NOT LISTED FOR SALE

Estimated Value: $1,042,000 - $1,182,000

3 Beds
1 Bath
1,008 Sq Ft
$1,103/Sq Ft Est. Value

Last Sold January 16, 2014

Last sale price $620,000 $615 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $6,857/month

73 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Laundry Room
  • Lowell Elementary School Rated A-
  • No HOA
  • 5-minute walk to Will Rogers Mini Park

About This Home

As of January 2014

At 315 Eliot Lane in Belmont Heights, discover an historic 1923 Boland & Smith Mission Revival style home full of character and charm. Enter to a spacious and bright living room and dining area, with extraordinarily large east facing windows that flood the space with light. The rich hardwood flooring that is present here continues on down the hall and into the bedrooms. In the kitchen: a commercial grade Viking gas range and vent hood, Spanish style pavers and tile, and a generous work space. Just outside is a lovely and private patio, with a trellis that provides an area of shade as well as shields the kitchen's south facing windows. A designated laundry room abuts the master bedroom, side by side washer/dryer and countertop above. In the yard: a beautiful low water landscape thrives, perfectly at home with it's picturesque surroundings. An ideal location- close proximity to the fine restaurants, shopping, and amenities of Belmont Shore, though buffered from all the comings and goings by the spectacular estates section of Belmont Heights. An incredible opportunity to live in and own an important piece of Long Beach history. Make an appointment today to see for yourself.

Last Agent to Sell the Property

Nate Cole

Suprstructur License #01405140 Listed on: 09/17/2013

Last Buyer's Agent

Dan Varner

RE/MAX College Park Realty License #01375487

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,566

Year Built

  • Built in 1923

Lot Details

  • 2,518 Sq Ft Lot
  • East Facing Home

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Spanish Architecture
  • Concrete Perimeter Foundation
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,008 Sq Ft Home
  • Wood Flooring
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Floor Furnace

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 6275
  • Assessor Parcel Number 7250024039

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,566

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Other Phone Description: 562 673 3550
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Belmont Heights (BH)
  • View: No
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7250024039
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1008.00
  • Interior Amenities: Copper Plumbing Full
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 615.08
  • Room Type: Master Bedroom

Exterior Features

  • Direction Faces: East
  • Foundation: Concrete Perimeter
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Refrigerator
  • Heating Type: Floor Furnace
  • Laundry Features: Common Area, Inside, Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 2518.00
  • Lot Size Acres: 0.0580

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2518.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 20
  • Tax Tract Number: 6275

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2013
Closed on
Jan 8, 2014
Sold by
Nervo Alex C
Bought by
Lim Jae W and Lim Erin E
Seller's Agent
Nate Cole
Suprstructur
Buyer's Agent
Dan Varner
RE/MAX College Park Realty
List Price
$625,000
Sold Price
$620,000
Premium/Discount to List
-$5,000
-0.8%
Current Estimated Value
$1,112,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$492,318
Avg. Annual Appreciation
5.07%
Original Mortgage
$496,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 1996
Sold by
Connors Charles F
Bought by
Nervo Alex C and Nervo Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,465
Interest Rate
8.01%
Mortgage Type
FHA
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
Lim Jae W $620,000 Ticor Title Insurance Co
Nervo Alex C $161,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lim Jae W $466,200
Closed Lim Jae W $461,500
Closed Lim Jae W $496,000
Previous Owner Nervo Alex C $189,038
Previous Owner Nervo Alex C $130,000
Previous Owner Nervo Alex C $206,000
Previous Owner Nervo Alex C $160,882
Previous Owner Nervo Alex C $157,465
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2014 01/16/14 Sold $620,000 -0.8% $615 / Sq Ft
09/17/2013 09/17/13 For Sale $625,000 -- $620 / 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 $9,566 $765,590 $608,024 $157,566
2024 $9,566 $750,579 $596,102 $154,477
2023 $9,405 $735,863 $584,414 $151,449
2022 $8,821 $721,435 $572,955 $148,480
2021 $8,650 $707,290 $561,721 $145,569
2019 $8,524 $686,313 $545,061 $141,252
2018 $8,293 $672,857 $534,374 $138,483
2016 $7,631 $646,731 $513,625 $133,106
2015 $7,318 $637,017 $505,910 $131,107
2014 $2,656 $218,168 $174,541 $43,627
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13189833

California Regional Multiple Listing Service (CRMLS)

APN: 7250-024-039