NOT LISTED FOR SALE

Estimated Value: $666,000 - $782,000

2 Beds
2 Baths
1,233 Sq Ft
$234/mo HOA Fee

Last Sold June 30, 2020

Last sale price $520,000 $422 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,822/month

13 Days on Market

Highlights

  • No Units Above
  • Gated Community
  • Mountain View
  • Woodrow Wilson High School Rated A
  • 0.59 Acre Lot
  • Wood Flooring

About This Home

As of June 2020

Motivated seller!
Welcome to your mid-century modern Long Beach condo just two blocks from the beach. Built by the famed mid century architect Paul McKenzie, this large top floor corner unit condo has only one common wall and no-one above. Enjoy your morning coffee on your large balcony facing Broadway Ave. Situated within a quiet residential neighborhood, this spacious 2 bedroom /2 bathroom unit offers ample street parking, as well as one parking space with its own EV charging station in the secure building garage. A convenient elevator takes you to the third floor. The unit has a tastefully decorated open floor plan and features double pane windows, fresh paint, ceiling fans and plantation shutters. Enjoy cooking in your very large kitchen complete with a separate eating area and your own convenient washer and dryer. The large bedrooms have spacious closets with plenty of extra storage in the hallways. Both bathrooms have been remodeled. This building is restricted to owner occupants is well maintained, quiet and has very low HOA dues. Live here and enjoy the Ocean, yoga on the bluff, farmer’s market, bike lanes, coffee houses, restaurants and shopping! Priced to sell. Will not last!

Last Agent to Sell the Property

Nicoleta Simionescu

Allways Financial Services License #01130221 Listed on: 05/22/2020

Last Buyer's Agent

Mohsen Shahbani

Coldwell Banker Realty License #01068932

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,106

Year Built

  • Built in 1963

Lot Details

  • No Units Above
  • 1 Common Wall

HOA Fees

  • $234 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Community Parking Structure

Property Views

  • Mountain
  • Neighborhood

Interior Spaces

  • 1,233 Sq Ft Home
  • Double Pane Windows
  • Living Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub
  • Walk-in Shower

Home Security

Utilities

  • Cooling System Mounted To A Wall/Window
  • 220 Volts in Garage

Additional Features

  • Balcony
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13565
  • Assessor Parcel Number 7264006084

Community Details

Overview

  • Master Insurance
  • 26 Units
  • Paloma Imperial Association, Phone Number (562) 494-2649
  • Condo Services HOA
  • Maintained Community

Amenities

  • Community Storage Space

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,106

Year Built

Built in 1963

Lot Details

0

HOA Fees

$234 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Gated Community
  • Subdivision Name Other: Belmont Heights (BH)
  • View: Yes
  • Zoning: LBR3S
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7264006084
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1233.00 Square Feet
  • Interior Amenities: Balcony
  • Common Walls: 1 Common Wall, No One Above
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area, In Kitchen
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 421.74
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s)

Exterior Features

  • View: Mountain(s), Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: On Site, Structure
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Electric: 220 Volts in Garage
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Storage, Insurance, Maintenance Grounds, Trash, Water, Pets Not Permitted, Management, Controlled Access
  • Association Fee: 702.00
  • Association Fee Frequency: Quarterly
  • Association Name: Paloma Imperial
  • Phone: 562-494-2649
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: Condo services

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 25793.00
  • Lot Size Acres: 0.5921

Multi Family

  • Lease Considered: No
  • Lot Size Area: 25793.0000 Square Feet
  • Number Of Units In Community: 26
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5772.00
  • Tax Lot: 1
  • Tax Tract Number: 13565

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Jun 1, 2020
Sold by
Malatesta Brent
Bought by
Malatesta Marsalee
Seller's Agent
Nicoleta Simionescu
Allways Financial Services
Buyer's Agent
Mohsen Shahbani
Coldwell Banker Realty
List Price
$539,000
Sold Price
$520,000
Premium/Discount to List
-$19,000
-3.53%
Current Estimated Value
$729,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,967
Avg. Annual Appreciation
6.69%
Original Mortgage
$416,000
Outstanding Balance
$369,566
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$354,747

Purchase Details

Listed on
May 22, 2020
Closed on
May 30, 2020
Sold by
Chou Bonny Ann and Chou Bonny
Bought by
Malatesta Marsalee
Seller's Agent
Nicoleta Simionescu
Allways Financial Services
Buyer's Agent
Mohsen Shahbani
Coldwell Banker Realty
List Price
$539,000
Sold Price
$520,000
Premium/Discount to List
-$19,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Outstanding Balance
$369,566
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$354,747

Purchase Details

Closed on
Sep 22, 2009
Sold by
Stanford Jane and The Esther Gertrud Thomsen Tru
Bought by
Chou Bonny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 1996
Sold by
Thomsen Esther
Bought by
Thomsen Esther Gertrud and Esther G Thomsen Trust

Purchase Details

Closed on
Oct 26, 1995
Sold by
Risa Truman H and Sinnen Dallas G
Bought by
Thomsen Esther

Purchase Details

Closed on
Nov 30, 1994
Sold by
Sinnen Dallas G
Bought by
Sinnen Dallas G

Purchase Details

Closed on
Aug 16, 1994
Sold by
Cornwall James E
Bought by
Sinnen Dallas G
Source: Public Records

Range of Values:

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Average Value
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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
Malatesta Marsalee -- Old Republic Title Company
Malatesta Marsalee $520,000 Old Republic Title Company
Chou Bonny Ann -- Old Republic Title Company
Chou Bonny $355,000 Fidelity National Title Co
Thomsen Esther Gertrud -- --
Thomsen Esther $135,000 Commonwealth Title
Sinnen Dallas G -- Commonwealth Land Title Co
Sinnen Dallas G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malatesta Marsalee $60,000
Open Malatesta Marsalee $416,000
Previous Owner Chou Bonny $277,500
Previous Owner Chou Bonny $284,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $520,000 -3.5% $422 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $539,000 -- $437 / 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 $7,106 $568,693 $328,093 $240,600
2024 $7,106 $557,543 $321,660 $235,883
2023 $6,985 $546,611 $315,353 $231,258
2022 $6,552 $535,894 $309,170 $226,724
2021 $6,421 $525,387 $303,108 $222,279
2020 $5,191 $418,993 $182,940 $236,053
2019 $5,129 $410,778 $179,353 $231,425
2018 $5,001 $402,725 $175,837 $226,888
2016 $4,595 $387,089 $169,010 $218,079
2015 $4,409 $381,276 $166,472 $214,804
2014 -- $373,809 $163,212 $210,597
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20094566

California Regional Multiple Listing Service (CRMLS)

APN: 7264-006-084