NOT LISTED FOR SALE

5530 Ackerfield Ave Unit 311 Long Beach, CA 90805

Paramount Neighborhood

Estimated Value: $285,000 - $320,000

1 Bed
1 Bath
641 Sq Ft
$350/mo HOA Fee

Last Sold September 27, 2024

Last sale price $305,000 $476 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,113/month

25 Days on Market

Highlights

  • 3.97 Acre Lot
  • Lawn
  • Community Pool
  • Main Floor Primary Bedroom
  • Courtyard Views
  • Living Room

About This Home

As of September 2024

This is a 1-bedroom, 1-bath condo with plenty of potential located moments from nearby Davenport Park and just over a mile from Lakewood Mall and close to the newly built Long Beach Exchange shopping center. This gated community offers a convenient laundry room with plenty of washers and dryers, as well as a community pool, and this unit offers one assigned parking space at space 156. Conveniently located near shopping, the 91 and 710 freeways. **SELLER IS SELLING MULTIPLE UNITS IN THE COMMUNITY -- GREAT OPPORTUNITY FOR INVESTORS.

Last Agent to Sell the Property

Claire Kirksey

Compass Brokerage Phone: 714-717-9715 License #02176974 Listed on: 04/11/2024

Compass

Last Buyer's Agent

Sylvia Bravo

HomeSmart, Evergreen Realty License #01256483

HomeSmart, Evergreen Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

Lot Details

  • Two or More Common Walls
  • Lawn

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 641 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Courtyard Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Fence Around Pool
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 35130
  • Assessor Parcel Number 7157012109
  • $263 per year additional tax assessments

Community Details

Overview

  • 226 Units
  • True Community Association, Phone Number (310) 217-4104

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

3.97 Acres

HOA Fees

$350 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LBR4R
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7157012109
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 641.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 475.82
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bedroom

Exterior Features

  • View: Courtyard
  • Pool Features: Community, Fenced
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 350.00
  • Association Fee Frequency: Monthly
  • Association Name: True Community
  • Phone: 3102174104
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: True Community

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Level
  • Lot Size Sq Ft: 172811.00
  • Lot Size Acres: 3.9672

Multi Family

  • Lease Considered: No
  • Lot Size Area: 172811.0000 Square Feet
  • Number Of Units In Community: 226
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5706.03
  • Tax Lot: 1
  • Tax Tract Number: 35130
  • TaxOtherAnnualAssessmentAmount: 263.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2024
Sold by
Lunagaria Ravji and Lunagaria Bharati
Bought by
Elamparo Jose Carlo Joven
Current Estimated Value
$308,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,250
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 21, 2012
Closed on
Sep 21, 2012
Sold by
Thomas & Brown Investments Llc
Bought by
Lunagaria Ravji and Lunagaria Bharati
Seller's Agent
Monica Beeks
Patricia Moore, Broker
Buyer's Agent
Vinod Dudheker
Enstone Investments Inc
List Price
$82,500
Sold Price
$84,000
Premium/Discount to List
$1,500
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.25%

Purchase Details

Closed on
Jul 3, 2012
Sold by
Thomas Barry G
Bought by
Thomas & Brown Investments Llc and Dlf Holdings Inc

Purchase Details

Closed on
Feb 3, 2010
Sold by
Williams Shawnette
Bought by
Deutsche Bank National Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2009
Sold by
Claxton Sheryl and 5530 Ackerfiled Ave #311 Trust
Bought by
Thomas Barry G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2009
Sold by
Williams Shawnette
Bought by
Claxton Sheryl and 5530 Ackerfield Ave #311 Trust

Purchase Details

Closed on
Dec 9, 2005
Sold by
Sanders Michael and Sanders Linda
Bought by
Williams Shawnette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 23, 2004
Sold by
Sanders Michael
Bought by
Sanders Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,493
Interest Rate
7.34%
Mortgage Type
New Conventional
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
Elamparo Jose Carlo Joven $305,000 First American Title Company
Lunagaria Ravji $84,000 Lawyers Title
Thomas & Brown Investments Llc -- None Available
Deutsche Bank National Trust Company $55,000 None Available
Thomas Barry G $859,000 Lawyers Title
Claxton Sheryl -- None Available
Williams Shawnette $150,000 Gateway Title Company
Sanders Michael -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elamparo Jose Carlo Joven $259,250
Previous Owner Thomas Barry G $37,500
Previous Owner Williams Shawnette $120,000
Previous Owner Sanders Michael $88,493
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2024 09/27/24 Sold $305,000 -1.6% $476 / Sq Ft
04/11/2024 04/11/24 Price Changed $310,000 0.0% $484 / Sq Ft
04/11/2024 04/11/24 For Sale $310,000 +269.0% $484 / Sq Ft
10/18/2012 10/18/12 Sold $84,000 +1.8% $131 / Sq Ft View Prior Sale
09/18/2012 09/18/12 Pending -- -- --
08/21/2012 08/21/12 For Sale $82,500 -- $129 / 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 $1,497 $305,000 $186,600 $118,400
2024 $1,497 $101,399 $21,724 $79,675
2023 $1,467 $99,412 $21,299 $78,113
2022 $1,422 $97,464 $20,882 $76,582
2021 $1,384 $95,554 $20,473 $75,081
2019 $1,414 $92,722 $19,867 $72,855
2018 $1,311 $90,905 $19,478 $71,427
2016 $1,176 $87,377 $18,723 $68,654
2015 $1,113 $86,065 $18,442 $67,623
2014 $1,144 $84,380 $18,081 $66,299
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24071336

California Regional Multiple Listing Service (CRMLS)

APN: 7157-012-109

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