NOT LISTED FOR SALE

Estimated Value: $824,695 - $986,000

2 Beds
2 Baths
1,443 Sq Ft
$1,028/mo HOA Fee

Last Sold September 27, 2017

Last sale price $660,000 $457 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $6,270/month

133 Days on Market

Highlights

  • City Lights View
  • 51,673 Sq Ft lot
  • Wood Flooring
  • Long Beach Polytechnic High School Rated A
  • Property is near a park
  • Granite Countertops

About This Home

As of September 2017

The epitome of California living! This gorgeous condo is located in one of Long Beach’s most iconic buildings, the exquisite French-Gothic Villa Riviera. Located on the 14th floor this 2 bedroom, 2 bathroom unit offers stunning views of the surrounding city. The unit itself is well appointed and boasts hardwood floors, lovely ceramic tile, ample storage with oversized closets and a newly updated kitchen with stone counters, instant hot water and dual fuel range. Residents of the Villa Riviera enjoy a gorgeous sundeck overlooking the Pacific Ocean, onsite laundry, building security and access to a stunning ballroom with full kitchen. As if that’s not enough your HOA fees cover ALL utilities including gas, electric, water, trash, cable and internet. Being in the heart of the city means being walking distance to the bike path, Long Beach Performing Arts, The Aquarium of the Pacific, Outlets at The Pike, East Village Arts District, Pine Avenue and so much more!

Last Agent to Sell the Property

Eileen Rivera

GE Dean and Associates License #01208517 Listed on: 04/12/2017

Last Buyer's Agent

Jason Patterson

RE/MAX College Park Realty License #01291409

RE/MAX College Park Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,565

Year Built

  • Built in 1928

Lot Details

  • 1 Common Wall

HOA Fees

  • $1,028 Monthly HOA Fees

Property Views

  • City Lights
  • Neighborhood

Interior Spaces

  • 1,443 Sq Ft Home
  • Entrance Foyer
  • Laundry Room

Kitchen

  • Eat-In Galley Kitchen
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Central Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 7265004145

Community Details

Overview

  • Prescott Association, Phone Number (562) 437-6703
  • Maintained Community
  • 16-Story Property

Amenities

  • Outdoor Cooking Area
  • Banquet Facilities
  • Laundry Facilities

Recreation

  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,565

Year Built

Built in 1928

Lot Details

0

HOA Fees

$1,028 per month

Listing Details

  • Assessments: Yes
  • Other Phone Description: 562-965-6339
  • Other Phone Number: 562-965-6339
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Heights (AH)
  • View: Yes
  • Zoning: LBPD5
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265004145
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1443.00 Square Feet
  • Stories: 16
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 457.38
  • Room Type: Foyer, Galley Kitchen, Walk-In Closet
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: City Lights, Neighborhood
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Outdoor Cooking Area, Biking Trails, Banquet Facilities, Electricity, Gas, Maintenance Grounds, Trash, Utilities, Sewer, Water, Dues Paid Monthly, Hot Water
  • Association Fee: 1027.90
  • Association Fee Frequency: Monthly
  • Association Name: Prescott
  • Phone: 562-437-6703
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 51673.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5766.01
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2017
Closed on
Aug 29, 2017
Sold by
Gastelum Douglas W
Bought by
Brown Chasom
Seller's Agent
Eileen Rivera
GE Dean and Associates
Buyer's Agent
Jason Patterson
RE/MAX College Park Realty
List Price
$725,000
Sold Price
$660,000
Premium/Discount to List
-$65,000
-8.97%
Current Estimated Value
$903,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,226
Avg. Annual Appreciation
4.24%
Original Mortgage
$585,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2001
Sold by
Rose David and Arthur P Rose Revocable Trust
Bought by
Gastelum Douglas W

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
7.19%

Purchase Details

Closed on
Mar 31, 2000
Sold by
Rose David K and Arthur P Rose Revocable Trust
Bought by
Rose David K and Rose Family Trust
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
Brown Chasom $660,000 Chicago Title Company
Gastelum Douglas W $290,000 Gateway Title
Rose David K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Chasom $172,500
Closed Brown Chasom $172,500
Open Brown Chasom $539,000
Closed Brown Chasom $53,650
Closed Brown Chasom $585,000
Previous Owner Gastelum Douglas W $413,000
Previous Owner Gastelum Douglas W $322,700
Previous Owner Gastelum Douglas W $60,000
Previous Owner Gastelum Douglas W $232,000
Closed Gastelum Douglas W $29,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2017 09/27/17 Sold $660,000 -5.6% $457 / Sq Ft
08/24/2017 08/24/17 Pending -- -- --
08/17/2017 08/17/17 Price Changed $699,000 -3.6% $484 / Sq Ft
07/12/2017 07/12/17 For Sale $725,000 +9.8% $502 / Sq Ft
04/22/2017 04/22/17 Off Market $660,000 -- --
04/21/2017 04/21/17 For Sale $725,000 +9.8% $502 / Sq Ft
04/20/2017 04/20/17 Off Market $660,000 -- --
04/12/2017 04/12/17 For Sale $725,000 +9.8% $502 / Sq Ft
04/12/2017 04/12/17 Off Market $660,000 -- --
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 $3,565 $256,000 $174,080 $81,920
2024 $3,565 $261,000 $200,000 $61,000
2023 $3,364 $245,000 $180,000 $65,000
2022 $3,135 $238,000 $150,000 $88,000
2021 $3,119 $238,000 $150,000 $88,000
2019 $2,556 $188,100 $100,000 $88,100
2018 $2,656 $197,600 $100,000 $97,600
2016 $2,322 $186,800 $100,000 $86,800
2015 $2,263 $186,800 $100,000 $86,800
2014 $2,154 $169,600 $100,000 $69,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS17077945

California Regional Multiple Listing Service (CRMLS)

APN: 7265-004-145