505 W 5Th St #105 Long Beach, CA 90802

$222,000 Sold Price as of 01/15/2016

1 Beds
1 Baths
707 Sq.Ft.

Off Market

$222,000 Sold Price as of 01/15/2016 Refinance Your Mortgage

Property Overview: 505 W 5Th St #105 Long Beach, CA has 1 bedrooms, 1 bathrooms, 707 living square feet and 26,437 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

505 W 5Th St #105 is currently an off market home in the city of Long Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Long Beach has a median list price of $799,900. The median price per/sqft for Long Beach is $637. With those numbers in mind, if you are looking to purchase a median priced home in Long Beach, CA and put 20% down you will need to save up $159,980 for the down payment and will need roughly $15,998 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Long Beach the commission could be as much as $38,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 505 W 5Th St #105

Last sold for $222,000 on January 15th, 2016

April, 2024
Apr 23, 2024

Date

Hold

CRMLS: V1-22848

$429,000

Price
Apr 8, 2024

Date

Active

CRMLS: V1-22848

$415,900

Price
Listing provided courtesy of CRMLS

Please note that the unit is currently undergoing renovations to enhance its features. Once the remodel is completed, it will be available for showings. We anticipate the renovations to be finished soon and look forward to showcasing the updated space.|Welcome to urban coastal living at its finest! This centrally located condominium in the heart of Long Beach offers the epitome of convenience, safety and sunny beaches. Now with the beach just moments away and easy access to downtown dining, entertainment, Pike shopping center, Queen Mary, Aquarium, Catalina express, Cal State Long Beach, Museum, schools, and major transportation routes including the 710 and 405 freeways. Nearby are bike paths along the L.A river, San Gabriel river and the beach. To feel at ease know that blocks away are the Police Department, Fire Department and the Court House. Inside, discover a welcoming open floor plan featuring a mix of laminate and tile floors, providing both style and functionality. The updated kitchen appliances make cooking a joy. Washer and dryer hook ups are located in the unit for easy access. This unit also includes 2 parking spaces which is highly desirable and additional 6 guest parking spaces, ensuring stress free parking. Stay comfortable year-round with the updated HVAC system, allowing you to enjoy your living space in any season. Additionally, with the HOA covering maintained common areas, insurance, trash, water, and cable, you can relax knowing that your needs are taken care of.This condominium is ready for you to move in and start enjoying all that Long Beach has to offer. Don't miss out on this fantastic opportunity - schedule your viewing today!

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January, 2016
Jan 15, 2016

Date

Sold (Public Records)

Public Records

$222,000

Price
December, 2011
Dec 14, 2011

Date

Sold (Public Records)

Public Records

$75,000

Price

Tax History for 505 W 5Th St #105

Assessed Value (2020): $240,297

Year	Land Value	Improved Value	Assessed Value
2020	$97,742	$142,555	$240,297

About 505 W 5Th St #105

Detailed summary of property

505 W 5Th St #105 is a condominium in Long Beach, CA 90802 and last sold on January 15, 2016 for $222,000. This condo has 1 bedrooms, 1 bathrooms, roughly 707 living square feet, and sits on an approximately 26,437 square foot lot. Homes in Long Beach are selling for a median price of $760,000 and a median price per square foot of $633. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 70.79% lower than the current median priced home. 505 W 5Th St #105 was last sold on January 15, 2016 for $222,000. Local nearby listings include 3755 Olive Ave, 1053 E Cartagena Dr and 527 Cedar Ave #2G. The average home in Long Beach, CA is selling in 54 days. There are currently 593 homes for sale in the Long Beach real estate market and 338 of them are single family homes while 242 of them are condos and 13 are townhomes. If you are the homeowner and looking to sell the home at 505 W 5Th St #105 Long Beach, CA 90802 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 505 W 5Th St #105

Public county record property details

Beds: 1
Baths: 1
Year built: 1987
Sq. Ft.: 707
Lot Size: 26,437
Stories: --

Type: Condominium Unit (Residential)
Pool: No
Spa: No
County: Los Angeles
Lot#: 1
APN: 7278-021-055

The source for these homes facts are from public records.

90802 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$530,000

Median List Price/Sq.Ft.

$627

Median Sold Price

$505,000

Median Sold Price/Sq.Ft.

$634

Total Inventory

124

Median Sale to List Price %

96.19%

Avg Days on Market

Loan Type

Conventional (50%), FHA (3.57%), VA (3.57%), Cash (28.57%), Other (10.71%)

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