NOT LISTED FOR SALE

Estimated Value: $492,000 - $510,000

2 Beds
2 Baths
930 Sq Ft
$518/mo HOA Fee

Last Sold May 22, 2024

Last sale price $485,000 $522 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,766/month

40 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Gated Parking
  • Woodrow Wilson High School Rated A
  • In Ground Pool
  • Gated Community

About This Home

As of May 2024

Exceptional Value!! Mystic Cove 2 bedroom, 2 bath, Large Square Footage, more square footage than the last two units that sold plus at a lower price point, 2nd story condominium is centrally located near Long Beach State University, shopping, dining and transportation. The kitchen is open to the living space which is perfect for entertaining and gives the impression of a much larger space. Entrance has tile flooring which carries through the entire unit. There is also a cozy fireplace. There is room for a stackable washer/dryer. This home comes with two assigned parking spaces with storage spaces all in a gated parking area. The unit also has central heat and air conditioning in addition to an in-ceiling sprinkler system and wired smoke detectors. The living room has a spacious balcony that can also be accessed by master bedroom to enjoy the breeze and fresh ocean air. The building subterranean parking & street parking & has an elevator. The complex offers an array of amenities, including a pool, spa, clubhouse available to rent, gym, laundry facilities, elevator and bike storage. Pet-friendly-rules apply. Location couldn't be better, with easy access to major freeways (91, 22, and 405). The condo is conveniently located near Cal State Long Beach, excellent restaurants, golf courses, tennis courts, lawn golf, community garden and a doggy park within minutes! 2 miles to the beach! This is your opportunity to own in the Long Beach Zaferia neighborhood!! This is priced to sell fast.

Last Agent to Sell the Property

Kristie Pabst

Pabst, Kinney & Associates Brokerage Phone: 562-547-2668 License #00804122 Listed on: 03/12/2024

Co-Listed By

Krosby Pabst

Pabst, Kinney & Associates Brokerage Phone: 562-547-2668 License #02003918

Last Buyer's Agent

Chasin Prather

Chasin RE License #01447886

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,644

Year Built

  • Built in 1985

Lot Details

  • Two or More Common Walls
  • Sprinkler System

HOA Fees

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Gated Parking
  • Community Parking Structure

Interior Spaces

  • 930 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Tile Flooring
  • Neighborhood Views
  • Security Lights

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 41817
  • Assessor Parcel Number 7254002062
  • $240 per year additional tax assessments

Community Details

Overview

  • 60 Units
  • Mystic Cove Association, Phone Number (714) 508-9070
  • Optimum Property Management HOA
  • Mystic Cove Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,644

Year Built

Built in 1985

Lot Details

0

HOA Fees

$518 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Fire Sprinkler System, Gated Community, Security Lights, Smoke Detector(s)
  • Subdivision Name Other: Mystic Cove (MC)
  • View: Yes
  • Zoning: LBR4N
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7254002062
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 930.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 1
  • Entry Location: front door
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 521.51
  • Spa Features: Association

Exterior Features

  • View: Neighborhood
  • Pool Features: Association, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Garage, Gated, Subterranean
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Community, In Closet, Inside, Stackable, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Gym/Ex Room, Clubhouse, Pets Permitted
  • Association Fee: 420.00
  • Association #2 Fee: 97.50
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Mystic Cove
  • Phone: 714-508-9070
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Golf, Sidewalks, Street Lights
  • Association Management: Optimum Property Management

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft, Near Public Transit, Sprinkler System
  • Lot Size Sq Ft: 37955.00
  • Lot Size Acres: 0.8713

Multi Family

  • Lease Considered: No
  • Lot Size Area: 37955.0000 Square Feet
  • Number Of Units In Community: 60
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5770.00
  • Tax Lot: 1
  • Tax Tract Number: 41817
  • TaxOtherAnnualAssessmentAmount: 240.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
May 15, 2024
Sold by
Tsay Lien
Bought by
Davidson Alyse and Nicholl Zachary
Seller's Agent
Kristie Pabst
Pabst, Kinney & Associates
Buyer's Agent
Chasin Prather
Chasin RE
List Price
$495,000
Sold Price
$485,000
Premium/Discount to List
-$10,000
-2.02%
Views
129
Current Estimated Value
$501,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,478
Avg. Annual Appreciation
2.97%
Original Mortgage
$476,215
Outstanding Balance
$471,690
Interest Rate
6.88%
Mortgage Type
FHA
Estimated Equity
$29,788

Purchase Details

Closed on
May 12, 2006
Sold by
Perlman Melissa and Hadweh Isam
Bought by
Tsay I Lien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2005
Sold by
Perlman Melissa
Bought by
Perlman Melissa

Purchase Details

Closed on
Sep 10, 2002
Sold by
Woo Judy and Hayata Jill M
Bought by
Perlman Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
7.25%
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
Davidson Alyse $485,000 Fidelity National Title
Tsay I Lien $330,000 Commonwealth Title
Perlman Melissa -- --
Perlman Melissa $167,500 Commerce Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davidson Alyse $476,215
Previous Owner Tsay I Lien $264,000
Previous Owner Perlman Melissa $175,200
Previous Owner Perlman Melissa $134,000
Closed Perlman Melissa $33,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $485,000 -2.0% $522 / Sq Ft
04/21/2024 04/21/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $495,000 -- $532 / 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
2024 $5,644 $442,111 $307,607 $134,504
2023 $5,547 $433,443 $301,576 $131,867
2022 $5,203 $424,945 $295,663 $129,282
2021 $5,098 $416,614 $289,866 $126,748
2019 $4,450 $357,000 $249,000 $108,000
2018 $4,428 $357,000 $249,000 $108,000
2016 $3,642 $306,000 $213,000 $93,000
2015 $3,029 $260,000 $180,600 $79,400
2014 $2,828 $239,000 $166,000 $73,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24046551

California Regional Multiple Listing Service (CRMLS)

APN: 7254-002-062