A
Seller's Agent in 2015
AJ Nay
AJ Nay, Broker
(562) 301-5899
1 in this area
7 Total Sales
505 Roycroft Ave Long Beach, CA 90814
Belmont Heights NeighborhoodEstimated Value: $1,288,000 - $1,722,000
5
Beds
4
Baths
2,353
Sq Ft
$638/Sq Ft
Est. Value
Highlights
- Atrium Room
- Property is near a park
- Main Floor Primary Bedroom
- Fremont Elementary School Rated A
- Wood Flooring
- Bonus Room
About This Home
As of August 2015HUGE PRICE REDUCTION!! Come home to your private sanctuary nestled up against the wide open greenbelt. Want privacy in the Heights? You get it here! The 3 bedroom 2 bath upper is a perfect owners unit . Relax on your private balcony just off of the master and watch the sun rise above the Colorado Lagoon. Bamboo floors, spacious open floor plan with vaulted ceilings and lots of windows!
The lower 2 bedroom, 2 bath unit has 2 private patios and an attached (completely finished) garage with direct access inside. Bamboo floors, french doors, recently upgraded kitchen with vintage look, fireplace in living room and private laundry. And the bonus.....it's currently rented for $2,500 per month!
Total of 3 garages plus there is plenty of street parking in this quiet neighborhood. An easy walk to the Shore and Marine Stadium for Summer Concert in the Park and the Farmers Market.
More photos coming soon.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,885
Year Built
- Built in 1972
Lot Details
- 3,772 Sq Ft Lot
- Property fronts an alley
- 1 Common Wall
- Paved or Partially Paved Lot
- Private Yard
Parking
- 3 Car Garage
Home Design
- Property Attached
Interior Spaces
- 2,353 Sq Ft Home
- Family Room with Fireplace
- Living Room
- Bonus Room
- Atrium Room
- Wood Flooring
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- 4 Bathrooms
Additional Features
- Property is near a park
- Forced Air Heating System
Listing and Financial Details
- Tax Lot 12
- Tax Tract Number 8106
Community Details
Overview
- 2 Units
- Greenbelt
Building Details
- 2 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Insurance Expense $600
- New Taxes Expense $13,209
- Gross Income $5,250
- Net Operating Income $49,630
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 2, 2021
Sold by
Mizrahi Geoffrey and Mizrahi Olga
Bought by
Mizrahi Geoffrey and Mizrahi Olga
Current Estimated Value
Purchase Details
Listed on
May 28, 2015
Closed on
Jul 21, 2015
Sold by
Wheat Dennis Patrick
Bought by
Mizrahi Geoffrey and Mizrahi Olga
Seller's Agent
AJ Nay
AJ Nay, Broker
Buyer's Agent
AJ Nay
AJ Nay, Broker
List Price
$1,050,000
Sold Price
$930,000
Premium/Discount to List
-$120,000
-11.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.92%
Original Mortgage
$651,000
Outstanding Balance
$512,363
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$989,311
Purchase Details
Closed on
May 7, 2008
Sold by
Bright John and Bright Smith Camille
Bought by
Wheat Dennis Patrick
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,000
Interest Rate
5.87%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 3, 2006
Sold by
Bright John and Bright Smith Camille
Bought by
Bright John
Purchase Details
Closed on
Sep 10, 2004
Sold by
Kinney Frances Elizabeth and Dohn James
Bought by
Bright John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 11, 2003
Sold by
Dohn James and Dohn Frances
Bought by
Kinney Frances Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
5.46%
Mortgage Type
Balloon
Purchase Details
Closed on
May 22, 1998
Sold by
Dower Hamm Partners
Bought by
Dohn James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
7.11%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jan 31, 1994
Sold by
Dower Pauline K and Hamm Chad W
Bought by
Dower Hamm Partners
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 |
|---|---|---|---|
| Mizrahi Geoffrey | -- | None Available | |
| Mizrahi Geoffrey | $930,000 | None Available | |
| Wheat Dennis Patrick | $920,000 | North American Title Company | |
| Bright John | -- | None Available | |
| Bright John | $855,000 | Fidelity National Title Comp | |
| Kinney Frances Elizabeth | -- | Lawyers Title | |
| Dohn James | $355,000 | -- | |
| Dower Hamm Partners | -- | -- | |
| Dower Pauline K | -- | -- | |
| Dower Pauline K | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mizrahi Geoffrey | $651,000 | |
| Previous Owner | Wheat Dennis Patrick | $777,296 | |
| Previous Owner | Wheat Dennis Patrick | $812,000 | |
| Previous Owner | Bright John | $28,000 | |
| Previous Owner | Bright John | $700,000 | |
| Previous Owner | Bright John | $605,000 | |
| Previous Owner | Kinney Frances Elizabeth | $318,000 | |
| Previous Owner | Dohn James | $317,600 | |
| Previous Owner | Dohn James | $71,000 | |
| Previous Owner | Dohn James | $248,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2015 08/21/15 | Sold | $930,000 | -11.4% | $395 / Sq Ft |
| 07/18/2015 07/18/15 | Pending | -- | -- | -- |
| 05/28/2015 05/28/15 | For Sale | $1,050,000 | -- | $446 / Sq Ft |
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 | $13,885 | $1,100,924 | $769,465 | $331,459 |
| 2024 | $13,885 | $1,079,338 | $754,378 | $324,960 |
| 2023 | $13,655 | $1,058,176 | $739,587 | $318,589 |
| 2022 | $12,811 | $1,037,429 | $725,086 | $312,343 |
| 2021 | $12,561 | $1,017,088 | $710,869 | $306,219 |
| 2020 | $12,528 | $1,007,060 | $703,580 | $303,480 |
| 2019 | $12,381 | $987,323 | $689,785 | $297,538 |
| 2018 | $12,061 | $967,972 | $676,260 | $291,712 |
| 2016 | $11,091 | $930,000 | $650,000 | $280,000 |
| 2015 | $11,567 | $1,005,477 | $765,038 | $240,439 |
| 2014 | $11,476 | $985,782 | $750,052 | $235,730 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW15115212
APN: 7250-019-007
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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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