Seller's Agent in 2017
Autumn Anderson
WGroup Realtors
(562) 449-7607
41 Total Sales
216 Park Ave Unit B Long Beach, CA 90803
Belmont Shore NeighborhoodEstimated Value: $1,833,000 - $2,064,000
5
Beds
3
Baths
2,586
Sq Ft
$741/Sq Ft
Est. Value
Highlights
- Property is near park
- Spanish Architecture
- Private Yard
- Lowell Elementary School Rated A-
- Park or Greenbelt View
- 2-minute walk to Livingston Drive Park
About This Home
As of October 2017Location, Location, Location! Highly sought after & rare Spanish style Duplex in the heart of Belmont Shore. This IS where everyone wants to be! Rental rates are great, & area vacancy rates are super low with NO rent control. Owner kept it in impeccable condition. The upstairs was the owners unit featuring a large 3 bed/ 2 full bath large 1,473 sq/ft., estimated, (currently 3rd bedroom being used as a family room). Downstairs is the same layout, just does not have the 3rd room, estimated at 1,173 sq/ft. Each unit features a large living room, formal dining room, & individual laundry room off the kitchen. Front is fully landscaped, and there is also a back patio area, and 2 single car garages (garages can be rented separately to increase the income potential). This Duplex could be converted to a spacious single family home too! Click the link to watch the 3D Tour. This is a great property to owner occupy, while having a great income to help with the mortgage. Belmont shore is a huge hot spot for restaurants, entertainment, shopping, and enjoying the beach. Buy now while interest rates are still low. Pride of ownership shows with this property. Stop by and see it today.
Last Agent to Sell the Property
WGroup Realtors License #01429170 Listed on: 07/05/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1929
Lot Details
- 2,952 Sq Ft Lot
- No Common Walls
- West Facing Home
- Block Wall Fence
- Private Yard
- Lawn
Parking
- 2 Car Garage
- Parking Available
- Rear-Facing Garage
- Side by Side Parking
- Single Garage Door
Home Design
- Duplex
- Spanish Architecture
Interior Spaces
- 2,586 Sq Ft Home
- 2-Story Property
- Living Room
- Living Room Balcony
- Carpet
- Park or Greenbelt Views
- Laundry Room
Kitchen
- Gas Range
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- Jack-and-Jill Bathroom
- 3 Bathrooms
Utilities
- Floor Furnace
- Sewer Paid
Additional Features
- Doors swing in
- Property is near park
Listing and Financial Details
- Legal Lot and Block 3 / 14
- Tax Tract Number 3885
- Assessor Parcel Number 7249034002
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 1 Leased Unit
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,879
- Trash Expense $570
- Water Sewer Expense $570
- New Taxes Expense $17,320
- Operating Expense $25,973
- Gross Income $5,500
- Net Operating Income $40,027
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 5, 2017
Closed on
Aug 30, 2017
Sold by
Kennedy Martin A and Kennedy Family Trust
Bought by
Sachs Gabriel K and Sachs Debra Ann
Seller's Agent
Autumn Anderson
WGroup Realtors
Buyer's Agent
Alexis Nassif
Compass
List Price
$1,450,000
Sold Price
$1,370,000
Premium/Discount to List
-$80,000
-5.52%
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
$545,941
Avg. Annual Appreciation
4.04%
Original Mortgage
$959,000
Outstanding Balance
$799,106
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$1,116,835
Purchase Details
Closed on
Sep 14, 2012
Sold by
Kennedy Patricia J
Bought by
Kennedy Patricia J and Kennedy 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
$388,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 13, 2012
Sold by
Kennedy Patricia J and Kennedy Family Trust
Bought by
Kennedy Patricia J and Kennedy Family Trust
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sachs Gabriel K | $1,370,000 | Chicago Title Company | |
| Kennedy Patricia J | -- | None Available | |
| Kennedy Patricia J | -- | Ortc | |
| Kennedy Patricia J | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sachs Gabriel K | $959,000 | |
| Previous Owner | Kennedy Patricia J | $388,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/11/2017 10/11/17 | Sold | $1,370,000 | -5.5% | $530 / Sq Ft |
| 08/31/2017 08/31/17 | Pending | -- | -- | -- |
| 07/05/2017 07/05/17 | For Sale | $1,450,000 | -- | $561 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $19,462 | $1,558,821 | $1,024,044 | $534,777 |
| 2024 | $19,462 | $1,528,257 | $1,003,965 | $524,292 |
| 2023 | $19,140 | $1,498,292 | $984,280 | $514,012 |
| 2022 | $17,951 | $1,468,915 | $964,981 | $503,934 |
| 2021 | $17,606 | $1,440,113 | $946,060 | $494,053 |
| 2019 | $17,354 | $1,397,400 | $918,000 | $479,400 |
| 2018 | $16,924 | $1,370,000 | $900,000 | $470,000 |
| 2016 | $8,461 | $709,440 | $451,118 | $258,322 |
| 2015 | $8,118 | $698,784 | $444,342 | $254,442 |
| 2014 | $8,058 | $685,096 | $435,638 | $249,458 |
Source: Public Records
Agents Affiliated with this Home
-
Autumn Anderson
-
Cassidy Tutt
Seller Co-Listing Agent in 2017
Cassidy Tutt
WGroup Realtors
(562) 449-7607
49 Total Sales
-
Alexis Nassif
A
Buyer's Agent in 2017
Alexis Nassif
Compass
(818) 384-3547
12 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW17152490
APN: 7249-034-002
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.
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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