5229 E Ocean Blvd Long Beach, CA 90803
Belmont Shore NeighborhoodEstimated Value: $1,643,000 - $2,014,000
3
Beds
2
Baths
1,889
Sq Ft
$963/Sq Ft
Est. Value
Highlights
- Ocean View
- Across the Road from Lake or Ocean
- Wrought Iron Fence
- Naples Bayside Academy Rated A
- Laundry Room
About This Home
As of April 2021Exceptional Penninsula duplex close to the sand. Experience all the 2nd Street has to offer. Large windows in both units which give way to a beuatiful beach view. Upstairs unit consists of 2BD / 1BA. Laundry is located in the unit. Downstairs unit consists of 1BD / !BA. It has an open floor and also contains laundry within the unit. Take advantage of the ocean breeze while sitting on the front patio. There are two single car garages in the rear of the property.
Last Agent to Sell the Property
Christy Westphal
Century 21 Masters License #02030334 Listed on: 04/02/2021
Last Buyer's Agent
Christy Westphal
Century 21 Masters License #02030334 Listed on: 04/02/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,892
Year Built
- Built in 1927
Lot Details
- 2,699 Sq Ft Lot
- 1 Common Wall
- Wrought Iron Fence
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Home Design
- Property Attached
- Composition Roof
Interior Spaces
- 1,889 Sq Ft Home
- Ocean Views
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Additional Features
- Exterior Lighting
- Across the Road from Lake or Ocean
Listing and Financial Details
- Legal Lot and Block 27 / 28
- Tax Tract Number 3750
- Assessor Parcel Number 7247024023
Community Details
Overview
- 2 Units
- Peninsula Subdivision
Recreation
- Water Sports
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $28,800
- Net Operating Income $28,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2021
Closed on
Feb 5, 2021
Sold by
Sparks Victoria L and Totta Anna R
Bought by
Smith Marad
Seller's Agent
Christy Westphal
Century 21 Masters
Buyer's Agent
Christy Westphal
Century 21 Masters
List Price
$1,400,000
Sold Price
$1,400,000
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
$419,687
Avg. Annual Appreciation
5.03%
Original Mortgage
$1,050,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 17, 1999
Sold by
Cyprus Kip C
Bought by
Cyprus Brett M and Kip F Cyprus Family Trust
Purchase Details
Closed on
Jul 9, 1997
Sold by
Cyprus Amy L
Bought by
Cyprus Kip C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
4.25%
Purchase Details
Closed on
Jun 27, 1997
Sold by
American Svgs Bank Fsb
Bought by
Cypruss Kip C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
4.25%
Purchase Details
Closed on
May 2, 1997
Sold by
Angelo Joseph E D
Bought by
American Svgs Bank
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
4.25%
Similar Homes in Long Beach, CA
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 |
|---|---|---|---|
| Smith Marad | $1,400,000 | Orange Coast Ttl Co Of Socal | |
| Cyprus Brett M | -- | -- | |
| Cyprus Kip C | -- | Investors Title Company | |
| Cypruss Kip C | $280,000 | Investors Title Company | |
| American Svgs Bank | $309,809 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Smith Marad | $1,050,000 | |
| Previous Owner | Sparks Victoria L | $335,000 | |
| Previous Owner | Totta Anna R | $380,000 | |
| Previous Owner | Cypruss Kip C | $224,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/02/2021 04/02/21 | For Sale | $1,400,000 | 0.0% | $741 / Sq Ft |
| 04/01/2021 04/01/21 | Sold | $1,400,000 | -- | $741 / 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 | $18,892 | $1,485,690 | $965,699 | $519,991 |
| 2023 | $18,579 | $1,456,560 | $946,764 | $509,796 |
| 2022 | $17,422 | $1,428,000 | $928,200 | $499,800 |
| 2021 | $9,379 | $752,445 | $521,108 | $231,337 |
| 2020 | $9,355 | $745,210 | $515,765 | $229,445 |
| 2019 | $9,245 | $730,608 | $505,652 | $224,956 |
| 2018 | $8,991 | $716,293 | $495,738 | $220,555 |
| 2016 | $8,269 | $688,019 | $476,489 | $211,530 |
| 2015 | $7,934 | $677,685 | $469,332 | $208,353 |
| 2014 | $7,806 | $658,235 | $460,139 | $198,096 |
Source: Public Records
Agents Affiliated with this Home
-
C
Seller's Agent in 2021
Christy Westphal
Century 21 Masters
(909) 595-6697
1 in this area
2 Total Sales
-
Melinda Elmer
Seller Co-Listing Agent in 2021
Melinda Elmer
Century 21 Masters
(562) 316-2915
2 in this area
267 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21069269
APN: 7247-024-023
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