Seller's Agent in 2018
Joan Chase Swing
RE/MAX
(562) 708-3157
4 in this area
60 Total Sales
516 Loma Ave Long Beach, CA 90814
Belmont Heights NeighborhoodEstimated Value: $1,269,000 - $1,511,000
3
Beds
3
Baths
1,891
Sq Ft
$729/Sq Ft
Est. Value
Highlights
- Wood Flooring
- No HOA
- Cottage
- Fremont Elementary School Rated A
- Neighborhood Views
- Laundry Room
About This Home
As of December 2018Charming 2 cottages on a lot Belmont Heights duplex. Each cottage has their own separate patio landscaped with drought tolerant plants. The 2 bedroom unit has a spacious great room feeling with the living and dining area spilling into the remodeled kitchen. The kitchen features lots of storage and counter space to make living and entertaining a breeze. Hardwood floors add to the overall charm. Windows have been upgraded in both units. Two bedroom unit is about 1100 square feet. The second unit is about 700 square feet. The bedroom is carpeted and has a functional kitchen with a gas stove.
Last Agent to Sell the Property
College Park Realty License #01736594 Listed on: 10/09/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 6,506 Sq Ft Lot
- No Common Walls
- Landscaped
Parking
- 1 Open Parking Space
- 2 Car Garage
Home Design
- Cottage
Interior Spaces
- 1,891 Sq Ft Home
- Neighborhood Views
- Gas Cooktop
- Laundry Room
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Utilities
- Floor Furnace
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 1316
- Tax Tract Number 5771
- Assessor Parcel Number 7255001008
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,440
- Trash Expense $420
- Water Sewer Expense $300
- New Taxes Expense $11,562
- Operating Expense $13,722
- Gross Income $55,200
- Net Operating Income $52,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 9, 2018
Closed on
Nov 5, 2018
Sold by
Parkins Kristen Kay and Kristen Kay Parkins Family Tru
Bought by
Richards Holly A and The Holly A Richards Revocable
Seller's Agent
Joan Chase Swing
College Park Realty
Buyer's Agent
Natalie Sverkos
First Team Real Estate
List Price
$925,000
Sold Price
$910,000
Premium/Discount to List
-$15,000
-1.62%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$469,221
Avg. Annual Appreciation
5.87%
Original Mortgage
$400,000
Outstanding Balance
$351,719
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$1,027,502
Purchase Details
Closed on
Jul 3, 2014
Sold by
Parkins Kristen K
Bought by
Parkins Kristen Kay and Kristen Kay Parkins Family Trust
Purchase Details
Closed on
Jan 17, 1995
Sold by
Cuff Steven P and Mclendon David L
Bought by
Parkins Kristen K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,250
Interest Rate
9.16%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Richards Holly A | $910,000 | Western Resources Title Comp | |
| Parkins Kristen Kay | -- | None Available | |
| Parkins Kristen K | $183,000 | Continental Lawyers Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Richards Holly A | $400,000 | |
| Previous Owner | Parkins Kristen K | $137,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/07/2018 12/07/18 | Sold | $910,000 | -1.6% | $481 / Sq Ft |
| 11/03/2018 11/03/18 | Pending | -- | -- | -- |
| 10/09/2018 10/09/18 | For Sale | $925,000 | -- | $489 / 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 | $12,861 | $1,015,119 | $713,931 | $301,188 |
| 2024 | $12,861 | $995,216 | $699,933 | $295,283 |
| 2023 | $12,647 | $975,703 | $686,209 | $289,494 |
| 2022 | $11,869 | $956,572 | $672,754 | $283,818 |
| 2021 | $11,639 | $937,816 | $659,563 | $278,253 |
| 2020 | $11,609 | $928,200 | $652,800 | $275,400 |
| 2019 | $11,474 | $910,000 | $640,000 | $270,000 |
| 2018 | $3,622 | $270,129 | $153,520 | $116,609 |
| 2016 | $3,328 | $259,641 | $147,559 | $112,082 |
| 2015 | $3,199 | $255,742 | $145,343 | $110,399 |
| 2014 | $3,187 | $250,733 | $142,496 | $108,237 |
Source: Public Records
Agents Affiliated with this Home
-
Joan Chase Swing
-
Natalie Sverkos
Buyer's Agent in 2018
Natalie Sverkos
First Team Real Estate
(562) 387-3628
35 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW18245339
APN: 7255-001-008
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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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