NOT LISTED FOR SALE

Estimated Value: $1,430,000 - $1,584,324

5 Beds
3 Baths
1,998 Sq Ft
$769/Sq Ft Est. Value

Last Sold June 25, 2020

Last sale price $1,120,000 $561 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $9,433/month

75 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Spanish Architecture
  • Fremont Elementary School Rated A
  • Main Floor Bedroom
  • Granite Countertops

About This Home

As of June 2020

Welcome to 331 - 333 Termino! What a Gorgeous, Versatile Property Located in Belmont Heights! The Front Home, a Beautiful Spanish Style, has 4 Bedrooms and 2 Bathrooms and is 1518 sq. ft. per Title. Two bedrooms and one bathroom are on the first floor. Two bedrooms and one bathroom are on the second floor, as well. The Back Detached Home Offers you 1 Bedroom and 1 Bath and is 480 sq. ft. per Title, with Central Air and a Huge Private Deck. This Residential Income Property is Turnkey. Nestled On a Large Lot with a One Car Detached Garage, Both Homes Have Private Patios & Deck. This "Two on a Lot" Property is Gorgeous! The Original Charm Draws You In With French Doors and Many Large Windows with Impeccable Wood Trim. Cook & Dine in a Newly Remodeled Kitchen! Features Include Central Air & Heating, Beautiful Hardwood Floors, Remodeled Kitchen with Granite Counters, Stainless Steel Appliances & Tile Flooring, Tastefully Upgraded Baths. New Awnings Grace the Exterior of the Home. Large Mature Palms, Plants, Vibrant Colored Flowers surround the Front House. A Side Driveway Rolls Up to a Detached Single Car Garage. Live in One and Rent the Other! OR Rent both homes out! Walking Distance to the Beach, Coffee Shops, Neighborhood Cafes, and to 2nd Street in Belmont Shore! Virtual Tour Available! Visit http://bit.ly/333termino

Last Agent to Sell the Property

Jennifer & Dennis Schutt

Dennis Schutt Realty License #01076268 Listed on: 03/06/2020

Co-Listed By

Dennis Schutt

Dennis Schutt Realty License #00757378

Last Buyer's Agent

Mohsen Shahbani

Coldwell Banker Realty License #01068932

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,374

Year Built

  • Built in 1921

Lot Details

  • 5,155 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Front Yard

Parking

  • 1 Car Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Duplex
  • Spanish Architecture
  • Turnkey
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 1,998 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • L-Shaped Dining Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • Upgraded Bathroom
  • 3 Full Bathrooms
  • Tile Bathroom Countertop
  • Bathtub with Shower

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Open Patio
  • Exterior Lighting
  • Shed

Schools

  • Woodrow Wilson High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 5771
  • Assessor Parcel Number 7255013037

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Water Sports
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,374

Year Built

Built in 1921

Lot Details

0

Parking

1

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Subdivision Name Other: Belmont Heights (BH)
  • View: No
  • Zoning: LBR1N
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 7255013037
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1998.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Dining Ell, In Kitchen
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 560.56
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Walk-In Closet
  • Bathroom Features: Bathtub, Shower In Tub, Tile Counters, Upgraded
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s)
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Deck, Patio Open
  • Pool Private: No
  • Roof: Asphalt, Composition
  • Spa: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Watersports, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Long Beach Unified
  • High School: Woodrow Wilson
  • High School: Woodrow Wilson
  • High School2: WOOWIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5155.00
  • Lot Size Acres: 0.1183

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5155.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 5771.00
  • Tax Lot: 19
  • Tax Tract Number: 5771

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Jun 10, 2020
Sold by
Williams Kimberly and Kimberly Williams Revocable Tr
Bought by
Veloria Debra and Veloria Gerado
Seller's Agent
Jennifer & Dennis Schutt
Dennis Schutt Realty
Buyer's Agent
Mohsen Shahbani
Coldwell Banker Realty
List Price
$1,170,000
Sold Price
$1,120,000
Premium/Discount to List
-$50,000
-4.27%
Total Days on Market
75
Current Estimated Value
$1,536,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,081
Avg. Annual Appreciation
6.15%
Original Mortgage
$620,000
Outstanding Balance
$558,003
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$945,068

Purchase Details

Listed on
Jan 15, 2016
Closed on
Mar 24, 2016
Sold by
West Ridge Rentals Llc
Bought by
Williams Kimberly and The Kimberly Williams Revocabl
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
Buyer's Agent
Jennifer & Dennis Schutt
Dennis Schutt Realty
List Price
$999,900
Sold Price
$899,900
Premium/Discount to List
-$100,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.32%

Purchase Details

Closed on
Aug 25, 2015
Sold by
Goren Eli
Bought by
West Ridge Rentals Llc

Purchase Details

Closed on
May 21, 2003
Sold by
Forry Michael R and Forry Diana C
Bought by
Goren Eli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,200
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2003
Sold by
Olivas Lori Beatrice
Bought by
Goren Eli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,200
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2001
Sold by
Wildasinn Constance J
Bought by
Forry Michael R and Forry Diana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,950
Interest Rate
6.51%

Purchase Details

Closed on
Aug 12, 1996
Sold by
Wildasinn Constance J and The Constance J Wildasinn Trus
Bought by
Wildasinn Contance J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8.18%

Purchase Details

Closed on
Dec 13, 1995
Sold by
Glendale Federal Bank Fsb
Bought by
Wildasinn Constance J and The Constance J Wildasinn Trus

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
7.1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 22, 1995
Sold by
Nero Loree and Hovard Robert R
Bought by
Glendale Federal Bank Fsb
Source: Public Records

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Range of Values:

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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
Veloria Debra $1,120,000 Orange Coast Title
Williams Kimberly $900,000 Title 365
West Ridge Rentals Llc $700,000 Title 365
Goren Eli $644,000 Ort
Goren Eli -- Ort
Forry Michael R $455,000 Old Republic Title Company
Wildasinn Contance J -- United Title Company
Wildasinn Constance J $200,000 Continental Lawyers Title Co
Glendale Federal Bank Fsb $265,500 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veloria Debra $620,000
Previous Owner West Ridge Rentals Llc $0
Previous Owner Goren Eli $220,000
Previous Owner Goren Eli $675,000
Previous Owner Goren Eli $515,200
Previous Owner Forry Michael R $351,950
Previous Owner Wildasinn Constance J $245,000
Previous Owner Wildasinn Contance J $30,000
Previous Owner Wildasinn Constance J $180,000
Closed Forry Michael R $68,250
Closed Goren Eli $128,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2020 06/25/20 Sold $1,120,000 -4.3% $561 / Sq Ft
05/20/2020 05/20/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $1,170,000 +30.0% $586 / Sq Ft
04/05/2016 04/05/16 Sold $899,900 -10.0% $450 / Sq Ft
03/07/2016 03/07/16 Pending -- -- --
01/15/2016 01/15/16 For Sale $999,900 -- $500 / 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
2024 $15,374 $1,200,863 $782,706 $418,157
2023 $15,119 $1,177,317 $767,359 $409,958
2022 $14,182 $1,154,233 $752,313 $401,920
2021 $13,910 $1,131,602 $737,562 $394,040
2020 $12,133 $981,984 $633,222 $348,762
2019 $11,989 $962,730 $620,806 $341,924
2018 $11,671 $943,854 $608,634 $335,220
2016 $9,227 $770,000 $540,000 $230,000
2015 $8,972 $776,066 $512,158 $263,908
2014 $8,905 $760,865 $502,126 $258,739
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20050472

California Regional Multiple Listing Service (CRMLS)

APN: 7255-013-037