NOT LISTED FOR SALE

Estimated Value: $538,000 - $680,000

2 Beds
2 Baths
1,014 Sq Ft
$435/mo HOA Fee

Last Sold April 29, 2022

Last sale price $545,000 $537 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,108/month

19 Days on Market

Highlights

  • City Lights View
  • Community Pool
  • Eat-In Kitchen
  • 0.8 Acre Lot
  • Balcony
  • Patio

About This Home

As of April 2022

PROBATE SALE. Upgraded 2 bed / 2 bath 3rd floor. Recently remodeled new flooring, New Kitchen cabinets & fresh paint, Enjoy inside stackable laundry, 2 parking spots in the garage, a gym, rooftop pool, and secure bike storage. This home has it all in a prime location Downtown within walking distance to nearby restaurants, shopping, the shoreline, and much more. FHA Approved

Last Agent to Sell the Property

Rene Paez

Real Consultants License #01840683 Listed on: 03/06/2022

Last Buyer's Agent

Salwa Mishreki

HomeSmart, Evergreen Realty License #01721534

HomeSmart, Evergreen Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,282

Year Built

  • Built in 1990

Lot Details

  • Two or More Common Walls
  • Density is 36-40 Units/Acre
  • Land Lease

HOA Fees

  • $435 Monthly HOA Fees

Interior Spaces

  • 1,014 Sq Ft Home
  • Electric Fireplace
  • City Lights Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Covered Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 46948
  • Assessor Parcel Number 7278021147
  • $200 per year additional tax assessments

Community Details

Overview

  • 82 Units
  • Magnolia Place Association, Phone Number (818) 778-3331
  • Downtown Subdivision

Recreation

  • Community Pool
  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,282

Year Built

Built in 1990

Lot Details

0

HOA Fees

$435 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Ad Number: 323-321-2204
  • Other Phone Description: Cell Ph
  • Other Phone Number: 3233212204
  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: LBPD14
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7278021147
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1014.00 Square Feet
  • Interior Amenities: Balcony
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: In Kitchen
  • Fireplace Features: Electric
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 537.48
  • Room Type: All Bedrooms Down, Master Bathroom

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Pool Features: Community
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Covered
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 435.00
  • Association Fee Frequency: Monthly
  • Association Name: Magnolia Place
  • Phone: 818-778-3331
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Park
  • Association Management: Magnolia Place

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: 36-40 Units/Acre
  • 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: 82
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5759.01
  • Tax Lot: 1
  • Tax Tract Number: 46948
  • TaxOtherAnnualAssessmentAmount: 200.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 1994
Sold by
Gagnon Construction Magnolia Place
Bought by
Mcdowell Fred L
Current Estimated Value
$576,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,205
Interest Rate
7.29%
Mortgage Type
VA
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
Mcdowell Fred L $123,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mcdowell Fred L $125,205
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $545,000 0.0% $537 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/21/2022 03/21/22 Off Market $545,000 -- --
03/19/2022 03/19/22 For Sale $475,000 -12.8% $468 / Sq Ft
03/18/2022 03/18/22 Off Market $545,000 -- --
03/17/2022 03/17/22 For Sale $475,000 -12.8% $468 / Sq Ft
03/16/2022 03/16/22 Off Market $545,000 -- --
03/06/2022 03/06/22 For Sale $475,000 -- $468 / 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 $7,282 $578,356 $378,001 $200,355
2024 $7,282 $567,017 $370,590 $196,427
2023 $7,160 $555,900 $363,324 $192,576
2022 $2,494 $196,973 $77,983 $118,990
2021 $2,438 $193,111 $76,454 $116,657
2019 $2,400 $187,386 $74,188 $113,198
2018 $2,343 $183,713 $72,734 $110,979
2016 $2,151 $176,580 $69,910 $106,670
2015 $2,066 $173,928 $68,860 $105,068
2014 $2,055 $170,522 $67,512 $103,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22037604

California Regional Multiple Listing Service (CRMLS)

APN: 7278-021-147