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$431,832Estimated home value

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

  • Sold On 8/24/2022
    • Price drop $10,000↓
Welcome home to this charming condo in a gated community. This 1 bedroom 1 bathroom has in unit stacking washer/dryer, living room fireplace, 2 walk in closets in bedroom, and 2 sliding doors open to the outdoor balcony overlooking the lushly planted open atrium. Entertain by the pool, hot tub and lounging area. One reserved parking space in secured underground garage. Located just minutes from shopping, restaurants, Aquarium of the Pacific, and the beach. Don’t miss out on this great property!

Details

Property type

Condominium

Est. home value

$431,832

Lot size

2.1886 acres

Price per sq ft

$582

Year built

1985

Monthly HOA fee

$348

Price History

11/11/2024
CRMLS

CRMLS #OC24181728

Removed
$439,000
09/03/2024
CRMLS

CRMLS #OC24181728

Listed
$439,000
+20.27%
08/23/2022
CRMLS

CRMLS #SB22085878

Sold
$365,000

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

-$58
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$367,138
Cash to seller
-$58

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?

Status: Off Market

Tomo last checked: 11/12/2024 at 4:05 PM

Listing updated: 05/04/2023 at 6:08 AM

Listed by: Eddie Booth, Worldwide Realty Phone #: (310) 791-7700

MLS: CRMLS #SB22085878

CRMLS logo

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