$465,150
SOLD JUL 11, 2017

388 E Ocean Blvd Unit 305 Long Beach, CA 90802

Downtown Neighborhood
2 Beds
2 Baths
1,120 Sq Ft
$569/mo HOA Fee

Recently Sold

$415 Per Sq Ft

5 Days on Market

Highlights

  • Fitness Center
  • 5-minute walk to 1St Street Station
  • Clubhouse
  • Gated Parking
  • City Lights View
  • Property is near a park

About This Home

As of March 2021

LUXURY LIVING AT THE AQUA. TREAT YOURSELF. ALL YOURS. ALL THE TIME.
Spectacular luxurious Aqua high-rise corner location condo in downtown Long Beach. Highly sought after prime Ocean Blvd. City view. 2 full sized bedrooms on opposite sides of the home with on-suite full sized bathrooms! 2 full size parking spaces. Upgrades galore! Granite counter tops. Laminate wood floors in living areas except bedroom. Modern open kitchen with stainless steel appliance package!
Huge custom walk-in closet in bedroom. Custom paint throughout. Upgraded fixtures! Slate in kitchen & tile in bathroom. Oven, refrigerator, dishwasher, full sized washer & dryer & microwave. Tiled backsplash. Lots of storage space. City views!. Bedroom balcony . FIOS Internet service incld. Bldg. offers 1st class amenities such as a 24 hr concierge, swimming pool, Jacuzzi, sauna, outside grill, sun bathing area, complete gym exercise room, large size club room w/ full kitchen, flat panel TV, couch & chairs, refrigerator & 2 office rooms w/ computers, internet access & printer. Bicycle Storage. 0-5 blocks away from everything!(beach, boardwalk, restaurants, museums, grocery stores, shopping, freeways & entertainment, annual Grand Prix, Laugh Factory, The Pike, Nike, H & M outlets, marina, Queen Mary, jet skis, paddle boarding, Pine Ave, Belmont Shores & more!)

Last Agent to Sell the Property

Aaron Duckett

Duck Group Real Estate License #01812083 Listed on: 06/03/2017

Last Buyer's Agent

Bill Etchegaray

Century 21 Affiliated License #01139672

Century 21 Affiliated

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,118

Year Built

  • Built in 2004

HOA Fees

  • $569 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Gated Parking
  • Parking Lot

Interior Spaces

  • 1,120 Sq Ft Home
  • City Lights Views

Kitchen

  • Electric Oven
  • Range Hood
  • <<microwave>>
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Water Purifier
  • Sewer Paid

Additional Features

  • Exterior Lighting
  • 1 Common Wall
  • Property is near a park

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 64507
  • Assessor Parcel Number 7278017072

Community Details

Overview

  • Aqua Management Association, Phone Number (562) 495-1425

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,118

Year Built

Built in 2004

Lot Details

0

HOA Fees

$569 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Maintained
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7278017072
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1120.00 Square Feet
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 415.31
  • Room Type: All Bedrooms Down

Exterior Features

  • View: City Lights
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Gated, Parking Space, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Freezer, Disposal, Ice Maker, Microwave, Range Hood, Water Purifier
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Barbecue, Gym/Ex Room, Clubhouse
  • Association Fee: 569.00
  • Association Fee Frequency: Monthly
  • Association Name: AQUA Management
  • Phone: 562-495-1425
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby

Multi Family

  • Lease Considered: Yes
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 64507

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2021
Closed on
Mar 2, 2021
Sold by
Kalathil Nandakumar and Kalathil Lekha
Bought by
Groner Myles
Seller's Agent
Beatrix Whipple
Keller Williams Pacific Estate
Buyer's Agent
Paul Armstrong
Realty Network
List Price
$589,000
Sold Price
$589,000
Current Estimated Value
$740,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,679
Avg. Annual Appreciation
5.51%
Original Mortgage
$471,200
Outstanding Balance
$427,821
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$312,858

Purchase Details

Closed on
Feb 10, 2020
Sold by
Kalathil Nandakumar and Kalathil Lekha
Bought by
Kalathil Nandakumar and Kalathil Lekha

