tomo logo

$595,000

Beds
3
Baths
2.0
sq ft
1,155

555 Maine Ave Unit 204, Long Beach, CA 90802

555 Maine Ave Unit 204

Long Beach, CA 90802

  • 3 days on market
Welcome to your new home in the heart of Long Beach, CA! This beautiful three-bedroom, two-bathroom condo features modern comfort with urban convenience. Enjoy a bright, open living space that flows to a wrap-around balcony—perfect for relaxing. The kitchen features luxury vinyl flooring, quartz countertops, stainless steel appliances, and plenty of cabinet space. The primary bedroom has direct balcony access, while the other bedrooms are ideal for guests, a home office, or a gym. Additional features include in-unit laundry. Emerald Villas amenities include a rooftop deck, pool, spa, gym, courtyard, and secure parking. You're a quick drive to Long Beach Airport and Belmont Pier, with shops and entertainment within walking distance. With its prime location and walkability, this home is perfect for anyone seeking a stylish urban lifestyle in Downtown Long Beach. Visit us soon.

Details

Property type

Condominium

Est. home value

$562,936

Property condition

Updated/Remodeled

Lot size

1.247 acres

Price per sq ft

$516

Year built

1991

Monthly HOA fee

$391

Price History

10/10/2024
CRMLS

CRMLS #PW24205473

Listed
$595,000
+36.78%
12/03/2018
CRMLS

CRMLS #CV18177852

Sold
$435,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Cesar Chavez

Middle school: 

Washington

High school: 

Cabrillo

Community features: 

Curbs, Street Lights, Sidewalks, Park

High school district: 

Long Beach Unified

Number of units in community: 

123

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

$287,543
Asking price
$595,000
Closing costs (~8% of asking)
-$47,600
Est. remaining loan balance
-$259,857
Cash to seller
$287,543

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

Seller’s Loan History

Lender

Winnpointe Corporation

Loan start date

April 2021

Original loan amount

$324,000

Est. remaining balance

$259,857

Interest rate

2.34%

Loan type

New Conventional, 15 year

Seller

Sowjanya Alokam and Hari K Katragadda

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: Active

Tomo last checked: 10/12/2024 at 6:15 PM

Listing updated: 10/11/2024 at 6:41 AM

Listed by: Joe Galla, Ray Kottapalli Phone #: (562) 659-4518

MLS: CRMLS #PW24205473

CRMLS logo

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