Seller's Agent in 2018
Loree Scarborough
Compass
(562) 225-0511
7 in this area
77 Total Sales
261 Termino Ave Long Beach, CA 90803
Belmont Heights NeighborhoodEstimated Value: $1,568,000 - $1,837,060
4
Beds
3
Baths
2,206
Sq Ft
$771/Sq Ft
Est. Value
Highlights
- Craftsman Architecture
- Wood Flooring
- Private Yard
- Fremont Elementary School Rated A
- Main Floor Bedroom
- Walk-In Closet
About This Home
As of September 2018Two Properties on one lot in Belmont Heights.This inviting Craftsman is ideal for an investor or owner occupied. Just a little TLC and its ready to go! The front home is 3 bedrooms and 2 bath with a 1 car garage and private yard/patio. Walk into the spacious living room and dining rooms to be greeted by light flooding from the many windows throughout. The kitchen offers an eat-in island, tons of storage, a decorative stained glass window and overlooks the backyard. A separate laundry room is conveniently located adjacent to the kitchen. Two bedrooms and a full bath complete the downstairs. The huge en-suite master is upstairs with a spacious walk in closet and ¾ bath. Entertain or relax on your private back patio. A long driveway leads to the motor court and garage. The private fenced back house enjoys a front and side yard. This one bedroom cottage features an extra office or convertible bedroom. The kitchen opens to a back patio/entrance and leads to a laundry room and garage with an extra storage area. The convenient alley access offers a private entrance for the back cottage. Live in one of the best neighborhoods in Long Beach with award winning schools, just blocks away from the beach, and centrally located to Downtown and Belmont Shore’s trendy 2nd Street.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1919
Lot Details
- 6,518 Sq Ft Lot
- No Common Walls
- Landscaped
- Private Yard
- Lawn
- Garden
- Front Yard
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Home Design
- Craftsman Architecture
Interior Spaces
- 2,206 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Living Room
- Home Security System
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Central Heating
- Wall Furnace
- Private Water Source
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 5500
- Tax Tract Number 20
- Assessor Parcel Number 7255025021
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 16, 2018
Closed on
Aug 31, 2018
Sold by
Diego Wilfredo Valerio and The Wilfredo Valerio Diego Int
Bought by
Thomas Elissa Briggs and The Elissa Briggs Thomas Irrev
Seller's Agent
Loree Scarborough
Compass
Buyer's Agent
Mohsen Shahbani
Coldwell Banker Realty
List Price
$1,070,000
Sold Price
$1,055,000
Premium/Discount to List
-$15,000
-1.4%
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
$585,675
Avg. Annual Appreciation
6.81%
Purchase Details
Closed on
Mar 19, 2008
Sold by
Diego Wilfredo Valerio
Bought by
Diego Wilfredo Valerio and Wilfredo Valerio Diego Inter V
Purchase Details
Closed on
Mar 18, 2008
Sold by
Declaration Diego Wilfredo Valerio and Declaration James R Silknitter
Bought by
Diego Wilfredo Valerio
Purchase Details
Closed on
May 4, 1994
Sold by
Silknitter James R
Bought by
Silknitter James R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.15%
Purchase Details
Closed on
Mar 29, 1994
Sold by
Silknitter James R
Bought by
Silknitter James R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.15%
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 |
|---|---|---|---|
| Thomas Elissa Briggs | $1,055,000 | Fidelity National Title Comp | |
| Diego Wilfredo Valerio | -- | None Available | |
| Diego Wilfredo Valerio | -- | None Available | |
| Silknitter James R | -- | -- | |
| Silknitter James R | -- | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Silknitter James R | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2018 09/30/18 | Sold | $1,055,000 | -1.4% | $478 / Sq Ft |
| 09/07/2018 09/07/18 | Pending | -- | -- | -- |
| 08/16/2018 08/16/18 | For Sale | $1,070,000 | -- | $485 / 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 | $14,853 | $1,176,866 | $825,481 | $351,385 |
| 2024 | $14,853 | $1,153,792 | $809,296 | $344,496 |
| 2023 | $14,608 | $1,131,170 | $793,428 | $337,742 |
| 2022 | $13,707 | $1,108,991 | $777,871 | $331,120 |
| 2021 | $13,442 | $1,087,247 | $762,619 | $324,628 |
| 2020 | $13,408 | $1,076,100 | $754,800 | $321,300 |
| 2019 | $13,251 | $1,055,000 | $740,000 | $315,000 |
| 2018 | $1,684 | $115,128 | $54,921 | $60,207 |
| 2016 | $1,537 | $110,660 | $52,790 | $57,870 |
| 2015 | $1,483 | $108,999 | $51,998 | $57,001 |
| 2014 | $1,485 | $106,865 | $50,980 | $55,885 |
Source: Public Records
Agents Affiliated with this Home
-
Loree Scarborough
-
Mohsen Shahbani
Buyer's Agent in 2018
Mohsen Shahbani
Coldwell Banker Realty
(562) 547-3324
2 in this area
35 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW18200301
APN: 7255-025-021
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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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