NOT LISTED FOR SALE

Estimated Value: $1,210,000 - $1,369,000

3 Beds
1 Bath
1,308 Sq Ft
$976/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $820,000 $627 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $7,615/month

405 Days on Market

Highlights

  • Across the Road from Lake or Ocean
  • View of Trees or Woods
  • Quartz Countertops
  • Woodrow Wilson High School Rated A
  • Wood Flooring
  • Lawn

About This Home

As of July 2020

A classic California Bungalow located on iconic 1st St, one of the finest streets in Long Beach, within one block of the sparkling Pacific Ocean. This truly grand remodeled bungalow has 3 bedrooms (or 2 bedrooms + den/office) and over 1,300 sq. ft., plus additional approx. 400 sq. ft. bonus basement with laundry and 1/2 bath. Upon entry from the front porch, you will be greeted by the warmth of natural wood. The light and bright living room consists of beautiful refinished hardwood floors, wood beamed ceilings, quality original built ins and a faux fireplace. The formal dining room with coffered ceilings and a built in natural wood china cabinet is next to the kitchen and a den/office or small 3rd bedroom. The newly remodeled kitchen features: quartz counters, a gas range, double sink, and custom cabinets. Additionally there are 2 bedrooms with new carpet and ample closet space, with a central hallway bath that has been completely remodeled new with: quartz counters, vanity & light fixture, bathtub & toilet and flooring. The home also has recently been painted inside & out. The lovely backyard setting includes space to entertain with grass and a bonus parking pad next to the one car garage. This home is situated in an A+ location and is a phenomenal opportunity to own a piece of real estate at the beach, just steps to the ocean. Come experience beach living at its finest, located within walking distance to: the ocean, Belmont Shore, and several great shops and restaurants.

Last Agent to Sell the Property

Mike Trossen

Equity Brokers License #01466702 Listed on: 04/24/2019

Co-Listed By

Ken Trossen

Equity Brokers License #00802751

Last Buyer's Agent

Mike Trossen

Equity Brokers License #01466702 Listed on: 04/24/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,194

Year Built

  • Built in 1913 | Remodeled

Lot Details

  • 4,840 Sq Ft Lot
  • Lawn
  • Back Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LBR4R

Parking

  • 1 Car Garage
  • 1 Carport Space

Home Design

  • Bungalow
  • Composition Roof

Interior Spaces

  • 1,308 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Beamed Ceilings
  • Coffered Ceiling
  • Decorative Fireplace
  • Dining Room
  • Views of Woods
  • Laundry Room
  • Basement

Kitchen

  • Gas Range
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Quartz Bathroom Countertops
  • Bathtub

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Outdoor Storage
  • Front Porch

Additional Features

  • Across the Road from Lake or Ocean
  • Gravity Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 5500
  • Assessor Parcel Number 7256003010

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,194

Year Built

Built in 1913 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Belmont Heights (BH)
  • View: Yes
  • Zoning: LBR4R
  • Architectural Style: Bungalow
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7256003010
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1308.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, Coffered Ceiling(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Decorative
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 626.91
  • Room Type: Basement
  • Bathroom Features: Bathtub, Quartz Counters, Remodeled, Upgraded
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • Other Structures: Storage
  • View: Trees/Woods
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Gravity
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Lawn
  • Lot Size Sq Ft: 4840.00
  • Lot Size Acres: 0.1111

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4840.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Across the Road from Lake/Ocean

Tax Info

  • Tax Census Tract: 5772.00
  • Tax Lot: 2
  • Tax Tract Number: 5500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2019
Closed on
Jun 17, 2020
Sold by
Gierlach Joanne
Bought by
Balocco Bruno Alfredo
Seller's Agent
Mike Trossen
Equity Brokers
Buyer's Agent
Mike Trossen
Equity Brokers
List Price
$995,000
Sold Price
$820,000
Premium/Discount to List
-$175,000
-17.59%
Current Estimated Value
$1,276,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,664
Avg. Annual Appreciation
8.68%
Original Mortgage
$410,000
Outstanding Balance
$326,305
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$950,359

Purchase Details

Listed on
Apr 24, 2019
Closed on
Jun 3, 2020
Sold by
Loveren George S and Loveren Isabella N
Bought by
Balocco Bruno Alfredo
Seller's Agent
Mike Trossen
Equity Brokers
Buyer's Agent
Mike Trossen
Equity Brokers
List Price
$995,000
Sold Price
$820,000
Premium/Discount to List
-$175,000
-17.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Outstanding Balance
$326,305
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$950,359
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
Balocco Bruno Alfredo -- Fidelity National Title
Balocco Bruno Alfredo $820,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balocco Bruno Alfredo $410,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2020 07/01/20 Sold $820,000 -8.8% $627 / Sq Ft
03/11/2020 03/11/20 Price Changed $899,000 -2.8% $687 / Sq Ft
12/10/2019 12/10/19 Price Changed $925,000 -4.5% $707 / Sq Ft
07/01/2019 07/01/19 Price Changed $969,000 -2.6% $741 / Sq Ft
04/24/2019 04/24/19 For Sale $995,000 -- $761 / 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 $11,194 $887,592 $649,458 $238,134
2024 $11,194 $870,189 $636,724 $233,465
2023 $11,009 $853,128 $624,240 $228,888
2022 $10,329 $836,400 $612,000 $224,400
2021 $10,131 $820,000 $600,000 $220,000
2020 $1,694 $110,902 $74,396 $36,506
2019 $1,675 $108,729 $72,938 $35,791
2018 $1,571 $106,598 $71,508 $35,090
2016 $1,443 $102,460 $68,732 $33,728
2015 $1,391 $100,922 $67,700 $33,222
2014 $1,390 $98,946 $66,374 $32,572
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19093297

California Regional Multiple Listing Service (CRMLS)

APN: 7256-003-010