NOT LISTED FOR SALE

Estimated Value: $478,000 - $522,329

2 Beds
2 Baths
874 Sq Ft
$305/mo HOA Fee

Last Sold September 13, 2019

Last sale price $380,000 $435 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,487/month

40 Days on Market

Highlights

  • 0.33 Acre Lot
  • Property is near public transit
  • Wood Flooring
  • Open Floorplan
  • Traditional Architecture
  • High Ceiling

About This Home

As of September 2019

YOUR EASY-CARE LIFESTYLE AWAITS in this gorgeous condo enjoying a private position in a relaxed complex. The freshly painted home comes complete with an ample kitchen with granite counters and stainless steel appliances - every keen cook’s dream, an elegant dining and living space with hardwood floors, high ceilings, recessed lights and crown mouldings forming a light and bright, open space for everyday life, well-proportioned bedrooms, each equipped with mirror door closets, your private, clutter-free haven and fresh, neutral tile bathrooms designed for comfort. You will also enjoy your own, balcony accessed through sliding doors from the living room area, perfect for a morning cup of coffee or summer entertaining. Two side by side parking spaces assigned to the unit make a perfect frosting on the cake.
Perfectly positioned to take advantage of the area's large selection of cafes, restaurants and shops and not far away from the lapping water and a gentle breeze this condo will take your lifestyle to new heights and allow exploring downtown It is a rare opportunity whether you are a first time home buyer , are looking to invest!

Last Agent to Sell the Property

Kathy Zajac

Kathy Zajac, Broker License #01221487 Listed on: 07/10/2019

Last Buyer's Agent

Heather Hays

eXp Realty of California Inc License #01970014

eXp Realty of California Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,304

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • Two or More Common Walls

HOA Fees

  • $305 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Side by Side Parking
  • Parking Lot
  • Community Parking Structure

Home Design

  • Traditional Architecture
  • Turnkey
  • Slab Foundation
  • Common Roof
  • Stucco

Interior Spaces

  • 874 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Sliding Doors
  • Entryway
  • Family Room Off Kitchen
  • Dining Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Galley Kitchen
  • Open to Family Room
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Stone Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Home Security

Outdoor Features

  • Tile Patio or Porch
  • Exterior Lighting

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Sewer Paid

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 51654
  • Assessor Parcel Number 7272023152

Community Details

Overview

  • 16 Units
  • The Palms Association, Phone Number (562) 869-1556
  • Hoag Property Managment HOA
  • Maintained Community

Amenities

  • Laundry Facilities
  • Community Storage Space

Security

  • Security Service
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,304

Year Built

Built in 1990 | Remodeled

Lot Details

0

HOA Fees

$305 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Fire Sprinkler System
  • Subdivision Name Other: The Palms
  • View: Yes
  • Zoning: LBPD10
  • Architectural Style: Traditional
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7272023152
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 874.00 Square Feet
  • Interior Amenities: Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Dining Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 434.78
  • Room Type: All Bedrooms Down, Entry, Galley Kitchen, Kitchen
  • Window Features: Blinds, Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Exhaust Fan(s), Remodeled, Stone Counters
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Quartz Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood
  • Patio And Porch Features: Tile
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Parking Space, Side by Side, Structure
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Water Heater, Refrigerator
  • Electric: Electricity - On Property, Standard
  • Heating Type: Central
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Storage, Earthquake Insurance, Maintenance Grounds, Trash, Water, Security
  • Association Fee: 305.00
  • Association Fee Frequency: Monthly
  • Association Name: The Palms
  • Phone: 5628691556
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban
  • Association Management: Hoag Property Managment

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit, Walkstreet
  • 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
Jul 10, 2019
Closed on
Aug 21, 2019
Sold by
Hess Ryan T
Bought by
Anwar Jennifer and Potluri Rossi
Seller's Agent
Kathy Zajac
Kathy Zajac, Broker
Buyer's Agent
Heather Hays
eXp Realty of California Inc
List Price
$395,000
Sold Price
$380,000
Premium/Discount to List
-$15,000
-3.8%
Current Estimated Value
$500,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,463
Avg. Annual Appreciation
4.76%
Original Mortgage
$304,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2012
Sold by
Hess Ryan T and Bustamante Liliana Diaz
Bought by
Hess Ryan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,500
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2004
Sold by
Palms Long Beach Llc
Bought by
Hess Ryan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.69%
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
Anwar Jennifer $380,000 Orange Coast Title Company
Hess Ryan T -- Lsi
Hess Ryan T $340,000 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 Anwar Jennifer $301,250
Closed Anwar Jennifer $304,000
Previous Owner Hess Ryan T $242,500
Previous Owner Hess Ryan T $272,000
Previous Owner Palms Long Beach Llc $3,030,000
Previous Owner Maliksi Edgardo J $1,638,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2019 09/13/19 Sold $380,000 -3.8% $435 / Sq Ft
07/10/2019 07/10/19 For Sale $395,000 0.0% $452 / Sq Ft
10/12/2013 10/12/13 Rented $1,650 0.0% --
10/12/2013 10/12/13 Under Contract -- -- --
09/19/2013 09/19/13 For Rent $1,650 -- --
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 $5,304 $415,581 $174,981 $240,600
2024 $5,304 $407,433 $171,550 $235,883
2023 $5,214 $399,445 $168,187 $231,258
2022 $4,893 $391,614 $164,890 $226,724
2021 $4,796 $383,936 $161,657 $222,279
2019 $4,527 $363,000 $268,000 $95,000
2018 $4,077 $328,000 $242,200 $85,800
2016 $2,844 $237,000 $175,000 $62,000
2015 $2,455 $209,000 $154,000 $55,000
2014 $2,271 $190,000 $139,600 $50,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19162791

California Regional Multiple Listing Service (CRMLS)

APN: 7272-023-152