$325,000
SOLD APR 27, 2022
1 Bed
1 Bath
524 Sq Ft
$372/mo HOA Fee

Recently Sold

$620 Per Sq Ft

9% Above List Price

9 Days on Market

Highlights

  • 0.34 Acre Lot
  • 3-minute walk to Pacific Station
  • Neighborhood Views
  • Main Floor Bedroom
  • Quartz Countertops
  • Living Room

About This Home

As of April 2022

Turnkey 1 bed, 1 bath Condo in highly sought Downtown Long Beach, located at the well-kept Cedar Towers. Home captures ocean breezes and amazing views of the city towards downtown Long Beach and Signal Hill. This newly remodeled Home features semi-open floor plan, laminate wood flooring throughout, new lighting fixtures, quartz countertops, and renovated bathroom. Condo complex has a great sense of safety and accessibility as it has elevator, security cameras, and electric entrance access. The exterior of the building has recently been painted. Laundry Room is onsite & offers stackable, newer washer and dryer appliances. Each owner has a small storage for laundry detergent/supplies. The complex is pet friendly. Property is located in the fun & vibrant downtown Long Beach area, close to the ocean, Pine Avenue restaurants, & Pike shopping. Parking is not included with home. Ample off street parking (free) or in parking structures in neighborhood (fee). MUST SEE wonderful starter home or rental unit in a great retro-style complex with a neighborhood that has so much to offer!

Last Agent to Sell the Property

nancy pham

Innovate Realty, Inc. License #01909934 Listed on: 02/12/2022

Last Buyer's Agent

Shawn Ros

California Financial & RE Ctr License #01808611

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,401

Year Built

  • Built in 1965

HOA Fees

  • $372 Monthly HOA Fees

Home Design

  • Split Level Home
  • Turnkey

Interior Spaces

  • 524 Sq Ft Home
  • Living Room
  • Dining Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Quartz Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • On-Street Parking
  • Community Parking Structure

Additional Features

  • Two or More Common Walls
  • Hot Water Heating System

Listing and Financial Details

  • Legal Lot and Block 5 / 83
  • Tax Tract Number 11934
  • Assessor Parcel Number 7280006038

Community Details

Overview

  • Master Insurance
  • 64 Units
  • Cedar Towers Association, Phone Number (800) 369-7260
  • Associa HOA
  • Cedar Towers Subdivision
  • Maintained Community

Amenities

  • Laundry Facilities

Pet Policy

  • Pet Restriction

Security

  • Security Service
  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,401

Year Built

Built in 1965

Lot Details

0

HOA Fees

$372 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • Subdivision Name Other: Cedar Towers (CDT)
  • View: Yes
  • Zoning: LBR4N
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7280006038
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 524.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Dining Room
  • Levels: Multi/Split
  • Price Per Square Foot: 620.23
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Parking Features: Street, Structure

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: No
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds, Trash, Sewer, Water, Pet Rules, Management, Security, Hot Water
  • Association Fee: 372.29
  • Association Fee Frequency: Monthly
  • Association Name: Cedar Towers
  • Phone: 800-369-7260
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks
  • Association Management: Associa

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 14975.00
  • Lot Size Acres: 0.3438

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14975.0000 Square Feet
  • Number Of Units In Community: 64
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 83
  • Tax Census Tract: 5759.02
  • Tax Lot: 5
  • Tax Tract Number: 11934

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2020
Closed on
Apr 19, 2021
Sold by
Villa Nabor
Bought by
Stockpile Property Ventures Llc
Seller's Agent
Bertha Tapia-Jaramillo
Dynasty Real Estate
Buyer's Agent
Matthew Meskin
Premier Agent Network
List Price
$258,000
Sold Price
$247,500
Premium/Discount to List
-$10,500
-4.07%
Total Days on Market
9
Current Estimated Value
$337,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,724
Avg. Annual Appreciation
7.86%

Purchase Details

Listed on
Nov 4, 2020
Closed on
Apr 18, 2021
Sold by
Stockpile Property Ventnres Llc
Bought by
Premier West Investments Llc
Seller's Agent
Bertha Tapia-Jaramillo
Dynasty Real Estate
Buyer's Agent
Matthew Meskin
Premier Agent Network
List Price
$258,000
Sold Price
$247,500
Premium/Discount to List
-$10,500
-4.07%

