NOT LISTED FOR SALE

5535 Ackerfield Ave Unit 18 Long Beach, CA 90805

Paramount Neighborhood

Estimated Value: $295,000 - $428,000

1 Bed
1 Bath
672 Sq Ft
$152/mo HOA Fee

Last Sold June 16, 2014

Last sale price $117,000 $174 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $2,097/month

1 Day on Market

Highlights

  • Private Pool
  • 1.89 Acre Lot
  • Radiant Heating System
  • All Bedrooms Downstairs
  • End Unit

About This Home

As of June 2014

One bedroom one bath condo end unit in desirable complex in North Long Beach.

Last Agent to Sell the Property

Justin Edwards

Beach Cities Properties, Inc. License #01704406 Listed on: 04/21/2014

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

Lot Details

  • End Unit
  • Two or More Common Walls

HOA Fees

  • $152 Monthly HOA Fees

Home Design

  • 672 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Bedrooms Down
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Carport Space

Pool

  • Private Pool

Utilities

  • Radiant Heating System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 29875
  • Assessor Parcel Number 7157012053

Community Details

Overview

  • 55 Units

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

0

HOA Fees

$152 per month

Listing Details

  • Assessments: No
  • Inclusions: All Appliances
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Ackerfield Condos (AC)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7157012053
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 672.00
  • Common Walls: 2+ Common Walls, End Unit
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Price Per Square Foot: 174.11
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Features: Association
  • Pool Private: Yes

Garage/Parking

  • Carport Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Heating Type: Radiant
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 152.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 82412.00
  • Lot Size Acres: 1.8920

Multi Family

  • Lease Considered: No
  • Lot Size Area: 82412.0000 Square Feet
  • Number Of Units In Community: 55
  • Number Of Units Total: 55

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 29875

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2014
Closed on
Aug 5, 2014
Sold by
Lake David Alan
Bought by
Lake Hsiao Revocable Living Trust
Seller's Agent
Justin Edwards
Beach Cities Properties, Inc.
Buyer's Agent
Justin Edwards
Beach Cities Management, Inc.
List Price
$120,000
Sold Price
$117,000
Premium/Discount to List
-$3,000
-2.5%
Current Estimated Value
$339,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,756
Avg. Annual Appreciation
9.67%

Purchase Details

Listed on
Apr 21, 2014
Closed on
May 8, 2014
Sold by
Edwards Douglas
Bought by
Lake David Ralan and Hsiao Ya Sui
Seller's Agent
Justin Edwards
Beach Cities Properties, Inc.
Buyer's Agent
Justin Edwards
Beach Cities Management, Inc.
List Price
$120,000
Sold Price
$117,000
Premium/Discount to List
-$3,000
-2.5%

Purchase Details

Closed on
May 27, 2011
Sold by
Webb Kanika M
Bought by
Edwards Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,800
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2006
Sold by
Webb Kanika M
Bought by
Webb Kanika M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2004
Sold by
Magee Eric Martin
Bought by
Webb Kanika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2000
Sold by
Jones Damon
Bought by
Magee Eric Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,472
Interest Rate
7.98%
Mortgage Type
FHA

Purchase Details

Closed on
May 2, 2000
Sold by
Countrywide Home Loans Inc
Bought by
Jones Damon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,100
Interest Rate
8.18%

Purchase Details

Closed on
Jan 10, 2000
Sold by
Bechtel Jonathan A
Bought by
Countrywide Home Loans Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lake Hsiao Revocable Living Trust -- None Available
Lake David Ralan $117,000 Fatcola
Edwards Douglas $62,000 Lawyers Title Company
Webb Kanika M -- New Century Title Company
Webb Kanika $110,000 Investors Title Company
Magee Eric Martin $65,000 Lawyers Title Company
Jones Damon $35,000 Landsafe Title
Countrywide Home Loans Inc $22,000 Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edwards Douglas $55,800
Previous Owner Webb Kanika M $160,000
Previous Owner Webb Kanika $99,000
Previous Owner Magee Eric Martin $63,472
Previous Owner Jones Damon $33,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2014 06/16/14 Sold $117,000 -2.5% $174 / Sq Ft
04/22/2014 04/22/14 Pending -- -- --
04/21/2014 04/21/14 For Sale $120,000 -- $179 / 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 $1,974 $143,414 $35,790 $107,624
2024 $1,974 $140,603 $35,089 $105,514
2023 $1,934 $137,847 $34,401 $103,446
2022 $1,876 $135,145 $33,727 $101,418
2021 $1,828 $132,496 $33,066 $99,430
2019 $1,871 $128,568 $32,086 $96,482
2018 $1,740 $126,048 $31,457 $94,591
2016 $1,560 $121,156 $30,237 $90,919
2015 $1,473 $119,337 $29,783 $89,554
2014 $924 $64,795 $12,958 $51,837
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Justin Edwards

    Beach Cities Properties, Inc.

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14089325

California Regional Multiple Listing Service (CRMLS)

APN: 7157-012-053

California Los Angeles County Long Beach 90805 Paramount

5535 Ackerfield Ave Unit 18, Long Beach, CA

Not Listed for Sale

Condos

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