NOT LISTED FOR SALE

211 Park Ave Long Beach, CA 90803

Belmont Shore Neighborhood

Estimated Value: $1,690,000 - $2,458,000

6 Beds
3 Baths
2,782 Sq Ft
$724/Sq Ft Est. Value

Last Sold October 27, 2014

Last sale price $1,150,000 $413 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $11,968/month

33 Days on Market

Highlights

  • Marina
  • 4 Car Garage
  • 2-minute walk to Livingston Drive Park
  • Lowell Elementary School Rated A-

About This Home

As of October 2014

Large beautifully updated duplex in the heart of Belmont Shore. Upper unit is approximately 1900 SF with three bedrooms, two full baths and large family room with fireplace. Unit also has large wood deck/patio with views of Livingston Park and mature eucalyptus trees. Entire unit has high cathedral ceilings and is very light and bright. Flooring includes marble in living room, carpet and tile. Downstairs unit is approximately 900 SF 3 bedrooms with 1 1/2 baths, separate dining room and enclosed private front patio. Property has ample parking with four car garage (tandem parking) and one separate single car garage. Walk to nearby restaurants, shops, Mothers Beach, Pier and Livingston Park.

Last Agent to Sell the Property

Mark Wilson

Coldwell Banker Realty License #00993746 Listed on: 08/05/2014

Coldwell Banker Realty

Last Buyer's Agent

Josh Royer

Kratos Realty Group License #01774795

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 2,880 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • 2,782 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 3885
  • Assessor Parcel Number 7256021008

Community Details

Overview

  • 2 Units

Recreation

  • Marina

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • New Taxes Expense $13,750
  • Gross Income $53,940
  • Net Operating Income $43,252

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Belmont Shore (BSD)
  • Property Type: Residential Income
  • Parcel Number: 7256021008
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 413.37

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2880.00
  • Lot Size Acres: 0.0660

Multi Family

  • Gross Income: 53940.00
  • Gross Scheduled Income: 53940.00
  • Lot Size Area: 2880.0000 Square Feet
  • Net Operating Income: 43252.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 10688.00
  • Rent Control: No
  • Waterfront Features: Marina in Community

Tax Info

  • New Taxes Expense: 13750.00
  • Tax Lot: 5
  • Tax Tract Number: 3885

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2016
Sold by
Quan Millie and The Millie Quan Family Trust
Bought by
Quan Millie
Current Estimated Value
$2,013,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$788,000
Outstanding Balance
$627,308
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$1,385,912

Purchase Details

Closed on
Feb 20, 2015
Sold by
Quan Millie and Quan Jeffrey Hung
Bought by
Quan Millie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,700
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2015
Sold by
Quan Millie
Bought by
Quan Millie and Millie Quan Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,700
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 5, 2014
Closed on
Oct 21, 2014
Sold by
Quan Millie
Bought by
Quan Millie and Quan Jeffrey Hung
Seller's Agent
Mark Wilson
Coldwell Banker Realty
Buyer's Agent
Josh Royer
Kratos Realty Group
List Price
$1,100,000
Sold Price
$1,150,000
Premium/Discount to List
$50,000
4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%
Original Mortgage
$800,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 5, 2014
Closed on
Sep 23, 2014
Sold by
Rossi Eugene P and Rossi Adriana
Bought by
Quan Millie
Seller's Agent
Mark Wilson
Coldwell Banker Realty
Buyer's Agent
Josh Royer
Kratos Realty Group
List Price
$1,100,000
Sold Price
$1,150,000
Premium/Discount to List
$50,000
4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.1%
Mortgage Type
New Conventional
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
Quan Millie -- Ticor Title Company Of Ca
Quan Millie -- Accommodation
Quan Millie -- Pct
Quan Millie -- None Available
Quan Millie -- Old Republic Title Company
Quan Millie $1,150,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quan Millie $788,000
Closed Quan Millie $800,700
Closed Quan Millie $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2014 10/27/14 Sold $1,150,000 +4.5% $413 / Sq Ft
09/07/2014 09/07/14 Pending -- -- --
08/05/2014 08/05/14 For Sale $1,100,000 -- $395 / 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 $17,285 $1,382,117 $961,476 $420,641
2024 $17,285 $1,355,018 $942,624 $412,394
2023 $17,001 $1,328,450 $924,142 $404,308
2022 $15,946 $1,302,403 $906,022 $396,381
2021 $15,637 $1,276,866 $888,257 $388,609
2019 $15,414 $1,238,996 $861,912 $377,084
2018 $15,026 $1,214,703 $845,012 $369,691
2016 $13,814 $1,167,537 $812,200 $355,337
2015 $13,249 $1,150,000 $800,000 $350,000
2014 $7,935 $669,355 $420,976 $248,379
Source: Public Records

Agents Affiliated with this Home

  • Mark Wilson

    Seller's Agent in 2014

    Mark Wilson

    Coldwell Banker Realty

    (804) 304-8028

    1 Total Sale

    Mark Wilson
    Section Image

  • J

    Buyer's Agent in 2014

    Josh Royer

    Kratos Realty Group

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14166783

California Regional Multiple Listing Service (CRMLS)

APN: 7256-021-008

California Los Angeles County Long Beach 90803 Belmont Shore

211 Park Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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