NOT LISTED FOR SALE

Estimated Value: $473,000 - $500,000

2 Beds
2 Baths
884 Sq Ft
$246/mo HOA Fee

Last Sold April 06, 2016

Last sale price $276,000 $312 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,244/month

26 Days on Market

Highlights

  • Automatic Gate
  • Main Floor Bedroom
  • End Unit
  • Bamboo Flooring
  • Mediterranean Architecture
  • Granite Countertops

About This Home

As of April 2016

Beautiful 2 Bedrooms, 2 bathrooms condo in one of the nicer buildings in downtown Long Beach. Built in 1990, it has gated garage with 2 side by side parking spaces. Kitchen has granite counter top, living room has bamboo wood floor. It also has Central A/C and Patio for BBQ .Close to Pine St, shops, restaurants, entertainments and walking distance to the Marina. Easy access to Freeways.

Last Agent to Sell the Property

Christopher Ong

Premier Realty Associates License #01254648 Listed on: 01/09/2016

Premier Realty Associates

Last Buyer's Agent

Chris Teer

Vista Sotheby’s International Realty License #01756396

Vista Sotheby’s International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,224

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • End Unit
  • 1 Common Wall
  • On-Hand Building Permits

HOA Fees

  • $246 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Side by Side Parking
  • Automatic Gate
  • Assigned Parking

Home Design

  • Mediterranean Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 884 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Recessed Lighting
  • Double Pane Windows
  • Entryway
  • Combination Dining and Living Room
  • Storage
  • Laundry Room
  • Termite Clearance
  • Granite Countertops

Flooring

  • Bamboo
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Living Room Balcony
  • Enclosed patio or porch
  • Exterior Lighting

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 51654
  • Assessor Parcel Number 7272023143

Community Details

Overview

  • 16 Units

Additional Features

  • Laundry Facilities
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,224

Year Built

Built in 1990 | Remodeled

Lot Details

0

HOA Fees

$246 per month

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Stove, Refrigerator.
  • Other Phone Description: 714-488-6990
  • Other Phone Number: 714-488-6990
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Automatic Gate, Smoke Detector(s)
  • Subdivision Name Other: Downtown (DT)
  • View: No
  • Architectural Style: Mediterranean
  • Property Condition: Building Permit, Updated/Remodeled, Termite Clearance
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7272023143
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 884.00
  • Interior Amenities: Balcony, Crown Molding, Granite Counters, Living Room Balcony, Recessed Lighting, Storage
  • Stories: 2
  • Entry Location: Ground Level With Steps,Main Level
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Bamboo, Carpet, Stone, Tile
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: In Living Room
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 312.22
  • Room Type: Entry, Master Bedroom, Main Floor Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Patio And Porch Features: Covered, Enclosed, Tile
  • Pool Private: No
  • Roof: Flat, Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Covered, Gated, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Sewer Available
  • Laundry: Yes
  • Laundry Features: Community
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 246.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 16
  • Number Of Units Total: 16

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 51654

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2016
Closed on
Feb 24, 2016
Sold by
Palopo Kee
Bought by
Atel Rushabh
Seller's Agent
Christopher Ong
Premier Realty Associates
Buyer's Agent
Chris Teer
Vista Sotheby’s International Realty
List Price
$279,900
Sold Price
$276,000
Premium/Discount to List
-$3,900
-1.39%
Current Estimated Value
$483,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,359
Avg. Annual Appreciation
6.25%
Original Mortgage
$207,000
Outstanding Balance
$164,124
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$322,200

Purchase Details

Closed on
Nov 3, 2008
Sold by
Palopo Anne
Bought by
Palopo Kee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,750
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2008
Sold by
Edwards Ronald Wallace and Burrows Michelle
Bought by
Palopo Kee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,750
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2007
Sold by
Kauffman Robert Wayne and Kauffman Loara Lyn
Bought by
Edwards Ronald Wallace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2004
Sold by
Palms Long Beach Llc
Bought by
Kauffman Robert Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.74%
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
Atel Rushabh $276,000 Chicago Title Company Sd
Palopo Kee -- Southland Title
Palopo Kee $235,000 Southland Title Company
Edwards Ronald Wallace $380,000 Progressive Title Co Inc
Kauffman Robert Wayne $330,000 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 Patel Rushabh $90,000
Open Atel Rushabh $207,000
Previous Owner Palopo Kee $188,780
Previous Owner Palopo Kee $199,750
Previous Owner Edwards Ronald Wallace $304,000
Previous Owner Kauffman Robert Wayne $323,000
Previous Owner Kauffman Robert Wayne $256,000
Previous Owner Palms Long Beach Llc $3,030,000
Previous Owner Maliksi Edgardo J $1,638,000
Closed Kauffman Robert Wayne $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2016 04/06/16 Sold $276,000 -1.4% $312 / Sq Ft
02/04/2016 02/04/16 Pending -- -- --
01/09/2016 01/09/16 For Sale $279,900 -- $317 / 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 $4,224 $326,720 $177,566 $149,154
2024 $4,224 $320,315 $174,085 $146,230
2023 $4,152 $314,035 $170,672 $143,363
2022 $3,898 $307,878 $167,326 $140,552
2021 $3,819 $301,843 $164,046 $137,797
2019 $3,764 $292,892 $159,181 $133,711
2018 $3,669 $287,150 $156,060 $131,090
2016 $3,076 $250,000 $117,000 $133,000
2015 $2,568 $212,000 $99,200 $112,800
2014 $2,351 $190,000 $88,900 $101,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16005253

California Regional Multiple Listing Service (CRMLS)

APN: 7272-023-143