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120 Belmont Avenue

120 Belmont Avenue, Long Beach, CA 90803
Property in Belmont Heights
Sold Aug 04, 2015
$920,000
$690,000 by Rpm Mortgage Inc
Mortgage Due Sep 01, 2045
Local assessors in Long Beach, CA have categorized 120 Belmont Avenue as a residential type of property. The home was built in 1957 and is 67 years old. The property's lot size has been calculated to be 6,351 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 120 Belmont Avenue has a total of 2,472 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 120 Belmont Avenue sold most recently in Jul 21, 2015 for a total of $920,000. If you work out the math, that's approximately a cost of $372.17 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $12,918 in taxes each year. 120 Belmont Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,057,721. If we break it down further, the land itself was valued at $682,695. Improvements to the property, however, were assessed at a total of $375,026. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,351
  • Total Building Area: 2,472
  • Building Area: 2,472
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,472
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELMONT HEIGHTS
  • Land Acres: 0.146
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: BELMONT HEIGHTS LOT/SEC 4 BLK/DIV/TWN 34

Ownership

  • Current Owner : PABST SPENCER L
  • Previous Owner : YOUNG TONIA D
  • Previous Owner 2: DRYSDALE EUGENE E
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 577200

Zoning

  • Zoning: LBR2N

Geography

  • Assessors Map Reference: 76-A6
  • Parcel: 7256-013-004
  • Block: 34
  • Lot: 4
  • Municipality: SOUTH /SOUTH LONG BEACH
  • Latitude: 33.7618
  • Longitude: -118.145

    Address

  • Full Address: 120 Belmont Ave
  • Address - House Number: 120
  • Address - Street Name: Belmont
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C026
  • 4-Digit Zip Code: 2920
  • Zip Code: 90803

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,918
  • Tax Rate Code Area: 05-500

    Appraisal Valuation

  • Standard Deviation: 0.1935
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 1,604,566
  • High Value: 1,915,064
  • Low Value: 1,294,068

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,323,000
  • First Open Lien Mortgage Lender: RPM MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Aug 04, 2015
  • First Open Lien Mortgage Loan Amount: $690,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2045
  • Second Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • Second Open Lien Mortgage Recording Date: Jul 21, 2020
  • Second Open Lien Mortgage Loan Amount: $633,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,057,721
  • Assessed Land Value: $682,695
  • Assessed Improvements Value: $375,026

    Sales

  • Current Sale Contract Date: Jul 21, 2015
  • Current Sale Recording Date: Aug 04, 2015
  • Current Sale Transaction ID: 1228714642
  • Current Sale Price: $920,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 15-0946376

    Last Sale Mortgage

  • First Mortgage Lender: RPM MORTGAGE INC
  • First Mortgage Transaction Date: Aug 04, 2015
  • First Mortgage Loan Amount: $690,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2045

About Belmont Heights



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Frequently Asked Questions

What neighborhood is 120 Belmont Avenue located in?
The 120 Belmont Avenue is a located in the neighborhood of Belmont Heights in Belmont Heights, Long Beach.
What is the average sales price for listings in 120 Belmont Avenue?
The average sales price for units in 120 Belmont Avenue is $0 currently.

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