$451,000
SOLD MAR 4, 2021
2 Beds
1 Bath
907 Sq Ft
$260/mo HOA Fee

Recently Sold

$497 Per Sq Ft

4% Above List Price

11 Days on Market

Highlights

  • City Lights View
  • 4-minute walk to Pacific Station
  • Property is near public transit
  • Updated Kitchen
  • 0.17 Acre Lot
  • Quartz Countertops

About This Home

As of March 2021

Charming two-bedroom corner end unit, one bath, pet friendly condo that blends city lights and ocean breezes with comfort and security. Enjoy everything that Long Beach has to offer with this remodeled third floor unit located in the historic Drake Park / Wilmore area of Downtown Long Beach. Uncluttered and airy, this unit features laminate floors throughout and a patio off of the living room and second bedroom. Perfect for budding chefs, the updated kitchen features quartz countertops, tile floors and stainless steel appliances (Stove, Dishwasher, Refrigerator and Microwave INCLUDED). The quaint dining area with natural light and large living room are perfect for entertaining. Convenient laundry closet in the hallway (washer/dryer INCLUDED) perfectly sits outside of master and second bedroom. Spacious and bright master bedroom features a large walk-in closet with bathroom access. Second bedroom has access to the patio and sizable closet. Bath has quartz countertop, linen closet, tile floor and convenient double access from entrance hallway and master bedroom. The added bonus of this unit is the large double car garage inside the secured building courtyard (gate is remote operated). Low HOA includes water, trash, sewage and building cleaning crew. Close to all the great attractions: Queen Mary, Shoreline Village, Pine Ave, Pike, Beaches and Convention Center. Bike/walk friendly and minutes away from Metro Blue Line stop. Take the virtual tour at https://vimeo.com/502050095

Last Agent to Sell the Property

Michael Fratino

Blue Window Realty License #02039875 Listed on: 01/18/2021

Last Buyer's Agent

William Zhan Shum

Keller Williams Pacific Estates La Mirada License #02067662

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,192

Year Built

  • Built in 1985 | Remodeled

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Automatic Gate

Home Design

  • Turnkey
  • Composition Roof

Interior Spaces

  • 907 Sq Ft Home
  • Living Room
  • Laminate Flooring
  • City Lights Views

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Oven
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Quartz Bathroom Countertops
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Living Room Balcony
  • Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating
  • Cable TV Available

Additional Features

  • Accessible Parking
  • No Common Walls
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 42862
  • Assessor Parcel Number 7280012034

Community Details

Overview

  • 7 Units
  • Melrose Way Association, Phone Number (818) 778-3331
  • HOA Organizers HOA
  • Downtown Subdivision

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,192

Year Built

Built in 1985 | Remodeled

Lot Details

0

HOA Fees

$260 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: LBR4N
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7280012034
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 907.00 Square Feet
  • Interior Amenities: Balcony, Living Room Balcony
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 497.24
  • Room Type: Kitchen, Laundry, Living Room, Master Bedroom, Walk-In Closet
  • Bathroom Features: Shower In Tub, Linen Closet/Storage, Quartz Counters, Remodeled
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Microwave, Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Water
  • Association Fee: 260.00
  • Association Fee Frequency: Monthly
  • Association Name: Melrose Way
  • Phone: (818) 778-3331
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
  • Association Management: HOA Organizers

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 7215.00
  • Lot Size Acres: 0.1656

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7215.0000 Square Feet
  • Number Of Units In Community: 7
  • Number Of Units Total: 7

Tax Info

  • Tax Census Tract: 5759.02
  • Tax Lot: 1
  • Tax Tract Number: 42862

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2021
Closed on
Feb 8, 2021
Sold by
Hok Eileen
Bought by
Jaffrani Danial and Jaffrani Adrianna
Seller's Agent
Michael Fratino
Blue Window Realty
Buyer's Agent
William Zhan Shum
Keller Williams Pacific Estates La Mirada
List Price
$435,000
Sold Price
$451,000
Premium/Discount to List
$16,000
3.68%
Current Estimated Value
$508,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,094
Avg. Annual Appreciation
3.00%
Original Mortgage
$383,350
Outstanding Balance
$346,755
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$166,906

