Seller's Agent in 2020
Jessie Rodriguez
Cal American Homes
(909) 559-0815
495 Total Sales
4043 E 5th St Long Beach, CA 90814
Belmont Heights NeighborhoodEstimated Value: $1,548,000 - $1,815,980
7
Beds
3
Baths
2,575
Sq Ft
$654/Sq Ft
Est. Value
Highlights
- Peek-A-Boo Views
- Wood Flooring
- Central Heating and Cooling System
- Fremont Elementary School Rated A
- Laundry Room
About This Home
As of November 2020“Craftsman Pride” is the best way to describe this beautifully restored home. Located in Belmont Heights in the lovely city of Long Beach. Three homes on a lot. The main house consists of 3 bed 1 bath with a little over 1,000 sqft. The back 2 units are identical 2 bed 1 bath at about 700 sqft. The main house has been meticulously restored to the luster of what it would have looked like over a 100 years ago with the addition of modern amenities. Original hardwood floors through out with extra high coffered ceiling making this home feel larger than it is. Spacious living room combo dining room with an architectural arch separating the two areas. The kitchen has been tastefully designed with white shaker style cabinets, Italian inspired quartz countertops with a posh hex cement tile back splash. Upgraded stainless steel appliances for the cook in the family. Completely remodeled bathroom that features a classic yet modern take on subway tile. Concrete looking tile floors with a white raised vanity. Every single door is the original 5 panel doors that have been tediously restored with all new hardware. Gorgeously landscaped front yard for added curb appeal. The back units have been fully remodeled and ready to move in. The home also has a 4 car garage that can be partially converted into an ADU generating even more rental income.
Last Agent to Sell the Property
Cal American Homes License #01418054 Listed on: 10/29/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1909
Lot Details
- 6,503 Sq Ft Lot
- 1 Common Wall
- Front Yard Sprinklers
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
Home Design
- Property Attached
- Composition Roof
Interior Spaces
- 2,575 Sq Ft Home
- Peek-A-Boo Views
Kitchen
- Gas Range
- Microwave
- Dishwasher
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 36
- Tax Tract Number 5771
- Assessor Parcel Number 7255018021
Community Details
Overview
- 2 Buildings
- 3 Units
- Belmont Heights Subdivision
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $200
- Insurance Expense $100
- Trash Expense $50
- Water Sewer Expense $100
- Operating Expense $5,400
- Gross Income $79,200
- Net Operating Income $73,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 3, 2021
Sold by
Benjamin Hearst
Bought by
Benjamin E Hearst Revocable Trust
Current Estimated Value
Purchase Details
Listed on
Oct 29, 2020
Closed on
Nov 9, 2020
Sold by
Vintage Flip Llc
Bought by
Hearst Benjamin
Seller's Agent
Jessie Rodriguez
Cal American Homes
Buyer's Agent
Jennifer Rohdenburg
Jennifer Rohdenburg, Broker
List Price
$1,349,000
Sold Price
$1,415,000
Premium/Discount to List
$66,000
4.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.48%
Original Mortgage
$1,061,250
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 24, 2020
Sold by
Masis Holdings Llc
Bought by
Vintage Flip Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 6, 2020
Sold by
Thorpe Patrick A
Bought by
Masis Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 7, 2012
Sold by
Mccune Karen L and Thorpe Mccune Family Trust
Bought by
Thorpe Patrick A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
3.92%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
Sep 12, 2005
Sold by
Thorpe Patrick A
Bought by
Thorpe Patrick A and The Thorpe Mc Cune Family Trus
Purchase Details
Closed on
May 9, 2005
Sold by
Thorpe Patrick A and Thomas A & Augusta M Thorpe Re
Bought by
Thorpe Patrick A
Purchase Details
Closed on
Aug 24, 1998
Sold by
Thorpe Thomas A A and Thorpe Thomas A
Bought by
Thorpe Thomas A A and Thorpe Thomas A
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 |
|---|---|---|---|
| Benjamin E Hearst Revocable Trust | -- | None Listed On Document | |
| Hearst Benjamin | $1,415,000 | Lawyers Title | |
| Vintage Flip Llc | $980,000 | Lawyers Title Company | |
| Masis Holdings Llc | $875,000 | Lawyers Title | |
| Thorpe Patrick A | -- | Chicago Title Company | |
| Thorpe Patrick A | -- | -- | |
| Mccune Karen L | -- | -- | |
| Thorpe Patrick A | -- | -- | |
| Thorpe Thomas A A | -- | -- | |
| Thorpe Thomas A A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hearst Benjamin | $1,061,250 | |
| Previous Owner | Vintage Flip Llc | $600,000 | |
| Previous Owner | Masis Holdings Llc | $712,500 | |
| Previous Owner | Thorpe Patrick A | $937,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/25/2020 11/25/20 | Sold | $1,415,000 | +4.9% | $550 / Sq Ft |
| 11/04/2020 11/04/20 | Pending | -- | -- | -- |
| 10/29/2020 10/29/20 | For Sale | $1,349,000 | -- | $524 / 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 | $19,334 | $1,531,639 | $995,837 | $535,802 |
| 2024 | $19,334 | $1,501,608 | $976,311 | $525,297 |
| 2023 | $19,013 | $1,472,166 | $957,168 | $514,998 |
| 2022 | $17,838 | $1,443,300 | $938,400 | $504,900 |
| 2021 | $17,494 | $1,415,000 | $920,000 | $495,000 |
| 2020 | $5,933 | $441,444 | $283,785 | $157,659 |
| 2019 | $5,865 | $432,796 | $278,221 | $154,575 |
| 2018 | $5,642 | $424,317 | $272,766 | $151,551 |
| 2016 | $5,187 | $407,516 | $262,175 | $145,341 |
| 2015 | $4,985 | $401,395 | $258,237 | $143,158 |
| 2014 | $4,964 | $393,533 | $253,179 | $140,354 |
Source: Public Records
Agents Affiliated with this Home
-
Jessie Rodriguez
-
Jennifer Rohdenburg
Buyer's Agent in 2020
Jennifer Rohdenburg
Jennifer Rohdenburg, Broker
(949) 300-8509
5 in this area
90 Total Sales
-
Brittany Thomason
Buyer Co-Listing Agent in 2020
Brittany Thomason
Jennifer Rohdenburg, Broker
(562) 682-9649
2 in this area
30 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV20227968
APN: 7255-018-021
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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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