D
Seller's Agent in 2013
Dave Sterud
David Curtis Sterud, Broker
3720 E 7th St Long Beach, CA 90804
Belmont Heights NeighborhoodEstimated Value: $721,782
2
Beds
2
Baths
1,424
Sq Ft
$507/Sq Ft
Est. Value
Highlights
- Contemporary Architecture
- No HOA
- 1-Story Property
- Fremont Elementary School Rated A
- Wall Furnace
About This Home
As of June 2013A very Rare opportunity, "7Th street frontage". Location,location,location..Wonderful Opportunity to Walk to Work!! This is a Business/Income property centrally located in the Belmont Heights very close to Belmont Shores. . Features a business front unit (approx 550 sq. ft.) and a Two Bedroom/ One Bath residence unit rental behind the office (approx 900 sq. ft).. It has a huge Storage Garage (approx 500 sq. ft.) in the back which is being used for his business storage. There is a long driveway leading to the back storage for additional parking. The owner has occupied the property for decades and the front office is facing 7th street which is currently a Carpet Retail Outlet. Once again The Property has great street exposure as this is a very busy street. Please drive by and call for viewing. Do Not disturb the Tenants. Thank you for showing.
Last Agent to Sell the Property
Dave Sterud
David Curtis Sterud, Broker License #01745962 Listed on: 03/07/2013
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 4,522 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 1 Car Garage
- Shared Driveway
- On-Street Parking
Home Design
- Contemporary Architecture
- Raised Foundation
- Stucco
Interior Spaces
- 1,424 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Utilities
- Wall Furnace
Listing and Financial Details
- Tenant pays for gas
- Tax Lot 0.10
- Tax Tract Number 450
- Assessor Parcel Number 7254025003
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Water Sewer Expense $100
- Gross Income $1,000
- Net Operating Income $11,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 7, 2013
Closed on
Apr 18, 2013
Sold by
Gunderson Gordon L and Gunderson Lavonne M
Bought by
Kim Won K and Wan Jackie Y
Seller's Agent
Dave Sterud
David Curtis Sterud, Broker
Buyer's Agent
Dave Kerlin
HomeSmart PV & Associates
List Price
$385,000
Sold Price
$340,000
Premium/Discount to List
-$45,000
-11.69%
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
$381,782
Avg. Annual Appreciation
6.23%
Original Mortgage
$248,800
Interest Rate
3.38%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 6, 2000
Sold by
Gunderson Gordon L and Gunderson Donald H
Bought by
Gunderson Gordon L and Gunderson Lavonne M
Purchase Details
Closed on
Jul 28, 1995
Sold by
Sanford Group Inc
Bought by
Alert Tax Service Inc
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 |
|---|---|---|---|
| Kim Won K | $340,000 | Ortc | |
| Gunderson Gordon L | -- | -- | |
| Alert Tax Service Inc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kim Won K | $248,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/11/2013 06/11/13 | Sold | $340,000 | -11.7% | $239 / Sq Ft |
| 04/12/2013 04/12/13 | Pending | -- | -- | -- |
| 03/07/2013 03/07/13 | For Sale | $385,000 | -- | $270 / 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 | $5,658 | $418,670 | $233,963 | $184,707 |
| 2024 | $5,658 | $410,462 | $229,376 | $181,086 |
| 2023 | $5,560 | $402,415 | $224,879 | $177,536 |
| 2022 | $5,229 | $394,525 | $220,470 | $174,055 |
| 2021 | $5,119 | $386,791 | $216,148 | $170,643 |
| 2020 | $5,106 | $382,826 | $213,932 | $168,894 |
| 2019 | $5,047 | $375,321 | $209,738 | $165,583 |
| 2018 | $4,853 | $367,963 | $205,626 | $162,337 |
| 2016 | $4,469 | $353,677 | $197,643 | $156,034 |
| 2015 | $4,294 | $348,366 | $194,675 | $153,691 |
| 2014 | $4,261 | $341,543 | $190,862 | $150,681 |
Source: Public Records
Agents Affiliated with this Home
-
-
Dave Kerlin
D
Buyer's Agent in 2013
Dave Kerlin
HomeSmart PV & Associates
(562) 714-3311
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW13038392
APN: 7254-025-003
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.
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
Nearby Homes
- 735 Newport Ave
- 3740 E 5th St
- 605 Redondo Ave Unit 308
- 678 Coronado Ave
- 844 Loma Ave
- 3600 E 4th St Unit 305
- 3600 E 4th St Unit 203
- 831 Mira Mar Ave
- 920 Loma Ave
- 824 Redondo Ave
- 3712 E 10th St
- 367 Loma Ave
- 444 Obispo Ave Unit 3
- 4006 E Vermont St
- 4218 E Elko St
- 831 Roswell Ave
- 3025 E Theresa St
- 360 Obispo Ave Unit 15
- 4244 E 5th St
- 308 Coronado Ave
- 3716 E 7th St
- 687 Grand Ave
- 681 Grand Ave
- 675 Grand Ave
- 672 Euclid Ave
- 664 Euclid Ave
- 667 Grand Ave Unit 667 1/2, 669
- 667 Grand Ave Unit 3
- 667 Grand Ave
- 667 N Grand Ave
- 658 Euclid Ave
- 653 Grand Ave Unit B
- 653 Grand Ave
- 653 Grand Ave Unit Upstairs front build
- 653 Grand Ave
- 650 Euclid Ave
- 690 Grand Ave Unit 304
- 690 Grand Ave Unit 101
- 690 Grand Ave Unit 106
- 690 Grand Ave Unit 107