NOT LISTED FOR SALE

Estimated Value: $659,000 - $1,040,000

2 Beds
2 Baths
936 Sq Ft
$450/mo HOA Fee

Last Sold May 31, 2013

Last sale price $625,000 $668 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,765/month

100 Days on Market

Highlights

  • Beach Front
  • Marina
  • Property has ocean access
  • Woodrow Wilson High School Rated A
  • Ocean View
  • Contemporary Architecture

About This Home

As of May 2013

SPECIAL BEACHFRONT AND OCEANFRONT END CONDO UNIT OVERLOOKING CATALINA, HARBOR, SUNSETS, OCEAN, BLUFF PARK, DOWNTOWN, BIKE PATH, VOLLYBALL COURT AND RIGHT OVER OUR FABULOUS BEACH! Remodeled kitchen with s.s. appliances, (dw, microwave, elect stovetop & oven, refrigerator); beautiful cabinets, remodeled bathrooms with custom tile and catalina tile; forced air heating (gas)with stained glass windows above interior doors, beautiful wood floors throughout with electric fireplace in living room that really adds ambiance; front balcony for sitting and watching all these stated things of beauty. One car parking space in community garage with easy access to garage and condo unit. Views from every room with special security/black out blind in master bedroom. Only 12 unit building with 6 units on the beach like this one and the other 6 units in the 2nd building above. Community laundry (free)at North far end of community garage.

Last Agent to Sell the Property

Larry Boren

LB Brokerage, Inc License #00605203 Listed on: 02/20/2013

Last Buyer's Agent

Larry Boren

LB Brokerage, Inc License #00605203 Listed on: 02/20/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,384

Year Built

  • Built in 1958

Lot Details

  • Beach Front
  • Property Fronts a Bay or Harbor
  • End Unit
  • Cul-De-Sac

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Views of a pier
  • Catalina
  • Panoramic
  • City Lights
  • Bluff

Home Design

  • Contemporary Architecture

Interior Spaces

  • 936 Sq Ft Home
  • Electric Fireplace
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Property has ocean access
  • Balcony

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 42962
  • Assessor Parcel Number 7256001069

Community Details

Overview

  • 12 Units

Amenities

  • Laundry Facilities

Recreation

  • Marina

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,384

Year Built

Built in 1958

Lot Details

0

HOA Fees

$450 per month

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Belmont Heights (BH)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7256001069
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 936.00
  • Interior Amenities: Balcony, Granite Counters
  • Common Walls: End Unit
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Electric
  • Levels: One
  • Price Per Square Foot: 667.74
  • Room Type: Master Bedroom

Exterior Features

  • View: Bluff, Catalina, City Lights, Coastline, Harbor, Ocean, Panoramic, Pier
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Electric Cooktop, Disposal, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 450.00
  • Association Fee Frequency: Monthly
  • Senior Community: No

Lot Info

  • Lot Features: Bluff, Cul-De-Sac
  • Lot Size Sq Ft: 9137.00
  • Lot Size Acres: 0.2100

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 9137.0000 Square Feet
  • Number Of Units In Community: 12
  • Number Of Units Total: 12
  • Waterfront Features: Bay Front, Beach Access, Beach Front, Marina in Community, Ocean Access, Ocean Front

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 42962

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2014
Sold by
Cheng David S
Bought by
Tasons
Current Estimated Value
$855,002

Purchase Details

Listed on
Feb 20, 2013
Closed on
May 22, 2013
Sold by
Cheng Melissa
Bought by
Cheng David
Seller's Agent
Larry Boren
LB Brokerage, Inc
Buyer's Agent
Larry Boren
LB Brokerage, Inc
List Price
$649,000
Sold Price
$625,000
Premium/Discount to List
-$24,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.94%
Original Mortgage
$500,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 20, 2013
Closed on
May 13, 2013
Sold by
Boren Larry L
Bought by
Cheng David S
Seller's Agent
Larry Boren
LB Brokerage, Inc
Buyer's Agent
Larry Boren
LB Brokerage, Inc
List Price
$649,000
Sold Price
$625,000
Premium/Discount to List
-$24,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2005
Sold by
Boren Larry L and Boren Lynn E
Bought by
Boren Larry L

Purchase Details

Closed on
Aug 20, 2004
Sold by
Pearce Steven C and Pearce Linda M
Bought by
Boren Larry L

Purchase Details

Closed on
May 19, 2003
Sold by
Stucker Michael W and Estate Of Edna Rosemary Butte
Bought by
Pearce Steven C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
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
Tasons $625,000 None Available
Cheng David -- None Available
Cheng David S $625,000 Ticor Title
Boren Larry L -- --
Boren Larry L -- Natc
Pearce Steven C $370,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheng David S $500,000
Previous Owner Pearce Steven C $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2013 05/31/13 Sold $625,000 0.0% $668 / Sq Ft
03/20/2013 03/20/13 Off Market $625,000 -- --
02/20/2013 02/20/13 For Sale $649,000 -- $693 / 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 $9,384 $751,146 $600,920 $150,226
2024 $9,384 $736,419 $589,138 $147,281
2023 $9,227 $721,981 $577,587 $144,394
2022 $8,653 $707,825 $566,262 $141,563
2021 $8,488 $693,947 $555,159 $138,788
2019 $8,366 $673,366 $538,694 $134,672
2018 $8,174 $660,164 $528,132 $132,032
2016 $7,523 $634,531 $507,625 $126,906
2015 $7,215 $625,000 $500,000 $125,000
2014 -- $627,837 $502,270 $125,567
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13027262

California Regional Multiple Listing Service (CRMLS)

APN: 7256-001-069