NOT LISTED FOR SALE

5500 Ackerfield Ave Unit 203 Long Beach, CA 90805

Paramount Neighborhood

Estimated Value: $369,000 - $377,000

2 Beds
1 Bath
873 Sq Ft
$220/mo HOA Fee

Last Sold November 17, 2014

Last sale price $180,000 $206 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,430/month

18 Days on Market

Highlights

  • Private Pool
  • 3.97 Acre Lot
  • Front Yard
  • All Bedrooms Downstairs

About This Home

As of November 2014

Very nice and spacious 2 bedrooms/1 bath condo in a quiet gated complex with short drive to Lakewood Center Mall. The property has major remodel with laminated wood floors throughout and tile in kitchen and bathroom. Freshly painted. Gorgeous kitchen comes with brand new cabinets, granite countertops, glasses and travertine random strips mosaic tile backsplash and stainless steel appliances. Recessed lighting in kitchen and bathroom. Crown molding throughout. Standard Sale. Car port number is 262. Also, inside the car port, there is a storage room to use. Also, there is a laundry room and recreation room located right in front of the swimming pool.

Last Agent to Sell the Property

Eric Tran

Greenfield Realty License #01214955 Listed on: 10/02/2014

Last Buyer's Agent

Phoebe Choong

CMF Real Estate Capital Group License #01324487

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,853

Year Built

  • Built in 1968

Lot Details

  • Two or More Common Walls
  • Front Yard

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 873 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Full Bathroom

Outdoor Features

  • Private Pool
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 35130
  • Assessor Parcel Number 7157012145

Community Details

Overview

  • 54 Units

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,853

Year Built

Built in 1968

Lot Details

0

HOA Fees

$220 per month

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Ackerfield Condos (AC)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7157012145
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 873.00
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: Two
  • Price Per Square Foot: 206.19
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Features: Community
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 220.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 172788.00
  • Lot Size Acres: 3.9670

Multi Family

  • Lease Considered: No
  • Lot Size Area: 172788.0000 Square Feet
  • Number Of Units In Community: 54
  • Number Of Units Total: 54

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 35130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2014
Closed on
Oct 21, 2014
Sold by
Cheng Justin
Bought by
Hassan Mohammad Karmul and Hassan Sultana
Seller's Agent
Eric Tran
Greenfield Realty
Buyer's Agent
Phoebe Choong
CMF Real Estate Capital Group
List Price
$189,999
Sold Price
$180,000
Premium/Discount to List
-$9,999
-5.26%
Current Estimated Value
$373,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,005
Avg. Annual Appreciation
6.89%
Original Mortgage
$171,000
Outstanding Balance
$130,222
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$242,783

Purchase Details

Listed on
Apr 4, 2014
Closed on
May 29, 2014
Sold by
Cheng Lida Duong
Bought by
Cheng Justin
Seller's Agent
Rhonda Willis
Amberwood Real Estate
Buyer's Agent
Rhonda Willis
Amberwood Real Estate
List Price
$115,000
Sold Price
$135,000
Premium/Discount to List
$20,000
17.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
89.51%

Purchase Details

Listed on
Apr 4, 2014
Closed on
Apr 15, 2014
Sold by
Wade Sandrea
Bought by
Cheng Justin
Seller's Agent
Rhonda Willis
Amberwood Real Estate
Buyer's Agent
Rhonda Willis
Amberwood Real Estate
List Price
$115,000
Sold Price
$135,000
Premium/Discount to List
$20,000
17.39%

Purchase Details

Closed on
Oct 21, 2004
Sold by
Wade Sandrea
Bought by
Wade Sandrea

Purchase Details

Closed on
Jun 20, 2003
Sold by
Wade Napolean
Bought by
Wade Sandrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2003
Sold by
Hossain Mokarram
Bought by
Wade Sandrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2001
Sold by
Khanam Wasima
Bought by
Hossain Mokarram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.26%

Purchase Details

Closed on
Dec 22, 1999
Sold by
Hud
Bought by
Hossain Mokarram and Khanam Wasima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,634
Interest Rate
7.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 1999
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Feb 26, 1999
Sold by
Magana Samuel T
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Jan 10, 1995
Sold by
Carder James
Bought by
Magana Samuel T and Magana Guadalupe S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,750
Interest Rate
9.21%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Hassan Mohammad Karmul $180,000 First American Title Company
Cheng Justin -- Fatco
Cheng Justin $135,000 Fatco
Wade Sandrea -- Alliance Title Company
Wade Sandrea -- North American Title Co
Wade Sandrea $125,000 North American Title Co
Hossain Mokarram -- Lawyers Title Company
Hossain Mokarram $52,500 United Title
Hud -- Fidelity National Title Ins
Norwest Mtg Inc $76,448 Fidelity National Title Ins
Magana Samuel T $72,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hassan Mohammad Karmul $171,000
Previous Owner Wade Sandrea $100,000
Previous Owner Hossain Mokarram $55,000
Previous Owner Hossain Mokarram $50,634
Previous Owner Magana Samuel T $69,750
Closed Wade Sandrea $12,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2014 11/17/14 Sold $180,000 -5.3% $206 / Sq Ft
10/20/2014 10/20/14 Pending -- -- --
10/02/2014 10/02/14 For Sale $189,999 +40.7% $218 / Sq Ft
06/06/2014 06/06/14 Sold $135,000 +17.4% $155 / Sq Ft View Prior Sale
04/06/2014 04/06/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $115,000 -- $132 / 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 $2,853 $216,323 $101,191 $115,132
2024 $2,853 $212,082 $99,207 $112,875
2023 $2,796 $207,924 $97,262 $110,662
2022 $2,715 $203,848 $95,355 $108,493
2021 $2,647 $199,852 $93,486 $106,366
2019 $2,714 $193,926 $90,714 $103,212
2018 $2,531 $190,125 $88,936 $101,189
2016 $2,266 $182,744 $85,484 $97,260
2015 $2,135 $180,000 $84,200 $95,800
2014 $1,837 $144,971 $78,285 $66,686
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14211961

California Regional Multiple Listing Service (CRMLS)

APN: 7157-012-145