NOT LISTED FOR SALE

Estimated Value: $1,864,000 - $2,437,000

4 Beds
3.5 Baths
2,310 Sq Ft
$888/Sq Ft Est. Value

Last Sold December 03, 2019

Last sale price $1,500,000 $649 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $13,177/month

48 Days on Market

Highlights

  • Marina View
  • Multi-Level Bedroom
  • No HOA
  • Lowell Elementary School Rated A-
  • Great Room
  • 2 Car Attached Garage

About This Home

As of December 2019

Motivated Seller!!! ***HUGE PRICE REDUCTION***
Excellent Opportunity Knocks! Opportunity to Own a Completely Turnkey WATERVIEW Property in the Prestigious Community of Belmont Park! This 4-bedroom, 3-bathroom house was extensively remodeled in 2018, and a newly constructed space was added during the rehabilitation. This house is in impeccable condition with a well-thought out floor plan. Interiors are very well-designed and built with the highest quality materials throughout, including European cabinetry, marble master bathroom, all stainless steel appliances, customized Quartz countertops, frosted glass doors, dual-pane clear windows and engineering wood floors.

View! View! View! Enjoy this spectacular water-view home from the rooftop deck that provides 360-degree views of the marina and Belmont Park! In addition, you also get a gorgeous marina view from the upstairs deck, from the upstairs bedrooms, and through several windows on the main floor. Live in this wonderful home located in the best area of Long Beach within walking distance to the Marina, local parks, restaurants, and the neighborhood shopping center.

Last Listed By

Sharon Kim

American Realty Management Solutions License #01023742 Listed on: 08/24/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,313

Year Built

  • Built in 1961

Lot Details

  • 3,863 Sq Ft Lot
  • Front Yard Sprinklers
  • Density is up to 1 Unit/Acre
  • Property is zoned LBR1S

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,310 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Living Room with Fireplace
  • Marina Views

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Multi-Level Bedroom

Laundry

  • Laundry Room
  • Laundry on upper level

Schools

  • Lowell Elementary School
  • Rogers Middle School
  • Woodrow Wilson High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 80
  • Tax Tract Number 29683
  • Assessor Parcel Number 7242003140

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,313

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Belmont Shore (BSD)
  • View: Yes
  • Zoning: LBR1S
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7242003140
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2310.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 649.35
  • Room Type: Great Room, Kitchen, Living Room, Multi-Level Bedroom

Exterior Features

  • View: Marina, Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Long Beach Unified
  • Elementary School: Lowell
  • Middle School: Rogers
  • High School: Woodrow Wilson
  • Elementary School: Lowell
  • High School: Woodrow Wilson
  • Middle Or Junior School: Rogers
  • Elementary School #2: LOWELL
  • High School2: WOOWIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Sprinklers In Front
  • Lot Size Sq Ft: 3863.00
  • Lot Size Acres: 0.0887

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3863.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5776.03
  • Tax Lot: 80
  • Tax Tract Number: 29683

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2018
Closed on
Nov 1, 2019
Sold by
Kim Seong Hwoon and Kim Soyoung
Bought by
Ohrberg Nye Jay and Ohrberg Eva Leah Christina Koponen
Seller's Agent
Sharon Kim
American Realty Management Solutions
Buyer's Agent
Spencer Snyder
The Agency
List Price
$1,649,000
Sold Price
$1,500,000
Premium/Discount to List
-$149,000
-9.04%
Total Days on Market
48
Current Estimated Value
$2,051,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$551,615
Avg. Annual Appreciation
6.84%
Original Mortgage
$1,350,000
Interest Rate
3.6%

Purchase Details

Listed on
Jun 7, 2017
Closed on
Aug 2, 2017
Sold by
Morgan Valerie B
Bought by
Kim Seong Hwoon and Kim Soyoung
Seller's Agent
Christina Curnyn
Christina Curnyn, Broker
Buyer's Agent
Sharon Kim
American Realty Management Solutions
List Price
$9,550,000
Sold Price
$895,000
Premium/Discount to List
-$8,655,000
-90.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.93%
Original Mortgage
$716,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 11, 2016
Sold by
The Richard A Morgan & Valerie B Morgan
Bought by
Morgan Valerie B

Purchase Details

Closed on
Dec 9, 1994
Sold by
Morgan Richard Alan
Bought by
Morgan Richard A and Morgan Valerie B

Range of Values:

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Average Value
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List Price
Sold Price
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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
Ohrberg Nye Jay $1,500,000 Stewart Title
Kim Seong Hwoon $895,000 Fatco
Morgan Richard A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohrberg Nye Jay $350,000
Open Ohrberg Nye Jay $1,440,000
Closed Ohrberg Nye Jay $1,350,000
Previous Owner Kim Seong Hwoon $716,000
Previous Owner Morgan Richard A $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2019 12/03/19 Sold $1,500,000 0.0% $649 / Sq Ft
10/17/2018 10/17/18 Rented $5,000 0.0% --
10/16/2018 10/16/18 For Rent $5,000 0.0% --
09/14/2018 09/14/18 Price Changed $1,549,000 -6.1% $671 / Sq Ft
08/24/2018 08/24/18 For Sale $1,649,000 +84.2% $714 / Sq Ft
09/08/2017 09/08/17 Sold $895,000 0.0% $586 / Sq Ft
07/25/2017 07/25/17 Pending -- -- --
07/06/2017 07/06/17 Price Changed $895,000 -90.6% $586 / Sq Ft
06/07/2017 06/07/17 For Sale $9,550,000 -- $6,250 / 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
2024 $20,313 $1,608,301 $1,286,641 $321,660
2023 $19,977 $1,576,766 $1,261,413 $315,353
2022 $18,731 $1,545,850 $1,236,680 $309,170
2021 $18,374 $1,515,540 $1,212,432 $303,108
2019 $11,399 $912,900 $606,900 $306,000
2018 $11,092 $895,000 $595,000 $300,000
2016 $1,098 $72,644 $34,149 $38,495
2015 $1,060 $71,554 $33,637 $37,917
2014 $1,061 $70,154 $32,979 $37,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18206653

California Regional Multiple Listing Service (CRMLS)

APN: 7242-003-140