NOT LISTED FOR SALE

Estimated Value: $822,626

1 Bed
2 Baths
1,630 Sq Ft
$505/Sq Ft Est. Value

Last Sold November 02, 2013

Last sale price $2,250 $1 Per Sq Ft

Est. 36,461% increase in value since last sale

Current estimated payment $5,052/month

About This Home

As of November 2013

Blu is a new coastal city living experience in Long Beach from the creators of the Viceroy Santa Monica & award-winning Barker Block in downtown LA's Arts District. This hip 2008 built community is located in the heart of downtown Long Beach's urban village, just blocks from the shoreline & steps from great places to eat, drink, shop & explore. The contemporary residences are influenced by the coastal vibe and modern living style. Live/work unit with easy access by clients/business associates. This unit offers commercial space fronting 4th Street with metered parking directly in front of the entrance door. The commercial space might be used as office for your own business, like a CPA, Insurance agency...etc. with huge space and handicap-accessible restroom. The upstairs residence is lovely and features high-end finishes, a beautiful kitchen with stainless steel appliances, in-unit laundry, and a comfortable bedroom with a large walk-in closet. The tranquil bathroom has a tub and separate shower. The two parts of the property can be accessed separately. The commercial space can be added a room with portable shower in the bathroom in 1st floor. One of units in the building was divided room and office space. The residential unit is located steps away from the well-equipped gym, putting green,relaxing outdoor space and barbecue area. Two assigned parking spaces come with the unit. Commercial space should be used as business only. And whole unit should be occupied by same person.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2021
Sold by
Kim Young Sung and Kim Youmi Lee
Bought by
Kim Young Sung and Kim Youmi Lee
Current Estimated Value
$822,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Outstanding Balance
$421,548
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$401,078

Purchase Details

Closed on
Nov 3, 2011
Sold by
Kim Young Sung and Lee You Mi
Bought by
Kim Young Sung and Lee You Mi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,442
Interest Rate
4.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 14, 2011
Sold by
Gateway & 4Th Llc
Bought by
Kim Young S and Lee You Mi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,442
Interest Rate
4.05%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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ICE

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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
Kim Young Sung -- Pacific Coast Title
Kim Young Sung -- None Available
Kim Young S $314,500 First American Title Nhs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Young Sung $465,000
Closed Kim Young Sung $375,000
Closed Kim Young S $298,442
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2018 11/13/18 Rented $2,600 -3.7% --
10/22/2018 10/22/18 For Rent $2,700 0.0% --
10/05/2018 10/05/18 Off Market $2,700 -- --
07/11/2018 07/11/18 Price Changed $2,700 -3.6% $2 / Sq Ft
07/10/2018 07/10/18 For Rent $2,800 0.0% --
07/09/2018 07/09/18 Off Market $2,800 -- --
06/13/2018 06/13/18 For Rent $2,800 0.0% --
05/16/2018 05/16/18 Off Market $2,800 -- --
04/19/2018 04/19/18 For Rent $2,800 +24.4% --
12/01/2013 12/01/13 Rented $2,250 0.0% --
11/02/2013 11/02/13 Sold $2,250 0.0% $1 / Sq Ft
10/25/2013 10/25/13 Under Contract -- -- --
10/25/2013 10/25/13 Off Market $2,250 -- --
09/23/2013 09/23/13 Price Changed $424,999 -5.5% $261 / Sq Ft
08/29/2013 08/29/13 For Sale $449,900 0.0% $276 / Sq Ft
06/19/2013 06/19/13 For Rent $2,350 -- --

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 $5,419 $386,843 $123,137 $263,706
2023 $5,320 $379,259 $120,723 $258,536
2022 $5,000 $371,823 $118,356 $253,467
2021 $5,088 $364,534 $116,036 $248,498
2020 $5,063 $360,797 $114,847 $245,950
2019 $4,996 $353,724 $112,596 $241,128
2018 $4,874 $346,789 $110,389 $236,400
2016 $4,542 $333,324 $106,103 $227,221
2015 $4,368 $328,318 $104,510 $223,808
2014 $4,326 $321,887 $102,463 $219,424
Source: Public Records

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