$305,000
SOLD SEP 20, 2024
-- Bed
1 Bath
418 Sq Ft
$378/mo HOA Fee

Recently Sold

$730 Per Sq Ft

9% Below List Price

129 Days on Market

Highlights

  • No Units Above
  • Gated Parking
  • Updated Kitchen
  • Minnie Gant Elementary School Rated A
  • View of Trees or Woods
  • 3.39 Acre Lot

About This Home

As of September 2024

Welcome to your top floor studio suite with large private balcony over looking the tropical like common area. The highly updated unit offers maple hardwood floors and new dual pain sliding glass door with with Hunter Douglas Luminette sheer drapery. The new gourmet kitchen has black/stainless appliances, Themar Statuario polished porcelain tile back splash and a 5 stage reverse osmosis water filtration system. Both the kitchen and bathroom have custom cabinetry, Calacatta Gold polished porcelain floor tiling and quartz counters. Park Ocean is a gated community and is located next to CSULB, the VA, Belmont Shore and beach. The unit is located close to elevator, common laundry area and trash chute. The complex amenities include swimming pool, spa, gym, tennis courts, bike storage room, common meeting room and a BBQ area. There is an onsite property manager and laundry facilities on each level. This unit has gated subterranean parking with storage. The HOA includes water, trash and sewer. Move-in ready, you deserve to live here......

Last Agent to Sell the Property

Scott Chapman

Coldwell Banker Realty Brokerage Email: scott@scottLBnow.com License #01389775 Listed on: 04/26/2024

Coldwell Banker Realty

Last Buyer's Agent

Deborah Cowles

Compass License #01232658

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,234

Year Built

  • Built in 1970

Lot Details

  • No Units Above
  • End Unit
  • 1 Common Wall

HOA Fees

  • $378 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available
  • Gated Parking
  • Community Parking Structure

Property Views

  • Woods
  • Pool

Home Design

  • Midcentury Modern Architecture
  • Turnkey

Interior Spaces

  • 418 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Electric Range
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Remodeled Bathroom
  • 1 Full Bathroom
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Utilities

  • Radiant Heating System
  • Hot Water Heating System
  • Sewer Paid

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Tract Number 37203
  • Assessor Parcel Number 7240025221
  • $204 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 219 Units
  • Park Ocean Association, Phone Number (818) 739-1105
  • King George Property Mgt HOA
  • Park Ocean Subdivision
  • Maintained Community

Amenities

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

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,234

Year Built

Built in 1970

Lot Details

0

HOA Fees

$378 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: stove, refrigerator, microwave
  • Property Attached: Yes
  • Subdivision Name Other: Park Ocean (PO)
  • View: Yes
  • Zoning: LBR4R
  • Architectural Style: Mid Century Modern
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7240025221
  • Year Built: 1970
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 418.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall, End Unit, No One Above
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Eating Area: Area
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 729.67
  • Room Type: Kitchen, Living Room
  • Bathroom Features: Shower In Tub, Exhaust Fan(s), Remodeled
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • View: Pool, Trees/Woods
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Community Structure, Covered, Gated, Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Microwave, Refrigerator
  • Heating Type: Radiant
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Barbecue, Outdoor Cooking Area, Picnic Area, Tennis Court(s), Recreation Room, Maintenance Grounds, Trash, Sewer, Water, Management, Controlled Access, Hot Water
  • Association Fee: 378.00
  • Association Fee Frequency: Monthly
  • Association Name: Park Ocean
  • Phone: 8187391105
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Urban
  • Association Management: king george property mgt

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 147503.00
  • Lot Size Acres: 3.3862
  • Latitude Manual: 33.77662800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 147503.0000 Square Feet
  • Number Of Units In Community: 219
  • Number Of Units Total: 219

Tax Info

  • Tax Census Tract: 5748.00
  • Tax Tract Number: 37203
  • TaxOtherAnnualAssessmentAmount: 204.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Sep 3, 2024
Sold by
Palmer Kerwyn W
Bought by
Dodson Christopher and Dodson Cecilia
Seller's Agent
Scott Chapman
Coldwell Banker Realty
Buyer's Agent
Deborah Cowles
Compass
List Price
$335,900
Sold Price
$305,000
Premium/Discount to List
-$30,900
-9.2%
Views
161
Current Estimated Value
$310,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,071
Avg. Annual Appreciation
1.36%

Purchase Details

Closed on
Feb 26, 1994
Sold by
Palmer Kevyn D
Bought by
Palmer Kerwyn W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,650
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 18, 1994
Sold by
Palmer Billie Jo
Bought by
Palmer Kerwyn W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,650
Interest Rate
6.98%
Mortgage Type
FHA
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $305,000 Fidelity National Title
Grant Deed -- Continental Land Title
Quit Claim Deed -- Continental Land Title
Individual Deed -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $41,650 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $305,000 -1.6% $730 / Sq Ft
09/02/2024 09/02/24 Pending -- -- --
06/27/2024 06/27/24 Price Changed $309,850 -3.2% $741 / Sq Ft
06/04/2024 06/04/24 Price Changed $319,980 -1.5% $766 / Sq Ft
05/30/2024 05/30/24 Price Changed $324,900 -3.3% $777 / Sq Ft
04/26/2024 04/26/24 For Sale $335,900 -- $804 / 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 $1,234 $305,000 $187,500 $117,500
2024 $1,234 $82,525 $21,933 $60,592
2023 $1,210 $80,907 $21,503 $59,404
2022 $1,140 $79,322 $21,082 $58,240
2021 $1,113 $77,768 $20,669 $57,099
2019 $1,147 $75,463 $20,057 $55,406
2018 $1,065 $73,984 $19,664 $54,320
2016 $983 $71,112 $18,901 $52,211
2015 $947 $70,045 $18,618 $51,427
2014 $947 $68,674 $18,254 $50,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24074512

California Regional Multiple Listing Service (CRMLS)

APN: 7240-025-221