NOT LISTED FOR SALE

5353 E The Toledo Long Beach, CA 90803

Belmont Shore Neighborhood

Estimated Value: $1,393,000 - $1,787,000

4 Beds
2 Baths
1,863 Sq Ft
$899/Sq Ft Est. Value

Last Sold October 31, 2013

Last sale price $899,000 $483 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $9,965/month

24 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Lowell Elementary School Rated A-
  • Double Pane Windows
  • Laundry Room

About This Home

As of October 2013

Well Maintained Duplex in a Prime Location just steps to the Bay and Second Street. This property boasts dual paned windows, beautiful hardwood floors, fresh paint and an enormous yard-almost 5,000 sq.ft.! There is a two car garage that has been separated for each tenant/Owner, a large covered patio for Bar-B-Qing and a large storage shed that has power-perfect for a work shop, storage, office? Seller has purchased another and is motivated....submit! Agents, please read important information below-thanks.

Last Agent to Sell the Property

Don Kallenberg

First Team Real Estate License #00576722 Listed on: 09/03/2013

First Team Real Estate

Last Buyer's Agent

Bill Boyd

Keller Williams Pacific Estate License #00770747

Keller Williams Pacific Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,876

Year Built

  • Built in 1946

Lot Details

  • 4,915 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,863 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Wood Flooring

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 7029
  • Assessor Parcel Number 7249015004

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $450
  • New Taxes Expense $9,150
  • Gross Income $1,850
  • Net Operating Income $21,312

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,876

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Inclusions: To Be Determined
  • Property Attached: Yes
  • Subdivision Name Other: Belmont Park (BP)
  • Property Type: Residential Income
  • Parcel Number: 7249015004
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 482.56
  • Room Type: All Bedrooms Up
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Trash Expense: 450.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4915.00
  • Lot Size Acres: 0.1130

Multi Family

  • Gross Income: 1850.00
  • Gross Scheduled Income: 22200.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 4915.0000 Square Feet
  • Net Operating Income: 21312.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 888.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 9150.00
  • Taxes Percent: 1.25
  • Tax Lot: 4
  • Tax Tract Number: 7029
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2013
Closed on
Sep 24, 2013
Sold by
Frazier Andrew J
Bought by
Mitchell Danielle
Seller's Agent
Don Kallenberg
First Team Real Estate
Buyer's Agent
Bill Boyd
Keller Williams Pacific Estate
List Price
$899,000
Sold Price
$899,000
Current Estimated Value
$1,674,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$775,712
Avg. Annual Appreciation
5.32%
Original Mortgage
$619,000
Outstanding Balance
$463,012
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$1,211,700

Purchase Details

Closed on
Aug 15, 2000
Sold by
Bluth Charles S and Bluth Patricia A
Bought by
Frazier Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
8.13%

Purchase Details

Closed on
Sep 28, 1999
Sold by
Bluth Patricia A
Bought by
Bluth Charles S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.97%

Purchase Details

Closed on
Sep 20, 1999
Sold by
Maahs Donna L
Bought by
Maahs Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.97%

Purchase Details

Closed on
Sep 7, 1999
Sold by
Maahs Robert D
Bought by
Bluth Charles S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.97%

Purchase Details

Closed on
May 29, 1998
Sold by
Cornelia L Flacy Revocable Trust and Robert D
Bought by
Maahs Robert D and Estate Of Ronald E Maahs

Purchase Details

Closed on
May 15, 1998
Sold by
Cornelia L Flacy Trust and Steve
Bought by
Maahs Robert D
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
Mitchell Danielle $899,000 Western Resources Title Co
Frazier Andrew J $460,000 Fidelity Title
Bluth Charles S -- Fidelity Title
Maahs Robert D -- Fidelity Title
Bluth Charles S $360,000 Fidelity Title
Maahs Robert D -- --
Maahs Robert D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Danielle $619,000
Previous Owner Frazier Andrew J $368,000
Previous Owner Bluth Charles S $270,000
Closed Bluth Charles S $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2013 10/31/13 Sold $899,000 0.0% $483 / Sq Ft
09/16/2013 09/16/13 Pending -- -- --
08/23/2013 08/23/13 For Sale $899,000 -- $483 / 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 $13,876 $1,102,039 $734,285 $367,754
2024 $13,876 $1,080,432 $719,888 $360,544
2023 $13,646 $1,059,248 $705,773 $353,475
2022 $12,802 $1,038,480 $691,935 $346,545
2021 $12,555 $1,018,118 $678,368 $339,750
2019 $12,376 $987,923 $658,249 $329,674
2018 $12,045 $968,553 $645,343 $323,210
2016 $11,081 $930,945 $620,285 $310,660
2015 $10,630 $916,962 $610,968 $305,994
2014 $10,549 $899,000 $599,000 $300,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Don Kallenberg

    First Team Real Estate

    Section Image
  • Bill Boyd

    Buyer's Agent in 2013

    Bill Boyd

    Keller Williams Pacific Estate

    (562) 714-2455

    31 Total Sales

    Bill Boyd
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13176230

California Regional Multiple Listing Service (CRMLS)

APN: 7249-015-004

California Los Angeles County Long Beach 90803 Belmont Shore

5353 E The Toledo, Long Beach, CA

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