NOT LISTED FOR SALE

Estimated Value: $1,814,000 - $2,174,000

6 Beds
2 Baths
3,116 Sq Ft
$642/Sq Ft Est. Value

Last Sold February 05, 2014

Last sale price $1,075,000 $345 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $11,888/month

6 Days on Market

Highlights

  • Ocean Side of Highway 1
  • Property is near public transit
  • Modern Architecture
  • Fremont Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of February 2014

Classic mid-century Belmont Heights duplex with two-three bedroom 1.75 Ba units. These exceptionally large units are ideal for someone to live in one and rent the other. Both units have beautifully restored hardwood floors, all new paint thruout, new plantation blinds, fixtures and tile flooring. The downstairs unit has a granite kitchen with tile blacksplash. Both units have separate breakfast nooks, firepaces in the living rooms and laundry rooms/hookups. Rooms are exceptionally large in scale and the building is located in a prime section of Belmont Heights. There is a large rear yard with covered patio, large yard area + a double and large single garage as well. There is an adjacent large storage room. This is a uniquely large duplex in a really spectacular location!

Last Agent to Sell the Property

John Gooding

Vista Sotheby's Int'l Realty License #00479227 Listed on: 01/02/2014

Vista Sotheby's Int'l Realty

Last Buyer's Agent

Sue La Bounty

First Team Real Estate License #01161648

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,749

Year Built

  • Built in 1953

Lot Details

  • 6,492 Sq Ft Lot
  • Lot Dimensions are 50 x 130
  • Property fronts an alley
  • 1 Common Wall
  • Wood Fence
  • Landscaped
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinklers on Timer

Parking

  • 3 Car Garage

Home Design

  • Modern Architecture
  • Property Attached
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,116 Sq Ft Home
  • 2-Story Property
  • Plantation Shutters
  • Stained Glass
  • Window Screens
  • Living Room with Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Mirrored Closets Doors
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Ocean Side of Highway 1
  • Exterior Lighting
  • Outdoor Storage

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 12 / M
  • Tax Tract Number 1
  • Assessor Parcel Number 7256011012

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,749

Year Built

Built in 1953

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Belmont Heights (BH)
  • Architectural Style: Modern
  • Property Type: Residential Income
  • Parcel Number: 7256011012
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Door Features: Mirror Closet Door(s)
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 344.99
  • Window Features: Plantation Shutters, Screens, Stained Glass

Exterior Features

  • Foundation: Concrete Perimeter
  • Other Structures: Storage
  • Fencing: Wood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen, Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Storm Drains, Urban

Lot Info

  • Lot Features: Level, Landscaped, Rectangular Lot, Lot 6500-9999, Paved, Sprinklers Timer, Near Public Transit
  • Lot Size: 50 x 130
  • Lot Size Sq Ft: 6492.00
  • Lot Size Acres: 0.1490

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average3 Bed Area: 1558
  • Lot Size Area: 6492.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Waterfront Features: Ocean Side Of Highway 1, Ocean Side of Freeway

Tax Info

  • Tax Block: M
  • Tax Lot: 12
  • Tax Tract Number: 00001
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2014
Closed on
Jan 8, 2014
Sold by
Meek Sheri
Bought by
Dilday Ii Richard B and Dilday Diane E
Seller's Agent
John Gooding
Vista Sotheby's Int'l Realty
Buyer's Agent
Sue La Bounty
First Team Real Estate
List Price
$1,095,000
Sold Price
$1,075,000
Premium/Discount to List
-$20,000
-1.83%
Current Estimated Value
$2,000,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$925,623
Avg. Annual Appreciation
5.44%

Purchase Details

Closed on
Jan 4, 2002
Sold by
Kincade John William and The John William Kincade Trust
Bought by
Kincade John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.01%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 11, 2001
Sold by
Kincade John William
Bought by
Kincade John William and The John William Kincade Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
7.14%
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
Dilday Ii Richard B $1,075,000 Ticor Title Tustin Orange Co
Kincade John -- First American Title Ins Co
Kincade John William -- First American Title Ins Co
Kincade John William -- Lawyers Title Company
Kincade John William -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kincade John $50,000
Previous Owner Kincade John William $444,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2014 02/05/14 Sold $1,075,000 -1.8% $345 / Sq Ft
01/08/2014 01/08/14 Pending -- -- --
01/02/2014 01/02/14 For Sale $1,095,000 -- $351 / 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 $16,749 $1,329,206 $950,037 $379,169
2024 $16,749 $1,303,144 $931,409 $371,735
2023 $16,473 $1,277,594 $913,147 $364,447
2022 $15,456 $1,252,544 $895,243 $357,301
2021 $15,154 $1,227,986 $877,690 $350,296
2019 $14,938 $1,191,565 $851,658 $339,907
2018 $14,534 $1,168,202 $834,959 $333,243
2016 $13,360 $1,122,841 $802,538 $320,303
2015 $12,709 $1,096,478 $790,484 $305,994
2014 -- $115,756 $61,380 $54,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14000303

California Regional Multiple Listing Service (CRMLS)

APN: 7256-011-012