NOT LISTED FOR SALE

Estimated Value: $356,000 - $425,000

1 Bed
1 Bath
597 Sq Ft
$350/mo HOA Fee

Last Sold December 14, 2021

Last sale price $340,000 $570 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,830/month

8 Days on Market

Highlights

  • Heated Spa
  • Gated Community
  • Sauna
  • Minnie Gant Elementary School Rated A
  • 3.39 Acre Lot
  • Granite Countertops

About This Home

As of December 2021

Upgraded one-bedroom one-bath condo, in the gated resort-style Park Ocean located in the multi-million dollar neighborhood of Park Estates. Newer granite counter tops, stainless steel appliances, and laminate floorings. All appliances and furniture are including with. Onsite laundry rooms and one assigned parking space. Enjoy the heated Pool, spa/hot tub, Fitness Center, Sauna, Tennis Courts, court yard with BBQ's ! New roof on building and remodeled lobby with fireplace and flat screen TV. Very short distance to Cal State University of Long Beach. Close to Shopping Center, numerous restaurants, Long Beach Marina and The Veteran’s Hospital. Central location to 405, 605 and 22 Freeways. Nearby recreation includes Dog Park and Golf Course. Easy access to the famous Naples Island, beaches, Arts District, Aquarium of The Pacific, Downtown Long Beach, and Bluff Park.

Last Agent to Sell the Property

Sissi Lee

Pinnacle Real Estate Group License #02066580 Listed on: 11/06/2021

Pinnacle Real Estate Group

Last Buyer's Agent

Shih-Chi Chiang

Shih-Chi Chiang, Broker License #01876504

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,610

Year Built

  • Built in 1970

Lot Details

  • Two or More Common Walls
  • Density is 36-40 Units/Acre

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 597 Sq Ft Home
  • Laminate Flooring
  • Courtyard Views
  • Laundry Room

Kitchen

  • Electric Oven
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Pool

  • Heated Spa
  • Heated Pool

Additional Features

  • Exterior Lighting
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 5503
  • Tax Tract Number 37203
  • Assessor Parcel Number 7240025139
  • $196 per year additional tax assessments

Community Details

Overview

  • 220 Units
  • Park Ocean Association, Phone Number (310) 559-4700
  • Heather Miller HOA

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Sauna
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa
  • Bike Trail

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,610

Year Built

Built in 1970

Lot Details

0

HOA Fees

$350 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Furniture and appliances
  • Other Phone Description: Direct
  • Other Phone Number: 3238287289
  • Property Attached: Yes
  • Security: Gated Community
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7240025139
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 597.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 569.51
  • Room Type: All Bedrooms Down
  • Spa Features: Community, Heated
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: Courtyard
  • Pool Features: Community, Heated
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven
  • Heating Type: Electric
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 1
  • Amenities: Pool, Spa/Hot Tub, Sauna, Barbecue, Picnic Area, Tennis Court(s), Trash, Water, Pet Rules, Call for Rules, Management, Hot Water
  • Association Fee: 350.00
  • Association Fee Frequency: Monthly
  • Association Name: Park Ocean
  • Phone: 3105594700
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Sidewalks, Street Lights
  • Association Management: Heather Miller

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 36-40 Units/Acre
  • Lot Size Sq Ft: 147472.00
  • Lot Size Acres: 3.3855

Multi Family

  • Lease Considered: No
  • Lot Size Area: 147472.0000 Square Feet
  • Number Of Units In Community: 220
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 5503
  • Tax Tract Number: 37203
  • TaxOtherAnnualAssessmentAmount: 196.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2021
Closed on
Nov 19, 2021
Sold by
Li Jason Fu Jiang and Siu Sharon Sin
Bought by
Hsu Wei Shou
Seller's Agent
Sissi Lee
Pinnacle Real Estate Group
Buyer's Agent
Shih-Chi Chiang
Shih-Chi Chiang, Broker
List Price
$300,000
Sold Price
$340,000
Premium/Discount to List
$40,000
13.33%
Current Estimated Value
$384,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,699
Avg. Annual Appreciation
3.25%

Purchase Details

Closed on
Aug 3, 2019
Sold by
Jiang Li Jason Fu and Siu Sharon S
Bought by
Jiang Li Jason Fu and Siu Sharon Sin Pek

Purchase Details

Listed on
May 18, 2017
Closed on
Jun 1, 2017
Sold by
Karant William
Bought by
Li Jason Fi and Siu Sharon S
Seller's Agent
Kevin Sanderlin
Vylla Home, Inc.
Buyer's Agent
SOU PING TANG
High Ten Partners, Inc.
List Price
$249,000
Sold Price
$255,000
Premium/Discount to List
$6,000
2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$133,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2004
Sold by
Damone Karant Andrea
Bought by
Karant William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2004
Sold by
Forte Joseph and Forte Elizabeth
Bought by
Karant William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2001
Sold by
Livingston Marilyn
Bought by
Forte Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,950
Interest Rate
7.1%
Source: Public Records

Range of Values:

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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
Hsu Wei Shou $340,000 Stewart Title Of Ca Inc
Jiang Li Jason Fu -- None Available
Li Jason Fi $255,000 Wfg National Title
Karant William -- Old Republic Title Company
Karant William $215,000 Old Republic Title Company
Forte Joseph $90,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Li Jason Fi $133,000
Previous Owner Karant William $172,000
Previous Owner Forte Joseph $87,550
Previous Owner Forte Joseph $71,950
Previous Owner Livingston Marilyn $62,850
Closed Karant William $21,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2021 12/14/21 Sold $340,000 +13.3% $570 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
11/06/2021 11/06/21 For Sale $300,000 +17.6% $503 / Sq Ft
06/30/2017 06/30/17 Sold $255,000 +2.4% $427 / Sq Ft
05/26/2017 05/26/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $249,000 -- $417 / 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 $4,610 $360,810 $148,569 $212,241
2024 $4,610 $353,736 $145,656 $208,080
2023 $4,531 $346,800 $142,800 $204,000
2022 $4,252 $340,000 $140,000 $200,000
2021 $3,454 $273,410 $123,302 $150,108
2020 $3,445 $270,607 $122,038 $148,569
2019 $3,404 $265,302 $119,646 $145,656
2018 $3,322 $260,100 $117,300 $142,800
2016 $2,574 $208,000 $149,000 $59,000
2015 $2,506 $208,000 $149,000 $59,000
2014 $2,061 $166,000 $119,000 $47,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS21235842

California Regional Multiple Listing Service (CRMLS)

APN: 7240-025-139