4229 E Massachusetts St Long Beach, CA 90814
Belmont Heights NeighborhoodEstimated Value: $1,399,000 - $1,739,000
4
Beds
3
Baths
2,282
Sq Ft
$710/Sq Ft
Est. Value
Highlights
- Marina
- Fremont Elementary School Rated A
- No Units Above
About This Home
As of July 2014Huge Lot 8,466 sf lot. This triplex is tucked away on a quiet low traveled one of the nicest streets in Belmont Heights very close to Belmont Shore. There are two-1 bedroom 1 bath units and one-2 bedroom 1 bath unit. Two units located in front and one unit is located in back over 3 garages. Both of the front units have copper re-piping and forced air heating. The front 2 bedroom 1 bath unit approx 964 sq ft has a large living room dining room with a remodeled kitchen. The front 1 bedroom 1 bath unit approx 732 sq ft has hardwood floors a nice living room and dining room, a delightful kitchen with custom tile and newer cabinetry. A large bedroom with a large walk in closet. The lovely back 1 bedroom 1 bath unit approx 576 sq ft over the 3 garages has a quaint tree level view, balcony, and a darling kitchen with a breakfast nook.The living room has a mock fireplace. The huge 8,466 sf lot allows for separate outdoor space for the individual units. Community laundry is adjacent to the 3 garages. Newer sprinkler system, plus tons of charm in all 3 units! Individual units square footage floor plan diagram is located in the Supplements area of the MLS for viewing.
Last Agent to Sell the Property
eXp Realty of California, Inc. License #01315671 Listed on: 05/19/2014
Last Buyer's Agent
Charles Lucas
Charles Lucas Realty License #00986614
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,261
Year Built
- Built in 1929
Lot Details
- 8,466 Sq Ft Lot
- No Units Above
- End Unit
- No Units Located Below
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 3 Car Garage
Home Design
- 2,282 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Suburban Location
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number 7255034011
Community Details
Overview
- 2 Buildings
- 3 Units
Recreation
- Marina
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Gross Income $4,450
- Net Operating Income $53,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 18, 2024
Sold by
Lucas Charles
Bought by
Three Gardens Llc
Total Days on Market
7
Current Estimated Value
Purchase Details
Listed on
May 19, 2014
Closed on
May 30, 2014
Sold by
Shaw George and Shaw Diane
Bought by
Lucas Charles
Seller's Agent
Linda Cottone
eXp Realty of California, Inc.
Buyer's Agent
Charles Lucas
Charles Lucas Realty
List Price
$899,000
Sold Price
$860,000
Premium/Discount to List
-$39,000
-4.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$360,000
Interest Rate
4.07%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 3, 2010
Sold by
Shaw Jocelyn M
Bought by
Shaw George and Shaw Diane
Purchase Details
Closed on
Aug 3, 2004
Sold by
Thompson James A and Thompson Lisa C
Bought by
Shaw George and Shaw Diane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 2, 2001
Sold by
Leto James R and Leto Diane E
Bought by
Thompson James A and Thompson Lisa C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,400
Interest Rate
6.89%
Mortgage Type
Balloon
Similar Homes in Long Beach, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Three Gardens Llc | -- | -- | |
| Three Gardens Llc | -- | -- | |
| Lucas Charles | $860,000 | Progressive | |
| Shaw George | -- | Accommodation | |
| Shaw George | $885,000 | North American Title | |
| Thompson James A | $378,000 | North American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lucas Charles | $344,034 | |
| Previous Owner | Lucas Charles | $337,000 | |
| Previous Owner | Lucas Charles | $360,000 | |
| Previous Owner | Shaw George | $552,500 | |
| Previous Owner | Shaw Jocelyn M | $650,000 | |
| Previous Owner | Shaw George | $650,000 | |
| Previous Owner | Thompson James A | $100,000 | |
| Previous Owner | Thompson James A | $360,000 | |
| Previous Owner | Thompson James A | $302,400 | |
| Closed | Thompson James A | $56,700 | |
| Closed | Shaw George | $54,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2014 07/10/14 | Sold | $860,000 | -4.3% | $377 / Sq Ft |
| 05/26/2014 05/26/14 | Pending | -- | -- | -- |
| 05/19/2014 05/19/14 | For Sale | $899,000 | -- | $394 / 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 |
|---|---|---|---|---|
| 2024 | $13,261 | $1,013,317 | $706,967 | $306,350 |
| 2023 | $13,038 | $993,449 | $693,105 | $300,344 |
| 2022 | $12,240 | $973,970 | $679,515 | $294,455 |
| 2021 | $11,998 | $954,874 | $666,192 | $288,682 |
| 2020 | $11,968 | $945,084 | $659,362 | $285,722 |
| 2019 | $11,828 | $926,554 | $646,434 | $280,120 |
| 2018 | $11,488 | $908,387 | $633,759 | $274,628 |
| 2016 | $10,572 | $873,115 | $609,150 | $263,965 |
| 2015 | $10,146 | $860,000 | $600,000 | $260,000 |
| 2014 | $10,042 | $840,000 | $550,500 | $289,500 |
Source: Public Records
Agents Affiliated with this Home
-
Linda Cottone
Seller's Agent in 2014
Linda Cottone
eXp Realty of California, Inc.
(310) 781-0781
68 Total Sales
-
C
Buyer's Agent in 2014
Charles Lucas
Charles Lucas Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB14104041
APN: 7255-034-011
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