NOT LISTED FOR SALE

Estimated Value: $1,852,000 - $2,443,687

5 Beds
4 Baths
3,108 Sq Ft
$675/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $1,900,000 $611 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $12,931/month

34 Days on Market

Highlights

  • Golf Course Community
  • Open Floorplan
  • Craftsman Architecture
  • Lowell Elementary School Rated A-
  • Dual Staircase
  • Property is near a park

About This Home

As of February 2024

Situated in the esteemed Belmont Heights, these exquisite Craftsman homes exude sheer elegance. Nestled on a stunning park-like lot, these residences offer a captivating charm. The front house, a classic Craftsman masterpiece dating back to the 1920s, boasts a two-story layout, teeming with charisma. Showcasing three bedrooms and two bathrooms spanning over 1700 square feet, offering a spacious open living area and formal dining room. Renovated with contemporary conveniences, this home includes modern amenities such as central air and heat, copper plumbing, and updated electrical service. The galley-style kitchen is a delightful blend of vintage aesthetics and modern functionality, adorned with retro tile countertops, tile flooring, a Viking range, a Bosch dishwasher, and a cozy breakfast nook. Gleaming hardwood floors grace the entire house, augmenting its allure. Abundant natural light and generous bedroom spaces further enhance the appeal of this captivating home. With its own private verdant yard, the front house creates an idyllic setting for outdoor entertainment. Detached from the front house by two spacious two-car garages, the rear home was constructed in 1986. Boasting two bedrooms and two bathrooms encompassing over 1300 square feet of living space, this residence offers FA heating, a gas-burning fireplace, laminate flooring, window coverings. Each home features its own detached two-car garage, providing ample storage space. Impeccably positioned, this property enjoys a prime locale, benefiting from close by schools and easy access to the beach and Belmont Shore's shopping and dining options. Indeed, this is a truly distinctive opportunity to reside in this exclusive historic neighborhood.

Last Agent to Sell the Property

Geoff Luna

Redfin Corporation License #01167933 Listed on: 01/04/2024

Redfin Corporation

Co-Listed By

Geoffrey Luna Jr.

Resolution Brokers License #02039592

Last Buyer's Agent

Trudy Kalucea

Keller Williams Coastal Prop. License #01263450

Keller Williams Coastal Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,649

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • 6,342 Sq Ft Lot
  • No Common Walls
  • West Facing Home
  • Wood Fence
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Front Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors
  • Garage Door Opener

Home Design

  • Duplex
  • Craftsman Architecture
  • Entry on the 1st floor
  • Raised Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Composition Roof
  • Copper Plumbing
  • Plaster
  • Stucco

Interior Spaces

  • 3,108 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dual Staircase
  • High Ceiling
  • Gas Fireplace
  • Wood Frame Window
  • Family Room with Fireplace
  • Living Room
  • Neighborhood Views
  • Fire and Smoke Detector

Kitchen

  • Six Burner Stove
  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Sewer Paid

Additional Features

  • Two Homes on a Lot
  • Property is near a park

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 6 / 13
  • Tax Tract Number 7250
  • Assessor Parcel Number 7250009007
  • $566 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Belmont Heights Subdivision

Recreation

  • Golf Course Community
  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,380
  • Insurance Expense $2,181
  • New Taxes Expense $24,000
  • Operating Expense $27,561
  • Gross Income $18,699
  • Net Operating Income $18,699

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,649

Year Built

Built in 1986 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Price Per Unit: 999944
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Belmont Heights (BH)
  • View: Yes
  • Zoning: LBR1N
  • Architectural Style: Craftsman
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1380.00
  • Parcel Number: 7250009007
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases, Ceramic Counters, Copper Plumbing Full, High Ceilings, Open Floorplan
  • Stories: 2
  • Entry Location: ground with steps
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Family Room, Gas
  • Levels: Two
  • Price Per Square Foot: 611.33
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room
  • Window Features: Wood Frames

Exterior Features

  • Direction Faces: West
  • Foundation: Raised
  • Other Structures: Two On A Lot
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Plaster, Stucco

