robert Haaga
Pacific Sotheby's Int'l Realty
Buyer's Agent
Robert Haaga
Pacific Sotheby's Int'l Realty
List Price
$534,900
Sold Price
$495,000
Premium/Discount to List
-$39,900
-7.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.36%

Purchase Details

Listed on
Jun 6, 2012
Closed on
Aug 15, 2012
Sold by
The Sara Wenkle Kaplan Trust
Bought by
Marks Thomas D and Marks Elaine
Seller's Agent
Robert Haaga
Pacific Sotheby's Int'l Realty
Buyer's Agent
Robert Haaga
Pacific Sotheby's Int'l Realty
List Price
$534,900
Sold Price
$495,000
Premium/Discount to List
-$39,900
-7.46%

Purchase Details

Closed on
Oct 21, 2010
Sold by
Sara Wenkle Kaplan Trust
Bought by
Wenkle Noel Smith
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
Sadhwani Lokesh Dilip $675,000 Fidelity National Title Co
Waters Janet H $600,000 Orange Coast Title Co
The Mkm Joint Trust $515,000 Chicago Title Company
Marks Thomas D -- Accommodation
Marks Thomas D $495,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sadhwani Lokesh Dilip $1,000,000
Previous Owner Waters Janet H $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2020 07/16/20 Sold $675,000 -1.5% $447 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $685,000 +14.2% $454 / Sq Ft
02/15/2017 02/15/17 Sold $600,000 +0.2% $397 / Sq Ft
01/17/2017 01/17/17 Pending -- -- --
12/07/2016 12/07/16 Price Changed $599,000 -4.8% $397 / Sq Ft
10/08/2016 10/08/16 Price Changed $629,000 -3.1% $417 / Sq Ft
09/19/2016 09/19/16 Price Changed $649,000 -3.0% $430 / Sq Ft
08/20/2016 08/20/16 For Sale $669,000 +29.9% $443 / Sq Ft
09/08/2015 09/08/15 Sold $515,000 -2.6% $341 / Sq Ft
07/30/2015 07/30/15 Pending -- -- --
06/26/2015 06/26/15 Price Changed $529,000 -1.9% $350 / Sq Ft
05/04/2015 05/04/15 For Sale $539,000 +8.9% $357 / Sq Ft
10/03/2012 10/03/12 Sold $495,000 -1.0% $328 / Sq Ft
07/20/2012 07/20/12 Price Changed $499,900 -6.5% $331 / Sq Ft
06/06/2012 06/06/12 For Sale $534,900 -- $354 / 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
2024 $9,074 $716,313 $496,220 $220,093
2023 $8,922 $702,269 $486,491 $215,778
2022 $8,366 $688,500 $476,952 $211,548
2021 $8,284 $675,000 $467,600 $207,400
2020 $7,802 $636,723 $428,197 $208,526
2019 $7,708 $624,239 $419,801 $204,438
2018 $7,538 $612,000 $411,570 $200,430
2016 $6,162 $515,000 $320,100 $194,900
2015 $5,910 $507,180 $327,362 $179,818
2014 $5,866 $497,246 $320,950 $176,296
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20095304

California Regional Multiple Listing Service (CRMLS)

APN: 7264-017-022