NOT LISTED FOR SALE

Estimated Value: $535,121 - $542,000

2 Beds
2 Baths
908 Sq Ft
$342/mo HOA Fee

Last Sold January 10, 2024

Last sale price $525,000 $578 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,761/month

10 Days on Market

Highlights

  • Fitness Center
  • 1.25 Acre Lot
  • Main Floor Primary Bedroom
  • City Lights View
  • Open Floorplan
  • 4-minute walk to Cesar E Chavez Park

About This Home

As of January 2024

Welcome to the epitome of Long Beach living at 555 Maine Ave #409! This top-floor, penthouse-like unit promises unparalleled value with central HVAC, 2 side-by side parking spaces, in-unit laundry and gorgeous city views, all for under $500,000.

Step into your light-filled haven - an end-unit with just one shared wall - ensuring tranquility and privacy. The open floor plan, coupled with soaring 14+ feet vaulted ceilings, creates an airy and inviting atmosphere. Enjoy cozy evenings by the custom fireplace in the living room and relish the convenience of updated laminate flooring throughout. Inside, modern touches include an updated kitchen with granite countertops, floor-to-ceiling porcelain tile in the two full bathrooms and custom European-style cabinets in the hallway. Marvel at the panoramic views of downtown Long Beach from your private balcony or the expansive 2000 square feet shared sundeck just outside your door - a true highlight of this property! Location is also prime as this unit is just a few steps to the elevator and trash chute for added convenience. Other HOA amenities include: a pool and spa, gym with recently-updated equipment, secure underground gated parking, and lush, professionally-maintained landscaping.

Emerald Villas is just 5 blocks from the beach and close to the coffee shops, dining, and lively nightlife of Pine Ave, Shoreline Village and The Pike. For commuters, it is easily accessible to the 710 FWY and Blue Metro Line. For those seeking adventure, indulge in the Grand Prix, Laugh Factory, the iconic Queen Mary, and a plethora of water activities, including jet skis, boat rentals, and paddle boarding. Your new home at 555 Maine Ave #409 isn't just a residence; it's a gateway to the vibrant Long Beach lifestyle. Seize the opportunity to make this condo your own and be part of a community that embodies coastal California living!

Last Agent to Sell the Property

Amy Tsang

Compass License #02056100 Listed on: 12/05/2023

Compass

Co-Listed By

Ruben Sanchez

Real Broker License #02091617

Last Buyer's Agent

Don Pagtakhan

The Network Agency License #02096939

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,800

Year Built

  • Built in 1991

Lot Details

  • 1.25

HOA Fees

  • $342 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 908 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room Balcony
  • Combination Dining and Living Room
  • Storage
  • Laundry Room
  • Laminate Flooring
  • City Lights Views

Kitchen

  • Open to Family Room
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Upgraded Bathroom
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Home Security

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters

Additional Features

  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 48309
  • Assessor Parcel Number 7278016148
  • $225 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 123 Units
  • Emerald Villas HOA, Phone Number (800) 369-7260
  • Associa Property Management HOA
  • Downtown Subdivision
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,800

Year Built

Built in 1991

Lot Details

0

HOA Fees

$342 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Fire Sprinkler System, Smoke Detector(s)
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7278016148
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 908.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Living Room Balcony, Open Floorplan, Storage
  • Stories: 4
  • Entry Location: Ground Floor
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: In Living Room
  • Entry Level: 4
  • Fireplace Features: Living Room, Gas
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 578.19
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower In Tub, Exhaust Fan(s), Upgraded
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Gym/Ex Room, Insurance, Maintenance Grounds, Trash, Sewer, Water, Pet Rules, Controlled Access
  • Association Fee: 342.00
  • Association Fee Frequency: Monthly
  • Association Name: Emerald Villas HOA
  • Phone: (800) 369-7260
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
  • Association Management: Associa Property Management

Schools

  • School District: Long Beach Unified

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 54318.00
  • Lot Size Acres: 1.2470

Multi Family

  • Lease Considered: No
  • Lot Size Area: 54318.0000 Square Feet
  • Number Of Units In Community: 123
  • Number Of Units Total: 123

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 48309
  • TaxOtherAnnualAssessmentAmount: 224.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2023
Closed on
Dec 22, 2023
Sold by
Sanders David Vincent and Rhasheema Sweeti
Bought by
Sebastian Jessica Ambrose
Seller's Agent
Amy Tsang
Compass
Buyer's Agent
Don Pagtakhan
The Network Agency
List Price
$499,000
Sold Price
$525,000
Premium/Discount to List
$26,000
5.21%
Total Days on Market
10
Views
77
Current Estimated Value
$536,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,208
Avg. Annual Appreciation
1.67%
Original Mortgage
$498,750
Outstanding Balance
$490,897
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$48,133

