NOT LISTED FOR SALE

5535 Ackerfield Ave Unit 7 Long Beach, CA 90805

Paramount Neighborhood

Estimated Value: $312,000 - $378,163

2 Beds
2 Baths
854 Sq Ft
1.89 Acres

Last Sold July 31, 2014

Last sale price $140,000 $164 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $1,983/month

21 Days on Market

Highlights

  • In Ground Pool
  • 82,412 Sq Ft lot
  • Card or Code Access
  • Gated Community
  • Living Room
  • Community Barbecue Grill

About This Home

As of July 2014

Nice condo in N. Long Beach. Best deal in town. Open living space in this 2 bedroom 2 bath home. Perfect for first time buyers or investors looking for a great income property. Property can be delivered either vacant or with tenants. This complex is not FHA approved, however seller is willing to work with buyer concessions.

Last Agent to Sell the Property

Antje Frei

Fathom Realty Group, Inc. License #01481215 Listed on: 07/07/2014

Fathom Realty Group, Inc.

Last Buyer's Agent

Abbas Novin

License #00848164

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

Lot Details

  • 1.89

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 854 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Area

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Covered Space
  • On-Street Parking
  • Assigned Parking

Additional Features

  • In Ground Pool
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 7157-012-042

Community Details

Overview

  • Association fees include trash, water
  • 55 Units

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

1.89 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: New England Manor
  • Entry Floor: 1
  • Entry Location: Ground Level - no steps
  • Living Area: 854
  • Planned Urban Dev: 0
  • Year Built: 1969
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Hood Fan
  • Price Per S Q F T: 181.50

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Community
  • Pool: Yes
  • View: No

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, On street

Utilities

  • Heating: Radiant
  • Security: Card/Code Access, Smoke Detector

Association/Amenities

  • Amenities: Assoc Barbecue, Gated Community, Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • Association Fees Include: Trash, Water
  • HOA Fees: 220.00

Lot Info

  • Assessor Parcel Number: 7157-012-042
  • Geocode Override: No
  • Lot Size Area: 82412

Rental Info

  • Lease Option: 1

Multi Family

  • Number Of Units: 55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2014
Closed on
Jul 25, 2014
Sold by
Abaszada Nushaba
Bought by
Sarbaz Farzin
Seller's Agent
Antje Frei
Fathom Realty Group, Inc.
Buyer's Agent
Abbas Novin
List Price
$155,000
Sold Price
$140,000
Premium/Discount to List
-$15,000
-9.68%
Current Estimated Value
$348,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,041
Avg. Annual Appreciation
8.20%

Purchase Details

Listed on
Jul 7, 2014
Closed on
Jul 23, 2014
Sold by
Coleman Robert
Bought by
Sarbaz Farzin
Seller's Agent
Antje Frei
Fathom Realty Group, Inc.
Buyer's Agent
Abbas Novin
List Price
$155,000
Sold Price
$140,000
Premium/Discount to List
-$15,000
-9.68%

Purchase Details

Closed on
Sep 23, 2011
Sold by
Robles Adriana
Bought by
Colemand Robert and Coleman Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2006
Sold by
Robles Albert Lee
Bought by
Robles Adriana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,750
Interest Rate
8.77%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 22, 2005
Sold by
Robles Albert Lee
Bought by
Robles Adriana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,200
Interest Rate
7.9%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 31, 2005
Sold by
Buggs Jerry
Bought by
Robles Adriana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,200
Interest Rate
7.9%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 17, 2003
Sold by
Buggs Katrina D
Bought by
Buggs Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
6.99%

Purchase Details

Closed on
Feb 15, 2001
Sold by
Fleishman Dorothy Audrey
Bought by
Fleishman Dorothy Audrey

Purchase Details

Closed on
Jun 23, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Buggs Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,550
Interest Rate
7.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 18, 1995
Sold by
Humphrey Rhonda and Federal Home Loan Mortgage Cor
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 16, 1994
Sold by
Countrywide Funding Corp
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 10, 1994
Sold by
Humphrey Rhonda
Bought by
Countrywide Title Corp
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
Sarbaz Farzin -- Priority Title
Sarbaz Farzin $140,000 Priority Title
Colemand Robert $75,000 Investors Title Company
Robles Adriana -- New Century Title Glendale
Robles Adriana -- First American Title Company
Robles Adriana $221,000 First American Title Company
Buggs Jerry -- Provident Title Company
Fleishman Dorothy Audrey -- --
Buggs Jerry $63,500 First American Title Co
Federal Home Loan Mortgage Corporation $70,000 Continental Lawyers Title Co
Federal Home Loan Mortgage Corporation -- Continental Lawyers Title Co
Countrywide Title Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colemand Robert $52,000
Previous Owner Robles Adriana $251,750
Previous Owner Robles Adriana $44,200
Previous Owner Robles Adriana $176,800
Previous Owner Buggs Jerry $87,000
Previous Owner Buggs Jerry $61,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2014 07/31/14 Sold $140,000 -9.7% $164 / Sq Ft
07/07/2014 07/07/14 For Sale $155,000 -- $181 / Sq Ft
Source: The MLS

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 $2,281 $168,249 $49,870 $118,379
2024 $2,281 $164,951 $48,893 $116,058
2023 $2,235 $161,718 $47,935 $113,783
2022 $2,170 $158,548 $46,996 $111,552
2021 $2,114 $155,440 $46,075 $109,365
2019 $2,165 $150,831 $44,709 $106,122
2018 $2,016 $147,875 $43,833 $104,042
2017 $72 $144,976 $42,974 $102,002
2016 $1,805 $142,134 $42,132 $100,002
2015 $1,703 $140,000 $41,500 $98,500
2014 $1,068 $76,846 $15,369 $61,477
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Antje Frei

    Fathom Realty Group, Inc.

    Section Image

  • A

    Buyer's Agent in 2014

    Abbas Novin

See All Agents

Map

Source: The MLS

MLS Number: 14-775407

The MLS

APN: 7157-012-042

California Los Angeles County Long Beach 90805 Paramount

5535 Ackerfield Ave Unit 7, Long Beach, CA

Not Listed for Sale

Condos

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