NOT LISTED FOR SALE

309 Park Ave Long Beach, CA 90814

Belmont Heights Neighborhood

Estimated Value: $1,339,000 - $1,749,000

4 Beds
2 Baths
3,144 Sq Ft
$513/Sq Ft Est. Value

Sale Details

Date Sold: May 23, 2012

Last sale price $789,000 $251 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $9,762 / mo

119 Days on Market

Highlights

  • Wood Flooring
  • Mediterranean Architecture
  • Tile Countertops
  • Fremont Elementary School Rated A
  • Home Gym
  • Laundry Facilities

About This Home

As of May 2012

Mediterranean style duplex in Naples Heights catches the cleansing ocean breeze. Approximately 1.1 miles from the picturesque beaches of Long Beach. Freeway convenient too. 2 blocks to Colorado Lagoon Park. Walk to 2nd Street in Belmont Shore. Close to Pine Square in downtown Long Beach and Cal State Long Beach. Large units with many classic interior features such as mock fireplaces, coved ceilings, arched openings, accented with mahogany doors, casing, French style windows in living rooms and dining rooms. Sunny eating area off kitchens. Detached rumpus room adds additional useable square footage to the property. 50 x 130 lot with detached garage at back of lot offers lots of off street parking and still leaves room for a nice sized back yard. Don't miss this excellent opportunity to buy into the 'Heights'.

Last Agent to Sell the Property

Drew Baker

Remco - A. R. E. & Mgmt. Co. License #00615595 Listed on: 10/17/2011

Last Buyer's Agent

Cynthia Voss

Re/Max R. E. Specialists License #00881330

Re/Max R. E. Specialists

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 6,471 Sq Ft Lot
  • Lot Dimensions are 50x130

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Single Garage Door

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Rolled or Hot Mop Roof
  • Clay Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,144 Sq Ft Home
  • Decorative Fireplace
  • Home Gym

Kitchen

  • Gas Oven or Range
  • Range
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Rain Gutters
  • No Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Legal Lot and Block 22 / 015
  • Tax Tract Number 1806
  • Assessor Parcel Number 7250015025

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,362
  • Insurance Expense $1,156
  • Maintenance Expense $675
  • Other Expense $229
  • Professional Management Expense $2,353
  • Supplies Expense $200
  • Water Sewer Expense $608
  • New Taxes Expense $10,363
  • Gross Income $3,270
  • Net Operating Income $32,190

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

6,471 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 3.88
  • Professional Management Expense: 2353.00
  • Supplies Expense: 200.00
  • View: No
  • Water Sewer Expenses: 608.00
  • Zoning: LBR1N
  • Architectural Style: Mediterranean
  • Property Type: Residential Income
  • Gardener Expense: 1362.00
  • Parcel Number: 7250015025
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Tile Counters
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Appliances: No
  • Fireplace Features: Decorative
  • Levels: Two
  • Price Per Square Foot: 250.95
  • Room Type: Exercise Room

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Private: No
  • Roof: Clay, Rolled/Hot Mop, Spanish Tile
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Parking Features: Concrete, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No
  • Appliances: Free Standing, Gas Cooking, Range
  • Laundry Features: Community

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Lot Size: 50x130
  • Lot Size Sq Ft: 6471.00
  • Lot Size Acres: 0.1490

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Average2 Bed Area: 1402
  • Gross Income: 3270.00
  • Gross Multiplier: 21.13
  • Gross Scheduled Income: 39240.00
  • Insurance Expense: 1156.00
  • Lot Size Area: 6471.0000 Square Feet
  • Maintenance Expense: 675.00
  • Net Operating Income: 32190.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Drapes: 2
  • Number With Patio: 1
  • Operating Expense: 7050.00
  • Other Expense: 229.00
  • Other Expense Description: Plumbing

Tax Info

  • New Taxes Expense: 10363.00
  • Tax Area: 5500
  • Tax Block: 015
  • Tax Lot: 22
  • Tax Tract Number: 1806

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

Closed on
Mar 23, 2012
Sold by
Bought by
Current Estimated Value
$1,613,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$631,200
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2012
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
$631,200
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2012
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
$631,200
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2005
Sold by
Bought by
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

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
$789,000 Lawyers Title Co
-- Lawyers Title Co
-- Lawyers Title Co
-- --
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 $631,200
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
05/23/2012 05/23/12 Sold $789,000 -4.8% $251 / Sq Ft
02/13/2012 02/13/12 Pending -- -- --
10/17/2011 10/17/11 For Sale $829,000 -- $264 / 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 $13,205 $991,014 $690,823 $300,191
2024 $12,663 $971,583 $677,278 $294,305
2023 $12,455 $952,534 $663,999 $288,535
2022 $11,693 $933,858 $650,980 $282,878
2021 $11,461 $915,548 $638,216 $277,332
2019 $11,299 $888,394 $619,287 $269,107
2018 $10,928 $870,976 $607,145 $263,831
2016 $10,044 $837,157 $583,570 $253,587
2015 $9,637 $824,583 $574,805 $249,778
2014 $9,567 $808,432 $563,546 $244,886
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Drew Baker

    Remco - A. R. E. & Mgmt. Co.

    (714) 995-5222

    1 in this area

    13 Total Sales

    Drew Baker
    Section Image
  • Cynthia Voss

    Buyer's Agent in 2012

    Cynthia Voss

    RE/MAX

    (562) 884-3930

    4 in this area

    28 Total Sales

    Cynthia Voss
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P800170

California Regional Multiple Listing Service (CRMLS)

APN: 7250-015-025

California Los Angeles County Long Beach 90814 Belmont Heights

309 Park Ave, Long Beach, CA

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.

California Regional Multiple Listing Service (CRMLS) 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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