NOT LISTED FOR SALE

Estimated Value: $313,000 - $376,000

1 Bed
1 Bath
606 Sq Ft
$224/ mo HOA Fee

Last Sold July 31, 2023

Last sale price $350,000 $578 Per Sq Ft

Current estimated payment $2,440/month

18 Days on Market

Highlights

  • Ocean View
  • Across the Road from Lake or Ocean
  • Open Floorplan
  • 24-Hour Security
  • 0.47 Acre Lot
  • Contemporary Architecture

About This Home

As of July 2023

Welcome to your delightful abode at 545 Chestnut Avenue, located in the heart of Long Beach. This tranquil and inviting property boasts a well-arranged one-bedroom and a cozy one-bathroom layout.

Residing here gifts you the privilege of proximity to the breathtaking beach - the perfect sanctuary to unwind, rejuvenate, and bask in the sublime Californian sunshine. Upon your return, everything you need is conveniently at your fingertips.

With a host of essential facilities such as grocery stores a short distance away, your daily errands become a breeze. Additionally, you are just a leisurely stroll away from renowned attractions such as the fascinating Long Beach Aquarium and the picturesque Long Beach Pier.

Choosing to call 545 Chestnut Avenue your home places you at the intersection of tranquility and excitement. The vibrant offerings of Long Beach are at your doorstep, but the peace and quiet of a serene community await you at home. This makes it an ideal location, whether you're an adventurer or a homebody.

Experience the charm of 545 Chestnut Avenue firsthand. Here, you are not just acquiring a house, but stepping into a captivating coastal lifestyle, rich in experiences, and abundant in conveniences. It's not just a perfect place to own a home, it's a dream come true. Welcome to your very own paradise by the sea.

Last Agent to Sell the Property

Rickie Jones

Trusted Real Estate License #02111060 Listed on: 06/22/2023

Last Buyer's Agent

Harold Shaw

C-21 Realty Team License #01231630

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1972

Lot Details

  • Property fronts an alley
  • Two or More Common Walls
  • South Facing Home
  • Fenced
  • Fence is in good condition
  • Density is 36-40 Units/Acre

HOA Fees

  • $224 Monthly HOA Fees

Property Views

  • Ocean
  • Coastline
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Turnkey
  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof
  • Mixed Roof Materials

Interior Spaces

  • 606 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Shutters
  • Living Room
  • Storage
  • Laundry Room
  • Wood Flooring
  • Security Lights

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Tile Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub
  • Walk-in Shower

Parking

  • Public Parking
  • Parking Available

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Across the Road from Lake or Ocean

Utilities

  • Forced Air Heating System
  • Hot Water Heating System
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 25299
  • Assessor Parcel Number 7280001080
  • $201 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • 64 Units
  • Optimum Professional Property Management Association, Phone Number (714) 508-9070
  • Maintained Community

Amenities

  • Laundry Facilities

Security

  • 24-Hour Security
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

0.47 Acres

HOA Fees

$224 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Access Road, Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: 24 Hour Security, Gated with Attendant, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security Lights, Smoke Detector(s)
  • Subdivision Name Other: Long Beach
  • View: Yes
  • Zoning: LBPD10
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7280001080
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 606.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Pantry, Storage, Unfurnished
  • Stories: 4
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 577.56
  • Room Type: Living Room, Master Bedroom
  • Window Features: Shutters
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Brick/Mortar
  • Exterior Features: Lighting
  • View: Coastline, Neighborhood, Ocean
  • Fence: Yes
  • Fencing: Good Condition
  • Pool Private: No
  • Roof: Mixed, Shingle
  • Spa: No
  • Construction Materials: Brick

Garage/Parking

  • Parking: Yes
  • Parking Features: Public

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Underground Utilities, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Cooktop, Microwave
  • Electric: Standard
  • Heating Type: Central, Forced Air
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Trash, Utilities, Sewer, Water, Guard, Security, Controlled Access, Hot Water, Maintenance Front Yard
  • Association Fee: 223.86
  • Association Fee Frequency: Monthly
  • Association Name: Optimum Professional Property Management
  • Phone: 7145089070
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
  • Association Management: Optimum Professional Property Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 36-40 Units/Acre
  • Lot Size Sq Ft: 20546.00
  • Lot Size Acres: 0.4717

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20546.0000 Square Feet
  • Number Of Units In Community: 64
  • Number Of Units Total: 64
  • Waterfront Features: Across the Road from Lake/Ocean

Tax Info

  • Tax Census Tract: 5759.02
  • Tax Lot: 1
  • Tax Tract Number: 25299
  • TaxOtherAnnualAssessmentAmount: 201.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Jul 19, 2023
Sold by
Carpenter Brenda L
Bought by
Shaw Shawls
Seller's Agent
Rickie Jones
Trusted Real Estate
Buyer's Agent
Harold Shaw
C-21 Realty Team
List Price
$365,000
Sold Price
$350,000
Premium/Discount to List
-$15,000
-4.11%
Views
125
Current Estimated Value
$349,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$837
Avg. Annual Appreciation
-0.09%
Original Mortgage
$339,500
Outstanding Balance
$331,250
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$17,913

Purchase Details

Closed on
Jul 9, 2001
Sold by
Vinton Mark A
Bought by
Carpenter Brenda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,518
Interest Rate
7.09%
Mortgage Type
VA

Purchase Details

Closed on
May 1, 2000
Sold by
Bafik Leonard M
Bought by
Vinton Mark A and White Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,710
Interest Rate
9%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shaw Shawls $350,000 Western Resources Title
Carpenter Brenda L $81,000 North American Title Co
Vinton Mark A $52,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaw Shawls $339,500
Previous Owner Carpenter Brenda L $82,518
Previous Owner Vinton Mark A $46,710
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2023 07/31/23 Sold $350,000 -4.1% $578 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $365,000 0.0% $602 / Sq Ft
06/28/2023 06/28/23 Price Changed $365,000 +4.6% $602 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $349,050 -- $576 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,556 $357,000 $233,988 $123,012
2024 $4,556 $350,000 $229,400 $120,600
2023 $1,552 $114,993 $50,114 $64,879
2022 $1,459 $112,739 $49,132 $63,607
2021 $1,423 $110,529 $48,169 $62,360
2019 $1,400 $107,253 $46,742 $60,511
2018 $1,366 $105,151 $45,826 $59,325
2016 $1,256 $101,070 $44,048 $57,022
2015 $1,207 $99,553 $43,387 $56,166
2014 $1,203 $97,604 $42,538 $55,066
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23111005

California Regional Multiple Listing Service (CRMLS)

APN: 7280-001-080

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