NOT LISTED FOR SALE

208 Nieto Ave Long Beach, CA 90803

Belmont Shore Neighborhood

Estimated Value: $1,215,753 - $1,313,000

2 Beds
1 Bath
910 Sq Ft
$1,403/Sq Ft Est. Value

Last Sold August 03, 2020

Last sale price $885,000 $973 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $7,697/month

272 Days on Market

Highlights

  • Spanish Architecture
  • Two Homes on a Lot
  • Tankless Water Heater
  • Lowell Elementary School Rated A-
  • Laundry Room
  • French Doors

About This Home

As of August 2020

Beautiful spanish style 2 homes on one lot in Belmont Shores. 2 bedroom 1 bath front home with 910 sq. ft. remodled with hard wood floors, custom cabinets, soapstone counters and travertine bath. Studio back home with over 230 sq. ft. remodeled with Murphy bed, travertine shower, within walking distance to beach, very close to shopping and restaurants. Both units have tankless water heaters, upgraded electrical panels with 220 service to front home. Single car garage, ally and street parking.

Last Agent to Sell the Property

Doug Needham

Coastal View Property License #01467779 Listed on: 10/22/2019

Last Buyer's Agent

Paul Munoz

Freemanfoxx Realty License #01223120

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,006

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 3,055 Sq Ft Lot
  • No Common Walls
  • West Facing Home
  • Fenced

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door
  • On-Street Parking

Home Design

  • Spanish Architecture

Interior Spaces

  • 1-Story Property
  • French Doors
  • Tile Flooring
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Dishwasher

Additional Homes

  • Two Homes on a Lot

Utilities

  • Wall Furnace
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 7249027008

Community Details

Overview

  • 2 Units
  • Belmont Shore Subdivision

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,006

Year Built

Built in 1924 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • View: No
  • Zoning: LBR2S
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 7249027008
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Door Features: French Doors
  • Levels: One
  • Price Per Square Foot: 833.25

Exterior Features

  • Direction Faces: West
  • Other Structures: Two On A Lot
  • Fence: Yes
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door, Street
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Tankless Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3055.00
  • Lot Size Acres: 0.0701

Multi Family

  • Lot Size Area: 3055.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2019
Closed on
Jun 19, 2020
Sold by
Shumate Lora and Holly Clark Trust
Bought by
Fierro Pedro
Seller's Agent
Doug Needham
Coastal View Property
Buyer's Agent
Paul Munoz
Freemanfoxx Realty
List Price
$1,100,000
Sold Price
$885,000
Premium/Discount to List
-$215,000
-19.55%
Current Estimated Value
$1,276,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,688
Avg. Annual Appreciation
7.24%
Original Mortgage
$868,970
Outstanding Balance
$768,825
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$507,863

Purchase Details

Closed on
Oct 3, 2017
Sold by
Clark Holly R
Bought by
Clark Holly Rachelle and Holly Clark Trust

Purchase Details

Closed on
Feb 7, 2014
Sold by
Glade Alex
Bought by
Clark Holly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,872
Interest Rate
4.25%
Mortgage Type
FHA
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
Fierro Pedro $885,000 First American Title Company
Clark Holly Rachelle -- None Available
Clark Holly R $780,000 North American Title Company
Glade Alex -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fierro Pedro $868,970
Previous Owner Clark Holly R $765,872
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2020 08/03/20 Sold $885,000 -6.8% $973 / Sq Ft
04/13/2020 04/13/20 Price Changed $949,900 -2.6% $1,044 / Sq Ft
04/01/2020 04/01/20 Price Changed $974,900 -11.4% $1,071 / Sq Ft
10/22/2019 10/22/19 For Sale $1,100,000 +41.0% $1,209 / Sq Ft
04/11/2014 04/11/14 Sold $780,000 -2.5% $679 / Sq Ft View Prior Sale
02/05/2014 02/05/14 Pending -- -- --
01/02/2014 01/02/14 For Sale $799,900 +2.6% $697 / Sq Ft
01/02/2014 01/02/14 Off Market $780,000 -- --
08/09/2013 08/09/13 For Sale $799,900 -- $697 / Sq Ft
Source: Ventura County Regional Data Share

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 $12,006 $957,950 $766,361 $191,589
2024 $12,006 $939,168 $751,335 $187,833
2023 $11,806 $920,753 $736,603 $184,150
2022 $11,074 $902,700 $722,160 $180,540
2021 $10,865 $885,000 $708,000 $177,000
2020 $10,818 $874,293 $560,446 $313,847
2019 $10,691 $857,151 $549,457 $307,694
2018 $10,397 $840,345 $538,684 $301,661
2016 $9,572 $807,716 $517,767 $289,949
2015 $9,180 $795,584 $509,990 $285,594
2014 $3,047 $254,007 $186,809 $67,198
Source: Public Records

Agents Affiliated with this Home

  • Doug Needham

    Seller's Agent in 2020

    Doug Needham

    Coastal View Property

    (805) 932-3200

    40 Total Sales

    Doug Needham
    Section Image
  • Paul Munoz

    Buyer's Agent in 2020

    Paul Munoz

    Freemanfoxx Realty

    (213) 595-7231

    65 Total Sales

    Paul Munoz
    Section Image
  • Cynthia Voss

    Seller's Agent in 2014

    Cynthia Voss

    RE/MAX

    (562) 884-3930

    1 in this area

    31 Total Sales

    Cynthia Voss
    Section Image
  • Stephen Demos

    Buyer's Agent in 2014

    Stephen Demos

    Coldwell Banker Realty

    (714) 504-0044

    2 in this area

    34 Total Sales

    Stephen Demos
    Section Image
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Map

Source: Ventura County Regional Data Share

MLS Number: V0-219012949

Ventura County Regional Data Share

APN: 7249-027-008

California Los Angeles County Long Beach 90803 Belmont Shore

208 Nieto Ave, Long Beach, CA

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