NOT LISTED FOR SALE

5500 Ackerfield Ave Unit 201 Long Beach, CA 90805

Paramount Neighborhood

Estimated Value: $361,213 - $438,000

2 Beds
1 Bath
873 Sq Ft
3.97 Acres

Last Sold March 29, 2012

Last sale price $75,000 $86 Per Sq Ft

Est. 417% increase in value since last sale

Current estimated payment $2,225/month

69 Days on Market

Highlights

  • In Ground Pool
  • Living Room
  • Laundry Facilities
  • Traditional Architecture
  • Central Heating and Cooling System
  • Gated Home

About This Home

As of March 2012

This property is eligible under the Freddie Mac First Look Initiative through 12/24/2011. Days 1-15 offers only from NSP buyers, nonprofit organizations and Owner occupied offers will be reviewed. Purchaser does not need to be a first time buyer to be eligible but must be buying the home as their primary residence

Last Agent to Sell the Property

Ivery Summers

The Collective Realty License #01201338 Listed on: 12/09/2011

Last Buyer's Agent

Non Non Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,404

Year Built

  • Built in 1968

Lot Details

  • 3.97

Parking

  • Parking Garage Space

Home Design

  • Traditional Architecture

Interior Spaces

  • 873 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • In Ground Pool
  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 7157-012-147

Community Details

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • 114 Units
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,404

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Traditional
  • Street Number Display: Yes
  • Complex Name: Hamptons Home Owners
  • Entry Floor: 1
  • Living Area: 873
  • Planned Urban Dev: 0
  • Stories: 1
  • Unit Floor In Building: 1
  • Year Built: 1968
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: RealEstateOwned

Interior Features

  • Flooring: Mixed
  • Bedrooms: 2
  • Fireplaces: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Fireplace: No
  • Price Per S Q F T: 85.91

Exterior Features

  • Pool Description: Community
  • Pool: Yes
  • View: No

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 220.00

Lot Info

  • Assessor Parcel Number: 7157-012-147

Multi Family

  • Number Of Units: 114

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2011
Closed on
Mar 15, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Assareh Kamran
Seller's Agent
Ivery Summers
The Collective Realty
Buyer's Agent
Non Non Member
List Price
$82,000
Sold Price
$75,000
Premium/Discount to List
-$7,000
-8.54%
Current Estimated Value
$387,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,553
Avg. Annual Appreciation
12.70%

Purchase Details

Closed on
Aug 1, 2011
Sold by
Duran Saturnino J
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 14, 2005
Sold by
Herrera Julio Ramos
Bought by
Duran Saturnino J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
5.65%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 1, 2004
Sold by
Duran Julio C
Bought by
Duran Saturnino J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,740
Interest Rate
5.56%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 12, 2003
Sold by
Duran Julio C and Alvarez Maria A
Bought by
Duran Julio C

Purchase Details

Closed on
Mar 15, 1995
Sold by
Va
Bought by
Duran Julio C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,500
Interest Rate
8.77%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 10, 1993
Sold by
Specialized Inc
Bought by
Resolution Trust Corp and Standard Fed Svgs Assn

Purchase Details

Closed on
Nov 17, 1993
Sold by
Resolution Trust Corp
Bought by
Va

Purchase Details

Closed on
Nov 5, 1993
Sold by
Specialized Inc
Bought by
Resolution Trust Corp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Assareh Kamran $75,000 Lsi Title Company
Federal Home Loan Mortgage Corporation $62,317 Servicelink
Duran Saturnino J -- --
Duran Saturnino J $142,000 Security Union Title
Duran Saturnino J -- Security Union Title
Duran Julio C -- --
Duran Julio C $53,500 Gateway Title
Resolution Trust Corp $55,766 World Title Company
Va -- World Title Company
Resolution Trust Corp $55,766 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duran Saturnino J $208,000
Previous Owner Duran Saturnino J $50,000
Previous Owner Duran Saturnino J $146,250
Previous Owner Duran Saturnino J $137,740
Previous Owner Duran Julio C $53,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2012 03/29/12 Sold $75,000 0.0% $86 / Sq Ft
02/16/2012 02/16/12 Pending -- -- --
02/08/2012 02/08/12 Price Changed $75,000 -8.5% $86 / Sq Ft
01/23/2012 01/23/12 For Sale $82,000 0.0% $94 / Sq Ft
01/10/2012 01/10/12 Pending -- -- --
12/09/2011 12/09/11 For Sale $82,000 -- $94 / Sq Ft
Source: The MLS

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 $1,404 $94,194 $18,837 $75,357
2024 $1,404 $92,348 $18,468 $73,880
2023 $1,375 $90,538 $18,106 $72,432
2022 $1,333 $88,763 $17,751 $71,012
2021 $1,296 $87,023 $17,403 $69,620
2020 $1,268 $86,132 $17,225 $68,907
2019 $1,322 $84,444 $16,888 $67,556
2018 $1,225 $82,789 $16,557 $66,232
2016 $1,098 $79,576 $15,915 $63,661
2015 $1,040 $78,381 $15,676 $62,705
2014 $1,068 $76,846 $15,369 $61,477
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 11-570231

The MLS

APN: 7157-012-147