NOT LISTED FOR SALE

Estimated Value: $281,958 - $308,000

-- Bed
1 Bath
406 Sq Ft
$159/mo HOA Fee

Last Sold March 19, 2024

Last sale price $290,000 $714 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,846/month

14 Days on Market

Highlights

  • City Lights View
  • Property is near public transit
  • Laundry Room
  • 0.35 Acre Lot
  • Eat-In Kitchen

About This Home

As of March 2024

Second-floor studio unit with plenty of space to move around and storage. Conveniently located near city services, shopping, and dinning.

Last Agent to Sell the Property

Gloria Jaramillo

Blair Commercial Management License #01270344 Listed on: 02/01/2024

Last Buyer's Agent

Tina Broker

Coldwell Banker Realty License #01980854

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,127

Year Built

  • Built in 1956

Lot Details

  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

HOA Fees

  • $159 Monthly HOA Fees

Interior Spaces

  • 1 Full Bathroom
  • 406 Sq Ft Home
  • 2-Story Property
  • City Lights Views
  • Eat-In Kitchen
  • Laundry Room

Location

  • Property is near public transit

Listing and Financial Details

  • Tax Block 34
  • Assessor Parcel Number 7272020036
  • $194 per year additional tax assessments

Community Details

Overview

  • 29 Units
  • Cedar Gardens Condominiums, Inc. Association, Phone Number (562) 742-0007
  • Pacific Coast Management HOA
  • Downtown Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,127

Year Built

Built in 1956

Lot Details

0

HOA Fees

$159 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: LBPD10
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7272020036
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 406.00 Square Feet
  • Stories: 2
  • Entry Location: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Eating Area: Area
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 714.29
  • Room Type: Kitchen

Exterior Features

  • View: City Lights
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Pet Rules
  • Association Fee: 159.12
  • Association Fee Frequency: Monthly
  • Association Name: Cedar Gardens Condominiums, Inc.
  • Phone: 562-742-0007
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks
  • Association Management: Pacific Coast Management

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Near Public Transit
  • Lot Size Sq Ft: 15036.00
  • Lot Size Acres: 0.3452

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15036.0000 Square Feet
  • Number Of Units In Community: 29
  • Number Of Units Total: 29

Tax Info

  • Tax Block: 34
  • Tax Census Tract: 5758.03
  • Tax Lot: 00
  • Tax Tract Number: 00
  • TaxOtherAnnualAssessmentAmount: 194.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Feb 29, 2024
Sold by
Long Run Investments Llc
Bought by
Gilbert Margaret Armstrong
Seller's Agent
Gloria Jaramillo
Blair Commercial Management
Buyer's Agent
Tina Broker
Coldwell Banker Realty
List Price
$295,000
Sold Price
$290,000
Premium/Discount to List
-$5,000
-1.69%
Views
26
Current Estimated Value
$292,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,490
Avg. Annual Appreciation
0.60%
Original Mortgage
$275,500
Outstanding Balance
$271,184
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$21,306

Purchase Details

Closed on
Feb 28, 2022
Sold by
Long Run Investments Llc
Bought by
Long Run Investments Llc

Purchase Details

Closed on
Nov 5, 2010
Sold by
Chen Jie
Bought by
Long Run Investments Llc

Purchase Details

Closed on
Jun 15, 2010
Sold by
Labow Frumeh and Estate Of Lillian E Daniels
Bought by
Chen Jie
Source: Public Records

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
Gilbert Margaret Armstrong $290,000 Corinthian Title Company
Long Run Investments Llc -- --
Long Run Investments Llc -- None Available
Chen Jie $59,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilbert Margaret Armstrong $275,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2024 03/19/24 Sold $290,000 -1.7% $714 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $295,000 -- $727 / 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 $1,127 $295,800 $117,300 $178,500
2024 $1,127 $74,093 $42,697 $31,396
2023 $1,105 $72,641 $41,860 $30,781
2022 $1,041 $71,218 $41,040 $30,178
2021 $1,016 $69,823 $40,236 $29,587
2019 $1,001 $67,754 $39,044 $28,710
2018 $974 $66,427 $38,279 $28,148
2016 $899 $63,850 $36,794 $27,056
2015 $866 $62,892 $36,242 $26,650
2014 $867 $61,661 $35,533 $26,128
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24023536

California Regional Multiple Listing Service (CRMLS)

APN: 7272-020-036