NOT LISTED FOR SALE

261 Roycroft Ave Long Beach, CA 90803

Belmont Heights Neighborhood

Estimated Value: $2,374,536 - $2,715,000

5 Beds
4 Baths
2,837 Sq Ft
$884/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $2,100,000 $740 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $15,539/month

55 Days on Market

Highlights

  • Above Ground Spa
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom Retreat
  • Lowell Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of October 2021

Enjoy the California lifestyle in this magnificent Spanish classic with a prime Belmont Heights location! This home is overflowing with character, including coved ceilings & archways, original gumwood builtins, gorgeous vintage gourmet kitchen, formal Dining Rm, large Breakfast Room with builtins and pantry, huge Primary Suite W/ Fireplace & deck, and attention to detail that is hard to find! There are 7 separate outdoor areas which lend to total indoor/outdoor living...including an in-ground gas firepit and a private spa. This large home offers tranquil family living yet is also an entertainer's dream! In addition to the 5 bedrooms, there is also an outdoor room with its own entrance that can be used as a rec room/ office/ play room - whatever you desire! Downstairs there are 3 bedrooms and 1.5 baths. Upstairs there are 2 master suites - the primary one with a retreat area and fireplace! The ideal location is walking distance to the excellent schools, the many shops and dining of Belmont Shore and the convenient Ma N Pa Market, yet away from the traffic and noise. There are too many amenities to list here, so come view this outstanding home and prepare to fall in love!

Last Agent to Sell the Property

Karey Hannegan

Think Boutiq Real Estate License #01499216 Listed on: 08/05/2021

Last Buyer's Agent

Ryan Edwards

Keller Williams Realty License #01709031

Keller Williams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 6,356 Sq Ft Lot
  • Sprinkler System
  • Back and Front Yard
  • Property is zoned LBR1N

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Spanish Architecture
  • Spanish Tile Roof
  • Seismic Tie Down
  • Quake Bracing

Interior Spaces

  • 2,837 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Dining Room
  • Bonus Room
  • Neighborhood Views
  • Utility Basement
  • Home Security System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite

Outdoor Features

  • Above Ground Spa
  • Balcony
  • Deck
  • Open Patio
  • Terrace
  • Exterior Lighting
  • Front Porch

Schools

  • Lowell Elementary School
  • Rogers Middle School
  • Wilson High School

Utilities

  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 19 / 4
  • Assessor Parcel Number 7250013022

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Security System
  • View: Yes
  • Zoning: LBR1N
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7250013022
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2837.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Master Retreat
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 740.22
  • Room Type: Bonus Room, Master Suite
  • Spa Features: Private, Above Ground
  • Room Kitchen Features: Kitchen Island
  • Basement: Utility

Exterior Features

  • Patio: Yes
  • Foundation: Quake Bracing
  • View: Neighborhood
  • Patio And Porch Features: Deck, Patio, Patio Open, Porch, Front Porch, Rear Porch, Terrace
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • Elementary School: Lowell
  • High School: Wilson
  • Middle Or Junior School: Rogers
  • Elementary School #2: LOWELL
  • High School2: WILSON

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Front Yard, Sprinkler System
  • Lot Size Sq Ft: 6356.00
  • Lot Size Acres: 0.1459

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6356.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 5776.03
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Oct 14, 2021
Sold by
Ronald E Schweitzer Jr Living Trust
Bought by
Koutsoftas Family Trust and Koutsoftas
Seller's Agent
Karey Hannegan
Think Boutiq Real Estate
Buyer's Agent
Ryan Edwards
Keller Williams Realty
List Price
$2,250,000
Sold Price
$2,100,000
Premium/Discount to List
-$150,000
-6.67%
Current Estimated Value
$2,506,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,884
Avg. Annual Appreciation
4.32%
Original Mortgage
$1,520,000
Outstanding Balance
$1,383,087
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,123,797

Purchase Details

Closed on
Nov 30, 2010
Sold by
Schweitzer Jataunia
Bought by
Schweitzer Ronald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2010
Sold by
Schweitzer Ronald E
Bought by
Schweitzer Ronald E and The Ronald E Schweitzer Jr Liv

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2010
Sold by
Schweitzer Ronald E
Bought by
Schweitzer Ronald E and The Ronald E Schweitzer Jr Liv

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2010
Sold by
Schweitzer Jataunia
Bought by
Schweitzer Ronald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2010
Sold by
Schweitzer Ronald E
Bought by
Schweitzer Ronald E and The Ronald E Schweitzer Jr Liv

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2004
Sold by
Epstein Howard and Epstein Nancy
Bought by
Schweitzer Ronald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2002
Sold by
Sallenbach William and Sallenbach Caroline
Bought by
Epstein Howard and Epstein Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,750
Interest Rate
6.17%

Purchase Details

Closed on
Oct 12, 1993
Sold by
Sallenbach William R and Sallenbach Caroline A
Bought by
Sallenbach William and Sallenbach Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.95%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Koutsoftas Family Trust $2,100,000 First American Title Company O
Schweitzer Ronald E -- Equity Title Orange County-I
Schweitzer Ronald E -- Equity Title Orange County-I
Schweitzer Ronald E -- Equity Title Orange County-I
Schweitzer Ronald E -- Accommodation
Schweltzer Ronald E -- Equity Title Orange County-I
Schweitzer Ronald E -- Equity Title Orange County-I
Schweitzer Ronald E -- Equity Title Orange County-I
Schweitzer Ronald E -- None Available
Schweitzer Ronald E $1,235,000 Lawyers Title Company
Epstein Howard $885,000 First American Title Co
Sallenbach William -- Pacific Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koutsoftas Family Trust $1,520,000
Previous Owner Schweitzer Ronald E $400,000
Previous Owner Schweitzer Ronald E $400,000
Previous Owner Schweltzer Ronald E $407,000
Previous Owner Schweitzer Ronald E $407,000
Previous Owner Schweitzer Ronald E $649,000
Previous Owner Epstein Howard $663,750
Previous Owner Sallenbach William $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2021 10/20/21 Sold $2,100,000 -6.7% $740 / Sq Ft
08/05/2021 08/05/21 For Sale $2,250,000 -- $793 / 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 $28,860 $2,228,535 $1,577,485 $651,050
2024 $27,634 $2,184,839 $1,546,554 $638,285
2023 $27,181 $2,142,000 $1,516,230 $625,770
2022 $25,488 $2,100,000 $1,486,500 $613,500
2021 $18,938 $1,562,048 $1,287,761 $274,287
2019 $18,665 $1,515,718 $1,249,566 $266,152
2018 $18,166 $1,485,999 $1,225,065 $260,934
2016 $16,698 $1,428,298 $1,177,496 $250,802
2015 $16,011 $1,406,844 $1,159,809 $247,035
2014 $15,878 $1,379,286 $1,137,090 $242,196
Source: Public Records

Agents Affiliated with this Home

  • Karey Hannegan

    Seller's Agent in 2021

    Karey Hannegan

    Think Boutiq Real Estate

    (657) 465-5200

    2 in this area

    40 Total Sales

    Karey Hannegan
    Section Image
  • Ryan Edwards

    Buyer's Agent in 2021

    Ryan Edwards

    Keller Williams Realty

    (714) 336-5234

    1 in this area

    92 Total Sales

    Ryan Edwards
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21168555

California Regional Multiple Listing Service (CRMLS)

APN: 7250-013-022

California Los Angeles County Long Beach 90803 Belmont Heights

261 Roycroft Ave, Long Beach, CA

Not Listed for Sale

Detached

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