NOT LISTED FOR SALE

Estimated Value: $1,004,721 - $1,027,000

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

Last Sold September 07, 2020

Last sale price $865,000 $573 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,936/month

12 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Bamboo 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 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. As you walk into the unit, the OCEAN VIEWS are breathtaking from every window in your living area, dining room, kitchen and master bedroom. There are only 4 units per floor and no common walls which makes for unparalleled privacy. The kitchen has been updated with newer appliances and newer bamboo flooring has been installed throughout. There is no shortage of storage. Closets line the length of each bedroom. Additionally, there is a generously sized storage closet directly outside the unit. This 3rd floor location makes the elevator optional. No waiting! Sneak down the stairs and in minutes you are on the bluff or beach providing quick access to the extensive walking and bike paths. Finally, the unit comes with 2 PARKING SPACES, in the garage, a rare find in this building. Put your personal touches on this home and have an amazing ocean view condo in one of the most sought after neighborhoods in Long Beach. ** Don't miss virtual tour link at the top of this page under map** or copy/paste this link here

Last Agent to Sell the Property

Robert Haaga

Pacific Sotheby's International Realty License #00993744 Listed on: 07/30/2020

Pacific Sotheby's International Realty

Last Buyer's Agent

Robert Haaga

Pacific Sotheby's International Realty License #00993744 Listed on: 07/30/2020

Pacific Sotheby's International Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1967 | Remodeled

Lot Details

  • 0.71

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Public Parking
  • Parking Available
  • Controlled Entrance
  • Community Parking Structure

Home Design

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

Interior Spaces

  • 1,510 Sq Ft Home
  • Wet Bar
  • Living Room
  • Bamboo Flooring
  • Ocean Views
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Dressing Area

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Radiant Heating System
  • Sewer Paid

Additional Features

  • No Interior Steps
  • No Common Walls

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 7264017029

Community Details

Overview

  • 80 Units
  • The Galaxy Homeowner's Association, Phone Number (562) 439-0111
  • Pmp HOA
  • The Galaxy Towers Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

Built in 1967 | Remodeled

Lot Details

0

HOA Fees

$650 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: No
  • Security: Resident Manager
  • Subdivision Name Other: The Galaxy Towers (TGT)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7264017029
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1510.00 Square Feet
  • Interior Amenities: Balcony, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Bamboo
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 572.85
  • Room Type: Dressing Area, Living Room, Main Floor Bedroom, Master Suite

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Community Structure, Controlled Entrance, Public
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Heating Type: Radiant
  • Sewer: Sewer Paid

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area
  • 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: Sidewalks, Street Lights
  • Association Management: PMP

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • 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 Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Aug 10, 2020
Sold by
Oliver Christopher Grange and Oliver Angela M
Bought by
Jaber Mohammad Raffat
Seller's Agent
Robert Haaga
Pacific Sotheby's International Realty
Buyer's Agent
Robert Haaga
Pacific Sotheby's International Realty
List Price
$825,000
Sold Price
$865,000
Premium/Discount to List
$40,000
4.85%
Current Estimated Value
$1,016,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,180
Avg. Annual Appreciation
3.06%
Original Mortgage
$692,000
Outstanding Balance
$613,853
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$402,327

Purchase Details

Listed on
Oct 3, 2012
Closed on
Oct 17, 2012
Sold by
Chatfield Richard L and Chatfield Rita R
Bought by
Oliver Christopher Grange and Oliver Angela M
Seller's Agent
Robert Haaga
Pacific Sotheby's International Realty
Buyer's Agent
Albert Ricci
Ricci Realty
List Price
$589,000
Sold Price
$585,000
Premium/Discount to List
-$4,000
-0.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%
Original Mortgage
$417,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2012
Sold by
Chatfield Rita R and Chatfield Alvin
Bought by
Chatfield Richard L and Chatfield Rita R

Purchase Details

Closed on
Dec 13, 1995
Sold by
Anderson Alvin and Anderson Elisabeth M
Bought by
Anderson Alvin and Anderson Elisabeth M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jaber Mohammad Raffat $865,000 Fidelity National Title Co
Oliver Christopher Grange $585,000 Ticor Title Company
Chatfield Richard L -- None Available
Anderson Alvin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaber Mohammad Raffat $692,000
Previous Owner Oliver Christopher Grange $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/07/2020 09/07/20 Sold $865,000 +4.8% $573 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $825,000 0.0% $546 / Sq Ft
12/22/2014 12/22/14 Rented $2,650 -8.6% --
11/22/2014 11/22/14 Under Contract -- -- --
09/19/2014 09/19/14 For Rent $2,900 0.0% --
11/15/2012 11/15/12 Sold $585,000 -0.7% $387 / Sq Ft View Prior Sale
10/03/2012 10/03/12 For Sale $589,000 -- $390 / 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 $11,662 $936,302 $373,438 $562,864
2024 $11,662 $917,944 $366,116 $551,828
2023 $11,468 $899,946 $358,938 $541,008
2022 $10,754 $882,300 $351,900 $530,400
2021 $10,547 $865,000 $345,000 $520,000
2020 $8,149 $658,693 $394,091 $264,602
2019 $8,054 $645,778 $386,364 $259,414
2018 $7,877 $633,117 $378,789 $254,328
2016 $7,243 $608,534 $364,081 $244,453
2015 $6,948 $599,395 $358,613 $240,782
2014 $6,894 $587,655 $351,589 $236,066
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20150741

California Regional Multiple Listing Service (CRMLS)

APN: 7264-017-029