Seller's Agent in 2020
Larry Boren
LB Brokerage, Inc
(562) 900-3888
1 in this area
9 Total Sales
4131 E 4th St Long Beach, CA 90814
Belmont Heights NeighborhoodEstimated Value: $1,280,000 - $1,650,000
6
Beds
5
Baths
2,819
Sq Ft
$532/Sq Ft
Est. Value
Highlights
- No Units Above
- No HOA
- Laundry Room
- Fremont Elementary School Rated A
About This Home
As of December 2020Rare Quadruplex with Front House: 3bd/2ba with Attached Garage (see listing agent). Rear Units are all Remodeled 1bd/1ba, with New Paint and Plumbing Throughout, also have Paved Side Yards for Pets! Beautiful Rear Courtyard with Orange Tree and Seating, Features Long Driveway with Assigned Parking!
-Subject to Inspection After Acceptable Offer Received
-Termite Report Provided with Closing.
Last Agent to Sell the Property
LB Brokerage, Inc License #00605203 Listed on: 10/26/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1921
Lot Details
- 6,762 Sq Ft Lot
- No Units Above
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 1 Car Garage
- Parking Available
- Driveway Level
- Assigned Parking
Home Design
- 2,819 Sq Ft Home
- Quadruplex
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Additional Features
- Suburban Location
- Sewer Paid
Listing and Financial Details
- Tax Lot 23
- Assessor Parcel Number 7255019028
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
- Belmont Heights Subdivision
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,833
- Insurance Expense $792
- Trash Expense $350
- Water Sewer Expense $1,632
- New Taxes Expense $5,490
- Operating Expense $70,290
- Gross Income $94,020
- Net Operating Income $23,730
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 26, 2020
Closed on
Nov 4, 2020
Sold by
Boren Larry L and Boren Lynn E
Bought by
Jones Christopher and Jones Nicole
Seller's Agent
Larry Boren
LB Brokerage, Inc
Buyer's Agent
Larry Boren
LB Brokerage, Inc
List Price
$1,290,000
Sold Price
$1,175,000
Premium/Discount to List
-$115,000
-8.91%
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
$324,966
Avg. Annual Appreciation
4.99%
Original Mortgage
$1,153,717
Outstanding Balance
$1,026,644
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$473,322
Purchase Details
Closed on
Jul 28, 2017
Sold by
Boren Larry L and Boren Lynn E
Bought by
Boren Larry L and Boren Lynn E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.91%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 15, 2005
Sold by
Boren Larry L and Boren Lynn E
Bought by
Boren Larry L and Boren Lynn E
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 |
|---|---|---|---|
| Jones Christopher | $1,175,000 | Ticor Title | |
| Boren Larry L | -- | Progressive Title | |
| Boren Larry L | -- | Progressive Title Company | |
| Boren Larry L | -- | Progressive Title Company | |
| Boren Larry L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jones Christopher | $1,153,717 | |
| Previous Owner | Boren Larry L | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/16/2020 12/16/20 | Sold | $1,175,000 | -8.9% | $417 / Sq Ft |
| 10/31/2020 10/31/20 | Pending | -- | -- | -- |
| 10/26/2020 10/26/20 | For Sale | $1,290,000 | -- | $458 / 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 | $16,362 | $1,271,857 | $822,648 | $449,209 |
| 2024 | $16,362 | $1,246,919 | $806,518 | $440,401 |
| 2023 | $16,087 | $1,222,470 | $790,704 | $431,766 |
| 2022 | $15,102 | $1,198,500 | $775,200 | $423,300 |
| 2021 | $14,803 | $1,175,000 | $760,000 | $415,000 |
| 2020 | $5,490 | $390,601 | $234,185 | $156,416 |
| 2019 | $5,428 | $382,949 | $229,594 | $153,355 |
| 2018 | $5,187 | $375,447 | $225,093 | $150,354 |
| 2016 | $4,770 | $360,581 | $216,353 | $144,228 |
| 2015 | $4,589 | $355,166 | $213,104 | $142,062 |
| 2014 | $4,577 | $348,210 | $208,930 | $139,280 |
Source: Public Records
Agents Affiliated with this Home
-
Larry Boren
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20226256
APN: 7255-019-028
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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