NOT LISTED FOR SALE

Estimated Value: $647,000 - $754,000

3 Beds
2 Baths
1,380 Sq Ft
0.7 Acres

Last Sold December 23, 2014

Last sale price $330,000 $239 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $4,068/month

Highlights

  • Gated Parking
  • 0.7 Acre Lot
  • Eat-In Galley Kitchen
  • Long Beach Polytechnic High School Rated A
  • Neighborhood Views
  • Living Room

About This Home

As of April 2021

Spacious modern 3 bedroom 2 bath condo on Historic Pine Ave in Downtown Long Beach. This 3 bedroom unit is over 1,300 sq ft. The kitchen has granite counters, and plenty of cabinet space, along with a bar counter. There is a separate dining area. The large master bedroom features an en-suite bathroom, with shower-tub combo and an extra area for a desk. The two other spacious bedrooms have ample closet space and share the second bath. The living room and master bedroom have balcony access. 2 assigned parking spaces in the buildings underground garage. This luxurious complex offers a roof top deck with amazing views of Long Beach, a courtyard with BBQ grill area, and a high tech locker system for deliveries. Close to all the entertainment and dining options that Pine Ave and Downtown LB have to offer.

Last Agent to Rent the Property

Mike Dunfee

Dunfee Real Estate Services License #01191497 Listed on: 02/24/2021

Last Renter's Agent

Mike Dunfee

Dunfee Real Estate Services License #01191497 Listed on: 02/24/2021

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,092

Year Built

  • Built in 1998

Lot Details

  • Two or More Common Walls
  • Landscaped

Parking

  • 2 Car Garage
  • Parking Available
  • Gated Parking
  • Assigned Parking

Property Views

  • Neighborhood
  • Courtyard

Interior Spaces

  • 1,380 Sq Ft Home
  • Entryway
  • Living Room

Kitchen

  • Eat-In Galley Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Exterior Lighting
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,795
  • Rent includes association dues, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 3/1/21
  • Tax Lot 1
  • Tax Tract Number 61476
  • Assessor Parcel Number 7273016154

Community Details

Overview

  • Property has a Home Owners Association
  • 83 Units
  • Downtown Subdivision

Amenities

  • Community Barbecue Grill

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $500

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,092

Year Built

Built in 1998

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2021-03-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 2795
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Other Phone Description: Showing Agent
  • Other Phone Number: 2484176725
  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: LBPD29
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7273016154
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1380.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2.03
  • Room Type: Entry, Galley Kitchen, Kitchen, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • View: Courtyard, Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Gated
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 30361.00
  • Lot Size Acres: 0.6970

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 30361.0000 Square Feet
  • Management Co: MD Property Management
  • Management Co Phone: 5624931400
  • Number Of Units In Community: 83
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Trash Collection, Water

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2020
Sold by
Soroushian Sheila
Bought by
838 Pine Ave Llc
Current Estimated Value
$687,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,700
Outstanding Balance
$218,443
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$445,347

Purchase Details

Closed on
Sep 13, 2016
Sold by
Soroushian Sheila
Bought by
838 Pine Ave Llc

Purchase Details

Listed on
Oct 6, 2014
Closed on
Nov 6, 2014
Sold by
Hale Markwood A
Bought by
Soroushian Sheila
Seller's Agent
Beatrix Whipple
Keller Williams Pacific Estate
Buyer's Agent
Pat Soroushian
HomeSmart, Evergreen Realty
List Price
$390,000
Sold Price
$330,000
Premium/Discount to List
-$60,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$264,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2005
Sold by
Shea Long Beach Llc
Bought by
Hale Markwood A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,050
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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
838 Pine Ave Llc -- Ticor Title
Soroushian Sheila -- Ticor Title
838 Pine Ave Llc -- None Available
Soroushian Sheila $330,000 Ticor Title
Hale Markwood A $479,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soroushian Sheila $245,700
Previous Owner Soroushian Sheila $264,000
Previous Owner Hale Markwood A $383,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2021 04/12/21 Rented $2,795 0.0% --
03/30/2021 03/30/21 Under Contract -- -- --
02/24/2021 02/24/21 For Rent $2,795 0.0% --
12/23/2014 12/23/14 Sold $330,000 -5.7% $239 / Sq Ft
10/16/2014 10/16/14 Pending -- -- --
08/04/2014 08/04/14 Price Changed $350,000 -6.7% $254 / Sq Ft
07/24/2014 07/24/14 Price Changed $375,000 -3.8% $272 / Sq Ft
06/25/2014 06/25/14 For Sale $390,000 +18.2% $283 / Sq Ft
06/24/2014 06/24/14 Off Market $330,000 -- --
06/23/2014 06/23/14 For Sale $390,000 -- $283 / 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 $5,092 $396,603 $240,367 $156,236
2024 $5,092 $388,827 $235,654 $153,173
2023 $5,006 $381,204 $231,034 $150,170
2022 $4,699 $373,730 $226,504 $147,226
2021 $4,601 $366,403 $222,063 $144,340
2019 $4,535 $355,537 $215,478 $140,059
2018 $4,434 $348,566 $211,253 $137,313
2016 $4,075 $335,032 $203,050 $131,982
2015 $3,911 $330,000 $200,000 $130,000
2014 $3,424 $290,000 $109,000 $181,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21036668

California Regional Multiple Listing Service (CRMLS)

APN: 7273-016-154