NOT LISTED FOR SALE

Estimated Value: $366,000 - $421,000

1 Bed
1 Bath
603 Sq Ft
$262/mo HOA Fee

Last Sold December 16, 2020

Last sale price $349,000 $579 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,802/month

68 Days on Market

Highlights

  • Gated Parking
  • Bamboo Flooring
  • Living Room Balcony
  • 0.33 Acre Lot
  • Covered patio or porch
  • Crown Molding

About This Home

As of December 2020

Upgraded 1 bed/1 bath condo in Downtown Long Beach with 2 Parking Spots! The unit has central Air Conditioning & Heating, and onsite laundry facilities. The building is very secure with an access code entry system, covered, gated parking garage, & locked bike storage room. Unit features crown moldings, hardwood floors, modern kitchen w/granite countertops & natural stone floor, natural stone vanity & matching bath, & private, newly remodeled balcony. Quick access to the 710 freeway makes it a prime location for commuters. The courtyard features a peaceful & shady palm tree garden, giving the complex its signature name. Located in a quiet & respectful complex of only 16 units in total, this is a very friendly community of other condo owners & includes a professional HOA management company. Water & Trash included in HOA fee. This condo comes w/2 parking spaces, 1 in the community parking structure and the other assigned outside of the condo. Nestled in a prime location in downtown Long Beach, walking distance to the newly renovated courthouse, Long Beach Aquarium, the bustling nightlife of Pine Ave & shopping at The Pike. Downtown Long Beach hosts many events, like the Long Beach Grand Prix, and is one of the few cities to still honor the 4th of July with fireworks from The Queen Mary. Long Beach supports a thriving art and makers community, LGBT+ community, & foodie scene, including many vegan and organic food restaurants

Last Agent to Sell the Property

Steven Sievers

eXp Realty of California, Inc. License #01884289 Listed on: 09/02/2020

eXp Realty of California, Inc.

Last Buyer's Agent

Christina Curnyn

Christina Curnyn, Broker License #01365725

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,826

Year Built

  • Built in 1990

Lot Details

  • Two or More Common Walls
  • West Facing Home
  • Density is 16-20 Units/Acre

HOA Fees

  • $262 Monthly HOA Fees

Home Design

  • Stucco

Interior Spaces

  • 603 Sq Ft Home
  • Crown Molding
  • Recessed Lighting
  • Combination Dining and Living Room
  • Storage
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave

Flooring

  • Bamboo
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Makeup or Vanity Space
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Home Security

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Available
  • Gated Parking
  • Parking Lot
  • Assigned Parking
  • Community Parking Structure

Outdoor Features

  • Living Room Balcony
  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Overhead Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 51654
  • Assessor Parcel Number 7272023142

Community Details

Overview

  • 16 Units
  • 6Th St Palm, Inc Association, Phone Number (310) 499-9216
  • Community Association Spe HOA

Amenities

  • Trash Chute
  • Laundry Facilities

Security

  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,826

Year Built

Built in 1990

Lot Details

0

HOA Fees

$262 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Other Phone Description: 951-777-0316
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Fire Sprinkler System, Smoke Detector(s)
  • Subdivision Name Other: The Palms
  • View: No
  • Zoning: LBPD10
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7272023142
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 603.00 Square Feet
  • Interior Amenities: Balcony, Crown Molding, Living Room Balcony, Recessed Lighting, Storage, Trash Chute, Unfurnished
  • Common Walls: 2+ Common Walls
  • Flooring: Bamboo, Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: In Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 578.77
  • Room Type: Living Room
  • Bathroom Features: Low Flow Toilet(s), Shower, Shower In Tub, Exhaust Fan(s), Vanity Area

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Gated, Parking Space
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Water
  • Association Fee: 262.16
  • Association Fee Frequency: Monthly
  • Association Name: 6th St Palm, INC
  • Phone: 310-499-9216
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Community Association Spe

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre, Utilities - Overhead
  • Lot Size Sq Ft: 14459.00
  • Lot Size Acres: 0.3319

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14459.0000 Square Feet
  • Number Of Units In Community: 16
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5759.02
  • Tax Lot: 1
  • Tax Tract Number: 51654

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
Nov 17, 2020
Sold by
Yamaka Kristin Akemi
Bought by
Ditmer Erica Noelle
Seller's Agent
Steven Sievers
eXp Realty of California, Inc.
Buyer's Agent
Christina Curnyn
Christina Curnyn, Broker
List Price
$365,000
Sold Price
$349,000
Premium/Discount to List
-$16,000
-4.38%
Current Estimated Value
$390,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,412
Avg. Annual Appreciation
2.69%
Original Mortgage
$342,678
Outstanding Balance
$305,788
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$89,069

Purchase Details

Closed on
Apr 18, 2012
Sold by
Yamaka Kristin Akemi
Bought by
Yamaka Kristin Akemi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,799
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 2009
Sold by
Fdic
Bought by
Yamaka Kristin Akemi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,494
Interest Rate
5.59%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 5, 2008
Sold by
Mccoy Joseph Allen
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
Oct 20, 2004
Sold by
Mccoy Mildred
Bought by
Mccoy Joseph Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,600
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2004
Sold by
Palms Long Beach Llc
Bought by
Mccoy Joseph Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,600
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2004
Sold by
Building Exchange Co
Bought by
Palms Long Beach Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,030,000
Interest Rate
6.29%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 29, 2004
Sold by
Maliksi Edgardo J and Maliksi Erlinda R
Bought by
Building Exchange Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,030,000
Interest Rate
6.29%
Mortgage Type
Construction

Purchase Details

Closed on
May 20, 2003
Sold by
Brunner Clyde W and Meyer Georges
Bought by
Maliksi Edgardo J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,638,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Ditmer Erica Noelle $349,000 Priority Title
Yamaka Kristin Akemi -- First American Title Company
Yamaka Kristin Akemi $135,000 Chicago Title Company
Indymac Bank Fsb $193,026 Accommodation
Mccoy Joseph Allen -- Investors Title Company
Mccoy Joseph Allen $242,500 Investors Title Company
Palms Long Beach Llc $3,000,000 Commonwealth Land Title Co
Building Exchange Co -- --
Maliksi Edgardo J $2,340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ditmer Erica Noelle $342,678
Previous Owner Yamaka Kristin Akemi $125,799
Previous Owner Yamaka Kristin Akemi $130,494
Previous Owner Mccoy Joseph Allen $193,600
Previous Owner Palms Long Beach Llc $3,030,000
Previous Owner Maliksi Edgardo J $1,638,000
Closed Mccoy Joseph Allen $48,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2020 12/16/20 Sold $349,000 0.0% $579 / Sq Ft
10/22/2020 10/22/20 Price Changed $349,000 -4.4% $579 / Sq Ft
09/02/2020 09/02/20 For Sale $365,000 -- $605 / 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 $4,826 $377,766 $248,958 $128,808
2024 $4,826 $370,360 $244,077 $126,283
2023 $4,744 $363,099 $239,292 $123,807
2022 $4,451 $355,980 $234,600 $121,380
2021 $4,364 $349,000 $230,000 $119,000
2020 $2,119 $159,331 $112,123 $47,208
2019 $2,094 $156,208 $109,925 $46,283
2018 $2,035 $153,146 $107,770 $45,376
2016 $1,875 $147,201 $103,586 $43,615
2015 $1,802 $144,991 $102,031 $42,960
2014 $1,795 $142,152 $100,033 $42,119
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW20181725

California Regional Multiple Listing Service (CRMLS)

APN: 7272-023-142