$370,000
SOLD NOV 16, 2024

5530 Ackerfield Ave Unit 402 Long Beach, CA 90805

Paramount Neighborhood
2 Beds
1 Bath
873 Sq Ft
$350/mo HOA Fee

Recently Sold

$424 Per Sq Ft

5% Below List Price

35 Days on Market

Highlights

  • 3.97 Acre Lot
  • Courtyard Views
  • Laundry Room
  • Main Floor Bedroom
  • Community Pool
  • Central Heating

About This Home

As of November 2024

This is a 2-bedroom, 1-bath condo that has been recently renovated with new countertops in the kitchen, bathroom, and fresh paint! This unit is completely move-in ready and also a great investor opportunity. 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 136. Conveniently located near shopping, the 91 and 710 freeways. **SELLER IS SELLING MULTIPLE UNITS IN THE COMMUNITY -- GREAT OPPORTUNITY FOR INVESTORS. CONTACT AGENT FOR MORE DETAILS**

Last Agent to Sell the Property

Jody Clegg

Compass Brokerage Phone: 714-515-7052 License #01230876 Listed on: 08/13/2024

Compass

Co-Listed By

Claire Kirksey

Compass Brokerage Phone: 714-515-7052 License #02176974

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,025

Year Built

  • Built in 1969

HOA Fees

  • $350 Monthly HOA Fees

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Fence Around Pool
  • Exterior Lighting

Additional Features

  • Two or More Common Walls
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 35130
  • Assessor Parcel Number 7157012101
  • $279 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

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

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,025

Year Built

Built in 1969

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: LBR4R
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7157012101
  • Year Built: 1969
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 873.00 Square Feet
  • Stories: 1
  • Entry Location: Ground Level
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 423.83
  • Room Type: Kitchen, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bedroom

Exterior Features

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • 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: Curbs, Sidewalks, Street Lights
  • Association Management: True Comunnity

Schools

  • School District: Paramount Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • 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: 226

Tax Info

  • Tax Census Tract: 5706.03
  • Tax Lot: 1
  • Tax Tract Number: 35130
  • TaxOtherAnnualAssessmentAmount: 279.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2024
Closed on
Sep 18, 2024
Sold by
Mitchell Wesley
Bought by
Helaire Mitchell
Seller's Agent
Jody Clegg
Compass
List Price
$390,000
Sold Price
$370,000
Premium/Discount to List
-$20,000
-5.13%
Views
48
Current Estimated Value
$376,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,624
Avg. Annual Appreciation
1.39%

Purchase Details

Closed on
Apr 11, 2024
Sold by
Lunagaria Ravji and Lunagaria Bharati
Bought by
Hamilton Mitchell Helaire

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 24, 2016
Closed on
Apr 15, 2016
Sold by
5530 Ackerfield Wag Trust
Bought by
Lunagaria Ravji and Lunagaria Bharati
Seller's Agent
Donald Plunkett
Congress Realty, Inc
Buyer's Agent
Vinod Dudheker
Vinpro Realty
List Price
$199,999
Sold Price
$195,000
Premium/Discount to List
-$4,999
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%

Purchase Details

Closed on
Dec 2, 2015
Sold by
Talavera Sara
Bought by
5530 Ackerfield Wag Trust and Windsor Asset Group Llc

Purchase Details

Closed on
Aug 30, 2015
Sold by
Talavera Sara
Bought by
Talavera Alejandro

Purchase Details

Closed on
Mar 28, 2006
Sold by
Dunlap Jack Robert
Bought by
Talavera Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
6.29%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 27, 2005
Sold by
Dunlap Nancy
Bought by
Dunlap Jack Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
5.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 6, 2005
Sold by
Trujillo Maria
Bought by
Dunlap Jack Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
5.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 13, 2000
Sold by
Monjaras Isabel
Bought by
Trujillo Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
9.5%

Purchase Details

Closed on
Jun 23, 1999
Sold by
Hud
Bought by
Monjaras Isabel and Monjaras Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,587
Interest Rate
7.05%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 1998
Sold by
Fleet Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Jun 18, 1998
Sold by
Hitchcock Susan P
Bought by
Fleet Mtg Corp
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- First American Title Company
Grant Deed -- First American Title Company
Grant Deed $370,000 First American Title Insurance
Grant Deed $370,000 First American Title Insurance
Grant Deed $195,000 Stewart Title Of Ca Inc
Trustee Deed $140,000 None Available
Interfamily Deed Transfer -- None Available
Grant Deed $245,000 Fidelity National Title Co
Interfamily Deed Transfer -- Southland Title Corporation
Grant Deed $211,000 --
Grant Deed $80,000 Southland Title
Grant Deed $60,500 --
Grant Deed -- First Southwestern Title Co
Deed In Lieu Of Foreclosure -- First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $333,000 New Conventional
Previous Owner $49,000 Stand Alone Second
Previous Owner $196,000 Balloon
Previous Owner $42,000 Stand Alone Second
Previous Owner $168,000 Fannie Mae Freddie Mac
Previous Owner $66,500 FHA
Previous Owner $62,400 No Value Available
Previous Owner $58,587 FHA
Closed $15,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2024 11/16/24 Sold $370,000 -1.3% $424 / Sq Ft
08/25/2024 08/25/24 Price Changed $375,000 -3.8% $430 / Sq Ft
08/13/2024 08/13/24 For Sale $390,000 +100.0% $447 / Sq Ft
04/29/2016 04/29/16 Sold $195,000 -2.5% $223 / Sq Ft
03/31/2016 03/31/16 Pending -- -- --
03/24/2016 03/24/16 For Sale $199,999 -- $229 / 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 $3,025 $370,000 $243,800 $126,200
2024 $3,025 $226,306 $105,030 $121,276
2023 $2,965 $221,870 $102,971 $118,899
2022 $2,879 $217,520 $100,952 $116,568
2021 $2,808 $213,256 $98,973 $114,283
2019 $2,880 $206,934 $96,039 $110,895
2018 $2,686 $202,877 $94,156 $108,721
2016 $2,235 $180,000 $120,000 $60,000
2015 $1,629 $140,000 $98,600 $41,400
2014 $1,702 $140,000 $98,600 $41,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24166475

California Regional Multiple Listing Service (CRMLS)

APN: 7157-012-101