NOT LISTED FOR SALE

Estimated Value: $546,000 - $703,000

2 Beds
2 Baths
940 Sq Ft
$336/mo HOA Fee

Last Sold May 07, 2021

Last sale price $525,000 $559 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,190/month

4 Days on Market

Highlights

  • Rooftop Deck
  • Primary Bedroom Suite
  • 0.7 Acre Lot
  • Long Beach Polytechnic High School Rated A
  • City Lights View
  • Main Floor Bedroom

About This Home

As of May 2021

Welcome to The Pine Terrace, this is not your ordinary 2 bedroom 2 bathroom condominium. This modern corner unit is the turn key you’ve been looking for. Newly renovated with wall to wall vinyl flooring. Galley style kitchen, with granite counter tops and ample cabinets, over looks the spacious living room. Enjoy eating on the breakfast bar, or in the separate dining area. This rare unit features an extraordinary private patio. Only three units in the entire building have a patio of this size. This extension to your home is great for entertaining, and gives you that extra space no other condominium in the city can provide. The Master suite has his and her dual closets, and leads to the private entrance to the patio. It is complete with an in-unit washer dryer for your convenience. You will never have to worry about parking, with two spots included in the safety of an attached gated indoor garage. Secure locked area for bikes. Bonus amenities include a covered rooftop terrace with spectacular panoramic city light views, indoor courtyard with BBQ area, mail drop and parcel lockers. Located on Pine Ave, it is within short walking distance to the recently revamped downtown Long Beach where you can enjoy local restaurants, coffee shops and boutiques. This condo is truly perfect in every way. Schedule your showing to secure this unique find!

Last Agent to Sell the Property

Erica Hall

Realty One Group West License #02096269 Listed on: 04/01/2021

Realty One Group West

Last Buyer's Agent

Celinda Arrington

CentsAble Finance License #02043708

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,149

Year Built

  • Built in 1998

Lot Details

  • 0.7

HOA Fees

  • $336 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 940 Sq Ft Home
  • Living Room
  • City Lights Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower

Outdoor Features

  • Rooftop Deck
  • Open Patio
  • Exterior Lighting

Additional Features

  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 61476
  • Assessor Parcel Number 7273016121

Community Details

Overview

  • Master Insurance
  • 83 Units
  • 838 Pine Association, Phone Number (310) 694-0600
  • Pmp Management HOA
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,149

Year Built

Built in 1998

Lot Details

0

HOA Fees

$336 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: 38 Pine Avenue Community
  • View: Yes
  • Zoning: LBPD29
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7273016121
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 940.00 Square Feet
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 558.51
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite
  • Bathroom Features: Bathtub, Shower In Tub, Granite Counters

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Patio And Porch Features: Patio, Patio Open, Roof Top
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Microwave
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area, Storage, Gas, Insurance, Maintenance Grounds, Trash, Sewer
  • Association Fee: 336.00
  • Association Fee Frequency: Monthly
  • Association Name: 838 Pine Association
  • Phone: 3106940600
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: PMP Management

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 30361.00
  • Lot Size Acres: 0.6970

Multi Family

  • Lease Considered: No
  • Lot Size Area: 30361.0000 Square Feet
  • Number Of Units In Community: 83
  • Number Of Units Total: 83

Tax Info

  • Tax Census Tract: 5763.01
  • Tax Lot: 1
  • Tax Tract Number: 61476

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Apr 29, 2021
Sold by
Pineda Crystal Olmedo and Olmedo Fe G
Bought by
Galvez John L
Seller's Agent
Erica Hall
Realty One Group West
Buyer's Agent
Celinda Arrington
CentsAble Finance
List Price
$499,000
Sold Price
$525,000
Premium/Discount to List
$26,000
5.21%
Current Estimated Value
$595,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,142
Avg. Annual Appreciation
3.28%
Original Mortgage
$537,075
Outstanding Balance
$487,757
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$114,590

Purchase Details

Closed on
Feb 14, 2018
Sold by
Olmedo Ceystal
Bought by
Olmedo Crystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2005
Sold by
Shea Long Beach Llc
Bought by
Olmedo Crystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Galvez John L $525,000 Chicago Title Company
Pineda Crystal Olmedo -- Chicago Title Company
Olmedo Crystal -- American Coast Title
Olmedo Crystal $411,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galvez John L $537,075
Previous Owner Olmedo Crystal $296,000
Previous Owner Olmedo Crystal $329,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $525,000 +5.2% $559 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $499,000 -- $531 / 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 $7,149 $568,275 $378,850 $189,425
2024 $7,149 $557,133 $371,422 $185,711
2023 $7,029 $546,210 $364,140 $182,070
2022 $6,593 $535,500 $357,000 $178,500
2021 $5,595 $452,000 $269,000 $183,000
2020 $4,952 $395,000 $235,000 $160,000
2019 $4,769 $377,000 $224,000 $153,000
2018 $4,752 $377,000 $224,000 $153,000
2016 $3,304 $270,000 $161,000 $109,000
2015 $3,218 $270,000 $161,000 $109,000
2014 $3,008 $248,000 $148,000 $100,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21067645

California Regional Multiple Listing Service (CRMLS)

APN: 7273-016-121