NOT LISTED FOR SALE

Estimated Value: $361,000 - $476,000

1 Bed
1 Bath
703 Sq Ft
$405/mo HOA Fee

Last Sold July 28, 2016

Last sale price $299,000 $425 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,983/month

50 Days on Market

Highlights

  • Ocean View
  • Clubhouse
  • End Unit
  • Long Beach Polytechnic High School Rated A
  • Traditional Architecture
  • Granite Countertops

About This Home

As of July 2016

Gorgeous Downtown Long Beach Condo located on Ocean Blvd! This Corner-Unit 1 bedroom on the 7th Floor of the Cooper Arms building has stunning Ocean and City Views! Filled with tons of natural light and oversized windows, the cool Ocean breeze is phenomenal and the airy feel of this unit is unlike anything else on the market. From your large private balcony, watch the cruise ships come and go and the sailboats gliding across the Pacific. The kitchen comes complete with granite countertops and retro 1950's appliances. Brand new laminate floor and paint throughout! This unit has tons of storage, built-ins, and a huge walk in closet. In the bathroom, you will find the original subway tile from 1923 when the Historic Cooper Arms was constructed. An architectural gem! Located in the East Village Arts district, you are close to shopping, entertainment, the beach, and public transportation. Come secure your Ocean View high-rise home in the sky before its gone!

Last Agent to Sell the Property

Lance Xavier

Think Boutiq Real Estate License #01956545 Listed on: 04/21/2016

Co-Listed By

Jeff Anderson

eXp Realty of California Inc License #01729514

Last Buyer's Agent

Yvonne Kroneberger

Capri Realty License #01927253

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1923

Lot Details

  • End Unit
  • Two or More Common Walls

HOA Fees

Property Views

  • Ocean
  • Marina
  • Coastline
  • Harbor
  • Panoramic
  • City Lights

Home Design

  • Traditional Architecture
  • Common Roof

Interior Spaces

  • 703 Sq Ft Home
  • Built-In Features
  • Sliding Doors
  • Living Room
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Balcony
  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 7281027088

Community Details

Overview

  • Master Insurance
  • 159 Units
  • Cooper Arms Association, Phone Number (562) 436-3953
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Clubhouse
  • Banquet Facilities
  • Billiard Room
  • Meeting Room
  • Laundry Facilities

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Security Guard
  • Card or Code Access

Property Details

Home Type

Condominium

Year Built

Built in 1923

Lot Details

0

HOA Fees

$405 per month

Listing Details

  • Assessments: Yes
  • Inclusions: Refrigerator; Murphy Bed
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Card/Code Access
  • Subdivision Name Other: Cooper Arms (CPA)
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7281027088
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 703.00
  • Interior Amenities: Built-in Features, Balcony, Granite Counters
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Sliding Doors
  • Levels: One
  • Price Per Square Foot: 425.32
  • Room Type: Living Room

Exterior Features

  • View: City Lights, Coastline, Harbor, Marina, Ocean, Panoramic
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Radiant
  • Laundry Features: Community
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Billiard Room, Banquet Facilities, Clubhouse, Controlled Access, Guard, Insurance, Meeting Room, Maintenance Grounds, Outdoor Cooking Area, Pet Rules, Sewer, Trash, Water
  • Association Fee: 365.00
  • Association #2 Fee: 40.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Cooper Arms
  • Phone: 562-436-3953
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 159
  • Number Of Units Total: 159

Tax Info

  • Tax Lot: 29
  • Tax Tract Number: 000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2016
Closed on
Jun 15, 2016
Sold by
Casner Fernie
Bought by
Kroneberger Gregory and Griffith Theresa
Seller's Agent
Lance Xavier
Think Boutiq Real Estate
Buyer's Agent
Yvonne Kroneberger
Capri Realty
List Price
$299,000
Sold Price
$299,000
Current Estimated Value
$423,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,360
Avg. Annual Appreciation
3.75%
Original Mortgage
$231,000
Outstanding Balance
$183,309
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$240,051

Purchase Details

Closed on
Jul 26, 2004
Sold by
Hallet William F and Hallet Elevia L
Bought by
Casner Fernie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2004
Sold by
Hallet Elevia L
Bought by
Hallet William F

Purchase Details

Closed on
May 21, 2004
Sold by
Sharp Hoa Management Inc
Bought by
Hallet William F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kroneberger Gregory $299,000 Lawyers Title
Casner Fernie $80,000 North American Title Co
Hallet William F -- --
Sharp Hoa Management Inc -- --
Hallet William F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kroneberger Gregory $231,000
Previous Owner Casner Fernie $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2016 07/28/16 Sold $299,000 0.0% $425 / Sq Ft
06/14/2016 06/14/16 For Sale $299,000 0.0% $425 / Sq Ft
06/10/2016 06/10/16 Pending -- -- --
05/20/2016 05/20/16 Price Changed $299,000 -3.5% $425 / Sq Ft
05/04/2016 05/04/16 Price Changed $310,000 -3.1% $441 / Sq Ft
04/21/2016 04/21/16 For Sale $319,900 -- $455 / 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 $4,406 $347,010 $290,145 $56,865
2024 $4,406 $340,206 $284,456 $55,750
2023 $4,328 $333,536 $278,879 $54,657
2022 $4,060 $326,997 $273,411 $53,586
2021 $3,967 $320,586 $268,050 $52,536
2019 $3,906 $311,079 $260,100 $50,979
2018 $3,822 $304,980 $255,000 $49,980
2016 $2,849 $235,488 $176,619 $58,869
2015 $2,735 $231,952 $173,967 $57,985
2014 $2,717 $227,410 $170,560 $56,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16084102

California Regional Multiple Listing Service (CRMLS)

APN: 7281-027-088