Seller's Agent in 2013
Philip DeMatteo
First Team Real Estate
(562) 506-1586
2 in this area
260 Total Sales
124 Prospect Ave Long Beach, CA 90803
Belmont Shore NeighborhoodEstimated Value: $1,722,000 - $2,257,888
4
Beds
4
Baths
2,598
Sq Ft
$773/Sq Ft
Est. Value
Highlights
- Laundry Room
- Level Lot
- Wall Furnace
- Lowell Elementary School Rated A-
About This Home
As of August 2013ALL FOUR LARGE ONE BEDROOM UNITS ARE THE SAME SIZE WITH HUGE WALK IN CLOSETS, ENTRY COAT CLOSETS, LINEN CLOSETS, EAT IN KITCHENS AND FULL BATHROOMS, HARDWOOD FLOORS DOWNSTAIRS, CARPET UPSTAIRS, UPPER FRONT UNIT HAS NICE TREES VIEW FACING WEST GETS $1,150/MO, UPPER BACK UNIT GETS $1,010, LOWER BACK UNIT GETS $1,050. AND LOWER FRONT GETS $1,150. OTHER INCOME $500 PLUS COIN OPP LAUNDRY. ALL SHARE SECOND FLOOR SUNDECK. TIME TO MAKE PROSPECT PLACE YOUR OWN...
Last Agent to Sell the Property
First Team Real Estate License #01384378 Listed on: 05/25/2013
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1947
Lot Details
- 3,162 Sq Ft Lot
- 1 Common Wall
- Level Lot
Parking
- 2 Car Garage
Home Design
- 2,598 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
Utilities
- Wall Furnace
- Sewer Paid
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 3750
- Assessor Parcel Number 7256029006
Community Details
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $840
- Insurance Expense $100
- Trash Expense $240
- Water Sewer Expense $600
- New Taxes Expense $14,135
- Gross Income $4,900
- Net Operating Income $42,405
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 25, 2013
Closed on
Jul 18, 2013
Sold by
Dematteo Larry A
Bought by
Forsythe Bertha M and Forsythe Family Trust/Bypass Trust
Seller's Agent
Philip DeMatteo
First Team Real Estate
Buyer's Agent
Dale Jervis
Century 21 Jervis & Associates
List Price
$1,174,900
Sold Price
$1,105,000
Premium/Discount to List
-$69,900
-5.95%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$903,972
Avg. Annual Appreciation
4.96%
Purchase Details
Closed on
May 13, 2004
Sold by
Willoughby Byron and Willoughby Janice Lyn
Bought by
Dematteo Larry A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,479
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 13, 2004
Sold by
Dematteo Linda Janelle
Bought by
Dematteo Larry A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,479
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 25, 2000
Sold by
Trust Willoughby Byron Tr Byron Willough
Bought by
Willoughby Byron
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Forsythe Bertha M | $1,105,000 | Title 365 | |
| Dematteo Larry A | $264,000 | -- | |
| Dematteo Larry A | -- | -- | |
| Dematteo Philip A | -- | -- | |
| Willoughby Byron | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Dematteo Larry A | $157,479 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/27/2013 08/27/13 | Sold | $1,105,000 | -5.9% | $425 / Sq Ft |
| 06/28/2013 06/28/13 | Pending | -- | -- | -- |
| 05/25/2013 05/25/13 | For Sale | $1,174,900 | -- | $452 / 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 | $17,254 | $1,354,569 | $619,057 | $735,512 |
| 2024 | $17,254 | $1,328,010 | $606,919 | $721,091 |
| 2023 | $16,962 | $1,301,971 | $595,019 | $706,952 |
| 2022 | $15,916 | $1,276,443 | $583,352 | $693,091 |
| 2021 | $15,601 | $1,251,415 | $571,914 | $679,501 |
| 2019 | $15,378 | $1,215,199 | $554,951 | $660,248 |
| 2018 | $14,992 | $1,191,390 | $544,070 | $647,320 |
| 2016 | $13,797 | $1,144,264 | $522,944 | $621,320 |
| 2015 | $13,239 | $1,127,077 | $515,089 | $611,988 |
| 2014 | $13,147 | $1,105,000 | $505,000 | $600,000 |
Source: Public Records
Agents Affiliated with this Home
-
Philip DeMatteo
-
Dale Jervis
Buyer's Agent in 2013
Dale Jervis
Century 21 Jervis & Associates
(562) 862-2226
1 in this area
82 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW13098227
APN: 7256-029-006
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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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