NOT LISTED FOR SALE

5500 Ackerfield Ave Unit 102 Long Beach, CA 90805

Paramount Neighborhood

Estimated Value: $409,000 - $434,818

3 Beds
2 Baths
1,066 Sq Ft
$220/mo HOA Fee

Last Sold January 18, 2019

Last sale price $300,000 $281 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,810/month

26 Days on Market

Highlights

  • 3.97 Acre Lot
  • Pool View
  • Laundry Room
  • Property is near park
  • Community Pool
  • Central Heating

About This Home

As of January 2019

One of the lowest priced 3 bedroom units in Long Beach. Welcome to this cozy ground floor 3 bedroom 2 bath unit located on a Private pocket in North Long Beach. The kitchen has plenty of space to offer along with lots of cabinet storage. The kitchen adjoins to the dining area. Recently renovated, freshly painted, new laminate wood flooring. Huge master bedroom with its on private bath and lots of closet space. The other bedrooms are very roomy and offer plenty of closet space as well. This unit comes with 2 parking spaces. The complex is pet-friendly in a gated community with security gate, onsite laundry, intercom, gated swimming pool and low HOA dues. Conveniently located close to freeways, schools, and shopping – minutes to Lakewood Center Mall.

Last Agent to Sell the Property

Salim Patel

The Realestate Group License #01241927 Listed on: 11/17/2018

The Realestate Group

Last Buyer's Agent

Laura Kay

Compass License #02014885

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1968

Lot Details

  • 3.97

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,066 Sq Ft Home
  • Pool Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Two or More Common Walls
  • Property is near park
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7211
  • Assessor Parcel Number 7157012125

Community Details

Overview

  • 58 Units
  • Hampton Condominium Owners Association, Phone Number (310) 217-4104

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1968

Lot Details

3.97 Acres

HOA Fees

$220 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Ackerfield Condos (AC)
  • View: Yes
  • Zoning: LBR4R
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7157012125
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1066.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 281.43
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Pool
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 220.00
  • Association Fee Frequency: Monthly
  • Association Name: Hampton Condominium Owners Association
  • Phone: 310-217-4104
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 172770.00
  • Lot Size Acres: 3.9663

Multi Family

  • Lease Considered: No
  • Lot Size Area: 172770.0000 Square Feet
  • Number Of Units In Community: 58
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5706.03
  • Tax Lot: 1
  • Tax Tract Number: 7211

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2018
Closed on
Jan 10, 2019
Sold by
Garyali Ajay and Garyali Shivani
Bought by
Williams Frances and Williams Desmond
Seller's Agent
Salim Patel
The Realestate Group
Buyer's Agent
Laura Kay
Compass
List Price
$349,000
Sold Price
$300,000
Premium/Discount to List
-$49,000
-14.04%
Current Estimated Value
$420,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,955
Avg. Annual Appreciation
4.90%
Original Mortgage
$285,000
Outstanding Balance
$251,079
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$169,876

Purchase Details

Listed on
Jan 27, 2017
Closed on
Feb 23, 2017
Sold by
Gross Davis Patrice
Bought by
Davis Frederick D
Seller's Agent
Ray Miramontes
Circle Real Estate
Buyer's Agent
Salim Patel
The Realestate Group
List Price
$259,900
Sold Price
$247,000
Premium/Discount to List
-$12,900
-4.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.21%
Original Mortgage
$185,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 27, 2017
Closed on
Feb 20, 2017
Sold by
Davis Frederick D
Bought by
Garyali Ajay and Garyali Shivani
Seller's Agent
Ray Miramontes
Circle Real Estate
Buyer's Agent
Salim Patel
The Realestate Group
List Price
$259,900
Sold Price
$247,000
Premium/Discount to List
-$12,900
-4.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 1994
Sold by
Esse Mary F and Lewis Anna Marie
Bought by
Davis Frederick D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,750
Interest Rate
8.78%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 12, 1993
Sold by
Esse Mary F
Bought by
Esse Mary F and Lewis Anna Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
6.95%

Purchase Details

Closed on
Sep 24, 1993
Sold by
Lewis Anna Marie
Bought by
Esse Mary F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
6.95%
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
Williams Frances $300,000 Ticor Title Company Of Calif
Davis Frederick D -- Fidelity National Title Co
Garyali Ajay $247,000 Fidelity National Title Co
Davis Frederick D $89,000 Guardian Title Company
Esse Mary F -- --
Esse Mary F -- Western Cities Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Frances $285,000
Previous Owner Garyali Ajay $185,000
Previous Owner Davis Frederick D $86,750
Previous Owner Esse Mary F $43,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/18/2019 01/18/19 Sold $300,000 -8.8% $281 / Sq Ft
12/05/2018 12/05/18 Price Changed $329,000 -5.7% $309 / Sq Ft
11/17/2018 11/17/18 For Sale $349,000 +41.3% $327 / Sq Ft
03/21/2017 03/21/17 Sold $247,000 -5.0% $232 / Sq Ft View Prior Sale
02/16/2017 02/16/17 Pending -- -- --
01/27/2017 01/27/17 For Sale $259,900 -- $244 / 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 $4,270 $334,651 $223,101 $111,550
2024 $4,270 $328,090 $218,727 $109,363
2023 $4,186 $321,658 $214,439 $107,219
2022 $4,067 $315,352 $210,235 $105,117
2021 $3,968 $309,169 $206,113 $103,056
2019 $3,527 $256,977 $137,540 $119,437
2018 $3,293 $251,940 $134,844 $117,096
2016 $1,555 $126,257 $41,845 $84,412
2015 $1,468 $124,362 $41,217 $83,145
2014 $1,506 $121,927 $40,410 $81,517
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18275957

California Regional Multiple Listing Service (CRMLS)

APN: 7157-012-125

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