$462,500
SOLD JAN 31, 2020
2 Beds
2 Baths
1,352 Sq Ft
$265/mo HOA Fee

Recently Sold

$342 Per Sq Ft

5% Below List Price

130 Days on Market

Highlights

  • 0.74 Acre Lot
  • Loft
  • Living Room
  • Park or Greenbelt View
  • Bathtub
  • 1-minute walk to Cesar E Chavez Park

About This Home

As of January 2020

Location! Location! Location! Downtown Long Beach location!

Last Agent to Sell the Property

David Lin

Universal Elite Inc. License #01979330 Listed on: 08/25/2019

Universal Elite Inc.

Last Buyer's Agent

Jennifer Perekrest

First Team Real Estate License #01341182

First Team Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,418

Year Built

  • Built in 1987

HOA Fees

  • $265 Monthly HOA Fees

Interior Spaces

  • 1,352 Sq Ft Home
  • Living Room
  • Loft
  • Park or Greenbelt Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 40688
  • Assessor Parcel Number 7278023197

Community Details

Overview

  • 78 Units
  • Golden Gate Square HOA, Phone Number (562) 432-7776
  • Golden Gate Square HOA

Amenities

  • Recreation Room

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,418

Year Built

Built in 1987

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: LBPD14
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7278023197
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1352.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 342.09
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Loft
  • Bathroom Features: Bathtub

Exterior Features

  • View: Park/Greenbelt
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside, Stackable, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Recreation Room
  • Association Fee: 265.00
  • Association Fee Frequency: Monthly
  • Association Name: Golden Gate Square HOA
  • Phone: (562) 432-7776
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights
  • Association Management: Golden Gate Square

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 32280.00
  • Lot Size Acres: 0.7410

Multi Family

  • Lease Considered: No
  • Lot Size Area: 32280.0000 Square Feet
  • Number Of Units In Community: 78
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5759.01
  • Tax Lot: 1
  • Tax Tract Number: 40688

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2019
Closed on
Jan 3, 2020
Sold by
Gu Zitian
Bought by
Corea Maureen Shanthi and Corea Ravindra D M
Seller's Agent
David Lin
Universal Elite Inc.
Buyer's Agent
Jennifer Perekrest
First Team Real Estate
List Price
$488,800
Sold Price
$462,500
Premium/Discount to List
-$26,300
-5.38%
Current Estimated Value
$637,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,073
Avg. Annual Appreciation
5.73%

Purchase Details

Listed on
Jul 1, 2017
Closed on
Sep 27, 2017
Sold by
Cham Welby and Sugita Trisha Emiko
Bought by
Gu Zitian
Seller's Agent
Teng Chambeng
Teng Chambeng, Broker
Buyer's Agent
David Lin
Universal Elite Inc.
List Price
$409,900
Sold Price
$400,000
Premium/Discount to List
-$9,900
-2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%

Purchase Details

Listed on
Apr 10, 2012
Closed on
May 30, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Cham Welby
Seller's Agent
Rob Buchan
Robert Buchan
Buyer's Agent
Teng Chambeng
Teng Chambeng, Broker
List Price
$199,000
Sold Price
$181,000
Premium/Discount to List
-$18,000
-9.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.07%

Purchase Details

Closed on
Jul 13, 2011
Sold by
Pnc Mortgage
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jun 30, 2011
Sold by
Comeau Misth
Bought by
Pnc Mortgage

Purchase Details

Closed on
Nov 18, 2003
Sold by
Stvaughn Todd S
Bought by
Comeau Mistii

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,700
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2000
Sold by
Sidney Bruce and Johansen Marsha
Bought by
Stvaughn Todd S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,400
Interest Rate
7.66%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 27, 1995
Sold by
Sidney Wilbur A
Bought by
Sidney Wilbur A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,350
Interest Rate
8.6%
Mortgage Type
Assumption
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 Type Sale Price Title Company
Grant Deed $462,500 First American Title
Grant Deed $400,000 Lawyers Title
Grant Deed $181,000 Ticor Title
Grant Deed -- Accommodation
Trustee Deed $322,675 Accommodation
Grant Deed $233,000 Fidelity Long Beach
Grant Deed $120,000 North American Title Co
Interfamily Deed Transfer -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $184,700 Purchase Money Mortgage
Previous Owner $116,400 FHA
Previous Owner $97,350 Assumption
Closed $25,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2020 01/31/20 Sold $462,500 -5.4% $342 / Sq Ft
12/31/2019 12/31/19 For Sale $488,800 +5.7% $362 / Sq Ft
10/16/2019 10/16/19 Off Market $462,500 -- --
09/23/2019 09/23/19 Price Changed $488,800 +0.2% $362 / Sq Ft
08/25/2019 08/25/19 For Sale $488,000 0.0% $361 / Sq Ft
05/15/2019 05/15/19 Rented $2,300 -4.2% --
05/01/2019 05/01/19 Off Market $2,400 -- --
04/22/2019 04/22/19 Price Changed $2,400 0.0% $2 / Sq Ft
04/22/2019 04/22/19 For Rent $2,400 -4.0% --
03/15/2019 03/15/19 Off Market $2,500 -- --
12/02/2018 12/02/18 Price Changed $2,500 -3.8% $2 / Sq Ft
10/30/2018 10/30/18 Price Changed $2,600 -7.1% $2 / Sq Ft
09/28/2018 09/28/18 Price Changed $2,800 -6.7% $2 / Sq Ft
09/04/2018 09/04/18 For Rent $3,000 0.0% --
09/28/2017 09/28/17 Sold $400,000 -2.4% $296 / Sq Ft View Prior Sale
08/25/2017 08/25/17 Pending -- -- --
08/16/2017 08/16/17 For Sale $409,900 +2.5% $303 / Sq Ft
07/05/2017 07/05/17 Off Market $400,000 -- --
07/05/2017 07/05/17 Pending -- -- --
07/01/2017 07/01/17 For Sale $399,000 +120.4% $295 / Sq Ft
06/05/2012 06/05/12 Sold $181,000 -9.0% $134 / Sq Ft View Prior Sale
04/26/2012 04/26/12 Pending -- -- --
04/10/2012 04/10/12 For Sale $199,000 -- $147 / 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 $6,418 $505,806 $298,563 $207,243
2024 $6,418 $495,889 $292,709 $203,180
2023 $6,311 $486,167 $286,970 $199,197
2022 $5,921 $476,636 $281,344 $195,292
2021 $5,802 $467,291 $275,828 $191,463
2020 $5,230 $416,159 $225,454 $190,705
2019 $5,169 $408,000 $221,034 $186,966
2018 $5,054 $400,000 $216,700 $183,300
2016 $2,340 $192,045 $122,018 $70,027
2015 $2,248 $189,162 $120,186 $68,976
2014 $2,235 $185,457 $117,832 $67,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR19203329

California Regional Multiple Listing Service (CRMLS)

APN: 7278-023-197