M
Seller's Agent in 2014
Mike Trossen
Equity Brokers
(562) 434-6731
31 Total Sales
241 Ximeno Ave Long Beach, CA 90803
Belmont Heights NeighborhoodEstimated Value: $1,403,000 - $1,919,000
3
Beds
2
Baths
1,587
Sq Ft
$1,087/Sq Ft
Est. Value
Highlights
- RV Garage
- No HOA
- Carpet
- Fremont Elementary School Rated A
- Forced Air Heating and Cooling System
About This Home
As of April 2014Residential income property duplex in the heart of Belmont Heights. Both units are side by side and attached with entrances in the front. One unit is a 2 bedroom, 1 bath with approximately 945 square feet and has a living room with gas fireplace. Second unit is a 1 bedroom, 1 bath and approximately 715 square feet. Rear of the property has a grass yard, a detached 2 car garage with alley access and additional carport parking for 2 cars. Potential for owner occupied and rent out the other unit.
Co-Listed By
Ken Trossen
Equity Brokers License #00802751
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,555
Year Built
- Built in 1921
Lot Details
- 6,341 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
- 2 Carport Spaces
- Parking Available
- RV Garage
Home Design
- Raised Foundation
- Composition Roof
Interior Spaces
- 1,587 Sq Ft Home
- Living Room with Fireplace
Kitchen
- Free-Standing Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Location
- Suburban Location
Utilities
- Forced Air Heating and Cooling System
- Sewer Paid
Listing and Financial Details
- Tax Lot 18
- Tax Tract Number 5772
- Assessor Parcel Number 7255030020
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $200
- Insurance Expense $1,000
- Trash Expense $200
- Water Sewer Expense $200
- New Taxes Expense $7,878
- Gross Income $2,150
- Net Operating Income $16,770
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 17, 2019
Sold by
Mckenzie Michelle
Bought by
Mckenzie Michelle and Michelle Mckenzie 2016 Trust
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,800
Outstanding Balance
$342,360
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,381,973
Purchase Details
Closed on
Oct 6, 2016
Sold by
Mckenzie Michelle
Bought by
Mckenzie Michelle and Michelle Mckenzie 2016 Trust
Purchase Details
Listed on
Nov 5, 2013
Closed on
Apr 21, 2014
Sold by
Farmers & Merchants Trust Company Of Lon
Bought by
Mckenzie Brandon and Mckenzie Michelle
Seller's Agent
Mike Trossen
Equity Brokers
Buyer's Agent
Paul Demboski
Keller Williams Pacific Estate
List Price
$685,000
Sold Price
$640,000
Premium/Discount to List
-$45,000
-6.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%
Original Mortgage
$512,000
Interest Rate
4.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 23, 2007
Sold by
Mcconnel Betty J and Mcconnel Family Trust
Bought by
Mcconnel Betty J and The Mcconnel Family Trust Survivors Tr
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mckenzie Michelle | -- | Amrock Inc | |
| Mckenzie Michele | -- | Amrock Inc | |
| Mckenzie Michelle | -- | None Available | |
| Mckenzie Brandon | $640,000 | Ticor Title Company | |
| Mcconnel Betty J | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mckenzie Michele | $390,800 | |
| Closed | Mckenzie Brandon | $512,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/28/2014 04/28/14 | Sold | $640,000 | -6.6% | $403 / Sq Ft |
| 03/14/2014 03/14/14 | Pending | -- | -- | -- |
| 11/05/2013 11/05/13 | For Sale | $685,000 | -- | $432 / 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 | $11,555 | $911,631 | $551,634 | $359,997 |
| 2024 | $11,555 | $893,757 | $540,818 | $352,939 |
| 2023 | $11,363 | $876,233 | $530,214 | $346,019 |
| 2022 | $10,665 | $859,053 | $519,818 | $339,235 |
| 2021 | $10,452 | $842,210 | $509,626 | $332,584 |
| 2020 | $10,424 | $833,575 | $504,401 | $329,174 |
| 2019 | $10,252 | $710,481 | $494,511 | $215,970 |
| 2018 | $8,580 | $689,514 | $484,815 | $204,699 |
| 2016 | $7,891 | $662,741 | $465,990 | $196,751 |
| 2015 | $7,571 | $652,787 | $458,991 | $193,796 |
| 2014 | $4,363 | $355,406 | $251,000 | $104,406 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Trossen
-
K
Seller Co-Listing Agent in 2014
Ken Trossen
Equity Brokers
-
Paul Demboski
P
Buyer's Agent in 2014
Paul Demboski
Keller Williams Pacific Estate
(562) 676-6515
9 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW13224807
APN: 7255-030-020
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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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