NOT LISTED FOR SALE

5500 Ackerfield Ave Unit 508 Long Beach, CA 90805

Paramount Neighborhood

Estimated Value: $376,000 - $396,000

2 Beds
2 Baths
943 Sq Ft
$300/mo HOA Fee

Last Sold January 11, 2024

Last sale price $367,000 $389 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,561/month

97 Days on Market

Highlights

  • No Units Above
  • Community Pool
  • Walk-In Closet
  • 3.97 Acre Lot
  • Eat-In Kitchen
  • Bathtub with Shower

About This Home

As of January 2024

~WOW~WOW~WOW~ Subject to cancelation of current deal. This is your opportunity to OWN a 2 bedroom, 2 bathroom in the beautiful city of Long Beach at a very affordable price!! Bigger unit than most, and a second bathroom! I also just noticed that there is a very similar 2 bedroom, 2 bathroom unit in this complex that is now in escrow, and was listed for 397k! No neighbors above you on this one, so you won't be bothered by noise from upstairs! Good sized dining area, living room, and 2 bedrooms - both with 2 closets! One of the closets in the master bedroom is a walk-in. The vanity area in the primary bathroom is nice and big! There are showers in both bathrooms, so no more fighting over who gets to shower in what order! Plentiful storage outside the bedrooms as well, and the complex looks nice and green, and has a nice blue pool for you to enjoy. Less than 1 mile (walking distance!) from Davenport Park, and close to shopping, dining, the gym, grocery stores & more. Convenient freeway access to the 710 and 91, and close to major retailers like Costco. This is a great price point - especially for the square footage, bed & bath count. Don't miss out on this great chance to OWN and make it your own. Hurry before it's gone!

Last Agent to Sell the Property

Vance Nordine

Nordine Realty, Inc License #00786474 Listed on: 07/06/2023

Co-Listed By

Vance Nordine

Nordine Realty, Inc License #01962661

Last Buyer's Agent

Jarrod Lujan

C-21 Astro License #01403081

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,659

Year Built

  • Built in 1968

Lot Details

  • No Units Above
  • End Unit
  • 1 Common Wall

HOA Fees

  • $300 Monthly HOA Fees

Interior Spaces

  • 943 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Location

  • Urban Location

Utilities

  • Radiant Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 35130
  • Assessor Parcel Number 7157012177
  • $272 per year additional tax assessments

Community Details

Overview

  • 75 Units
  • Hampton Condominiums Association, Phone Number (310) 217-4104
  • True Community Association Management Inc HOA
  • Maintained Community

Recreation

  • Community Pool

Additional Features

  • Laundry Facilities
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,659

Year Built

Built in 1968

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: LBR4R
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7157012177
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 943.00 Square Feet
  • Stories: 1
  • Entry Location: 2
  • Common Walls: 1 Common Wall, End Unit, No One Above
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 389.18
  • Room Type: Primary Bathroom, Primary Bedroom, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Walk-In Shower
  • Room Kitchen Features: Tile Counters

Exterior Features

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

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater
  • Heating Type: Radiant
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Maintenance Grounds, Trash, Controlled Access
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Association Name: Hampton Condominiums
  • Phone: 310-217-4104
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Urban
  • Association Management: True Community Association Management Inc

Schools

  • School District: Paramount Unified

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: 75
  • 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

Closed on
Nov 9, 2023
Sold by
Mary M L Li Family Trust and Li Mary M
Bought by
Uddin Syed Wasim and Wasim Lyvia
Current Estimated Value
$389,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,650
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2017
Sold by
Li Mary M L
Bought by
Li Mary M L and Mary M L Li Family Trust

Purchase Details

Closed on
Feb 10, 2011
Sold by
Sd Seaport Lp
Bought by
Li Mary M

Purchase Details

Closed on
Nov 6, 2009
Sold by
Goens John A
Bought by
Sd Seaport Lp

Purchase Details

Closed on
Apr 12, 2001
Sold by
Robbins Harry
Bought by
Goens John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.14%
Mortgage Type
VA

Purchase Details

Closed on
Dec 9, 1993
Sold by
Robbins Susan and Robbins Harry
Bought by
Robbins Harry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,500
Interest Rate
7.2%
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
Uddin Syed Wasim $367,000 Fidelity National Title
Li Mary M L -- None Available
Li Mary M $90,000 Chicago Title Company
Sd Seaport Lp $60,210 Chicago Title Company
Goens John A $85,000 Gateway Title Company
Robbins Harry -- United Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uddin Syed Wasim $15,690
Previous Owner Uddin Syed Wasim $348,650
Previous Owner Goens John A $15,847
Previous Owner Goens John A $216,000
Previous Owner Goens John A $168,000
Previous Owner Goens John A $15,722
Previous Owner Goens John A $124,500
Previous Owner Goens John A $12,070
Previous Owner Goens John A $6,370
Previous Owner Goens John A $85,000
Previous Owner Robbins Harry $41,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2024 01/11/24 Sold $367,000 -5.9% $389 / Sq Ft
12/05/2023 12/05/23 Price Changed $390,000 0.0% $414 / Sq Ft
12/05/2023 12/05/23 For Sale $390,000 +5.4% $414 / Sq Ft
10/11/2023 10/11/23 Pending -- -- --
10/06/2023 10/06/23 Pending -- -- --
09/15/2023 09/15/23 Price Changed $370,000 -5.1% $392 / Sq Ft
09/01/2023 09/01/23 For Sale $390,000 0.0% $414 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $390,000 -- $414 / 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 $1,659 $374,340 $235,314 $139,026
2024 $1,659 $113,034 $22,604 $90,430
2023 $1,626 $110,818 $22,161 $88,657
2022 $1,577 $108,646 $21,727 $86,919
2021 $1,534 $106,516 $21,301 $85,215
2019 $1,567 $103,359 $20,670 $82,689
2018 $1,455 $101,333 $20,265 $81,068
2016 $1,303 $97,400 $19,479 $77,921
2015 $1,232 $95,938 $19,187 $76,751
2014 $1,266 $94,060 $18,812 $75,248
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23119190

California Regional Multiple Listing Service (CRMLS)

APN: 7157-012-177