NOT LISTED FOR SALE

3521 E 1st St Long Beach, CA 90803

Belmont Heights Neighborhood

Estimated Value: $2,116,000 - $2,732,000

9 Beds
5 Baths
4,684 Sq Ft
$511/Sq Ft Est. Value

Last Sold April 11, 2018

Last sale price $1,632,500 $349 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $14,508/month

About This Home

As of April 2018

Property sold before listed on MLS

Last Agent to Sell the Property

Joan Chase Swing

RE/MAX College Park Realty License #01736594 Listed on: 02/23/2018

RE/MAX College Park Realty

Last Buyer's Agent

Gay-Lynn Barnes

eXp Realty of California Inc. License #01433767

eXp Realty of California Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 4,988 Sq Ft Lot
  • Two or More Common Walls
  • No Sprinklers

Parking

  • 1 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,684 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 104
  • Assessor Parcel Number 7264012026

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,000
  • Insurance Expense $2,500
  • Other Expense $5,500
  • Water Sewer Expense $4,100
  • New Taxes Expense $24,400
  • Operating Expense $38,000
  • Gross Income $110,000
  • Net Operating Income $96,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Bluff Park (BLF)
  • Water Sewer Expenses: 4100.00
  • Zoning: LBR4R
  • Property Type: Residential Income
  • Parcel Number: 7264012026
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 348.53

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 4988.00

Multi Family

  • Electric Expense: 1000.00
  • Gross Income: 110000.00
  • Gross Scheduled Income: 110000.00
  • Insurance Expense: 2500.00
  • Net Operating Income: 96400.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 13600.00
  • Other Expense: 5500.00
  • Rent Control: No
  • Total Expenses: 38000.00

Tax Info

  • New Taxes Expense: 24400.00
  • Tax Census Tract: 5772.00
  • Tax Lot: 11
  • Tax Tract Number: 104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2018
Closed on
Mar 21, 2018
Sold by
Miezejewski Kenneth M and Miezejewski Ken M
Bought by
Sokha International Llc
Seller's Agent
Joan Chase Swing
RE/MAX College Park Realty
Buyer's Agent
Gay-Lynn Barnes
eXp Realty of California Inc.
List Price
$1,632,500
Sold Price
$1,632,500
Current Estimated Value
$2,394,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$761,792
Avg. Annual Appreciation
5.09%

Purchase Details

Listed on
Oct 25, 2011
Closed on
Apr 10, 2012
Sold by
Mullen John D and The John D Mullen Charitable R
Bought by
Miezejewski Ken M
Seller's Agent
Jean Shapen
Coldwell Banker Realty
Buyer's Agent
Jean Shapen
Coldwell Banker Realty
List Price
$1,449,000
Sold Price
$1,250,000
Premium/Discount to List
-$199,000
-13.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%
Original Mortgage
$801,950
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2010
Sold by
Brase Michael J
Bought by
Michael J Brase Charitable Remainder Uni
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sokha International Llc $1,632,500 Chicago Title Company
Miezejewski Ken M $1,250,000 North American Title Company
Michael J Brase Charitable Remainder Uni -- None Available
Brase Michael J -- None Available
Mullen John D -- None Available
Mullen John D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miezejewski Ken M $801,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2018 04/11/18 Sold $1,632,500 0.0% $349 / Sq Ft
02/23/2018 02/23/18 For Sale $1,632,500 +30.6% $349 / Sq Ft
05/25/2012 05/25/12 Sold $1,250,000 -13.7% $237 / Sq Ft View Prior Sale
04/10/2012 04/10/12 Pending -- -- --
10/25/2011 10/25/11 For Sale $1,449,000 -- $274 / 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
2025 $23,556 $1,856,932 $1,137,827 $719,105
2024 $23,556 $1,820,522 $1,115,517 $705,005
2023 $23,165 $1,784,827 $1,093,645 $691,182
2022 $21,737 $1,749,831 $1,072,201 $677,630
2021 $21,306 $1,715,522 $1,051,178 $664,344
2019 $21,002 $1,664,640 $1,020,000 $644,640
2018 $17,448 $1,379,878 $965,916 $413,962
2016 $16,040 $1,326,298 $928,409 $397,889
2015 $15,395 $1,306,377 $914,464 $391,913
2014 $15,287 $1,280,787 $896,551 $384,236
Source: Public Records

Agents Affiliated with this Home

  • Joan Chase Swing

    Seller's Agent in 2018

    Joan Chase Swing

    RE/MAX

    (562) 708-3157

    4 in this area

    65 Total Sales

    Joan Chase Swing
    Section Image

  • G

    Buyer's Agent in 2018

    Gay-Lynn Barnes

    eXp Realty of California Inc.

    (888) 832-7179

    48 Total Sales

    Gay-Lynn Barnes
    Section Image
  • Jean Shapen

    Seller's Agent in 2012

    Jean Shapen

    Coldwell Banker Realty

    (562) 209-0743

    14 Total Sales

    Jean Shapen
    Section Image
  • Todd Hawke

    Seller Co-Listing Agent in 2012

    Todd Hawke

    Keller Williams Realty Downey

    (310) 774-3746

    1 in this area

    10 Total Sales

    Todd Hawke
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18084012

California Regional Multiple Listing Service (CRMLS)

APN: 7264-012-026

California Los Angeles County Long Beach 90803 Belmont Heights

3521 E 1st St, Long Beach, CA

Not Listed for Sale

MultiFamily

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