NOT LISTED FOR SALE

Estimated Value: $1,418,000 - $2,365,510

6 Beds
5 Baths
3,627 Sq Ft
$536/Sq Ft Est. Value

Last Sold May 23, 2018

Last sale price $1,390,000 $383 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $11,839/month

45 Days on Market

Highlights

  • RV Access or Parking
  • All Bedrooms Downstairs
  • Deck
  • Fremont Elementary School Rated A
  • 12,568 Sq Ft lot
  • Main Floor Bedroom

About This Home

As of May 2018

Come take a look at this entertainer’s dream tucked away in the highly sought-after community of Belmont Heights in Long Beach, CA. This home has tremendous curb appeal and is located just a hop, skip, and a jump from Belmont Shore, and a mere bike ride from both the beach and the historical 2nd Street. Even better, this property’s 12,000+ square foot lot is the largest residential lot to hit the MLS within a half mile over the LAST 5 YEARS. Best of all, this property features a completely renovated 2 bedroom unit in the back to bring in additional income for the homeowner. This unit has its own garage and can be accessed from Vermont St. Additionally, the lot features a tree-lined perimeter to ensure the necessary privacy to the entire estate. Moreover, the best way to describe the main house is livable, but undoubtedly in need of some cosmetic work. This home is perfect for that family looking to take the next step and shape the home of their dreams. The large master bedroom features a huge closet with well-designed built ins, a full bathroom, and a window wall that graciously overlooks the backyard and outdoor living area. All in all, this property – for the many reasons above – is an incredibly rare opportunity with tremendous upside. Be sure to come take a look before it’s gone.

Last Agent to Sell the Property

Joshua Barut

First Team Real Estate License #01971720 Listed on: 01/19/2018

First Team Real Estate

Last Buyer's Agent

Spencer Snyder

The Agency License #01912506

The Agency

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 0.29 Acre Lot
  • Landscaped
  • Corner Lot
  • Front Yard Sprinklers
  • Lawn
  • Garden
  • Back and Front Yard
  • Property is zoned LBR1N

Parking

  • 6 Car Direct Access Garage
  • 6 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Driveway Down Slope From Street
  • RV Access or Parking

Home Design

  • Raised Foundation

Interior Spaces

  • 3,627 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Double Pane Windows
  • Family Room with Fireplace
  • Storage
  • Neighborhood Views
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • All Bedrooms Down
  • 5 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • Deck
  • Wood Patio
  • Exterior Lighting
  • Shed
  • Front Porch

Additional Homes

  • Two Homes on a Lot

Schools

  • Wilson High School

Utilities

  • Central Heating
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 213
  • Tax Tract Number 0
  • Assessor Parcel Number 7250017023

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Belmont Heights (BH)
  • Zoning: LBR1N
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7250017023
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3627.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Granite Counters, Pantry, Storage
  • Stories: 2
  • Common Walls: No Common Walls
  • Accessibility Features: 2+ Access Exits, Parking
  • Appliances: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 383.24
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Shed(s), Storage, Two On A Lot
  • View: Neighborhood
  • Patio And Porch Features: Deck, Patio, Front Porch, Rear Porch, Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete, Driveway Down Slope From Street, Garage Faces Front, On Site, Oversized, Private, RV Access/Parking, RV Potential
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 6.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • High School: Wilson
  • High School2: WILSON

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Garden, Landscaped, Lawn, Lot 10000-19999 Sqft, Sprinklers In Front
  • Lot Size Sq Ft: 12568.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 5776.03
  • Tax Lot: 213
  • Tax Tract Number: 0.29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2018
Closed on
May 17, 2018
Sold by
Hollifield Michael Alan and Wada Valerie Jean
Bought by
Hollifield Michael Alan and Wada Valerie Jean
Seller's Agent
Joshua Barut
First Team Real Estate
Buyer's Agent
Spencer Snyder
The Agency
List Price
$1,490,000
Sold Price
$1,390,000
Premium/Discount to List
-$100,000
-6.71%
Current Estimated Value
$1,944,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$554,878
Avg. Annual Appreciation
4.51%
Original Mortgage
$1,042,500
Outstanding Balance
$883,742
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,061,136

Purchase Details

Listed on
Jan 19, 2018
Closed on
May 2, 2018
Sold by
Mock Timothy and Mock Amended
Bought by
Hollifield Michael Alan and Wada Valerie Jean
Seller's Agent
Joshua Barut
First Team Real Estate
Buyer's Agent
Spencer Snyder
The Agency
List Price
$1,490,000
Sold Price
$1,390,000
Premium/Discount to List
-$100,000
-6.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,042,500
Outstanding Balance
$883,742
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,061,136

Purchase Details

Closed on
Aug 14, 1995
Sold by
Risa Truman H
Bought by
Risa Truman H and Truman H Risa Living Trust

Purchase Details

Closed on
Mar 21, 1995
Sold by
Risa Truman H
Bought by
Risa Truman H and Truman H Risa Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hollifield Michael Alan -- Western Resources Title
Hollifield Michael Alan $1,390,000 Western Resources Title
Risa Truman H -- --
Risa Truman H -- Northern Counties Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hollifield Michael Alan $1,042,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2018 05/23/18 Sold $1,390,000 0.0% $383 / Sq Ft
02/26/2018 02/26/18 Price Changed $1,390,000 -4.1% $383 / Sq Ft
02/15/2018 02/15/18 Price Changed $1,449,000 -2.8% $400 / Sq Ft
02/13/2018 02/13/18 For Sale $1,490,000 +7.2% $411 / Sq Ft
02/08/2018 02/08/18 Off Market $1,390,000 -- --
02/06/2018 02/06/18 Price Changed $1,490,000 -9.6% $411 / Sq Ft
01/19/2018 01/19/18 For Sale $1,649,000 -- $455 / 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 $19,783 $1,581,577 $1,103,692 $477,885
2024 $19,783 $1,550,566 $1,082,051 $468,515
2023 $19,456 $1,520,164 $1,060,835 $459,329
2022 $18,252 $1,490,358 $1,040,035 $450,323
2021 $17,895 $1,461,137 $1,019,643 $441,494
2020 $17,847 $1,446,156 $1,009,188 $436,968
2019 $17,638 $1,417,800 $989,400 $428,400
2018 $3,621 $266,555 $87,027 $179,528
2016 $3,308 $256,206 $83,649 $172,557
2015 $3,183 $252,359 $82,393 $169,966
2014 $3,173 $247,417 $80,780 $166,637
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18014400

California Regional Multiple Listing Service (CRMLS)

APN: 7250-017-023