NOT LISTED FOR SALE

4304 E 5th St Long Beach, CA 90814

Belmont Heights Neighborhood

Estimated Value: $1,710,000 - $1,915,000

2 Beds
2 Baths
4,720 Sq Ft
$386/Sq Ft Est. Value

Last Sold May 14, 2013

Last sale price $870,000 $184 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $10,732/month

11 Days on Market

About This Home

As of May 2013

What an amazing property. 4 units in the heart of Long Beach. The front unit is the largest. 2 Bedrooms upstairs and 1 large room down stairs, it can be bedroom or family room. The other 3 units are identical. Half bath down stairs, nice size patio area off the kitchen, upstairs 2 good size bedrooms and a full bath. Each unit has a garage. Laundry room in back.

Last Agent to Sell the Property

Sandra Argumedo

HomeSmart, Evergreen Realty License #01343239 Listed on: 03/31/2013

HomeSmart, Evergreen Realty

Last Buyer's Agent

Sandra Argumedo

HomeSmart, Evergreen Realty License #01343239 Listed on: 03/31/2013

HomeSmart, Evergreen Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 6,287 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 4,720 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 7255037015

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Belmont Heights (BH)
  • Property Type: Residential Income
  • Parcel Number: 7255037015
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 184.32
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Community
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6287.00
  • Lot Size Acres: 0.1440

Multi Family

  • Lot Size Area: 6287.0000 Square Feet
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: Yes
  • Total Actual Rent: 5475.00

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2013
Closed on
Apr 5, 2013
Sold by
Dortch Donald
Bought by
Miller Chris and Miller Shelly
Seller's Agent
Sandra Argumedo
HomeSmart, Evergreen Realty
Buyer's Agent
Sandra Argumedo
HomeSmart, Evergreen Realty
List Price
$750,000
Sold Price
$870,000
Premium/Discount to List
$120,000
16%
Current Estimated Value
$1,823,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$953,165
Avg. Annual Appreciation
6.04%
Original Mortgage
$769,230
Outstanding Balance
$542,825
Interest Rate
3.54%
Mortgage Type
FHA
Estimated Equity
$1,280,340

Purchase Details

Closed on
May 16, 1997
Sold by
Leander James R
Bought by
Webb Edward T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.98%

Purchase Details

Closed on
Apr 10, 1995
Sold by
Hanna Linda
Bought by
Leander James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
8.47%

Purchase Details

Closed on
Jan 31, 1995
Sold by
Flores Clemente and Flores Andrea
Bought by
Hanna Linda
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
Miller Chris $870,000 California Title Company
Webb Edward T $390,000 North American Title Co
Leander James R $325,000 Old Republic Title Company
Hanna Linda $200,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Chris $769,230
Previous Owner Webb Edward T $190,000
Previous Owner Leander James R $243,750
Closed Leander James R $32,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2013 05/14/13 Sold $870,000 +16.0% $184 / Sq Ft
03/29/2013 03/29/13 Pending -- -- --
03/18/2013 03/18/13 For Sale $750,000 -- $159 / 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 $14,164 $1,071,329 $751,164 $320,165
2024 $14,164 $1,050,324 $736,436 $313,888
2023 $13,924 $1,029,731 $721,997 $307,734
2022 $13,083 $1,009,541 $707,841 $301,700
2021 $12,700 $989,747 $693,962 $295,785
2020 $12,665 $980,200 $686,847 $293,353
2019 $12,519 $960,993 $673,380 $287,613
2018 $12,133 $942,163 $660,177 $281,986
2016 $11,145 $905,003 $634,543 $270,460
2015 $10,701 $891,410 $625,012 $266,398
2014 $10,635 $873,949 $612,769 $261,180
Source: Public Records

Agents Affiliated with this Home

  • Sandra Argumedo

    Seller's Agent in 2013

    Sandra Argumedo

    HomeSmart, Evergreen Realty

    (562) 244-8062

    69 Total Sales

    Sandra Argumedo
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13047172

California Regional Multiple Listing Service (CRMLS)

APN: 7255-037-015

California Los Angeles County Long Beach 90814 Belmont Heights

4304 E 5th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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