NOT LISTED FOR SALE

350 Cedar Ave Unit 501 Long Beach, CA 90802

West Village Neighborhood

Estimated Value: $498,000 - $563,000

2 Beds
2 Baths
1,034 Sq Ft
$448/ mo HOA Fee

Last Sold June 23, 2021

Last sale price $485,000 $469 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,763/month

8 Days on Market

Highlights

  • Bridge View
  • 2-minute walk to Pacific Station
  • Modern Architecture
  • Updated Kitchen
  • 0.24 Acre Lot
  • End Unit

About This Home

As of June 2021

Own your very own urban tree house. This condo is ideally located with unobstructed views to the new Gerald Desmond Bridge, Ranch Palos Verdes, and downtown Long Beach. It is on the top floor at the corner of Cedar and 4 Street. Two balconies face West, one in the living room and one off the kitchen offering 180 degree views of picturesque downtown Long Beach. The condo is full of natural light in all rooms. It has an open floor plan from the living room through the dining area to the kitchen. There is hard surface flooring throughout with newer baths and an updated kitchen. One parking space plus personal storage comes with this unit in the secure garage. Who will be the next fortunate owner of this urban oasis?

Last Agent to Sell the Property

Karin McGinley

HomeSmart Realty Group License #01752689 Listed on: 04/30/2021

HomeSmart Realty Group

Co-Listed By

Neil Schneider

HomeSmart Realty Group License #01911418

Last Buyer's Agent

Patricia Sanchez

PS Real Estate License #01717920

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1971

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $448 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Community Parking Structure

Property Views

  • Bridge
  • City Lights
  • Neighborhood

Home Design

  • Modern Architecture
  • Common Roof

Interior Spaces

  • 1,034 Sq Ft Home
  • Ceiling Fan
  • Recessed Lighting
  • Entryway
  • Family Room Off Kitchen
  • Living Room
  • Storage
  • Laundry Room
  • Laminate Flooring

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Electric Oven
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Stone Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Accessible Home Design

  • No Interior Steps
  • Accessible Parking

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Location

  • Urban Location

Utilities

  • Radiant Heating System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 6 / 82
  • Tax Tract Number 575
  • Assessor Parcel Number 7280015084

Community Details

Overview

  • 35 Units
  • Queens Terrace Association, Phone Number (562) 494-4455
  • Paragon Equities HOA
  • Downtown Subdivision
  • Maintained Community

Amenities

  • Laundry Facilities
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Security Service
  • Controlled Access

Property Details

Home Type

Condominium

Year Built

Built in 1971

Lot Details

10,633 Sq Ft Lot

HOA Fees

$448 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: LBR4N
  • Architectural Style: Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7280015084
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1034.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Granite Counters, Living Room Balcony, Recessed Lighting, Storage
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Laminate
  • Accessibility Features: No Interior Steps, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: In Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 469.05
  • Room Type: Entry, Kitchen, Living Room, Master Bedroom
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Stone Counters
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • View: Bridge(s), City Lights, Neighborhood
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Community Structure, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Freezer, Disposal, Microwave, Refrigerator
  • Heating Type: Radiant
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Storage, Maintenance Grounds, Trash, Sewer, Water, Pet Rules, Security, Controlled Access
  • Association Fee: 448.00
  • Association Fee Frequency: Monthly
  • Association Name: Queens Terrace
  • Phone: 562-494-4455
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Sidewalks, Street Lights, Urban
  • Association Management: Paragon Equities

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • 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: 35
  • Number Of Units Total: 35

Tax Info

  • Tax Block: 82
  • Tax Census Tract: 5759.02
  • Tax Lot: 6
  • Tax Tract Number: 575...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2019
Sold by
Karaismailoglu Fulya Ozkaya and Ozkaya Fulya
Bought by
Karaismailoglu Fulya Ozkaya and Karaismailoglu Naz
Current Estimated Value
$520,563

