$260,000
SOLD FEB 27, 2019
1 Bed
1 Bath
524 Sq Ft
$302/mo HOA Fee

Recently Sold

$496 Per Sq Ft

2% Above List Price

13 Days on Market

Highlights

  • City Lights View
  • 3-minute walk to Pacific Station
  • Galley Kitchen
  • 0.34 Acre Lot
  • Midcentury Modern Architecture
  • Bathtub

About This Home

As of February 2019

You can't beat the location of this super cute downtown pet friendly condo. Loaded with charm, this hip 1 bedroom / 1 bath home has a great open layout and is move in ready. Top floor location means nobody will be stomping above you. Let your creativity run wild with the giant chalkboard wall in kitchen/dining area. The galley kitchen has a pintrest worthy rustic wood back splash, and granite counters. The bathroom has been upgraded with vessel sink and gold accented fixtures. The spacious bedroom has great light from the south facing window with a great city view, and ocean breezes. The Cedar Tower building has secured access with a call box for visitors and security cameras in common areas. No more searching for quarters because the newly renovated laundry room is controlled by phone app and comes with individual storage boxes for supplies. The best part... LOCATION! Enjoy Restaurants & entertainment galore on Historic Pine Ave, the Pike, Shoreline Village, The Promenade, & the beach all within walking distance. Plenty of street parking and affordable monthly parking options nearby & excellent public transport. 1 block to the Blue Line metro station for commuters. Or use the Long Beach bike share / Electric scooters to get around. It's a great time to invest in Downtown LB as it is undergoing a major revitalization with a recent flurry of development. This is a great buy for a first time buyer, investor, or as a city getaway.

Last Agent to Sell the Property

Michelle Murray

MMM Real Estate License #02026866 Listed on: 01/14/2019

Last Buyer's Agent

Sandy Carroll

First Team Real Estate License #01220728

First Team Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,734

Year Built

  • Built in 1965

Lot Details

  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $302 Monthly HOA Fees

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 524 Sq Ft Home
  • 4-Story Property
  • Galley Kitchen
  • Laundry Room

Bedrooms and Bathrooms

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

Parking

  • Public Parking
  • On-Street Parking

Additional Features

  • Urban Location
  • Central Heating

Listing and Financial Details

  • Tax Lot 579
  • Tax Tract Number 11934
  • Assessor Parcel Number 7280006067

Community Details

Overview

  • Master Insurance
  • 60 Units
  • Cedar Towers Association, Phone Number (833) 544-7031
  • Maintained Community

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Security Service
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,734

Year Built

Built in 1965

Lot Details

0

HOA Fees

$302 per month

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Card/Code Access
  • Subdivision Name Other: Cedar Towers (CDT)
  • View: Yes
  • Zoning: LBR4N
  • Architectural Style: Mid Century Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7280006067
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 524.00 Square Feet
  • Stories: 4
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 496.18
  • Room Type: Galley Kitchen
  • Bathroom Features: Bathtub, Shower

Exterior Features

  • View: City Lights, Neighborhood
  • Pool Private: No

Garage/Parking

  • Parking Features: Public, Street

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds, Trash, Water, Dues Paid Monthly, Pet Rules, Pets Permitted, Security, Controlled Access
  • Association Fee: 302.36
  • Association Fee Frequency: Monthly
  • Association Name: Cedar Towers
  • Phone: 833-544-7031
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • 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: 60
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5759.02
  • Tax Lot: 579
  • Tax Tract Number: 11934

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2019
Closed on
Jan 29, 2019
Sold by
Trautman Jennifer Rae
Bought by
Quistberg Alison Alyce
Seller's Agent
Michelle Murray
MMM Real Estate
Buyer's Agent
Sandy Carroll
First Team Real Estate
List Price
$256,000
Sold Price
$260,000
Premium/Discount to List
$4,000
1.56%
Current Estimated Value
$345,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,977
Avg. Annual Appreciation
3.37%
Original Mortgage
$213,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 16, 2016
Closed on
Dec 19, 2016
Sold by
Nu Sol Sourcing Llc
Bought by
Trautman Jennifer Rae
Seller's Agent
Eileen Rivera
GE Dean and Associates
Buyer's Agent
Jennifer Trautman
First Team Real Estate
List Price
$225,000
Sold Price
$190,000
Premium/Discount to List
-$35,000
-15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.71%
Original Mortgage
$184,300
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2011
Sold by
Cedar Towers
Bought by
Roberts Thomas H and Roberts Patricia A

Purchase Details

Closed on
May 23, 2011
Sold by
Roberts Thomas H and Roberts Patricia A
Bought by
Cedar Towers

Purchase Details

Closed on
Apr 13, 2011
Sold by
Roberts Thomas H and Roberts Patricia A
Bought by
Nu Sol Sourcing Llc
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 $260,000 Lawyers Title
Grant Deed $190,000 Provident Title Company
Grant Deed -- None Available
Quit Claim Deed -- None Available
Grant Deed $50,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $213,300 New Conventional
Closed $213,000 New Conventional
Previous Owner $184,300 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2019 02/27/19 Sold $260,000 +1.6% $496 / Sq Ft
01/27/2019 01/27/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $256,000 0.0% $489 / Sq Ft
03/02/2018 03/02/18 Rented $1,595 +10.4% --
01/30/2018 01/30/18 Price Changed $1,445 -3.3% $3 / Sq Ft
01/16/2018 01/16/18 Price Changed $1,495 -3.2% $3 / Sq Ft
01/09/2018 01/09/18 Price Changed $1,545 -8.8% $3 / Sq Ft
01/04/2018 01/04/18 For Rent $1,695 0.0% --
01/04/2017 01/04/17 Sold $190,000 -15.6% $363 / Sq Ft
11/30/2016 11/30/16 Pending -- -- --
11/16/2016 11/16/16 For Sale $225,000 -- $429 / 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 $3,734 $290,030 $116,011 $174,019
2024 $3,734 $284,344 $113,737 $170,607
2023 $3,670 $278,769 $111,507 $167,262
2022 $3,443 $273,304 $109,321 $163,983
2021 $3,374 $267,946 $107,178 $160,768
2019 $2,572 $197,676 $145,656 $52,020
2018 $2,516 $193,800 $142,800 $51,000
2016 $776 $52,943 $14,853 $38,090
2015 $748 $52,148 $14,630 $37,518
2014 $750 $51,128 $14,344 $36,784
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19012084

California Regional Multiple Listing Service (CRMLS)

APN: 7280-006-067