NOT LISTED FOR SALE

Estimated Value: $1,534,000 - $1,710,215

4 Beds
2 Baths
2,176 Sq Ft
$733/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $1,250,000 $574 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $9,751/month

54 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 December 2020

Beautiful Spanish style two story duplex in Belmont Park. Each unit has 2 bedrooms and one bath with a single car garage. 1/2 block from dining and shopping on 2nd street. Both units have a dining room, and the second floor unit has a large balcony over the garages. Hardwood Floors. Excellent condition!

Last Agent to Sell the Property

Bob Stallings

Re/Max R. E. Specialists License #00771621 Listed on: 09/29/2020

Re/Max R. E. Specialists

Last Buyer's Agent

Kendra Miller

Keller Williams Coastal Prop. License #01396646

Keller Williams Coastal Prop.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 2,635 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Duplex
  • Spanish Architecture
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 2,176 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Carbon Monoxide Detectors

Kitchen

  • Tile Countertops
  • Formica Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 32
  • Tax Tract Number 3885
  • Assessor Parcel Number 7249032020

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Belmont Park Subdivision

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $480
  • Insurance Expense $1,000
  • Pest Control $624
  • Water Sewer Expense $456
  • New Taxes Expense $16,000
  • Operating Expense $18,080
  • Gross Income $60,600
  • Net Operating Income $60,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s)
  • Subdivision Name Other: Belmont Park (BP)
  • Water Sewer Expenses: 456.00
  • Architectural Style: Spanish
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 7249032020
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Formica Counters, Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl, Wood
  • Levels: Two
  • Price Per Square Foot: 574.45
  • Room Type: Laundry

Exterior Features

  • Pool Private: No
  • Roof: Spanish Tile
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace, Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Pest Control Expense: 624.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level, Near Public Transit
  • Lot Size Sq Ft: 2635.00
  • Lot Size Acres: 0.0605

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 60600.00
  • Gross Multiplier: 21.40
  • Gross Scheduled Income: 60600.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 2635.0000 Square Feet
  • Net Operating Income: 60600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Expenses: 18080.00

Tax Info

  • New Taxes Expense: 16000.00
  • Tax Lot: 32
  • Tax Tract Number: 3885

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2020
Closed on
Dec 17, 2020
Sold by
Diane L Scarfuto Trust
Bought by
Lisa Ann Ramelow 1991 Trust and Ramelow
Seller's Agent
Bob Stallings
Re/Max R. E. Specialists
Buyer's Agent
Kendra Miller
Keller Williams Coastal Prop.
List Price
$1,299,000
Sold Price
$1,250,000
Premium/Discount to List
-$49,000
-3.77%
Current Estimated Value
$1,594,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,304
Avg. Annual Appreciation
4.81%
Original Mortgage
$607,000
Outstanding Balance
$539,165
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,055,139

Purchase Details

Closed on
Sep 29, 2011
Sold by
Scarfuto Diane L
Bought by
Scarfuto Diane L and Diane L Scarfuto Trust

Purchase Details

Closed on
Nov 28, 2007
Sold by
Scarfuto Diane L
Bought by
Scarfuto Diane L
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
Lisa Ann Ramelow 1991 Trust $1,250,000 None Listed On Document
Scarfuto Diane L -- None Available
Scarfuto Diane L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lisa Ann Ramelow 1991 Trust $607,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2020 12/17/20 Sold $1,250,000 -2.3% $574 / Sq Ft
11/14/2020 11/14/20 Price Changed $1,279,000 -1.5% $588 / Sq Ft
09/29/2020 09/29/20 For Sale $1,299,000 -- $597 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $17,663 $1,353,038 $1,028,309 $324,729
2024 $16,926 $1,326,509 $1,008,147 $318,362
2023 $16,645 $1,300,500 $988,380 $312,120
2022 $15,611 $1,275,000 $969,000 $306,000
2021 $15,311 $1,250,000 $950,000 $300,000
2020 $7,449 $585,498 $448,593 $136,905
2019 $7,362 $574,019 $439,798 $134,221
2018 $7,153 $562,765 $431,175 $131,590
2016 $6,574 $540,914 $414,433 $126,481
2015 $6,310 $532,790 $408,208 $124,582
2014 $6,267 $522,354 $400,212 $122,142
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20204612

California Regional Multiple Listing Service (CRMLS)

APN: 7249-032-020

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