NOT LISTED FOR SALE

3488 Hathaway Ave Unit 250 Long Beach, CA 90815

Traffic Circle Neighborhood

Estimated Value: $460,000 - $527,000

1 Bed
1 Bath
660 Sq Ft
$335/mo HOA Fee

Last Sold May 28, 2021

Last sale price $398,000 $603 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,561/month

3 Days on Market

Highlights

  • Spa
  • 5.06 Acre Lot
  • Neighborhood Views
  • Stanford Middle School Rated A-
  • Granite Countertops
  • Walk-In Closet

About This Home

As of May 2021

Beautiful condo in the lush landscaped Palms community. Gated with resort like living, this home is near the traffic circle and moments away from restaurants, shopping and all that Long Beach has to offer. Located in the highly sought after 3488 building at the top of the hill providing the best views. The spacious open floor-plan is perfect for entertaining. Enjoy stainless steel appliances, granite kitchen & bath countertops, tile flooring, recessed lights and central heat & air. Spacious master bedroom has large walk in closet, master bath with wrap around vanity and tons of storage. Laundry closet off the patio with room for full size washer and dryer as well as added storage. Amenities include clubhouse, pool, spa, BBQ, fitness center and doggie stations. One car garage and separate carport parking spot. Plus, tons of guest parking. The Palms community is FHA approved.

Last Agent to Sell the Property

Beatrix Whipple

Keller Williams Pacific Estate License #01355505 Listed on: 04/28/2021

Keller Williams Pacific Estate

Co-Listed By

Jennifer Dykema

Think Boutiq Real Estate License #01937229

Last Buyer's Agent

Susan Wyant

Keller Williams Pacific Estate License #01880319

Keller Williams Pacific Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,480

Year Built

  • Built in 1990

Lot Details

  • 5

HOA Fees

  • $335 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 660 Sq Ft Home
  • Recessed Lighting
  • Living Room Balcony
  • Combination Dining and Living Room
  • Tile Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Granite Bathroom Countertops
  • Bathtub with Shower

Outdoor Features

  • Spa
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Two or More Common Walls
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 48771
  • Assessor Parcel Number 7219024097

Community Details

Overview

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

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,480

Year Built

Built in 1990

Lot Details

0

HOA Fees

$335 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Hathaway
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7219024097
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 660.00 Square Feet
  • Interior Amenities: Granite Counters, Living Room Balcony, Recessed Lighting
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 603.03
  • Room Type: Kitchen, Living Room, Walk-In Closet
  • Spa Features: Community
  • Bathroom Features: Shower In Tub, Granite Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue
  • Association Fee: 335.00
  • Association Fee Frequency: Monthly
  • Association Name: The Palms
  • Phone: (562) 597-5007
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights, Suburban
  • Association Management: Pacific Coast Management

Schools

  • School District: Long Beach Unified

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 220511.00
  • Lot Size Acres: 5.0622

Multi Family

  • Lease Considered: No
  • Lot Size Area: 220511.0000 Square Feet
  • Number Of Units In Community: 125
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 48771

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
May 5, 2021
Sold by
Palacio David and Jauregui Luz Zambrano
Bought by
Scharf Kristen
Seller's Agent
Beatrix Whipple
Keller Williams Pacific Estate
Buyer's Agent
Susan Wyant
Keller Williams Pacific Estate
List Price
$365,000
Sold Price
$398,000
Premium/Discount to List
$33,000
9.04%
Total Days on Market
3
Current Estimated Value
$493,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,285
Avg. Annual Appreciation
5.05%
Original Mortgage
$358,200
Outstanding Balance
$328,962
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$156,237

