NOT LISTED FOR SALE

Estimated Value: $478,000 - $509,000

2 Beds
2 Baths
902 Sq Ft
$252/mo HOA Fee

Last Sold July 17, 2017

Last sale price $333,000 $369 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,387/month

4 Days on Market

Highlights

  • Gated Community
  • Contemporary Architecture
  • Main Floor Primary Bedroom
  • 14,480 Sq Ft lot
  • Property is near public transit
  • End Unit

About This Home

As of July 2017

This wonderful top floor condo Located in The Palms building is a stylish 2 bedroom 2 bath condo unit that has been completely remodeled with fresh flooring in the main living area and both bedrooms, and Travertine tile in the hallway, both bathrooms and kitchen. The unit boasts crown molding throughout, updated bathrooms, and a modern kitchen with granite counters and fully equipped with black & stainless steel appliances. Both bedrooms have large mirrored wardrobe closets, and the master bedroom has an en-suite bathroom and window bench. The unit also features a small additional storage room and a large balcony overlooking 6th street from the 2nd floor. 2 gated parking spaces in underground garage are included with the unit and there is guest parking.

Last Agent to Sell the Property

David Haas

Ernst & Haas Mngmnt Co., Inc. License #01126617 Listed on: 06/09/2017

Last Buyer's Agent

David Haas

Ernst & Haas Mngmnt Co., Inc. License #01126617 Listed on: 06/09/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,773

Year Built

  • Built in 1990

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $252 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Side by Side Parking
  • Guest Parking
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Copper Plumbing

Interior Spaces

  • 902 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub

Outdoor Features

  • Balcony

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Central Heating
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 11934
  • Assessor Parcel Number 7272023155

Community Details

Overview

  • The Palms Association, Phone Number (562) 989-9835
  • Maintained Community

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,773

Year Built

Built in 1990

Lot Details

0

HOA Fees

$252 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Gated Community
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: LBPD10
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7272023155
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 902.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Copper Plumbing Full, Recessed Lighting
  • Stories: 3
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 369.18
  • Room Type: Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom
  • Bathroom Features: Bathtub, Granite Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned, Guest, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Microwave
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Dues Paid Monthly, Pets Permitted, Controlled Access
  • Association Fee: 252.00
  • Association Fee Frequency: Monthly
  • Association Name: The Palms
  • Phone: 562.989.9835
  • Senior Community: No
  • Community Features: Curbs, Urban

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 14480.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5759.02
  • Tax Lot: 1
  • Tax Tract Number: 11934

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2017
Closed on
Jun 15, 2017
Sold by
Zwahlen Robert G
Bought by
Waltman Robert
Seller's Agent
David Haas
Ernst & Haas Mngmnt Co., Inc.
Buyer's Agent
David Haas
Ernst & Haas Mngmnt Co., Inc.
List Price
$335,000
Sold Price
$333,000
Premium/Discount to List
-$2,000
-0.6%
Current Estimated Value
$499,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,820
Avg. Annual Appreciation
5.11%
Original Mortgage
$323,010
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2008
Sold by
Zwahlen Robert G and Zwahlen Suzanne E
Bought by
Zwahlen Robert G

Purchase Details

Closed on
Aug 17, 2005
Sold by
Hewitt Relocation Services Inc
Bought by
Zwahlen Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 16, 2004
Sold by
Palms Long Beach Llc
Bought by
Mclaughlin George C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.25%
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
Waltman Robert $333,000 Orange Coast Title
Zwahlen Robert G -- None Available
Zwahlen Robert G $415,000 --
Mclaughlin George C $350,000 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 Waltman Robert $311,250
Closed Waltman Robert $314,900
Closed Waltman Robert $323,010
Previous Owner Zwahlen Robert G $332,000
Previous Owner Mclaughlin George C $280,000
Previous Owner Palms Long Beach Llc $3,030,000
Previous Owner Maliksi Edgardo J $1,638,000
Closed Mclaughlin George C $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2017 07/17/17 Sold $333,000 -0.6% $369 / Sq Ft
06/13/2017 06/13/17 Pending -- -- --
06/09/2017 06/09/17 For Sale $335,000 -- $371 / 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 $4,773 $378,893 $227,563 $151,330
2024 $4,773 $371,464 $223,101 $148,363
2023 $4,690 $364,181 $218,727 $145,454
2022 $4,401 $357,041 $214,439 $142,602
2021 $4,311 $350,041 $210,235 $139,806
2019 $4,246 $339,660 $204,000 $135,660
2018 $4,139 $333,000 $200,000 $133,000
2016 $3,018 $245,000 $183,000 $62,000
2015 $2,433 $200,000 $149,400 $50,600
2014 $2,351 $190,000 $141,900 $48,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17131060

California Regional Multiple Listing Service (CRMLS)

APN: 7272-023-155