NOT LISTED FOR SALE

Estimated Value: $697,000 - $848,000

3 Beds
2.5 Baths
1,420 Sq Ft
$300/mo HOA Fee

Last Sold June 01, 2018

Last sale price $490,000 $345 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,829/month

11 Days on Market

Highlights

  • Primary Bedroom Suite
  • Updated Kitchen
  • Open Floorplan
  • Long Beach Polytechnic High School Rated A
  • 32,387 Sq Ft lot
  • 3-minute walk to Miracle On Fourth Street Park

About This Home

As of June 2018

Welcome to 533 Walnut Ave unit #21 located in the very vibrant City of Long Beach. Located minutes away from downtown, the beach, The Promenade and Aquarium of the Pacific, this 3 bedroom, 2.5 bathroom features 1,420 square feet of completely upgraded interior space spread out over 3 stories, direct access 2 car garage, central heat with Nest thermostat controls. The front entrance (2nd floor) invites you into the main living area which features stylish gray laminate flooring, crown molding, recessed lights, cozy fireplace, plantation shutters on all the windows and connects into the dining room. The main level also features a convenient and nicely upgraded half bath, a separate dining nook, closet, pantry, washer/dryer access and upgraded kitchen with newly installed kitchen window. You’ll find plush carpeting on all the staircases. The third floor features all of the bedrooms, with vaulted ceilings. The 2nd and 3rd bedrooms are spacious and have been upgraded with the gray laminate flooring, neutral paint and plantation shutters on the window. The hallway bathroom has been completely remodeled with a custom vanity, tiled shower, frameless glass door and matte slate tiles on the floor. The master bedroom features a cozy balcony with brand new sliding door, walk-in closet with custom cabinetry, a connected master bathroom with newly installed matte slate tiles and brand new window. The bottom floor features an extra bonus room. HOA includes water, trash and insurance.

Last Agent to Sell the Property

Chris Kwon

Real Broker License #01918857 Listed on: 04/16/2018

Real Broker

Last Buyer's Agent

Douglas Matsuda

T.N.G. Real Estate Consultants License #01917064

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,994

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors

Home Design

  • Turnkey
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,420 Sq Ft Home
  • Open Floorplan
  • Dual Staircase
  • Bar
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Sliding Doors
  • Entryway
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Storage
  • Laundry Room
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Home Security

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Front Porch

Utilities

  • Central Heating
  • Gas Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 45988
  • Assessor Parcel Number 7266018062

Community Details

Overview

  • 30 Units
  • Walnut Villas Association, Phone Number (714) 669-4572

Amenities

  • Laundry Facilities

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,994

Year Built

Built in 1990 | Remodeled

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • View: Yes
  • Zoning: LBR3T
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7266018062
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1420.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Bar, Ceiling Fan(s), Crown Molding, Granite Counters, Open Floorplan, Pantry, Recessed Lighting, Storage
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 345.07
  • Room Type: All Bedrooms Up, Entry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood
  • Fence: No
  • Patio And Porch Features: Concrete, Patio, Front Porch
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Refrigerator
  • Heating Type: Central
  • Laundry Features: Common Area, Inside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Monthly
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Association Name: Walnut Villas
  • Phone: 714-669-4572
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 32387.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 30
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5765.02
  • Tax Lot: 1
  • Tax Tract Number: 45988

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2018
Closed on
May 4, 2018
Sold by
Gil Marigold and Mendoza Maria Lourdes
Bought by
Varley Peter Jl and Varley Jenny R
Seller's Agent
Chris Kwon
Real Broker
Buyer's Agent
Douglas Matsuda
T.N.G. Real Estate Consultants
List Price
$475,000
Sold Price
$490,000
Premium/Discount to List
$15,000
3.16%
Current Estimated Value
$753,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,852
Avg. Annual Appreciation
5.99%
Original Mortgage
$416,500
Outstanding Balance
$358,620
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$395,232

