NOT LISTED FOR SALE

261 Prospect Ave Long Beach, CA 90803

Belmont Heights Neighborhood

Estimated Value: $1,809,000 - $2,176,000

5 Beds
3 Baths
2,400 Sq Ft
$825/Sq Ft Est. Value

Last Sold November 07, 2022

Last sale price $1,780,000 $742 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $12,300/month

66 Days on Market

Highlights

  • No HOA
  • Lowell Elementary School Rated A-
  • Laundry Room

About This Home

As of November 2022

We are proud to present 261 Prospect Avenue. This spectacular Belmont Heights duplex consists of two newly remodeled units with laundry in each unit.
The back unit is a 2 Bedroom/ 1 Bathroom unit with mini split air conditioning and the front unit is a remodeled, open concept 3 Bedroom/ 2 Bathroom. In the rear alley is a 3 car garage with extra room for uncovered parking. There is also a private patio shared between each unit as well as a freshly landscaped fenced front yard.
Located on a peaceful street in the highly sought after neighborhood of Belmont Heights, you can be within close proximity to the best Long Beach has to offer including Marine Stadium Park, Colorado Lagoon, Recreation Park Golf Courses, weekly local farmer's markets, 2nd Street shops & restaurants, dog parks, local playgrounds, and so much more. Additionally, this home is located near the best schools within the Long Beach Unified School District.

Last Agent to Sell the Property

Austin Carr

Realty One Group United License #01986298 Listed on: 08/13/2022

Realty One Group United

Last Buyer's Agent

Steven Nottingham

Keller Williams Pacific Estate License #01720641

Keller Williams Pacific Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,355 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage

Home Design

  • 2,400 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Suburban Location

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 5776
  • Assessor Parcel Number 7250007019

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Belmont Heights Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $24,780

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Belmont Heights (BH)
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7250007019
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 741.67

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6355.00
  • Lot Size Acres: 0.1459

Multi Family

  • Lot Size Area: 6355.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 24780.00

Tax Info

  • Tax Lot: 19
  • Tax Tract Number: 5776

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2022
Closed on
Nov 1, 2022
Sold by
Gonzalez Family Revocable Trust
Bought by
841 7Th Ave Llc
Seller's Agent
Austin Carr
Realty One Group United
Buyer's Agent
Steven Nottingham
Keller Williams Pacific Estate
List Price
$1,900,000
Sold Price
$1,780,000
Premium/Discount to List
-$120,000
-6.32%
Views
4
Current Estimated Value
$1,981,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,177
Avg. Annual Appreciation
3.46%

Purchase Details

Closed on
Jan 1, 2003
Sold by
Tuckman Charles W
Bought by
Tuckman Robert S

Purchase Details

Closed on
Oct 1, 2002
Sold by
Tuckman Charles W
Bought by
Tuckman Robert S

Purchase Details

Closed on
Jan 2, 2001
Sold by
Tuckman Charles W
Bought by
Tuckman Robert S

Purchase Details

Closed on
Nov 24, 2000
Sold by
Tuckman Charles W
Bought by
Tuckman Robert S

Purchase Details

Closed on
Nov 30, 1999
Sold by
Tuckman Charles W
Bought by
Tuckman Robert S

Purchase Details

Closed on
Dec 12, 1998
Sold by
Tuckman Betty R
Bought by
Tuckman Robert S

Purchase Details

Closed on
Nov 9, 1996
Sold by
Tuckman Betty R
Bought by
Tuckman Robert S

Purchase Details

Closed on
Aug 20, 1996
Sold by
Tuckman Robert S
Bought by
Tuckman Robert S and Tuckman Charles W

Purchase Details

Closed on
Sep 9, 1993
Sold by
Tuckman Betty Ruth
Bought by
Tuckman Charles W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.25%

Purchase Details

Closed on
Jul 20, 1993
Sold by
Wight Barbara D
Bought by
Tuckman Robert S and Tuckman Charles W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.25%
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

Date Buyer Sale Price Title Company
841 7Th Ave Llc $1,780,000 Chicago Title
Tuckman Robert S -- --
Tuckman Robert S -- --
Tuckman Robert S -- --
Tuckman Robert S -- --
Tuckman Robert S -- --
Tuckman Robert S -- --
Tuckman Robert S -- --
Tuckman Robert S -- --
Tuckman Charles W -- North American Title Company
Tuckman Robert S $320,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tuckman Robert S $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2022 11/07/22 Sold $1,780,000 -6.3% $742 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
10/17/2022 10/17/22 Price Changed $1,900,000 0.0% $792 / Sq Ft
10/17/2022 10/17/22 For Sale $1,900,000 +6.7% $792 / Sq Ft
10/13/2022 10/13/22 Off Market $1,780,000 -- --
09/28/2022 09/28/22 Price Changed $1,850,000 -2.6% $771 / Sq Ft
09/16/2022 09/16/22 Price Changed $1,899,000 -2.6% $791 / Sq Ft
08/13/2022 08/13/22 For Sale $1,950,000 -- $813 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $23,045 $1,851,912 $1,206,864 $645,048
2024 $23,045 $1,815,600 $1,183,200 $632,400
2023 $22,665 $1,780,000 $1,160,000 $620,000
2022 $16,757 $1,366,800 $887,400 $479,400
2021 $6,460 $502,460 $298,337 $204,123
2020 $6,442 $497,308 $295,278 $202,030
2019 $6,368 $487,558 $289,489 $198,069
2018 $6,158 $477,999 $283,813 $194,186
2016 $5,657 $459,441 $272,794 $186,647
2015 $5,432 $452,541 $268,697 $183,844
2014 $5,400 $443,677 $263,434 $180,243
Source: Public Records

Agents Affiliated with this Home

  • Austin Carr

    Seller's Agent in 2022

    Austin Carr

    Realty One Group United

    (562) 537-7496

    1 in this area

    20 Total Sales

    Austin Carr
    Section Image
  • Steven Nottingham

    Buyer's Agent in 2022

    Steven Nottingham

    Keller Williams Pacific Estate

    (562) 754-1333

    5 in this area

    96 Total Sales

    Steven Nottingham
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22178841

California Regional Multiple Listing Service (CRMLS)

APN: 7250-007-019

California Los Angeles County Long Beach 90803 Belmont Heights

261 Prospect Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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