NOT LISTED FOR SALE

Estimated Value: $548,000 - $622,000

1 Bed
1 Bath
1,008 Sq Ft
$213/mo HOA Fee

Last Sold November 24, 2021

Last sale price $515,000 $511 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,065/month

8 Days on Market

Highlights

  • Property has ocean access
  • City Lights View
  • Open Floorplan
  • Woodrow Wilson High School Rated A
  • 0.59 Acre Lot
  • Main Floor Bedroom

About This Home

As of November 2021

Spacious One Bedroom, Spectacular Location. This Bluff Park Historical District Condo could not be in a better location, situated in one of the best neighborhoods Long Beach has to offer. This one bedroom unit is HUGE - over 1000 square feet - situated on the top of a three story small complex with a large 20 foot balcony. The kitchen is upgraded with quartz countertops and new stainless appliances. The remainder of the unit is open and spacious with copious storage and closets to ensure everything has a home. The complex is quaint and quiet, just two short blocks to the beach - and a new upgraded elevator. The unit comes with one secure parking spot with additional storage. Walking distance not only to the beach but local restaurants, bars, shopping, and more!

Last Agent to Sell the Property

Martha Mitre

Keller Williams Realty License #01903183 Listed on: 11/01/2021

Keller Williams Realty

Last Buyer's Agent

Leo Chen

Real Broker License #01958853

Real Broker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,908

Year Built

  • Built in 1963

Lot Details

  • 0.59

HOA Fees

  • $213 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Parking Lot

Interior Spaces

  • 1,008 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Crown Molding
  • Great Room
  • Family Room
  • Living Room
  • City Lights Views
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Quartz Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Property has ocean access
  • Balcony

Additional Features

  • Two or More Common Walls
  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13565
  • Assessor Parcel Number 7264006082
  • $233 per year additional tax assessments

Community Details

Overview

  • 24 Units
  • Paloma Imperial Association, Phone Number (562) 494-2649
  • Maintained Community

Recreation

  • Community Pool
  • Park
  • Bike Trail

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,908

Year Built

Built in 1963

Lot Details

0

HOA Fees

$213 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: LBR3S
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7264006082
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1008.00 Square Feet
  • Interior Amenities: Balcony, Crown Molding, Open Floorplan
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 510.91
  • Room Type: All Bedrooms Down, Family Room, Great Room, Living Room, Main Floor Bedroom
  • Bathroom Features: Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • View: City Lights
  • Pool Features: Association
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Parking Space
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Cooktop
  • Heating Type: Radiant
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Trash, Water, Management
  • Association Fee: 639.65
  • Association Fee Frequency: Quarterly
  • Association Name: Paloma Imperial
  • Phone: 5624942649
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Park
  • Association Management: Paloma Imperial

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
  • Latitude Manual: 33.76444700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 25793.0000 Square Feet
  • Number Of Units In Community: 24
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Access

Tax Info

  • Tax Census Tract: 5772.00
  • Tax Lot: 1
  • Tax Tract Number: 13565
  • TaxOtherAnnualAssessmentAmount: 233.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Nov 16, 2021
Sold by
Mitre Martha
Bought by
Acosta Marc Edward and Acosta Edward
Seller's Agent
Martha Mitre
Keller Williams Realty
Buyer's Agent
Leo Chen
Real Broker
List Price
$509,900
Sold Price
$515,000
Premium/Discount to List
$5,100
1%
Current Estimated Value
$598,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,414
Avg. Annual Appreciation
4.00%

Purchase Details

Closed on
Jul 9, 2021
Sold by
Mitre Lauren M and Mitre Martha
Bought by
Mitre Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2015
Closed on
Dec 23, 2015
Sold by
Mitre Michael
Bought by
Mitre Martha
Seller's Agent
Michael Barber
Coldwell Banker Realty
Buyer's Agent
Martha Mitre
Keller Williams Realty
List Price
$349,999
Sold Price
$330,000
Premium/Discount to List
-$19,999
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$231,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2015
Closed on
Dec 21, 2015
Sold by
Williams Michael C
Bought by
Mitre Lauren M and Mitre Martha
Seller's Agent
Michael Barber
Coldwell Banker Realty
Buyer's Agent
Martha Mitre
Keller Williams Realty
List Price
$349,999
Sold Price
$330,000
Premium/Discount to List
-$19,999
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2004
Sold by
Crain David A
Bought by
Williams Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 1997
Sold by
Pusel Margaret C
Bought by
Crain David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,390
Interest Rate
7.23%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Acosta Marc Edward $515,000 First Amer Ttl Co Res Div
Mitre Martha -- Lawyers Title
Mitre Martha -- First American Title Company
Mitre Lauren M $330,000 First American Title Company
Williams Michael C $325,000 North American Title Co
Crain David A $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mitre Martha $218,000
Previous Owner Mitre Lauren M $231,000
Previous Owner Williams Michael C $296,000
Previous Owner Williams Miceael C $296,000
Previous Owner Williams Miceael C $37,000
Previous Owner Williams Michael C $260,000
Previous Owner Crain David A $25,000
Previous Owner Crain David A $96,017
Previous Owner Crain David A $97,390
Closed Williams Michael C $32,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2021 11/24/21 Sold $515,000 +1.0% $511 / Sq Ft
11/01/2021 11/01/21 For Sale $509,900 +54.5% $506 / Sq Ft
02/03/2016 02/03/16 Sold $330,000 -1.5% $327 / Sq Ft
12/15/2015 12/15/15 Pending -- -- --
12/05/2015 12/05/15 Price Changed $335,000 -4.3% $332 / Sq Ft
11/07/2015 11/07/15 For Sale $349,999 -- $347 / 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 $6,908 $546,521 $249,383 $297,138
2024 $6,908 $535,806 $244,494 $291,312
2023 $6,792 $525,300 $239,700 $285,600
2022 $6,372 $515,000 $235,000 $280,000
2021 $4,532 $360,900 $218,727 $142,173
2020 $4,520 $357,201 $216,485 $140,716
2019 $4,467 $350,198 $212,241 $137,957
2018 $4,355 $343,332 $208,080 $135,252
2016 $4,238 $350,000 $247,100 $102,900
2015 $4,047 $350,000 $247,100 $102,900
2014 $4,096 $350,000 $247,100 $102,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21235665

California Regional Multiple Listing Service (CRMLS)

APN: 7264-006-082