NOT LISTED FOR SALE

Estimated Value: $463,000 - $598,000

2 Beds
2 Baths
867 Sq Ft
$400/mo HOA Fee

Last Sold March 19, 2020

Last sale price $395,000 $456 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,579/month

22 Days on Market

Highlights

  • Spa
  • Gated Community
  • Open Floorplan
  • Primary Bedroom Suite
  • 0.71 Acre Lot
  • Deck

About This Home

As of March 2020

If sleek, modern, and updated are your style, then this condo will resonate with your inner design diva. Gorgeous laminate flooring with gray tones that fit with the coastal cool style of this 2 bedroom, 2 bath condo that is just 1 mile from the beach and in the heart of downtown. Totally updated with a modern/industrial kitchen with ample white soft-close cabinetry, sleek counters, stainless steel appliances, gas range, and a breakfast bar. The 2 bathrooms are stunning with the finest updates. Both bedrooms are a good size and the master offers custom built organization system. The open layout of the kitchen, dining area and living room flows out to the balcony with storage closet. The living room has an industrial style fireplace and some other features that will wow buyers are the barn door, updated lighting, in-unit laundry, and assigned parking space in remote controlled secure gated parking area. Free-standing AC unit included (AC has potential to be added). The building features an elevator and controlled access. HOA includes community room, spa area, water and trash. Location location! Easy access to freeways, downtown, waterfront, shopping, nightlife, restaurants, beach path, Pine Street, civic center, courthouse and more. Just a mile from the beach! Enjoy all of the entertainment and culture that Long Beach has to offer. Walk score is 89, bike score is 90! Plenty of street parking. Community is FHA approved! Hot find for a 2/2 with stunning upgrades!

Last Agent to Sell the Property

Holly McDonald

Compass Newport Beach License #01892567 Listed on: 01/27/2020

Compass Newport Beach

Last Buyer's Agent

Danielle Fehmel

Keller Williams Pacific Estate License #01994456

Keller Williams Pacific Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • 0.71

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available
  • Parking Lot
  • Controlled Entrance

Home Design

  • Turnkey

Interior Spaces

  • 867 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Sliding Doors
  • Panel Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room Balcony
  • Combination Dining and Living Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Self-Closing Drawers and Cabinet Doors

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Outdoor Features

  • Spa
  • Deck
  • Patio

Additional Features

  • Two or More Common Walls
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 44060
  • Assessor Parcel Number 7272023036

Community Details

Overview

  • 55 Units
  • Chestnut Villas Association, Phone Number (310) 444-7444
  • Allstate Mgmt HOA
  • Maintained Community

Recreation

  • Community Pool
  • Community Spa

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1986 | Remodeled

Lot Details

0

HOA Fees

$400 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Chestnut Villas
  • View: Yes
  • Zoning: LBPD10
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7272023036
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 867.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Living Room Balcony, Open Floorplan, Recessed Lighting
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Panel Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 455.59
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Master Suite
  • Spa Features: Association
  • Room Kitchen Features: Kitchen Open To Family Room, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Deck
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Controlled Entrance, Parking Space, Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub, Maintenance Grounds, Trash, Water, Controlled Access
  • Association Fee: 400.00
  • Association Fee Frequency: Monthly
  • Association Name: Chestnut Villas
  • Phone: 3104447444
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Allstate Mgmt

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 30775.00
  • Lot Size Acres: 0.7065

Multi Family

  • Lease Considered: No
  • Lot Size Area: 30775.0000 Square Feet
  • Number Of Units In Community: 55
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5759.02
  • Tax Lot: 1
  • Tax Tract Number: 44060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2020
Closed on
Feb 21, 2020
Sold by
Longanbach Steven M and Longanbach Monica M
Bought by
Sharp Sarah
Seller's Agent
Holly McDonald
Compass Newport Beach
Buyer's Agent
Danielle Fehmel
Keller Williams Pacific Estate
List Price
$399,900
Sold Price
$395,000
Premium/Discount to List
-$4,900
-1.23%
Current Estimated Value
$520,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,381
Avg. Annual Appreciation
4.87%
Original Mortgage
$355,500
Outstanding Balance
$313,559
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$206,822

Purchase Details

Listed on
May 19, 2017
Closed on
Jun 1, 2017
Sold by
Dalton Kevin R
Bought by
Longanbach Steven M and Longanbach Monica M
Seller's Agent
Suzie herrera
CENTURY 21 REALTY MASTERS
Buyer's Agent
Holly McDonald
Compass Newport Beach
List Price
$340,000
Sold Price
$335,000
Premium/Discount to List
-$5,000
-1.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$268,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2008
Sold by
Barton Milagros Z
Bought by
Dalton Kevin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,369
Interest Rate
5.99%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 2004
Sold by
Barton Milagros Z
Bought by
Barton Milagros Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2002
Sold by
Barton John H
Bought by
Barton Milagros Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
5.89%

Purchase Details

Closed on
Jun 21, 1994
Sold by
Hudson Charles Craig and Hudson Mary
Bought by
Barton John H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,850
Interest Rate
8.61%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Sharp Sarah $395,000 Fidelity National Title
Longanbach Steven M $335,000 Wfg National Title Co Of Ca
Dalton Kevin R $235,000 Southland Title
Barton Milagros Z -- --
Barton Milagros Z -- Fidelity National Title Co
Barton John H $63,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharp Sarah $355,500
Previous Owner Longanbach Steven M $268,000
Previous Owner Dalton Kevin R $231,369
Previous Owner Barton Milagros Z $232,000
Previous Owner Barton Milagros Z $106,000
Previous Owner Barton John H $59,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2020 03/19/20 Sold $395,000 -1.2% $456 / Sq Ft
02/18/2020 02/18/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $399,900 +1.2% $461 / Sq Ft
02/12/2020 02/12/20 Off Market $395,000 -- --
01/27/2020 01/27/20 For Sale $399,900 0.0% $461 / Sq Ft
01/30/2018 01/30/18 Rented $1,895 0.0% --
01/13/2018 01/13/18 Price Changed $1,895 -5.0% $2 / Sq Ft
12/21/2017 12/21/17 Price Changed $1,995 -9.1% $2 / Sq Ft
12/06/2017 12/06/17 Price Changed $2,195 -0.2% $3 / Sq Ft
11/20/2017 11/20/17 For Rent $2,200 0.0% --
07/07/2017 07/07/17 Sold $335,000 -1.5% $386 / Sq Ft View Prior Sale
06/01/2017 06/01/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $340,000 -- $392 / 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 $5,493 $431,984 $278,439 $153,545
2024 $5,493 $423,515 $272,980 $150,535
2023 $5,400 $415,212 $267,628 $147,584
2022 $5,066 $407,072 $262,381 $144,691
2021 $4,966 $399,091 $257,237 $141,854
2020 $4,395 $348,533 $214,218 $134,315
2019 $4,343 $341,700 $210,018 $131,682
2018 $4,243 $335,000 $205,900 $129,100
2016 $3,014 $252,000 $142,000 $110,000
2015 $2,564 $219,000 $123,000 $96,000
2014 $2,279 $191,000 $107,000 $84,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20018299

California Regional Multiple Listing Service (CRMLS)

APN: 7272-023-036