P
Seller's Agent in 2020
Paul Gustin
Coldwell Banker Realty
(562) 301-7656
4 in this area
13 Total Sales
3908 E 5th St Long Beach, CA 90814
Belmont Heights NeighborhoodEstimated Value: $1,324,000 - $1,622,149
6
Beds
5
Baths
2,587
Sq Ft
$578/Sq Ft
Est. Value
Highlights
- Gated Parking
- Custom Home
- Private Yard
- Fremont Elementary School Rated A
- Wood Flooring
- No HOA
About This Home
As of November 2020Select duplex property with great unit mix located on a prime residential street in the historic Belmont Heights section of Long Beach. Currently used as investment property. Front house is a post WWII gem of a 3 bed 1.75 bath house with hardwood floors, large kitchen and generous main bedroom.
Back house is a more recently built and larger 3 bed 2.25 bath townhouse style with good sized bedrooms including a popular "jack and jill" type floor plan. Both front and back homes have laundry machines. Front home has a grassy front yard and gated patio. Back home has small grassy side yard in addition to a partially covered patio.
Last Agent to Sell the Property
Coldwell Banker Realty License #01179144 Listed on: 10/02/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1949
Lot Details
- 6,502 Sq Ft Lot
- 1 Common Wall
- Wood Fence
- Block Wall Fence
- Front Yard Sprinklers
- Private Yard
- Lawn
Parking
- 2 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Rear-Facing Garage
- Side Facing Garage
- Single Garage Door
- Driveway
- Gated Parking
- Off-Street Parking
- Assigned Parking
Home Design
- Duplex
- Custom Home
- Combination Foundation
- Composition Roof
- Stucco
Interior Spaces
- 2,587 Sq Ft Home
- Ceiling Fan
- Blinds
- Family Room
- Living Room
- Neighborhood Views
Kitchen
- Range Hood
- Dishwasher
- Tile Countertops
- Disposal
Flooring
- Wood
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Stacked Washer and Dryer
Home Security
- Security Lights
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
Utilities
- Forced Air Heating and Cooling System
- Water Heater
- Septic Type Unknown
Listing and Financial Details
- Tenant pays for gas, sewer, trash collection, water
- Tax Lot 12
- Tax Tract Number 2
- Assessor Parcel Number 7255016021
Community Details
Overview
- No Home Owners Association
- 2 Units
- Belmont Heights Subdivision
Building Details
- 2 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $540
- Gardener Expense $600
- Insurance Expense $933
- Maintenance Expense $1,071
- Professional Management Expense $3,600
- New Taxes Expense $14,612
- Operating Expense $21,383
- Gross Income $70,800
- Net Operating Income $49,444
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 15, 2021
Sold by
Boyd Teresa M
Bought by
Teresa Boyd Trust
Current Estimated Value
Purchase Details
Listed on
Oct 2, 2020
Closed on
Oct 19, 2020
Sold by
Hoppe Claudia
Bought by
Boyd Teresa M
Seller's Agent
Paul Gustin
Coldwell Banker Realty
Buyer's Agent
Wade Tettenburn
Palazzo Realty Inc.
List Price
$1,169,000
Sold Price
$1,110,000
Premium/Discount to List
-$59,000
-5.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%
Original Mortgage
$760,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 2011
Sold by
Seidi Markus
Bought by
Hoppe Claudia
Purchase Details
Closed on
May 19, 2011
Sold by
Aslan Residential Iv Llc
Bought by
Hoppe Claudia
Purchase Details
Closed on
Apr 7, 2011
Sold by
Desanti Teresa
Bought by
Aslan Residential Iv Llc
Purchase Details
Closed on
May 17, 2004
Sold by
Desanti Dennis
Bought by
Desanti Teresa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 4, 2004
Sold by
Greco Jackie J
Bought by
Greco Victor R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 21, 2004
Sold by
Marchetta Dante B
Bought by
Marchetta Joanne Rosemarie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 9, 2004
Sold by
Greco Victor R
Bought by
Desanti Teresa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 5, 2004
Sold by
Greco Victor R
Bought by
Greco Victor R and Marchetta Joanne Rosemarie
Purchase Details
Closed on
Jun 15, 1998
Sold by
Marchetta Dante B
Bought by
Marchetta Joanne Rosemarie
Purchase Details
Closed on
Jun 12, 1998
Sold by
Greco Jennie E
Bought by
Greco Jennie E and Greco Victor R
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 |
|---|---|---|---|
| Teresa Boyd Trust | -- | Wiezorek & Geye Apc | |
| Boyd Teresa M | $1,110,000 | Ticor Title Company Of Ca | |
| Hoppe Claudia | -- | First American Title Company | |
| Hoppe Claudia | $650,000 | First American Title Company | |
| Aslan Residential Iv Llc | -- | None Available | |
| Desanti Teresa | -- | -- | |
| Greco Victor R | -- | -- | |
| Marchetta Joanne Rosemarie | -- | -- | |
| Desanti Teresa | $720,000 | -- | |
| Greco Victor R | -- | -- | |
| Marchetta Joanne Rosemarie | -- | -- | |
| Greco Jennie E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Boyd Teresa M | $760,000 | |
| Previous Owner | Desanti Teresa | $576,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/19/2020 11/19/20 | Sold | $1,110,000 | -5.0% | $429 / Sq Ft |
| 10/15/2020 10/15/20 | Pending | -- | -- | -- |
| 10/02/2020 10/02/20 | For Sale | $1,169,000 | 0.0% | $452 / Sq Ft |
| 04/14/2018 04/14/18 | Rented | $3,000 | +3.4% | -- |
| 02/10/2018 02/10/18 | Under Contract | -- | -- | -- |
| 01/30/2018 01/30/18 | For Rent | $2,900 | +16.9% | -- |
| 02/06/2014 02/06/14 | Rented | $2,480 | -2.7% | -- |
| 01/07/2014 01/07/14 | Under Contract | -- | -- | -- |
| 11/26/2013 11/26/13 | For Rent | $2,550 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $15,205 | $1,201,498 | $779,350 | $422,148 |
| 2024 | $15,205 | $1,177,940 | $764,069 | $413,871 |
| 2023 | $14,955 | $1,154,844 | $749,088 | $405,756 |
| 2022 | $14,035 | $1,132,200 | $734,400 | $397,800 |
| 2021 | $13,763 | $1,110,000 | $720,000 | $390,000 |
| 2020 | $9,680 | $761,453 | $533,018 | $228,435 |
| 2019 | $9,568 | $746,523 | $522,567 | $223,956 |
| 2018 | $9,237 | $731,886 | $512,321 | $219,565 |
| 2016 | $8,489 | $703,468 | $492,428 | $211,040 |
| 2015 | $8,147 | $692,902 | $485,032 | $207,870 |
| 2014 | $8,090 | $679,330 | $475,531 | $203,799 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Gustin
-
Wade Tettenburn
W
Buyer's Agent in 2020
Wade Tettenburn
Palazzo Realty Inc.
(562) 400-0091
3 Total Sales
-
Christina Spoolstra
Buyer's Agent in 2014
Christina Spoolstra
First Team Real Estate
(714) 317-6131
6 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20196445
APN: 7255-016-021
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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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