NOT LISTED FOR SALE

5040 E Atherton St Unit 28 Long Beach, CA 90815

Traffic Circle Neighborhood

Estimated Value: $738,000 - $851,000

3 Beds
2.5 Baths
1,579 Sq Ft
$505/Sq Ft Est. Value

Last Sold July 24, 2023

Last sale price $771,640 $489 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,486/month

9 Days on Market

Highlights

  • Spa
  • Gated Community
  • 5.82 Acre Lot
  • Stanford Middle School Rated A-
  • View of Trees or Woods
  • Open Floorplan

About This Home

As of July 2023

This Wonderful Unit is Located in the Heart of "The Fountains" one of the rare, gated community in Los Altos a Great Neighborhood in Long Beach. As you Enter this Lovely Town Home, you will Enjoy the Large Living Room Featuring Amazing Vaulted Ceilings, Recess Lighting, Wood looking Ceramic Tiles, Beautiful Fireplace & Access to your Private Patio. This Particular Model has a Great Floor Plan that gives you the Feeling of a Much Larger Unit. Throw Open the Private Patio Sliding double Pane Windows & Invite the Outdoors in or let the Party flow out to your Seating Area. The Open Concept Increases the Connection to Guests as you move about the Main Living Area. You will enjoy the High Vaulted Ceiling Dining Room with loved ones not to Mention the Convenient Powder Room for your Guests. In the Upstairs Sleeping areas, 2 Guest Rooms with a Guest Bathroom with its Own Bathtub. The Master Suite also features those Amazing Vaulted Ceilings and a Ceiling fan. The Master Bathroom has its Large Walking Closet and Double Sink Vanity. This Lovely unit is Located in the Back of the Complex, away from the City Traffic Noise. You will Appreciate the Double Pane Windows throughout this Home and a Couple of Skylights for you to Enjoy the Natural Daylight and the Great Fans in the Bedrooms. Enjoy the Swimming Pool with its Spas as well as the Views of the Lush Landscaping so Readily Apparent in The Fountains. Add to that the Direct Access Two Car Garage with Laundry Area with Ample Storage and full standing room sized lighted attic that has been finished for plenty of storage and You'll be ready to make an offer. Need More? Take a walk around the grounds on one of Many Walking Paths & enjoy the Seven Fountains, take a look at the Stunning Community Pool, Two Spas, Clubhouse, Tennis Court, a Dog Run and you’ll discover why this Gated Community, just walking distance from Shopping, Restaurants, CSULB, a few minutes from the Ocean is The Best Kept Secret in Los Altos. Welcome to your New Home!

Last Agent to Sell the Property

Mylene Le Bail

Keller Williams Pacific Estate License #01364484 Listed on: 06/14/2023

Keller Williams Pacific Estate

Last Buyer's Agent

Cindi Rogan

Pacific Sotheby's International Realty License #01171455

Pacific Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,921

Year Built

  • Built in 1977

Lot Details

  • 6

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Turnkey
  • Spanish Tile Roof

Interior Spaces

  • 1,579 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Cathedral Ceiling
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Views of Woods

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Makeup or Vanity Space
  • Bathtub

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Spa
  • Open Patio

Additional Features

  • Two or More Common Walls
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31444
  • Assessor Parcel Number 7220003055
  • $336 per year additional tax assessments

Community Details

Overview

  • 82 Units
  • The Fountains Association, Phone Number (562) 597-5006
  • Pacific Coast HOA
  • The Fountains Subdivision

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,921

Year Built

Built in 1977

Lot Details

0

HOA Fees

$425 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Gated Community
  • Subdivision Name Other: The Fountains (TF)
  • View: Yes
  • Zoning: LBR4R
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7220003055
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1579.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Open Floorplan
  • Stories: 2
  • Entry Location: Fist Floor
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 488.69
  • Room Type: All Bedrooms Up
  • Spa Features: Community
  • Bathroom Features: Bathtub, Vanity Area
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: Trees/Woods
  • Patio And Porch Features: Patio, Patio Open
  • Pool Features: Association
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 102
  • Amenities: Pickleball, Pool, Spa/Hot Tub, Tennis Court(s), Pet Rules
  • Association Fee: 425.00
  • Association Fee Frequency: Monthly
  • Association Name: The Fountains
  • Phone: 562-597-5006
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: Pacific Coast

