Seller's Agent in 2024
Teresa McCarthy
Teresa McCarthy, Broker
(562) 725-5052
2 in this area
17 Total Sales
Park Ocean Condos 5585 E Pacific Coast Hwy Unit 202 Long Beach, CA 90804
Park Estates NeighborhoodEstimated Value: $280,000 - $295,000
1
Bed
1
Bath
418
Sq Ft
$377/mo
HOA Fee
Highlights
- Golf Course Community
- 24-Hour Security
- Fishing
- Minnie Gant Elementary School Rated A
- Spa
- 3.39 Acre Lot
About This Home
As of August 2024Welcome to the gated, resort-style Studio condo in "Park Ocean" featuring the finest in coastal living with heated pool, spa, sauna, exercise facility, tennis courts, BBQ, laundry rooms, recreation room, gazebo and so much more! Within walking distance of CSULB (across the street), VA Hospital and Belmont Shores. Let's not forget to mention--easy access to freeways, beaches, marina, shopping and dining! This unit, though small, showcases an open balcony bringing the outdoors in, all while delivering a view of the beautiful California sunsets. A standard kitchen, complete with sink, stove/oven and bathroom complete the serene space. One covered, secured parking space included. This property is sold "AS-IS" in its present physical condition as of the date of acceptance. This is perfect for a starter home to help build equity and move on up in a few years. This cozy studio features all of the amenities you'll quickly turn into "home."
Last Agent to Sell the Property
Teresa McCarthy, Broker Brokerage Phone: 562 725 5052 License #02003560 Listed on: 07/31/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,256
Year Built
- Built in 1970
Lot Details
- 1 Common Wall
- Block Wall Fence
- Brick Fence
HOA Fees
- $377 Monthly HOA Fees
Parking
- 1 Car Garage
- Detached Carport Space
- Parking Available
- Automatic Gate
- Assigned Parking
Interior Spaces
- 418 Sq Ft Home
- 1-Story Property
- Entryway
- Vinyl Flooring
- Neighborhood Views
- Laundry Room
Kitchen
- Electric Oven
- Electric Range
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Outdoor Features
- Spa
- Balcony
- Wood Patio
- Exterior Lighting
Location
- Suburban Location
Schools
- Wilson High School
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 37203
- Assessor Parcel Number 7240025094
- $204 per year additional tax assessments
Community Details
Overview
- 219 Units
- Ocean Park Association, Phone Number (310) 559-4700
- King George Property Management HOA
Amenities
- Community Barbecue Grill
- Recreation Room
- Laundry Facilities
Recreation
- Golf Course Community
- Community Pool
- Community Spa
- Fishing
- Dog Park
- Bike Trail
Security
- 24-Hour Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 31, 2024
Closed on
Aug 9, 2024
Sold by
Smith Gerald and Smith Edna
Bought by
Sobkowski Shaun
Seller's Agent
Teresa McCarthy
Teresa McCarthy, Broker
Buyer's Agent
Ruben Sanchez
Real Broker
List Price
$325,000
Sold Price
$275,000
Premium/Discount to List
-$50,000
-15.38%
Views
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,222
Avg. Annual Appreciation
4.44%
Purchase Details
Listed on
Jul 31, 2024
Closed on
Aug 1, 2024
Sold by
Smith Gerald and Smith Edna
Bought by
Sobkowski Shaun
Seller's Agent
Teresa McCarthy
Teresa McCarthy, Broker
Buyer's Agent
Ruben Sanchez
Real Broker
List Price
$325,000
Sold Price
$275,000
Premium/Discount to List
-$50,000
-15.38%
Views
2
Purchase Details
Listed on
Mar 4, 2015
Closed on
Mar 17, 2015
Sold by
Morin Jerome L
Bought by
Smith Gerald
Seller's Agent
Niurka Strong
Niurka Strong Broker
Buyer's Agent
Christine Ballew
List Price
$142,500
Sold Price
$140,000
Premium/Discount to List
-$2,500
-1.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.52%
Original Mortgage
$133,000
Interest Rate
3.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 10, 2010
Sold by
Valdoria Jonas
Bought by
Morin Jerome L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
4.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 2, 2004
Sold by
Rezai Nima
Bought by
Valdoria Jonas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 30, 2002
Sold by
Morris Steven L and Morris Kimberly M
Bought by
Rezai Nima
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
6.52%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sobkowski Shaun | $275,000 | Old Republic Title Company | |
| Sobkowski Shaun | $275,000 | Old Republic Title Company | |
| Smith Gerald | $140,000 | Fidelity National Title | |
| Morin Jerome L | $80,000 | Chicago Title Company | |
| Valdoria Jonas | $146,000 | Chicago Title Company | |
| Rezai Nima | $79,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Smith Gerald | $127,786 | |
| Previous Owner | Smith Gerald | $133,000 | |
| Previous Owner | Morin Jerome L | $64,000 | |
| Previous Owner | Valdoria Jonas | $164,000 | |
| Previous Owner | Valdoria Jonas | $116,800 | |
| Previous Owner | Rezai Nima | $67,000 | |
| Closed | Valdoria Jonas | $29,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2024 08/15/24 | Sold | $275,000 | -15.4% | $658 / Sq Ft |
| 07/31/2024 07/31/24 | For Sale | $325,000 | +132.1% | $778 / Sq Ft |
| 04/27/2015 04/27/15 | Sold | $140,000 | -1.8% | $335 / Sq Ft |
| 03/10/2015 03/10/15 | Pending | -- | -- | -- |
| 03/04/2015 03/04/15 | For Sale | $142,500 | -- | $341 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $2,256 | $275,000 | $100,000 | $175,000 |
| 2024 | $2,256 | $164,952 | $129,607 | $35,345 |
| 2023 | $2,216 | $161,718 | $127,066 | $34,652 |
| 2022 | $2,082 | $158,548 | $124,575 | $33,973 |
| 2021 | $2,038 | $155,440 | $122,133 | $33,307 |
| 2019 | $2,009 | $150,831 | $118,511 | $32,320 |
| 2018 | $1,957 | $147,875 | $116,188 | $31,687 |
| 2016 | $1,805 | $142,134 | $111,677 | $30,457 |
| 2015 | $1,118 | $85,279 | $53,300 | $31,979 |
| 2014 | $1,117 | $83,609 | $52,256 | $31,353 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Ruben Sanchez
Real Broker
(714) 656-6325
2 in this area
63 Total Sales
-
Seller's Agent in 2015
Niurka Strong
Niurka Strong Broker
(310) 528-4469
11 Total Sales
-
C
Buyer's Agent in 2015
Christine Ballew
About Park Ocean Condos
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24154637
APN: 7240-025-094
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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