NOT LISTED FOR SALE

Estimated Value: $494,000 - $533,000

2 Beds
2 Baths
930 Sq Ft
$337/mo HOA Fee

Last Sold June 30, 2020

Last sale price $450,000 $484 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,560/month

38 Days on Market

Highlights

  • Unit is on the top floor
  • City View
  • Contemporary Architecture
  • Long Beach Polytechnic High School Rated A
  • 30,359 Sq Ft lot
  • Outdoor Cooking Area

About This Home

As of June 2020

Move-in ready condo for sale in the Long Beach neighborhood known as North Pine. Top floor unit with no neighbors above you. 2 bedrooms, 2 bathrooms, with glass-sliding doors to a private patio that gives way to views of the Ocean Blvd skyline and the mountains of Palos Verdes. In-door laundry, central AC and heating, 2 assigned parking spots in the underground garage. Roof top community area is great for entertaining. Walkability to the beach, Pine downtown nightlife, restaurants and shops. Built in 1998. Easy access to 710 freeway.

Last Agent to Sell the Property

Melissa Urena

Real Broker License #01900591 Listed on: 04/15/2020

Real Broker

Co-Listed By

Juan Castro

JohnHart Corp. License #02001442

Last Buyer's Agent

Sherry Wicks

License #00470554

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1998

Lot Details

  • 0.7

HOA Fees

  • $337 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • City
  • Mountain

Home Design

  • Contemporary Architecture
  • Entry on the 5th floor

Interior Spaces

  • 930 Sq Ft Home
  • Living Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • Unit is on the top floor
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 7273-016-187

Community Details

Overview

  • Association fees include building and grounds, gas, maintenance paid, trash, water
  • 83 Units
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill

Pet Policy

  • Pets Allowed

Security

  • Controlled Access

Property Details

Home Type

Condominium

Year Built

Built in 1998

Lot Details

0

HOA Fees

$337 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Top Level
  • Street Number Display: Yes
  • Advertising Remarks: Move-in ready condo for sale in the Long Beach neighborhood known as North Pine. Top floor unit with no neighbors above you. 2 bedrooms, 2 bathrooms, with glass-sliding doors to a private patio that gives way to views of the Ocean Blvd skyline and the mountains of Palos Verdes. In-door laundry, central AC and heating, 2 assigned parking spots in the underground garage. Roof top community area is great for entertaining. Walkability to the beach, Pine downtown nightlife, restaurants and shops. Built in 1998. Easy access to 710 freeway.Please see https://my.matterport.com/show/?m=6ZUHjE6LFxC for a tour of home.
  • Complex Name: Pine Community Association
  • Entry Floor: 5
  • Living Area: 930
  • Planned Urban Dev: 0
  • Year Built: 1998
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet, Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Inclusions: stove, refrigerator, washer, dryer
  • Price Per S Q F T: 489.25

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Garage - 2 Car, Subterranean

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Controlled Access, Outdoor Cooking Area
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Gas, Maintenance Paid, Trash, Water
  • HOA Fees: 336.86
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 7273-016-187
  • Geocode Override: No
  • Lot Size Area: 30359

Multi Family

  • Number Of Units: 83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2020
Closed on
Jun 1, 2020
Sold by
Tadros Wadie and Tadros Rita
Bought by
Vela Felipe Michael
Seller's Agent
Melissa Urena
Real Broker
Buyer's Agent
Sherry Wicks
List Price
$465,000
Sold Price
$450,000
Premium/Discount to List
-$15,000
-3.23%
Current Estimated Value
$518,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,997
Avg. Annual Appreciation
2.63%
Original Mortgage
$405,000
Outstanding Balance
$358,207
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$160,790

Purchase Details

Closed on
Nov 30, 2016
Sold by
Tadros Wadie Samaan
Bought by
Tadros Wadie and Tadros Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2006
Sold by
Shea Long Beach Llc
Bought by
Tadros Wadie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,592
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vela Felipe Michael $450,000 Stewart Title
Tadros Wadie -- Fidelity
Tadros Wadie Samaan -- Fidelity Sherman Oaks
Tadros Wadie $417,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vela Felipe Michael $405,000
Previous Owner Tadros Wadie Samaan $272,000
Previous Owner Tadros Wadie $333,592
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2020 06/30/20 Sold $450,000 -1.1% $484 / Sq Ft
05/23/2020 05/23/20 Pending -- -- --
05/05/2020 05/05/20 Price Changed $455,000 -2.2% $489 / Sq Ft
04/15/2020 04/15/20 For Sale $465,000 -- $500 / Sq Ft
Source: The MLS

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 $6,136 $492,135 $273,408 $218,727
2024 $6,136 $482,487 $268,048 $214,439
2023 $6,031 $473,028 $262,793 $210,235
2022 $5,656 $463,754 $257,641 $206,113
2021 $5,543 $454,662 $252,590 $202,072
2020 $5,083 $406,000 $281,000 $125,000
2019 $4,769 $377,000 $261,000 $116,000
2018 $4,752 $377,000 $261,000 $116,000
2016 $3,235 $264,000 $183,000 $81,000
2015 $3,150 $264,000 $183,000 $81,000
2014 $3,189 $264,000 $183,000 $81,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-565832

The MLS

APN: 7273-016-187