$185,000
SOLD NOV 3, 2012

388 E Ocean Blvd Unit 214 Long Beach, CA 90802

Downtown Neighborhood
1 Bed
1 Bath
680 Sq Ft
$500/mo HOA Fee

Recently Sold

$272 Per Sq Ft

6% Above List Price

10 Days on Market

Highlights

  • Fitness Center
  • 5-minute walk to 1St Street Station
  • 1.07 Acre Lot
  • In Ground Pool
  • City Lights View
  • Sauna

About This Home

As of July 2015

New in 2004 Aqua Towers 1 bedroom city view stunner! This home offers all of the convenience of Downtown living. This full service building offers 24 hr guard/concierge, pool, spa, gym, sundeck, BBQ area, Business center and recreation room as well as included internet service and more. With nearby shopping, dining, coffee houses, beaches and metro link just steps from your front door this truly embodies urban living at its finest!This open floor plan offers dual paned windows,10ft ceilings,concrete walls and construction for superior noise isolation, GE appliances, granite counter tops, custom cabinetry with european hinges, full sized washer/dryer,marble floors in the bathroom, slate floors in the entryway and kitchen and a full size balcomny off the living room. This is a must see and a great value in the amazing Aqua Towers.

Last Agent to Sell the Property

Jack Tanner

Beach Cities Properties, Inc. License #01383525 Listed on: 04/10/2012

Last Buyer's Agent

Kelly Tap

Keller Williams Pacific Estate License #01806412

Keller Williams Pacific Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,697

Year Built

  • Built in 2004

HOA Fees

Parking

  • Subterranean Parking
  • Parking Available

Home Design

  • Common Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 680 Sq Ft Home
  • Fireplace
  • Double Pane Windows
  • City Lights Views
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Additional Features

  • Balcony
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 1.07
  • Tax Tract Number 53405
  • Assessor Parcel Number 7278017064

Community Details

Overview

  • 289 Units
  • Association Phone (562) 495-1425
  • Built by Aqua Towers

Amenities

  • Sauna

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,697

Year Built

Built in 2004

Lot Details

0

HOA Fees

$500 per month

Parking

1

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 562-961-1673
  • Property Attached: Yes
  • Subdivision Name Other: Aqua Towers
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7278017064
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 680.00
  • Interior Amenities: Balcony
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: In Kitchen
  • Levels: One
  • Price Per Square Foot: 272.06
  • Spa Features: Association
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: No
  • View: City Lights
  • Fence: No
  • Builder Name: Aqua Towers
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Common Roof
  • Spa: Yes
  • Construction Materials: Concrete

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Heating Type: Central
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Biking Trails, Gym/Ex Room, Pool, Sauna, Spa/Hot Tub
  • Association Fee: 353.00
  • Association #2 Fee: 147.00
  • Association Fee Frequency: Monthly
  • Phone: 562-495-1425
  • Senior Community: No

Schools

  • School District: Long Beach Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 46487.00
  • Lot Size Acres: 1.0670

Multi Family

  • Lease Considered: No
  • Lot Size Area: 46487.0000 Square Feet
  • Number Of Units In Community: 289
  • Number Of Units Total: 289

Tax Info

  • Tax Lot: 1.07
  • Tax Tract Number: 53405

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2015
Closed on
Jun 3, 2015
Sold by
Wong Rith and Chheng Rith
Bought by
Corpuz Elizabeth
Seller's Agent
Kelly Tap
Keller Williams Pacific Estate
Buyer's Agent
Desiree Vavak
North American Realty
List Price
$289,900
Sold Price
$305,000
Premium/Discount to List
$15,100
5.21%
Total Days on Market
10
Current Estimated Value
$494,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,539
Avg. Annual Appreciation
5.01%
Original Mortgage
$289,750
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 10, 2012
Closed on
Oct 22, 2012
Sold by
Anderson Aaron and Sanes Rachel Grace
Bought by
Chheng Rith
Seller's Agent
Jack Tanner
Beach Cities Properties, Inc.
Buyer's Agent
Kelly Tap
Keller Williams Pacific Estate
List Price
$175,000
Sold Price
$185,000
Premium/Discount to List
$10,000
5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.34%
Original Mortgage
$175,750
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2006
Sold by
350 Ocean Tower I Llc
Bought by
Anderson Aaron and Sanes Rachel Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,651
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $305,000 Chicago Title
Interfamily Deed Transfer -- Chicago Title
Grant Deed $185,000 First American Title Company
Grant Deed $380,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $264,070 New Conventional
Closed $289,750 New Conventional
Previous Owner $175,750 New Conventional
Previous Owner $303,651 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2015 07/16/15 Sold $305,000 -1.6% $449 / Sq Ft
06/02/2015 06/02/15 Pending -- -- --
05/29/2015 05/29/15 Price Changed $310,000 +6.9% $456 / Sq Ft
05/16/2015 05/16/15 For Sale $289,900 +56.7% $426 / Sq Ft
11/03/2012 11/03/12 Sold $185,000 +5.7% $272 / Sq Ft
04/20/2012 04/20/12 Pending -- -- --
04/10/2012 04/10/12 For Sale $175,000 -- $257 / 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 $4,697 $353,972 $237,916 $116,056
2023 $4,615 $347,032 $233,251 $113,781
2022 $4,331 $340,228 $228,678 $111,550
2021 $4,235 $333,558 $224,195 $109,363
2019 $4,173 $323,667 $217,547 $106,120
2018 $4,084 $317,322 $213,282 $104,040
2016 $3,763 $305,000 $205,000 $100,000
2015 $2,286 $189,551 $128,075 $61,476
2014 $2,272 $185,839 $125,567 $60,272
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P818297

California Regional Multiple Listing Service (CRMLS)

APN: 7278-017-064