NOT LISTED FOR SALE

Estimated Value: $1,454,869 - $1,659,000

2 Beds
2 Baths
1,360 Sq Ft
$1,143/Sq Ft Est. Value

Last Sold March 01, 2019

Last sale price $1,175,000 $864 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $9,343/month

129 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Laundry Room
  • Naples Bayside Academy Rated A
  • Fireplace
  • Central Air

About This Home

As of March 2019

Location Location, Welcome to 114 Granada Ave. This lovely cottage in downtown Belmont Shores area of Long Beach has everything you could ask for to live comfortably, entertain in style, one block from the beach you smell the ocean air, or cruise 2nd Streets shops & eateries, entertainment etc. This home has been converted into a 3 bedroom 2 1/2 bath (non permitted) is a charming home as it stands although most will see a great investment opportunity, amazing potential for this Double Wide lot: Legal description is LOTS 8 & 9. Buyer to do all checks with City for planning. Note 3rd bedroom, 3rd. (master) 1/2 bath not permitted. Selling AS-IS

Last Agent to Sell the Property

Justin Schaller

Lion Heart Realty License #01457879 Listed on: 08/22/2018

Last Buyer's Agent

Brian Rambeau

VasTree Real Estate License #01994465

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 4,514 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LBR2S

Parking

  • 2 Car Garage

Interior Spaces

  • 1,360 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5500
  • Tax Tract Number 3750
  • Assessor Parcel Number 7247015008

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

4,514 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Belmont Shore (BSD)
  • View: Yes
  • Zoning: LBR2S
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7247015008
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1360.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 863.97
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4514.00
  • Lot Size Acres: 0.1036

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4514.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5773.00
  • Tax Lot: 5500
  • Tax Tract Number: 3750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2018
Closed on
Feb 11, 2019
Sold by
Shaw Rex John and Shaw Maureen Mary
Bought by
Rambeau Michael
Seller's Agent
Justin Schaller
Lion Heart Realty
Buyer's Agent
Brian Rambeau
VasTree Real Estate
List Price
$1,299,900
Sold Price
$1,175,000
Premium/Discount to List
-$124,900
-9.61%
Current Estimated Value
$1,553,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,967
Avg. Annual Appreciation
4.10%
Original Mortgage
$900,000
Outstanding Balance
$825,774
Interest Rate
7.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$728,193

Purchase Details

Closed on
Apr 10, 2008
Sold by
Shaw Rex J and Shaw Maureen M
Bought by
Shaw Rex John

Purchase Details

Closed on
Nov 18, 2004
Sold by
Sorenson Ronald James
Bought by
Shaw Rex J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rambeau Michael $1,175,000 Ticor Title National Commerc
Shaw Rex John -- None Available
Shaw Rex J $1,100,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rambeau Michael $900,000
Previous Owner Shaw Rex J $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2019 03/01/19 Sold $1,175,000 -6.0% $864 / Sq Ft
12/29/2018 12/29/18 Pending -- -- --
09/20/2018 09/20/18 Price Changed $1,249,900 -3.8% $919 / Sq Ft
08/22/2018 08/22/18 For Sale $1,299,900 -- $956 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,341 $1,310,731 $1,048,586 $262,145
2024 $16,341 $1,285,031 $1,028,026 $257,005
2023 $16,109 $1,259,835 $1,007,869 $251,966
2022 $15,071 $1,235,133 $988,107 $247,026
2021 $14,788 $1,210,916 $968,733 $242,183
2019 $1,437 $1,056,000 $671,000 $385,000
2018 $13,033 $1,056,000 $671,000 $385,000
2016 $11,278 $953,000 $606,000 $347,000
2015 $10,977 $953,000 $606,000 $347,000
2014 $11,101 $953,000 $606,000 $347,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18204709

California Regional Multiple Listing Service (CRMLS)

APN: 7247-015-008

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