Purchase Details

Listed on
Apr 3, 2019
Closed on
Apr 25, 2019
Sold by
Korogodsky Danila Z and Pirumova Olg
Bought by
Ozkaya Fulya
Seller's Agent
Ioan Simionescu
Ioan Simionescu
Buyer's Agent
Karin McGinley
HomeSmart Realty Group
List Price
$385,000
Sold Price
$380,000
Premium/Discount to List
-$5,000
-1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%

Purchase Details

Listed on
Mar 21, 2017
Closed on
Apr 21, 2017
Sold by
Fannie Mae
Bought by
Korogodsky Danila Z and Pirumova Olga
Seller's Agent
Adolfo Paz
Benefit Realty
Buyer's Agent
Ioan Simionescu
Ioan Simionescu
List Price
$285,000
Sold Price
$302,500
Premium/Discount to List
$17,500
6.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.71%
Original Mortgage
$240,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2016
Sold by
Abbott Gordon R and Cordon R Abbott Living Trust
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Jul 14, 2006
Sold by
Abbott Gordon R and The Gordon R Abbott Living Tru
Bought by
Abbott Gordon R and The Gordon R Abbott Living Tru
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
Karaismailoglu Fulya Ozkaya -- None Available
Ozkaya Fulya -- Old Republic Title Company
Korogodsky Danila Z $302,500 Lawyers Title
Federal National Mortgage Association $290,000 Title 365
Abbott Gordon R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Korogodsky Danila Z $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2021 06/23/21 Sold $485,000 +7.8% $469 / Sq Ft
05/08/2021 05/08/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $449,795 +18.4% $435 / Sq Ft
05/20/2019 05/20/19 Sold $380,000 -1.3% $368 / Sq Ft View Prior Sale
04/15/2019 04/15/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $385,000 +27.3% $372 / Sq Ft
04/28/2017 04/28/17 Sold $302,500 +6.1% $293 / Sq Ft View Prior Sale
03/29/2017 03/29/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $285,000 -- $276 / 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 $6,927 $524,978 $324,729 $200,249
2024 $6,627 $514,685 $318,362 $196,323
2023 $6,516 $504,594 $312,120 $192,474
2022 $6,112 $494,700 $306,000 $188,700
2021 $4,879 $391,615 $156,646 $234,969
2020 $4,867 $387,600 $155,040 $232,560
2019 $4,019 $314,721 $208,080 $106,641
2018 $3,931 $308,550 $204,000 $104,550
2016 $1,603 $129,518 $38,853 $90,665
2015 $1,540 $127,574 $38,270 $89,304
2014 $1,534 $125,076 $37,521 $87,555
Source: Public Records

Agents Affiliated with this Home

  • Karin McGinley

    Seller's Agent in 2021

    Karin McGinley

    HomeSmart Realty Group

    (714) 504-9192

    1 in this area

    15 Total Sales

    Karin McGinley
    Section Image
  • Neil Schneider

    Seller Co-Listing Agent in 2021

    Neil Schneider

    HomeSmart Realty Group

    (562) 346-8902

    1 in this area

    19 Total Sales

    Neil Schneider
    Section Image
  • Patricia Sanchez

    Buyer's Agent in 2021

    Patricia Sanchez

    PS Real Estate

    (714) 686-9848

    1 in this area

    28 Total Sales

    Patricia Sanchez
    Section Image

  • I

    Seller's Agent in 2019

    Ioan Simionescu

    Ioan Simionescu

    (562) 882-7605

    2 Total Sales

    Ioan Simionescu
    Section Image

  • A

    Seller's Agent in 2017

    Adolfo Paz

    Benefit Realty

    (562) 346-3377

    2 Total Sales

    Adolfo Paz
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21090064

California Regional Multiple Listing Service (CRMLS)

APN: 7280-015-084

California Los Angeles County Long Beach 90802 West Village

350 Cedar Ave Unit 501, Long Beach, CA

Not Listed for Sale

Condos

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