NOT LISTED FOR SALE

5500 Ackerfield Ave Unit 503 Long Beach, CA 90805

Paramount Neighborhood

Estimated Value: $382,000 - $390,930

2 Beds
2 Baths
938 Sq Ft
$220/mo HOA Fee

Last Sold April 27, 2016

Last sale price $215,000 $229 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,481/month

24 Days on Market

Highlights

  • Private Pool
  • Walk-In Closet
  • Zero Lot Line
  • All Bedrooms Downstairs
  • Living Room

About This Home

As of April 2016

Spacious and open floor plan condo. Laminate flooring in the living room, ceiling fan, plus crown molding. Granite counter top in the kitchen and dishwasher for convenience. Newly painted throughout and new carpet in the bedroom. Gated community with security gate, intercom, gated pool, community room and low HOA dues! Two carport parking with storage area. Close to freeways, schools, and shopping.

Last Agent to Sell the Property

Sokhom Yan

Appleby Real Estate Brokerage License #01734910 Listed on: 02/09/2016

Appleby Real Estate Brokerage

Last Buyer's Agent

Sokhom Yan

Appleby Real Estate Brokerage License #01734910 Listed on: 02/09/2016

Appleby Real Estate Brokerage

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1968

Lot Details

  • No Units Located Below
  • Two or More Common Walls
  • Zero Lot Line

HOA Fees

  • $220 Monthly HOA Fees

Interior Spaces

  • 938 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Additional Features

  • Private Pool
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 35130
  • Assessor Parcel Number 7157012121

Community Details

Overview

  • 30 Units

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1968

Lot Details

3.97 Acres

HOA Fees

$220 per month

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7157012121
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 938.00
  • Common Walls: 2+ Common Walls, No One Below
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 229.21
  • Room Type: All Bedrooms Down, Living Room, Walk-In Closet

Exterior Features

  • Pool Features: Association, Community
  • Pool Private: Yes

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

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: Suburban

Lot Info

  • Lot Features: Zero Lot Line

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 30
  • Number Of Units Total: 30

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 35130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2016
Closed on
Mar 25, 2016
Sold by
Kondamudi Ramakrishna
Bought by
Goosby Joshua Aaron
Seller's Agent
Sokhom Yan
Appleby Real Estate Brokerage
Buyer's Agent
Sokhom Yan
Appleby Real Estate Brokerage
List Price
$215,000
Sold Price
$215,000
Current Estimated Value
$385,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,233
Avg. Annual Appreciation
6.13%
Original Mortgage
$204,250
Outstanding Balance
$161,824
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$223,409

Purchase Details

Listed on
May 30, 2013
Closed on
Jul 16, 2013
Sold by
Urbano Felin Am
Bought by
Kondamudi Ramakrishna
Seller's Agent
Eleonor Villaver
Coldwell Banker Envision
Buyer's Agent
Eleonor Villaver
Coldwell Banker Envision
List Price
$160,000
Sold Price
$156,500
Premium/Discount to List
-$3,500
-2.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.58%
Original Mortgage
$117,375
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2009
Sold by
Aurora Loan Services Llc
Bought by
Sea Breeze Properties Llc

Purchase Details

Closed on
Aug 17, 2009
Sold by
Urbano Jesus M
Bought by
Urbano Felina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,152
Interest Rate
5.09%
Mortgage Type
FHA

Purchase Details

Closed on
May 22, 2009
Sold by
Wiechert William A
Bought by
Urbano Felina M
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
Goosby Joshua Aaron $215,000 Fatco
Kondamudi Ramakrishna $156,500 Nations Title Company Of Ca
Sea Breeze Properties Llc $80,000 Lsi Title Company Ca
Urbano Felina -- Ticor Title Company
Urbano Felina M $110,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goosby Joshua Aaron $204,250
Previous Owner Kondamudi Ramakrishna $117,375
Previous Owner Urbano Felina $100,152
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2016 04/27/16 Sold $215,000 0.0% $229 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $215,000 +37.4% $229 / Sq Ft
08/21/2013 08/21/13 Sold $156,500 -2.2% $167 / Sq Ft View Prior Sale
07/14/2013 07/14/13 Pending -- -- --
05/30/2013 05/30/13 For Sale $160,000 -- $171 / 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 $3,310 $254,509 $177,566 $76,943
2024 $3,310 $249,520 $174,085 $75,435
2023 $3,245 $244,628 $170,672 $73,956
2022 $3,152 $239,832 $167,326 $72,506
2021 $3,073 $235,131 $164,046 $71,085
2019 $3,153 $228,159 $159,181 $68,978
2018 $2,942 $223,686 $156,060 $67,626
2016 $2,035 $162,059 $103,553 $58,506
2015 $1,919 $159,626 $101,998 $57,628
2014 $1,970 $156,500 $100,000 $56,500
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16028195

California Regional Multiple Listing Service (CRMLS)

APN: 7157-012-121

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