NOT LISTED FOR SALE

5190 E Colorado St Unit 308 Long Beach, CA 90814

Belmont Heights Neighborhood

Estimated Value: $464,000 - $513,000

1 Bed
1 Bath
787 Sq Ft
$456/mo HOA Fee

Last Sold November 05, 2024

Last sale price $450,000 $572 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,379/month

130 Days on Market

Highlights

  • Golf Course Community
  • No Units Above
  • Updated Kitchen
  • Lowell Elementary School Rated A-
  • Lake View
  • 1-minute walk to Colorado Lagoon

About This Home

As of November 2024

**Improved Price** Say hello to your new home in Belmont Heights, one of Long Beach’s most desirable areas! This well-maintained top-floor condo is situated directly across the street from Colorado Lagoon, offering stunning views of the lagoon itself, along with the quiet neighborhood that surrounds it. With its prime location and modern features, this condo is perfect for those seeking both comfort and convenience, all for an amazingly affordable price! Enjoy the convenience of modern living with an updated kitchen featuring newer appliances, sleek countertops, and ample storage space. The condo features a spacious bedroom with plenty of closet space, a bright and airy living room, and plenty of additional in-unit storage thanks to two entryway closets and built-in solid wood cabinetry that shares the hall with the in-unit laundry. The open layout creates a welcoming atmosphere perfect for relaxation and entertaining. The community also offers secured entry with an elevator, a secured parking garage with an assigned space and additional large storage lockers, and gated guest parking. You'll love your view of the serene Colorado Lagoon right from your bedroom, living room, or private patio which is accessible by both. Large windows and a ceiling skylight invite abundant natural light, and offer a picturesque vista of the surrounding upscale neighborhood. Also nearby are several parks featuring golf courses, playgrounds, dog parks, and water activities. And the opportunities for outdoor enjoyment are about to get even more awesome with a project currently underway to join Colorado Lagoon to the marina! Belmont Heights is known for its vibrant community and lively atmosphere. Explore the best of Long Beach’s dining, shopping, and entertainment options just a short drive away. Don’t miss out on the opportunity to own a piece of paradise in Belmont Heights, at an affordable price. Schedule a viewing today and make this beautiful condo your new home!

Last Agent to Sell the Property

Danny Cassese

eXp Realty of California Inc Brokerage Phone: 661-373-4560 License #02132778 Listed on: 06/06/2024

eXp Realty of California Inc

Last Buyer's Agent

Inna Peshkova

Coastal Equities California Real Estate Brokers License #02147761

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1984

Lot Details

  • No Units Above
  • Two or More Common Walls
  • Land Lease of $326 per month

HOA Fees

  • $456 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Lake
  • City Lights
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 787 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Laminate Flooring

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 34201
  • Assessor Parcel Number 7250026044
  • $238 per year additional tax assessments

Community Details

Overview

  • 20 Units
  • Colorado Regency Association, Phone Number (562) 786-6573
  • Oaktree Properties HOA
  • Colorado Regency Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Community Storage Space

Recreation

  • Golf Course Community
  • Park
  • Bike Trail

Security

  • Controlled Access

Property Details

Home Type

Condominium

Year Built

Built in 1984

Lot Details

0

HOA Fees

$456 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: All appliances
  • Property Attached: Yes
  • Subdivision Name Other: Colorado Regency (CRG)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7250026044
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 787.00 Square Feet
  • Stories: 3
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Laminate
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area, Breakfast Counter / Bar
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 571.79
  • Room Type: All Bedrooms Down, Living Room
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • View: City Lights, Lake, Neighborhood, Park/Greenbelt, Water
  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area, Storage, Call for Rules, Controlled Access
  • Association Fee: 456.00
  • Association Fee Frequency: Monthly
  • Association Name: Colorado Regency
  • Phone: 562-786-6573
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Golf, Park, Sidewalks, Suburban
  • Association Management: Oaktree Properties

Lot Info

  • Land Lease: Yes
  • Land Lease Amount: 326.00
  • Land Lease Amount Frequency: Monthly
  • Land Lease Purchase: Yes
  • Lot Size Sq Ft: 19450.00
  • Lot Size Acres: 0.4465

Multi Family

  • Lease Considered: No
  • Lot Size Area: 19450.0000 Square Feet
  • Number Of Units In Community: 20
  • Number Of Units Total: 30

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 34201
  • TaxOtherAnnualAssessmentAmount: 238.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2025
Sold by
Drokina Svetlana
Bought by
Drokina Separate Property Revocable Trust and Drokina
Current Estimated Value
$494,540

Purchase Details

Listed on
Oct 2, 2016
Closed on
Dec 28, 2016
Sold by
Ford Rosemary A and The Ford Family Trust
Bought by
Schuerger Rebecca Michele
Seller's Agent
Philip Alvarez
Cypress Realty Group, Inc
Buyer's Agent
Olga Montoya
Keller Williams Coastal Prop.
List Price
$300,000
Sold Price
$275,000
Premium/Discount to List
-$25,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$261,250
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2012
Sold by
Kayajanian Properties Llc
Bought by
Kayajanian Dorothy and 1992 Kayajanian Family Trust

Purchase Details

Closed on
May 14, 2012
Sold by
Ford Joseph J and Ford Rosemary
Bought by
Ford Joseph J and Ford Rosemary A

Purchase Details

Closed on
Feb 25, 1998
Sold by
Discher David A
Bought by
Ford Joseph J and Ford Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
7%

Purchase Details

Closed on
May 23, 1995
Sold by
Topdanmark Bank
Bought by
Discher David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,200
Interest Rate
7.62%
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

Date Buyer Sale Price Title Company
Drokina Separate Property Revocable Trust -- None Listed On Document
Schuerger Rebecca Michele $275,000 Lawyers Title Insurance Corp
Kayajanian Dorothy -- None Available
Ford Joseph J -- None Available
Ford Joseph J -- None Available
Ford Joseph J $72,000 North American Title Co
Discher David A $69,500 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schuerger Rebecca Michele $261,250
Previous Owner Ford Joseph J $37,000
Previous Owner Discher David A $62,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/05/2024 11/05/24 Sold $450,000 -3.2% $572 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
10/11/2024 10/11/24 Price Changed $464,900 -2.1% $591 / Sq Ft
08/28/2024 08/28/24 Price Changed $474,900 -5.0% $603 / Sq Ft
07/02/2024 07/02/24 Price Changed $499,900 -2.0% $635 / Sq Ft
06/06/2024 06/06/24 For Sale $509,900 +85.4% $648 / Sq Ft
01/16/2017 01/16/17 Sold $275,000 -1.4% $349 / Sq Ft View Prior Sale
12/15/2016 12/15/16 Pending -- -- --
12/12/2016 12/12/16 Price Changed $279,000 -3.5% $355 / Sq Ft
11/18/2016 11/18/16 Price Changed $289,000 -3.7% $367 / Sq Ft
10/02/2016 10/02/16 For Sale $300,000 -- $381 / 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 $4,039 $319,153 $178,495 $140,658
2024 $4,039 $312,896 $174,996 $137,900
2023 $3,968 $306,762 $171,565 $135,197
2022 $3,724 $300,748 $168,201 $132,547
2021 $3,647 $294,852 $164,903 $129,949
2019 $3,592 $286,109 $160,013 $126,096
2018 $3,498 $280,500 $156,876 $123,624
2016 $1,301 $96,961 $22,110 $74,851
2015 $1,252 $95,505 $21,778 $73,727
2014 $1,250 $93,635 $21,352 $72,283
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24115676

California Regional Multiple Listing Service (CRMLS)

APN: 7250-026-044