Seller's Agent in 2018
Loree Scarborough
Compass
(562) 225-0511
7 in this area
77 Total Sales
236 Ximeno Ave Long Beach, CA 90803
Belmont Heights NeighborhoodEstimated Value: $1,506,000 - $1,977,000
5
Beds
4
Baths
1,908
Sq Ft
$904/Sq Ft
Est. Value
Highlights
- Detached Guest House
- Fireplace in Primary Bedroom
- Main Floor Bedroom
- Lowell Elementary School Rated A-
- Wood Flooring
- Bonus Room
About This Home
As of March 2018Belmont Heights living....2 on one property! Superior opportunity to live in one and rent out the other! Beautiful 3 bedroom 1 ½ bath 1920s California Craftsman. Main home features remodeled kitchen with high-end stainless appliances, granite counter tops, travertine floors cherry cabinets convenient ½ bath and full-size washer and dryer. Formal dining and living rooms feature refinished original hardwood flooring and crown molding. Other upgrades include: copper plumbing throughout; a remodeled full bath; and huge finished attic space, perfect for an artist’s studio/office, with tons of extra storage and a half-bath. The backyard offers different entertainment environments with private conversation and dining areas, perfect for parties! The sunny back home features two bedrooms and one bath. It’s a stand-alone unit, built atop three individual garages with its own private entrance and yard, laundry area/studio space, and lots of storage.
In addition there is a cozy guest house, with full kitchen and bath and charming side yard. The three individual garages can be rented for extra income. This is not only a unique and beautiful property, it also provides cash flow! Award winning schools are close by as well as the beach, bay and 2nd Street dining, entertainment, and shopping. Fabulous opportunity to own in Belmont Heights!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 6,360 Sq Ft Lot
- No Common Walls
- Landscaped
- Private Yard
- Lawn
- Density is up to 1 Unit/Acre
Parking
- 3 Car Garage
- Parking Available
- Rear-Facing Garage
- Driveway
Home Design
- Duplex
- Bungalow
- Copper Plumbing
Interior Spaces
- 1,908 Sq Ft Home
- Crown Molding
- Living Room with Fireplace
- Dining Room with Fireplace
- Bonus Room
- Storage
- Pull Down Stairs to Attic
Kitchen
- Granite Countertops
- Fireplace in Kitchen
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Fireplace in Primary Bedroom
- 4 Bathrooms
- Fireplace in Bathroom
Laundry
- Laundry Room
- Laundry Located Outside
- Laundry in Kitchen
Outdoor Features
- Fireplace in Patio
- Outdoor Fireplace
- Exterior Lighting
- Rain Gutters
Additional Homes
- Two Homes on a Lot
- Detached Guest House
- Fireplace in Guest House
Utilities
- Floor Furnace
- Natural Gas Connected
- Sewer Paid
- Cable TV Available
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 8
- Tax Tract Number 14
- Assessor Parcel Number 7250008008
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
Amenities
- Laundry Facilities
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $2,200
- Fuel Expense $840
- Gardener Expense $720
- Insurance Expense $2,400
- Water Sewer Expense $1,680
- New Taxes Expense $13,742
- Operating Expense $21,582
- Gross Income $61,200
- Net Operating Income $39,229
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 13, 2018
Closed on
Feb 2, 2018
Sold by
Conwell Virginia and Virginia Conwell Trust
Bought by
Lynn Paul Jr Gerald E and Lynn Paul Teri
Seller's Agent
Loree Scarborough
Compass
Buyer's Agent
Joseph McMahon
Keller Williams South Bay
List Price
$1,195,000
Sold Price
$1,222,000
Premium/Discount to List
$27,000
2.26%
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
$502,798
Avg. Annual Appreciation
4.52%
Original Mortgage
$641,400
Outstanding Balance
$545,374
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$1,179,424
Purchase Details
Closed on
Mar 9, 2017
Sold by
Conwell Virginia and Virginia Conwell Trust
Bought by
Conwell Virginia and Virginia Conwell Trust
Purchase Details
Closed on
Jun 11, 2004
Sold by
Conwell Virginia and Hudson Karen L
Bought by
Conwell Virginia and Virginia Conwell Trust
Purchase Details
Closed on
May 1, 2002
Sold by
Waters Paul L and Waters Family Trust
Bought by
Conwell Virginia and Hudson Karen L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
6.86%
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 |
|---|---|---|---|
| Lynn Paul Jr Gerald E | $1,222,000 | Fidelity National Title Comp | |
| Conwell Virginia | -- | None Available | |
| Conwell Virginia | -- | -- | |
| Conwell Virginia | $565,000 | Orange Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lynn Paul Jr Gerald E | $641,400 | |
| Previous Owner | Conwell Virginia | $452,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/14/2018 03/14/18 | Sold | $1,222,000 | +2.3% | $640 / Sq Ft |
| 02/01/2018 02/01/18 | Pending | -- | -- | -- |
| 01/13/2018 01/13/18 | For Sale | $1,195,000 | -- | $626 / 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 | $17,429 | $1,390,421 | $972,842 | $417,579 |
| 2024 | $17,429 | $1,363,159 | $953,767 | $409,392 |
| 2023 | $17,142 | $1,336,431 | $935,066 | $401,365 |
| 2022 | $16,080 | $1,310,228 | $916,732 | $393,496 |
| 2021 | $15,774 | $1,284,538 | $898,757 | $385,781 |
| 2020 | $15,734 | $1,271,368 | $889,542 | $381,826 |
| 2019 | $15,550 | $1,246,440 | $872,100 | $374,340 |
| 2018 | $8,959 | $719,174 | $509,152 | $210,022 |
| 2016 | $8,237 | $691,249 | $489,382 | $201,867 |
| 2015 | $7,903 | $680,867 | $482,032 | $198,835 |
| 2014 | $7,846 | $667,531 | $472,590 | $194,941 |
Source: Public Records
Agents Affiliated with this Home
-
Loree Scarborough
-
Joseph McMahon
Buyer's Agent in 2018
Joseph McMahon
Keller Williams South Bay
(310) 714-9703
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW18007079
APN: 7250-008-008
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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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