NOT LISTED FOR SALE

425 E Ocean Blvd Unit 410 Long Beach, CA 90802

East Village Neighborhood

Estimated Value: $741,000 - $908,000

2 Beds
2 Baths
1,720 Sq Ft
8,886 Sq Ft Lot Lot

Sale Details

Date Sold: April 23, 2012

Last sale price $460,000 $267 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,548 / mo

195 Days on Market

Highlights

  • Ocean View
  • 4-minute walk to 1St Street Station
  • Open Floorplan
  • Long Beach Polytechnic High School Rated A
  • 0.2 Acre Lot
  • 5-minute walk to Promenade Square Park

About This Home

As of April 2012

This executive penthouse is a rare gem along the exclusive Ocean Blvd. Strip!Soaring 17ft ceilings offer walls of windows to enjoy your ocean and city views along with allowing for terrific natural light!.This architectural home offers a floorplan that allows several layout options to best suit the owner's needs.Entertainers kitchen with Viking stove,Bosch dishwasher,recessed lighting&more!.Two car private garage & separate ground floor storage room with onsite guest parking.Secure complex with direct elevator access..Spectacular ocean/marina/coastline views from almost every window.This Penthouse home offers 2 bedrooms with a loft/3rd bedroom with over 1700sf!Perfect for the owner wanting to enjoy the turnkey cosmopolitan lifestyle,shopping,dining and beach front amenites just steps out your door the Downtown Long Beach provides!LOW HOA dues and a well maintained complex!

Last Agent to Sell the Property

Jason Patterson

College Park Realty License #01291409 Listed on: 10/06/2011

College Park Realty

Last Buyer's Agent

Daryl Ellison

Ellison Realty License #00169627

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • 8,886

HOA Fees

  • $372 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Garage Door Opener
  • Guest Parking

Property Views

  • Ocean
  • Harbor
  • Panoramic
  • City Lights
  • Views of a landmark

Home Design

  • Modern Architecture
  • Metal Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,720 Sq Ft Home
  • Open Floorplan
  • Recessed Lighting
  • Track Lighting
  • Fireplace
  • Custom Window Coverings
  • Living Room
  • Dining Room
  • Den
  • Loft
  • Carpet
  • Intercom
  • Breakfast Bar
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 44766
  • Assessor Parcel Number 7281025257

Community Details

Overview

  • Master Insurance
  • 18 Units
  • Penthouse
  • Maintained Community

Additional Features

  • Community Storage Space
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1989 | Remodeled

Lot Details

8,886 Sq Ft Lot

HOA Fees

$372 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Fire Sprinkler System
  • Subdivision Name Other: Downtown
  • View: Yes
  • Architectural Style: Modern
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7281025257
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1720.00
  • Interior Amenities: Copper Plumbing Full, Intercom, Open Floorplan, Recessed Lighting, Track Lighting
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Levels: Two
  • Price Per Square Foot: 267.44
  • Room Type: Den, Loft, Living Room
  • Window Features: Custom Covering

Exterior Features

  • Patio: No
  • View: City Lights, Harbor, Landmark, Ocean, Panoramic, Water
  • Fence: No
  • Pool Private: No
  • Roof: Metal
  • Spa: No
  • Construction Materials: Glass, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Door Opener, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Hot Water, Insurance, Maintenance Grounds, Sewer, Storage, Trash, Water
  • Association Fee: 372.00
  • Association Fee Frequency: Monthly
  • Senior Community: No

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 8899.00
  • Lot Size Acres: 0.2040

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8899.0000 Square Feet
  • Number Of Units In Community: 18
  • Number Of Units Total: 18

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 44766

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2012
Sold by
Shunmugavel Rajarajeswari
Bought by
Shunmugavel Palanichamy
Current Estimated Value
$834,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2012
Sold by
Snow Donald D
Bought by
Shunmugavel Palanichamy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2001
Sold by
Snow Donald D
Bought by
Snow Donald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,500
Interest Rate
6.91%

Purchase Details

Closed on
Apr 18, 2000
Sold by
Snow Donald D
Bought by
Snow Donald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
8.24%

Purchase Details

Closed on
Nov 30, 1999
Sold by
Snow Jacqueline M Duncan
Bought by
Snow Donald D

Purchase Details

Closed on
Oct 27, 1999
Sold by
Foster Lynne
Bought by
Snow Donald D

Purchase Details

Closed on
Dec 7, 1994
Sold by
Bankers Trust Company
Bought by
Foster Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
9.08%

Purchase Details

Closed on
Oct 11, 1994
Sold by
Cowlin Kenneth S
Bought by
Bankers Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
9.08%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
Shunmugavel Palanichamy -- North American Title Company
Shunmugavel Palanichamy $460,000 North American Title Company
Snow Donald D -- --
Snow Donald D -- United Title Company
Snow Donald D -- United Title Company
Snow Donald D $265,000 Commonwealth Title
Foster Lynne $160,000 Continental Lawyers Title Co
Foster Lynne -- Continental Lawyers Title Co
Bankers Trust Company $160,000 Continental Lawyers Title Co
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 Shunmugavel Palanichamy $345,000
Previous Owner Snow Donald D $105,500
Previous Owner Snow Donald D $104,000
Previous Owner Foster Lynne $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2012 04/23/12 Sold $460,000 -8.9% $267 / Sq Ft
04/18/2012 04/18/12 Pending -- -- --
04/16/2012 04/16/12 For Sale $505,000 0.0% $294 / Sq Ft
03/22/2012 03/22/12 Pending -- -- --
12/07/2011 12/07/11 For Sale $505,000 0.0% $294 / Sq Ft
12/07/2011 12/07/11 Price Changed $505,000 +9.8% $294 / Sq Ft
12/02/2011 12/02/11 Off Market $460,000 -- --
10/06/2011 10/06/11 For Sale $529,000 -- $308 / 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 $7,800 $577,775 $251,206 $326,569
2024 $7,455 $566,447 $246,281 $320,166
2023 $7,325 $555,341 $241,452 $313,889
2022 $6,875 $544,453 $236,718 $307,735
2021 $6,719 $533,778 $232,077 $301,701
2019 $6,618 $517,948 $225,195 $292,753
2018 $6,468 $507,793 $220,780 $287,013
2016 $5,945 $488,076 $212,207 $275,869
2015 $5,705 $480,746 $209,020 $271,726
2014 $5,661 $471,330 $204,926 $266,404
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P798992

California Regional Multiple Listing Service (CRMLS)

APN: 7281-025-257

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