Purchase Details

Listed on
Feb 7, 2014
Closed on
Feb 18, 2014
Sold by
Rancho Horizon Llc
Bought by
Gil Marigold and Mendoza Maria Lourdes
Seller's Agent
Valerie Taylor
Valerie Taylor, Broker
Buyer's Agent
Cecilia Nguyen
First Team -Corporate Office
List Price
$330,990
Sold Price
$335,000
Premium/Discount to List
$4,010
1.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.43%
Original Mortgage
$328,932
Interest Rate
4.29%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 2014
Sold by
Gillings Kyle and Gillings Kristy
Bought by
Rancho Horizon Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,932
Interest Rate
4.29%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 17, 2012
Closed on
May 3, 2012
Sold by
Rancho Horizon Llc
Bought by
Gillings Kyle and Gillings Kristy
Seller's Agent
Rick Young
Young Estate Services
Buyer's Agent
Danielle Scott
Nationwide Real Estate Execs
List Price
$229,000
Sold Price
$238,000
Premium/Discount to List
$9,000
3.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%
Original Mortgage
$233,689
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 2012
Sold by
Parker Margaret
Bought by
Rancho Horizon Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,689
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 7, 2007
Sold by
Parker Margaret
Bought by
Parker Margaret and Ray Shanti N

Purchase Details

Closed on
Sep 9, 2004
Sold by
Guerrero Jose Matilde and Contreras Virginia Gloria
Bought by
Guerrero Jose Matilde and Contreras Virginia Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
5.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2002
Sold by
Garcia Manuel and Velasco Becky C
Bought by
Guerrero Jose Matilde and Contreras Virginia Gloria

Purchase Details

Closed on
Dec 21, 1998
Sold by
Lincoln Trust Company
Bought by
Parker Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,250
Interest Rate
6.82%
Source: Public Records

Range of Values:

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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
Varley Peter Jl $490,000 Lawyers Title Company
Gil Marigold $335,000 Ticor Title Riverside
Rancho Horizon Llc $255,000 Accommodation
Gillings Kyle $238,000 Advantage Title Inc
Rancho Horizon Llc $151,500 Accommodation
Parker Margaret -- None Available
Guerrero Jose Matilde -- Commonwealth Land Title Co
Guerrero Jose Matilde -- --
Parker Margaret $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varley Peter Jl $416,500
Previous Owner Gil Marigold $328,932
Previous Owner Gillings Kyle $233,689
Previous Owner Guerrero Jose Matilde $187,500
Previous Owner Parker Margaret $90,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2018 06/01/18 Sold $490,000 +3.2% $345 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $475,000 +41.8% $335 / Sq Ft
03/12/2014 03/12/14 Sold $335,000 +1.2% $236 / Sq Ft View Prior Sale
02/14/2014 02/14/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $330,990 +39.1% $233 / Sq Ft
06/13/2012 06/13/12 Sold $238,000 0.0% $168 / Sq Ft View Prior Sale
05/02/2012 05/02/12 Pending -- -- --
04/30/2012 04/30/12 Price Changed $238,000 +3.9% $168 / Sq Ft
04/17/2012 04/17/12 For Sale $229,000 -- $161 / 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 $6,994 $557,528 $376,617 $180,911
2024 $6,994 $546,597 $369,233 $177,364
2023 $6,876 $535,881 $361,994 $173,887
2022 $6,451 $525,375 $354,897 $170,478
2021 $6,321 $515,075 $347,939 $167,136
2020 $6,304 $509,795 $344,372 $165,423
2019 $6,245 $499,800 $337,620 $162,180
2018 $4,511 $360,915 $193,602 $167,313
2016 $4,143 $346,902 $186,085 $160,817
2015 $3,976 $341,692 $183,290 $158,402
2014 $2,911 $243,861 $90,679 $153,182
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18086649

California Regional Multiple Listing Service (CRMLS)

APN: 7266-018-062