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Disposal
  • Electric: Electricity - On Property
  • Heating Type: Central, Fireplace(s), Forced Air
  • Laundry Features: In Kitchen, Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Golf, Hiking, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Level, Park Nearby, Sprinkler System, Walkstreet
  • Lot Size Sq Ft: 6342.00
  • Lot Size Acres: 0.1456

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average2 Bed Area: 1300 Square Feet
  • Average3 Bed Area: 1700 Square Feet
  • Gross Income: 18699.00
  • Gross Scheduled Income: 46260.00
  • Insurance Expense: 2181.00
  • Lot Size Area: 6342.0000 Square Feet
  • Net Operating Income: 18699.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 27561.00
  • Rent Control: Yes
  • Total Expenses: 27561.00

Tax Info

  • New Taxes Expense: 24000.00
  • Tax Block: 13
  • Tax Census Tract: 5774.00
  • Tax Lot: 6
  • Tax Tract Number: 7250
  • TaxOtherAnnualAssessmentAmount: 566.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Feb 9, 2024
Sold by
Golden Sunset Investment Llc
Bought by
Samuel P Yudin And Marina A Shyyan Living Tru and Yudin
Seller's Agent
Geoff Luna
Redfin Corporation
Buyer's Agent
Trudy Kalucea
Keller Williams Coastal Prop.
List Price
$1,999,888
Sold Price
$1,900,000
Premium/Discount to List
-$99,888
-4.99%
Views
50
Current Estimated Value
$2,098,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,672
Avg. Annual Appreciation
6.37%
Original Mortgage
$1,472,250
Outstanding Balance
$1,446,183
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$652,489

Purchase Details

Closed on
Feb 22, 2021
Sold by
Mun Kevin and Mun Grace
Bought by
Golden Sunset Investment Llc

Purchase Details

Closed on
Jan 6, 2021
Sold by
Mun Kevin H and Mun Grace S
Bought by
Mun Kevin and Mun Grace

Purchase Details

Closed on
Dec 3, 2020
Sold by
Mun February 17 2017 Family Trust
Bought by
Mun Kevin and Mun Grace S

Purchase Details

Closed on
Feb 17, 2017
Sold by
Mun Kevin and Mun Grace
Bought by
Mun Kevin H and Mun Grace S

Purchase Details

Closed on
Jun 2, 2004
Sold by
Rouse Daryl and Rouse Kim
Bought by
Mun Kevin and Mun Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2001
Sold by
Elton Samuel S
Bought by
Widmann Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$885,000
Interest Rate
7.15%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
Oct 8, 1997
Sold by
Miller Robert Wilson
Bought by
Miller Kathryn A
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
Samuel P Yudin And Marina A Shyyan Living Tru $1,900,000 Monarch Title
Golden Sunset Investment Llc $1,600,000 Ticor Title
Mun Kevin -- Ticor Title Company
Mun Kevin -- Ticor Title
Mun Kevin H -- None Available
Mun Kevin $1,200,000 North American Title Co
Widmann Development Inc $381,000 Lawyers Title Company
Miller Kathryn A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Samuel P Yudin And Marina A Shyyan Living Tru $1,472,250
Previous Owner Mun Kevin $840,000
Previous Owner Widmann Development Inc $885,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Sold $1,900,000 -5.0% $611 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $1,999,888 -- $643 / 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 $21,649 $1,938,000 $1,224,000 $714,000
2024 $21,649 $1,697,932 $1,061,208 $636,724
2023 $21,293 $1,664,640 $1,040,400 $624,240
2022 $19,972 $1,632,000 $1,020,000 $612,000
2021 $15,515 $1,265,000 $759,000 $506,000
2020 $15,630 $1,265,000 $759,000 $506,000
2019 $15,746 $1,265,000 $759,000 $506,000
2018 $14,651 $1,185,000 $711,000 $474,000
2016 $11,858 $1,000,000 $600,000 $400,000
2015 $11,544 $1,000,000 $600,000 $400,000
2014 $11,678 $1,000,000 $600,000 $400,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24002451

California Regional Multiple Listing Service (CRMLS)

APN: 7250-009-007