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 253492.00
  • Lot Size Acres: 5.8194

Multi Family

  • Lease Considered: No
  • Lot Size Area: 253492.0000 Square Feet
  • Number Of Units In Community: 82
  • Number Of Units Total: 82

Tax Info

  • Tax Census Tract: 5748.00
  • Tax Lot: 1
  • Tax Tract Number: 31444
  • TaxOtherAnnualAssessmentAmount: 336.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2024
Sold by
Perez Lillian
Bought by
Perez Lillian and Torres Camila Jordan
Total Days on Market
9
Current Estimated Value
$797,870

Purchase Details

Listed on
Jun 14, 2023
Closed on
Jun 28, 2023
Sold by
Novick-Torres Corinne
Bought by
Torres Edgar and Perez Lillian Melissa
Seller's Agent
Mylene Le Bail
Keller Williams Pacific Estate
Buyer's Agent
Cindi Rogan
Pacific Sotheby's International Realty
List Price
$710,000
Sold Price
$771,640
Premium/Discount to List
$61,640
8.68%
Views
102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.82%
Original Mortgage
$703,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2022
Sold by
Novick Corinne and Novick-Torres Corinne
Bought by
Novick-Torres Corinne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2017
Sold by
Novick Jeffrey A
Bought by
Novick Corinne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2014
Sold by
Novick Corinne
Bought by
Novick Corinee and Novick Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2014
Sold by
Forness Gilbert H
Bought by
Novick Corinne and Novick Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2012
Sold by
Brown Gillis E
Bought by
Forness Gilbert H and Kim Insik Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2007
Sold by
Brown Gillis E
Bought by
Brown Gillis E and Elias Alexandra

Purchase Details

Closed on
May 29, 2002
Sold by
Brown Gillis E
Bought by
Brown Gillis E and Gillis E Brown Trust

Purchase Details

Closed on
Nov 16, 2000
Sold by
Lawee Monique
Bought by
Brown Gillis E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.89%

Purchase Details

Closed on
Apr 28, 1998
Sold by
Hall Andrew
Bought by
Lawee Monique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.13%

Purchase Details

Closed on
Apr 20, 1998
Sold by
Stetler Mary E Tr Stetler Trust
Bought by
Lawee Monique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.13%
Source: Public Records

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Range of Values:

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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
Perez Lillian -- None Listed On Document
Torres Edgar -- None Listed On Document
Torres Edgar $772,000 Fidelity National Title
Novick-Torres Corinne -- Mortgage Connect
Novick-Torres Corinne -- Mortgage Connect
Novick Corinne -- Fidelity National Title Co
Novick Corinee -- Ortc
Novick Corinne $425,000 Ortc
Forness Gilbert H $399,000 North American Title
Brown Gillis E -- None Available
Brown Gillis E -- --
Brown Gillis E $245,000 North American Title Co
Lawee Monique -- Fidelity National Title Co
Lawee Monique $200,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Torres Edgar $703,000
Previous Owner Novick-Torres Corinne $400,000
Previous Owner Novick Corinne $301,000
Previous Owner Novick Corinne $318,750
Previous Owner Forness Gilbert H $319,200
Previous Owner Brown Gillis E $160,000
Previous Owner Brown Gillis E $165,000
Previous Owner Lawee Monique $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Sold $771,640 +8.7% $489 / Sq Ft
06/14/2023 06/14/23 For Sale $710,000 -- $450 / 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
2024 $9,921 $771,600 $469,400 $302,200
2023 $7,320 $560,654 $239,109 $321,545
2022 $6,872 $549,662 $234,421 $315,241
2021 $6,736 $538,885 $229,825 $309,060
2019 $6,640 $522,903 $223,009 $299,894
2018 $5,716 $457,877 $225,922 $231,955
2017 $5,651 $448,900 $221,493 $227,407
2016 $5,248 $440,099 $217,150 $222,949
2015 $5,036 $433,490 $213,889 $219,601
2014 $4,815 $408,826 $196,421 $212,405
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23104355

California Regional Multiple Listing Service (CRMLS)

APN: 7220-003-055