NOT LISTED FOR SALE

535 Magnolia Ave, Unit 308 Long Beach, CA 90802

West Village Neighborhood

Estimated Value: $512,976 - $626,000

2 Beds
2 Baths
1,014 Sq Ft
$307/mo HOA Fee

Last Sold October 01, 2015

Last sale price $290,000 $286 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,586/month

17 Days on Market

Highlights

  • Roof Top Pool
  • Ocean Side of Freeway
  • 0.8 Acre Lot
  • Fitness Center
  • City Lights View
  • Main Floor Primary Bedroom

About This Home

As of October 2015

Welcome to Magnolia Place. This charming 2 bedroom 2 bath condo in the heart of downtown Long Beach is just a short walk to the beach. Located on the 3rd floor, this corner unit has views from 2 sides of the building. What a great way to view the beautiful city. A feeling of openness with private balconies in each bedroom and living room accents the floor plan.The interior features beautiful dark wood laminate flooring throughout the kitchen and living room. The kitchen includes granite counter tops and a breakfast bar that opens up to the living room. The spacious master bedroom has a walk in closet with built ins along with linen closest. The oversized 2nd bedroom features its own balcony, large closet and ceiling fan. The floor plan is laid out well with the bedrooms at opposite ends of the unit. Parking is not a problem with 2 assigned spaces in the underground gated parking garage. If you are looking for downtown coastal living, look no further. This one is ready for you to call home. If you are looking for an investment, the unit is currently tenant occupied and willing to stay. Please call today for a showing appointment, you will not be disappointed.

Last Agent to Sell the Property

Dane Bebermeyer

Supreme Properties License #01708773 Listed on: 07/14/2015

Last Buyer's Agent

Jovy Morales

The Realty Group License #01344982

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,424

Year Built

  • Built in 1990

Lot Details

  • End Unit
  • Two or More Common Walls
  • Front Yard Sprinklers

HOA Fees

  • $307 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Community Parking Structure

Home Design

  • Entry on the 3rd floor
  • Slab Foundation

Interior Spaces

  • 1,014 Sq Ft Home
  • Ceiling Fan
  • Recessed Lighting
  • Blinds
  • Living Room with Fireplace
  • City Lights Views

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Mirrored Closets Doors
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Outdoor Features

  • Roof Top Pool
  • Ocean Side of Freeway
  • Living Room Balcony
  • Exterior Lighting

Utilities

  • Space Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 46948
  • Assessor Parcel Number 7278021146

Community Details

Overview

  • 50 Units
  • Magnolia Place Association

Recreation

  • Fitness Center
  • Community Pool

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,424

Year Built

Built in 1990

Lot Details

0

HOA Fees

$307 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: refrigerator, dishwasher, garbage disposal, gas stove, ice maker, microwave, washer & dryer
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7278021146
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1014.00
  • Interior Amenities: Balcony, Ceiling Fan(s), Granite Counters, Living Room Balcony, Recessed Lighting
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Laminate, Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Mirror Closet Door(s)
  • Eating Area: In Kitchen
  • Entry Level: 3
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 286.00
  • Room Type: Living Room, Master Bedroom, Main Floor Master Bedroom, Walk-In Closet
  • Window Features: Blinds

Exterior Features

  • Foundation: Slab
  • View: City Lights
  • Pool Features: Association, Roof Top
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Covered, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Ice Maker, Microwave, Refrigerator
  • Heating Type: Space Heater
  • Laundry Features: In Closet, Inside, Stackable
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Gym/Ex Room, Pool
  • Association Fee: 307.00
  • Association Fee Frequency: Monthly
  • Association Name: Magnolia Place
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Long Beach Unified

Lot Info

  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 34912.00
  • Price Per Lot Square Foot: 8.31
  • Lot Size Acres: 0.8010

Multi Family

  • Lease Considered: No
  • Lot Size Area: 34912.0000 Square Feet
  • Number Of Units In Community: 50
  • Number Of Units Total: 50
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 46948

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2015
Closed on
Aug 12, 2015
Sold by
Ludwig Leonard Paul
Bought by
Gomez Patrick Christopher John and Gomez Maria Paz Santos
Seller's Agent
Dane Bebermeyer
Supreme Properties
Buyer's Agent
Jovy Morales
The Realty Group
List Price
$269,900
Sold Price
$290,000
Premium/Discount to List
$20,100
7.45%
Current Estimated Value
$546,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,744
Avg. Annual Appreciation
6.53%
Original Mortgage
$299,570
Interest Rate
3.89%
Mortgage Type
VA

