$542,000
SOLD FEB 8, 2016
2 Beds
1.5 Baths
1,770 Sq Ft
$389/mo HOA Fee

Recently Sold

$306 Per Sq Ft

1% Below List Price

62 Days on Market

Highlights

  • Fitness Center
  • 3-minute walk to 5Th Street Station
  • Contemporary Architecture
  • Long Beach Polytechnic High School Rated A
  • City Lights View
  • 4-minute walk to Harvey Milk Promenade Park

About This Home

As of October 2023

Multi-Level Loft With City Views and Two Separate Bedroom Areas at City Place Lofts. Features Open Layout With 22' Ceilings, Architectural Staircase, Beautiful Hardwood Flooring, Great Natural Light, Granite Counter Tops, Custom Lighting, Deck Off Living/Dining Area, In-Unit Laundry Room, and a Separate Storage Cage. Large Master Bedroom Suite With An Additional Study/Lounge Area. Second Bedroom Area Currently Used As A Media Room. Includes Two Parking Spaces. Amenities Include Fitness Center, Club Room, and Subterranean Parking. Close to Entertainment/Restaurants, the Ocean, Performing Arts Center, The Pike, and East Village Arts District. Walking Distance to the Supermarket, Friday Farmer's Market, and Public Transportation. Pride of Ownership Throughout!

Last Agent to Sell the Property

Mike Dunfee

Engel & Völkers Long Beach License #01191497 Listed on: 11/18/2015

Engel & Völkers Long Beach

Last Buyer's Agent

Chester Chang

Dilbeck Real Estate License #01903081

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,579

Year Built

  • Built in 2006

HOA Fees

  • $389 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,770 Sq Ft Home
  • Living Room
  • Loft
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Two or More Common Walls
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 53306
  • Assessor Parcel Number 7281001021

Community Details

Overview

  • 51 Units

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,579

Year Built

Built in 2006

Lot Details

0

HOA Fees

$389 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7281001021
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1770.00
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: Two
  • Price Per Square Foot: 306.21
  • Room Type: Loft, Living Room

Exterior Features

  • View: City Lights, Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Gym/Ex Room
  • Association Fee: 389.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Urban

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 51
  • Number Of Units Total: 51

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 53306

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2023
Closed on
Sep 15, 2023
Sold by
Kwok Family Irrevocable Trust
Bought by
Bonnell Sara Lorraine and Bonnell Lawrence Eugene
Seller's Agent
Caleb Baldwin
INTI Realty
Buyer's Agent
Nora Fregoso Rodriguez
Realty Executives All Cities
List Price
$725,000
Sold Price
$720,000
Premium/Discount to List
-$5,000
-0.69%
Views
260
Current Estimated Value
$795,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,524
Avg. Annual Appreciation
5.17%
Original Mortgage
$520,000
Outstanding Balance
$507,143
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$288,381

Purchase Details

Listed on
Nov 18, 2015
Closed on
Jan 22, 2016
Sold by
Trevino Samuel G
Bought by
The Kwok Family Irrevocable Trust
Seller's Agent
Mike Dunfee
Engel & Völkers Long Beach
Buyer's Agent
Chester Chang
Dilbeck Real Estate
List Price
$549,000
Sold Price
$542,000
Premium/Discount to List
-$7,000
-1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%

Purchase Details

Closed on
Jun 5, 2008
Sold by
4Th Street Loft Partners Llc
Bought by
Trevino Samuel G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Grant Deed $720,000 Endpoint Title
Grant Deed $542,000 Ticor Title
Grant Deed $500,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $520,000 New Conventional
Previous Owner $335,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2023 10/10/23 Sold $720,000 -0.7% $407 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/12/2023 08/12/23 For Sale $725,000 +33.8% $410 / Sq Ft
02/08/2016 02/08/16 Sold $542,000 -1.3% $306 / Sq Ft
01/19/2016 01/19/16 Pending -- -- --
11/18/2015 11/18/15 For Sale $549,000 -- $310 / 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 $9,579 $734,400 $346,800 $387,600
2024 $9,579 $720,000 $340,000 $380,000
2023 $8,297 $616,697 $244,630 $372,067
2022 $7,791 $604,606 $239,834 $364,772
2021 $7,498 $592,752 $235,132 $357,620
2019 $7,378 $575,173 $228,159 $347,014
2018 $7,199 $563,896 $223,686 $340,210
2016 $6,524 $527,000 $105,000 $422,000
2015 $5,743 $473,000 $94,600 $378,400
2014 $5,404 $438,000 $87,600 $350,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15248890

California Regional Multiple Listing Service (CRMLS)

APN: 7281-001-021