NOT LISTED FOR SALE

Estimated Value: $843,000 - $1,192,000

3 Beds
3 Baths
2,278 Sq Ft
$806/mo HOA Fee

Last Sold December 05, 2022

Last sale price $925,000 $406 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,137/month

21 Days on Market

Highlights

  • 0.7 Acre Lot
  • Property is near a park
  • End Unit
  • Minnie Gant Elementary School Rated A
  • Park or Greenbelt View
  • 1-minute walk to Los Altos Plaza Park

About This Home

As of December 2022

Welcome Home to 5280 E. El Prado Ave in coveted Park Estates! This comfortable, elegant & turn-key condo that feels and functions like a single family home, is tucked in a prime location! Located in the heart of the city, Park Estates is considered one of the best neighborhoods in Long Beach. It’s just minutes away from the beach, restaurants, shopping, golfing, tennis courts, farmers’ markets, boating, water sports, and all that Coastal California offers, at one of the best values. This spacious property exudes tranquility. Updated within the last 2 years, this home features top-of-the-line appliances and fixtures, along with an open floor plan that is perfect for indoor-outdoor living and entertaining. The gourmet kitchen with custom cabinets and center island offer the perfect balance between living room, family room & dining area. The updated interior is filled with natural light and features beautiful finishes throughout. Outside, the back patios lush landscaping and the centrally located, inviting pool, create the perfect setting for entertaining or simply relaxing in style. With the nearby park and tree-lined streets of Park Estates adding to the serene atmosphere, if you are looking for the perfect place to call home, this is it! 5280 E. El Prado Ave is a rare find that won't last long on the market; there is truly nothing quite like it! (Tax roll shows 4bed).

Last Agent to Sell the Property

Paige Charnick

Beach Equities License #01755588 Listed on: 10/13/2022

Co-Listed By

Patricia Higgins

Beach Equities License #00679028

Last Buyer's Agent

Danielle Fehmel

Keller Williams Pacific Estate License #01994456

Keller Williams Pacific Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,897

Year Built

  • Built in 1953

Lot Details

  • No Common Walls
  • End Unit

HOA Fees

  • $806 Monthly HOA Fees

Parking

  • 2.75 Car Garage

Property Views

  • Park or Greenbelt
  • Pool

Home Design

  • Turnkey

Interior Spaces

  • 2,278 Sq Ft Home
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Two cooling system units
  • Ductless Heating Or Cooling System
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 24287
  • Assessor Parcel Number 7240012020

Community Details

Overview

  • 14 Units
  • Park Estates Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Park

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,897

Year Built

Built in 1953

Lot Details

0

HOA Fees

$806 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Park Estates (PE)
  • View: Yes
  • Zoning: LBR4R
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7240012020
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2278.00 Square Feet
  • Common Walls: End Unit, No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 406.06
  • Room Type: Family Room, Formal Entry, Living Room

Exterior Features

  • View: Park/Greenbelt, Pool
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.75
  • Total Parking Spaces: 2.75

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Pet Rules
  • Association Fee: 805.86
  • Association Fee Frequency: Monthly
  • Association Name: on file
  • Phone: on file
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Park, Suburban
  • Association Management: on file

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft, Park Nearby
  • Lot Size Sq Ft: 30489.00
  • Lot Size Acres: 0.6999

Multi Family

  • Lease Considered: No
  • Lot Size Area: 30489.0000 Square Feet
  • Number Of Units In Community: 14
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5748.00
  • Tax Lot: 1
  • Tax Tract Number: 24287

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2022
Closed on
Nov 9, 2022
Sold by
Mizraji Family Trust
Bought by
Kim Yong and Sullivan Amber
Seller's Agent
Paige Charnick
Beach Equities
Buyer's Agent
Danielle Fehmel
Keller Williams Pacific Estate
List Price
$995,000
Sold Price
$925,000
Premium/Discount to List
-$70,000
-7.04%
Total Days on Market
21
Views
29
Current Estimated Value
$1,006,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,327
Avg. Annual Appreciation
3.44%
Original Mortgage
$832,500
Outstanding Balance
$810,806
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$195,521

Purchase Details

Listed on
Jan 24, 2020
Closed on
Feb 5, 2020
Sold by
Fleckenstein David and Schneider Larry J
Bought by
Mizraji Gabriel M and Mizraji Tracey L
Seller's Agent
Heather Burke
Coldwell Banker Realty
Buyer's Agent
Patricia Higgins
Beach Equities
List Price
$689,900
Sold Price
$675,000
Premium/Discount to List
-$14,900
-2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.00%
Original Mortgage
$472,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 1999
Sold by
Schneider Larry J
Bought by
Schneider Larry J and Larry Schneider Living Trust

Purchase Details

Closed on
Jul 21, 1994
Sold by
Property Mtg Co Inc
Bought by
Schneider Larry J and Fleckenstein David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,400
Interest Rate
8.38%
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
Kim Yong $925,000 Ticor Title
Mizraji Gabriel M $675,000 First American Title
Schneider Larry J -- --
Fleckenstein David -- --
Schneider Larry J $188,000 First American Title Company
Property Mtg Co Inc $16,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Yong $832,500
Previous Owner Mizraji Gabriel M $472,500
Previous Owner Mizraji Gabriel M $472,500
Previous Owner Fleckenstein David $134,000
Previous Owner Schneider Larry J $150,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2022 12/05/22 Sold $925,000 -7.0% $406 / Sq Ft
10/13/2022 10/13/22 For Sale $995,000 +47.4% $437 / Sq Ft
02/24/2020 02/24/20 Sold $675,000 -2.2% $296 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $689,900 -- $303 / 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 $11,897 $928,200 $372,300 $555,900
2023 $11,701 $910,000 $365,000 $545,000
2022 $8,514 $685,325 $273,099 $412,226
2021 $8,344 $671,889 $267,745 $404,144
2020 $4,116 $314,829 $141,288 $173,541
2019 $4,069 $308,657 $138,518 $170,139
2018 $3,957 $302,605 $135,802 $166,803
2016 $3,624 $290,857 $130,530 $160,327
2015 $3,482 $286,489 $128,570 $157,919
2014 $3,460 $280,878 $126,052 $154,826
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22221400

California Regional Multiple Listing Service (CRMLS)

APN: 7240-012-020