Purchase Details

Listed on
May 13, 2019
Closed on
Jul 10, 2019
Sold by
Florescu Florin Virgil
Bought by
Kalathil Nandakumar E and Kalathil Lekha
Seller's Agent
Bill Etchegaray
Century 21 Affiliated
Buyer's Agent
Karin McGinley
Home Smart Realty Group
List Price
$569,000
Sold Price
$550,000
Premium/Discount to List
-$19,000
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%
Original Mortgage
$150,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2017
Closed on
Jun 28, 2017
Sold by
Florescu Nicoleta A
Bought by
Florescu Florin Virgil
Seller's Agent
Aaron Duckett
Duck Group Real Estate
Buyer's Agent
Bill Etchegaray
Century 21 Affiliated
List Price
$465,000
Sold Price
$465,150
Premium/Discount to List
$150
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%

Purchase Details

Listed on
Jun 3, 2017
Closed on
Jun 12, 2017
Sold by
Shen Richard
Bought by
Florescu Florin Virgil
Seller's Agent
Aaron Duckett
Duck Group Real Estate
Buyer's Agent
Bill Etchegaray
Century 21 Affiliated
List Price
$465,000
Sold Price
$465,150
Premium/Discount to List
$150
0.03%

Purchase Details

Closed on
Apr 7, 2009
Sold by
Taylor Timothy
Bought by
Shen Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2006
Sold by
350 Ocean Tower I Llc
Bought by
Taylor Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,303
Interest Rate
6.12%
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 Type Sale Price Title Company
Grant Deed $589,000 Ticor Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $550,000 First American Title Company
Interfamily Deed Transfer -- First American Title Company
Grant Deed $465,500 First American Title Company
Grant Deed $300,000 Fidelity National Title Co
Grant Deed $500,500 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $471,200 New Conventional
Previous Owner $150,000 New Conventional
Previous Owner $207,000 New Conventional
Previous Owner $225,000 Purchase Money Mortgage
Previous Owner $78,050 Stand Alone Second
Previous Owner $416,303 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $589,000 0.0% $526 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
02/15/2021 02/15/21 For Sale $589,000 +7.1% $526 / Sq Ft
07/31/2019 07/31/19 Sold $550,000 0.0% $491 / Sq Ft
06/20/2019 06/20/19 Price Changed $549,900 -3.4% $491 / Sq Ft
05/13/2019 05/13/19 For Sale $569,000 0.0% $508 / Sq Ft
01/02/2018 01/02/18 Rented $2,550 +2.0% --
12/06/2017 12/06/17 Under Contract -- -- --
11/10/2017 11/10/17 Price Changed $2,500 -3.8% $2 / Sq Ft
10/30/2017 10/30/17 For Rent $2,600 0.0% --
07/11/2017 07/11/17 Sold $465,150 0.0% $415 / Sq Ft
06/08/2017 06/08/17 Pending -- -- --
06/03/2017 06/03/17 For Sale $465,000 0.0% $415 / Sq Ft
07/09/2016 07/09/16 Rented $2,500 0.0% --
06/16/2016 06/16/16 Under Contract -- -- --
05/29/2016 05/29/16 For Rent $2,500 +4.2% --
12/08/2015 12/08/15 Rented $2,400 0.0% --
12/08/2015 12/08/15 Under Contract -- -- --
11/27/2015 11/27/15 For Rent $2,400 -- --
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 $8,118 $625,050 $212,241 $412,809
2023 $7,979 $612,795 $208,080 $404,715
2022 $7,485 $600,780 $204,000 $396,780
2021 $6,928 $555,697 $222,279 $333,418
2020 $6,909 $550,000 $220,000 $330,000
2019 $6,047 $474,810 $189,210 $285,600
2018 $5,917 $465,500 $185,500 $280,000
2016 $4,046 $326,342 $97,901 $228,441
2015 $3,885 $321,441 $96,431 $225,010
2014 $3,857 $315,146 $94,543 $220,603
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17124632

California Regional Multiple Listing Service (CRMLS)

APN: 7278-017-072