NOT LISTED FOR SALE

Estimated Value: $311,000 - $775,000

-- Bed
1 Bath
472 Sq Ft
$250/mo HOA Fee

Last Sold April 26, 2019

Last sale price $255,000 $540 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,874/month

61 Days on Market

Highlights

  • Peek-A-Boo Views
  • Living Room
  • Laundry Room
  • Walk-In Closet
  • Controlled Access
  • 5-minute walk to Lincoln Park

About This Home

As of April 2019

Located in the heart of one of the biggest downtown renovation areas in North America, this large, seventh floor New York style studio condominium is full of natural light and has some ocean view. Nearby are hot new restaurants, cafes, shops, and art galleries, as well as the Aquarium of the Pacific, Convention Center, Terrace Theatre, and much more. The historic Sovereign itself is an Art Deco masterpiece built in the Jazz Era, with a beautiful lobby and top floor Solarium with amazing ocean views as well. The Sovereign has a secured entry with a building manager on site. No Parking in the complex but there is secure covered parking available to rent in structure directly behind the building by permit for approximately $75 per month.

Last Agent to Sell the Property

Michael Robinson

Broadmoor Realty, Inc. License #00597913 Listed on: 01/24/2019

Co-Listed By

Gwen Kelly

Broadmoor Realty, Inc. License #00552325

Last Buyer's Agent

Gwen Kelly

Broadmoor Realty, Inc. License #00552325

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,637

Year Built

  • Built in 1922

Lot Details

  • 7,370

HOA Fees

  • $250 Monthly HOA Fees

Interior Spaces

  • 472 Sq Ft Home
  • Living Room
  • Peek-A-Boo Views
  • Laundry Room

Bedrooms and Bathrooms

  • Walk-In Closet
  • 1 Full Bathroom

Additional Features

  • Two or More Common Walls
  • Urban Location

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 7278005098

Community Details

Overview

  • 88 Units
  • Sovereign Association, Phone Number (714) 891-1522

Amenities

  • Recreation Room
  • Laundry Facilities

Pet Policy

  • Pets Allowed
  • Pet Restriction
  • Pet Size Limit

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,637

Year Built

Built in 1922

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: LBPD6
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7278005098
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 472.00 Square Feet
  • Interior Amenities: Elevator
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 540.25
  • Room Type: Kitchen, Living Room, Walk-In Closet

Exterior Features

  • View: Peek-A-Boo
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Recreation Room, Pet Rules, Pets Permitted, Weight Limit, Controlled Access
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Association Name: Sovereign
  • Phone: (714) 891-1522
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 7371.00
  • Lot Size Acres: 0.1692

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7371.0000 Square Feet
  • Number Of Units In Community: 88
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5760.01
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2019
Closed on
Mar 27, 2019
Sold by
1999 Michael and 1999 Donna Robinson Fmtr
Bought by
Marin Xochitl
Seller's Agent
Michael Robinson
Broadmoor Realty, Inc.
Buyer's Agent
Gwen Kelly
Broadmoor Realty, Inc.
List Price
$299,000
Sold Price
$255,000
Premium/Discount to List
-$44,000
-14.72%
Current Estimated Value
$439,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,506
Avg. Annual Appreciation
5.32%
Original Mortgage
$225,000
Outstanding Balance
$198,218
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$157,304

Purchase Details

Closed on
Dec 18, 2017
Sold by
Sonnenberg Louise A
Bought by
Robinson Michael and Robinson Donna

Purchase Details

Closed on
Mar 29, 1995
Sold by
Atkinson Christine J
Bought by
Sharp Hoa Management Inc and Title Insurance & Trust Cos
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
Marin Xochitl $250,000 Stewart Title Company
Robinson Michael $170,000 Ticor Title Company
Sharp Hoa Management Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marin Xochitl $67,000
Open Marin Xochitl $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2019 04/26/19 Sold $255,000 -1.5% $540 / Sq Ft
03/26/2019 03/26/19 Pending -- -- --
03/24/2019 03/24/19 Price Changed $259,000 -3.7% $549 / Sq Ft
03/06/2019 03/06/19 Price Changed $269,000 -2.1% $570 / Sq Ft
02/26/2019 02/26/19 Price Changed $274,900 -1.5% $582 / Sq Ft
02/21/2019 02/21/19 Price Changed $279,000 -3.5% $591 / Sq Ft
02/06/2019 02/06/19 Price Changed $289,000 -3.3% $612 / Sq Ft
02/04/2019 02/04/19 For Sale $299,000 +17.3% $633 / Sq Ft
02/04/2019 02/04/19 Off Market $255,000 -- --
01/24/2019 01/24/19 For Sale $299,000 -- $633 / 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 $3,637 $278,874 $83,661 $195,213
2024 $3,637 $273,407 $82,021 $191,386
2023 $3,572 $268,047 $80,413 $187,634
2022 $3,353 $262,792 $78,837 $183,955
2021 $3,263 $257,641 $77,292 $180,349
2019 $2,289 $173,400 $122,400 $51,000
2018 $1,601 $116,837 $25,959 $90,878
2016 $1,476 $112,301 $24,951 $87,350
2015 $1,424 $110,615 $24,577 $86,038
2014 $1,420 $108,449 $24,096 $84,353
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19018078

California Regional Multiple Listing Service (CRMLS)

APN: 7278-005-098