Seller's Agent in 2019
Gary Tolfa
Triqor Group
(949) 756-3232
17 Total Sales
4413 E Shaw St Long Beach, CA 90803
Belmont Heights NeighborhoodEstimated Value: $1,920,000 - $3,303,000
4
Beds
5
Baths
3,952
Sq Ft
$627/Sq Ft
Est. Value
Highlights
- Laundry Room
- Lowell Elementary School Rated A-
- Landscaped
About This Home
As of September 2019This charming investment property is located in Belmont Heights, a highly desirable neighborhood in Long Beach, where tenants are a short walk from the beach, shops, and restaurants. The complex features a great mix of all 2BR's, unique cottage-style unit layouts, garage parking, and individual utility meters and water heaters.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $23,359
Year Built
- Built in 1921
Lot Details
- 6,000 Sq Ft Lot
- Two or More Common Walls
- Landscaped
Parking
- 2 Car Garage
Home Design
- 3,952 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 4 Bedrooms
- 5 Bathrooms
Additional Features
- Laundry Room
- Suburban Location
Listing and Financial Details
- Tax Lot 5, 6
- Tax Tract Number 18
- Assessor Parcel Number 7256017029
Community Details
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Insurance Expense $1,162
- Trash Expense $750
- Water Sewer Expense $1,143
- Operating Expense $30,720
- Gross Income $105,063
- Net Operating Income $74,343
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2019
Closed on
Sep 9, 2019
Sold by
Brenk Michael and Brenk Christine
Bought by
2518 Armour Llc
Seller's Agent
Gary Tolfa
Triqor Group
Buyer's Agent
Gary Tolfa
Triqor Group
List Price
$1,800,000
Sold Price
$1,685,000
Premium/Discount to List
-$115,000
-6.39%
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
$793,579
Avg. Annual Appreciation
6.55%
Original Mortgage
$21,000,000
Outstanding Balance
$18,394,368
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
-$15,915,789
Purchase Details
Closed on
May 20, 2010
Sold by
Zimmerman Kristen M
Bought by
The Kmz 2010 Trust
Purchase Details
Closed on
Feb 28, 2008
Sold by
Harris Sara Dineen
Bought by
The Sara Harris 2007 Revocable Trust
Purchase Details
Closed on
Aug 17, 2005
Sold by
Keen Darby T
Bought by
Keen Darby T and Darby T Keen Declaration Of Tr
Purchase Details
Closed on
Dec 14, 2004
Sold by
Hamm John and Robert Hamm Living Trust
Bought by
Zimmerman Kristen M and Harris Sara Dineen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$763,750
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 18, 2001
Sold by
Hamm Robert Frederick
Bought by
Hamm Robert and The Robert Hamm Living Trust
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 |
|---|---|---|---|
| 2518 Armour Llc | -- | Chicago Title Company | |
| The Kmz 2010 Trust | -- | Accommodation | |
| The Sara Harris 2007 Revocable Trust | -- | Accommodation | |
| Keen Darby T | -- | -- | |
| Zimmerman Kristen M | $1,175,000 | Lawyers Title | |
| Hamm Robert | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 2518 Armour Llc | $21,000,000 | |
| Previous Owner | Zimmerman Kristen M | $763,750 | |
| Closed | Zimmerman Kristen M | $176,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2019 09/30/19 | Sold | $1,685,000 | -6.4% | $426 / Sq Ft |
| 08/12/2019 08/12/19 | Pending | -- | -- | -- |
| 05/14/2019 05/14/19 | For Sale | $1,800,000 | -- | $455 / 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 | $23,359 | $1,842,789 | $1,312,373 | $530,416 |
| 2024 | $23,359 | $1,806,657 | $1,286,641 | $520,016 |
| 2023 | $22,970 | $1,771,233 | $1,261,413 | $509,820 |
| 2022 | $21,554 | $1,736,504 | $1,236,680 | $499,824 |
| 2021 | $21,131 | $1,702,456 | $1,212,432 | $490,024 |
| 2020 | $21,076 | $1,685,000 | $1,200,000 | $485,000 |
| 2019 | $18,607 | $1,468,231 | $656,017 | $812,214 |
| 2018 | $18,090 | $1,439,443 | $643,154 | $796,289 |
| 2016 | $16,636 | $1,383,550 | $618,181 | $765,369 |
| 2015 | $15,963 | $1,362,769 | $608,896 | $753,873 |
| 2014 | $15,848 | $1,336,075 | $596,969 | $739,106 |
Source: Public Records
Agents Affiliated with this Home
-
Gary Tolfa
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW19111887
APN: 7256-017-029
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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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