NOT LISTED FOR SALE

Estimated Value: $692,000 - $1,056,000

3 Beds
2.5 Baths
1,594 Sq Ft
$200/mo HOA Fee

Last Sold April 15, 2014

Last sale price $440,000 $276 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,176/month

6 Days on Market

Highlights

  • Cathedral Ceiling
  • Lawn
  • Balcony
  • Minnie Gant Elementary School Rated A
  • Covered Patio or Porch
  • 5-minute walk to Whaley Park

About This Home

As of April 2014

A rare opportunity! This beautifully remodeled, condo feels large enough to be a house! Located in the highly desirable Los Altos neighborhood, you are steps away to an abundance of shopping, restaurants, prestigious schools, grassy parks, & public library. Nestled among shady elms in a quiet residential neighborhood, 5616 is one of four custom units located on the property. A professionally landscaped path leads to the front door & private covered patio. A spacious 2 car garage with new steel roll up garage doors & independent garage door openers. The attached garage leads to the remodeled kitchen. A gas stove/oven unit, built-in microwave, refrigerator, dishwasher, new countertops, breakfast bar, & stainless sink. Adjacent the kitchen is the dining room with sliding glass doors that step out to the covered patio. The family room has vaulted ceilings, large windows, & gas/wood burning fireplace. Ample space & atmosphere for entertaining or relaxing. Half bath & coat closet finish off the downstairs. Upstairs boasts 3 large bedrooms with lots of closet space! The master has his & hers mirrored wardrobes & open up to one of the 2 remodeled full baths. The front bedroom has a vaulted ceiling & a private balcony. New paint, flooring, & fixtures throughout.

Last Agent to Sell the Property

Stephanie Janicki

T.N.G. Real Estate Consultants License #01895904 Listed on: 03/07/2014

T.N.G. Real Estate Consultants

Last Buyer's Agent

Connie Chick

Coldwell Banker Realty License #00592022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,827

Year Built

  • Built in 1981

Lot Details

  • Property fronts an alley
  • Two or More Common Walls
  • Landscaped
  • Lawn

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 1,594 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Storage
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Formica Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 37365
  • Assessor Parcel Number 7225006022

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,827

Year Built

Built in 1981

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: All Kitchen Appliances, including Refridgerator. Also Washer & Dryer located in garage
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7225006022
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1594.00
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Formica Counters, Storage
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, In Kitchen
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 276.04
  • Room Type: All Bedrooms Up

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 200.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Long Beach Unified

Lot Info

  • Lot Features: Lawn, Landscaped, Paved
  • Lot Size Sq Ft: 1955.00
  • Lot Size Acres: 0.0450

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1955.0000 Square Feet
  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 37365

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2014
Closed on
Mar 31, 2014
Sold by
Luo Jianqiu
Bought by
Li Guotong
Seller's Agent
Stephanie Janicki
T.N.G. Real Estate Consultants
Buyer's Agent
Connie Chick
Coldwell Banker Realty
List Price
$435,000
Sold Price
$440,000
Premium/Discount to List
$5,000
1.15%
Current Estimated Value
$815,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,176
Avg. Annual Appreciation
5.54%
Original Mortgage
$240,000
Outstanding Balance
$177,063
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$637,375

Purchase Details

Listed on
Mar 7, 2014
Closed on
Mar 25, 2014
Sold by
Reid Bryan R
Bought by
Li Guotong
Seller's Agent
Stephanie Janicki
T.N.G. Real Estate Consultants
Buyer's Agent
Connie Chick
Coldwell Banker Realty
List Price
$435,000
Sold Price
$440,000
Premium/Discount to List
$5,000
1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$177,063
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$637,375

Purchase Details

Listed on
Mar 7, 2014
Closed on
Feb 21, 2014
Sold by
Reid Bryan R
Bought by
Reid Bryan R and Reid Susan M
Seller's Agent
Stephanie Janicki
T.N.G. Real Estate Consultants
Buyer's Agent
Connie Chick
Coldwell Banker Realty
List Price
$435,000
Sold Price
$440,000
Premium/Discount to List
$5,000
1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$177,063
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$637,375

Purchase Details

Closed on
Apr 19, 2011
Sold by
Rieboldt Kurt
Bought by
Rieboldt Melinda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2011
Sold by
Rieboldt Melinda K
Bought by
Reid Bryan R and Reid Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2004
Sold by
Freeman Robert
Bought by
Rieboldt Melinda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.76%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 1, 2000
Sold by
Keefe Dennis M
Bought by
Freeman Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Interest Rate
8.15%
Source: Public Records

Range of Values:

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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
Li Guotong -- Western Resources Title Co
Li Guotong $440,000 Western Resources Title Co
Reid Bryan R -- Accommodation
Rieboldt Melinda K -- Western Resources Title
Reid Bryan R $370,000 Western Resources Title
Rieboldt Melinda K $415,000 Commonwealth Land Title Co
Freeman Robert $227,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Guotong $240,000
Previous Owner Reid Bryan R $277,500
Previous Owner Rieboldt Melinda K $280,000
Previous Owner Freeman Robert $150,000
Previous Owner Freeman Robert $181,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2014 04/15/14 Sold $440,000 +1.1% $276 / Sq Ft
03/13/2014 03/13/14 Pending -- -- --
03/07/2014 03/07/14 For Sale $435,000 -- $273 / 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 $6,827 $539,368 $306,828 $232,540
2024 $6,827 $528,793 $300,812 $227,981
2023 $6,713 $518,425 $294,914 $223,511
2022 $6,297 $508,261 $289,132 $219,129
2021 $6,169 $498,296 $283,463 $214,833
2019 $6,077 $483,518 $275,056 $208,462
2018 $5,904 $474,038 $269,663 $204,375
2016 $5,421 $455,633 $259,193 $196,440
2015 $5,201 $448,790 $255,300 $193,490
2014 $4,635 $386,694 $204,739 $181,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14047876

California Regional Multiple Listing Service (CRMLS)

APN: 7225-006-022