NOT LISTED FOR SALE

Estimated Value: $500,000 - $622,000

2 Beds
2 Baths
951 Sq Ft
$348/mo HOA Fee

Last Sold February 14, 2020

Last sale price $400,000 $421 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,659/month

7 Days on Market

Highlights

  • No Units Above
  • Gated Community
  • Neighborhood Views
  • Long Beach Polytechnic High School Rated A
  • 2.19 Acre Lot
  • Community Pool

About This Home

As of February 2020

Here it is! Located in North Alamitos Beach, this 2 bedroom 2 bathroom condo has all the necessities and is just a short walk to the beach and all local amenities! Situated on the top floor with vaulted ceilings, this corner unit is sure to be one of the most desirable units in the whole complex. No neighbors above you! The living room features recessed lighting and access to one of two private balconies. Each of the two bedrooms has access to its own private balcony, both overlooking the tree lined street. The master bedroom is spacious with plenty of closet space and access to your own master bathroom. Stackable washer and dryer hookups are conveniently located in the hallway between both bedrooms. The second bedroom is also quite spacious with plenty of room for a desk and includes ample closet space. Also, this unit is one of the few units with central air in the whole complex. Two parking spaces belonging to the unit are located in the access controlled garage so you don't have to worry about street parking. Some of the notable amenities include a pool, spa, community lounge perfect for larger gatherings, and security guard. This complex is FHA approved! Come and see why this is one of the best locations in Long Beach.

Last Agent to Sell the Property

Ray Duran

WEDGEWOOD HOMES REALTY License #01947484 Listed on: 01/09/2020

WEDGEWOOD HOMES REALTY

Last Buyer's Agent

Stewart Baxter

Compass License #01890216

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1985

Lot Details

  • No Units Above
  • End Unit
  • Two or More Common Walls

HOA Fees

  • $348 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking
  • Controlled Entrance

Home Design

  • Turnkey

Interior Spaces

  • 951 Sq Ft Home
  • Ceiling Fan
  • Recessed Lighting
  • Living Room with Fireplace
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Fence Around Pool
  • Living Room Balcony

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 43051
  • Assessor Parcel Number 7266013130

Community Details

Overview

  • 164 Units
  • Genesis Association, Phone Number (562) 308-3286

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1985

Lot Details

0

HOA Fees

$348 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: stove, refrigerator, microwave, dishwasher
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Zoning: LBR3T
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7266013130
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 951.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Living Room Balcony, Recessed Lighting
  • Common Walls: 2+ Common Walls, End Unit, No One Above
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 420.61
  • Room Type: Master Bathroom, Master Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Features: Association, Community, Fenced
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Controlled Entrance, Garage, On Site
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Pet Rules, Controlled Access
  • Association Fee: 348.00
  • Association Fee Frequency: Monthly
  • Association Name: Genesis
  • Phone: 5623083286
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks
  • Association Management: Genesis

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 95336.00
  • Lot Size Acres: 2.1886

Multi Family

  • Lease Considered: No
  • Lot Size Area: 95336.0000 Square Feet
  • Number Of Units In Community: 164
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5765.02
  • Tax Lot: 1
  • Tax Tract Number: 43051

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2020
Closed on
Jan 22, 2020
Sold by
Alengadan Neeta
Bought by
Schroeder Molly
Seller's Agent
Ray Duran
WEDGEWOOD HOMES REALTY
Buyer's Agent
Stewart Baxter
Compass
List Price
$385,000
Sold Price
$400,000
Premium/Discount to List
$15,000
3.9%
Current Estimated Value
$544,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,874
Avg. Annual Appreciation
5.38%
Original Mortgage
$400,000
Outstanding Balance
$354,231
Interest Rate
3.72%
Mortgage Type
Commercial
Estimated Equity
$190,643

