NOT LISTED FOR SALE

Estimated Value: $965,609 - $1,215,000

2 Beds
1 Bath
752 Sq Ft
$1,426/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $620,000 $824 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $6,634/month

81 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Property is near a park
  • No HOA
  • Lowell Elementary School Rated A-
  • Wood Flooring
  • 5-minute walk to Colorado Lagoon

About This Home

As of May 2014

Live the good life in this adorable 1923 Craftsman at prime Belmont Heights location, just blocks to all the fun and shopping in Belmont Shore. Close to Colorado Lagoon, Marine Stadium, gorgeous Marina Vista Park, and a short distance to the ocean. Gorgeous, wide front steps lead to this extensively top to bottom remodeled home. Sellers invested over $95K in foundations upgrade, new kitchen, new roof, hardwood floors, new PEX plumbing, tankless water heater, all new appliances, New exterior siding and more. The living room is bright and spacious, with hardwood floors and full with light coming through the 3 large windows. The formal dining room offers original built-ins and is light and bright. Original, wide moldings throughout are a pleasure to the eye. The just remodeled kitchen is bright and efficient, with a special niche for washer and dryer. kitchen opens to the enclosed yard. The pristine bathroom is spacious and super charming, with a pedestal sink and subway style tiles. Plenty of light here as well, with 2 windows. Lovely hallway area between the bedrooms. Plumbed for gas BBQ, hot and cold water outside for a beach shower. Lowell school district.

Last Agent to Sell the Property

Carmela Etgar

First Team Real Estate License #01276497 Listed on: 03/07/2014

Last Buyer's Agent

Chad Yates

Century 21 Masters License #01942561

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,489

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 2,376

Parking

  • 1 Car Attached Garage

Home Design

  • Bungalow
  • Composition Roof

Interior Spaces

  • 752 Sq Ft Home
  • Dining Room
  • Laundry Room

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Full Bathroom

Utilities

  • Floor Furnace
  • Tankless Water Heater
  • Sewer Paid

Additional Features

  • 2,376 Sq Ft Lot
  • Property is near a park

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 1
  • Assessor Parcel Number 7250023012

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,489

Year Built

Built in 1923 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Inclusions: Refrigerator,washer,dryer
  • Property Attached: No
  • Subdivision Name Other: Belmont Heights (BH)
  • View: No
  • Architectural Style: Bungalow
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7250023012
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 752.00
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Levels: One
  • Price Per Square Foot: 824.47
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Refrigerator, Tankless Water Heater
  • Heating Type: Floor Furnace
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Long Beach Unified

Lot Info

  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 2376.00
  • Lot Size Acres: 0.0550

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2376.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2014
Closed on
May 7, 2014
Sold by
Boffi Carlo A
Bought by
Yates Ryan W
Seller's Agent
Carmela Etgar
First Team Real Estate
Buyer's Agent
Chad Yates
Century 21 Masters
List Price
$629,000
Sold Price
$620,000
Premium/Discount to List
-$9,000
-1.43%
Current Estimated Value
$1,072,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,402
Avg. Annual Appreciation
4.49%
Original Mortgage
$598,300
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 8, 2013
Closed on
May 13, 2013
Sold by
Peterson Karen L Goodman
Bought by
Boffi Carlo A and Ichikawa Satomi
Seller's Agent
Carmela Etgar
First Team Real Estate
Buyer's Agent
Carmela Etgar
First Team Real Estate
List Price
$550,000
Sold Price
$530,000
Premium/Discount to List
-$20,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.55%
Original Mortgage
$410,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2004
Sold by
Peterson Karen L Goodman and Peterson Michael P
Bought by
Peterson Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2003
Sold by
Goodman Karen L and Peterson Michael P
Bought by
Peterson Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,200
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2001
Sold by
Kraus Linda Jean
Bought by
Goodman Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
6.62%

Purchase Details

Closed on
Jan 14, 1994
Sold by
Sage Christopher L and Sage Liane R
Bought by
Kraus Linda Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.21%
Mortgage Type
Assumption
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
Yates Ryan W $620,000 Western Resources Title Co
Boffi Carlo A $530,000 Western Resources Title Co
Peterson Michael P -- --
Peterson Michael P -- California Counties Title Co
Goodman Karen L $288,000 North American Title Co
Kraus Linda Jean $164,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yates Ryan W $560,000
Closed Yates Ryan W $592,175
Closed Yates Ryan W $598,300
Previous Owner Boffi Carlo A $410,000
Previous Owner Peterson Karen L Goodman $380,000
Previous Owner Peterson Michael P $150,000
Previous Owner Peterson Michael P $50,000
Previous Owner Peterson Michael P $234,200
Previous Owner Goodman Karen L $230,400
Previous Owner Kraus Linda Jean $236,000
Previous Owner Kraus Linda Jean $162,000
Previous Owner Kraus Linda Jean $164,000
Closed Goodman Karen L $43,200
Closed Peterson Michael P $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2014 05/30/14 Sold $620,000 -1.4% $824 / Sq Ft
05/09/2014 05/09/14 Pending -- -- --
02/17/2014 02/17/14 For Sale $629,000 +18.7% $836 / Sq Ft
06/11/2013 06/11/13 Sold $530,000 -3.6% $705 / Sq Ft
05/07/2013 05/07/13 Pending -- -- --
04/08/2013 04/08/13 For Sale $550,000 -- $731 / 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 $9,489 $760,024 $608,024 $152,000
2024 $9,489 $745,122 $596,102 $149,020
2023 $9,329 $730,513 $584,414 $146,099
2022 $8,749 $716,190 $572,955 $143,235
2021 $8,581 $702,148 $561,721 $140,427
2019 $8,457 $681,324 $545,061 $136,263
2018 $8,220 $667,966 $534,374 $133,592
2016 $7,566 $642,030 $513,625 $128,405
2015 $7,256 $632,387 $505,910 $126,477
2014 $6,282 $532,405 $425,924 $106,481
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14033548

California Regional Multiple Listing Service (CRMLS)

APN: 7250-023-012