tomo logo

$439,000

Beds
1
Baths
1.0
sq ft
686

550 Orange Ave Unit 227, Long Beach, CA 90802

550 Orange Ave Unit 227

Long Beach, CA 90802

  • 3 days on market
Charming Condo in a gated community. This 1 bedroom 1 bath has in unit stacking washer/dryer, living room with fireplace, 2 walk in closets in bedroom and 2 sliding doors leading to the outdoor balcony overlooking the lushly planted open atrium. This open floor plan has tons of natural light and storage. One reserved parking space in secured underground garage. Located minutes from shopping, restaurants, and the beach.

Details

Property type

Condominium

Est. home value

$431,832

Lot size

2.1891 acres

Price per sq ft

$640

Year built

1985

Monthly HOA fee

$430.9

Price History

11/13/2024
CRMLS

CRMLS #OC24233170

Listed
$439,000
11/11/2024
CRMLS

CRMLS #OC24181728

Removed
$439,000
09/03/2024
CRMLS

CRMLS #OC24181728

Listed
$439,000
+20.27%

Schools & Community

Neighborhood: 

Hellman

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Long Beach Unified

Number of units in community: 

163

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$36,742
Asking price
$439,000
Closing costs (~8% of asking)
-$35,120
Est. remaining loan balance
-$367,138
Cash to seller
$36,742

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

August 2022

Original loan amount

$378,140

Est. remaining balance

$367,138

Interest rate

5.7%

Loan type

VA, 30 year

Seller

Cody Fields and Zach Magee

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/15/2024 at 6:00 PM

Listing updated: 11/14/2024 at 6:50 AM

Listed by: Jill Dalby, Primary Capital Phone #: (949) 533-6026

MLS: CRMLS #OC24233170

CRMLS logo

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