Seller's Agent in 2013
John Gooding
Vista Sotheby's Int'l Realty
(562) 756-6500
2 in this area
33 Total Sales
121 Termino Ave Long Beach, CA 90803
Belmont Heights NeighborhoodEstimated Value: $1,764,000 - $1,943,000
5
Beds
2
Baths
2,683
Sq Ft
$688/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- Ocean Side of Highway 1
- Modern Architecture
- Fremont Elementary School Rated A
- Property is near public transit
- No HOA
About This Home
As of October 2013Mid century style duplex in fabulous Belmont Heights location with desirable 2 br & den/office Owner's home with approximately 1,860 square feet of living space with dual-sided fireplace in living & family room area. . This home features large bedrooms with a master suite in the rear. Spacious living room is ideal for entertaining. Upgraded kitchen has a separate laundry hookups. Front home was designed and built to support a 2nd story addition. Rear unit is a two bedroom 1.5 bath over the 4 car garage. This unique layout is highly desirable and in prisitine condition. There is a separate downstair laundry room for this unit as well. The rear yard separates the two dwellings and makes for an ideal living situation for both occupants. This elevated lot is in a prime location in the Heights and has great appeal for both an owner/occupant or investor who deisres stable long term tenants. Opportunity for upgrading and improvements is great!
Last Agent to Sell the Property
Vista Sotheby's Int'l Realty License #00479227 Listed on: 07/17/2013
Last Buyer's Agent
Grace Thibodeaux
Grace Elizondo, Broker License #01855783
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,928
Year Built
- Built in 1959
Lot Details
- 6,502 Sq Ft Lot
- Property fronts an alley
- No Common Walls
- Landscaped
- Rectangular Lot
- Paved or Partially Paved Lot
- Front Yard Sprinklers
Parking
- 4 Car Garage
- Parking Available
- Gentle Sloping Lot
- Assigned Parking
Home Design
- Modern Architecture
- Composition Roof
Interior Spaces
- 2,683 Sq Ft Home
- Family Room with Fireplace
- Living Room with Fireplace
- Den
- Carpet
- Ceramic Countertops
Bedrooms and Bathrooms
- 5 Bedrooms
- All Bedrooms Down
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Laundry in Kitchen
Outdoor Features
- Ocean Side of Highway 1
- Exterior Lighting
Location
- Property is near public transit
Utilities
- Central Heating
- Wall Furnace
- Sewer Paid
Listing and Financial Details
- Tenant pays for gas, trash collection
- Tax Lot 10
- Tax Tract Number 1
- Assessor Parcel Number 7256010011
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,200
- Insurance Expense $1,500
- Water Sewer Expense $1,800
- New Taxes Expense $11,000
- Gross Income $36,000
- Net Operating Income $20,250
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 15, 2019
Sold by
Friedrich Christine
Bought by
Friedrich Mark J
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 17, 2013
Closed on
Aug 14, 2013
Sold by
Triggs William and The Lorene Hayter Family Trust
Bought by
Friedrich Mark J
Seller's Agent
John Gooding
Vista Sotheby's Int'l Realty
Buyer's Agent
Grace Thibodeaux
Grace Elizondo, Broker
List Price
$999,500
Sold Price
$961,900
Premium/Discount to List
-$37,600
-3.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$625,500
Interest Rate
4.49%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 27, 2006
Sold by
Hayter Lorene and Lorene Balint Trust
Bought by
Hayter Lorene and Lorene Hayter Family Trust Of
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Friedrich Mark J | -- | Old Republic Title Company | |
| Friedrich Mark J | $962,000 | Fidelity National Title Co | |
| Hayter Lorene | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Friedrich Mark J | $686,000 | |
| Closed | Friedrich Mark J | $700,000 | |
| Closed | Friedrich Mark J | $603,000 | |
| Closed | Friedrich Mark J | $615,000 | |
| Previous Owner | Friedrich Mark J | $625,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/10/2013 10/10/13 | Sold | $961,900 | -3.8% | $359 / Sq Ft |
| 08/16/2013 08/16/13 | Pending | -- | -- | -- |
| 07/17/2013 07/17/13 | For Sale | $999,500 | -- | $373 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $14,928 | $1,179,270 | $612,928 | $566,342 |
| 2024 | $14,928 | $1,156,148 | $600,910 | $555,238 |
| 2023 | $14,682 | $1,133,479 | $589,128 | $544,351 |
| 2022 | $13,778 | $1,111,255 | $577,577 | $533,678 |
| 2021 | $13,426 | $1,089,466 | $566,252 | $523,214 |
| 2020 | $13,390 | $1,078,296 | $560,446 | $517,850 |
| 2019 | $13,233 | $1,057,154 | $549,457 | $507,697 |
| 2018 | $12,834 | $1,036,427 | $538,684 | $497,743 |
| 2016 | $11,797 | $996,183 | $517,767 | $478,416 |
| 2015 | $11,315 | $981,220 | $509,990 | $471,230 |
| 2014 | $11,228 | $962,000 | $500,000 | $462,000 |
Source: Public Records
Agents Affiliated with this Home
-
John Gooding
-
G
Buyer's Agent in 2013
Grace Thibodeaux
Grace Elizondo, Broker
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW13140164
APN: 7256-010-011
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