NOT LISTED FOR SALE

5258 E 2nd St Long Beach, CA 90803

Belmont Shore Neighborhood

Estimated Value: $17,390,494

Studio
-- Bath
5,937 Sq Ft
$2,929/Sq Ft Est. Value

About This Home

This home is located at 5258 E 2nd St, Long Beach, CA 90803 and is currently estimated at $17,390,494, approximately $2,929 per square foot. 5258 E 2nd St is a home located in Los Angeles County with nearby schools including Naples Bayside Academy, Rogers Middle School, and Woodrow Wilson High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2016
Sold by
Arthur Pearl Investment Company Llc
Bought by
The Gerschultz Family Trust
Current Estimated Value
$17,390,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,720,000
Outstanding Balance
$5,331,611
Interest Rate
3.64%
Mortgage Type
Commercial
Estimated Equity
$12,052,013

Purchase Details

Closed on
Sep 6, 2000
Sold by
Robert Simmons Investment Company Llc
Bought by
Arthur Pearl Investment Company Llc

Purchase Details

Closed on
Mar 6, 2000
Sold by
Bay Cities Ltd
Bought by
Robert Simmons Investment Company Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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
The Gerschultz Family Trust $11,200,000 First American Title Company
Arthur Pearl Investment Company Llc -- --
Robert Simmons Investment Company Llc -- Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Gerschultz Family Trust $6,720,000
Source: Public Records

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 $102,772 $7,460,291 $3,353,417 $4,106,874
2024 $102,772 $7,314,012 $3,287,664 $4,026,348
2023 $125,704 $9,170,900 $4,050,670 $5,120,230
2022 $118,030 $8,991,080 $3,971,246 $5,019,834
2021 $115,592 $8,814,785 $3,893,379 $4,921,406
2019 $113,927 $8,553,336 $3,777,900 $4,775,436
2018 $106,130 $8,385,624 $3,703,824 $4,681,800
2017 $149,042 $11,424,000 $5,100,000 $6,324,000
2016 $33,741 $2,087,545 $1,081,959 $1,005,586
2015 $32,579 $2,056,189 $1,065,707 $990,482
2014 $32,236 $2,015,912 $1,044,832 $971,080
Source: Public Records

Map

California Los Angeles County Long Beach 90803 Belmont Shore

5258 E 2nd St, Long Beach, CA

Not Listed for Sale

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