NOT LISTED FOR SALE

4207 E 7th St Long Beach, CA 90804

Recreation Park Neighborhood

Estimated Value: $1,303,000 - $1,770,000

9 Beds
6 Baths
3,265 Sq Ft
$487/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $950,000 $291 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $10,313/month

About This Home

As of February 2015

Recently renovated 4 unit property located on the corner of 7th and Roswell. Unit mix (1) 3 bedroom + office, 2 bath, (1) 3 bedroom, 2 bath, (1) 2 bedroom, 1 bath, and (4) 1 bedroom, 1 bath. 800 s.f parking basement ideal for storage income. Onsite laundry. Addresses are as follows: 4205 and 4207 E. 7th St and 706 and 708 Roswell Ave.

Last Agent to Sell the Property

William Smith

Bryant Drive Properties, Inc. License #01431853 Listed on: 01/01/2015

Last Buyer's Agent

William Smith

Bryant Drive Properties, Inc. License #01431853 Listed on: 01/01/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,898

Year Built

  • Built in 1930

Lot Details

  • 4,255 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 3 Car Garage

Home Design

  • 3,265 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 016
  • Tax Tract Number 3
  • Assessor Parcel Number 7241003016

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,500
  • Insurance Expense $1,500
  • Professional Management Expense $3,000
  • Water Sewer Expense $3,000
  • New Taxes Expense $11,000
  • Gross Income $6,230
  • Net Operating Income $55,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,898

Year Built

Built in 1930

Lot Details

0

Parking

3

Listing Details

  • Professional Management Expense: 3000.00
  • Property Attached: Yes
  • Subdivision Name Other: Belmont Heights (BH)
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Gardener Expense: 1500.00
  • Parcel Number: 7241003016
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 290.96

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Urban

Lot Info

  • Lot Features: Level, Paved
  • Lot Size Sq Ft: 4255.00
  • Lot Size Acres: 0.0980

Multi Family

  • Gross Income: 6230.00
  • Gross Scheduled Income: 75000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 4255.0000 Square Feet
  • Net Operating Income: 55000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 20000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 11000.00
  • Tax Lot: 016
  • Tax Tract Number: 003
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2023
Sold by
Coe David Gregory and Coe Brett
Bought by
Louis Holly and Louis Elizabeth
Current Estimated Value
$1,591,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,228,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2023
Sold by
Falsken Kevin S
Bought by
Long Beach Trading Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,228,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 1, 2015
Closed on
Jan 21, 2015
Sold by
Bdp Real Estate Fund 2 Llc
Bought by
Coe David Gregory and Bashaw Brett
Seller's Agent
William Smith
Bryant Drive Properties, Inc.
Buyer's Agent
William Smith
Bryant Drive Properties, Inc.
List Price
$950,000
Sold Price
$950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%
Original Mortgage
$696,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 1, 2015
Closed on
Jan 6, 2015
Sold by
Falsken Michelle Elizabeth
Bought by
Falsken Kevin S
Seller's Agent
William Smith
Bryant Drive Properties, Inc.
Buyer's Agent
William Smith
Bryant Drive Properties, Inc.
List Price
$950,000
Sold Price
$950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$696,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2013
Sold by
Bdp Real Estate Fund 2 Llc
Bought by
Bdp Real Estate Fund 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,250
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2012
Sold by
The Bank Of New York Mellon
Bought by
Bdp Real Estate Fund 2 Llc

Purchase Details

Closed on
Aug 9, 2011
Sold by
Martin Richard G
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Mar 5, 2002
Sold by
Colonna Michael J
Bought by
Martin Richard G and Martin Laura Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
8.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 25, 1999
Sold by
Colonna Michael
Bought by
Martin Richard G and Martin Laura Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
6.78%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 20, 1996
Sold by
Colonna Victoria
Bought by
Colonna Michael J and Colonna Kathy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,350
Interest Rate
7.8%

Purchase Details

Closed on
May 17, 1996
Sold by
Colonna Michael J
Bought by
Colonna Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,350
Interest Rate
7.8%

Purchase Details

Closed on
May 2, 1996
Sold by
Nowell James A
Bought by
Colonna Michael J and Colonna Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,350
Interest Rate
7.8%

Purchase Details

Closed on
Apr 1, 1996
Sold by
Colonna Michael Jerry and Colonna Kathleen M
Bought by
Nowell James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,350
Interest Rate
7.8%
Source: Public Records

Range of Values:

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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
Louis Holly $1,535,000 Ticor Title Company
Long Beach Trading Co Inc -- Accommodation/Courtesy Recordi
Coe David Gregory $950,000 Title 365
Falsken Kevin S -- Title365
Coe David Gregory -- Title 365
Bdp Real Estate Fund 2 Llc -- Fidelity National Title Co
Bdp Real Estate Fund 2 Llc $560,000 First American Title Ins Co
The Bank Of New York Mellon $731,235 Accommodation
Martin Richard G -- Fidelity National Title
Martin Richard G $398,000 First American Title Co
Colonna Michael J -- --
Colonna Victoria $310,000 Fidelity Title
Colonna Michael J -- Fidelity Title
Nowell James A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holly Louis $1,264,000
Closed Louis Holly $1,228,000
Previous Owner Falsken Kevin S $696,000
Previous Owner Bdp Real Estate Fund 2 Llc $471,250
Previous Owner Martin Richard G $320,000
Previous Owner Martin Richard G $726,000
Previous Owner Martin Richard G $570,000
Previous Owner Martin Richard G $500,000
Previous Owner Martin Richard G $380,000
Previous Owner Martin Richard G $378,000
Previous Owner Colonna Victoria $62,000
Previous Owner Colonna Victoria $60,000
Previous Owner Colonna Victoria $298,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $950,000 0.0% $291 / Sq Ft
01/01/2015 01/01/15 Pending -- -- --
01/01/2015 01/01/15 For Sale $950,000 -- $291 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $19,898 $1,565,700 $1,020,000 $545,700
2024 $19,898 $1,535,000 $1,000,000 $535,000
2023 $14,716 $1,115,261 $768,192 $347,069
2022 $13,816 $1,093,394 $753,130 $340,264
2021 $13,536 $1,071,956 $738,363 $333,593
2019 $13,141 $1,023,517 $716,463 $307,054
2018 $12,772 $1,003,449 $702,415 $301,034
2016 $11,746 $964,487 $675,141 $289,346
2015 $7,042 $573,780 $399,597 $174,183
2014 -- $562,541 $391,770 $170,771
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2015

    William Smith

    Bryant Drive Properties, Inc.

    (562) 607-8580

    8 Total Sales

    William Smith
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15006125

California Regional Multiple Listing Service (CRMLS)

APN: 7241-003-016

California Los Angeles County Long Beach 90804 Recreation Park

4207 E 7th St, Long Beach, CA

This home is located at 4207 E 7th St, Long Beach, CA 90804 since 01 January 2015 and is currently estimated at $1,591,594, approximately $487 per square foot. This property was built in 1930. 4207 E 7th St is a home located in Los Angeles County with nearby schools including Fremont Elementary School, Woodrow Wilson High School, and Maple Village Waldorf School.

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.

California Regional Multiple Listing Service (CRMLS) 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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