NOT LISTED FOR SALE

Estimated Value: $986,873 - $1,083,000

4 Beds
2 Baths
1,536 Sq Ft
$669/Sq Ft Est. Value

Sale Details

Date Sold: July 20, 2012

Last sale price $370,000 $241 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $6,077 / mo

2 Days on Market

Highlights

  • Traditional Architecture
  • Stanford Middle School Rated A-
  • No Heating

About This Home

As of July 2012

This home is located at 2340 Belmont Ave, Long Beach, CA 90815 since 01 May 2012 and is currently estimated at $1,027,968, approximately $669 per square foot. This property was built in 1944. 2340 Belmont Ave is a home located in Los Angeles County with nearby schools including Bixby Elementary School, Stanford Middle School, and Woodrow Wilson High School.

Last Agent to Sell the Property

Joanne Kootsikas

Joanne Kootsikas, Broker License #01245744 Listed on: 05/01/2012

Last Buyer's Agent

Steven Lamb

Long Beach Real Estate License #01416452

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 6,339

Parking

  • 2 Parking Spaces

Home Design

  • 1,536 Sq Ft Home
  • Traditional Architecture
  • Stucco

Additional Features

  • 6,339 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Tract Number 11451
  • Assessor Parcel Number 7218005005

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

6,339 Sq Ft Lot

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 7218005005
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 240.89

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6339.00
  • Lot Size Acres: 0.1460

Multi Family

  • Lot Size Area: 6339.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Tax Info

  • Tax Area: 5500
  • Tax Lot: 0.
  • Tax Tract Number: 11451

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2012
Sold by
Bought by
Current Estimated Value
$1,027,968

Purchase Details

Listed on
May 1, 2012
Closed on
Jul 11, 2012
Sold by
Bought by
Seller's Agent
Joanne Kootsikas
Joanne Kootsikas, Broker
Buyer's Agent
Steven Lamb
Long Beach Real Estate
List Price
$399,000
Sold Price
$370,000
Premium/Discount to List
-$29,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%
Original Mortgage
$277,500
Outstanding Balance
$191,191
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$836,777

Purchase Details

Listed on
May 1, 2012
Closed on
Jul 5, 2012
Sold by
Bought by
Seller's Agent
Joanne Kootsikas
Joanne Kootsikas, Broker
Buyer's Agent
Steven Lamb
Long Beach Real Estate
List Price
$399,000
Sold Price
$370,000
Premium/Discount to List
-$29,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Outstanding Balance
$191,191
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$836,777

Purchase Details

Closed on
Sep 9, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
4.45%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Aug 26, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
4.45%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Feb 16, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
6.07%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Aug 12, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
3.31%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Accommodation
-- Ticor Title Tustin Orange
$370,000 Ticor Title Tustin Orange
-- Accommodation
-- Lawyers Title
-- Lawyers Title Company
-- Lawyers Title Company
-- Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $277,500
Previous Owner $637,500
Previous Owner $544,185
Previous Owner $356,250
Closed $356,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/20/2012 07/20/12 Sold $370,000 -7.3% $241 / Sq Ft
05/03/2012 05/03/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $399,000 -- $260 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,292 $455,614 $320,165 $135,449
2024 $6,037 $446,682 $313,888 $132,794
2023 $5,935 $437,925 $307,734 $130,191
2022 $5,579 $429,339 $301,700 $127,639
2021 $5,465 $420,922 $295,785 $125,137
2019 $5,388 $408,439 $287,013 $121,426
2018 $5,174 $400,432 $281,386 $119,046
2016 $4,760 $384,884 $270,460 $114,424
2015 $4,571 $379,104 $266,398 $112,706
2014 $4,546 $371,679 $261,180 $110,499
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: L38733

California Regional Multiple Listing Service (CRMLS)

APN: 7218-005-005

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