NOT LISTED FOR SALE

Estimated Value: $595,000 - $649,116

-- Bed
1 Bath
1,105 Sq Ft
$445/mo HOA Fee

Last Sold December 07, 2020

Last sale price $510,000 $462 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,308/month

Highlights

  • Gated Community
  • 2-minute walk to Pacific Station
  • Open Floorplan
  • Long Beach Polytechnic High School Rated A
  • City Lights View
  • 4-minute walk to Harvey Milk Promenade Park

About This Home

As of December 2020

Large Loft Home!! Be a part of downtown Long Beach history! Welcome to Newberry Lofts. JJ Newberry’s Department store opened its doors in LB in 1951 and It has been transformed to beautiful loft homes. This large loft home includes 1 secured underground parking space. This loft includes dark wood laminate flooring throughout. A walled off bedroom area offers a separate sleeping area and difines an office space. The modern kitchen features Italian soft close cabinets, quartz counter tops, Hansgrohe fixtures and a brushed nickel back splash. The large bathroom has plenty of room for a linen cabinet or bench. The walk in closet comes equipped with organizer for the most efficient use of space. Home includes a convenient inside laundry closet. There are many restaurants, coffee houses and gastro pubs to walk to. Newberry Lofts has a walk score of 98! So you will enjoy exploring the city.

Last Agent to Sell the Property

Bobbie Seegers

Seven Gables Real Estate License #01312786 Listed on: 12/02/2020

Co-Listed By

Scott Hamilton

Engel & Völkers Long Beach License #01125930

Last Buyer's Agent

Ricardo Perdomo

UNQ Realty License #01847698

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,095

Year Built

  • Built in 2016

Lot Details

  • 0.39

HOA Fees

  • $445 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Automatic Gate
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Turnkey

Interior Spaces

  • 1,105 Sq Ft Home
  • Open Floorplan
  • Dining Room
  • Loft
  • Laminate Flooring
  • City Lights Views
  • Closed Circuit Camera

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System

Additional Features

  • 1 Common Wall
  • Urban Location

Listing and Financial Details

  • Tax Lot 300
  • Tax Tract Number 71130
  • Assessor Parcel Number 7280009145

Community Details

Overview

  • 28 Units
  • Newberry Lofts Association, Phone Number (562) 481-3866
  • Downtown Subdivision

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Service
  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,095

Year Built

Built in 2016

Lot Details

0

HOA Fees

$445 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Other Phone Description: 7144964387
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Closed Circuit Camera(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: LBPD
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7280009145
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1105.00 Square Feet
  • Interior Amenities: Open Floorplan
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Eating Area: Dining Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 461.54
  • Room Type: Loft, Walk-In Closet
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Kitchen Island, Quartz Counters

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Storage, Trash, Water, Pets Permitted, Weight Limit, Management, Security, Controlled Access, Hot Water
  • Association Fee: 444.75
  • Association Fee Frequency: Monthly
  • Association Name: Newberry Lofts
  • Phone: 562-481-3866
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: Newberry Lofts

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • 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: 28

Tax Info

  • Tax Census Tract: 5759.02
  • Tax Lot: 300
  • Tax Tract Number: 71130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2020
Closed on
Dec 4, 2020
Sold by
H & M 26 Llc
Bought by
Ruiz Carlos Gustavo and Ruiz Carlos
Seller's Agent
Bobbie Seegers
Seven Gables Real Estate
Buyer's Agent
Ricardo Perdomo
UNQ Realty
List Price
$519,000
Sold Price
$510,000
Premium/Discount to List
-$9,000
-1.73%
Current Estimated Value
$614,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,029
Avg. Annual Appreciation
4.31%
Original Mortgage
$494,500
Outstanding Balance
$443,036
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$180,905
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ruiz Carlos Gustavo $510,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Carlos Gustavo $494,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2020 12/07/20 Sold $510,000 -1.7% $462 / Sq Ft
12/02/2020 12/02/20 For Sale $519,000 -- $470 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
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 $7,095 $552,038 $216,485 $335,553
2024 $7,095 $541,215 $212,241 $328,974
2023 $6,973 $530,604 $208,080 $322,524
2022 $6,544 $520,200 $204,000 $316,200
2021 $6,352 $510,000 $200,000 $310,000
2020 $2,865 $215,801 $53,222 $162,579
2019 $2,831 $211,571 $52,179 $159,392
2018 $1,476 $106,229 $51,156 $55,073
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20249827

California Regional Multiple Listing Service (CRMLS)

APN: 7280-009-145