Purchase Details

Listed on
Sep 10, 2018
Closed on
Sep 27, 2018
Sold by
Neill Cody Michael O
Bought by
Kwan Melissa C
Seller's Agent
Aaron Duckett
Duck Group Real Estate
Buyer's Agent
Alex Moller
Homequest Real Estate
List Price
$388,000
Sold Price
$410,000
Premium/Discount to List
$22,000
5.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.85%
Original Mortgage
$389,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 10, 2018
Closed on
Sep 24, 2018
Sold by
Yuen Poling and Kwan Melissa C
Bought by
Sanders Vincent and Sanders Rhasheema Sweeting
Seller's Agent
Aaron Duckett
Duck Group Real Estate
Buyer's Agent
Alex Moller
Homequest Real Estate
List Price
$388,000
Sold Price
$410,000
Premium/Discount to List
$22,000
5.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 27, 2012
Closed on
Jan 23, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Yuen Poling and Kwan Melissa C
Seller's Agent
Allen Chiang
Presidential Inc
Buyer's Agent
Allen Chiang
Presidential Inc
List Price
$174,350
Sold Price
$160,000
Premium/Discount to List
-$14,350
-8.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.85%

Purchase Details

Closed on
Jul 10, 2012
Sold by
Walsh Dennis W
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 9, 2004
Sold by
Bergey Kathleen
Bought by
Walsh Dennis W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,200
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2002
Sold by
Cash Luciano A
Bought by
Vancampen Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,500
Interest Rate
6.6%

Purchase Details

Closed on
Apr 10, 1997
Sold by
Va
Bought by
Cash Luciano A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,500
Interest Rate
7.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 17, 1996
Sold by
Fleet Mtg Corp
Bought by
Va

Purchase Details

Closed on
Oct 30, 1996
Sold by
Rau James M
Bought by
Fleet Mtg Corp and Fleet Real Estate Funding Corp
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
Sebastian Jessica Ambrose $525,000 Old Republic Title Company
Kwan Melissa C -- Chicago Title Company
Sanders Vincent $410,000 Chicago Title Company
Yuen Poling $160,000 Ticor Title
Federal Home Loan Mortgage Corporation $192,856 Accommodation
Walsh Dennis W $326,500 Chicago Title Company
Walsh Dennis W -- Chicago Title Company
Vancampen Kathleen $169,500 American Title Co
Cash Luciano A $69,500 First American Title Co
Va -- First Southwestern Title Co
Fleet Mtg Corp $55,178 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sebastian Jessica Ambrose $498,750
Previous Owner Sanders David Vincent $382,000
Previous Owner Sanders Vincent $389,500
Previous Owner Yuen Poling $112,286
Previous Owner Walsh Dennis William $40,000
Previous Owner Walsh Dennis W $261,200
Previous Owner Vancampen Kathleen $126,500
Previous Owner Cash Luciano A $93,500
Previous Owner Cash Luciano A $5,500
Previous Owner Cash Luciano A $69,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2024 01/10/24 Sold $525,000 +5.2% $578 / Sq Ft
12/19/2023 12/19/23 Pending -- -- --
12/08/2023 12/08/23 For Sale $499,000 +21.7% $550 / Sq Ft
10/22/2018 10/22/18 Sold $410,000 +5.7% $452 / Sq Ft
09/10/2018 09/10/18 For Sale $388,000 +142.5% $427 / Sq Ft
01/31/2013 01/31/13 Sold $160,000 -3.0% $176 / Sq Ft
01/07/2013 01/07/13 Pending -- -- --
01/02/2013 01/02/13 Price Changed $165,000 -5.4% $182 / Sq Ft
12/27/2012 12/27/12 For Sale $174,350 0.0% $192 / Sq Ft
11/23/2012 11/23/12 Pending -- -- --
11/22/2012 11/22/12 For Sale $174,350 -- $192 / 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 $5,800 $535,500 $344,862 $190,638
2024 $5,800 $448,390 $269,909 $178,481
2023 $5,702 $439,599 $264,617 $174,982
2022 $5,350 $430,980 $259,429 $171,551
2021 $5,244 $422,531 $254,343 $168,188
2019 $5,169 $410,000 $246,800 $163,200
2018 $2,206 $173,160 $34,631 $138,529
2016 $2,025 $166,437 $33,287 $133,150
2015 $1,945 $163,937 $32,787 $131,150
2014 $1,935 $160,726 $32,145 $128,581
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23221101

California Regional Multiple Listing Service (CRMLS)

APN: 7278-016-148