Seller's Agent in 2022
Michael Roland
Coldwell Banker Realty
(562) 743-6286
9 in this area
45 Total Sales
4018 E Vermont St Long Beach, CA 90814
Belmont Heights NeighborhoodEstimated Value: $1,373,000 - $1,739,103
6
Beds
6
Baths
3,096
Sq Ft
$509/Sq Ft
Est. Value
Highlights
- No HOA
- Floor Furnace
- Back Yard
- Fremont Elementary School Rated A
- 1 Car Garage
About This Home
As of September 2022Great Investor or occupant property w great mix 3/3 2/2 1/1 large units, low overhead (owner only pays water, sewer, minor gardening -all drought resistant) excellent parking and common area. With one vacancy currently, 2 long term 5 and 13 yr tenants are month to month, no rent increases for over a year, this will be operate at market rents asap w GRM 14.48x, $8600 per month, Current GRM 17.4x. The perfect opportunity in Prime Belmont Heights for owner occupant or Investor. Currently 2/1.5 Cottage and 2 attached units w 1/1 and 3/3 (includes garage) or easily covert to 2 2/2s, or a 4 bd home.. A premium location across from the elementary school offering a steady renter pool. This is turnkey well maintained asset with separate utilities and water heaters, private laundries in each unit, a 1.5 car garage, 4-6 car parking, common courtyard for bbq, gazebo, and a variety of improvements to roof, foundations, windows, kitchens and bathrooms, electric breakers and lighting, copper plumbing, etc. LIVE in one unit or detached rear home w private yard, forced air heat and parking, while rent from the duplex pays the expenses and mortgage. Proforma is based on market rents.
Last Agent to Sell the Property
Coldwell Banker Realty License #01023175 Listed on: 06/28/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1922
Lot Details
- 6,749 Sq Ft Lot
- 1 Common Wall
- Back Yard
Parking
- 1 Car Garage
- Parking Available
- Driveway
Home Design
- 3,096 Sq Ft Home
- Triplex
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Additional Features
- Laundry in unit
- Floor Furnace
Listing and Financial Details
- Assessor Parcel Number 7255020003
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
- Belmont Heights Subdivision
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Gross Income $103,200
- Net Operating Income $68,700
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2017
Closed on
May 31, 2017
Sold by
Bought by
Seller's Agent
Mollie Beck
Coldwell Banker Realty
Buyer's Agent
Don Kallenberg
First Team Real Estate
List Price
$1,168,000
Sold Price
$1,168,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$473,388
Avg. Annual Appreciation
3.37%
Original Mortgage
$876,000
Outstanding Balance
$727,047
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$847,479
Purchase Details
Closed on
Dec 5, 2014
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4%
Mortgage Type
VA
Purchase Details
Closed on
May 22, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Interest Rate
3%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Oct 18, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 14, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 4, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 30, 2004
Sold by
Bought by
Purchase Details
Closed on
Jan 29, 1997
Sold by
Bought by
Purchase Details
Closed on
Jan 28, 1997
Sold by
Bought by
Purchase Details
Closed on
Apr 12, 1994
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,168,000 | Lawyers Title Company | ||
| -- | Entitle Insurance Company | ||
| $940,000 | Fidelity National Title Co | ||
| -- | -- | ||
| -- | -- | ||
| -- | Southland Title Corporation | ||
| -- | Southland Title Corporation | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | Fidelity National Title Ins | ||
| -- | Fidelity National Title Ins | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $876,000 | ||
| Previous Owner | $750,000 | ||
| Previous Owner | $705,000 | ||
| Previous Owner | $80,000 | ||
| Previous Owner | $60,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/07/2022 09/07/22 | Sold | $1,495,000 | 0.0% | $483 / Sq Ft | |
| 06/28/2022 06/28/22 | For Sale | $1,495,000 | +28.0% | $483 / Sq Ft | |
| 07/12/2017 07/12/17 | Sold | $1,168,000 | 0.0% | $377 / Sq Ft | View Prior Sale |
| 05/28/2017 05/28/17 | Pending | -- | -- | -- | |
| 05/14/2017 05/14/17 | For Sale | $1,168,000 | -- | $377 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $20,565 | $1,555,398 | $1,009,188 | $546,210 |
| 2024 | $19,674 | $1,524,900 | $989,400 | $535,500 |
| 2023 | $19,347 | $1,495,000 | $970,000 | $525,000 |
| 2022 | $15,617 | $1,252,330 | $879,205 | $373,125 |
| 2021 | $15,310 | $1,227,775 | $861,966 | $365,809 |
| 2019 | $15,092 | $1,191,360 | $836,400 | $354,960 |
| 2018 | $14,655 | $1,168,000 | $820,000 | $348,000 |
| 2016 | $10,470 | $990,000 | $660,100 | $329,900 |
| 2015 | $10,336 | $875,000 | $583,400 | $291,600 |
| 2014 | $9,040 | $875,000 | $583,400 | $291,600 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Roland
-
Melissa Roland
M
Seller Co-Listing Agent in 2022
Melissa Roland
Coldwell Banker Realty
(562) 438-0910
2 in this area
11 Total Sales
-
Renee Lawler
R
Buyer's Agent in 2022
Renee Lawler
So Cal Dwell
(562) 597-2481
1 in this area
6 Total Sales
-
Mollie Beck
Seller's Agent in 2017
Mollie Beck
Coldwell Banker Realty
(562) 440-3206
3 in this area
26 Total Sales
-
D
Buyer's Agent in 2017
Don Kallenberg
First Team Real Estate
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22134991
APN: 7255-020-003
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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