NOT LISTED FOR SALE

Park Ocean Condos 5585 E Pacific Coast Hwy Unit 15 Long Beach, CA 90804

Park Estates Neighborhood

Estimated Value: $382,000 - $400,000

1 Bed
1 Bath
597 Sq Ft
$654/Sq Ft Est. Value

Last Sold July 28, 2016

Last sale price $222,000 $372 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,579/month

About This Home

As of July 2016

Don't Miss this Fabulous Immaculate Clean - Remodeled Furnished Condo in Park Ocean...You will Feel Like you are in a Resort all Year Long...Walk into a Quaint, Charming and Completely Re-Done, New Kitchen, New Flooring, New Bath, New Paint, you will not be dis-appointed..Sliding Glass Door leading to a Patio with the BB'que right outside Your Door..Located in a spot where there are Gorgeous Mature Trees and a Steams..
First Floor Level for Your Convenience..The Club House Recently Remodeled with all the New Colors, Fireplace ..Enjoy all the Amenities at Park Ocean, Pool, Spa, Tennis, Gym, Gazebo with Patios and Lawn Furniture for Entertaining. Professionally Landscaped Grounds thru out the Complex...Close to the Beach, Belmont Shore, CSULB, VA Hospital, Parks, Freeways and the Long Beach Airport..1 Parking Space..Don't Miss it..you will Love it. (Owner will consider removing the furniture if not needed)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Japal Family Trust
Bought by
Magallanes Candice Lynn
Current Estimated Value
$390,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Outstanding Balance
$310,787
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$82,950

Purchase Details

Listed on
Jun 18, 2016
Closed on
Jul 25, 2016
Sold by
Lee Meekyung
Bought by
Rodriguez Ii James J and Patin Connie M
Seller's Agent
Steve Hwang
Century 21 Union Realty
Buyer's Agent
Steve Hwang
Century 21 Union Realty
List Price
$235,000
Sold Price
$222,000
Premium/Discount to List
-$13,000
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%

Purchase Details

Closed on
Aug 28, 2013
Sold by
Nativo Michael Anthony
Bought by
Lee Meekyung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 1996
Sold by
Johnson Rodney A
Bought by
Marks Millie and Tsourouflis Dimitris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,050
Interest Rate
8.03%
Mortgage Type
FHA

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Magallanes Candice Lynn $350,000 Clearmark Title
Rodriguez Ii James J $222,000 Priority Title
Lee Meekyung $165,000 First American Title Company
Marks Millie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magallanes Candice Lynn $332,500
Previous Owner Lee Meekyung $123,000
Previous Owner Nativo Michael Anthony $116,000
Previous Owner Nativo Michael Anthony $20,000
Previous Owner Marks Millie $85,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2017 06/11/17 Rented $1,595 0.0% --
05/22/2017 05/22/17 Under Contract -- -- --
05/15/2017 05/15/17 For Rent $1,595 0.0% --
07/28/2016 07/28/16 Sold $222,000 -5.5% $372 / Sq Ft
06/18/2016 06/18/16 For Sale $235,000 +5.9% $394 / Sq Ft
06/17/2016 06/17/16 Off Market $222,000 -- --
06/13/2016 06/13/16 For Sale $235,000 -- $394 / Sq Ft

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
2024 $4,739 $364,140 $156,060 $208,080
2023 $4,658 $357,000 $153,000 $204,000
2022 $3,096 $242,786 $131,236 $111,550
2021 $3,032 $238,026 $128,663 $109,363
2019 $2,989 $230,968 $124,848 $106,120
2018 $2,916 $226,440 $122,400 $104,040
2016 $2,063 $170,862 $88,020 $82,842
2015 $1,981 $168,296 $86,698 $81,598
2014 $1,971 $165,000 $85,000 $80,000
Source: Public Records

Agents Affiliated with this Home

  • Karen Enterline

    Seller's Agent in 2017

    Karen Enterline

    RE/MAX

    (562) 982-0300

    Section Image
  • Steve Hwang

    Seller's Agent in 2016

    Steve Hwang

    Century 21 Union Realty

    (310) 634-9979

    50 Total Sales

    Steve Hwang
    Section Image
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About Park Ocean Condos

Map

California Los Angeles County Long Beach 90804 Park Estates

5585 E Pacific Coast Hwy Unit 15, Long Beach, CA

Homes for Sale in Long Beach, CA

This home is located at 5585 E Pacific Coast Hwy Unit 15, Long Beach, CA 90804 and is currently estimated at $390,147, approximately $653 per square foot. 5585 E Pacific Coast Hwy Unit 15 is a home located in Los Angeles County with nearby schools including Minnie Gant Elementary School, Stanford Middle School, and Woodrow Wilson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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