NOT LISTED FOR SALE

3448 Hathaway Ave Unit 242 Long Beach, CA 90815

Traffic Circle Neighborhood

Estimated Value: $584,000 - $624,204

2 Beds
2 Baths
880 Sq Ft
$335/mo HOA Fee

Last Sold November 20, 2020

Last sale price $469,900 $534 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,190/month

9 Days on Market

Highlights

  • Fitness Center
  • No Units Above
  • Clubhouse
  • Stanford Middle School Rated A-
  • 5.06 Acre Lot
  • Attic

About This Home

As of November 2020

Beautiful resort-like The Palms condo in the most desirable location. This 2bed 2bath condo has lots of upgrades including granite countertops, custom tile in kitchen and baths, oversize tub in master bath, walk-in closet, custom window frames, recessed lighting and crown molding throughout. Community is pet friendly and offers lots of amenities including swimming pool, fitness center and club house among others.

Last Agent to Sell the Property

Lenin Belangonda

REAL ESTATE EBROKER INC License #02002887 Listed on: 10/09/2020

Last Buyer's Agent

Andre Shavers

A Job Well Done License #01394803

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,443

Year Built

  • Built in 1990

Lot Details

  • No Units Above
  • No Units Located Below
  • 1 Common Wall

HOA Fees

  • $335 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 880 Sq Ft Home
  • Living Room with Fireplace
  • Pest Guard System
  • Attic

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 48771
  • Assessor Parcel Number 7219024089

Community Details

Overview

  • 125 Units
  • The Palms Association, Phone Number (562) 597-5007
  • Pacific Coast Management HOA
  • Eastside Subdivision

Amenities

  • Outdoor Cooking Area
  • Picnic Area
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Dog Park

Pet Policy

  • Pets Allowed
  • Pet Restriction
  • Pet Size Limit

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,443

Year Built

Built in 1990

Lot Details

0

HOA Fees

$335 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Eastside (ES)
  • View: No
  • Zoning: LBPD17
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7219024089
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 880.00 Square Feet
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 533.98
  • Room Type: Attic, Kitchen, Laundry, Living Room, Walk-In Closet

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Outdoor Cooking Area, Picnic Area, Dog Park, Pest Control, Gym/Ex Room, Clubhouse, Trash, Water, Pet Rules, Pets Permitted, Weight Limit, Controlled Access
  • Association Fee: 335.00
  • Association Fee Frequency: Monthly
  • Association Name: The Palms
  • Phone: 5625975007
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Dog Park, Sidewalks, Storm Drains
  • Association Management: Pacific Coast Management

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 220333.00
  • Lot Size Acres: 5.0581

Multi Family

  • Lease Considered: No
  • Lot Size Area: 220333.0000 Square Feet
  • Number Of Units In Community: 125
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5750.01
  • Tax Lot: 1
  • Tax Tract Number: 48771

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Nov 16, 2020
Sold by
Turner Anthony
Bought by
Alums Danielle
Seller's Agent
Lenin Belangonda
REAL ESTATE EBROKER INC
Buyer's Agent
Andre Shavers
A Job Well Done
List Price
$469,900
Sold Price
$469,900
Current Estimated Value
$606,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,150
Avg. Annual Appreciation
5.19%
Original Mortgage
$446,405
Outstanding Balance
$399,045
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$197,506

Purchase Details

Listed on
Oct 9, 2020
Closed on
Oct 27, 2020
Sold by
Thangasamy Sathish Kumar
Bought by
Allums Danielle
Seller's Agent
Lenin Belangonda
REAL ESTATE EBROKER INC
Buyer's Agent
Andre Shavers
A Job Well Done
List Price
$469,900
Sold Price
$469,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,405
Outstanding Balance
$399,045
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$197,506

Purchase Details

Closed on
Apr 20, 2010
Sold by
Rosenblum Johnaton Christopher and Bourke Rosheen Renee
Bought by
Thangasamy Sathish Kumar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 2007
Sold by
Anderson Matthew G and Anderson Janna L
Bought by
Rosenblum Jonathan Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2005
Sold by
Redondo Palms Lp
Bought by
Anderson Matthew G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,920
Interest Rate
5.75%
Mortgage Type
New Conventional
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
Alums Danielle -- Lawyers Title
Allums Danielle $470,000 Lawyers Title
Thangasamy Sathish Kumar -- Lawyers Title
Thangasamy Sathish Kumar $300,000 Fatcola
Rosenblum Jonathan Christopher $435,000 Chicago Title Co
Anderson Matthew G $375,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alums Danielle $446,405
Previous Owner Thangasamy Sathish Kumar $13,887
Previous Owner Thangasamy Sathish Kumar $320,003
Previous Owner Thangasamy Sathish Kumar $294,566
Previous Owner Rosenblum Jonathan Christopher $348,000
Previous Owner Anderson Matthew G $299,920
Closed Anderson Matthew G $37,490
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $469,900 0.0% $534 / Sq Ft
10/13/2020 10/13/20 For Sale $469,900 0.0% $534 / Sq Ft
10/13/2020 10/13/20 Off Market $469,900 -- --
10/09/2020 10/09/20 For Sale $469,900 -- $534 / 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 $6,443 $508,742 $324,729 $184,013
2024 $6,443 $498,767 $318,362 $180,405
2023 $6,335 $488,988 $312,120 $176,868
2022 $5,943 $479,400 $306,000 $173,400
2021 $5,827 $470,000 $300,000 $170,000
2020 $4,447 $351,437 $246,006 $105,431
2019 $4,395 $344,547 $241,183 $103,364
2018 $4,288 $337,792 $236,454 $101,338
2016 $3,946 $324,676 $227,273 $97,403
2015 $3,788 $319,800 $223,860 $95,940
2014 $3,763 $313,536 $219,475 $94,061
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV20213044

California Regional Multiple Listing Service (CRMLS)

APN: 7219-024-089