NOT LISTED FOR SALE

Estimated Value: $651,000 - $795,000

2 Beds
2 Baths
912 Sq Ft
0.8 Acres

Last Sold June 10, 2017

Last sale price $540,000 $592 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,301/month

Highlights

  • Ocean View
  • 35,003 Sq Ft lot
  • Central Heating
  • Lowell Elementary School Rated A-
  • Laundry Room
  • Dogs and Cats Allowed

About This Home

As of May 2018

LOCATION! LOCATION! LOCATION! Beautifully updated, top floor 2bed 2bath stylish condo, located in the highly sought-after Belmont Shore neighborhood. This move-in ready beachfront home features marble and laminate flooring, recessed lighting, crown molding, fresh new paint, granite counter tops and stainless steel appliances, include refrigerator, dishwasher, stove and pull-out microwave. The kitchen and bathrooms are gorgeously appointed with stylish fixtures and materials, giving them modern chic design. The open floor plan gives this home a much more spacious feel and is great for entertaining guests. The enormous window in the living room allows for plenty of natural light into the space. Enjoy your morning coffee out on your balcony, bask in the sun on the sundeck then stroll along the beach to Rosie’s Dog Beach, relax & unwind in the spa, cozy up next to the fire pit while barbecuing with your family and friends. Walk to 2nd St. Belmont Shore shops and restaurants or bike there on your beach cruiser (stored in one of the bike rooms). This unit comes with 1 assigned parking. Beach living offers you so many fun activities and events happening in close proximity to this home. A 2-bedroom condo in this complex rarely comes up for rent. Amazing opportunity to lease a beachfront property in a highly desirable neighborhood only steps from the sand and live the beach life.

Last Agent to Rent the Property

David Haas

Ernst & Haas Mngmnt Co., Inc. License #01126617 Listed on: 04/11/2018

Last Renter's Agent

David Haas

Ernst & Haas Mngmnt Co., Inc. License #01126617 Listed on: 04/11/2018

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,862

Year Built

  • Built in 1971

Lot Details

  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Property Views

  • Ocean
  • Coastline
  • Neighborhood

Home Design

  • 912 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Central Heating

Listing and Financial Details

  • Security Deposit $2,300
  • Rent includes gas, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 4/23/18
  • Assessor Parcel Number 7256002077

Community Details

Overview

  • Property has a Home Owners Association
  • 71 Units

Amenities

  • Laundry Facilities

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $500
  • Dogs and Cats Allowed
  • Breed Restrictions

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,862

Year Built

Built in 1971

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2018-04-23
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 2300
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK, Number Limit, Size Limit
  • Transfer Fee Paid By: Owner

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Belmont Shore (BSD)
  • View: Yes
  • Zoning: LBPD2
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7256002077
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 912.00 Square Feet
  • Common Walls: 2+ Common Walls
  • 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: 2.63
  • Room Type: Master Bedroom

Exterior Features

  • View: Coastline, Neighborhood, Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 35003.00

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 71
  • Number Of Units Total: 1
  • Rent Includes: Gas, Trash Collection, Water

Tax Info

  • Tax Census Tract: 5772.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2019
Sold by
Kulasegaram Niomie Anton
Bought by
Krishnakumar Sivashankar
Current Estimated Value
$695,326

Purchase Details

Listed on
Apr 26, 2017
Closed on
May 10, 2017
Sold by
Liboon Glenn Kuson
Bought by
Krishnakumar Sivashankar and Kulasegaram Niomie Anton
Seller's Agent
Glenn Liboon
Proper Real Estate
Buyer's Agent
Jose Martinez
NEW CENTURY/DE MAR REALTY SERV
List Price
$529,000
Sold Price
$540,000
Premium/Discount to List
$11,000
2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.06%
Original Mortgage
$484,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2005
Sold by
Monaco Kristen A
Bought by
Liboon Glenn Kuson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,400
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2002
Sold by
Buckless Frances S
Bought by
Monaco Kristen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
6.78%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Krishnakumar Sivashankar -- None Listed On Document
Krishnakumar Sivashankar $540,000 First American Title
Liboon Glenn Kuson $443,000 Fidelity National Title
Monaco Kristen A $225,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krishnakumar Sivashankar $484,000
Previous Owner Liboon Glenn Kuson $354,400
Previous Owner Monaco Kristen A $213,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/11/2018 05/11/18 Rented $2,395 0.0% --
04/24/2018 04/24/18 Price Changed $2,395 -4.0% $3 / Sq Ft
04/11/2018 04/11/18 For Rent $2,495 0.0% --
06/10/2017 06/10/17 Sold $540,000 +2.1% $592 / Sq Ft View Prior Sale
05/07/2017 05/07/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $529,000 -- $580 / 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 $7,862 $626,710 $348,173 $278,537
2024 $7,862 $614,423 $341,347 $273,076
2023 $7,731 $602,376 $334,654 $267,722
2022 $7,250 $590,566 $328,093 $262,473
2021 $7,110 $578,987 $321,660 $257,327
2019 $7,008 $561,816 $312,120 $249,696
2018 $6,850 $550,800 $306,000 $244,800
2016 $4,900 $415,000 $320,000 $95,000
2015 $4,770 $415,000 $320,000 $95,000
2014 $4,315 $370,000 $284,300 $85,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18082387

California Regional Multiple Listing Service (CRMLS)

APN: 7256-002-077