Purchase Details

Listed on
Mar 19, 2015
Closed on
Apr 6, 2015
Sold by
Serge Nelson A
Bought by
Hok Eileen
Seller's Agent
Scott Kato
Circle Real Estate
Buyer's Agent
Samantha Wong-Nguon
Samantha Wong-Nguon, Broker
List Price
$259,900
Sold Price
$265,000
Premium/Discount to List
$5,100
1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%
Original Mortgage
$212,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 8, 2014
Closed on
Jan 23, 2014
Sold by
Rancho Horizon Llc
Bought by
Serge Nelson A and Sergieva Milena N
Seller's Agent
Valerie Taylor
Valerie Taylor, Broker
Buyer's Agent
Scott Kato
Circle Real Estate
List Price
$199,990
Sold Price
$194,500
Premium/Discount to List
-$5,490
-2.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.86%
Original Mortgage
$155,600
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 29, 2013
Closed on
Nov 5, 2013
Sold by
Griffin Ian
Bought by
Rancho Horizon Llc
Seller's Agent
Beatrix Whipple
Keller Williams Pacific Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$150,000
Sold Price
$151,500
Premium/Discount to List
$1,500
1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
96.45%
Original Mortgage
$9,000,000
Interest Rate
4.08%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Aug 29, 2013
Closed on
Sep 24, 2013
Sold by
Griffin Gena
Bought by
Griffin Ian
Seller's Agent
Beatrix Whipple
Keller Williams Pacific Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$150,000
Sold Price
$151,500
Premium/Discount to List
$1,500
1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,000,000
Interest Rate
4.08%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Aug 29, 2013
Closed on
Sep 20, 2013
Sold by
Bradshaw Chris
Bought by
Griffin Ian
Seller's Agent
Beatrix Whipple
Keller Williams Pacific Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$150,000
Sold Price
$151,500
Premium/Discount to List
$1,500
1%

Purchase Details

Closed on
Feb 13, 2006
Sold by
Chryss Mark and Chryss Alicia J
Bought by
Bradshaw Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.19%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 28, 2005
Sold by
Tharp Ronny R
Bought by
Chryss Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
5.37%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 17, 1998
Sold by
Hud
Bought by
Tharp Ronny R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
6.77%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 15, 1998
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Jan 16, 1998
Sold by
Tejeira Jesus A and Tejeira Anita M
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Jun 9, 1995
Sold by
Hud
Bought by
Tejeira Jesus A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
7.9%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 26, 1994
Sold by
Barclaysamerican/Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Jul 8, 1994
Sold by
Clemmensen Torben
Bought by
T C Enterprises Of Broward Inc
Source: Public Records

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Range of Values:

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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 $451,000 Lawyers Title
Grant Deed $265,000 Ticor Title Company
Grant Deed $194,500 Title 365
Quit Claim Deed -- Title 365
Interfamily Deed Transfer -- Ticor Title
Grant Deed $151,500 Ticor Title
Grant Deed $355,000 Chicago Title Co
Grant Deed $289,000 North American Title Co
Grant Deed $50,000 --
Grant Deed -- Fidelity National Title Ins
Trustee Deed $66,057 Fidelity National Title Ins
Grant Deed $57,500 California Counties Title Co
Corporate Deed -- Northern Counties Title Ins
Trustee Deed $124,437 South Coast Title
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $383,350 New Conventional
Previous Owner $212,000 New Conventional
Previous Owner $155,600 New Conventional
Previous Owner $9,000,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $284,000 Stand Alone First
Previous Owner $289,000 Stand Alone First
Previous Owner $37,500 FHA
Previous Owner $57,000 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2021 03/04/21 Sold $451,000 +3.7% $497 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $435,000 +64.2% $480 / Sq Ft
05/05/2015 05/05/15 Sold $265,000 +2.0% $292 / Sq Ft
04/03/2015 04/03/15 Pending -- -- --
03/19/2015 03/19/15 For Sale $259,900 +33.6% $287 / Sq Ft
02/13/2014 02/13/14 Sold $194,500 -2.7% $214 / Sq Ft
01/13/2014 01/13/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $199,990 +32.0% $220 / Sq Ft
09/30/2013 09/30/13 Sold $151,500 0.0% $167 / Sq Ft
09/10/2013 09/10/13 Pending -- -- --
09/05/2013 09/05/13 Off Market $151,500 -- --
08/29/2013 08/29/13 For Sale $150,000 -1.0% $165 / Sq Ft
08/27/2013 08/27/13 Off Market $151,500 -- --
07/17/2013 07/17/13 For Sale $150,000 -1.0% $165 / Sq Ft
07/12/2013 07/12/13 Off Market $151,500 -- --
07/10/2013 07/10/13 Price Changed $150,000 -24.6% $165 / Sq Ft
06/20/2013 06/20/13 For Sale $199,000 -- $219 / 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 $6,192 $478,604 $308,705 $169,899
2023 $6,088 $469,220 $302,652 $166,568
2022 $5,712 $460,020 $296,718 $163,302
2021 $3,733 $294,229 $115,026 $179,203
2020 $3,723 $291,213 $113,847 $177,366
2019 $3,680 $285,504 $111,615 $173,889
2018 $3,584 $279,907 $109,427 $170,480
2016 $3,298 $269,040 $105,179 $163,861
2015 $2,417 $198,385 $42,839 $155,546
2014 $2,239 $180,000 $124,000 $56,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21011599

California Regional Multiple Listing Service (CRMLS)

APN: 7280-012-034