Seller's Agent in 2022
Lorene Morgan
Fathom Realty Group Inc.
(562) 397-6018
2 in this area
21 Total Sales
505 Cedar Ave Unit 1B Long Beach, CA 90802
West Village NeighborhoodEstimated Value: $419,000 - $513,000
2
Beds
2
Baths
881
Sq Ft
$343/mo
HOA Fee
Highlights
- Primary Bedroom Suite
- 2-minute walk to Pacific Station
- Granite Countertops
- 0.16 Acre Lot
- Traditional Architecture
- Bathtub
About This Home
As of September 2022Fell out of Escrow- and we are allready to open again!!
Conveniently located in downtown Long Beach this condo is surrounded by shopping, entertainment, and fine dining. So much summer fun ..... walking distance to the Long Beach Civic Center, Queen Mary, Aquarium of the Pacific, Marina, and of course the beach. Plus, when you need to work you can conveniently use of the metro station just down the street
Brand new flooring through out living room, dining room, and bedrooms. Lots of closet and cabinet space.. This is a quiet complex
The master bedroom offers plenty of closet space and includes an en-suite bathroom and a sliding door to the private patio area. On-site community laundry room. This unit also includes a designated 1 car-parking garage and a private patio area in the back! This is a quiet complex a good place to live and a great investment
Last Agent to Sell the Property
Fathom Realty Group Inc. License #00971941 Listed on: 05/29/2022
Property Details
Home Type
- Condominium
Year Built
- Built in 1962
Lot Details
- Two or More Common Walls
- Southeast Facing Home
- Fenced
- Fence is in fair condition
- Density is up to 1 Unit/Acre
HOA Fees
- $343 Monthly HOA Fees
Parking
- 1 Open Parking Space
- 1 Car Garage
- Parking Available
- Single Garage Door
Home Design
- 881 Sq Ft Home
- Traditional Architecture
- Raised Foundation
- Fire Rated Drywall
- Composition Roof
Kitchen
- Electric Oven
- Electric Cooktop
- Granite Countertops
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary Bedroom Suite
- 2 Full Bathrooms
- Bathtub
- Walk-in Shower
Laundry
- Laundry Room
Outdoor Features
- Concrete Porch or Patio
- Exterior Lighting
Utilities
- Central Heating
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 25 / 59
- Assessor Parcel Number 7280002082
Community Details
Overview
- 10 Units
- Remco Association, Phone Number (562) 494-3805
Additional Features
- Laundry Facilities
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 29, 2022
Closed on
Aug 11, 2022
Sold by
Gonzalez Joseph W
Bought by
Palik Yuna and Pahk Joseph
Seller's Agent
Lorene Morgan
Fathom Realty Group Inc.
Buyer's Agent
Robert Lugari
Compass
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,640
Avg. Annual Appreciation
2.07%
Original Mortgage
$355,000
Outstanding Balance
$338,346
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$122,294
Purchase Details
Closed on
Aug 12, 2011
Sold by
Gonzalez Brenda Alice and Williams Family Trust
Bought by
Gonzalez Joseph W
Purchase Details
Closed on
Mar 31, 2009
Sold by
The Williams Family Trust
Bought by
Gonzalez Brenda Alice
Purchase Details
Closed on
Sep 14, 1999
Sold by
Williams Harry and Williams Family Trust
Bought by
Williams Harry and Williams Disclaimer Trust
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Palik Yuna | $430,000 | New Title Company Name | |
| Gonzalez Joseph W | -- | None Available | |
| Gonzalez Brenda Alice | -- | None Available | |
| Williams Harry | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Palik Yuna | $355,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/15/2022 09/15/22 | Sold | $430,000 | -4.4% | $488 / Sq Ft |
| 05/29/2022 05/29/22 | For Sale | $450,000 | -- | $511 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $5,683 | $447,372 | $291,312 | $156,060 |
| 2024 | $5,683 | $438,600 | $285,600 | $153,000 |
| 2023 | $5,587 | $430,000 | $280,000 | $150,000 |
| 2022 | $3,320 | $259,935 | $193,719 | $66,216 |
| 2021 | $3,251 | $254,839 | $189,921 | $64,918 |
| 2019 | $3,204 | $247,283 | $184,289 | $62,994 |
| 2018 | $3,127 | $242,435 | $180,676 | $61,759 |
| 2016 | $2,495 | $200,000 | $148,900 | $51,100 |
| 2015 | $2,250 | $184,000 | $137,000 | $47,000 |
| 2014 | $2,110 | $169,000 | $126,000 | $43,000 |
Source: Public Records
Agents Affiliated with this Home
-
Lorene Morgan
-
Robert Lugari
R
Buyer's Agent in 2022
Robert Lugari
Compass
(323) 321-3353
1 in this area
15 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22108793
APN: 7280-002-082
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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