NOT LISTED FOR SALE

425 Newport Ave Long Beach, CA 90814

Belmont Heights Neighborhood

Estimated Value: $1,156,000 - $1,379,824

4 Beds
3 Baths
1,384 Sq Ft
$919/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $1,150,000 $831 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,877/month

4 Days on Market

Highlights

  • Lawn
  • Laundry Room
  • 1-Story Property
  • Woodrow Wilson High School Rated A
  • Wall Furnace

About This Home

As of May 2022

Take advantage of this classic property in Belmont Heights with a finished 1 bedroom rear unit and a private gazebo. The front home has 3 bedrooms and 1 1/2 baths and has been fully remodeled with beautiful hardwood floors, and newer paint. There is a convenient 2 car garage and lots more to see. Both front and back units have their own private yards. DRIVE BY ONLY PLEASE!

Last Agent to Sell the Property

Abigail DeRuyter

HomeSmart Realty Group License #01204576 Listed on: 04/05/2022

HomeSmart Realty Group

Last Buyer's Agent

Kj Ticehurst

Think Boutiq Real Estate License #01990188

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 6,750 Sq Ft Lot
  • No Common Walls
  • Lawn
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Cosmetic Repairs Needed
  • Raised Foundation

Interior Spaces

  • 1,384 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Location

  • Urban Location

Utilities

  • Wall Furnace
  • Natural Gas Connected

Community Details

  • 2 Units
  • Belmont Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 18 / 6
  • Assessor Parcel Number 7257002019

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Belmont Heights (BH)
  • Zoning: LBR34
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 7257002019
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 830.92

Exterior Features

  • Foundation: Raised
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Walkstreet
  • Lot Size Sq Ft: 6750.00
  • Lot Size Acres: 0.1550

Multi Family

  • Lot Size Area: 6750.0000 Square Feet
  • Number Of Units Total: 2
  • Other Income Description: Call listing agent for income.
  • Rent Control: No

Tax Info

  • Tax Block: 6
  • Tax Census Tract: 5771.00
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2022
Closed on
May 20, 2022
Sold by
Heather Dunbar-Hall
Bought by
Dunbar-Hall Ian Brady
Seller's Agent
Abigail DeRuyter
HomeSmart Realty Group
Buyer's Agent
Kj Ticehurst
Think Boutiq Real Estate
List Price
$1,100,000
Sold Price
$1,150,000
Premium/Discount to List
$50,000
4.55%
Current Estimated Value
$1,272,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,456
Avg. Annual Appreciation
2.74%
Original Mortgage
$920,000
Outstanding Balance
$865,411
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$407,045

Purchase Details

Listed on
Apr 5, 2022
Closed on
Apr 26, 2022
Sold by
Madrid Velvet E
Bought by
Madrid Leonardo
Seller's Agent
Abigail DeRuyter
HomeSmart Realty Group
Buyer's Agent
Kj Ticehurst
Think Boutiq Real Estate
List Price
$1,100,000
Sold Price
$1,150,000
Premium/Discount to List
$50,000
4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Outstanding Balance
$865,411
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$407,045

Purchase Details

Listed on
Apr 5, 2022
Closed on
Apr 13, 2022
Sold by
Living Trust
Bought by
Dunbar-Hall Ian Brady
Seller's Agent
Abigail DeRuyter
HomeSmart Realty Group
Buyer's Agent
Kj Ticehurst
Think Boutiq Real Estate
List Price
$1,100,000
Sold Price
$1,150,000
Premium/Discount to List
$50,000
4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Outstanding Balance
$865,411
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$407,045

Purchase Details

Closed on
Mar 6, 2022
Sold by
Leonardo Madrid
Bought by
Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Outstanding Balance
$865,411
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$407,045

Purchase Details

Closed on
Jul 20, 2017
Sold by
Madrid Fernando V and Madrid Sol L
Bought by
Madrid Fernando V and Madrid Sol I

Purchase Details

Closed on
Jul 21, 2004
Sold by
Madrid Fernando V and Madrid Sol I
Bought by
Madrid Fernando V and Madrid Sol I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Dunbar-Hall Ian Brady -- New Title Company Name
Madrid Leonardo -- New Title Company Name
Dunbar-Hall Ian Brady $1,150,000 New Title Company Name
Living Trust -- New Title Company Name
Madrid Fernando V -- None Available
Madrid Fernando V -- None Available
Madrid Fernando V -- California Counties Title Co
Madrid Fernando V -- California Counties Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunbar-Hall Ian Brady $920,000
Previous Owner Madrid Fernando V $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2022 05/25/22 Sold $1,150,000 +4.5% $831 / Sq Ft
04/05/2022 04/05/22 For Sale $1,100,000 -- $795 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $15,234 $1,220,389 $795,906 $424,483
2024 $15,234 $1,196,460 $780,300 $416,160
2023 $14,979 $1,173,000 $765,000 $408,000
2022 $4,289 $322,142 $168,875 $153,267
2021 $4,199 $315,826 $165,564 $150,262
2020 $4,188 $312,589 $163,867 $148,722
2019 $4,140 $306,460 $160,654 $145,806
2018 $3,960 $300,452 $157,504 $142,948
2016 $3,644 $288,788 $151,389 $137,399
2015 $3,502 $284,451 $149,115 $135,336
2014 $3,487 $278,880 $146,195 $132,685
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Abigail DeRuyter

    HomeSmart Realty Group

    Section Image
  • Kj Ticehurst

    Buyer's Agent in 2022

    Kj Ticehurst

    Think Boutiq Real Estate

    (562) 221-8199

    1 in this area

    46 Total Sales

    Kj Ticehurst
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22067420

California Regional Multiple Listing Service (CRMLS)

APN: 7257-002-019

California Los Angeles County Long Beach 90814 Belmont Heights

425 Newport Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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