NOT LISTED FOR SALE

Estimated Value: $2,381,309 - $2,611,000

5 Beds
3 Baths
2,908 Sq Ft
$863/Sq Ft Est. Value

Last Sold November 19, 2013

Last sale price $1,450,000 $499 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $15,001/month

6 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Spanish Architecture
  • Lowell Elementary School Rated A-
  • Main Floor Bedroom
  • 4-minute walk to Livingston Drive Park

About This Home

As of November 2013

Here is a stunning example of classic early California Spanish architecture. Situated in Belmont Heights Estates, this well preserved 1925 residence offers ocean and city views to compliment pristine sunlit living areas. The recently restored interiors are accented by period oak flooring, original wrought iron details, painted magnesite entry, stained glass, glazed doors and signature elements of this once-owned rear admiral’s residence. Five large bedrooms combine with a den, library, large family kitchen, formal dining and a spectacular living room displaying unique navy rope trim to a barrel ceiling. Wonderful restoration to windows and casement-style doors presents the front and rear lawns including an ivy-covered dining veranda. The 2900+ square feet of living space has been carefully preserved to authenticity. The picturesque “Estates” location was perfect to view US Naval ship activities and today, this landmark residence carries forth that inspiring history.

Last Agent to Sell the Property

William Rolfing

Coldwell Banker Realty License #00706260 Listed on: 10/07/2013

Coldwell Banker Realty

Last Buyer's Agent

Jeremy Colonna

Colonna & Co., Realty License #01210631

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,148

Year Built

  • Built in 1925

Lot Details

  • 6,337

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Catalina
  • City Lights
  • Peek-A-Boo

Home Design

  • Spanish Architecture
  • Flat Roof Shape
  • Spanish Tile Roof

Interior Spaces

  • 2,908 Sq Ft Home
  • 2-Story Property
  • Casement Windows
  • Window Screens
  • French Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Library
  • Storage
  • Home Security System
  • Ceramic Countertops
  • Basement

Flooring

  • Wood
  • Stone
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Gas Water Heater

Additional Features

  • More Than Two Accessible Exits
  • 6,337 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 17 / 9hf
  • Assessor Parcel Number 7250032017

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,148

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Security System
  • Subdivision Name Other: Belmont Heights (BH)
  • View: Yes
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7250032017
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2908.00
  • Interior Amenities: Balcony, Ceramic Counters, Storage
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Concrete, Stone, Tile, Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 100.00
  • Door Features: French Doors
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 498.62
  • Room Type: Basement, Den, Foyer, Library, Living Room, Main Floor Bedroom, Walk-In Closet
  • Window Features: Casement Windows, Screens

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Ocean, Peek-A-Boo
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Roof: Flat, Spanish Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater, Vented Exhaust Fan
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Long Beach Unified

Lot Info

  • Lot Size Sq Ft: 6337.00
  • Lot Size Acres: 0.1450

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6337.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 9hf
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2014
Sold by
Lee Christopher Hyun
Bought by
Lee & Willner Family Trust
Current Estimated Value
$2,508,327

Purchase Details

Listed on
Oct 7, 2013
Closed on
Nov 5, 2013
Sold by
Shepard Thomas W
Bought by
Lee Christopher H and Willner Julia B
Seller's Agent
William Rolfing
Coldwell Banker Realty
Buyer's Agent
Jeremy Colonna
Colonna & Co., Realty
List Price
$1,495,000
Sold Price
$1,450,000
Premium/Discount to List
-$45,000
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%
Original Mortgage
$1,000,000
Outstanding Balance
$743,971
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$1,764,356

Purchase Details

Closed on
Sep 21, 2012
Sold by
Green Richard D and Green Clark R
Bought by
Shepard Thomas W and Shepard Julie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.35%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Lee & Willner Family Trust -- None Available
Lee Christopher Hyun -- None Available
Lee Christopher H $1,450,000 North American Title Company
Shepard Thomas W $1,300,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Christopher H $1,000,000
Previous Owner Shepard Thomas W $625,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2013 11/19/13 Sold $1,450,000 -3.0% $499 / Sq Ft
10/13/2013 10/13/13 Pending -- -- --
10/07/2013 10/07/13 For Sale $1,495,000 +15.0% $514 / Sq Ft
11/21/2012 11/21/12 Sold $1,300,000 +0.9% $447 / Sq Ft View Prior Sale
09/20/2012 09/20/12 Pending -- -- --
09/18/2012 09/18/12 For Sale $1,289,000 -- $443 / 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 $22,148 $1,777,489 $1,244,244 $533,245
2024 $22,148 $1,742,638 $1,219,848 $522,790
2023 $21,785 $1,708,470 $1,195,930 $512,540
2022 $20,432 $1,674,972 $1,172,481 $502,491
2021 $20,043 $1,642,131 $1,149,492 $492,639
2019 $19,757 $1,593,427 $1,115,399 $478,028
2018 $19,242 $1,562,184 $1,093,529 $468,655
2016 $17,694 $1,501,524 $1,051,067 $450,457
2015 $16,968 $1,478,970 $1,035,279 $443,691
2014 $16,827 $1,450,000 $1,015,000 $435,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG13203976

California Regional Multiple Listing Service (CRMLS)

APN: 7250-032-017