NOT LISTED FOR SALE

5280 E The Toledo Long Beach, CA 90803

Belmont Shore Neighborhood

Estimated Value: $1,418,000 - $1,928,000

2 Beds
1 Bath
1,915 Sq Ft
$844/Sq Ft Est. Value

Last Sold December 21, 2016

Last sale price $1,100,000 $574 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $9,779/month

96 Days on Market

Highlights

  • Marina
  • Peek-A-Boo Views
  • Cathedral Ceiling
  • Lowell Elementary School Rated A-
  • Property is near park and public transit
  • Wood Flooring

About This Home

As of December 2016

STUNNING SPANISH DUPLEX! AMAZING NEIGHBORHOOD! Quiet location, only 1 block to 2nd Street's fabulous dining, entertainment and shopping district. And only 2+ blocks to Marine Stadium and the Ocean ... an EXTRAORDINARY PLAYGROUND for young and old alike! A HUGE 2 Br, 1 Ba unit upstairs with with another 2 Br, 1 Ba unit and oversized 1 car garage downstairs. Extensively remodeled throughout: Gourmet Kitchen with Granite Counters and European Cabinets, Huge Arched Windows, Arched Doorways, Beamed Cathedral Ceilings, Real Hardwood Floors ... CLASSIC AND CLASSY! Could be used as a large 4 Br, 2 Ba single family home ... OR a GORGEOUS Owner Occupied upstairs unit with kids, relatives or tenants staying downstairs ... OR as a rental property. Whoever lives here is going to ABSOLUTELY LOVE IT!!

Last Agent to Sell the Property

Leslie Huttunen

Berkshire Hathaway H.S.C.P. License #01336824 Listed on: 06/23/2016

Last Buyer's Agent

Leslie Huttunen

Berkshire Hathaway H.S.C.P. License #01336824 Listed on: 06/23/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 1,761 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Paved or Partially Paved Lot

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • Spanish Architecture
  • Brick Exterior Construction
  • Clay Roof
  • Stucco

Interior Spaces

  • 1,915 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Awning
  • Peek-A-Boo Views
  • Home Security System
  • Granite Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Additional Features

  • Balcony
  • Property is near park and public transit

Listing and Financial Details

  • Tax Lot 2,3
  • Tax Tract Number 4029
  • Assessor Parcel Number 7249021003

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Marina

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Trash Expense $1,200
  • Water Sewer Expense $1,800
  • New Taxes Expense $13,750

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Security: Security System
  • Subdivision Name Other: Belmont Shore (BSD)
  • View: No
  • Water Sewer Expenses: 1800.00
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 7249021003
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Balcony, Cathedral Ceiling(s), Granite Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Levels: Two
  • Price Per Square Foot: 574.41

Exterior Features

  • Exterior Features: Awning(s)
  • View: Peek-A-Boo
  • Pool Private: No
  • Roof: Clay
  • Spa: No
  • Construction Materials: Brick, Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: In Garage
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved, Park Nearby, Near Public Transit
  • Lot Size Sq Ft: 1761.00
  • Price Per Lot Square Foot: 624.65

Multi Family

  • Insurance Expense: 1800.00
  • 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
  • Waterfront Features: Marina in Community

Tax Info

  • New Taxes Expense: 13750.00
  • Tax Lot: 2,3
  • Tax Tract Number: 4029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2018
Sold by
Hegstrom Kathryn M
Bought by
Hegstrom Kathryn M and Hegstrom Power Of Appointment Trust
Current Estimated Value
$1,615,763

Purchase Details

Closed on
Oct 12, 2016
Sold by
Paiement Janice Ann
Bought by
Paiement Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Outstanding Balance
$704,588
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$911,175

Purchase Details

Closed on
Oct 3, 2016
Sold by
Paiement Paul
Bought by
Hegstrom Kathryn M and Hegstrom Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Outstanding Balance
$704,588
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$911,175

Purchase Details

Closed on
Oct 6, 2010
Sold by
Trolesi Bert
Bought by
Paiement Paul

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
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2008
Sold by
Trolesi Bert
Bought by
Trolesi Bert and Trolesi Sandra

Purchase Details

Closed on
Mar 11, 2002
Sold by
Hill Brian
Bought by
Trolesi Bert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,200
Interest Rate
9%

Purchase Details

Closed on
Oct 2, 2000
Sold by
Habis Pierre
Bought by
Hill Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,000
Interest Rate
7.88%

Purchase Details

Closed on
Oct 31, 1997
Sold by
State Street Bank & Trust Company
Bought by
Habis Pierre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,920
Interest Rate
7.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hegstrom Kathryn M -- None Available
Paiement Paul -- Orange Coast Title Co Socal
Hegstrom Kathryn M $1,100,000 Orange Coast Title Co Socal
Paiement Paul $700,000 North American Title
Trolesi Bert -- None Available
Trolesi Bert $514,000 Fidelity National Title Co
Hill Brian $432,500 Fidelity Title
Habis Pierre $290,000 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hegstrom Kathryn M $880,000
Previous Owner Paiement Paul $518,000
Previous Owner Trolesi Bert $411,200
Previous Owner Hill Brian $346,000
Previous Owner Habis Pierre $231,920
Closed Hill Brian $86,500
Closed Trolesi Bert $77,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2016 12/21/16 Sold $1,100,000 0.0% $574 / Sq Ft
06/23/2016 06/23/16 For Sale $1,100,000 -- $574 / 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 $15,961 $1,276,638 $1,044,524 $232,114
2024 $15,961 $1,251,607 $1,024,044 $227,563
2023 $15,696 $1,227,066 $1,003,965 $223,101
2022 $14,720 $1,203,007 $984,280 $218,727
2021 $14,438 $1,179,420 $964,981 $214,439
2019 $14,231 $1,144,640 $936,360 $208,280
2018 $13,888 $1,122,200 $918,000 $204,200
2017 $9,754 $772,730 $607,146 $165,584
2016 $9,066 $757,580 $595,242 $162,338
2015 $8,698 $746,201 $586,301 $159,900
2014 $8,633 $731,585 $574,817 $156,768
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Leslie Huttunen

    Berkshire Hathaway H.S.C.P.

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16137918

California Regional Multiple Listing Service (CRMLS)

APN: 7249-021-003

California Los Angeles County Long Beach 90803 Belmont Shore

5280 E The Toledo, Long Beach, CA

Not Listed for Sale

MultiFamily

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