NOT LISTED FOR SALE

425 E Ocean Blvd Unit 310 Long Beach, CA 90802

East Village Neighborhood

Estimated Value: $612,000 - $701,000

2 Beds
2 Baths
1,066 Sq Ft
8,886 Sq Ft Lot Lot

Sale Details

Date Sold: October 27, 2017

Last sale price $528,000 $495 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,816 / mo

8 Days on Market

Highlights

  • Marina View
  • 4-minute walk to 1St Street Station
  • Gated Community
  • Long Beach Polytechnic High School Rated A
  • Primary Bedroom Suite
  • 5-minute walk to Promenade Square Park

About This Home

As of October 2017

This gorgeous downtown Long Beach condo is stylish, comfortable and very quiet. It has a great layout with both bedrooms located in the back of the unit overlooking a lovely lush courtyard while the living room, dining room and kitchen all open to a huge balcony with a peek-a-boo view of the marina. The unit features a huge master suite, inside full-size laundry, central A/C and forced air-heating. This property is truly turnkey! Maybe best of all, this condo has it's own PRIVATE garage with plenty of storage space. (Extra parking spaces can be rented next door for $100 per month.) The HOA dues cover PREMIUM CABLE & INTERNET (HBO, Showtime, etc.) as well as water, sewer, trash, and building maintenance and insurance. **Seller will pay a maximum of 1.5% of buyer’s mortgage amount toward the buyer’s loan points and/or non-recurring closing costs (no prepays or PMI)** This is a rare find in downtown Long Beach and won't last long!!!

Last Agent to Sell the Property

Shari Posey

Berkshire Hathaway Home Svcs License #01401880 Listed on: 09/20/2017

Last Buyer's Agent

Dave Steinberg

Compass License #01921010

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989

Lot Details

  • End Unit
  • 1 Common Wall
  • Southeast Facing Home
  • No Landscaping

HOA Fees

  • $496 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available

Property Views

  • Marina
  • Peek-A-Boo

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Stucco

Interior Spaces

  • 1,066 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Double Pane Windows
  • Sliding Doors
  • Dining Room
  • Storage
  • Gas Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Private Water Source
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 5760
  • Assessor Parcel Number 7281025252

Community Details

Overview

  • Master Insurance
  • Paragon Mgt Association, Phone Number (562) 494-4455
  • Maintained Community

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1989

Lot Details

8,886 Sq Ft Lot

HOA Fees

$496 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Inclusions: Refrigerator, stove, washer, dryer
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: LBCB
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7281025252
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1066.00 Square Feet
  • Interior Amenities: Open Floorplan, Storage
  • Stories: 1
  • Common Walls: 1 Common Wall, End Unit
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Dining Room
  • Fireplace Features: Master Bedroom
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 495.31
  • Room Type: Master Suite
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Direction Faces: Southeast
  • View: Marina, Peek-A-Boo
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Cable Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Cable TV, Insurance, Maintenance Grounds, Trash, Sewer, Water, Dues Paid Monthly, Hot Water
  • Association Fee: 496.26
  • Association Fee Frequency: Monthly
  • Association Name: Paragon Mgt
  • Phone: (562) 494-4455
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping

Multi Family

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

Tax Info

  • Tax Census Tract: 5760.01
  • Tax Lot: 1
  • Tax Tract Number: 5760

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2021
Sold by
Gonzalez Herman
Bought by
Herman Gonzalez Living Trust and Gonzalez
Current Estimated Value
$675,396