Purchase Details

Listed on
Feb 16, 2016
Closed on
Feb 26, 2016
Sold by
Stokesberry Michael
Bought by
Alengadan Neeta
Seller's Agent
Donna Doria
Re/Max R. E. Specialists
Buyer's Agent
Rhonda Cudeback
Keller Williams Pacific Estate
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
Original Mortgage
$294,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2014
Closed on
Jun 11, 2014
Sold by
Thomas Reed Brian Patrick
Bought by
Stokesberry Michael and Adams Charles
Seller's Agent
Estefanita Hands
Beach Equities
Buyer's Agent
Kathryn Ball
Coldwell Banker Envision
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.97%
Original Mortgage
$259,799
Interest Rate
4.16%
Mortgage Type
VA

Purchase Details

Closed on
Jul 19, 2013
Sold by
Thomas Amir Rashad
Bought by
Reed Brian Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2013
Sold by
Reed Brian Patrick
Bought by
Reed Brian Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2009
Sold by
Hoffman Matthew A and Hoffman Julia K
Bought by
Reed Brian P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2007
Sold by
Hoffman Matthew A and Hoffman Julia K
Bought by
Hoffman Matthew A

Purchase Details

Closed on
May 30, 2006
Sold by
Windau Christopher M and Windau Nancy S
Bought by
Hoffman Matthew A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
7.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 12, 2004
Sold by
Yee James and Yee Joyce
Bought by
Windau Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2003
Sold by
Nedobity Michael
Bought by
Yee James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
5.83%

Purchase Details

Closed on
Sep 11, 2001
Sold by
Bratton Patrick J
Bought by
Nedobity Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,550
Interest Rate
6.91%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Schroeder Molly $400,000 Fidelity National Title Co
Alengadan Neeta $310,000 Fatco
Stokesberry Michael $260,000 North American Title Company
Reed Brian Patrick -- Fidelity National Title Co
Reed Brian Patrick -- Fidelity National Title Oran
Reed Brian P $195,000 Fidelity National Title Co
Hoffman Matthew A -- None Available
Hoffman Matthew A $375,000 North American Title Co
Windau Christopher M $245,000 North American Title Co
Yee James $175,000 Southland Title Corporation
Nedobity Michael $115,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schroeder Molly $400,000
Previous Owner Alengadan Neeta $294,500
Previous Owner Stokesberry Michael $259,799
Previous Owner Reed Brian Patrick $144,000
Previous Owner Reed Brian Patrick $144,000
Previous Owner Reed Brian P $156,000
Previous Owner Hoffman Matthew A $262,500
Previous Owner Windau Christopher M $196,000
Previous Owner Yee James $122,500
Previous Owner Nedobity Michael $111,550
Closed Windau Christopher M $49,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/14/2020 02/14/20 Sold $400,000 +3.9% $421 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $385,000 +24.2% $405 / Sq Ft
04/04/2016 04/04/16 Sold $310,000 -1.6% $326 / Sq Ft View Prior Sale
02/23/2016 02/23/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $315,000 +21.2% $331 / Sq Ft
07/28/2014 07/28/14 Sold $260,000 -1.9% $273 / Sq Ft View Prior Sale
05/22/2014 05/22/14 For Sale $265,000 -- $279 / 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 $5,564 $437,452 $301,953 $135,499
2024 $5,564 $428,876 $296,033 $132,843
2023 $5,470 $420,468 $290,229 $130,239
2022 $5,132 $412,225 $284,539 $127,686
2021 $5,030 $404,143 $278,960 $125,183
2020 $4,243 $335,551 $199,707 $135,844
2019 $4,193 $328,973 $195,792 $133,181
2018 $4,097 $322,523 $191,953 $130,570
2016 $3,156 $263,964 $145,688 $118,276
2015 $3,029 $260,000 $143,500 $116,500
2014 $2,440 $204,842 $89,080 $115,762
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB20004202

California Regional Multiple Listing Service (CRMLS)

APN: 7266-013-130