Seller's Agent in 2017
Marna Brennan
Marna Brennan, Broker
(562) 621-0903
247 Grand Ave Long Beach, CA 90803
Belmont Heights NeighborhoodEstimated Value: $2,434,000 - $3,101,000
5
Beds
4
Baths
4,971
Sq Ft
$549/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- Fireplace in Primary Bedroom
- Wood Flooring
- Fremont Elementary School Rated A
- Retreat
- Great Room
About This Home
As of August 2017Spectacular Tri-Plex located in the heart of Belmont Heights, with a magnificent owner's home in the rear with over 3000 square feet of living space, and 2 townhouse-style units for income in front. The Venetian plaster exterior gives this Tuscan style property impressive curb appeal. Remodeled in 2005, the main house has a downstairs open floor plan, a Chef's kitchen featuring granite counters, stainless appliances, & an island that leads to the great room with a cozy fireplace, perfect for entertaining! Featuring bamboo and stone floors, crown moldings, recessed lighting , dual-pane windows, & french doors which lead to a beautiful private patio and yard. Upstairs are 3 bedrooms, laundry room and 2 bathrooms. The stately master retreat is a great place to relax in front of your 3 sided fireplace with a good book, or meander through the double french doors to your secluded private balcony. You will have plenty of room for your extensive wardrobe in the vast organized walk-in closet, be careful not to get lost! The gorgeous master bathroom features a Jacuzzi tub, a separate walk-in glass and tile shower and granite vanities. The two charming front units have 2 bedrooms, 1 bathroom and their own private patios. The front of the property has a lovely wrap around patio as well. This is the perfect opportunity to live in one of the most desirable areas of Long Beach AND have rental income as well...it's a win win!!
Last Agent to Sell the Property
Marna Brennan, Broker License #01262182 Listed on: 06/13/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 6,519 Sq Ft Lot
- Two or More Common Walls
- Landscaped
Parking
- 2 Car Garage
Home Design
- Triplex
- Tile Roof
Interior Spaces
- 4,971 Sq Ft Home
- 2-Story Property
- Recessed Lighting
- Great Room
- Living Room with Fireplace
Kitchen
- Walk-In Pantry
- Gas Cooktop
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Retreat
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- 4 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Location
- Suburban Location
Utilities
- Two cooling system units
- Central Heating and Cooling System
- Natural Gas Connected
- Tankless Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 15
- Tax Tract Number 5772
- Assessor Parcel Number 7255010016
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Building Details
- 2 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $300
- Gardener Expense $600
- Insurance Expense $1,500
- Trash Expense $360
- Water Sewer Expense $800
- New Taxes Expense $22,500
- Operating Expense $26,710
- Gross Income $74,400
- Net Operating Income $64,490
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 13, 2017
Closed on
Jun 22, 2017
Sold by
Betz Stanley J and Betz Cathie
Bought by
Condoretti Samuel R
Seller's Agent
Marna Brennan
Marna Brennan, Broker
Buyer's Agent
Maggie Shapiro
Keller Williams Coastal Prop.
List Price
$1,875,000
Sold Price
$1,825,000
Premium/Discount to List
-$50,000
-2.67%
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
$705,259
Avg. Annual Appreciation
4.94%
Original Mortgage
$1,186,250
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 26, 2015
Closed on
May 12, 2015
Sold by
Dye Wendy and Wendy Of The Wendy Dye 2004 Tr
Bought by
Betz Family Trust
Seller's Agent
Spencer Snyder
The Agency
Buyer's Agent
Rachelle Rosten
Douglas Elliman
List Price
$1,590,000
Sold Price
$1,599,000
Premium/Discount to List
$9,000
0.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Purchase Details
Closed on
Feb 4, 2004
Sold by
Dye Wendy
Bought by
Dye Wendy and Wendy Dye 2004 Trust
Purchase Details
Closed on
Feb 10, 2003
Sold by
Maurer Richard A and Maurer Juliann
Bought by
Dye Wendy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,700
Interest Rate
4.87%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Nov 15, 1993
Sold by
Bradshaw Ted C and Bradshaw Shirley A
Bought by
Bradshaw Ted C and Bradshaw Shirley A
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 |
|---|---|---|---|
| Condoretti Samuel R | $1,825,000 | First American Title Company | |
| Betz Family Trust | $1,599,000 | Chicago Title Company | |
| Dye Wendy | -- | -- | |
| Dye Wendy | $702,000 | First Southwestern Title | |
| Bradshaw Ted C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Condoretti Samuel R | $1,186,250 | |
| Previous Owner | Dye Wendy | $446,700 | |
| Closed | Dye Wendy | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/08/2017 08/08/17 | Sold | $1,825,000 | -2.7% | $367 / Sq Ft | |
| 06/13/2017 06/13/17 | For Sale | $1,875,000 | +17.3% | $377 / Sq Ft | |
| 05/26/2015 05/26/15 | Sold | $1,599,000 | 0.0% | $322 / Sq Ft | View Prior Sale |
| 04/13/2015 04/13/15 | Pending | -- | -- | -- | |
| 03/26/2015 03/26/15 | Price Changed | $1,599,000 | +0.6% | $322 / Sq Ft | |
| 03/26/2015 03/26/15 | For Sale | $1,590,000 | -- | $320 / 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 | $26,048 | $2,076,534 | $1,456,420 | $620,114 |
| 2024 | $26,048 | $2,035,818 | $1,427,863 | $607,955 |
| 2023 | $25,617 | $1,995,901 | $1,399,866 | $596,035 |
| 2022 | $24,033 | $1,956,767 | $1,372,418 | $584,349 |
| 2021 | $23,561 | $1,918,400 | $1,345,508 | $572,892 |
| 2020 | $23,498 | $1,898,730 | $1,331,712 | $567,018 |
| 2019 | $23,222 | $1,861,500 | $1,305,600 | $555,900 |
| 2018 | $22,608 | $1,825,000 | $1,280,000 | $545,000 |
| 2016 | $19,346 | $1,623,384 | $1,137,080 | $486,304 |
| 2015 | $11,104 | $936,380 | $488,057 | $448,323 |
| 2014 | $11,028 | $918,038 | $478,497 | $439,541 |
Source: Public Records
Agents Affiliated with this Home
-
Marna Brennan
-
Wayne Ishimine
Seller Co-Listing Agent in 2017
Wayne Ishimine
Y Realty
(562) 513-7800
1 in this area
27 Total Sales
-
Maggie Shapiro
Buyer's Agent in 2017
Maggie Shapiro
Keller Williams Coastal Prop.
(562) 260-3072
16 Total Sales
-
Spencer Snyder
Seller's Agent in 2015
Spencer Snyder
The Agency
(562) 355-0334
11 in this area
147 Total Sales
-
Rachelle Rosten
Buyer's Agent in 2015
Rachelle Rosten
Douglas Elliman
(310) 710-5151
69 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW17131915
APN: 7255-010-016
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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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