NOT LISTED FOR SALE

Estimated Value: $1,260,000 - $1,702,000

2 Beds
2 Baths
1,550 Sq Ft
$936/Sq Ft Est. Value

Last Sold July 26, 2016

Last sale price $859,900 $555 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $8,672/month

9 Days on Market

Highlights

  • Guest House
  • Maid or Guest Quarters
  • No HOA
  • Fremont Elementary School Rated A
  • Wood Flooring
  • Cottage

About This Home

As of July 2016

Wonderful updated/ remodeled Belmont Heights Cottage with a rental in the back. The front home successfully compliments vintage features with modern updates. Two bedrooms, a spacious living room with fireplace, and a separate dining area. The dining area opens to a gorgeous remodeled kitchen featuring soapstone counters, custom cabinetry and high-end finishes. The large bathroom has a tub and separate tiled shower. Both bedrooms have large closets and ceiling fans. The home has hardwood floors throughout, crown molding, updated electrical and plumbing systems, along with forced air heating and a three-zone air conditioner. The back yard has a large covered deck and grassy backyard area. There is a separate studio rental unit above the garages. The studio has wood floors, a large walk-in closet and an outdoor deck. There is a two car garage, and an additional parking area beside the garage. This great property is walking distance to shops, restaurants and the beach.

Last Agent to Sell the Property

Dave Sterud

David Curtis Sterud, Broker License #01745962 Listed on: 06/08/2016

David Curtis Sterud, Broker

Last Buyer's Agent

Michael Roland

Coldwell Banker Realty License #01023175

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 4,382 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • East Facing Home
  • Wood Fence
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Garage

Home Design

  • Cottage
  • Raised Foundation
  • Wood Siding

Interior Spaces

  • 1,550 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Living Room with Fireplace

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Maid or Guest Quarters
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Homes

  • Guest House

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 14
  • Tax Tract Number 1
  • Assessor Parcel Number 7255009020

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $35

Property Details

Home Type

Multi-Family

Year Built

Built in 1920 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley
  • Subdivision Name Other: Belmont Heights (BH)
  • View: No
  • Water Sewer Expenses: 35.00
  • Architectural Style: Cottage
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 7255009020
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Crown Molding, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 554.77
  • Room Type: Guest/Maid's Quarters

Exterior Features

  • Direction Faces: East
  • Foundation: Raised
  • Other Structures: Guest House
  • Fencing: Wood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Available, Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator, Tankless Water Heater
  • Heating Type: Forced Air
  • Laundry Features: In Kitchen
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 4382.00
  • Price Per Lot Square Foot: 196.23

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Scheduled Income: 41650.00
  • 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
  • Total Actual Rent: 41650.00

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2016
Closed on
Jul 19, 2016
Sold by
Ramos Arturo and Ramos Katherine D
Bought by
Ramos Arthur and Ramos Katherine D
Seller's Agent
Dave Sterud
David Curtis Sterud, Broker
Buyer's Agent
Michael Roland
Coldwell Banker Realty
List Price
$859,900
Sold Price
$859,900
Current Estimated Value
$1,450,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$590,866
Avg. Annual Appreciation
5.72%
Original Mortgage
$459,900
Outstanding Balance
$366,387
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,084,379

Purchase Details

Listed on
Jun 8, 2016
Closed on
Jun 20, 2016
Sold by
Wilson Karla
Bought by
Ramos Arturo and Ramos Katherine D
Seller's Agent
Dave Sterud
David Curtis Sterud, Broker
Buyer's Agent
Michael Roland
Coldwell Banker Realty
List Price
$859,900
Sold Price
$859,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,900
Outstanding Balance
$366,387
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,084,379

Purchase Details

Listed on
Oct 25, 2011
Closed on
Feb 22, 2012
Sold by
Zimmerman Stephen J
Bought by
Wilson Karla
Seller's Agent
Shannon Jones
Keller Williams Pacific Estate
Buyer's Agent
Dave Sterud
David Curtis Sterud, Broker
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$633,522
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 25, 2011
Closed on
Feb 21, 2012
Sold by
Mellenthin William and Mellenthin Tamme
Bought by
Wilson Karla
Seller's Agent
Shannon Jones
Keller Williams Pacific Estate
Buyer's Agent
Dave Sterud
David Curtis Sterud, Broker
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,522
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 2004
Sold by
Pieters Sharon
Bought by
Mellenthin William and Ames Tamme

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2001
Sold by
Wallace Robert Bruce and Wallace Kristin K
Bought by
Pieters Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
6.45%

Purchase Details

Closed on
May 5, 1998
Sold by
Stallwood Living Trust and Barbara J
Bought by
Wallace Robert Bruce and Wallace Kristin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ramos Arthur -- None Available
Ramos Arturo $860,000 Ortc
Wilson Karla -- Chicago Title Company
Wilson Karla $650,000 Chicago Title Company
Mellenthin William $662,500 Fatcola
Pieters Sharon $399,000 --
Wallace Robert Bruce $240,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Arturo $459,900
Previous Owner Wilson Karla $633,522
Previous Owner Mellenthin William $530,000
Previous Owner Pieters Sharon $319,200
Previous Owner Wallace Robert Bruce $180,000
Closed Wallace Robert Bruce $36,000
Closed Pieters Sharon $79,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2016 07/26/16 Sold $859,900 0.0% $555 / Sq Ft
06/17/2016 06/17/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $859,900 +32.3% $555 / Sq Ft
03/16/2012 03/16/12 Sold $650,000 0.0% $419 / Sq Ft View Prior Sale
02/17/2012 02/17/12 Pending -- -- --
01/27/2012 01/27/12 For Sale $650,000 0.0% $419 / Sq Ft
01/04/2012 01/04/12 Pending -- -- --
11/22/2011 11/22/11 Price Changed $650,000 -6.5% $419 / Sq Ft
10/25/2011 10/25/11 For Sale $695,000 -- $448 / 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 $12,580 $997,980 $696,348 $301,632
2024 $12,580 $978,413 $682,695 $295,718
2023 $12,371 $959,229 $669,309 $289,920
2022 $11,605 $940,422 $656,186 $284,236
2021 $11,382 $921,983 $643,320 $278,663
2020 $11,353 $912,530 $636,724 $275,806
2019 $11,220 $894,639 $624,240 $270,399
2018 $10,920 $877,098 $612,000 $265,098
2016 $8,276 $689,674 $482,772 $206,902
2015 $7,940 $679,316 $475,521 $203,795
2014 $7,883 $666,010 $466,207 $199,803
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16125949

California Regional Multiple Listing Service (CRMLS)

APN: 7255-009-020