NOT LISTED FOR SALE

5140 E Atherton St Unit 20 Long Beach, CA 90815

Park Estates Neighborhood

Estimated Value: $475,000 - $608,000

2 Beds
2 Baths
1,400 Sq Ft
$402/Sq Ft Est. Value

Last Sold August 10, 2018

Last sale price $385,000 $275 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,673/month

68 Days on Market

Highlights

  • View of Trees or Woods
  • 328,978 Sq Ft lot
  • Granite Countertops
  • Bixby Elementary School Rated 9+
  • Clubhouse
  • 4-minute walk to Bouton Creek Park

About This Home

As of August 2018

Best Location, Best Floor plan and Best Condition in the Complex!!! You won’t find better. Located at the rear of the complex, this top floor 2 bedroom, 2 bath Sovereign Park Estates Coop has 1,303 sf of living space. It is located in the corner for privacy had has views from the rear overlooking Park Estates. The floor plan feels more like a small house rather than a condo. The living room opens to a large private patio. The kitchen is flanked by a dining room on one side and a comfortable den on the other, all with views to the rear. The large master bedroom has a private 3/4 bath and lots of closet space. The 2nd bedroom features a built in Murphy Bed, and there is a common bath as well. Condition wise the kitchen has been remodeled with newer cabinets, appliances and Italian Granite. There are refinished hardwood floors through most of the living space while the bedrooms are carpeted. The hallway has lots of storage. Other updates / upgrades include dual pane windows, central heat and central air conditioning. There is a one car garage. There are 7 laundry rooms throughout the complex. The association does not allow inside unit laundry to be added. Association rules require owners to live in the units to be owner occupied. This is a Stock Cooperative (Coop) which requires different financing. The association requires 20% down minimum. Association dues are $444 per month and include internet and cable tv. Call agent private remarks for financing details.

Last Agent to Sell the Property

John Dumke

John Dumke, Broker License #01030015 Listed on: 04/30/2018

Last Buyer's Agent

Bruce Childress

The Childress Group, Inc License #02005377

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1965

Lot Details

  • 7.55 Acre Lot
  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $444 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available

Property Views

  • Woods
  • Neighborhood

Home Design

  • 1,400 Sq Ft Home
  • Entry on the 2nd floor

Kitchen

  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 063
  • Tax Tract Number 7240
  • Assessor Parcel Number 7240001063

Community Details

Overview

  • 160 Units
  • Sovereign Pe Association, Phone Number (562) 572-2296

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Co-Op

Year Built

Built in 1965

Lot Details

0

HOA Fees

$444 per month

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Sovereign Park Estates (SPE)
  • View: Yes
  • Zoning: LBR3S
  • Property Sub Type: Stock Cooperative
  • Property Type: Residential
  • Parcel Number: 7240001063
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1400.00 Square Feet
  • Interior Amenities: Granite Counters
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 275.00
  • Room Type: Master Bedroom

Exterior Features

  • View: Neighborhood, Trees/Woods
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Clubhouse, Dues Paid Monthly
  • Association Fee: 444.00
  • Association Fee Frequency: Monthly
  • Association Name: Sovereign PE
  • Phone: 562-572-2296
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 328978.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 160
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5748.00
  • Tax Lot: 063
  • Tax Tract Number: 7240

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 1995
Sold by
Marcia Cramer Lucy
Bought by
Cramer Charles V
Current Estimated Value
$562,293
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cramer Charles V -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2018 08/10/18 Sold $385,000 +2.7% $275 / Sq Ft
07/07/2018 07/07/18 Pending -- -- --
06/28/2018 06/28/18 Price Changed $375,000 0.0% $268 / Sq Ft
06/28/2018 06/28/18 For Sale $375,000 -2.6% $268 / Sq Ft
06/09/2018 06/09/18 Pending -- -- --
06/05/2018 06/05/18 Price Changed $385,000 -3.5% $275 / Sq Ft
05/15/2018 05/15/18 Price Changed $399,000 -4.8% $285 / Sq Ft
04/30/2018 04/30/18 For Sale $419,000 -- $299 / 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 $3,811 $295,372 $218,424 $76,948
2024 $3,811 $289,582 $214,142 $75,440
2023 $3,745 $283,905 $209,944 $73,961
2022 $3,518 $278,339 $205,828 $72,511
2021 $3,525 $272,883 $201,793 $71,090
2020 $3,515 $270,086 $199,724 $70,362
2019 $2,255 $171,030 $39,781 $131,249
2018 $2,188 $167,677 $39,001 $128,676
2016 $2,003 $161,168 $37,488 $123,680
2015 $1,936 $158,748 $36,925 $121,823
2014 $1,928 $155,639 $36,202 $119,437
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18099529

California Regional Multiple Listing Service (CRMLS)

APN: 7240-001-063