NOT LISTED FOR SALE

4710 E Shaw St Long Beach, CA 90803

Belmont Heights Neighborhood

Estimated Value: $1,645,000 - $2,073,000

5 Beds
4 Baths
2,812 Sq Ft
$673/Sq Ft Est. Value

Last Sold November 08, 2018

Last sale price $1,200,000 $427 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $11,307/month

136 Days on Market

Highlights

  • Traditional Architecture
  • Park or Greenbelt View
  • No HOA
  • Lowell Elementary School Rated A-
  • Corner Lot
  • 2-minute walk to Livingston Drive Park

About This Home

As of November 2018

This awesome Large Duplex on the border of Belmont Shore and Belmont Heights. Upstairs is 3 bedrooms and 2 bathrooms with lots of natural light. Excellent condition with separate dining room living room and spacious kitchen. Upper unit has expansive outdoor private deck. Great for entertaining large events. Downstairs unit is 2 bedrooms and 2 bathrooms. Also with separate dining room , living room and newer kitchen. Property has 3 separate garages. Laundry room downstairs. Location is fantastic. Walking distance to 2nd street stores, restaurants and retail stores. Interest Only financing available.

Last Agent to Sell the Property

Jason Dufault

Keller Williams Coastal Proper License #01844551 Listed on: 05/24/2018

Keller Williams Coastal Proper

Co-Listed By

Douglas Baker

Keller Williams Coastal Prop. License #01924644

Last Buyer's Agent

Jason Dufault

Keller Williams Coastal Proper License #01844551 Listed on: 05/24/2018

Keller Williams Coastal Proper

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,814

Year Built

  • Built in 1965

Lot Details

  • 3,492 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Flat Roof Shape

Interior Spaces

  • 2,812 Sq Ft Home
  • 2-Story Property
  • Park or Greenbelt Views
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 1
  • Tax Tract Number 55
  • Assessor Parcel Number 7256019002

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $600
  • Water Sewer Expense $800
  • New Taxes Expense $11,237
  • Operating Expense $1,300
  • Gross Income $50,340
  • Net Operating Income $50,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,814

Year Built

Built in 1965

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Subdivision Name Other: Belmont Heights (BH)
  • View: Yes
  • Water Sewer Expenses: 800.00
  • Zoning: LBR1N
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7256019002
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 426.74
  • Room Type: Master Bathroom, Master Bedroom

Exterior Features

  • View: Park/Greenbelt
  • Pool Private: No
  • Roof: Flat
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 3492.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 1200 Square Feet
  • Average3 Bed Area: 1612 Square Feet
  • Gross Income: 50340.00
  • Gross Scheduled Income: 50340.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 50340.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 1300.00

Tax Info

  • New Taxes Expense: 11237.00
  • Tax Census Tract: 5774.00
  • Tax Lot: 1
  • Tax Tract Number: 55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2018
Closed on
Oct 10, 2018
Sold by
Kurutz Lara Lee and Lee Karin
Bought by
Mackay Sassan and Talebdoost Feryal
Seller's Agent
Jason Dufault
Keller Williams Coastal Proper
Buyer's Agent
Jason Dufault
Keller Williams Coastal Proper
List Price
$1,449,000
Sold Price
$1,200,000
Premium/Discount to List
-$249,000
-17.18%
Current Estimated Value
$1,892,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$692,702
Avg. Annual Appreciation
6.75%
Original Mortgage
$600,000
Outstanding Balance
$525,451
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$1,367,251

Purchase Details

Closed on
Sep 5, 2018
Sold by
Lee Christine Thomson
Bought by
Lee Christian Olaf

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$525,451
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$1,367,251

Purchase Details

Closed on
Apr 12, 2018
Sold by
Kurutz Lara Lee
Bought by
Kurutz Lara Lee and Lee Karein

Purchase Details

Closed on
Jan 3, 2017
Sold by
Lee C Olaf
Bought by
Kurutz Lara Lee and Lee Karin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2016
Sold by
Kurutz Lara Lee
Bought by
Lee C Olaf

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2015
Sold by
Kurutz Lara Lee
Bought by
Lee Family Survivors Trust

Purchase Details

Closed on
Mar 12, 2002
Sold by
Lee C Olaf C and Lee Nancy N
Bought by
Lee C Olaf

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.84%
Source: Public Records

Range of Values:

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Average Value
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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
Mackay Sassan $1,200,000 Stewart Title
Lee Christian Olaf -- Stewart Title
Kurutz Lara Lee -- None Available
Kurutz Lara Lee -- First American Title Company
Lee C Olaf -- First American Title Company
Lee Family Survivors Trust -- None Available
Lee C Olaf -- Investors Title Company
Lee C Olaf -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mackay Sassan $600,000
Previous Owner Lee C Olaf $518,000
Previous Owner Lee C Olaf $245,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2018 11/08/18 Sold $1,200,000 -7.6% $427 / Sq Ft
10/07/2018 10/07/18 Pending -- -- --
09/21/2018 09/21/18 Price Changed $1,299,000 -3.8% $462 / Sq Ft
08/10/2018 08/10/18 Price Changed $1,350,000 -6.8% $480 / Sq Ft
05/24/2018 05/24/18 For Sale $1,449,000 -- $515 / 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 $16,814 $1,338,619 $1,003,965 $334,654
2024 $16,814 $1,312,373 $984,280 $328,093
2023 $16,536 $1,286,641 $964,981 $321,660
2022 $15,513 $1,261,413 $946,060 $315,353
2021 $15,211 $1,236,680 $927,510 $309,170
2019 $14,994 $1,200,000 $900,000 $300,000
2018 $12,714 $1,020,000 $714,000 $306,000
2016 $1,581 $106,403 $41,396 $65,007
2015 $1,526 $104,806 $40,775 $64,031
2014 $1,528 $102,754 $39,977 $62,777
Source: Public Records

Agents Affiliated with this Home

  • Jason Dufault

    Seller's Agent in 2018

    Jason Dufault

    Keller Williams Coastal Proper

    (714) 861-1233

    15 Total Sales

    Jason Dufault
    Section Image

  • D

    Seller Co-Listing Agent in 2018

    Douglas Baker

    Keller Williams Coastal Prop.

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18123115

California Regional Multiple Listing Service (CRMLS)

APN: 7256-019-002

California Los Angeles County Long Beach 90803 Belmont Heights

4710 E Shaw St, Long Beach, CA

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