NOT LISTED FOR SALE

Estimated Value: $337,000 - $379,000

1 Bed
1 Bath
594 Sq Ft
$350/mo HOA Fee

Last Sold March 30, 2022

Last sale price $295,000 $497 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,688/month

119 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Wood Flooring
  • Minnie Gant Elementary School Rated A
  • Clubhouse
  • Sauna

About This Home

As of March 2022

This home is nestled within the beautiful Park Ocean complex surrounded by tropical gardens with shaded sitting nooks for those times you want
to relax in nature. Amenities include a BBQ area under a pergola, a glistening pool with a poolside terrace, and a tennis court. This enviable
location is just moments from the CSULB campus, cafes, shopping, dining, and public transportation. Come take a tour to see what possibilities this
excellent easy-living investment awaits you!

Last Listed By

Heiner & Natalia Escobar

KW College Park License #01758326 Listed on: 11/12/2021

KW College Park

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,029

Year Built

  • Built in 1970

Lot Details

  • Two or More Common Walls
  • Land Lease

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Cosmetic Repairs Needed
  • Fixer Upper
  • Fire Rated Drywall

Interior Spaces

  • 594 Sq Ft Home
  • Sliding Doors
  • Living Room
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Formica Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub

Parking

  • Detached Carport Space
  • Parking Available

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Spa
  • Patio
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 37203
  • Assessor Parcel Number 7240025089

Community Details

Overview

  • 219 Units
  • Park Ocean Association, Phone Number (562) 597-3328
  • Park Ocean Subdivision
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Sauna
  • Recreation Room
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Service
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,029

Year Built

Built in 1970

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Park Ocean (PO)
  • View: No
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7240025089
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 594.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Sliding Doors
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 496.63
  • Room Type: Kitchen, Living Room
  • Spa Features: Association, Community
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Formica Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Drywall Walls

Garage/Parking

  • Parking: Yes
  • Parking Features: Detached Carport

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Electric Range, Microwave
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Barbecue, Gym/Ex Room, Clubhouse, Recreation Room, Maintenance Grounds, Security, Controlled Access
  • Association Fee: 350.00
  • Association Fee Frequency: Monthly
  • Association Name: Park Ocean
  • Phone: 562 597-3328
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: Park Ocean

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 219
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 37203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Mar 14, 2022
Sold by
Michelle Ann Deanovich Living Trust
Bought by
Fbr Marble Inc
Seller's Agent
Heiner & Natalia Escobar
KW College Park
Buyer's Agent
Christian Gutierrez
Synergy Real Estate
List Price
$299,900
Sold Price
$295,000
Premium/Discount to List
-$4,900
-1.63%
Total Days on Market
119
Current Estimated Value
$358,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,592
Avg. Annual Appreciation
6.47%

Purchase Details

Closed on
Sep 15, 2020
Sold by
Deanovich Michelle Ann
Bought by
Nycz Denice and Michelle Ann Deanovich Living

Purchase Details

Closed on
Nov 10, 2017
Sold by
Deanovich Michelle
Bought by
Deanovich Michelle Ann and The Michelle Ann Deanovich Living Trust

Purchase Details

Closed on
Nov 19, 2010
Sold by
Wells Fargo Bank National Association
Bought by
Deanovich Michelle

Purchase Details

Closed on
Jul 8, 2010
Sold by
Williams Derrick S
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Nov 5, 1996
Sold by
Hud
Bought by
Williams Derrick S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 21, 1996
Sold by
Norwest Mtg Inc
Bought by
Hud

Range of Values:

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Average Value
Not Available
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
Fbr Marble Inc $295,000 Lawyers Title
Deanovich Michelle Ann -- None Available
Deanovich Michelle $80,000 Chicago Title
Wells Fargo Bank National Association $117,865 None Available
Williams Derrick S $48,000 California Counties Title
Hud -- First Southwestern Title Co
Norwest Mtg Inc $95,642 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Derrick S $49,201
Previous Owner Williams Derrick S $27,000
Previous Owner Williams Derrick S $171,500
Previous Owner Williams Derrick S $143,000
Previous Owner Williams Derrick S $120,000
Previous Owner Williams Derrick S $93,500
Previous Owner Williams Derrick S $67,258
Previous Owner Williams Derrick S $16,130
Previous Owner Williams Derrick S $47,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2022 03/30/22 Sold $295,000 -1.6% $497 / Sq Ft
03/16/2022 03/16/22 For Sale $299,900 +1.7% $505 / Sq Ft
03/15/2022 03/15/22 Off Market $295,000 -- --
03/15/2022 03/15/22 For Sale $299,900 +1.7% $505 / Sq Ft
03/14/2022 03/14/22 Off Market $295,000 -- --
03/11/2022 03/11/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $299,900 +1.7% $505 / Sq Ft
02/12/2022 02/12/22 Off Market $295,000 -- --
11/12/2021 11/12/21 For Sale $299,900 -- $505 / 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 $4,029 $306,918 $135,252 $171,666
2023 $3,960 $300,900 $132,600 $168,300
2022 $3,640 $288,557 $133,972 $154,585
2021 $3,567 $282,900 $131,346 $151,554
2020 $1,321 $93,711 $35,141 $58,570
2019 $1,306 $91,874 $34,452 $57,422
2018 $1,269 $90,074 $33,777 $56,297
2017 $1,256 $88,309 $33,115 $55,194
2016 $1,170 $86,578 $32,466 $54,112
2015 $1,126 $85,279 $31,979 $53,300
2014 $1,124 $83,609 $31,353 $52,256
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG21247302

California Regional Multiple Listing Service (CRMLS)

APN: 7240-025-089