NOT LISTED FOR SALE

Estimated Value: $1,559,000 - $1,716,043

4 Beds
2 Baths
2,302 Sq Ft
$716/Sq Ft Est. Value

Last Sold November 04, 2013

Last sale price $900,000 $391 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $10,201/month

65 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • No HOA
  • Lowell Elementary School Rated A-
  • Spanish Architecture
  • 4-minute walk to Livingston Drive Park

About This Home

As of November 2013

Class Spanish duplex featuring two 2 BR / 1 BA units with spacious living rooms and formal dining rooms, approximately 1150' each. Architectural features include hardwood floors, arched bay windows, faux fireplace. Upstairs unit enjoys a large deck, and lower unit has a private patio. Located in the heart of the Shore on a tree lined drive close to beach, shops, restaurants, and bike bath.

Last Agent to Sell the Property

Pamela Spoo

Coldwell Banker Realty License #00610267 Listed on: 07/30/2013

Co-Listed By

Mary Klingensmith

Coldwell Banker Realty License #00689167

Last Buyer's Agent

Les Andre

Les Andre, Broker License #00460624

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,462

Year Built

  • Built in 1930

Lot Details

  • 2,882 Sq Ft Lot
  • Lot Dimensions are 34' x 85'
  • Property fronts an alley
  • No Common Walls
  • East Facing Home
  • Paved or Partially Paved Lot

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Spanish Architecture
  • Composition Roof
  • Plaster
  • Stucco

Interior Spaces

  • 2,302 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Gas Range
  • Dishwasher
  • Corian Countertops
  • Formica Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Property is near public transit
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 28 / 12
  • Tax Tract Number 3885
  • Assessor Parcel Number 7256022026

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 $3,000
  • Trash Expense $200
  • Water Sewer Expense $1,000
  • New Taxes Expense $11,863
  • Gross Income $4,500
  • Net Operating Income $38,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,462

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Appliances in Upper Unit
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s)
  • Subdivision Name Other: Belmont Shore (BSD)
  • Water Sewer Expenses: 1000.00
  • Zoning: LBR2S
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 7256022026
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Corian Counters, Formica Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Fireplace Features: Decorative, Living Room
  • Levels: Two
  • Price Per Square Foot: 390.96
  • Room Type: Living Room

Exterior Features

  • Direction Faces: East
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Plaster, Stucco

Garage/Parking

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

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Trash Expense: 200.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Paved, Near Public Transit
  • Lot Size: 34' x 85'
  • Lot Size Sq Ft: 2882.00
  • Lot Size Acres: 0.0660

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 4500.00
  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 2882.0000 Square Feet
  • Net Operating Income: 38000.00
  • 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: 16000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 11863.00
  • Tax Area: 5500
  • Tax Block: 12
  • Tax Lot: 28
  • Tax Tract Number: 3885
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2019
Sold by
Kcw Properties Llc
Bought by
Nourrcier Karen Denise and Nourrcier Charles Edward
Current Estimated Value
$1,648,261

Purchase Details

Listed on
Jul 30, 2013
Closed on
Oct 11, 2013
Sold by
Edwards Teri and The Thomas W Farrand 1998 Revo
Bought by
Kgw Properties Llc
Seller's Agent
Pamela Spoo
Coldwell Banker Realty
Buyer's Agent
Les Andre
Les Andre, Broker
List Price
$949,000
Sold Price
$900,000
Premium/Discount to List
-$49,000
-5.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%

Purchase Details

Closed on
Jul 29, 2004
Sold by
Farrand Thomas W
Bought by
Farrand Thomas W and Farrand 1998 Revocabl Thomas W

Purchase Details

Closed on
Dec 18, 2001
Sold by
Farrand Thomas W
Bought by
Farrand Thomas W and Farrand 1998 Revocabl Thomas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.51%

Purchase Details

Closed on
Nov 30, 1999
Sold by
Farrand Thomas W
Bought by
Farrand Thomas W and Farrand 1998 Revocabl Thomas W
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
Nourrcier Karen Denise -- Ticor Title
Kgw Properties Llc $900,000 Ticor Title
Farrand Thomas W -- --
Farrand Thomas W -- --
Farrand Thomas W -- --
Farrand Thomas W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farrand Thomas W $350,000
Previous Owner Farrand Thomas W $250,000
Previous Owner Farrand Thomas W $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2013 11/04/13 Sold $900,000 -5.2% $391 / Sq Ft
10/03/2013 10/03/13 Pending -- -- --
07/30/2013 07/30/13 For Sale $949,000 -- $412 / 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 $15,462 $1,231,441 $874,915 $356,526
2024 $15,462 $1,207,296 $857,760 $349,536
2023 $15,206 $1,183,625 $840,942 $342,683
2022 $14,264 $1,160,417 $824,453 $335,964
2021 $13,987 $1,137,665 $808,288 $329,377
2019 $12,397 $989,242 $769,241 $220,001
2018 $12,076 $969,850 $754,158 $215,692
2016 $11,105 $931,980 $724,874 $207,106
2015 $10,652 $917,982 $713,986 $203,996
2014 $10,571 $900,000 $700,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13167238

California Regional Multiple Listing Service (CRMLS)

APN: 7256-022-026