W
Seller's Agent in 2020
Wade Tettenburn
Palazzo Realty Inc.
(562) 400-0091
3 Total Sales
4025 E 4th St Long Beach, CA 90814
Belmont Heights NeighborhoodEstimated Value: $2,004,000 - $2,209,358
8
Beds
6
Baths
4,687
Sq Ft
$450/Sq Ft
Est. Value
About This Home
As of November 2020Wonderful remodeled Spanish style 4 units in the Heart of Belmont Heights, near trendy shopping and restaurants. Front 1920’s duplex has 2 Large and Bright 2 bdrm, 1 bath units, with great floorplans. Rear 1980’s duplex has 2 Modern open concept layouts, 2 bdrm 2 bath units. Rear lower unit has a lovely fenced in yard, upper has private balcony. All four units have hard to find dishwashers. The large lot still allows for 3 Single Car Garages, plus up to 7 additional parking spaces, and an on-site laundry room. Lots of upgrades throughout include: designer quartz, granite, stainless farmhouse sinks, white & bright kitchens, remodeled bathrooms, subway tile, concrete designer tiles, newer carpet and paint, beautiful classic hardwood floors, and built-ins. This turnkey property with annual scheduled rent over $100K/yr is a true gem that has great tenants, a just completed new exterior paint job, refreshed landscaping, and replacement of all window screens.
Last Agent to Sell the Property
Palazzo Realty Inc. License #01246595 Listed on: 11/04/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1986
Lot Details
- 6,767 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 7 Open Parking Spaces
- 3 Car Garage
Home Design
- 4,687 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 16
- Tax Tract Number 5771
- Assessor Parcel Number 7255019021
Community Details
Overview
- 2 Buildings
- 4 Units
- Belmont Heights Subdivision
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 2 Separate Water Meters
- Gross Income $30,096
- Net Operating Income $64,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 4, 2020
Closed on
Oct 14, 2020
Sold by
Mizrahi Geoffrey and Mizrahi Olga
Bought by
Boyd Teresa
Seller's Agent
Wade Tettenburn
Palazzo Realty Inc.
Buyer's Agent
Wade Tettenburn
Palazzo Realty Inc.
List Price
$1,705,500
Sold Price
$1,705,500
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
$402,590
Avg. Annual Appreciation
4.20%
Purchase Details
Listed on
Dec 9, 2016
Closed on
Jan 11, 2017
Sold by
Sutherland Kenneth and Sutherland Linda
Bought by
Mizrahi Geoffrey and Mizrahi Olga
Seller's Agent
Kathy (Apples) Gordon
Coldwell Banker Envision
Buyer's Agent
Wade Tettenburn
Palazzo Realty Inc.
List Price
$1,750,000
Sold Price
$1,344,000
Premium/Discount to List
-$406,000
-23.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$940,800
Interest Rate
4.19%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 15, 2014
Sold by
Sutherland Brandon and Sutherland Kyler
Bought by
Sutherland Kenneth and Sutherland Linda
Purchase Details
Closed on
Oct 28, 2013
Sold by
Jughead Properties Llc
Bought by
Sutherland Kenneth and Sutherland Linda
Purchase Details
Closed on
Oct 23, 2008
Sold by
Sutherland Frank and Sutherland Norman S
Bought by
Jughead Properties Llc
Purchase Details
Closed on
Sep 26, 2008
Sold by
Sutherland Frank and Sutherland Dorothy Revocable L
Bought by
Sutherland Frank and Sutherland Norman S
Purchase Details
Closed on
Jun 30, 2000
Sold by
Sutherland Dorothy A
Bought by
The Dorothy A Sutherland Trust
Purchase Details
Closed on
Sep 10, 1993
Sold by
Gage Beulah W
Bought by
Gage Beulah W and Young Denise Marie
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 |
|---|---|---|---|
| Boyd Teresa | $1,705,500 | Stewart Title | |
| Mizrahi Geoffrey | $1,344,000 | Ticor Title | |
| Sutherland Kenneth | -- | None Available | |
| Sutherland Kenneth | -- | None Available | |
| Jughead Properties Llc | -- | None Available | |
| Sutherland Frank | -- | None Available | |
| The Dorothy A Sutherland Trust | -- | -- | |
| Gage Beulah W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mizrahi Geoffrey | $940,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/04/2020 11/04/20 | Sold | $1,705,500 | 0.0% | $364 / Sq Ft | |
| 11/04/2020 11/04/20 | Pending | -- | -- | -- | |
| 11/04/2020 11/04/20 | For Sale | $1,705,500 | +26.9% | $364 / Sq Ft | |
| 03/08/2017 03/08/17 | Sold | $1,344,000 | -10.4% | $287 / Sq Ft | View Prior Sale |
| 01/13/2017 01/13/17 | Pending | -- | -- | -- | |
| 12/21/2016 12/21/16 | Price Changed | $1,500,000 | -14.3% | $320 / Sq Ft | |
| 12/09/2016 12/09/16 | For Sale | $1,750,000 | -- | $373 / Sq Ft |
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 | $23,464 | $1,846,086 | $1,190,674 | $655,412 |
| 2024 | $23,464 | $1,809,889 | $1,167,328 | $642,561 |
| 2023 | $23,074 | $1,774,402 | $1,144,440 | $629,962 |
| 2022 | $21,655 | $1,739,610 | $1,122,000 | $617,610 |
| 2021 | $21,226 | $1,705,500 | $1,100,000 | $605,500 |
| 2019 | $17,818 | $1,398,297 | $977,976 | $420,321 |
| 2018 | $17,311 | $1,370,880 | $958,800 | $412,080 |
| 2016 | $13,608 | $1,118,375 | $787,005 | $331,370 |
| 2015 | $13,062 | $1,101,577 | $775,184 | $326,393 |
| 2014 | $12,974 | $1,080,000 | $760,000 | $320,000 |
Source: Public Records
Agents Affiliated with this Home
-
Wade Tettenburn
-
Kathy (Apples) Gordon
Seller's Agent in 2017
Kathy (Apples) Gordon
Coldwell Banker Envision
(562) 809-1331
2 in this area
31 Total Sales
-
Caterina Helfenstein
C
Seller Co-Listing Agent in 2017
Caterina Helfenstein
Coldwell Banker Envision
(562) 900-6761
1 in this area
37 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20177644
APN: 7255-019-021
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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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