NOT LISTED FOR SALE

Estimated Value: $525,655

1 Bed
1.5 Baths
857 Sq Ft
0.7 Acre Lot

Sale Details

Date Sold: August 1, 2017

Last sale price $410,000 $478 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,518 / mo

Highlights

  • Fitness Center
  • City Lights View
  • 0.7 Acre Lot
  • Long Beach Polytechnic High School Rated A
  • Updated Kitchen
  • 5-minute walk to Gumbiner Park

About This Home

As of February 2023

Enjoy this stunning remodeled downtown loft in the heart of the East Village District at Lofts on 4th. This home is offered fully furnished. The main level is a spacious great room with views toward Palo Verde and a private balcony secluded from the street level. It also offers a Chef's kitchen, pantry, and half bath. The full sized interior laundry is positioned under the staircase behind cabinet doors. Large skylights and a wall of glass toward the balcony provide natural light throughout this unique home. The upper level consists of a generous sized bedroom and a walk-in shower and large soaking tub. The walk-in closet provides ample space for clothes and storage. This condominium property provides secure gated parking and a rooftop entertainment area with community barbecues and seating for relaxing and enjoying the view to Ocean Boulevard and the Bay of Long Beach. One parking space in the residential garage is provided. This urban designed building is perfect for downtown living, entertainment and shopping. the WalkScore is 98!

Last Agent to Rent the Property

Karin McGinley

HomeSmart Realty Group License #01752689 Listed on: 12/04/2022

HomeSmart Realty Group

Co-Listed By

Neil Schneider

HomeSmart Realty Group License #01911418

Last Renter's Agent

Karin McGinley

HomeSmart Realty Group License #01752689 Listed on: 12/04/2022

HomeSmart Realty Group

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2004

Lot Details

  • 0.7

Parking

  • Subterranean Parking
  • Parking Available
  • Automatic Gate

Home Design

  • Modern Architecture
  • Turnkey
  • Common Roof

Interior Spaces

  • 857 Sq Ft Home
  • Furnished
  • Recessed Lighting
  • French Doors
  • Family Room Off Kitchen
  • Stone Flooring
  • City Lights Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Gas Range
  • Microwave
  • Stone Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Dressing Area
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Accessible Parking
  • Living Room Balcony
  • 1 Common Wall
  • Urban Location

Listing and Financial Details

  • Security Deposit $2,900
  • Rent includes association dues, gardener, maid service, sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 1/1/23
  • Tax Lot 1
  • Tax Tract Number 53629
  • Assessor Parcel Number 7281012057

Community Details

Overview

  • Property has a Home Owners Association
  • 33 Units
  • Lofts On 4Th Association
  • Downtown Subdivision

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Fitness Center

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Year Built

Built in 2004

Lot Details

0.7 Acres

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-01-01
  • Credit Check Paid By: Tenant
  • Deposit Security: 2900
  • Furnished: Furnished
  • Pets Allowed: Call
  • Total Move In Costs: 5800.00
  • Transfer Fee Paid By: Owner

Listing Details

  • Standard Status: Closed
  • Structure Type: Multi Family
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: LBCCO/
  • Architectural Style: Modern
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7281012057
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 857.00 Square Feet
  • Interior Amenities: Balcony, Furnished, Living Room Balcony, Recessed Lighting, Stone Counters
  • Common Walls: 1 Common Wall
  • Flooring: Stone
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: French Doors
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 3.38
  • Room Type: All Bedrooms Up, Dressing Area, Kitchen, Laundry, Master Bathroom, Master Bedroom, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • View: City Lights
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Gym/Ex Room
  • Association Name: Lofts on 4th
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 30538.00
  • Lot Size Acres: 0.7011

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 30538.0000 Square Feet
  • Management Co: Paragon Equities
  • Management Co Phone: 562-494-4455
  • Number Of Units In Community: 33
  • Number Of Units Total: 33
  • Rent Includes: Association Dues, Gardener, Maid Service, Sewer, Trash Collection, Water

Tax Info

  • Tax Census Tract: 5762.00
  • Tax Lot: 1
  • Tax Tract Number: 53629

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2018
Sold by
Smith Thomas J
Bought by
Current Estimated Value
$525,655

Purchase Details

Listed on
Jun 24, 2017
Closed on
Jul 25, 2017
Sold by
Tao Terry Tetze and Tao Mary Rei Chi
Bought by
Smith Thomas J
Seller's Agent
Lorena Leung
COLDWELL BANKER DYNASTY/TC
Buyer's Agent
Lane Stone
Seven Gables Real Estate
List Price
$399,000
Sold Price
$410,000
Premium/Discount to List
$11,000
2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.75%
Original Mortgage
$307,500
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2013
Sold by
Futterer David
Bought by
Tao Terry Tetze and Tao Mary Rei Chi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2013
Sold by
Heads Catherine C
Bought by
Futterer David

Purchase Details

Closed on
Aug 18, 2005
Sold by
Heads Catherine C and Catherine C Heads Trust
Bought by
Heads Catherine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
1.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2004
Sold by
Heads Catherine C
Bought by
Heads Catherine C and The Catherine C Heads Trust

Purchase Details

Closed on
Apr 6, 2004
Sold by
Team Lofts Llc
Bought by
Heads Catherine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,600
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in East Village, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Smith Thomas J $410,000 Ticor Title Company
Tao Terry Tetze $295,000 Ticor Title Company
Futterer David $191,000 None Available
Heads Catherine C -- North American Title Co
Heads Catherine C -- North American Title Co
Heads Catherine C -- --
Heads Catherine C $313,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $295,000
Closed Smith Thomas J $307,500
Previous Owner Tao Terry Tetze $29,500
Previous Owner Tao Terry Tetze $236,000
Previous Owner Daniel Michiel R $215,000
Previous Owner Heads Catherine C $50,000
Previous Owner Heads Catherine C $360,000
Previous Owner Heads Catherine C $249,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2023 02/25/23 Rented $2,900 0.0% --
02/08/2023 02/08/23 Under Contract -- -- --
12/04/2022 12/04/22 For Rent $2,900 0.0% --
11/18/2021 11/18/21 Rented $2,900 0.0% --
11/13/2021 11/13/21 Under Contract -- -- --
11/01/2021 11/01/21 For Rent $2,900 0.0% --
08/01/2017 08/01/17 Sold $410,000 +2.8% $478 / Sq Ft View Prior Sale
07/04/2017 07/04/17 For Sale $399,000 -2.7% $466 / Sq Ft
07/01/2017 07/01/17 Off Market $410,000 -- --
06/24/2017 06/24/17 For Sale $399,000 -- $466 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,335 $466,504 $296,516 $169,988
2025 $6,335 $457,357 $290,702 $166,655
2024 $6,061 $448,390 $285,002 $163,388
2023 $5,952 $439,599 $279,414 $160,185
2022 $5,589 $430,981 $273,936 $157,045
2021 $5,397 $422,531 $268,565 $153,966
2019 $5,314 $410,000 $260,600 $149,400
2018 $5,284 $410,000 $260,600 $149,400
2016 $3,914 $305,481 $169,102 $136,379
2015 $3,758 $300,893 $166,562 $134,331
2014 $3,730 $295,000 $163,300 $131,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22250216

California Regional Multiple Listing Service (CRMLS)

APN: 7281-012-057

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