Purchase Details

Closed on
Jun 6, 2013
Sold by
Clairmont Thomas
Bought by
Ludwig Leonard Paul and Ludwig Yelena Petrovna

Purchase Details

Closed on
Jan 30, 2009
Sold by
Galindo Alex and Galindo Mitzi
Bought by
Clairmont Thomas

Purchase Details

Closed on
Oct 23, 2008
Sold by
Eldridge Zerenda Patrice
Bought by
Galindo Alex

Purchase Details

Closed on
Mar 1, 2005
Sold by
Lackey Maurice L and Lackey Zetta W
Bought by
Eldridge Zerenda Patricie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 1995
Sold by
Va
Bought by
Lackey Ser Maurice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,700
Interest Rate
7.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 24, 1995
Sold by
Countrywide Funding Corp
Bought by
Va

Purchase Details

Closed on
Mar 10, 1995
Sold by
Stern Paul W and Countrywide Funding Corp
Bought by
Countrywide Funding Corp

Purchase Details

Closed on
Mar 9, 1995
Sold by
Stern Paul W
Bought by
New England Financial Corp

Purchase Details

Closed on
Nov 4, 1993
Sold by
Stern Paul W
Bought by
Stern Paul W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,900
Interest Rate
6.88%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gomez Patrick Christopher John $290,000 Chicago Title Company
Ludwig Leonard Paul $200,000 Lawyers Title Company
Clairmont Thomas $160,000 Fidelity National Title
Galindo Alex $135,000 None Available
Eldridge Zerenda Patricie $300,000 Commonwealth Title
Lackey Ser Maurice L $73,000 First American Title Co
Va -- --
Countrywide Funding Corp $88,820 Fidelity National Title Ins
New England Financial Corp -- --
Stern Paul W -- World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gomez Patrick Christopher John $299,570
Previous Owner Eldridge Zerenda Patricie $240,000
Previous Owner Lackey Ser Maurice L $65,700
Previous Owner Stern Paul W $149,900
Closed Eldridge Zerenda Patricie $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2015 10/01/15 Sold $290,000 +7.4% $286 / Sq Ft
07/31/2015 07/31/15 Pending -- -- --
07/14/2015 07/14/15 For Sale $269,900 0.0% $266 / Sq Ft
10/15/2013 10/15/13 Rented $1,500 0.0% --
10/02/2013 10/02/13 Under Contract -- -- --
09/20/2013 09/20/13 For Rent $1,500 -- --
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 $4,424 $343,295 $174,488 $168,807
2024 $4,424 $336,565 $171,067 $165,498
2023 $4,349 $329,966 $167,713 $162,253
2022 $4,082 $323,497 $164,425 $159,072
2021 $3,998 $317,154 $161,201 $155,953
2019 $3,941 $307,749 $156,421 $151,328
2018 $3,852 $301,715 $153,354 $148,361
2016 $3,543 $290,000 $147,400 $142,600
2015 $2,483 $203,995 $73,234 $130,761
2014 $2,469 $200,000 $71,800 $128,200
Source: Public Records

Agents Affiliated with this Home

  • Dane Bebermeyer

    Seller's Agent in 2015

    Dane Bebermeyer

    Supreme Properties

    (949) 276-7983

    16 Total Sales

    Dane Bebermeyer
    Section Image

  • J

    Buyer's Agent in 2015

    Jovy Morales

    The Realty Group

    (310) 782-5458

    23 Total Sales

    Jovy Morales
    Section Image
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About This Building

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15153650

California Regional Multiple Listing Service (CRMLS)

APN: 7278-021-146

California Los Angeles County Long Beach 90802 West Village

535 Magnolia Ave Unit 308, Long Beach, CA

This home is located at 535 Magnolia Ave Unit 308, Long Beach, CA 90802 since 14 July 2015 and is currently estimated at $546,744, approximately $539 per square foot. This property was built in 1990. 535 Magnolia Ave Unit 308 is a home located in Los Angeles County with nearby schools including Cesar Chavez Elementary School, Washington Middle School, and Juan Rodriguez Cabrillo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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