NOT LISTED FOR SALE

504 Terraine Ave Long Beach, CA 90814

Alamitos Heights Neighborhood

Estimated Value: $1,454,841 - $1,669,000

3 Beds
2 Baths
1,848 Sq Ft
$842/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $802,500 $434 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $9,137/month

12 Days on Market

Highlights

  • Above Ground Spa
  • Traditional Architecture
  • Main Floor Bedroom
  • Lowell Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of August 2015

This 3 bedroom and 2 bathroom quaint home sits in Alamitos Heights. Open floor plan with large living room and family room, both with wood burning fireplaces. The kitchen opens up to the living room with a breakfast bar and built in storage. The front patio has ample space for entertaining guests or just relaxing with the family. Additionally, there is a spa on the back patio for relaxation. This home is in need of a new owners TLC and features hardwood floors, great floor plan and a lot of natural light. This is a great home to settle in with family and is a short walk to parks, golf, Marine Stadium and all of the other great Belmont Shore attractions.

Last Agent to Sell the Property

Bill D'Alvia

Vista Sotheby's Int'l Realty License #01883312 Listed on: 07/20/2015

Vista Sotheby's Int'l Realty

Co-Listed By

Sandra Riddle

Engel & Völkers Long Beach License #00891971

Last Buyer's Agent

William Larson

First Team Real Estate License #01373184

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946

Lot Details

  • 5,927 Sq Ft Lot
  • Wood Fence
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,848 Sq Ft Home
  • Ceiling Fan
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Above Ground Spa
  • Slab Porch or Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 7246006014

Home Details

Home Type

Single Family

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Alamitos Heights (AH)
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7246006014
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1848.00
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Price Per Square Foot: 434.25
  • Room Type: Family Room, Living Room, Main Floor Bedroom
  • Spa Features: Above Ground

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Patio, Slab, Stone
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Appliances: Double Oven, Disposal, Gas Range
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5927.00
  • Price Per Lot Square Foot: 135.40
  • Lot Size Acres: 0.1360

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5927.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2015
Closed on
Aug 11, 2015
Sold by
Burt Timothy
Bought by
Bailey Ryan and Bailey Angela
Seller's Agent
Bill D'Alvia
Vista Sotheby's Int'l Realty
Buyer's Agent
William Larson
First Team Real Estate
List Price
$725,000
Sold Price
$802,500
Premium/Discount to List
$77,500
10.69%
Current Estimated Value
$1,555,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$753,460
Avg. Annual Appreciation
6.59%
Original Mortgage
$441,375
Outstanding Balance
$340,758
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,215,202

Purchase Details

Closed on
May 25, 2011
Sold by
Burt Lovoy Dolores Ann
Bought by
Burt Lovoy Dolores Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$877,500
Interest Rate
2.69%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jan 22, 2008
Sold by
Burt Dolores A
Bought by
Burt Dolores A and Dolores Ann Burt Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2008
Sold by
Lovoy Peter
Bought by
Burt Dolores A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
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
Bailey Ryan $802,500 Fntg
Burt Lovoy Dolores Ann -- Nations Title Co Of Ca
Burt Dolores A -- Accommodation
Burt Dolores A -- Southland Title
Burt Dolores A -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Ryan $441,375
Previous Owner Burt Lovoy Dolores Ann $877,500
Previous Owner Burt Dolores A $181,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2015 08/28/15 Sold $802,500 +10.7% $434 / Sq Ft
08/01/2015 08/01/15 Pending -- -- --
07/20/2015 07/20/15 For Sale $725,000 -- $392 / 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 $12,003 $949,988 $759,993 $189,995
2024 $12,003 $931,362 $745,092 $186,270
2023 $11,805 $913,101 $730,483 $182,618
2022 $11,078 $895,198 $716,160 $179,038
2021 $10,864 $877,646 $702,118 $175,528
2019 $10,710 $851,617 $681,294 $170,323
2018 $10,392 $834,920 $667,936 $166,984
2016 $9,559 $802,500 $642,000 $160,500
2015 $1,389 $105,806 $48,734 $57,072
2014 $1,387 $103,735 $47,780 $55,955
Source: Public Records

Agents Affiliated with this Home

  • Bill D'Alvia

    Seller's Agent in 2015

    Bill D'Alvia

    Vista Sotheby's Int'l Realty

    (562) 508-8900

    27 Total Sales

    Bill D'Alvia
    Section Image

  • S

    Seller Co-Listing Agent in 2015

    Sandra Riddle

    Engel & Völkers Long Beach

  • William Larson

    Buyer's Agent in 2015

    William Larson

    First Team Real Estate

    (866) 525-3656

    1 in this area

    24 Total Sales

    William Larson
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV15158290

California Regional Multiple Listing Service (CRMLS)

APN: 7246-006-014

California Los Angeles County Long Beach 90814 Alamitos Heights

504 Terraine Ave, Long Beach, CA

Not Listed for Sale

Detached

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