NOT LISTED FOR SALE

Park Ocean Condos 5585 E Pacific Coast Hwy Unit 310 Long Beach, CA 90804

Park Estates Neighborhood

Estimated Value: $422,000 - $480,000

2 Beds
2 Baths
913 Sq Ft
$501/Sq Ft Est. Value

Sale Details

Date Sold: April 24, 2012

Last sale price $190,000 $208 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $2,670 / mo

About This Home

Two bed, two bath in Park Ocean. Park Ocean is one of the best locations in Long Beach, less than a mile from CSULB and this condo is one of the best locations in the building. And it doesn't stop there, the condo has been highly upgraded with tens of thousands of dollars spent on the entire place to make it one of a kind. The galley style kitchen has been completely gutted and remodeled so that the kitchen opens up to the family room and the balcony that is perfect for getting some afternoon sun or looking at the beautiful view of the pine trees in the garden area. Upgrades to this home include stainless steel appliances, completely remodeled kitchen with granite counters, recessed lighting, new windows, crown molding, custom shelving in both closets, beautifully tiled showers, and much more. This home also has two designated parking spaces. Amenities include pool, spa, gym, sauna, tennis, bbq, ping pong, basketball, and more!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2011
Closed on
Mar 16, 2012
Sold by
Karimi Sara
Bought by
Karimi Mike
Seller's Agent
Melba Conde
Vylla Home, Inc.
Buyer's Agent
Melba Conde
Vylla Home, Inc.
Sold Price
$190,000
Current Estimated Value
$457,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,385
Avg. Annual Appreciation
6.48%
Original Mortgage
$152,000
Outstanding Balance
$105,306
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$352,079

Purchase Details

Listed on
Jun 22, 2011
Closed on
Mar 8, 2012
Sold by
Roessler Mark
Bought by
Karimi Mike
Seller's Agent
Melba Conde
Vylla Home, Inc.
Buyer's Agent
Melba Conde
Vylla Home, Inc.
Sold Price
$190,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Outstanding Balance
$105,306
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$352,079

Purchase Details

Closed on
Oct 21, 2005
Sold by
Edick Merton
Bought by
Edick Hayley C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.07%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 17, 2005
Sold by
Roessler Cynthia
Bought by
Roessler Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.07%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 14, 2005
Sold by
Edick Hayley C
Bought by
Roessler Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.07%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 20, 2003
Sold by
Gray Lloyd
Bought by
Burman Hayley C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,999
Interest Rate
5.73%

Purchase Details

Closed on
Aug 6, 2002
Sold by
Hud
Bought by
Gray Lloyd Michael

Purchase Details

Closed on
Jan 8, 2002
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Jul 16, 2001
Sold by
Hernandez Maria A
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Sep 9, 1999
Sold by
Rodriguez Rose M
Bought by
Hernandez Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,700
Interest Rate
7.97%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Karimi Mike -- Chicago Title
Karimi Mike $190,000 Chicago Title
Edick Hayley C -- Lawyers Title Ins
Roessler Mark -- Lawyers Title Ins
Roessler Mark $340,000 Lawyers Title Ins
Burman Hayley C $190,000 North American Title Co
Gray Lloyd Michael $142,000 Southwestern Title
Hud -- First American Title Ins Co
Chase Manhattan Mtg Corp $113,085 First American Title Ins Co
Hernandez Maria A $110,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karimi Mike $152,000
Previous Owner Karimi Mike $152,000
Previous Owner Edick Hayley C $85,000
Previous Owner Roessler Mark $85,000
Previous Owner Roessler Mark $255,000
Previous Owner Burman Hayley C $151,999
Previous Owner Hernandez Maria A $106,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2020 06/17/20 Rented $2,000 -4.8% --
06/05/2020 06/05/20 Price Changed $2,100 -4.5% $2 / Sq Ft
06/03/2020 06/03/20 Price Changed $2,200 -4.3% $2 / Sq Ft
05/20/2020 05/20/20 For Rent $2,300 +9.5% --
05/10/2019 05/10/19 Rented $2,100 0.0% --
04/09/2019 04/09/19 Price Changed $2,100 -6.7% $2 / Sq Ft
03/15/2019 03/15/19 For Rent $2,250 +18.4% --
01/28/2017 01/28/17 Rented $1,900 0.0% --
01/15/2017 01/15/17 Off Market $1,900 -- --
01/15/2017 01/15/17 For Rent $1,900 +2.7% --
11/04/2015 11/04/15 Off Market $1,850 -- --
10/29/2015 10/29/15 For Rent $1,850 0.0% --
10/26/2015 10/26/15 Rented $1,850 0.0% --
10/23/2015 10/23/15 For Rent $1,850 0.0% --
04/24/2012 04/24/12 Sold $190,000 0.0% $208 / Sq Ft View Prior Sale
06/29/2011 06/29/11 Pending -- -- --
06/22/2011 06/22/11 Off Market $190,000 -- --

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 $3,146 $238,641 $182,123 $56,518
2024 $3,146 $233,962 $178,552 $55,410
2023 $3,092 $229,375 $175,051 $54,324
2022 $2,904 $224,878 $171,619 $53,259
2021 $2,842 $220,469 $168,254 $52,215
2019 $2,801 $213,931 $163,264 $50,667
2018 $2,732 $209,737 $160,063 $49,674
2016 $2,513 $201,595 $153,849 $47,746
2015 $2,414 $198,568 $151,539 $47,029
2014 $2,401 $194,679 $148,571 $46,108
Source: Public Records

Agents Affiliated with this Home

  • Pat Cassara

    Seller's Agent in 2020

    Pat Cassara

    Keller Williams Coastal Prop.

    (562) 818-2483

    29 Total Sales

    Pat Cassara
    Section Image
  • Kevin Sanderlin

    Seller's Agent in 2015

    Kevin Sanderlin

    Vylla Home, Inc.

    (858) 212-4702

    13 Total Sales

    Kevin Sanderlin
    Section Image
  • Melba Conde

    Seller's Agent in 2012

    Melba Conde

    Vylla Home, Inc.

    (562) 688-6902

    1 in this area

    21 Total Sales

    Melba Conde
    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 310, Long Beach, CA

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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