NOT LISTED FOR SALE

Aqua Condominiums 488 E Ocean Blvd Unit 1107 Long Beach, CA 90802

Downtown Neighborhood

Estimated Value: $411,000 - $514,000

1 Bed
1 Bath
680 Sq Ft
47,350 Sq Ft Lot

Sale Details

Date Sold: April 4, 2012

Last sale price $219,000 $322 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $3,230 / mo

6 Days on Market

Highlights

  • Fitness Center
  • 5-minute walk to 1St Street Station
  • 1.09 Acre Lot
  • Private Pool
  • City Lights View
  • Clubhouse

About This Home

As of April 2012

***Seller considering offers from 199k to 219k*** ***STANDARD SALE!!*** Highly Desirable Upgraded Long Beach Condo located within Walking Distance to the Beach, Restaurants, Entertainment & Public Transportation! Building Amenities include a Fitness Center with a Sauna, Pool, Spa, Community Club Room, and more! ***BRAND NEW STAINLESS STEEL APPLIANCES! ***BRAND NEW PAINT! ***BRAND NEW CARPET! Close to Great Parks and Schools! Open and Comfortable Layout with plenty of room to Entertain All your Family & Friends! This home is Amazing! A True Turnkey! Come take a Look and fall in Love! Quick response to all offers! **HURRY, WILL SELL FAST!**

Last Agent to Sell the Property

Rick Young

Young Estate Services License #01818513 Listed on: 03/09/2012

Last Buyer's Agent

Nalita Cassell

Think Boutiq Real Estate License #01829223

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2004

Lot Details

  • 1.09

HOA Fees

Home Design

  • Turnkey

Interior Spaces

  • 680 Sq Ft Home
  • Family Room
  • City Lights Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Subterranean Parking
  • Parking Available

Pool

  • Private Pool
  • Spa

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 53405
  • Assessor Parcel Number 7278030007

Community Details

Overview

  • 500 Units
  • Merit Management Association, Phone Number (562) 495-1425

Amenities

  • Community Barbecue Grill

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 2004

Lot Details

1.09 Acres

HOA Fees

$472 per month

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7278030007
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 680.00
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Price Per Square Foot: 322.06
  • Room Type: Family Room
  • Spa Features: Association

Exterior Features

  • View: City Lights
  • Pool Features: Association
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse, Gym/Ex Room, Pool, Spa/Hot Tub
  • Association Fee: 336.00
  • Association #2 Fee: 136.00
  • Association Fee Frequency: Monthly
  • Association Name: Merit Management
  • Phone: 562-495-1425
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Size Sq Ft: 47343.00
  • Lot Size Acres: 1.0870

Multi Family

  • Lease Considered: No
  • Lot Size Area: 47343.0000 Square Feet
  • Number Of Units In Community: 500
  • Number Of Units Total: 500

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 53405

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2012
Closed on
Mar 16, 2012
Sold by
Rancho Horizon Llc
Bought by
Morrison Sheina A
Seller's Agent
Rick Young
Young Estate Services
Buyer's Agent
Nalita Cassell
Think Boutiq Real Estate
List Price
$199,000
Sold Price
$219,000
Premium/Discount to List
$20,000
10.05%
Current Estimated Value
$461,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,094
Avg. Annual Appreciation
5.45%
Original Mortgage
$213,448
Outstanding Balance
$150,955
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$310,139

Purchase Details

Listed on
Mar 9, 2012
Closed on
Feb 9, 2012
Sold by
Lopez Ismael
Bought by
Rancho Horizon Llc
Seller's Agent
Rick Young
Young Estate Services
Buyer's Agent
Nalita Cassell
Think Boutiq Real Estate
List Price
$199,000
Sold Price
$219,000
Premium/Discount to List
$20,000
10.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,448
Outstanding Balance
$150,955
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$310,139

Purchase Details

Closed on
Jun 20, 2006
Sold by
Lopez Nora Rodriguez
Bought by
Lopez Ismael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,214
Interest Rate
6.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 27, 2006
Sold by
350 Ocean Tower Ii Llc
Bought by
Lopez Ismael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,214
Interest Rate
6.57%
Mortgage Type
Stand Alone Second
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
Morrison Sheina A $219,000 Advantage Title Inc
Rancho Horizon Llc $157,200 None Available
Lopez Ismael -- First American Title Co
Lopez Ismael $388,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrison Sheina A $213,448
Previous Owner Lopez Ismael $58,214
Previous Owner Lopez Ismael $310,475
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2012 04/04/12 Sold $219,000 0.0% $322 / Sq Ft
03/15/2012 03/15/12 Pending -- -- --
03/15/2012 03/15/12 Price Changed $219,000 +10.1% $322 / Sq Ft
03/09/2012 03/09/12 For Sale $199,000 -- $293 / 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 $3,566 $275,062 $124,342 $150,720
2024 $3,566 $269,669 $121,904 $147,765
2023 $3,500 $264,382 $119,514 $144,868
2022 $3,285 $259,199 $117,171 $142,028
2021 $3,208 $254,118 $114,874 $139,244
2019 $3,158 $246,583 $111,468 $135,115
2018 $3,089 $241,749 $109,283 $132,466
2017 $3,055 $237,010 $107,141 $129,869
2016 $2,844 $232,364 $105,041 $127,323
2015 $2,731 $228,875 $103,464 $125,411
2014 $2,712 $224,393 $101,438 $122,955
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Rick Young

    Young Estate Services

    Section Image

  • N

    Buyer's Agent in 2012

    Nalita Cassell

    Think Boutiq Real Estate

    Section Image
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About Aqua Condominiums

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: K12032127

California Regional Multiple Listing Service (CRMLS)

APN: 7278-030-007

California Los Angeles County Long Beach 90802 Downtown

488 E Ocean Blvd Unit 1107, Long Beach, CA

Not Listed for Sale

Condos

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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