NOT LISTED FOR SALE

Estimated Value: $347,000 - $418,000

1 Bed
1.5 Baths
733 Sq Ft
10,633 Sq Ft Lot

Last Sold November 28, 2023

Last sale price $430,000 $587 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,791/month

29 Days on Market

Highlights

  • Gated Community
  • 2-minute walk to Pacific Station
  • Property is near public transit
  • Updated Kitchen
  • 0.24 Acre Lot
  • Wood Flooring

About This Home

As of November 2023

**Exceptionally Rare Townhouse-style One-Bedroom Gem!** This unique property boasts a two-level, one-bedroom layout complete with **two luxurious bathrooms** - an absolute rarity in the market. Located within a fantastic building in an enviable location, this home offers an array of impressive features.

Step into a completely renovated kitchen adorned with custom gray cabinets, granite countertops, a stylish tile backsplash, accent lighting, and top-of-the-line stainless steel appliances, including a built-in microwave and dishwasher. The gleaming wood floors add a touch of warmth to this modern space. The kitchen seamlessly flows into the inviting living area, which boasts an open stairway leading to the private bedroom.

On the entry level, you'll find a convenient half bathroom, beautifully remodeled with an elegant tile wall. Descend to the lower level to discover the secluded bedroom, complete with a full bath, generous closets, and an additional private entrance if desired. This home is truly one-of-a-kind and has been meticulously upgraded to offer a level of sophistication that is a **must-see**.

There is a common area laundry room conveniently located on the first floor, with 2 washers, 2 dryers and private lockers for laundry soap and other supplies.

Parking can be a breeze. Check with the City of Long Beach adjacent to the building or private parking at a nearby building, all at a nominal fee. Don't miss out on this extraordinary opportunity!

350 Cedar Ave is located just a few blocks from famed Pine Avenue with its outstanding restaurants and bars. Just a few more blocks south and you are at The Pike and the beach. Enjoy riding your bike from home down the bike path to the end of the Peninsula, or take the 2nd Street bridge and ride down PCH beyond Huntington Beach!

Last Agent to Sell the Property

Richard Daskam

Circle Real Estate License #01091037 Listed on: 09/24/2023

Circle Real Estate

Last Buyer's Agent

Leila Utupo

LPT Realty, Inc License #02199318

LPT Realty, Inc

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1971

Lot Details

  • Two or More Common Walls
  • South Facing Home

HOA Fees

  • $264 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Turnkey
  • Common Roof

Interior Spaces

  • 733 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Wood Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Radiant Heating System

Listing and Financial Details

  • Legal Lot and Block 6 / 82
  • Tax Tract Number 1
  • Assessor Parcel Number 7280015070
  • $209 per year additional tax assessments

Community Details

Overview

  • 34 Units
  • Queens Terrace Association, Phone Number (714) 772-4400
  • Consensys HOA
  • Downtown Subdivision
  • Maintained Community

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1971

Lot Details

10,633 Sq Ft Lot

HOA Fees

$264 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: LBR4N
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7280015070
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 733.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 2
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 586.63
  • Room Type: All Bedrooms Down, Living Room, Walk-In Closet
  • Bathroom Features: Shower, Exhaust Fan(s), Remodeled, Upgraded
  • Room Kitchen Features: Remodeled Kitchen, Stone Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • View: Neighborhood
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave
  • Electric: Standard
  • Heating Type: Radiant
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Trash, Sewer, Call for Rules
  • Association Fee: 263.83
  • Association Fee Frequency: Monthly
  • Association Name: Queens Terrace
  • Phone: 7147724400
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Urban
  • Association Management: Consensys

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 10632.00
  • Lot Size Acres: 0.2441

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10632.0000 Square Feet
  • Number Of Units In Community: 34
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 82
  • Tax Census Tract: 5759.02
  • Tax Lot: 6
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 209.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2023
Closed on
Oct 30, 2023
Sold by
Jones Arthur and Chapman Ashlyn
Bought by
Wright Jerard D
Seller's Agent
Richard Daskam
Circle Real Estate
Buyer's Agent
Leila Utupo
LPT Realty, Inc
List Price
$435,000
Sold Price
$430,000
Premium/Discount to List
-$5,000
-1.15%
Views
52
Current Estimated Value
$392,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,526
Avg. Annual Appreciation
-3.84%
Original Mortgage
$412,087
Outstanding Balance
$404,648
Interest Rate
7.57%
Mortgage Type
FHA
Estimated Equity
-$12,174

Purchase Details

Listed on
Nov 26, 2018
Closed on
Dec 5, 2018
Sold by
Sullivan Marc
Bought by
Taylor David J
Seller's Agent
Marti Brown
Keller Williams Pacific Estate
Buyer's Agent
Nick Taylor
Nick Taylor Ent.
List Price
$289,000
Sold Price
$298,000
Premium/Discount to List
$9,000
3.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%
Original Mortgage
$213,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2012
Sold by
Rangel Emilio D
Bought by
Sullivan Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2007
Sold by
Petrillo Candace
Bought by
Rangel Emilio D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2004
Sold by
Corpuz Alejandro B and The Corazon B Torres Revocable
Bought by
Petrillo Candace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,900
Interest Rate
5.75%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 14, 1994
Sold by
Torres Corazon B
Bought by
Torres Corazon B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wright Jerard D $430,000 Orange Coast Title Company
Taylor David J $298,000 Old Republic Title Company
Sullivan Marc $159,000 North American Title Company
Rangel Emilio D $267,000 Chicago Title Co
Petrillo Candace $200,000 First American Title Co La
Torres Corazon B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Jerard D $412,087
Previous Owner Taylor David J $213,000
Previous Owner Sullivan Marc $127,200
Previous Owner Rangel Emilio D $267,000
Previous Owner Petrillo Candace $159,900
Closed Petrillo Candace $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/28/2023 11/28/23 Sold $430,000 +4.9% $587 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/11/2023 10/11/23 Price Changed $410,000 -5.7% $559 / Sq Ft
09/24/2023 09/24/23 For Sale $435,000 +46.0% $593 / Sq Ft
01/16/2019 01/16/19 Sold $298,000 +3.1% $407 / Sq Ft View Prior Sale
11/26/2018 11/26/18 For Sale $289,000 +81.8% $394 / Sq Ft
11/25/2013 11/25/13 Sold $159,000 +6.0% $217 / Sq Ft View Prior Sale
07/27/2013 07/27/13 Pending -- -- --
07/22/2013 07/22/13 For Sale $150,000 -- $205 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,557 $438,600 $285,600 $153,000
2024 $5,557 $430,000 $280,000 $150,000
2023 $4,735 $363,099 $228,888 $134,211
2022 $4,442 $355,980 $224,400 $131,580
2021 $3,855 $307,108 $122,637 $184,471
2020 $3,845 $303,960 $121,380 $182,580
2019 $2,308 $174,723 $109,890 $64,833
2018 $2,257 $171,298 $107,736 $63,562
2016 $2,077 $164,648 $103,553 $61,095
2015 $1,995 $162,176 $101,998 $60,178
2014 $1,986 $159,000 $100,000 $59,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23178636

California Regional Multiple Listing Service (CRMLS)

APN: 7280-015-070

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