NOT LISTED FOR SALE

Estimated Value: $1,215,000 - $1,839,500

6 Beds
3 Baths
3,056 Sq Ft
$469/Sq Ft Est. Value

Sale Details

Date Sold: September 30, 2024

Last sale price $1,250,000 $409 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $9,256 / mo

27 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Craftsman Architecture
  • Laundry Room
  • Fremont Elementary School Rated A
  • High Ceiling
  • Bike Trail

About This Home

As of September 2024

What a great opportunity to own 2 homes on a lot in this trendy area of Belmont Heights in Long Beach, close to 2nd Street, Naples, the beach and Downtown. This property consists a craftsman in the front, which has 3 bedrooms, 1 bathroom, plus office/workout space and a separate laundry area with a small yard and a larger 2-story house in the back of the property, built in 1959 which has 3 bedroom, 2 bathroom and an upstairs loft and also a small yard. The houses are completely separated with a fence/hedge between the properties. The smaller craftsman has a front porch, newer flooring and is move-in ready, so it can be updated over time.
The back house has some unique architectural features and the feeling of an artist's loft, such as 2-story high ceilings with lots of natural light in the main living area and the upstairs bedrooms and living space built around this extra tall downstairs living space. This house will need some TLC.
This property presents a great opportunity for someone to live in smaller front craftsman home, while updating the larger back house. This will be a dream for creative types, investors & people who like to work on properties while they are already living in the property.

Last Agent to Sell the Property

Lorette Murphree

So Cal Dwell Brokerage Phone: 562-397-1735 License #01271840 Listed on: 08/01/2024

Last Buyer's Agent

Jennifer Boyd

Keller Williams Coastal Prop. License #01958537

Keller Williams Coastal Prop.

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

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,310 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Duplex
  • Craftsman Architecture
  • Entry on the 1st floor

Interior Spaces

  • 3,056 Sq Ft Home
  • 2-Story Property
  • High Ceiling

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Combination Of Heating Systems
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 8 / K
  • Tax Tract Number 1
  • Assessor Parcel Number 7255017021
  • $591 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Belmont Heights Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,500
  • Trash Expense $1,400
  • Operating Expense $8,500
  • Gross Income $84,000
  • Net Operating Income $78,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

6,310 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Belmont Heights (BH)
  • Zoning: LBR1N
  • Architectural Style: Craftsman
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7255017021
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: High Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 409.03
  • Room Type: All Bedrooms Down, All Bedrooms Up, Kitchen, Laundry

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Combination
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 1400.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6310.00
  • Lot Size Acres: 0.1449

Multi Family

  • Gross Income: 84000.00
  • Gross Scheduled Income: 84000.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 6310.0000 Square Feet
  • Net Operating Income: 78000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Drapes: 1
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 6000.00
  • Rent Control: No
  • Total Expenses: 8500.00

Tax Info

  • Tax Block: K
  • Tax Census Tract: 5771.00
  • Tax Lot: 8
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 591.00

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
Aug 1, 2024
Closed on
Sep 24, 2024
Sold by
Bought by
Seller's Agent
Lorette Murphree
So Cal Dwell
Buyer's Agent
Jennifer Boyd
Keller Williams Coastal Prop.
List Price
$1,489,000
Sold Price
$1,250,000
Premium/Discount to List
-$239,000
-16.05%
Views
22
Current Estimated Value
$1,434,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,125
Avg. Annual Appreciation
7.62%
Original Mortgage
$1,062,500
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2007
Sold by
Bought by

Purchase Details

Closed on
Feb 15, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Belmont Heights, CA

See All Agents

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
$1,250,000 None Listed On Document
-- None Available
-- --
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 $1,143,750
Closed $1,062,500
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
09/30/2024 09/30/24 Sold $1,250,000 -8.4% $409 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
08/21/2024 08/21/24 Price Changed $1,365,000 -8.3% $447 / Sq Ft
08/01/2024 08/01/24 For Sale $1,489,000 -- $487 / 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 $16,492 $1,250,000 $850,000 $400,000
2024 $1,597 $87,187 $42,991 $44,196
2023 $1,568 $85,479 $42,149 $43,330
2022 $1,491 $83,804 $41,323 $42,481
2021 $1,439 $82,162 $40,513 $41,649
2020 $1,432 $81,320 $40,098 $41,222
2019 $1,417 $79,726 $39,312 $40,414
2018 $1,286 $78,164 $38,542 $39,622
2016 $1,162 $75,132 $37,047 $38,085
2015 $1,124 $74,004 $36,491 $37,513
2014 $1,130 $72,556 $35,777 $36,779
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: PW24156885

California Regional Multiple Listing Service (CRMLS)

APN: 7255-017-021

Your Personal Tour Guide

Ask me questions while you tour the home.