NOT LISTED FOR SALE

Estimated Value: $1,987,000 - $2,176,000

6 Beds
3 Baths
3,906 Sq Ft
$529/Sq Ft Est. Value

Sale Details

Date Sold: August 13, 2020

Last sale price $1,520,000 $389 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $13,091 / mo

117 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • 4 Car Direct Access Garage
  • Lowell Elementary School Rated A-
  • No HOA
  • 5-minute walk to Livingston Drive Park

About This Home

As of August 2020

This stunning 1925 Duplex sits elevated from Quincy Avenue in the exclusive Belmont Heights. Duplex is in good original condition. Behind the duplex is a nice yard and a cute JUST RENOVATED two bedroom bungalow built in 1923. It has had foundation repairs, new forced air heat, new roof, fresh paint, refinished floors. Truly rent-ready. There is an ample yard area separating the two buildings. Access to the 4 car garage parking is off the alley behind the property and has direct access to the bungalow via interior stairs. The duplex units are very original maintaining the charm of the period. Each unit has a formal dining room, the large kitchens offer space for a breakfast table. The living areas have hardwood floors. They each have laundry hook-ups as well. This is a wonderful property in a spectacular location and has not been on the market for more than 35 years. There are ocean view peeks from some rooms.

Last Agent to Sell the Property

Geoff McIntosh

Geoff McIntosh, Broker License #00966266 Listed on: 03/12/2020

Last Buyer's Agent

Scott Chapman

Coldwell Banker Realty License #01389775

Coldwell Banker Realty

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 6,361 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Fence is in fair condition
  • Rectangular Lot

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors

Home Design

  • Triplex
  • Entry on the 1st floor
  • Rolled or Hot Mop Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,906 Sq Ft Home
  • 2-Story Property
  • Casement Windows
  • Living Room with Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • 220 Volts In Laundry
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gravity Heating System
  • 220 Volts in Garage
  • Natural Gas Connected
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, sewer, telephone, trash collection
  • Legal Lot and Block 8 / 12
  • Tax Tract Number 5500
  • Assessor Parcel Number 7250010011

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $22,000
  • Gross Income $85,740

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

6,361 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Belmont Heights (BH)
  • Zoning: LBR1N
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7250010011
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 389.14
  • Room Type: Main Floor Master Bedroom
  • Window Features: Casement Windows

Exterior Features

  • Foundation: Concrete Perimeter
  • Fence: Yes
  • Fencing: Fair Condition
  • Pool Private: No
  • Roof: Rolled/Hot Mop
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Rear, Garage - Two Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Garage, 220 Volts in Laundry, Electricity - On Property
  • Heating Type: Central, Forced Air, Gravity, Natural Gas
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, In Garage, Individual Room, Inside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 6361.00
  • Lot Size Acres: 0.1460

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Sewer, Telephone, Trash Collection

Multi Family

  • Average2 Bed Area: 1302 Square Feet
  • Gross Income: 85740.00
  • Gross Multiplier: 23.00
  • Gross Operating Income: 83168.00
  • Gross Scheduled Income: 85740.00
  • Lot Size Area: 6361.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Other Income Description: One garage was formerly rented
  • Rent Control: No
  • Total Actual Rent: 6035.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 22000.00
  • Tax Area: 5500
  • Tax Block: 12
  • Tax Census Tract: 5774.00
  • Tax Lot: 8
  • Tax Tract: 5500
  • Tax Tract Number: 5500

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Jul 16, 2020
Sold by
Smith Livingston
Bought by
Seller's Agent
Geoff McIntosh
Geoff McIntosh, Broker
Buyer's Agent
Scott Chapman
Coldwell Banker Realty
List Price
$1,649,000
Sold Price
$1,520,000
Premium/Discount to List
-$129,000
-7.82%
Current Estimated Value
$2,042,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,762
Avg. Annual Appreciation
5.19%
Original Mortgage
$1,064,000
Outstanding Balance
$927,287
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$1,138,922

Purchase Details

Listed on
Mar 12, 2020
Closed on
Jul 13, 2020
Sold by
Berg Smith Roberta J
Bought by
Belmont Heights Property Holdings Lllp
Seller's Agent
Geoff McIntosh
Geoff McIntosh, Broker
Buyer's Agent
Scott Chapman
Coldwell Banker Realty
List Price
$1,649,000
Sold Price
$1,520,000
Premium/Discount to List
-$129,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,064,000
Outstanding Balance
$927,287
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$1,138,922

Purchase Details

Closed on
Jan 25, 2019
Sold by
Sexton Properties Lp
Bought by
Berg Smith Roberta J

Purchase Details

Closed on
Jul 3, 2018
Sold by
Berg Smith Roberta J and The Stella Sexton Living Trust
Bought by
Berg Smith Roberta J

Purchase Details

Closed on
Jun 21, 2005
Sold by
Sexton Stella
Bought by
Sexton Stella and Stella Sexton Living Trust

Purchase Details

Closed on
Jun 18, 2005
Sold by
Sexton Stella and Stella Sexton Living Trust
Bought by
Berg Roberta

Purchase Details

Closed on
Jun 25, 1998
Sold by
Sexton Stella Tr Stella Sexton Trust
Bought by
Sexton Stella
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Belmont Heights, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title Company
Belmont Heights Property Holdings Lllp $1,520,000 First American Title Company
Berg Smith Roberta J -- None Available
Berg Smith Roberta J -- None Available
Sexton Stella -- --
Sexton Properties Lp -- --
Berg Roberta -- --
Sexton Stella -- Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,064,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/13/2020 08/13/20 Sold $1,520,000 -7.8% $389 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $1,649,000 -- $422 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $21,836 $1,685,645 $1,093,038 $592,607
2025 $21,836 $1,652,594 $1,071,606 $580,988
2024 $20,878 $1,620,192 $1,050,595 $569,597
2023 $20,533 $1,588,425 $1,029,996 $558,429
2022 $19,182 $1,550,400 $1,009,800 $540,600
2021 $18,804 $1,520,000 $990,000 $530,000
2020 $7,859 $596,735 $322,048 $274,687
2019 $7,769 $585,035 $315,734 $269,301
2018 $7,523 $573,565 $309,544 $264,021
2016 $6,904 $551,295 $297,525 $253,770
2015 $6,633 $543,015 $293,056 $249,959
2014 $6,596 $532,379 $287,316 $245,063
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20055208

California Regional Multiple Listing Service (CRMLS)

APN: 7250-010-011

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