NOT LISTED FOR SALE

4047 E Massachusetts St Long Beach, CA 90814

Belmont Heights Neighborhood

Estimated Value: $1,446,000 - $1,964,163

2 Beds
2 Baths
3,300 Sq Ft
$527/Sq Ft Est. Value

Last Sold September 18, 2013

Last sale price $875,000 $265 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $10,167/month

47 Days on Market

About This Home

As of September 2013

Beautiful Spanish duplex in the Heights. 2 very large 2 bedroom/2 bath units. Both units have been significantly upgraded and enlarged. Large living rooms, dining room and modern kitchens. Master bedrooms have been enlarged and each has a master bath. Upstairs unit has fireplace in living room. Downstairs unit has a large walk in closet. Washer/Dryer in both units. Bottom unit has a small front patio and the upper has deck off of bedrooms. Shared back yard with four car garage. Close to great schools, shopping, and restaurants.

Last Agent to Sell the Property

Robert Hovard

Broadmoor Realty, Inc. License #00457499 Listed on: 06/14/2013

Last Buyer's Agent

Marilyn Jefreys

Rise Realty License #01778436

Rise Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 5,206 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,300 Sq Ft Home
  • Living Room with Fireplace
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 2
  • Assessor Parcel Number 7255021033

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Belmont Heights (BH)
  • Property Type: Residential Income
  • Parcel Number: 7255021033
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Fireplace Features: Living Room
  • Price Per Square Foot: 265.15

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5206.00
  • Lot Size Acres: 0.1200

Multi Family

  • Lot Size Area: 5206.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Taxes Percent: 1.12
  • Tax Lot: 28
  • Tax Tract Number: 2
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2013
Closed on
Aug 6, 2013
Sold by
Mcroberts Donna Coe
Bought by
Scheufele Lori B and Kidd Deanna
Seller's Agent
Robert Hovard
Broadmoor Realty, Inc.
Buyer's Agent
Marilyn Jefreys
Rise Realty
List Price
$959,000
Sold Price
$875,000
Premium/Discount to List
-$84,000
-8.76%
Current Estimated Value
$1,737,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$862,541
Avg. Annual Appreciation
5.71%
Original Mortgage
$612,500
Outstanding Balance
$454,948
Interest Rate
4.36%
Mortgage Type
New Conventional
Estimated Equity
$1,282,593

Purchase Details

Closed on
Aug 15, 2001
Sold by
Mcrobert Paul
Bought by
Mcroberts Donna Coe

Purchase Details

Closed on
Aug 3, 2001
Sold by
Nero Loree
Bought by
Hovard Robert R

Purchase Details

Closed on
Sep 30, 1999
Sold by
Colonna Jeremy
Bought by
Hovard Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
2.95%

Purchase Details

Closed on
May 8, 1998
Sold by
Omara Marjorie and Wilner William S Revocable In
Bought by
Colonna Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
8.75%
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
Scheufele Lori B $875,000 Fidelity National Title Co
Mcroberts Donna Coe -- Fidelity National Title Co
Hovard Robert R -- Fidelity Title
Hovard Robert R $499,000 Orange Coast Title
Hovard Robert -- Orange Coast Title
Colonna Jeremy $367,500 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scheufele Lori B $612,500
Previous Owner Hovard Robert R $399,200
Previous Owner Colonna Jeremy $294,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2013 09/18/13 Sold $875,000 -8.8% $265 / Sq Ft
07/31/2013 07/31/13 Pending -- -- --
06/14/2013 06/14/13 For Sale $959,000 -- $291 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $13,615 $1,072,619 $747,770 $324,849
2024 $13,615 $1,051,588 $733,108 $318,480
2023 $13,390 $1,030,970 $718,734 $312,236
2022 $12,567 $1,010,756 $704,642 $306,114
2021 $12,317 $990,938 $690,826 $300,112
2019 $12,141 $961,548 $670,337 $291,211
2018 $11,804 $942,695 $657,194 $285,501
2016 $10,847 $906,090 $631,675 $274,415
2015 $10,407 $892,481 $622,187 $270,294
2014 $10,329 $875,000 $610,000 $265,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Robert Hovard

    Broadmoor Realty, Inc.

    (562) 438-0910

    1 in this area

    13 Total Sales

    Robert Hovard
    Section Image
  • Marilyn Jefreys

    Buyer's Agent in 2013

    Marilyn Jefreys

    Rise Realty

    (949) 887-3454

    1 in this area

    18 Total Sales

    Marilyn Jefreys
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13114220

California Regional Multiple Listing Service (CRMLS)

APN: 7255-021-033

California Los Angeles County Long Beach 90814 Belmont Heights

4047 E Massachusetts St, Long Beach, CA

Not Listed for Sale

MultiFamily

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