NOT LISTED FOR SALE

5397 E Appian Way Long Beach, CA 90803

Belmont Park Neighborhood

Estimated Value: $1,745,000 - $2,023,000

4 Beds
3.5 Baths
2,310 Sq Ft
$822/Sq Ft Est. Value

Last Sold December 03, 2019

Last sale price $1,500,000 $649 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $11,548/month

48 Days on Market

Highlights

  • Marina View
  • Multi-Level Bedroom
  • No HOA
  • Lowell Elementary School Rated A-
  • Great Room
  • 2 Car Attached Garage

About This Home

As of December 2019

Motivated Seller!!! ***HUGE PRICE REDUCTION***
Excellent Opportunity Knocks! Opportunity to Own a Completely Turnkey WATERVIEW Property in the Prestigious Community of Belmont Park! This 4-bedroom, 3-bathroom house was extensively remodeled in 2018, and a newly constructed space was added during the rehabilitation. This house is in impeccable condition with a well-thought out floor plan. Interiors are very well-designed and built with the highest quality materials throughout, including European cabinetry, marble master bathroom, all stainless steel appliances, customized Quartz countertops, frosted glass doors, dual-pane clear windows and engineering wood floors.

View! View! View! Enjoy this spectacular water-view home from the rooftop deck that provides 360-degree views of the marina and Belmont Park! In addition, you also get a gorgeous marina view from the upstairs deck, from the upstairs bedrooms, and through several windows on the main floor. Live in this wonderful home located in the best area of Long Beach within walking distance to the Marina, local parks, restaurants, and the neighborhood shopping center.

Last Agent to Sell the Property

Sharon Kim

American Realty Management Solutions License #01023742 Listed on: 08/24/2018

Last Buyer's Agent

Spencer Snyder

The Agency License #01912506

The Agency

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 3,863 Sq Ft Lot
  • Front Yard Sprinklers
  • Density is up to 1 Unit/Acre
  • Property is zoned LBR1S

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,310 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Living Room with Fireplace
  • Marina Views

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Multi-Level Bedroom

Laundry

  • Laundry Room
  • Laundry on upper level

Schools

  • Lowell Elementary School
  • Rogers Middle School
  • Woodrow Wilson High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 80
  • Tax Tract Number 29683
  • Assessor Parcel Number 7242003140

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Belmont Shore (BSD)
  • View: Yes
  • Zoning: LBR1S
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7242003140
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2310.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 649.35
  • Room Type: Great Room, Kitchen, Living Room, Multi-Level Bedroom

Exterior Features

  • View: Marina, Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • Elementary School: Lowell
  • High School: Woodrow Wilson
  • Middle Or Junior School: Rogers
  • Elementary School #2: LOWELL
  • High School2: WOOWIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Sprinklers In Front
  • Lot Size Sq Ft: 3863.00
  • Lot Size Acres: 0.0887

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3863.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5776.03
  • Tax Lot: 80
  • Tax Tract Number: 29683

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2018
Closed on
Nov 1, 2019
Sold by
Kim Seong Hwoon and Kim Soyoung
Bought by
Ohrberg Nye Jay and Ohrberg Eva Leah Christina Koponen
Seller's Agent
Sharon Kim
American Realty Management Solutions
Buyer's Agent
Spencer Snyder
The Agency
List Price
$1,649,000
Sold Price
$1,500,000
Premium/Discount to List
-$149,000
-9.04%
Current Estimated Value
$1,897,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,926
Avg. Annual Appreciation
3.86%
Original Mortgage
$1,350,000
Outstanding Balance
$1,251,550
Interest Rate
3.6%
Estimated Equity
$646,376

Purchase Details

Listed on
Jun 7, 2017
Closed on
Aug 2, 2017
Sold by
Morgan Valerie B
Bought by
Kim Seong Hwoon and Kim Soyoung
Seller's Agent
Christina Curnyn
Christina Curnyn, Broker
Buyer's Agent
Sharon Kim
American Realty Management Solutions
List Price
$9,550,000
Sold Price
$895,000
Premium/Discount to List
-$8,655,000
-90.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.93%
Original Mortgage
$716,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 9, 1994
Sold by
Morgan Richard Alan
Bought by
Morgan Richard A and Morgan Valerie B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ohrberg Nye Jay $1,500,000 Stewart Title
Kim Seong Hwoon $895,000 Fatco
Morgan Richard A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohrberg Nye Jay $1,350,000
Previous Owner Kim Seong Hwoon $716,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2019 12/03/19 Sold $1,500,000 0.0% $649 / Sq Ft
10/17/2018 10/17/18 Rented $5,000 0.0% --
10/16/2018 10/16/18 For Rent $5,000 0.0% --
09/14/2018 09/14/18 Price Changed $1,549,000 -6.1% $671 / Sq Ft
08/24/2018 08/24/18 For Sale $1,649,000 +84.2% $714 / Sq Ft
09/08/2017 09/08/17 Sold $895,000 0.0% $586 / Sq Ft View Prior Sale
07/25/2017 07/25/17 Pending -- -- --
07/06/2017 07/06/17 Price Changed $895,000 -90.6% $586 / Sq Ft
06/07/2017 06/07/17 For Sale $9,550,000 -- $6,250 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $20,313 $1,640,466 $1,312,373 $328,093
2024 $20,313 $1,608,301 $1,286,641 $321,660
2023 $19,977 $1,576,766 $1,261,413 $315,353
2022 $18,731 $1,545,850 $1,236,680 $309,170
2021 $18,374 $1,515,540 $1,212,432 $303,108
2019 $11,399 $912,900 $606,900 $306,000
2018 $11,092 $895,000 $595,000 $300,000
2016 $1,098 $72,644 $34,149 $38,495
2015 $1,060 $71,554 $33,637 $37,917
2014 $1,061 $70,154 $32,979 $37,175
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Sharon Kim

    American Realty Management Solutions

    Section Image
  • Spencer Snyder

    Buyer's Agent in 2019

    Spencer Snyder

    The Agency

    (562) 355-0334

    3 in this area

    139 Total Sales

    Spencer Snyder
    Section Image
  • Christina Curnyn

    Seller's Agent in 2017

    Christina Curnyn

    Christina Curnyn, Broker

    (714) 743-1098

    58 Total Sales

    Christina Curnyn
    Section Image
  • Doug Merlino

    Seller Co-Listing Agent in 2017

    Doug Merlino

    Beach Pointe Properties Inc

    (714) 742-4601

    77 Total Sales

    Doug Merlino
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18206653

California Regional Multiple Listing Service (CRMLS)

APN: 7242-003-140

California Los Angeles County Long Beach 90803 Belmont Park

5397 E Appian Way, Long Beach, CA

Not Listed for Sale

Detached

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