NOT LISTED FOR SALE

861 Magnolia Ave Unit 27 Long Beach, CA 90813

Willmore Neighborhood

Estimated Value: $580,000 - $738,000

2 Beds
2.5 Baths
1,206 Sq Ft
$250/mo HOA Fee

Last Sold February 19, 2021

Last sale price $525,000 $435 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,345/month

11 Days on Market

Highlights

  • Marina
  • Gated Community
  • 0.76 Acre Lot
  • No Units Above
  • Peek-A-Boo Views
  • 4-minute walk to Drake Park

About This Home

As of February 2021

This is truly a rare find! Contemporary & elegant, 2 BR/2.5 BA Townhouse style condo is a large 1206 sq ft, has an attached 2 car garage with ample custom built-in storage and washer/dryer. Located in the Willmore City Historic District of Long Beach, CA. Minutes away from downtown restaurants, shopping, beachfront and the 710 freeway, Open concept living/dining/kitchen area is bright and sunny with east facing views of a grassy, tree-lined gated courtyard. Recently updated bamboo flooring in living room, hallway and bedrooms. Ceramic tile floor in the kitchen and bathrooms. Etched dual pane windows throughout for energy efficiency. Upgraded Kitchen & bathrooms include Carrara style, quartz countertops, newer drawers & cabinet doors (soft close in the Kitchen), newer hardware, lighting, sinks and brushed nickel faucets (Touchless gooseneck faucet in Kitchen and stone backsplash). Cozy up to the beautiful marble look facade w/gas log fireplace in living room for additional warmth. Powder room located downstairs; a great feature when entertaining. The upstairs Master suite is large and bright with vaulted ceilings, two closets including a walk-in. Attached bath features a large updated shower with bench seat and frameless shower doors. Bedroom #2 is light and bright with hallway accessible full bathroom. Large west facing balcony is located off second floor hallway with peek-a-boo city/port view. Perfect for a BBQ or relaxing. A must see. Don’t miss out on calling this home!

Last Agent to Sell the Property

Melinda Curtis

Leisure List, S.B. Real Estate License #01291830 Listed on: 01/08/2021

Last Buyer's Agent

Roddy de la Garza

eXp Realty of Greater Los Angeles License #01995374

eXp Realty of Greater Los Angeles

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,193

Year Built

  • Built in 1991

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Security Fence

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Victorian Architecture

Interior Spaces

  • 1,206 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Storage
  • Peek-A-Boo Views
  • Closed Circuit Camera

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Self-Closing Drawers
  • Disposal

Flooring

  • Bamboo
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Quartz Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 47782
  • Assessor Parcel Number 7272016054

Community Details

Overview

  • 28 Units
  • Drake Village Association, Phone Number (323) 754-2818
  • Professional Homeowners Assoc.Management HOA
  • Willmore District Subdivision

Recreation

  • Marina

Additional Features

  • Picnic Area
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,193

Year Built

Built in 1991

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Washer Dryer, Refrigerator, Range, dishwasher
  • Property Attached: Yes
  • Security: Closed Circuit Camera(s), Gated Community
  • Subdivision Name Other: Willmore District (WM)
  • View: Yes
  • Zoning: LBPD10
  • Architectural Style: Victorian
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7272016054
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1206.00 Square Feet
  • Interior Amenities: Balcony, Storage
  • Stories: 2
  • Entry Location: Faces East
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Bamboo, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 435.32
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Linen Closet/Storage, Quartz Counters
  • Room Kitchen Features: Quartz Counters, Self-Closing Drawers

Exterior Features

  • View: Peek-A-Boo
  • Fence: Yes
  • Fencing: Security
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Built-In Storage, Direct Garage Access, Garage, Garage Faces Rear, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Range, Microwave, Refrigerator
  • Heating Type: Forced Air, Fireplace(s)
  • Laundry Features: Dryer Included, In Garage, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Association Name: Drake Village
  • Phone: 323-754-2818
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Professional Homeowners Assoc.Management

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 33051.00
  • Lot Size Acres: 0.7587

Multi Family

  • Lease Considered: No
  • Lot Size Area: 33051.0000 Square Feet
  • Number Of Units In Community: 28
  • Number Of Units Total: 28
  • Waterfront Features: Marina in Community

Tax Info

  • Tax Census Tract: 5758.02
  • Tax Lot: 1
  • Tax Tract Number: 47782

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Jan 25, 2021
Sold by
Solorzano Maria T
Bought by
Garcia Moises
Seller's Agent
Melinda Curtis
Leisure List, S.B. Real Estate
Buyer's Agent
Roddy de la Garza
eXp Realty of Greater Los Angeles
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$646,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,615
Avg. Annual Appreciation
3.80%
Original Mortgage
$472,500
Outstanding Balance
$423,203
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$198,848

Purchase Details

Listed on
Jan 8, 2021
Closed on
Jan 20, 2021
Sold by
Spencer Laura L
Bought by
Garcia Moises
Seller's Agent
Melinda Curtis
Leisure List, S.B. Real Estate
Buyer's Agent
Roddy de la Garza
eXp Realty of Greater Los Angeles
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Outstanding Balance
$423,203
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$198,848

Purchase Details

Closed on
Mar 6, 2019
Sold by
Spencer Laura L and Spencer Laura L
Bought by
Spencer Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2017
Sold by
Burgwin Laura L Spencer
Bought by
The Laura Lynn Spencer Living Trust

Purchase Details

Closed on
May 23, 2012
Sold by
Burgwin Laura L and Spencer Laura Lynn
Bought by
Burgwin Laura L Spencer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,500
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2006
Sold by
Damico Mark Albert
Bought by
Spencer Laura Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
6.08%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 25, 2005
Sold by
Brown Terry
Bought by
Damico Mark Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
5.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 13, 2002
Sold by
Bilbao Manuel F and Bilbao Emma D
Bought by
Brown Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,600
Interest Rate
10%
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
Garcia Moises -- Pacific Coast Title
Garcia Moises $525,000 Pacific Coast Title
Spencer Laura L -- Placer Title Company
The Laura Lynn Spencer Living Trust -- None Available
Burgwin Laura L Spencer -- North American Title Co Inc
Burgwin Laura L Spencer -- North American Title Co Inc
Spencer Laura Lynn $389,000 Fidelity National Title Los
Damico Mark Albert $350,000 --
Brown Terry $150,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Moises $472,500
Closed Garcia Moises $472,500
Previous Owner Spencer Laura L $325,000
Previous Owner Spencer Laura L $324,000
Previous Owner Burgwin Laura L Spencer $285,500
Previous Owner Burgwin Laura L $56,000
Previous Owner Spencer Laura Lynn $311,200
Previous Owner Damico Mark Albert $87,500
Previous Owner Damico Mark Albert $245,000
Previous Owner Brown Terry $165,750
Previous Owner Brown Terry $138,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $525,000 0.0% $435 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $525,000 -- $435 / 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 $7,193 $568,274 $348,866 $219,408
2024 $7,193 $557,132 $342,026 $215,106
2023 $7,073 $546,209 $335,320 $210,889
2022 $6,637 $535,500 $328,746 $206,754
2021 $5,768 $470,000 $302,700 $167,300
2020 $5,810 $470,000 $302,700 $167,300
2019 $5,331 $427,000 $275,000 $152,000
2018 $4,871 $392,000 $252,000 $140,000
2016 $3,913 $328,000 $211,000 $117,000
2015 $3,472 $298,000 $192,000 $106,000
2014 $3,072 $259,000 $167,000 $92,000
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: PW21002506

California Regional Multiple Listing Service (CRMLS)

APN: 7272-016-054