Check Availability

255 Bennett Avenue

255 Bennett Avenue, Long Beach, CA 90803
Property in Belmont Heights
Sold Oct 04, 2005
$1,595,000
$1,037,500 by Morgan Stanley Private Bank Na
Mortgage Due Apr 01, 2050
Sold Jun 28, 2002
$800,000
$640,000 by Independent Realty Capital Cor
Mortgage Due Jul 01, 2032
255 Bennett Avenue has been categorized by the local assessors in Long Beach, CA as a residential type of property. The building on the property was first built in 1935 and is 89 years old. However, we must point out that the home was most recently renovated and altered in 1975. The home has a total of 9 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 255 Bennett Avenue has 4,381 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,300 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,508 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. 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, 255 Bennett Avenue sold most recently in Aug 22, 2005 for a total of $1,595,000. If you work out the math, that's approximately a cost of $364.07 per sqft. Before that, the property was also sold for $800,000 in May 16, 2002. 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 $25,008 in taxes each year. 255 Bennett Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,095,054. If we break it down further, the land itself was valued at $584,511. Improvements to the property, however, were assessed at a total of $1,510,543. 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: 1935
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,508
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,381
  • Building Area: 4,381
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,381
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BENNETTS ADD TO MIRA MAR TRACT
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BENNETTS ADDITION TO MIRA MAR TRACT LOT/SEC 23

Ownership

  • Current Owner : RICHEY DENNIS A
  • Previous Owner : FRISCO CHRISTOPHER JOHN
  • Previous Owner 2: FRISCO CHARLES E
  • Owner Before Previous Owner: LEE JOHN S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 577100

Zoning

  • Zoning: LBR1N

Geography

  • Assessors Map Reference: 76-B6
  • Parcel: 7255-032-025
  • Lot: 23
  • Municipality: SOUTH /BELMONT HEIGHTS
  • Latitude: 33.7665
  • Longitude: -118.143

    Address

  • Full Address: 255 Bennett Ave
  • Address - House Number: 255
  • Address - Street Name: Bennett
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C012
  • 4-Digit Zip Code: 1529
  • Zip Code: 90803

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,008
  • Tax Rate Code Area: 05-500

    Appraisal Valuation

  • Standard Deviation: 0.2265
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 3,072,726
  • High Value: 3,768,745
  • Low Value: 2,376,708

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,037,500
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Nov 04, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,037,500
  • 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: Apr 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,095,054
  • Assessed Land Value: $584,511
  • Assessed Improvements Value: $1,510,543

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 22, 2005
  • Current Sale Recording Date: Oct 04, 2005
  • Current Sale Transaction ID: 1034180706
  • Current Sale Price: $1,595,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 05-2387467
  • Previous Sale Recording Date: Jun 28, 2002
  • Previous Sale Contract Date: May 16, 2002
  • Previous Sale Amount: $800,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MERRILL LYNCH CREDIT CORP
  • First Mortgage Transaction Date: Oct 04, 2005
  • First Mortgage Loan Amount: $1,595,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Nov 01, 2035

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: INDEPENDENT REALTY CAPITAL COR
  • Previous Mortgage Transaction Date: Jun 28, 2002
  • Previous Mortgage Loan Amount: $640,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2032

About Belmont Heights



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 8124 Marina Pacifica Drive N, Long Beach, CA, 90803

$3,600 /mo

  • 1 Bed
  • 1 Bath
  • 873 ft²
8124 Marina Pacifica Drive N, Long Beach, CA, 90803 Listing by Olga Montoya
Unit for rent at 2601 E Ocean Boulevard, Long Beach, CA, 90803

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,104 ft²
2601 E Ocean Boulevard #709, Long Beach, CA, 90803 Listing by Kathleen Spurlock

Frequently Asked Questions

What neighborhood is 255 Bennett Avenue located in?
The 255 Bennett Avenue is a located in the neighborhood of Belmont Heights in Belmont Heights, Long Beach.
What is the average sales price for listings in 255 Bennett Avenue?
The average sales price for units in 255 Bennett Avenue is $0 currently.

Quantcast