NOT LISTED FOR SALE

Estimated Value: $360,278 - $393,000

1 Bed
1 Bath
597 Sq Ft
$268/mo HOA Fee

Last Sold August 24, 2017

Last sale price $260,000 $436 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,688/month

14 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Clubhouse
  • Minnie Gant Elementary School Rated A
  • 147,472 Sq Ft lot
  • Main Floor Bedroom

About This Home

As of August 2017

Perfectly located condo in Long Beach. Walk to CSULB, bike to the beach and freeway close. This condo is realtor owned and is offered "AS IS" but with a $5,000 carpet and paint allowance letting it be Buyer's choice. The balcony overlooks the relaxing interior of the complex with numerous amenities;bbq, pool,spa,gym with weights, sauna,etc. The unit is close to laundry( same floor), near the elevator to access one of the few Secure Covered assigned parking spaces. The cpmplex is safe and secure and has a nice clubhouse for private parties. The condo is VA and Convential loan approved but not FHA currently.

Last Listed By

Richard Gentile

Isthmus Corporation License #01397265 Listed on: 07/07/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,820

Year Built

  • Built in 1970

Lot Details

  • 1 Common Wall
  • Landscaped

HOA Fees

  • $268 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Automatic Gate
  • Assigned Parking

Interior Spaces

  • 597 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Courtyard Views
  • Security Lights
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Ceramic Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Accessible Home Design

  • Customized Wheelchair Accessible
  • No Interior Steps
  • Accessible Parking

Outdoor Features

  • Spa
  • Living Room Balcony

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 37203
  • Assessor Parcel Number 7240025181

Community Details

Overview

  • Park Ocean Association, Phone Number (562) 597-3328

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Sauna
  • Recreation Room
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,820

Year Built

Built in 1970

Lot Details

0

HOA Fees

$268 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Automatic Gate, Resident Manager, Security Lights
  • Subdivision Name Other: Park Ocean (PO)
  • View: Yes
  • Zoning: LBR4R
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7240025181
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 597.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Ceramic Counters, Living Room Balcony
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Accessibility Features: No Interior Steps, Parking, Customized Wheelchair Accessible
  • 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: 435.51
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Spa Features: Association
  • Bathroom Features: Shower In Tub

Exterior Features

  • View: Courtyard
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Covered
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Electric Cooktop, Disposal, Microwave, Refrigerator
  • Heating Type: Radiant
  • Laundry Features: Community, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Barbecue, Outdoor Cooking Area, Tennis Court(s), Gym/Ex Room, Clubhouse, Recreation Room, Storage, Dues Paid Monthly, Pets Permitted, Management, Controlled Access
  • Association Fee: 268.00
  • Association Fee Frequency: Monthly
  • Association Name: Park Ocean
  • Phone: 562-597-3328
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 147472.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5748.00
  • Tax Lot: 1
  • Tax Tract Number: 37203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2017
Closed on
Jul 24, 2017
Sold by
Long Beach Trading Company Inc
Bought by
Murakami Hitoshi
Seller's Agent
Richard Gentile
Isthmus Corporation
Buyer's Agent
Richard Gentile
Isthmus Corporation
List Price
$249,900
Sold Price
$260,000
Premium/Discount to List
$10,100
4.04%
Total Days on Market
14
Current Estimated Value
$375,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,570
Avg. Annual Appreciation
4.79%
Original Mortgage
$247,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2017
Sold by
Genyi Richard D
Bought by
Long Beach Trading Company Inc

Purchase Details

Closed on
Jul 22, 2005
Sold by
Gentile Richard D
Bought by
Gentile Richard D and Gentile Merodie A

Range of Values:

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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
Murakami Hitoshi $260,000 Ticor Title Company
Long Beach Trading Company Inc -- Accommodation
Gentile Richard D -- Accommodation
Gentile Richard D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murakami Hitoshi $219,075
Closed Murakami Hitoshi $219,042
Closed Murakami Hitoshi $247,000
Previous Owner Gentile Richard D $95,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2017 08/24/17 Sold $260,000 +4.0% $436 / Sq Ft
07/21/2017 07/21/17 Pending -- -- --
07/07/2017 07/07/17 For Sale $249,900 -- $419 / 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
2024 $3,820 $290,031 $133,860 $156,171
2023 $3,754 $284,345 $131,236 $153,109
2022 $3,523 $278,770 $128,663 $150,107
2021 $3,453 $273,305 $126,141 $147,164
2019 $3,403 $265,200 $122,400 $142,800
2018 $3,321 $260,000 $120,000 $140,000
2017 $2,281 $172,481 $33,398 $139,083
2016 $2,124 $169,100 $32,744 $136,356
2015 $2,040 $166,561 $32,253 $134,308
2014 $2,031 $163,300 $31,622 $131,678
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17155335

California Regional Multiple Listing Service (CRMLS)

APN: 7240-025-181