NOT LISTED FOR SALE

Estimated Value: $392,000 - $448,000

1 Bed
1 Bath
610 Sq Ft
$345/mo HOA Fee

Last Sold August 26, 2021

Last sale price $395,000 $648 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,990/month

3 Days on Market

Highlights

  • Roof Top Pool
  • Automatic Gate
  • Open Floorplan
  • 24-Hour Security
  • 0.8 Acre Lot
  • Traditional Architecture

About This Home

As of August 2021

Welcome home to this delightful 1 bedroom/1 bath condo with vaulted ceilings, fresh paint, new kitchen appliances, laundry hookups, new lighting and a terrific open floor plan. This fantastic unit on the 2nd floor is an inside unit (meaning no traffic noise) that overlooks a serene courtyard fountain. And it comes with two balconies for relaxing. Another incredible feature are the TWO deeded parking spaces that go with it, yes you heard that right, two separate parking spaces. Gold in Long Beach! The complex also has plenty of guest parking as well. The HOA offers a well maintained, secure building complete with camera security system, community room, bicycle storage room, elevator access, and a rooftop pool with breathtaking views of downtown Long Beach. Water, trash, and recycling are included with the HOA Fees. Close to the 710 freeway in the historic Wilmore District of Downtown Long Beach, it's just blocks from the beach, the Pike, Shoreline Village, and historic Pine Avenue! This pet friendly condo is FHA and VA approved as well, and definitely won't last long!

Last Agent to Sell the Property

Jennifer Peterson

Compass License #02079239 Listed on: 07/25/2021

Compass

Last Buyer's Agent

Valencia Marlowe

Y Realty License #01498425

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,319

Year Built

  • Built in 1990

Lot Details

  • 0.8

HOA Fees

  • $345 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Carport Spaces
  • Parking Available
  • Driveway Down Slope From Street
  • Automatic Gate
  • Guest Parking
  • Parking Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 610 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • High Ceiling
  • Decorative Fireplace
  • Sliding Doors
  • Living Room with Fireplace
  • Formal Dining Room
  • Laminate Flooring
  • Courtyard Views
  • Alarm System

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Formica Countertops
  • Pots and Pans Drawers

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Pool

  • Roof Top Pool
  • Roof Top Spa

Outdoor Features

  • Living Room Balcony
  • Open Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating
  • Septic Type Unknown

Additional Features

  • Accessible Parking
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 46948
  • Assessor Parcel Number 7278021135

Community Details

Overview

  • 84 Units
  • Magnolia Place Association, Phone Number (818) 691-8900

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • 24-Hour Security
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,319

Year Built

Built in 1990

Lot Details

0

HOA Fees

$345 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Refrigerator, Microwave, Dishwasher, Stove, Oven, Wine Refrigerator
  • Other Phone Description: 818-203-5234
  • Property Attached: Yes
  • Security: 24 Hour Security, Automatic Gate, Closed Circuit Camera(s), Fire Sprinkler System, Smoke Detector(s), Wired for Alarm System
  • View: Yes
  • Zoning: LBPD14
  • Architectural Style: Traditional
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7278021135
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 610.00 Square Feet
  • Interior Amenities: Balcony, High Ceilings, Living Room Balcony, Open Floorplan
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Sliding Doors
  • Eating Area: Separated
  • Fireplace Features: Living Room, Decorative
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 647.54
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Spa Features: Association, Community, Roof Top
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Linen Closet/Storage
  • Room Kitchen Features: Formica Counters, Pots & Pan Drawers

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting, Rain Gutters
  • View: Courtyard
  • Patio And Porch Features: Patio, Patio Open
  • Pool Features: Association, Community, Roof Top
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Assigned, Covered, Direct Garage Access, Driveway Down Slope From Street, Gated, Guest, Parking Space, Private, Subterranean
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, In Closet, Inside
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 1
  • Amenities: Pool, Spa/Hot Tub, Trash, Water, Pet Rules, Pets Permitted, Security
  • Association Fee: 345.06
  • Association Fee Frequency: Monthly
  • Association Name: Magnolia Place
  • Phone: 818-691-8900
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Storm Drains
  • Association Management: Magnolia Place

Schools

  • School District: Long Beach Unified
  • Elementary School: Buyer to Verify
  • Middle School: Buyer to Verify
  • High School: Buyer to Verify
  • Elementary School: Buyer To Verify
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • Elementary School #2: BUTOVE
  • High School2: BUTOVE

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 34912.00
  • Lot Size Acres: 0.8015

Multi Family

  • Lease Considered: No
  • Lot Size Area: 34912.0000 Square Feet
  • Number Of Units In Community: 84
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 46948

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2021
Closed on
Aug 6, 2021
Sold by
Durham Ronald J
Bought by
Janisse Jedon Michelle
Seller's Agent
Jennifer Peterson
Compass
Buyer's Agent
Valencia Marlowe
Y Realty
List Price
$365,500
Sold Price
$395,000
Premium/Discount to List
$29,500
8.07%
Current Estimated Value
$413,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,758
Avg. Annual Appreciation
1.13%
Original Mortgage
$387,845
Outstanding Balance
$352,140
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$61,618

Purchase Details

Closed on
Aug 25, 1994
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Durham Ronald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,400
Interest Rate
8.5%

Purchase Details

Closed on
Jun 1, 1994
Sold by
Consolidated Reconveyance Company
Bought by
Federal Home Loan Mortgage Corporation
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
Janisse Jedon Michelle $395,000 First American Title Company O
Durham Ronald J $38,000 First American Title Company
Federal Home Loan Mortgage Corporation $55,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Janisse Jedon Michelle $387,845
Previous Owner Durham Ronald J $30,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2021 08/26/21 Sold $395,000 +8.1% $648 / Sq Ft
07/28/2021 07/28/21 For Sale $365,500 -- $599 / 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 $5,319 $419,176 $295,652 $123,524
2024 $5,319 $410,957 $289,855 $121,102
2023 $5,229 $402,900 $284,172 $118,728
2022 $4,905 $395,000 $278,600 $116,400
2021 $815 $58,941 $11,779 $47,162
2020 $812 $58,338 $11,659 $46,679
2019 $801 $57,195 $11,431 $45,764
2018 $779 $56,074 $11,207 $44,867
2016 $715 $53,899 $10,773 $43,126
2015 $689 $53,091 $10,612 $42,479
2014 $690 $52,052 $10,405 $41,647
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21151734

California Regional Multiple Listing Service (CRMLS)

APN: 7278-021-135