NOT LISTED FOR SALE

Estimated Value: $1,387,000 - $1,562,520

5 Beds
2 Baths
2,377 Sq Ft
$632/Sq Ft Est. Value

Last Sold February 15, 2018

Last sale price $1,075,000 $452 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $9,109/month

12 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Back Yard
  • Fremont Elementary School Rated A
  • Floor Furnace

About This Home

As of February 2018

A Large Duplex each 2 bedroom, Den/3rd. bedroom, 1 bath, dining room, living room, inside laundry included, almost 1,200 sq.ft. each. refrigerators included, hardwood floors, Large fenced grass yard, 2 car garage plus off street parking. Highly desirable residential neighborhood. NO RENT CONTROL, PRIDE OF OWNERSHIP PROPERTY! PRICED TO SELL Belmont Heights is a neighborhood of historic homes and residential income property developed in the first decades of the 20th Century with many historic homes remaining. 3626-28 E. 6th Street was built in 1938 in the East Coast Cape Code style by Italian immigrants as their "California Dream". Today Belmont Heights is one of the most sought after residential neighborhoods in Long Beach. Quite tree lined streets in walking distance to shopping, restaurants, parks, the beach and award winning schools. Belmont Heights is within the Long Beach Unified School District.

Last Agent to Sell the Property

Mark Wilson

Coldwell Banker Realty License #00993746 Listed on: 01/12/2018

Coldwell Banker Realty

Last Buyer's Agent

Andy Carter

Fiv Realty Co License #01907002

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 6,504 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • 2,377 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Exterior Lighting

Utilities

  • Floor Furnace
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 7
  • Tax Tract Number 7255
  • Assessor Parcel Number 7255001005

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Belmont Heights Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,200
  • Net Operating Income $4,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Belmont Heights (BH)
  • Zoning: LBR1N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7255001005
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 452.25

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6504.00
  • Lot Size Acres: 0.1493

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 4200.00
  • Gross Scheduled Income: 4200.00
  • Lot Size Area: 6504.0000 Square Feet
  • Net Operating Income: 4200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Other Income Description: Buyer to verify
  • Rent Control: No
  • Total Actual Rent: 2200.00

Tax Info

  • Tax Census Tract: 5771.00
  • Tax Lot: 7
  • Tax Tract Number: 7255

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2018
Closed on
Jan 23, 2018
Sold by
Feller Gerald Alan and Feller Charlene Krusell
Bought by
Rivera Rafael and Rivera Shirley Patricia
Seller's Agent
Mark Wilson
Coldwell Banker Realty
Buyer's Agent
Andy Carter
Fiv Realty Co
List Price
$1,075,000
Sold Price
$1,075,000
Current Estimated Value
$1,501,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,130
Avg. Annual Appreciation
4.32%
Original Mortgage
$860,000
Outstanding Balance
$725,923
Interest Rate
3.95%
Estimated Equity
$775,207

Purchase Details

Listed on
Feb 3, 2016
Closed on
Oct 7, 2016
Sold by
Huber Melody
Bought by
Feller Gerald Alan and Feller Charlene Krusell
Seller's Agent
Allison Van Wig
Keller Williams Coastal Prop.
Buyer's Agent
Mark Wilson
Coldwell Banker Realty
List Price
$1,095,000
Sold Price
$875,000
Premium/Discount to List
-$220,000
-20.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.02%

Purchase Details

Closed on
Jul 20, 2006
Sold by
Itson Carla C
Bought by
Itson Carla C and The Carla C Itson Living Trust
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
Rivera Rafael $1,075,000 Old Republic Title Company
Rivera Jennifer Michelle -- Old Republic Title Company
Feller Gerald Alan $875,000 Title 365
Itson Carla C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Rafael $860,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/15/2018 02/15/18 Sold $1,075,000 0.0% $452 / Sq Ft
01/24/2018 01/24/18 Pending -- -- --
01/12/2018 01/12/18 For Sale $1,075,000 +22.9% $452 / Sq Ft
10/26/2016 10/26/16 Sold $875,000 -20.1% $368 / Sq Ft View Prior Sale
01/04/2016 01/04/16 For Sale $1,095,000 -- $461 / 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 $15,221 $1,223,161 $853,369 $369,792
2024 $15,221 $1,199,179 $836,637 $362,542
2023 $14,966 $1,175,667 $820,233 $355,434
2022 $14,037 $1,152,615 $804,150 $348,465
2021 $13,761 $1,130,016 $788,383 $341,633
2019 $13,560 $1,097,060 $765,000 $332,060
2018 $11,170 $893,060 $622,200 $270,860
2016 $1,047 $67,053 $38,286 $28,767
2015 $1,013 $66,046 $37,711 $28,335
2014 $1,019 $64,753 $36,973 $27,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18008611

California Regional Multiple Listing Service (CRMLS)

APN: 7255-001-005