NOT LISTED FOR SALE

Estimated Value: $287,000 - $353,000

1 Bed
1 Bath
580 Sq Ft
$381/mo HOA Fee

Last Sold July 07, 2021

Last sale price $290,000 $500 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,398/month

16 Days on Market

Highlights

  • 0.34 Acre Lot
  • 3-minute walk to Pacific Station
  • Bike Trail
  • Neighborhood Views
  • Laundry Room
  • Radiant Heating System

About This Home

As of July 2021

Great 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. Home features semi-open floor plan, tile flooring in living areas, carpet in bedroom, large master with mirrored closets, with plenty of hallway storage, and decent sized bathroom. Condo complex has a great sense of safety and accessibility as it has elevator and security cameras, and electric entrance access. Kitchen has amble room for cooking, and/or hosting. Exterior 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). Overall, great 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

Kevin Messiha

Keller Williams SELA License #01883819 Listed on: 05/03/2021

Keller Williams SELA

Last Buyer's Agent

Titilade Johnson-Agiri

eXp Realty of California Inc License #01915544

eXp Realty of California Inc

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1965

Lot Details

  • 0.34

HOA Fees

  • $381 Monthly HOA Fees

Interior Spaces

  • 580 Sq Ft Home
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Radiant Heating System
  • Septic Type Unknown

Additional Features

  • Exterior Lighting
  • Two or More Common Walls

Listing and Financial Details

  • Legal Lot and Block 5 / 83
  • Assessor Parcel Number 7280006071

Community Details

Overview

  • 27 Units
  • Cedar Association, Phone Number (562) 308-3286
  • Cedar Towers HOA

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Property Details

Home Type

Condominium

Year Built

Built in 1965

Lot Details

0

HOA Fees

$381 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LBR4N
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7280006071
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 580.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 500.00
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Radiant
  • Laundry Features: Community
  • Sewer: Unknown

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules
  • Association Fee: 381.28
  • Association Fee Frequency: Monthly
  • Association Name: Cedar
  • Phone: 562-308-3286
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Sidewalks, Storm Drains, Street Lights
  • Association Management: Cedar Towers

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: 27
  • Number Of Units Total: 1

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2013
Closed on
Dec 6, 2013
Sold by
Vanwig Paul
Bought by
Rector Jamie Lynn
Seller's Agent
Allison Van Wig
Keller Williams Coastal Prop.
Buyer's Agent
Bill Godwin
Keller Williams OC Coastal Realty
List Price
$129,000
Sold Price
$129,900
Premium/Discount to List
$900
0.7%
Current Estimated Value
$319,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,990
Avg. Annual Appreciation
7.75%

Purchase Details

Closed on
Oct 14, 2010
Sold by
The Bank Of New York Mellon Trust Compan
Bought by
Vanwig Paul and Van Wig Allison

Purchase Details

Closed on
Mar 22, 2010
Sold by
Peterson Melody
Bought by
The Bank Of New York Mellon Trust Compan

Purchase Details

Closed on
Jul 26, 2007
Sold by
Ricci Michael R and Ricci Kitsy
Bought by
Peterson Melody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
9.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2004
Sold by
Briscoe John Frederick and Burns Briscoe Debra Fae
Bought by
Ricci Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,100
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2003
Sold by
Miller Clair Benjamin and Miller Helen Marjorie
Bought by
Briscoe John Frederick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,250
Interest Rate
5.76%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rector Jamie Lynn $129,000 Fidelity National Title Co
Vanwig Paul $45,000 Chicago Title
The Bank Of New York Mellon Trust Compan $89,444 Accommodation
Peterson Melody $260,000 Advantage Title Inc
Ricci Michael R $159,000 Fidelity National Title Lb
Briscoe John Frederick $65,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peterson Melody $247,000
Previous Owner Ricci Michael R $143,100
Previous Owner Briscoe John Frederick $55,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/07/2021 07/07/21 Sold $290,000 +3.6% $500 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $280,000 +115.6% $483 / Sq Ft
12/10/2013 12/10/13 Sold $129,900 +0.7% $224 / Sq Ft View Prior Sale
11/16/2013 11/16/13 Pending -- -- --
11/12/2013 11/12/13 For Sale $129,000 0.0% $222 / Sq Ft
11/10/2013 11/10/13 Pending -- -- --
11/04/2013 11/04/13 For Sale $129,000 -- $222 / 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 $4,132 $307,749 $233,465 $74,284
2024 $3,953 $301,716 $228,888 $72,828
2023 $3,885 $295,800 $224,400 $71,400
2022 $3,646 $290,000 $220,000 $70,000
2021 $1,926 $146,086 $67,946 $78,140
2020 $1,921 $144,589 $67,250 $77,339
2019 $1,899 $141,755 $65,932 $75,823
2018 $1,857 $138,977 $64,640 $74,337
2016 $1,711 $133,582 $62,131 $71,451
2015 $1,644 $131,576 $61,198 $70,378
2014 $1,638 $129,000 $60,000 $69,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21092816

California Regional Multiple Listing Service (CRMLS)

APN: 7280-006-071