NOT LISTED FOR SALE

Estimated Value: $442,000 - $651,000

2 Beds
1 Bath
925 Sq Ft
$185/mo HOA Fee

Last Sold January 08, 2018

Last sale price $385,000 $416 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,530/month

11 Days on Market

Highlights

  • Gated Community
  • City Lights View
  • Open Floorplan
  • Long Beach Polytechnic High School Rated A
  • 9,808 Sq Ft lot
  • Contemporary Architecture

About This Home

As of January 2018

This remodeled contemporary condo, with open plan living and beautiful, original hardwood flooring, is just two short blocks to the ocean. A short walk finds you in the East Village, Restaurants, Galleries and Cafes. This is Down town living at it's best! The condo is situated in a secured building with an oasis of a communal garden to relax and BBQ in the summer. The corner unit is the largest in the complex and unique with efficient dual pained windows on three sides of the home. This home boasts recessed lighting, crown molding, Carrara Marble counter tops in the bathroom and kitchen. The kitchen will include the stainless steel appliances, stove, refrigerator, microwave and dishwasher.
The bathroom is spacious with modern subway tiles on the walls for a clean feel and the floor is finished with classic white hexagonal tiles. The master bedroom has windows on two sides for bright natural light and a built in mirrored wardrobe. The second bedroom is large enough to accommodate a Queen bed, with built in wardrobe. Laundry facilities are within the complex and assigned parking has to be applied for with the H.O.A. and is on a rotation system. The living area has had a fresh coat of paint ready for it's new owners. It's a must see and wont last long!

Last Agent to Sell the Property

Amanda Short

First Team Real Estate License #01960026 Listed on: 12/08/2017

Co-Listed By

Scott Lyles

First Team Real Estate License #02030305

Last Buyer's Agent

Christopher Liu

Chris Liu, Broker License #01943870

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1953

Lot Details

  • 1 Common Wall
  • Density is 11-15 Units/Acre

HOA Fees

  • $185 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Turnkey

Interior Spaces

  • 925 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Family Room Off Kitchen
  • Wood Flooring
  • City Lights Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Quartz Bathroom Countertops
  • Bathtub with Shower

Parking

  • Parking Available
  • Parking Lot
  • Assigned Parking

Schools

  • Stevenson Elementary School
  • Franklin Middle School
  • Polytechnic High School

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Energy-Efficient Windows
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 7265001091

Community Details

Overview

  • 11 Units
  • Royal Homes Association, Phone Number (562) 735-4276

Amenities

  • Outdoor Cooking Area
  • Picnic Area
  • Laundry Facilities

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1953

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265001091
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 925.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Open Floorplan, Recessed Lighting
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 416.22
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub, Quartz Counters
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Parking: Yes
  • Parking Features: Assigned, Parking Space

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator
  • Electric: Standard
  • Heating Type: Natural Gas
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Outdoor Cooking Area, Picnic Area
  • Association Fee: 185.00
  • Association Fee Frequency: Monthly
  • Association Name: Royal Homes
  • Phone: 562 735 4276
  • Senior Community: No
  • Community Features: Urban

Schools

  • Elementary School: Stevenson
  • High School: Polytechnic
  • Middle Or Junior School: Franklin
  • Elementary School #2: STEVEN
  • High School2: POLYTE

Green Features

  • Efficiency: Windows

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 9808.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 11
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2017
Closed on
Dec 18, 2017
Sold by
Gamboa Ronald W
Bought by
Chen Larry
Seller's Agent
Amanda Short
First Team Real Estate
Buyer's Agent
Christopher Liu
Chris Liu, Broker
List Price
$385,000
Sold Price
$385,000
Current Estimated Value
$549,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,682
Avg. Annual Appreciation
4.56%
Original Mortgage
$230,000
Outstanding Balance
$193,540
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$356,142

Purchase Details

Listed on
Apr 6, 2013
Closed on
Apr 29, 2013
Sold by
Gamboa Virginia Isabel
Bought by
Gamboa Ronald
Seller's Agent
Edward Renteria
Pacific West Associates
Buyer's Agent
Edward Renteria
Pacific West Associates
List Price
$205,000
Sold Price
$189,000
Premium/Discount to List
-$16,000
-7.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.73%
Original Mortgage
$113,400
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 6, 2013
Closed on
Apr 26, 2013
Sold by
Holmes Veronica Shelby
Bought by
Gamboa Ronald
Seller's Agent
Edward Renteria
Pacific West Associates
Buyer's Agent
Edward Renteria
Pacific West Associates
List Price
$205,000
Sold Price
$189,000
Premium/Discount to List
-$16,000
-7.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,400
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 13, 2010
Sold by
Wells Fargo Bank Na
Bought by
Holmes Veronica Shelby

Purchase Details

Closed on
Dec 29, 2009
Sold by
Lalonde Neil D
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 16, 2006
Sold by
Chacon Dennis
Bought by
Lalonde Neil D and Bean Seleah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2004
Sold by
Cc Investments
Bought by
Chacon Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,100
Interest Rate
5.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 2003
Sold by
Chen Jonathan
Bought by
Cc Investments

Purchase Details

Closed on
May 27, 2003
Sold by
Chen Mary Christina
Bought by
Chen Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,300
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2003
Sold by
Carroll Kevin O
Bought by
Chen Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,300
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
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
Chen Larry $385,000 Western Resources Title Comp
Gamboa Ronald -- Lawyers Title Company
Gamboa Ronald $189,000 Lawyers Title Company
Holmes Veronica Shelby $150,000 Lawyers Title
Wells Fargo Bank Na $280,000 Lawyers Title Company
Lalonde Neil D $360,000 Lawyers Title
Chacon Dennis $269,000 California Counties Title Co
Cc Investments -- California Counties Title Co
Chen Jonathan -- --
Chen Jonathan $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Larry $230,000
Previous Owner Gamboa Ronald $113,400
Previous Owner Lalonde Neil D $288,000
Previous Owner Chacon Dennis $242,100
Previous Owner Chen Jonathan $148,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/08/2018 01/08/18 Sold $385,000 0.0% $416 / Sq Ft
12/08/2017 12/08/17 For Sale $385,000 +103.7% $416 / Sq Ft
06/05/2013 06/05/13 Sold $189,000 -5.0% $204 / Sq Ft View Prior Sale
04/26/2013 04/26/13 Pending -- -- --
04/21/2013 04/21/13 Price Changed $199,000 -2.9% $215 / Sq Ft
04/06/2013 04/06/13 For Sale $205,000 0.0% $222 / Sq Ft
03/08/2013 03/08/13 Pending -- -- --
03/05/2013 03/05/13 For Sale $205,000 0.0% $222 / Sq Ft
02/04/2013 02/04/13 Pending -- -- --
01/27/2013 01/27/13 For Sale $205,000 -- $222 / 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 $5,574 $438,059 $113,781 $324,278
2024 $5,574 $429,470 $111,550 $317,920
2023 $5,480 $421,050 $109,363 $311,687
2022 $5,142 $412,795 $107,219 $305,576
2021 $5,040 $404,702 $105,117 $299,585
2019 $4,968 $392,700 $102,000 $290,700
2018 $2,672 $204,543 $81,167 $123,376
2016 $2,457 $196,602 $78,016 $118,586
2015 $2,360 $193,650 $76,845 $116,805
2014 $2,348 $189,857 $75,340 $114,517
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17272161

California Regional Multiple Listing Service (CRMLS)

APN: 7265-001-091