Scott Underwood
Meadowbrook Realty
(424) 785-0908
26 Total Sales
2 in Belmont Heights
$610K - $700K Price Range
535 Termino Ave Long Beach, CA 90814
Belmont Heights NeighborhoodEstimated Value: $1,215,000 - $1,839,500
6
Beds
3
Baths
3,056
Sq Ft
$469/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- Craftsman Architecture
- Laundry Room
- Fremont Elementary School Rated A
- High Ceiling
- Bike Trail
About This Home
As of September 2024What 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
So Cal Dwell Brokerage Phone: 562-397-1735 License #01271840 Listed on: 08/01/2024
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
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
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Belmont Heights, CA
-
Scott Underwood
-
Richard Gaylord
Richard Gaylord
Re/Max R. E. Specialists
(424) 300-8259
25 Total Sales
3 in Belmont Heights
$1.8M - $1.9M Price Range
-
Bobejo Kelley
Bobejo Kelley
Keller Williams Premier Prop.
(424) 292-6160
65 Total Sales
1 in Belmont Heights
$740,000 Price
-
CHEVY ALA
CHEVY ALA
HOMEQUEST REAL ESTATE
(626) 602-8465
18 Total Sales
1 in Belmont Heights
$515,000 Price
-
Allison Van Wig
Allison Van Wig
Responds QuicklyKeller Williams Coastal Prop.
(562) 582-8861
236 Total Sales
5 in Belmont Heights
$490K - $1.3M Price Range
-
Ross Gagnon
Ross Gagnon
Coldwell Banker Realty
(949) 518-3075
38 Total Sales
3 in Belmont Heights
$1.3M - $1.4M Price Range
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
-
Lorette Murphree
Seller's Agent in 2024
Lorette Murphree
So Cal Dwell
(562) 397-1735
1 in this area
59 Total Sales
-
Jennifer Boyd
Buyer's Agent in 2024
Jennifer Boyd
Keller Williams Coastal Prop.
(888) 477-7568
2 in this area
66 Total Sales
-
Robin Auwerda
Buyer Co-Listing Agent in 2024
Robin Auwerda
Keller Williams Coastal Prop.
(562) 626-8601
2 in this area
26 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24156885
APN: 7255-017-021
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.
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
- 621 Termino Ave
- 4124 E Theresa St
- 3822 E 7th St
- 680 Grand Ave Unit 204
- 3700 E 4th St
- 359 Roswell Ave
- 3600 E 4th St Unit 203
- 4340 E 4th St
- 3728 E Colorado St
- 810 Belmont Ave
- 377 Ximeno Ave
- 4221 E Massachusetts St
- 906 Termino Ave
- 4340 E Colorado St
- 924 Termino Ave
- 384 Redondo Ave Unit 401
- 363 Newport Ave Unit 113
- 363 Newport Ave Unit 302
- 605 Redondo Ave Unit 203
- 927 Belmont Ave
Your Personal Tour Guide
Ask me questions while you tour the home.