NOT LISTED FOR SALE

Estimated Value: $925,000 - $1,003,000

2 Beds
2 Baths
1,510 Sq Ft
$507/mo HOA Fee

Last Sold October 28, 2013

Last sale price $490,000 $325 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $6,115/month

72 Days on Market

Highlights

  • Ocean View
  • 0.71 Acre Lot
  • Modern Architecture
  • Woodrow Wilson High School Rated A
  • Main Floor Primary Bedroom
  • 3-minute walk to Junipero Beach/Long Beach City Beach

About This Home

As of October 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 and has beautiful Ocean and Queen Mary views from the living room, dining room and kitchen as well as views of the peaceful, historic, and prestigious Bluff Park neighborhood with its magnificent homes from the bedrooms and baths. It has over 1500 sq ft, walls of glass in every room and its own private balcony accessible from both the living room and master. The unit has a tile entry perfect for displaying art, and boasts the original floor plan providing a blank slate for any buyer to make this home their own. There are only four units per floor and no common walls which makes for unparalleled privacy. 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. ONE OF ONLY TWO UNITS in the building with its own PRIVATE GARAGE. Small pets are OK (call for details). Fios ready too!

Last Agent to Sell the Property

Robert Haaga

Pacific Sotheby's International Realty License #00993744 Listed on: 07/17/2013

Pacific Sotheby's International Realty

Last Buyer's Agent

Steven Nottingham

Keller Williams Pacific Estate License #01720641

Keller Williams Pacific Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1967

Lot Details

  • Property fronts an alley
  • 1 Common Wall

HOA Fees

  • $507 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Property Views

  • Ocean
  • Coastline
  • City Lights

Home Design

  • Modern Architecture
  • Entry on the 4th floor
  • Common Roof

Interior Spaces

  • 1,510 Sq Ft Home
  • Sliding Doors
  • Formal Entry
  • Living Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Balcony
  • Patio
  • Terrace

Additional Features

  • Suburban Location
  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 5767
  • Assessor Parcel Number 7264017030

Community Details

Overview

  • 80 Units
  • 20-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Storage Space

Property Details

Home Type

Condominium

Year Built

Built in 1967

Lot Details

0

HOA Fees

$507 per month

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Subdivision Name Other: The Galaxy Towers (TGT)
  • View: Yes
  • Architectural Style: Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7264017030
  • 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, Tile
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Nook
  • Entry Level: 4
  • Levels: One
  • Price Per Square Foot: 324.50
  • Room Type: Formal Entry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • Patio: Yes
  • View: City Lights, Coastline, Ocean
  • Patio And Porch Features: Terrace
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Radiant
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Picnic Area, Storage
  • Association Fee: 507.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • 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
  • Tax Tract Number: 5767

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2014
Sold by
Gonzalez Louis E
Bought by
Gonzalez Louis E and Louise E Gonzalez Trust
Current Estimated Value
$951,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2014
Sold by
Gonzalez Lous Edward
Bought by
Gonzalez Louis E and The Louuis E Gonzalez Trust

Purchase Details

Listed on
Jul 17, 2013
Closed on
Sep 26, 2013
Sold by
Rios Cecilia
Bought by
Gonzalez Louis Edward
Seller's Agent
Robert Haaga
Pacific Sotheby's International Realty
Buyer's Agent
Steven Nottingham
Keller Williams Pacific Estate
List Price
$450,000
Sold Price
$490,000
Premium/Discount to List
$40,000
8.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$60,000
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2007
Sold by
Rios Cecilia
Bought by
Rios Raul E and Rios Cecilia

Purchase Details

Closed on
May 11, 2001
Sold by
Rios Raul
Bought by
Rios Cecilia

Purchase Details

Closed on
May 3, 2001
Sold by
Sweetman Alta Louise
Bought by
Rios Cecilia

Purchase Details

Closed on
Oct 5, 1998
Sold by
Sweetman Alta L
Bought by
Sweetman Alta Louise and Alta Louise Sweetman 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
Gonzalez Louis E -- First American Title Company
Gonzalez Louis E -- North American Title Company
Gonzalez Louis E -- None Available
Gonzalez Louis Edward $490,000 Fidelity National Title Co
Rios Raul E -- Accommodation
Rios Cecilia -- Commonwealth Land Title Co
Rios Cecilia $296,000 Commonwealth Land Title Co
Sweetman Alta Louise -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gonzalez Louis E $90,000
Closed Gonzalez Louis Edward $60,000
Closed Rios Cecilia $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2013 10/28/13 Sold $490,000 +8.9% $325 / Sq Ft
09/27/2013 09/27/13 Pending -- -- --
07/17/2013 07/17/13 For Sale $450,000 -- $298 / 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 $7,581 $600,661 $384,669 $215,992
2024 $7,581 $588,884 $377,127 $211,757
2023 $7,454 $577,338 $369,733 $207,605
2022 $6,993 $566,019 $362,484 $203,535
2021 $6,853 $554,922 $355,377 $199,545
2019 $6,755 $538,465 $344,838 $193,627
2018 $6,607 $527,908 $338,077 $189,831
2016 $6,074 $507,410 $324,950 $182,460
2015 $5,827 $499,789 $320,069 $179,720
2014 $5,784 $490,000 $313,800 $176,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13142047

California Regional Multiple Listing Service (CRMLS)

APN: 7264-017-030