$515,000
SOLD SEP 8, 2015
2 Beds
2 Baths
1,510 Sq Ft
$568/mo HOA Fee

Recently Sold

$341 Per Sq Ft

4% Below List Price

87 Days on Market

Highlights

  • Ocean View
  • 0.71 Acre Lot
  • Modern Architecture
  • Woodrow Wilson High School Rated A
  • Main Floor Bedroom
  • 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 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. There are only four units per floor and no common walls which makes for unparalleled privacy. This unit has been completely remodeled about 5 years ago with a newer kitchen, granite counters, stainless appliances, recessed lighting, newer flooring, plantation shutters, newer water heater, window tinting and the list goes on. Space abounds with over 1500 square feet of living area. There are partial ocean views from the living room, dining area and kitchen and lots of greenery surrounds the remainder of the home offering a peaceful and tranquil setting. It offers a tremendous number 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 single family home and unwilling to give up on space and storage. Hurry! This property is TURNKEY and ready for move in. **Don't miss the virtual tour link at the top of the this listing page. Click on the movie reel icon directly below the photos**

Last Agent to Sell the Property

Robert Haaga

Pacific Sotheby's Int'l Realty License #00993744 Listed on: 05/04/2015

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Kent Miller

Keller Williams Luxury Homes License #01893114

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,074

Year Built

  • Built in 1967 | Remodeled

Lot Details

  • No Common Walls
  • Landscaped

HOA Fees

  • $568 Monthly HOA Fees

Parking

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

Home Design

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

Interior Spaces

  • 1,510 Sq Ft Home
  • Wet Bar
  • Custom Window Coverings
  • Living Room
  • Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Dressing Area

Outdoor Features

  • Exterior Lighting

Utilities

  • Radiant Heating System
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 80 Units
  • 20-Story Property

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,074

Year Built

Built in 1967 | Remodeled

Lot Details

0

HOA Fees

$568 per month

Parking

1

Listing Details

  • Assessments: No
  • Inclusions: all existing appliances
  • Other Phone Description: Preferred
  • Other Phone Number: 562-439-0111
  • Property Attached: No
  • Security: Resident Manager
  • Subdivision Name Other: The Galaxy Towers (TGT)
  • View: Yes
  • Architectural Style: 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
  • Interior Amenities: Wet Bar
  • Stories: 20
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Levels: One
  • Price Per Square Foot: 341.06
  • Room Type: Dressing Area, Living Room, Main Floor Bedroom
  • Window Features: Custom Covering

Exterior Features

  • View: Ocean, Water
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No
  • Construction Materials: Concrete, Glass, Steel

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance, Public
  • Total Parking Spaces: 1.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area, Picnic Area
  • Association Fee: 568.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Long Beach Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 31015.00
  • Price Per Lot Square Foot: 16.60
  • 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 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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $675,000 Fidelity National Title Co
Grant Deed $600,000 Orange Coast Title Co
Grant Deed $515,000 Chicago Title Company
Interfamily Deed Transfer -- Accommodation
Grant Deed $495,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Previous Owner $300,000 New Conventional
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: PW15094532

California Regional Multiple Listing Service (CRMLS)

APN: 7264-017-022