NOT LISTED FOR SALE

5500 Ackerfield Ave Unit 107 Long Beach, CA 90805

Paramount Neighborhood

Estimated Value: $384,000 - $428,000

2 Beds
2 Baths
938 Sq Ft
$350/mo HOA Fee

Last Sold September 29, 2023

Last sale price $395,000 $421 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,888/month

27 Days on Market

Highlights

  • In Ground Spa
  • Open to Family Room
  • Double Pane Windows
  • 3.97 Acre Lot
  • Family Room Off Kitchen
  • Cooling Available

About This Home

As of September 2023

CLEAN, CLEAN, CLEAN. Recently remodeled and centrally located 2 Bed 2 Bath Condo located in Long Beach. Open Floor plan with spacious Living Room and Dining area. Kitchen cabinets recently painted and new dishwasher and sink installed. This condo features a master bedroom with master bathroom all with new vinyl flooring. Please note this is an upstairs unit. Location is ideal as it is near pool and laundry area. All windows recently upgraded in 2021 with warranty transferable to new buyer. You have to look at this before it is gone.

Last Agent to Sell the Property

Norma Esquivel

GOLDEN EAGLE PROPERTIES License #01733868 Listed on: 08/12/2023

Co-Listed By

Maria Ramos

GOLDEN EAGLE PROPERTIES License #01746547

Last Buyer's Agent

Lori Alvarez

REAL ESTATE RESOLVED License #01794115

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1968 | Remodeled

Lot Details

  • 3.97

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 938 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Family Room Off Kitchen
  • Laminate Flooring
  • Open to Family Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Open Parking Space
  • 2 Parking Spaces
  • 1 Carport Space
  • Parking Available
  • Assigned Parking

Utilities

  • Cooling Available
  • No Heating
  • Sewer Not Available

Additional Features

  • In Ground Spa
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 35130
  • Assessor Parcel Number 7157012183
  • $272 per year additional tax assessments

Community Details

Overview

  • 114 Units
  • True Comminity Association, Phone Number (310) 217-4104
  • Hampton Condominium Association

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1968 | Remodeled

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Stove, Dishwasher,Range, Refrigerator
  • Property Attached: Yes
  • View: No
  • Zoning: LBR4R
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7157012183
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 938.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 421.11
  • Spa Features: In Ground
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: None
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 350.00
  • Association Fee Frequency: Monthly
  • Association Name: True Comminity Association
  • Phone: 310-217-4104
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks
  • Association Management: Hampton Condominium Association

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • 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: 114
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5706.03
  • Tax Lot: 1
  • Tax Tract Number: 35130
  • TaxOtherAnnualAssessmentAmount: 272.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2023
Closed on
Aug 24, 2023
Sold by
Farias Daniel and Farias Brenda
Bought by
Moorhouse Christopher Liam
Seller's Agent
Norma Esquivel
GOLDEN EAGLE PROPERTIES
Buyer's Agent
Lori Alvarez
REAL ESTATE RESOLVED
List Price
$397,000
Sold Price
$395,000
Premium/Discount to List
-$2,000
-0.5%
Views
288
Current Estimated Value
$403,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,660
Avg. Annual Appreciation
0.97%
Original Mortgage
$296,250
Outstanding Balance
$289,567
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$114,093

Purchase Details

Closed on
Sep 4, 2018
Sold by
Farias Daniel
Bought by
Farias Daniel and Farias Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2015
Closed on
May 20, 2015
Sold by
Defarias Bertha Alicia
Bought by
Farias Ramon M
Seller's Agent
Gina Barnett
Keller Williams Los Angeles
Buyer's Agent
Claudia Sanchez
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%
Original Mortgage
$175,750
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2015
Closed on
May 6, 2015
Sold by
Robertson Gregory
Bought by
Farias Daniel and Farias Ramon M
Seller's Agent
Gina Barnett
Keller Williams Los Angeles
Buyer's Agent
Claudia Sanchez
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2003
Sold by
Ross Beverly and Patterson Beverly Ann
Bought by
Robertson Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
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
Moorhouse Christopher Liam $395,000 First American Title
Farias Daniel -- First American Title Company
Farias Ramon M -- Lawyers Title
Farias Daniel $185,000 Lawyers Title
Robertson Gregory $125,000 First American Title Co
Ross Beverly -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moorhouse Christopher Liam $296,250
Previous Owner Farias Daniel $192,750
Previous Owner Farias Daniel $175,750
Previous Owner Robertson Gregory $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2023 09/29/23 Sold $395,000 -0.5% $421 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $397,000 0.0% $423 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
08/12/2023 08/12/23 For Sale $397,000 +114.6% $423 / Sq Ft
05/29/2015 05/29/15 Sold $185,000 0.0% $197 / Sq Ft View Prior Sale
04/25/2015 04/25/15 Pending -- -- --
04/19/2015 04/19/15 For Sale $185,000 -- $197 / 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 $5,071 $402,900 $247,248 $155,652
2024 $5,071 $395,000 $242,400 $152,600
2023 $2,871 $213,700 $86,749 $126,951
2022 $2,788 $209,511 $85,049 $124,462
2021 $2,717 $205,404 $83,382 $122,022
2019 $2,787 $199,313 $80,910 $118,403
2018 $2,599 $195,406 $79,324 $116,082
2016 $2,326 $187,820 $76,245 $111,575
2015 $1,792 $147,863 $74,878 $72,985
2014 -- $144,968 $73,412 $71,556
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV23150557

California Regional Multiple Listing Service (CRMLS)

APN: 7157-012-183