K
Seller's Agent in 2021
Katherine Cotter
eXp Realty of California Inc
4140 E 5th St Long Beach, CA 90814
Belmont Heights NeighborhoodEstimated Value: $1,631,000 - $1,881,000
3
Beds
2
Baths
3,806
Sq Ft
$462/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Midcentury Modern Architecture
- No HOA
- Fremont Elementary School Rated A
- Living Room with Attached Deck
- Corian Countertops
About This Home
As of November 2021Great property looking for the right buyer. Two large apartments in one building. You own it all, a duplex. Live in one/collect rent on the other or rent both units out Two large units, 3-bedrooms, 2-full bath app., 1903 sq ft. (title co.). Each unit larger than most houses. Each unit has exactly the same floorplan. Both units newer flooring. Upper unit features new Corian countertops. Upper unit features massive, recently resurfaced deck, room for patio furniture, dining outside, potted or hanging plants. Downstairs features a patio. Both units have back patios off bedroom and the master. Wide open floor plans and larger than usual master bedroom. Each unit has wood-burning fireplace. Shared laundry in garage. One double car garage with opener. Single garage opens manually. Both units have newer double ovens. Upstairs has brand new range. On a corner lot in the heart of Belmont Heights. Property is one block from Fremont Elementary School. Walk to Colorado Lagoon and even Belmont Shore. Rental information all estimated and projected since the top has been owner occupied by seller for last 21 years. The bottom has been rented without increase in four years. Lender pays taxes and insurance for this owner. Three water heaters (one in each unit and one for laundry.) Three electrical meters (one for each unit and one for building.) Automatic sprinklers.
Last Agent to Sell the Property
Katherine Cotter
eXp Realty of California Inc License #01297889 Listed on: 07/28/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1968 | Remodeled
Lot Details
- 4,509 Sq Ft Lot
- No Common Walls
- Block Wall Fence
- Density is 2-5 Units/Acre
Parking
- 3 Car Direct Access Garage
- Parking Available
- Three Garage Doors
- Garage Door Opener
- No Driveway
Home Design
- Midcentury Modern Architecture
Interior Spaces
- 3,806 Sq Ft Home
- Open Floorplan
- Built-In Features
- Wood Burning Fireplace
- Window Screens
- Living Room with Fireplace
- Living Room with Attached Deck
- Laminate Flooring
Kitchen
- Electric Oven
- Electric Cooktop
- Dishwasher
- Corian Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- 220 Volts In Laundry
Outdoor Features
- Balcony
- Exterior Lighting
- Rain Gutters
Utilities
- Cooling System Mounted To A Wall/Window
- Radiant Heating System
- Electric Water Heater
Listing and Financial Details
- Tenant pays for electricity
- Legal Lot and Block 12 / 015
- Tax Tract Number 19
- Assessor Parcel Number 7255019015
Community Details
Overview
- No Home Owners Association
- 2 Units
- Belmont Heights Subdivision
Amenities
- Laundry Facilities
Building Details
- 3 Separate Electric Meters
- Electric Expense $100
- Gardener Expense $100
- Insurance Expense $2,000
- Water Sewer Expense $25
- Operating Expense $2,175
- Gross Income $2,500
- Net Operating Income $26,100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 14, 2003
Sold by
Cotter Barbara
Bought by
Cotter Barbara
Current Estimated Value
Purchase Details
Closed on
Jun 22, 2000
Sold by
Belmont Park Income Properties Ltd
Bought by
Cotter 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
$323,400
Interest Rate
8.2%
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 |
|---|---|---|---|
| Cotter Barbara | -- | Chicago Title Co | |
| Cotter Barbara | -- | Chicago Title Co | |
| Cotter Barbara | -- | Chicago Title Co | |
| Cotter Barbara | -- | Chicago Title Co | |
| Cotter Barbara J | $425,000 | Fidelity Title | |
| Cotter Barbara J | -- | Fidelity Title | |
| Cotter Barbara J | $425,000 | Fidelity Title | |
| Cotter Barbara J | -- | Fidelity Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cotter Barbara J | $323,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/05/2021 11/05/21 | Sold | $1,475,000 | -7.8% | $388 / Sq Ft |
| 10/05/2021 10/05/21 | Pending | -- | -- | -- |
| 10/01/2021 10/01/21 | Price Changed | $1,599,999 | -1.8% | $420 / Sq Ft |
| 09/12/2021 09/12/21 | Price Changed | $1,630,000 | -1.2% | $428 / Sq Ft |
| 08/26/2021 08/26/21 | Price Changed | $1,650,000 | -2.9% | $434 / Sq Ft |
| 07/28/2021 07/28/21 | For Sale | $1,700,000 | 0.0% | $447 / Sq Ft |
| 06/13/2015 06/13/15 | Rented | $2,500 | 0.0% | -- |
| 06/13/2015 06/13/15 | For Rent | $2,500 | -- | -- |
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 | $20,514 | $1,565,281 | $1,018,759 | $546,522 |
| 2024 | $19,626 | $1,534,590 | $998,784 | $535,806 |
| 2023 | $19,303 | $1,504,500 | $979,200 | $525,300 |
| 2022 | $18,108 | $1,475,000 | $960,000 | $515,000 |
| 2021 | $7,577 | $591,623 | $353,583 | $238,040 |
| 2019 | $7,469 | $574,078 | $343,097 | $230,981 |
| 2018 | $7,245 | $562,822 | $336,370 | $226,452 |
| 2016 | $6,644 | $540,968 | $323,309 | $217,659 |
| 2015 | $6,380 | $532,843 | $318,453 | $214,390 |
| 2014 | $6,259 | $522,406 | $312,215 | $210,191 |
Source: Public Records
Agents Affiliated with this Home
-
-
Sandra Guevara
Buyer's Agent in 2021
Sandra Guevara
Keller Williams Palos Verdes
(310) 963-3782
3 in this area
68 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21165460
APN: 7255-019-015
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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
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