Purchase Details

Listed on
Nov 6, 2016
Closed on
Nov 22, 2016
Sold by
Olvera Estephania
Bought by
Palacio David and Jauregui Luz Zambrano
Seller's Agent
Christina McKay
Keller Williams Coastal Prop.
Buyer's Agent
Beatrix Whipple
Keller Williams Pacific Estate
List Price
$315,000
Sold Price
$317,000
Premium/Discount to List
$2,000
0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%
Original Mortgage
$311,258
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 2, 2016
Sold by
Olvera Estephania
Bought by
Olvera Estephania and Krajewski Piotr Jerzy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,248
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2013
Closed on
Sep 20, 2013
Sold by
Krajewski Piotr Jerzy
Bought by
Olvera Estephania
Seller's Agent
Jose Smith
Coldwell Banker Realty
Buyer's Agent
Christina McKay
Keller Williams Coastal Prop.
List Price
$269,000
Sold Price
$260,000
Premium/Discount to List
-$9,000
-3.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%
Original Mortgage
$195,000
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2013
Closed on
Sep 17, 2013
Sold by
Pierce Nancy L
Bought by
Olvera Estephania
Seller's Agent
Jose Smith
Coldwell Banker Realty
Buyer's Agent
Christina McKay
Keller Williams Coastal Prop.
List Price
$269,000
Sold Price
$260,000
Premium/Discount to List
-$9,000
-3.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2008
Sold by
Pierce Nancy Lee
Bought by
Pierce Nancy L and Nancy L Pierce Revocable Living Trust

Purchase Details

Closed on
Jul 17, 2007
Sold by
Rainone Lisa L
Bought by
Rainone John A

Purchase Details

Closed on
Jul 9, 2007
Sold by
Rainone John A
Bought by
Pierce Nancy Lee

Purchase Details

Closed on
Feb 24, 2005
Sold by
Redondo Palms Lp
Bought by
Rainone John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,900
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Scharf Kristen $398,000 Ticor Title
Palacio David $317,000 First American Title
Olvera Estephania -- Chicago Title Company
Olvera Estephania -- Orange Coast Title
Olvera Estephania $260,000 Orange Coast Title
Pierce Nancy L -- None Available
Rainone John A -- Orange Coast Title Company
Pierce Nancy Lee $319,000 Orange Coast Title Company
Rainone John A $270,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scharf Kristen $358,200
Previous Owner Palacio David $298,000
Previous Owner Palacio David $311,258
Previous Owner Olvera Estephania $171,248
Previous Owner Olvera Estephania $195,000
Previous Owner Rainone John A $215,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $398,000 +9.0% $603 / Sq Ft
04/29/2021 04/29/21 For Sale $365,000 -8.3% $553 / Sq Ft
04/29/2021 04/29/21 Off Market $398,000 -- --
12/16/2016 12/16/16 Sold $317,000 +0.6% $405 / Sq Ft
11/12/2016 11/12/16 Pending -- -- --
11/06/2016 11/06/16 For Sale $315,000 +21.2% $403 / Sq Ft
10/08/2013 10/08/13 Sold $260,000 0.0% $332 / Sq Ft
09/15/2013 09/15/13 Pending -- -- --
09/14/2013 09/14/13 Off Market $260,000 -- --
09/04/2013 09/04/13 For Sale $269,000 +3.5% $344 / Sq Ft
08/20/2013 08/20/13 Pending -- -- --
08/19/2013 08/19/13 Off Market $260,000 -- --
08/19/2013 08/19/13 For Sale $269,000 0.0% $344 / Sq Ft
08/15/2013 08/15/13 Pending -- -- --
08/09/2013 08/09/13 For Sale $269,000 -- $344 / 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
2024 $5,480 $422,359 $233,465 $188,894
2023 $5,388 $414,079 $228,888 $185,191
2022 $5,055 $405,960 $224,400 $181,560
2021 $4,265 $339,886 $150,108 $189,778
2020 $4,254 $336,402 $148,569 $187,833
2019 $4,204 $329,806 $145,656 $184,150
2018 $4,101 $323,340 $142,800 $180,540
2016 $3,215 $269,237 $103,553 $165,684
2015 $3,085 $265,194 $101,998 $163,196
2014 $3,065 $260,000 $100,000 $160,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21021132

California Regional Multiple Listing Service (CRMLS)

APN: 7219-024-097