$397,000
SOLD JAN 17, 2019
-- Bed
-- Bath
1,119 Sq Ft
$447/mo HOA Fee

Recently Sold

$355 Per Sq Ft

16% Below List Price

51 Days on Market

Highlights

  • Loft
  • 2-minute walk to Pacific Station
  • Controlled Access
  • Long Beach Polytechnic High School Rated A
  • 1 Car Attached Garage
  • 4-minute walk to Harvey Milk Promenade Park

About This Home

As of January 2019

Seller bought another! Bring all offers. Best location in the heart of Down Town Long Beach, Newberry Lofts on Pine Avenue. Trendy, studio loft space with modern amenities and convenience. Enter the secured building from Pine Avenue, right under the decorative street sign and walk down the hall to this turn key unit. Dark wood laminate flooring is elegant yet durable. The elegant kitchen features quartz counters, glass tile back-splash and top of the line stainless steel appliances. The oversized living space provides room for dining, entertaining and sleeping quarters. In addition this unit has a ground floor private patio that provides extra space and light. The unit also features a large walk in closet, a bright updated bathroom and inside laundry. Also included is a secured car parking space in the garage, spacious common area on the 4th floor, bike storage and a personal storage locker in the garage. This condo is the perfect place to call home and enjoy city life. Close to public transport, the beach, coffee shops, pubs and restaurants.

Last Agent to Sell the Property

Costanza Genoese Zerbi

eXp Realty of Greater Los Angeles License #01941438 Listed on: 10/31/2018

eXp Realty of Greater Los Angeles

Last Buyer's Agent

TL Blazek

Estate Properties License #01984996

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,769

Year Built

  • Built in 2016

Lot Details

  • Two or More Common Walls
  • Zero Lot Line

HOA Fees

  • $447 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,119 Sq Ft Home
  • Loft
  • Laminate Flooring
  • Laundry Room

Additional Features

  • Urban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 71130
  • Assessor Parcel Number 7280009138

Community Details

Overview

  • 28 Units
  • Newberry Lofts Association, Phone Number (562) 481-3862

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,769

Year Built

Built in 2016

Lot Details

0

HOA Fees

$447 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • View: No
  • Zoning: LBPD
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7280009138
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1119.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 354.78
  • Room Type: Loft

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Quarterly, Controlled Access
  • Association Fee: 446.50
  • Association Fee Frequency: Monthly
  • Association Name: Newberry Lofts
  • Phone: 562-481-3862 HOA
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Zero Lot Line
  • Lot Size Sq Ft: 16900.00
  • Lot Size Acres: 0.3880

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16900.0000 Square Feet
  • Number Of Units In Community: 28
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5759.02
  • Tax Lot: 1
  • Tax Tract Number: 71130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2018
Closed on
Dec 26, 2018
Sold by
Vu Nam
Bought by
Wang Aaon Yu Ching
Seller's Agent
Costanza Genoese Zerbi
eXp Realty of Greater Los Angeles
Buyer's Agent
TL Blazek
Estate Properties
List Price
$469,990
Sold Price
$397,000
Premium/Discount to List
-$72,990
-15.53%
Current Estimated Value
$597,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,978
Avg. Annual Appreciation
6.28%
Original Mortgage
$347,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2017
Closed on
Feb 6, 2018
Sold by
Nguyen Chau Kim
Bought by
Vu Nam
Seller's Agent
Scott Hamilton
Engel & Völkers Long Beach
Buyer's Agent
Anna Child
Compass
List Price
$365,900
Sold Price
$365,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%
Original Mortgage
$347,600
Interest Rate
3.99%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Grant Deed $397,000 First American Title Company
Interfamily Deed Transfer -- Chicago Title
Grant Deed $366,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $343,000 New Conventional
Closed $347,000 New Conventional
Previous Owner $347,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2019 01/17/19 Sold $397,000 -0.7% $355 / Sq Ft
12/21/2018 12/21/18 Pending -- -- --
11/24/2018 11/24/18 Price Changed $399,990 -7.0% $357 / Sq Ft
11/08/2018 11/08/18 Price Changed $429,900 -4.4% $384 / Sq Ft
11/04/2018 11/04/18 Price Changed $449,900 -4.3% $402 / Sq Ft
10/31/2018 10/31/18 For Sale $469,990 +28.4% $420 / Sq Ft
02/09/2018 02/09/18 Sold $365,900 0.0% $327 / Sq Ft
07/01/2017 07/01/17 For Sale $365,900 -- $327 / 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 $5,769 $442,856 $175,134 $267,722
2024 $5,769 $434,173 $171,700 $262,473
2023 $5,669 $425,661 $168,334 $257,327
2022 $5,322 $417,316 $165,034 $252,282
2021 $5,152 $409,135 $161,799 $247,336
2019 $4,789 $373,320 $148,920 $224,400
2018 $1,488 $107,187 $51,617 $55,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18261965

California Regional Multiple Listing Service (CRMLS)

APN: 7280-009-138