Seller's Agent in 2023
Douglas Freeman
Arbor Real Estate Group
(562) 706-0308
1 in this area
12 Total Sales
733 Belmont Ave Long Beach, CA 90804
Recreation Park NeighborhoodEstimated Value: $1,210,000 - $1,354,960
5
Beds
4
Baths
2,116
Sq Ft
$613/Sq Ft
Est. Value
Highlights
- Golf Course Community
- All Bedrooms Downstairs
- Wooded Lot
- Fremont Elementary School Rated A
- Property is near a park
- Wood Flooring
About This Home
As of February 2023Classic Spanish Tri-Plex on the edge of Belmont Heights. This quiet street ends into a greenbelt park. Owners are local and property shows pride of ownership. 2 units at the front each offering 1 bedroom and 1 bathroom with street parking. The large rear unit offers 3 bedrooms, 2 bathrooms with French doors to a deck & secluded back yard. Detached 2 car garage and 2 parking spaces plus 2 large storage units & laundry shared by all 3 units. Great location! Live in the spacious 3 bedroom unit and offset your mortgage payment with rental income OR, it’s a fantastic investment property opportunity! Actual addresses are 733, 735 and 737 Belmont Ave. Please do not contact tenants. Submit all offers subject to interior inspection. Sellers are motivated.
Last Listed By
Douglas Freeman
Arbor Real Estate Group License #01077434 Listed on: 12/27/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,309
Year Built
- Built in 1923
Lot Details
- 5,469 Sq Ft Lot
- Property fronts an alley
- 1 Common Wall
- Chain Link Fence
- Landscaped
- Rectangular Lot
- Level Lot
- Wooded Lot
- Private Yard
- Lawn
- Garden
- Back Yard
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- Parking Available
- Rear-Facing Garage
- Driveway Level
Property Views
- Park or Greenbelt
- Neighborhood
Home Design
- 2,116 Sq Ft Home
- Triplex
- Bungalow
- Asphalt Roof
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- All Bedrooms Down
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Property is near a park
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- Source of electricity is unknown
- Phone Available
- Cable TV Available
Additional Features
- Gas Range
- Laundry Room
- Accessible Parking
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 19
- Tax Tract Number 3457
- Assessor Parcel Number 7254021021
Community Details
Overview
- 2 Buildings
- 3 Units
- Belmont Heights Subdivision
Amenities
- Laundry Facilities
Recreation
- Golf Course Community
- Park
- Dog Park
- Bike Trail
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $600
- Insurance Expense $1,320
- Maintenance Expense $480
- Trash Expense $360
- Water Sewer Expense $612
- Operating Expense $3,372
- Gross Income $300
- Net Operating Income $52,320
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 27, 2022
Closed on
Jan 26, 2023
Sold by
Smet Smith Family Trust
Bought by
Angel Padilla Jr Revocable Trust
Seller's Agent
Douglas Freeman
Arbor Real Estate Group
Buyer's Agent
Diana Veloz
Diana Veloz, Broker
List Price
$1,283,000
Sold Price
$1,090,000
Premium/Discount to List
-$193,000
-15.04%
Total Days on Market
24
Views
19
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
$207,240
Avg. Annual Appreciation
8.27%
Original Mortgage
$817,500
Outstanding Balance
$797,287
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$499,953
Purchase Details
Closed on
Dec 4, 2012
Sold by
Smet Regine and Smith Paul Robert
Bought by
Smet Regine and Smith Paul Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
3.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 24, 2011
Sold by
Smet Regine
Bought by
Smet Regine and Smith Paul Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$594,000
Interest Rate
4.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 30, 2009
Sold by
Smet Regine and Smith Paul Robert
Bought by
Smet Regine
Purchase Details
Closed on
May 8, 2006
Sold by
Bell Catherine Rose
Bought by
Smith Paul Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jan 23, 2003
Sold by
Sibille Ashley E
Bought by
Bell Catherine Rose
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.83%
Purchase Details
Closed on
Jul 2, 2001
Sold by
Greening Gary and Greening Mechelle K
Bought by
Bell Catherine Rose
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,680
Interest Rate
7.21%
Mortgage Type
FHA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Angel Padilla Jr Revocable Trust | $1,090,000 | Lawyers Title | |
| Smet Regine | -- | First American Title Company | |
| Smet Regine | -- | First American Title Company | |
| Smet Regine | -- | Accommodation | |
| Smet Regine | -- | First American Title Company | |
| Smet Regine | -- | None Available | |
| Smith Paul Robert | $760,000 | Wrt | |
| Bell Catherine Rose | $190,000 | Provident Title Company | |
| Bell Catherine Rose | $325,000 | Fidelity Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Angel Padilla Jr Revocable Trust | $817,500 | |
| Previous Owner | Smet Regine | $585,000 | |
| Previous Owner | Smet Regine | $594,000 | |
| Previous Owner | Smith Paul Robert | $608,000 | |
| Previous Owner | Bell Catherine Rose | $590,400 | |
| Previous Owner | Bell Catherine Rose | $455,000 | |
| Previous Owner | Bell Catherine Rose | $60,000 | |
| Previous Owner | Bell Catherine Rose | $380,000 | |
| Previous Owner | Bell Catherine Rose | $316,680 | |
| Previous Owner | Bell Catherine Rose | $316,680 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/14/2023 02/14/23 | Sold | $1,090,000 | -15.0% | $515 / Sq Ft |
| 01/20/2023 01/20/23 | Pending | -- | -- | -- |
| 12/27/2022 12/27/22 | For Sale | $1,283,000 | -- | $606 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $14,309 | $1,111,800 | $724,200 | $387,600 |
| 2023 | $12,930 | $998,260 | $656,753 | $341,507 |
| 2022 | $12,134 | $978,687 | $643,876 | $334,811 |
| 2021 | $11,898 | $959,498 | $631,251 | $328,247 |
| 2019 | $11,728 | $931,041 | $612,529 | $318,512 |
| 2018 | $11,389 | $912,786 | $600,519 | $312,267 |
| 2016 | $10,475 | $877,344 | $577,201 | $300,143 |
| 2015 | $10,049 | $864,166 | $568,531 | $295,635 |
| 2014 | $9,974 | $847,239 | $557,395 | $289,844 |
Source: Public Records
Agents Affiliated with this Home
-
-
Diana Veloz
Buyer's Agent in 2023
Diana Veloz
Diana Veloz, Broker
(626) 833-8383
1 in this area
27 Total Sales
Map
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22259780
APN: 7254-021-021
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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
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