NOT LISTED FOR SALE

116 Nieto Ave Long Beach, CA 90803

Belmont Shore Neighborhood

Estimated Value: $1,126,000 - $1,296,000

2 Beds
1 Bath
1,040 Sq Ft
$1,192/Sq Ft Est. Value

Last Sold October 22, 2019

Last sale price $810,000 $779 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $7,674/month

8 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Neighborhood Views
  • Naples Bayside Academy Rated A
  • No HOA
  • Beamed Ceilings

About This Home

As of October 2019

Fantastic FIXER on an oversized lot in the heart of Belmont Shore! This 2 bedroom, 1 bathroom 1,040 square foot home is located on a 3,375 square foot lot. This property would be great for an investor looking to build a larger home or a homeowner looking to revitalize a Spanish charmer. If you are looking for a home to restore, this house has a beautiful front design, lovely wood floors, fantastic ceilings and other period details. The home is being SOLD AS IS. Seller will make no repairs.

Last Agent to Sell the Property

Kendra Miller

Keller Williams Coastal Prop. License #01396646 Listed on: 09/12/2019

Keller Williams Coastal Prop.

Last Buyer's Agent

Bryan Stephens

Renown Realty & Property Manag License #01762146

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,048

Year Built

  • Built in 1927

Lot Details

  • 3,375 Sq Ft Lot
  • Property is zoned LBR2S

Parking

  • On-Street Parking

Home Design

  • Spanish Architecture
  • Fixer Upper
  • Raised Foundation
  • Stucco

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Beamed Ceilings
  • Coffered Ceiling
  • Neighborhood Views

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Floor Furnace
  • Natural Gas Connected

Additional Features

  • No Interior Steps
  • Exterior Lighting

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 9 / 25
  • Tax Tract Number 3750
  • Assessor Parcel Number 7247014009

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,048

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Belmont Shore (BSD)
  • View: Yes
  • Zoning: LBR2S
  • Architectural Style: Spanish
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7247014009
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1040.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, Coffered Ceiling(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Accessibility Features: No Interior Steps
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 778.85
  • Room Type: All Bedrooms Down
  • Bathroom Features: Shower In Tub

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Electric: Electricity - On Property
  • Heating Type: Floor Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 3375.00
  • Lot Size Acres: 0.0775

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3375.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 25
  • Tax Census Tract: 5773.00
  • Tax Lot: 9
  • Tax Tract Number: 3750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2020
Sold by
Palomares Mara Lissette Ramirez and Hernandez Ignacio
Bought by
Hernandez Ignacio and Hernandez Mara Lissette
Current Estimated Value
$1,239,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Outstanding Balance
$57,251
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$1,198,839

Purchase Details

Listed on
Sep 12, 2019
Closed on
Sep 24, 2019
Sold by
Duvall Michael Orion
Bought by
Hernandez Ignacio and Palomares Mara Lissette Ramirez
Seller's Agent
Kendra Miller
Keller Williams Coastal Prop.
Buyer's Agent
Bryan Stephens
Renown Realty & Property Manag
List Price
$795,000
Sold Price
$810,000
Premium/Discount to List
$15,000
1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%
Original Mortgage
$648,000
Interest Rate
3.4%

Purchase Details

Closed on
May 8, 2014
Sold by
Weisner Phyllis and The Michael Duvall Trust
Bought by
Duvall Michael Orion

Purchase Details

Closed on
Oct 31, 2012
Sold by
Duvall Michael R
Bought by
Duvall Michael Raymond and The Michael Duvall Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2012
Sold by
Duvall Michael R and Duvall Michael R
Bought by
Duvall Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,500
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Hernandez Ignacio -- Progressive Title
Hernandez Ignacio $810,000 Old Republic Title Company
Duvall Michael Orion -- Old Republic Title Company
Duvall Michael Orion -- None Available
Duvall Michael Raymond -- None Available
Duvall Michael R -- Chicago Title Company
Duvall Michael R -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Ignacio $64,000
Previous Owner Hernandez Ignacio $648,000
Previous Owner Duvall Michael R $360,500
Previous Owner Duvall Michael R $100,000
Previous Owner Duvall Michael R $215,000
Previous Owner Duvall Michael R $66,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2019 10/22/19 Sold $810,000 +1.9% $779 / Sq Ft
09/12/2019 09/12/19 For Sale $795,000 -- $764 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $11,048 $885,849 $708,681 $177,168
2024 $11,048 $868,481 $694,786 $173,695
2023 $10,862 $851,453 $681,163 $170,290
2022 $10,188 $834,758 $667,807 $166,951
2021 $9,992 $818,391 $654,713 $163,678
2020 $10,050 $810,000 $648,000 $162,000
2019 $1,331 $90,268 $82,167 $8,101
2018 $1,246 $88,499 $80,556 $7,943
2017 $1,231 $86,765 $78,977 $7,788
2016 $1,143 $85,065 $77,429 $7,636
2015 $1,101 $83,788 $76,266 $7,522
2014 $1,100 $82,148 $74,773 $7,375
Source: Public Records

Agents Affiliated with this Home

  • Kendra Miller

    Seller's Agent in 2019

    Kendra Miller

    Keller Williams Coastal Prop.

    (562) 439-8835

    27 in this area

    113 Total Sales

    Kendra Miller
    Section Image

  • B

    Buyer's Agent in 2019

    Bryan Stephens

    Renown Realty & Property Manag

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19217979

California Regional Multiple Listing Service (CRMLS)

APN: 7247-014-009

California Los Angeles County Long Beach 90803 Belmont Shore

116 Nieto Ave, Long Beach, CA

This home is located at 116 Nieto Ave, Long Beach, CA 90803 since 12 September 2019 and is currently estimated at $1,239,251, approximately $1,191 per square foot. This property was built in 1927. 116 Nieto Ave is a home located in Los Angeles County with nearby schools including Naples Bayside Academy, Rogers Middle School, and Woodrow Wilson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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