Purchase Details

Listed on
Sep 20, 2017
Closed on
Oct 20, 2017
Sold by
Gonzalez Jacqueline J
Bought by
Gonzalez Herman
Seller's Agent
Shari Posey
Berkshire Hathaway Home Svcs
Buyer's Agent
Dave Steinberg
Compass
List Price
$495,000
Sold Price
$528,000
Premium/Discount to List
$33,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.70%
Original Mortgage
$396,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2017
Closed on
Oct 5, 2017
Sold by
Turner Elise D
Bought by
Gonzalez Herman
Seller's Agent
Shari Posey
Berkshire Hathaway Home Svcs
Buyer's Agent
Dave Steinberg
Compass
List Price
$495,000
Sold Price
$528,000
Premium/Discount to List
$33,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 21, 2016
Closed on
Aug 2, 2016
Sold by
Nunn John
Bought by
Turner Elise D
Seller's Agent
Beatrix Whipple
Keller Williams Pacific Estate
Buyer's Agent
Shari Posey
Berkshire Hathaway Home Svcs
List Price
$449,000
Sold Price
$449,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.57%
Original Mortgage
$426,550
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 11, 2015
Closed on
Nov 20, 2015
Sold by
Estate Of John W Bolin
Bought by
Nunn John
Seller's Agent
Louella Hundt
Coldwell Banker Realty
Buyer's Agent
Fay Abed
Coldwell Banker Realty
List Price
$389,900
Sold Price
$405,000
Premium/Discount to List
$15,100
3.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.14%

Purchase Details

Closed on
Nov 17, 2004
Sold by
Mewes James Walter and Mewes James Walter
Bought by
Bolin John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2003
Sold by
Mewes James Walter
Bought by
James Walter Mewes Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2001
Sold by
Mewes James Walter
Bought by
James Walter Mewes Revocable Trust

Purchase Details

Closed on
Jul 25, 1996
Sold by
Residential Funding Corp
Bought by
Mewes James Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,500
Interest Rate
8.18%

Purchase Details

Closed on
Jun 18, 1996
Sold by
Holton Rodney G and Adams Christine M
Bought by
Residential Funding Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,500
Interest Rate
8.18%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Herman Gonzalez Living Trust -- None Listed On Document
Gonzalez Herman -- First American Title Company
Gonzalez Herman $528,000 None Available
Turner Elise D $449,000 Ticor Title
Nunn John $405,000 Ticor Title Insurance Co
Bolin John W $487,500 Fidelity National Title Co
James Walter Mewes Revocable Trust -- United Title Company
Mewes James Walter -- United Title Company
James Walter Mewes Revocable Trust -- --
Mewes James Walter $119,500 Fidelity National Title Co
Residential Funding Corp $117,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Gonzalez Herman $396,000
Previous Owner Turner Elise D $426,550
Previous Owner Bolin John W $262,500
Previous Owner Mewes James Walter $94,000
Previous Owner Mewes James Walter $113,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2017 10/27/17 Sold $528,000 0.0% $495 / Sq Ft
09/29/2017 09/29/17 Price Changed $528,000 0.0% $495 / Sq Ft
09/28/2017 09/28/17 Pending -- -- --
09/25/2017 09/25/17 Off Market $528,000 -- --
09/20/2017 09/20/17 For Sale $495,000 +10.2% $464 / Sq Ft
09/13/2016 09/13/16 Sold $449,000 0.0% $421 / Sq Ft View Prior Sale
07/31/2016 07/31/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $449,000 +10.9% $421 / Sq Ft
12/02/2015 12/02/15 Sold $405,000 +3.9% $380 / Sq Ft View Prior Sale
11/17/2015 11/17/15 Pending -- -- --
11/11/2015 11/11/15 For Sale $389,900 -- $366 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,894 $600,769 $238,942 $361,827
2024 $7,551 $588,990 $234,257 $354,733
2023 $7,421 $577,442 $229,664 $347,778
2022 $6,960 $566,120 $225,161 $340,959
2021 $6,812 $555,021 $220,747 $334,274
2020 $6,792 $549,331 $218,484 $330,847
2019 $6,709 $538,560 $214,200 $324,360
2018 $6,556 $528,000 $210,000 $318,000
2016 $4,925 $405,000 $162,000 $243,000
2015 $3,973 $339,000 $103,000 $236,000
2014 $4,019 $339,000 $103,000 $236,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17218059

California Regional Multiple Listing Service (CRMLS)

APN: 7281-025-252

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