Purchase Details

Closed on
May 10, 2019
Sold by
Perez Evangelina
Bought by
Villa Nabor

Purchase Details

Listed on
Jul 11, 2018
Closed on
Jul 3, 2018
Sold by
Meshreky Ramses N
Bought by
Villa Nabor and Perez Evangelina
Seller's Agent
Bertha Tapia-Jaramillo
Dynasty Real Estate
Buyer's Agent
Jessica Griffith
Engel & Völkers Newport Beach
Sold Price
$1,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.13%
Original Mortgage
$60,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2013
Sold by
Weisman Ryan
Bought by
Meshreky Ramses N

Purchase Details

Closed on
Jul 11, 2007
Sold by
Drain Randal
Bought by
Weisman Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2004
Sold by
Weisman Ryan
Bought by
Weisman Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,500
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2004
Sold by
Geddes Aaron Guy
Bought by
Weisman Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,500
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2002
Sold by
Koutsogiannopulos Kimberly
Bought by
Geddes Aaron Guy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,570
Interest Rate
6.69%

Purchase Details

Closed on
Nov 11, 1994
Sold by
Towers Cedar
Bought by
Koutsogiannopulos Kimberly

Purchase Details

Closed on
Oct 20, 1993
Sold by
Koutsogiannopoulos Chris
Bought by
Koutsogiannopoulos Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,500
Interest Rate
7.09%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $247,500 Ticor Title Company Oc
Grant Deed $250,000 Lawyers Title Company
Divorce Dissolution Of Marriage Transfer -- None Available
Grant Deed $255,000 Wfg National Title
Trustee Deed $123,000 Accommodation
Grant Deed -- Multiple
Interfamily Deed Transfer -- --
Grant Deed $158,000 First American Title Co Los
Grant Deed $81,000 Commonwealth Land Title Co
Grant Deed -- Fidelity National Title
Grant Deed -- Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $60,000 Purchase Money Mortgage
Previous Owner $172,000 Purchase Money Mortgage
Previous Owner $118,500 Purchase Money Mortgage
Previous Owner $104,000 Unknown
Previous Owner $78,570 No Value Available
Previous Owner $27,500 No Value Available
Closed $4,437 No Value Available
Closed $31,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2022 04/27/22 Sold $325,000 0.0% $620 / Sq Ft
02/24/2022 02/24/22 Price Changed $325,000 +9.1% $620 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/12/2022 02/12/22 For Sale $298,000 +20.4% $569 / Sq Ft
05/05/2021 05/05/21 Sold $247,500 -4.1% $472 / Sq Ft
11/04/2020 11/04/20 For Sale $258,000 0.0% $492 / Sq Ft
07/23/2018 07/23/18 Rented $1,450 0.0% --
07/13/2018 07/13/18 Price Changed $1,450 0.0% $3 / Sq Ft
07/11/2018 07/11/18 Sold $255,000 0.0% $487 / Sq Ft
07/11/2018 07/11/18 For Rent $1,500 0.0% --
05/21/2018 05/21/18 For Sale $249,000 -2.4% $475 / Sq Ft
05/15/2018 05/15/18 Off Market $255,000 -- --
05/15/2018 05/15/18 For Sale $249,000 -2.4% $475 / Sq Ft
05/14/2018 05/14/18 Off Market $255,000 -- --
05/11/2018 05/11/18 For Sale $249,000 0.0% $475 / Sq Ft
04/28/2018 04/28/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $249,000 0.0% $475 / Sq Ft
12/25/2016 12/25/16 Rented $1,150 0.0% --
12/15/2016 12/15/16 For Rent $1,150 +4.5% --
09/30/2016 09/30/16 Rented $1,100 0.0% --
09/14/2016 09/14/16 For Rent $1,100 0.0% --
11/25/2015 11/25/15 Rented $1,100 0.0% --
10/19/2015 10/19/15 For Rent $1,100 +15.8% --
02/22/2015 02/22/15 Rented $950 +5.6% --
02/22/2015 02/22/15 For Rent $900 0.0% --
10/18/2013 10/18/13 Rented $900 0.0% --
10/18/2013 10/18/13 Under Contract -- -- --
09/25/2013 09/25/13 For Rent $900 -- --
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
2024 $4,401 $338,130 $239,292 $98,838
2023 $4,326 $331,500 $234,600 $96,900
2022 $3,196 $252,450 $163,200 $89,250
2021 $3,313 $262,794 $185,502 $77,292
2020 $3,305 $260,100 $183,600 $76,500
2019 $3,265 $255,000 $180,000 $75,000
2018 $1,221 $86,578 $54,112 $32,466
2016 $1,126 $83,217 $52,011 $31,206
2015 $1,084 $81,968 $51,230 $30,738
2014 $1,083 $80,363 $50,227 $30,136
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22028396

California Regional Multiple Listing Service (CRMLS)

APN: 7280-006-038