Seller's Agent in 2024
Scott Chapman
Coldwell Banker Realty
(562) 572-2275
4 in this area
55 Total Sales
Park Ocean Condos 5585 E Pacific Coast Hwy Unit 360 Long Beach, CA 90804
Park Estates NeighborhoodEstimated Value: $289,632 - $318,000
1
Bed
1
Bath
418
Sq Ft
$378/mo
HOA Fee
Highlights
- No Units Above
- Gated Parking
- Updated Kitchen
- Minnie Gant Elementary School Rated A
- View of Trees or Woods
- 3.39 Acre Lot
About This Home
As of September 2024Welcome to your top floor studio suite with large private balcony over looking the tropical like common area. The highly updated unit offers maple hardwood floors and new dual pain sliding glass door with with Hunter Douglas Luminette sheer drapery. The new gourmet kitchen has black/stainless appliances, Themar Statuario polished porcelain tile back splash and a 5 stage reverse osmosis water filtration system. Both the kitchen and bathroom have custom cabinetry, Calacatta Gold polished porcelain floor tiling and quartz counters. Park Ocean is a gated community and is located next to CSULB, the VA, Belmont Shore and beach. The unit is located close to elevator, common laundry area and trash chute. The complex amenities include swimming pool, spa, gym, tennis courts, bike storage room, common meeting room and a BBQ area. There is an onsite property manager and laundry facilities on each level. This unit has gated subterranean parking with storage. The HOA includes water, trash and sewer. Move-in ready, you deserve to live here......
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Email: scott@scottLBnow.com License #01389775 Listed on: 04/26/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,234
Year Built
- Built in 1970
Lot Details
- No Units Above
- End Unit
- 1 Common Wall
HOA Fees
- $378 Monthly HOA Fees
Parking
- Subterranean Parking
- Parking Available
- Gated Parking
- Community Parking Structure
Property Views
- Woods
- Pool
Home Design
- Midcentury Modern Architecture
- Entry on the 1st floor
- Turnkey
Interior Spaces
- 418 Sq Ft Home
- 1-Story Property
- Living Room
- Laundry Room
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Electric Range
- Microwave
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- Remodeled Bathroom
- 1 Full Bathroom
- Bathtub with Shower
- Exhaust Fan In Bathroom
Utilities
- Radiant Heating System
- Hot Water Heating System
- Sewer Paid
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tax Tract Number 37203
- Assessor Parcel Number 7240025221
- $204 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 219 Units
- Park Ocean Association, Phone Number (818) 739-1105
- King George Property Mgt HOA
- Park Ocean Subdivision
- Maintained Community
Amenities
- Outdoor Cooking Area
- Community Barbecue Grill
- Picnic Area
- Sauna
- Recreation Room
- Laundry Facilities
Recreation
- Tennis Courts
- Community Pool
- Community Spa
Security
- Resident Manager or Management On Site
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 26, 2024
Closed on
Sep 3, 2024
Sold by
Palmer Kerwyn W
Bought by
Dodson Christopher and Dodson Cecilia
Seller's Agent
Scott Chapman
Coldwell Banker Realty
Buyer's Agent
Deborah Cowles
Compass
List Price
$335,900
Sold Price
$305,000
Premium/Discount to List
-$30,900
-9.2%
Views
161
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,408
Avg. Annual Appreciation
0.46%
Purchase Details
Closed on
Feb 26, 1994
Sold by
Palmer Kevyn D
Bought by
Palmer Kerwyn W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,650
Interest Rate
6.98%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 18, 1994
Sold by
Palmer Billie Jo
Bought by
Palmer Kerwyn W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,650
Interest Rate
6.98%
Mortgage Type
FHA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dodson Christopher | $305,000 | Fidelity National Title | |
| Palmer Kerwyn W | -- | Continental Land Title | |
| Palmer Kevyn D | -- | Continental Land Title | |
| Palmer Kerwyn W | -- | Continental Lawyers Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Palmer Kerwyn W | $41,650 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/20/2024 09/20/24 | Sold | $305,000 | -1.6% | $730 / Sq Ft |
| 09/02/2024 09/02/24 | Pending | -- | -- | -- |
| 06/27/2024 06/27/24 | Price Changed | $309,850 | -3.2% | $741 / Sq Ft |
| 06/04/2024 06/04/24 | Price Changed | $319,980 | -1.5% | $766 / Sq Ft |
| 05/30/2024 05/30/24 | Price Changed | $324,900 | -3.3% | $777 / Sq Ft |
| 04/26/2024 04/26/24 | For Sale | $335,900 | -- | $804 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $1,234 | $305,000 | $187,500 | $117,500 |
| 2024 | $1,234 | $82,525 | $21,933 | $60,592 |
| 2023 | $1,210 | $80,907 | $21,503 | $59,404 |
| 2022 | $1,140 | $79,322 | $21,082 | $58,240 |
| 2021 | $1,113 | $77,768 | $20,669 | $57,099 |
| 2019 | $1,147 | $75,463 | $20,057 | $55,406 |
| 2018 | $1,065 | $73,984 | $19,664 | $54,320 |
| 2016 | $983 | $71,112 | $18,901 | $52,211 |
| 2015 | $947 | $70,045 | $18,618 | $51,427 |
| 2014 | $947 | $68,674 | $18,254 | $50,420 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Chapman
-
Deborah Cowles
Buyer's Agent in 2024
Deborah Cowles
Compass
(949) 697-1219
1 in this area
31 Total Sales
About Park Ocean Condos
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24074512
APN: 7240-025-221
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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