NOT LISTED FOR SALE

735 Cedar Ave Unit 5 Long Beach, CA 90813

Willmore Neighborhood

Estimated Value: $259,000 - $316,000

1 Bed
1 Bath
603 Sq Ft
$136/mo HOA Fee

Last Sold August 24, 2016

Last sale price $155,000 $257 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,860/month

69 Days on Market

Highlights

  • Marina
  • Gated Community
  • Property is near a preserve or public land
  • Fishing
  • Living Room

About This Home

As of August 2016

WOW! Walk to the Pelican Pier!!! Great one bedroom one bath condominium within the Historic Wilmore District, Less than 1 mile from Downtown Long Beach Entertainment District, , the Pike, Shoreline Village, Yard House, Pelican Pier, and all the downtown bars/restaurants. This kitchen area, dining area, living room with large window. Security gate to a beautiful landscaped courtyard. Low HOA's $136.00 community laundry room on site. This condo is a must see! Take advantage of this Great location before its gone! Priced to SELL!

Last Agent to Sell the Property

Kevin Messiha

Keller Williams SELA License #01883819 Listed on: 06/21/2016

Keller Williams SELA

Last Buyer's Agent

Bob Simpson

PREMIER PROPERTIES License #01409462

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1957

Lot Details

  • 0.35

HOA Fees

  • $136 Monthly HOA Fees

Parking

  • On-Street Parking

Interior Spaces

  • 603 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 35
  • Assessor Parcel Number 7272019028

Community Details

Overview

  • 27 Units
  • La Serena Association, Phone Number (562) 597-5007
  • Property is near a preserve or public land

Recreation

  • Marina
  • Fishing

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1957

Lot Details

0

HOA Fees

$136 per month

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Gated Community
  • Subdivision Name Other: Willmore District (WM)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7272019028
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 603.00
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Price Per Square Foot: 257.05
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Sewer: Unknown

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 136.00
  • Association Fee Frequency: Monthly
  • Association Name: La serena
  • Phone: 562-597-5007
  • Senior Community: No
  • Community Features: Preserve/Public Land, Sidewalks, Street Lights

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: Yes
  • Number Of Units In Community: 27
  • Number Of Units Total: 27
  • Waterfront Features: Fishing in Community, Marina in Community

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2016
Closed on
Jul 22, 2016
Sold by
Nalbone Carl
Bought by
Acevedo Fidencio
Seller's Agent
Kevin Messiha
Keller Williams SELA
Buyer's Agent
Bob Simpson
PREMIER PROPERTIES
List Price
$159,000
Sold Price
$155,000
Premium/Discount to List
-$4,000
-2.52%
Current Estimated Value
$289,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,567
Avg. Annual Appreciation
6.90%
Original Mortgage
$152,000
Outstanding Balance
$120,712
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$168,855

Purchase Details

Closed on
Nov 7, 2013
Sold by
Patterson Michael
Bought by
Nalbone Carl

Purchase Details

Closed on
Oct 5, 2006
Sold by
Hanley Joseph
Bought by
Markovich John J and Daniels Lillian E

Purchase Details

Closed on
Apr 5, 2006
Sold by
Markovich John J
Bought by
Markovich John J and Daniels Lillian E

Purchase Details

Closed on
Jun 5, 2000
Sold by
Grillo Ada Mary
Bought by
Patterson Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
8.67%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Acevedo Fidencio $160,000 Ortc
Nalbone Carl -- None Available
Markovich John J -- None Available
Markovich John J -- Chicago Title
Patterson Michael $40,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acevedo Fidencio $152,000
Previous Owner Patterson Michael $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2016 08/24/16 Sold $155,000 -2.5% $257 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
06/21/2016 06/21/16 For Sale $159,000 0.0% $264 / Sq Ft
05/17/2016 05/17/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $159,000 -- $264 / 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 $2,481 $185,688 $116,056 $69,632
2024 $2,481 $182,048 $113,781 $68,267
2023 $2,437 $178,479 $111,550 $66,929
2022 $2,290 $174,980 $109,363 $65,617
2021 $2,241 $171,550 $107,219 $64,331
2019 $2,209 $166,464 $104,040 $62,424
2018 $2,154 $163,200 $102,000 $61,200
2016 $1,583 $122,191 $51,776 $70,415
2015 $1,522 $120,357 $50,999 $69,358
2014 $1,517 $118,000 $50,000 $68,000
Source: Public Records

Agents Affiliated with this Home

  • Kevin Messiha

    Seller's Agent in 2016

    Kevin Messiha

    Keller Williams SELA

    (562) 250-3238

    145 Total Sales

    Kevin Messiha
    Section Image

  • B

    Buyer's Agent in 2016

    Bob Simpson

    PREMIER PROPERTIES

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16099204

California Regional Multiple Listing Service (CRMLS)

APN: 7272-019-028

California Los Angeles County Long Beach 90813 Willmore

735 Cedar Ave Unit 5, Long Beach, CA

Not Listed for Sale

Condos

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