NOT LISTED FOR SALE

Estimated Value: $499,973 - $534,000

2 Beds
2 Baths
957 Sq Ft
0.74 Acres

Last Sold August 18, 2015

Last sale price $281,000 $294 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,238/month

17 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Cape Cod Architecture
  • Gated Parking
  • 32,324 Sq Ft lot
  • 3-minute walk to Cesar E Chavez Park

About This Home

As of August 2015

Wonderful Opportunity to Own for Less than Rent. 2BD/2BA condo in the desirable downtown area, just blocks from Ocean Blvd with low HOA's. This clean 3rd floor unit in a secured building is perfect for 1st Time Buyers, Students, Retirees or as an Investment Property with dual master bedrooms, balcony access, newly installed ceiling fans, ample closet space and stacked washer & gas dryer. In addition, the kitchen comes with all Kenmore appliances including a brand new double door refrigerator and over the stove microwave, 2 side by side parking spaces in the gated subterranean garage with 4 additional storage spaces, guest parking and a recreation room with gym. Complex is conveniently located near the 710 Frwy, the beach and walking distance to shops, restaurants, the neighborhood park and recreation center.

Last Listed By

DIANA COOPER

Pacific Playa Realty License #01482706 Listed on: 06/28/2015

Pacific Playa Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,286

Year Built

  • Built in 1984

Lot Details

  • 0.74

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 957 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Recreation Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Side by Side Parking
  • Gated Parking
  • Guest Parking
  • Controlled Entrance

Additional Features

  • Balcony
  • Gated Home
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 7278-023-093

Community Details

Overview

  • Association fees include building and grounds, trash, water
  • 78 Units

Amenities

  • Clubhouse
  • Elevator
  • Community Mailbox
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,286

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Cape Cod
  • Street Number Display: Yes
  • Complex Name: Oceangate Square Condominiums
  • Entry Floor: 3
  • Living Area: 957
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 4
  • Unit Floor In Building: 3
  • Year Built: 1984
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet, In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Stackable W/D Hookup, Washer
  • Fireplace: No
  • Price Per S Q F T: 292.58

Exterior Features

  • Balcony: Yes
  • Other Features: Balcony
  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Controlled Entrance, Covered Parking, Gated Underground, Parking for Guests - Onsite, Side By Side, Subterranean
  • Total Parking: 2

Utilities

  • Cooling: Ceiling Fan
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Fire Sprinklers, Gated, Smoke Detector

Association/Amenities

  • Community Features: Community Mailbox
  • Amenities: Assoc Maintains Landscape, Clubhouse, Controlled Access, Elevator, Exercise Room, Extra Storage, Gated Community, Gated Parking, Guest Parking
  • Pet Rules: Call

Condo/Co-op/Association

  • Association Fees Include: Building and Grounds, Trash, Water
  • HOA Fees: 250.00

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 7278-023-093
  • Geocode Override: No
  • Lot Location: Park Nearby
  • Lot Size Area: 32324

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2015
Closed on
Jul 27, 2015
Sold by
Edge Mary
Bought by
Johnson Christopher James and Johnson Claudia Marisela
Seller's Agent
DIANA COOPER
Pacific Playa Realty
Buyer's Agent
Ursula Mix
List Price
$280,000
Sold Price
$281,000
Premium/Discount to List
$1,000
0.36%
Total Days on Market
17
Current Estimated Value
$514,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,743
Avg. Annual Appreciation
6.61%
Original Mortgage
$224,800
Outstanding Balance
$180,727
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$344,940

Purchase Details

Closed on
Jun 13, 1994
Sold by
Ge Capital Asset Management Corp
Bought by
Edge Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,050
Interest Rate
8.25%

Purchase Details

Closed on
Apr 19, 1994
Sold by
Bank Of America National Tr & Svgs Assn
Bought by
Ge Capital Asset Management Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,050
Interest Rate
8.25%

Purchase Details

Closed on
Dec 22, 1993
Sold by
Cal Western Reconveyance Corp
Bought by
Bank Of America Nt & Sa and Security Pacific National Bank

Range of Values:

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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
Johnson Christopher James $281,000 Fidelity National Title Co
Edge Mary $48,500 Old Republic Title
Ge Capital Asset Management Corp -- Old Republic Title
Bank Of America Nt & Sa $55,000 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Christopher James $224,800
Previous Owner Edge Mary $14,200
Previous Owner Edge Mary $136,000
Previous Owner Edge Mary $133,000
Previous Owner Edge Mary $106,327
Previous Owner Edge Mary $75,029
Previous Owner Edge Mary $53,000
Previous Owner Edge Mary $46,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2015 08/18/15 Sold $281,000 +0.4% $294 / Sq Ft
07/15/2015 07/15/15 Pending -- -- --
06/28/2015 06/28/15 For Sale $280,000 -- $293 / Sq Ft
Source: The MLS

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 $4,286 $326,119 $159,694 $166,425
2023 $4,213 $319,725 $156,563 $163,162
2022 $3,954 $313,457 $153,494 $159,963
2021 $3,873 $307,312 $150,485 $156,827
2019 $3,818 $298,198 $146,022 $152,176
2018 $3,732 $292,352 $143,159 $149,193
2016 $3,433 $281,000 $137,600 $143,400
2015 $865 $67,761 $20,954 $46,807
2014 $864 $66,435 $20,544 $45,891
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-918647

The MLS

APN: 7278-023-093