Erin Barry
Seven Gables Real Estate
(424) 688-7302
27 Total Sales
2 in Belmont Heights
$604K - $950K Price Range
247 Grand Ave Long Beach, CA 90803
Belmont Heights NeighborhoodEstimated Value: $2,160,000 - $2,886,000
5
Beds
4
Baths
4,971
Sq Ft
$532/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
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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
Amenities
- Laundry Facilities
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
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
Listed on
Jun 13, 2017
Closed on
Jun 22, 2017
Sold by
Bought by
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
$821,313
Avg. Annual Appreciation
4.21%
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
Bought by
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
Bought by
Purchase Details
Closed on
Feb 10, 2003
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
$446,700
Interest Rate
4.87%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Nov 15, 1993
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Belmont Heights, CA
-
Erin Barry
-
Inna Peshkova
Inna Peshkova
Coastal Equities
(657) 255-5872
5 Total Sales
1 in Belmont Heights
$450,000 Price
-
Frank Hogstrom
Frank Hogstrom
TheAgents
(661) 481-7759
15 Total Sales
1 in Belmont Heights
$935,000 Price
-
Mary Valentine- Frolander
Mary Valentine- Frolander
First Team Real Estate
(442) 237-9602
106 Total Sales
1 in Belmont Heights
$1,285,000 Price
-
Dennis Fulmore
Dennis Fulmore
Dennis Wayne Group
(424) 688-7260
20 Total Sales
1 in Belmont Heights
$1,500,000 Price
-
Jack Nendel
Jack Nendel
RE/MAX Platinum Realty
(562) 612-7506
15 Total Sales
1 in Belmont Heights
$1,225,000 Price
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 |
|---|---|---|---|
| $1,825,000 | First American Title Company | ||
| $1,599,000 | Chicago Title Company | ||
| -- | -- | ||
| $702,000 | First Southwestern Title | ||
| -- | -- |
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 |
|---|---|---|---|
| Previous Owner | $1,186,250 | ||
| Previous Owner | $240,000 | ||
| Previous Owner | $250,000 | ||
| Previous Owner | $100,000 | ||
| Previous Owner | $446,700 |
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 | 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
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 | $27,239 | $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
Seller's Agent in 2017
Marna Brennan
Marna Brennan, Broker
(562) 621-0903
1 Total Sale
-
Wayne Ishimine
Seller Co-Listing Agent in 2017
Wayne Ishimine
Wayne Ishimine, Broker
(562) 513-7800
1 in this area
24 Total Sales
-
Maggie Shapiro
Buyer's Agent in 2017
Maggie Shapiro
Keller Williams Coastal Prop.
(562) 260-3072
13 Total Sales
-
Spencer Snyder
Seller's Agent in 2015
Spencer Snyder
The Agency
(562) 355-0334
7 in this area
104 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
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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