NOT LISTED FOR SALE

5500 Ackerfield Ave Unit 502 Long Beach, CA 90805

Paramount Neighborhood

Estimated Value: $405,000 - $455,191

3 Beds
2 Baths
1,066 Sq Ft
$404/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $325,000 $305 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,661/month

Highlights

  • City Lights View
  • Community Pool
  • Detached Carport Space
  • 3.97 Acre Lot
  • Laundry Room
  • Radiant Heating System

About This Home

As of February 2024

Welcome to this beautiful 3 bed and 2 bath apartment nestled in the heart of the vibrant Long Beach neighborhood. Situated on a quiet tree-lined street, this apartment is just minutes away from shops, schools and transportation. Master bedroom with lots of closet space and attached bathroom. Fresh paint and brand new laminated floorings , remodeled bathroom and lots of closet space and storage. Assigned 2 parking spaces and plenty of street parking.
The building offers swimming pool and Laundry for residents' convenience and enjoyment.

Last Agent to Rent the Property

Thirupathi Nomula

NTR Realty License #02019221 Listed on: 12/14/2023

Last Renter's Agent

NoEmail NoEmail

None MRML License #N/A

None MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,516

Year Built

  • Built in 1968

Lot Details

  • 3.97 Acre Lot
  • Two or More Common Walls
  • Density is 21-25 Units/Acre

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Parking Available
  • Assigned Parking

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 1,066 Sq Ft Home
  • 1-Story Property
  • City Lights Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Radiant Heating System

Listing and Financial Details

  • Security Deposit $5,000
  • Rent includes association dues, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 10/13/23
  • Tax Lot 1
  • Tax Tract Number 35130
  • Assessor Parcel Number 7157012122

Community Details

Overview

  • Property has a Home Owners Association
  • 144 Units
  • Ackerfield Condos Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,516

Year Built

Built in 1968

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-10-13
  • Credit Check Paid By: Tenant
  • Deposit Other: 75
  • Deposit Security: 5000
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Subdivision Name Other: Ackerfield Condos (AC)
  • View: Yes
  • Zoning: LBR4R
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 7157012122
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1066.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2.51
  • Room Type: All Bedrooms Down

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Detached Carport
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Paramount Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 21-25 Units/Acre
  • Lot Size Sq Ft: 172770.00
  • Lot Size Acres: 3.9663
  • Latitude Manual: 33.85766700

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 172770.0000 Square Feet
  • Number Of Units In Community: 144
  • Number Of Units Total: 144
  • Rent Includes: Association Dues, Trash Collection, Water

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2019
Closed on
Dec 20, 2019
Sold by
Perulero Carlos
Bought by
Surapaneni Kiran Kumar and Boyapati Naga Kokila
Seller's Agent
Edgar Rodriguez
First American Team Realty Inc
Buyer's Agent
Sujatha Bellamkonda
Sujatha Bellamkonda, Broker
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$430,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,548
Avg. Annual Appreciation
4.97%
Original Mortgage
$227,500
Outstanding Balance
$200,966
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$229,582

Purchase Details

Listed on
Nov 13, 2018
Closed on
Jan 2, 2019
Sold by
Trtd Llc
Bought by
Perulero Carlos
Seller's Agent
Jeanne Hai
RE/MAX PREMIER/SANMARINO
Buyer's Agent
Edgar Rodriguez
First American Team Realty Inc
List Price
$309,500
Sold Price
$309,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%
Original Mortgage
$217,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2018
Sold by
Harris Angela Renay
Bought by
Trtd Llc

Purchase Details

Closed on
Jan 12, 2016
Sold by
Harris Angela Renay
Bought by
Hampton Condominium Owners Association

Purchase Details

Closed on
Jun 13, 2003
Sold by
Cor Dova Helen Louise
Bought by
Cor Dova Sebastain A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,800
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2003
Sold by
Cor Dova Sebastain A
Bought by
Harris Angela Renay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,800
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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
Surapaneni Kiran Kumar $325,000 Chicago Title
Perulero Carlos $305,000 Old Republic Title Company
Trtd Llc $247,500 Trans County Title
Hampton Condominium Owners Association $24,383 None Available
Cor Dova Sebastain A -- --
Harris Angela Renay $143,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Surapaneni Kiran Kumar $227,500
Previous Owner Perulero Carlos $217,000
Previous Owner Harris Angela Renay $114,800
Closed Harris Angela Renay $28,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/02/2024 02/02/24 Rented $2,680 -0.7% --
12/14/2023 12/14/23 For Rent $2,700 0.0% --
12/30/2019 12/30/19 Sold $325,000 0.0% $305 / Sq Ft View Prior Sale
11/28/2019 11/28/19 Pending -- -- --
11/16/2019 11/16/19 For Sale $325,000 +5.0% $305 / Sq Ft
01/17/2019 01/17/19 Sold $309,500 0.0% $290 / Sq Ft View Prior Sale
11/13/2018 11/13/18 For Sale $309,500 -- $290 / 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 $4,516 $355,429 $223,210 $132,219
2024 $4,516 $348,461 $218,834 $129,627
2023 $4,428 $341,630 $214,544 $127,086
2022 $4,302 $334,933 $210,338 $124,595
2021 $4,198 $328,366 $206,214 $122,152
2019 $3,883 $285,000 $200,000 $85,000
2018 $3,064 $233,049 $156,060 $76,989
2017 $2,966 $228,480 $153,000 $75,480
2016 $2,077 $172,338 $95,598 $76,740
2015 $1,958 $169,751 $94,163 $75,588
2014 $2,008 $166,427 $92,319 $74,108
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS23226010

California Regional Multiple Listing Service (CRMLS)

APN: 7157-012-122