NOT LISTED FOR SALE

Estimated Value: $1,733,000 - $2,213,891

3 Beds
2 Baths
2,450 Sq Ft
$789/Sq Ft Est. Value

Last Sold May 03, 2012

Last sale price $849,750 $347 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $10,903/month

7 Days on Market

Highlights

  • Contemporary Architecture
  • Naples Bayside Academy Rated A
  • No Heating

About This Home

As of May 2012

Wonderful opportunity to own in income property in Belmont Shore. 3 story building. Bottom floor is a 2 bedroom/1 bath apt with patio. Upstairs are 3 1 bedroom lofts. All units are carpted throughout and beautifully maintained. 2 single car garages rent out seperatly to tenants. One garage has laundry hook ups. Great location close to shopping, beach, and schools.

Last Agent to Sell the Property

Robert Hovard

Broadmoor Realty, Inc. License #00457499 Listed on: 03/05/2012

Last Buyer's Agent

Frank Colonna

Colonna & Co., Realty License #00338298

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 2,394

Parking

  • 2 Parking Spaces

Home Design

  • 2,450 Sq Ft Home
  • Contemporary Architecture
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • 2,394 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Block 27
  • Tax Tract Number 3750
  • Assessor Parcel Number 7247013012

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

2,394 Sq Ft Lot

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 7247013012
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: Yes
  • Levels: Three Or More
  • Price Per Square Foot: 346.84

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 2394.00
  • Lot Size Acres: 0.0550

Multi Family

  • Gross Income: 4400.00
  • Lot Size Area: 2394.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4

Tax Info

  • Tax Area: 5500
  • Tax Block: 27
  • Tax Lot: 0.
  • Tax Tract Number: 3750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2012
Closed on
Mar 14, 2012
Sold by
Beck David W
Bought by
Driscoll Michael W and Driscoll Carol L
Seller's Agent
Robert Hovard
Broadmoor Realty, Inc.
Buyer's Agent
Frank Colonna
Colonna & Co., Realty
List Price
$879,000
Sold Price
$849,750
Premium/Discount to List
-$29,250
-3.33%
Current Estimated Value
$1,896,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,046,562
Avg. Annual Appreciation
6.11%

Purchase Details

Closed on
Feb 24, 1997
Sold by
Kuster Karen and First Federal Bank Of Californ
Bought by
First Federal Bank Of California

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.63%

Purchase Details

Closed on
Jan 27, 1997
Sold by
First Federal Bank Of California
Bought by
Beck David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.63%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Driscoll Michael W $850,000 North American Title Company
First Federal Bank Of California $307,852 American Title
Beck David W $320,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beck David W $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2012 05/03/12 Sold $849,750 -3.3% $347 / Sq Ft
03/12/2012 03/12/12 Pending -- -- --
03/05/2012 03/05/12 For Sale $879,000 -- $359 / 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 $13,732 $1,067,323 $753,315 $314,008
2024 $13,732 $1,046,396 $738,545 $307,851
2023 $13,497 $1,025,879 $724,064 $301,815
2022 $12,667 $1,005,765 $709,867 $295,898
2021 $12,412 $986,046 $695,949 $290,097
2019 $12,235 $957,621 $675,307 $282,314
2018 $11,929 $938,861 $662,066 $276,795
2016 $10,978 $901,617 $636,358 $265,259
2015 $10,536 $888,075 $626,800 $261,275
2014 $10,468 $870,679 $614,522 $256,157
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P814436

California Regional Multiple Listing Service (CRMLS)

APN: 7247-013-012

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