NOT LISTED FOR SALE

505 Roswell Ave Long Beach, CA 90814

Belmont Heights Neighborhood

Estimated Value: $1,281,000 - $1,442,000

4 Beds
4 Baths
2,488 Sq Ft
$561/Sq Ft Est. Value

Sale Details

Date Sold: September 16, 2016

Last sale price $730,000 $293 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $8,530 / mo

17 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating and Cooling System
  • Wood Burning Fireplace
  • Fremont Elementary School Rated A

About This Home

As of September 2016

Belmont Heights investor opportunity! Fabulous location to Belmont Shore, not to mention 5 blocks from the beach! 2, 2bedroom, 2 bath units, with 3 car garage, laundry in garage. Property needs TLC, sold as-is-condition!

Last Agent to Sell the Property

Nancy Baker

Kasey Hendley, Broker License #01065024 Listed on: 07/25/2016

Last Buyer's Agent

Nancy Baker

Kasey Hendley, Broker License #01065024 Listed on: 07/25/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 4,021 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Front Yard Sprinklers

Parking

  • 3 Car Garage
  • Parking Available
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Property Attached

Interior Spaces

  • 2,488 Sq Ft Home
  • Wood Burning Fireplace
  • Laundry in Garage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 48
  • Tax Tract Number 5771
  • Assessor Parcel Number 7255018027

Community Details

Overview

  • 2 Units

Building Details

  • 1 Leased Unit
  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

4,021 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Belmont Heights (BH)
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7255018027
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Wood Burning
  • Price Per Square Foot: 293.41

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage Door Opener, Garage Faces Side
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Sprinklers In Front
  • Lot Size Sq Ft: 4021.00
  • Price Per Lot Square Foot: 191.25

Multi Family

  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 1750.00

Tax Info

  • Tax Lot: 48
  • Tax Tract Number: 5771

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2016
Closed on
Aug 24, 2016
Sold by
Bought by
Seller's Agent
Nancy Baker
Kasey Hendley, Broker
Buyer's Agent
Nancy Baker
Kasey Hendley, Broker
List Price
$769,000
Sold Price
$730,000
Premium/Discount to List
-$39,000
-5.07%
Current Estimated Value
$1,396,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$666,676
Avg. Annual Appreciation
6.83%
Original Mortgage
$716,777
Interest Rate
0.0375%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$730,000 Ticor Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $919,000
Closed $944,900
Closed $951,000
Closed $946,538
Closed $726,000
Closed $716,777
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/16/2016 09/16/16 Sold $730,000 -5.1% $293 / Sq Ft
08/11/2016 08/11/16 Pending -- -- --
07/25/2016 07/25/16 For Sale $769,000 -- $309 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,302 $847,222 $591,896 $255,326
2024 $10,804 $830,611 $580,291 $250,320
2023 $10,624 $814,325 $568,913 $245,412
2022 $9,971 $798,358 $557,758 $240,600
2021 $9,771 $782,705 $546,822 $235,883
2019 $9,632 $759,492 $530,604 $228,888
2018 $9,373 $744,600 $520,200 $224,400
2016 $7,485 $578,588 $347,155 $231,433
2015 $6,747 $569,898 $341,941 $227,957
2014 $6,701 $558,735 $335,243 $223,492
Source: Public Records

Agents Affiliated with this Home

  • Nancy Baker

    Seller's Agent in 2016

    Nancy Baker

    Kasey Hendley, Broker

    (562) 233-1424

    2 Total Sales

    Nancy Baker
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16174760

California Regional Multiple Listing Service (CRMLS)

APN: 7255-018-027

California Los Angeles County Long Beach 90814 Belmont Heights

505 Roswell Ave, Long Beach, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.