535 Magnolia Ave #405 Long Beach, CA 90802

$370,000 Sold Price as of 09/01/2017

2 Beds
2 Baths
930 Sq.Ft.

Off Market

$370,000 Sold Price as of 09/01/2017 Refinance Your Mortgage

Map preview of 535 Magnolia Ave #405, Long Beach, CA 90802

Property Overview: 535 Magnolia Ave #405 Long Beach, CA has 2 bedrooms, 2 bathrooms, 930 living square feet and 34,911 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

535 Magnolia Ave #405 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 $780,000. The median price per/sqft for Long Beach is $646. 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 $156,000 for the down payment and will need roughly $15,600 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 $40,950. 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 535 Magnolia Ave #405

Last sold for $370,000 on September 1st, 2017

September, 2017
Sep 1, 2017

Date

Sold

CRMLS: PW17157276

$370,000

Price
Aug 15, 2017

Date

Pending

CRMLS: PW17157276

$374,900

Price
Jul 19, 2017

Date

Active Under Contract

CRMLS: PW17157276

$374,900

Price
Jul 13, 2017

Date

Active

CRMLS: PW17157276

$374,900

Price
Listing provided courtesy of CRMLS

Consider this condo your new home! This beautiful downtown Long Beach condo has been updated and is move-in ready. It has 2 large bedrooms, 2 baths, 2 parking spaces, and inside laundry. In addition, there are 3 outdoor balconies for outdoor entertaining. This top floor, corner unit, condo features engineered hardwood floors, high ceilings, and an open concept living/dining/kitchen. The updated kitchen has granite counter tops, maple cabinets, a breakfast bar, and stainless steel appliances. The master bedroom comes with a very large closet and an attached master bath. The 2nd bedroom has its own walk-in closet and the 2nd bathroom is nicely updated. This condo is located in downtown Long Beach and is within walking distance to Pine Ave restaurants, shops, cafes, the new Deukmejian Courthouse, the Long Beach convention center, The Pike, Ocean Blvd, and the Aquarium of the Pacific. Cal State Long Beach is minutes away, and there is easy access to the 710, 405, and 605 freeways.

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September, 2017
Sep 1, 2017

Date

Sold (Public Records)

Public Records

$370,000

Price
February, 2012
Feb 10, 2012

Date

Sold (Public Records)

Public Records

$115,000

Price

Tax History for 535 Magnolia Ave #405

Assessed Value (2020): $384,947

Year	Land Value	Improved Value	Assessed Value
2020	$240,748	$144,199	$384,947

About 535 Magnolia Ave #405

Detailed summary of property

535 Magnolia Ave #405 is a condominium in Long Beach, CA 90802 and last sold on September 1, 2017 for $370,000. This condo has 2 bedrooms, 2 bathrooms, roughly 930 living square feet, and sits on an approximately 34,911 square foot lot. Homes in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 54.82% lower than the current median priced home. 535 Magnolia Ave #405 was last sold on September 1, 2017 for $370,000. Local nearby listings include 335 Cedar Ave #105, 335 Cedar Ave #206 and 325 W 3rd St #502. The average home in Long Beach, CA is selling in 62 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. If you are the homeowner and looking to sell the home at 535 Magnolia Ave #405 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 535 Magnolia Ave #405

Public county record property details

Beds: 2
Baths: 2
Year built: 1990
Sq. Ft.: 930
Lot Size: 34,911
Stories: --

Type: Condominium Unit (Residential)
Pool: No
Spa: No
County: Los Angeles
Lot#: 1
APN: 7278-021-164

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

$559,000

Median List Price/Sq.Ft.

$660

Median Sold Price

$515,000

Median Sold Price/Sq.Ft.

$619

Total Inventory

174

Median Sale to List Price %

100.39%

Avg Days on Market

Loan Type

Conventional (60.71%), FHA (7.14%), VA (0%), Cash (14.29%), Other (17.86%)

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