NOT LISTED FOR SALE

Estimated Value: $2,455,000 - $2,558,000

5 Beds
5 Baths
3,988 Sq Ft
$628/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $2,159,700 $542 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $15,509/month

7 Days on Market

Highlights

  • Art Studio
  • Home Theater
  • View of Trees or Woods
  • Lowell Elementary School Rated A-
  • Primary Bedroom Suite
  • Craftsman Architecture

About This Home

As of June 2021

This enchanting tri-plex in the heart of the lovely Belmont Heights neighborhood! Gorgeous archways, coved and sculpted ceilings. Beautiful Spanish Terracotta tile floors. Luxurious arched French doors and windows. The lower home has been used as the owners unit which features a remodeled kitchen, separate laundry room. An amazing master suite with a luxurious bath with a custom vanity plus an amazing walk in shower. The master has an adjacent sitting area or office with custom closets, sliding doors lead to a lovely private deck! The entire place has an amazing Mediterranean feel. stairs and the downstairs Units have spacious living rooms and dining rooms. Both have elegant archways and coved and sculpted ceilings. The lower home also includes a lovely office or 2nd bedroom with an adjacent completely remodeled 3/4 bath. All of the downstairs windows and doors have been replaced. There is also an enchanting private stone patio with a serene fountain flowing. The upstairs of the front duplex features 3 spacious bedrooms and 2 remodeled bathrooms. Classic sconces and chandelier in the living and ding rooms. A very bright and sunny kitchen with a breakfast nook with a lovely private deck with tree top views. There is also a darling back home remodeled in 2015 and features it's own private balcony. There are is also a 2 1/2 car garage with custom shelving with a custom work stations. Perfectly set up for working from home. There is also the possibility to create an ADU! Walking distance to tons of restaurants and shops in the Belmont Shore business district plus a short walk to the ocean. Ocean breezes abound most afternoons! This is truly a place of peace and tranquility, while also being a fabulous investment property!
Additionally there is a lovely back lawn and garden.

Last Agent to Sell the Property

Cynthia Voss

Re/Max R. E. Specialists License #00881330 Listed on: 05/20/2021

Re/Max R. E. Specialists

Co-Listed By

Nathan Walter

Re/Max R. E. Specialists License #01955448

Last Buyer's Agent

YOLANDA CORTEZ

WERE REAL ESTATE License #02039732

WERE REAL ESTATE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 6,345 Sq Ft Lot
  • No Common Walls
  • Sprinklers on Timer
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available

Property Views

  • Woods
  • Neighborhood

Home Design

  • Craftsman Architecture
  • Mediterranean Architecture
  • Spanish Tile Roof
  • Composition Roof
  • Wood Siding
  • Partial Copper Plumbing
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,988 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Decorative Fireplace
  • Double Pane Windows
  • Blinds
  • French Mullion Window
  • Wood Frame Window
  • Window Screens
  • French Doors
  • Sliding Doors
  • Panel Doors
  • Entryway
  • Living Room
  • Home Theater
  • Art Studio
  • Workshop
  • Storage

Kitchen

  • Galley Kitchen
  • Built-In Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Corian Countertops
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 5 / 12
  • Tax Tract Number 577400
  • Assessor Parcel Number 7250010032

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $6,633
  • Insurance Expense $2,316
  • New Taxes Expense $25,960
  • Operating Expense $13,114
  • Gross Income $112,800
  • Net Operating Income $99,686

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Surface Type: Alley Paved
  • View: Yes
  • Zoning: LBR1N
  • Architectural Style: Craftsman, Mediterranean
  • Property Type: Residential Income
  • Parcel Number: 7250010032
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Coffered Ceiling(s), Copper Plumbing Partial, Corian Counters, Crown Molding, Granite Counters, High Ceilings, Recessed Lighting, Stone Counters, Storage, Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile, Vinyl, Wood
  • Appliances: Yes
  • Door Features: French Doors, Panel Doors, Sliding Doors
  • Fireplace Features: Decorative
  • Levels: Two
  • Price Per Square Foot: 541.55
  • Room Type: All Bedrooms Down, All Bedrooms Up, Art Studio, Entry, Galley Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Media Room, Workshop
  • Window Features: Blinds, Double Pane Windows, French/Mullioned, Screens, Wood Frames

Exterior Features

  • Foundation: Concrete Perimeter
  • View: Neighborhood, Trees/Woods
  • Pool Private: No
  • Roof: Composition, Spanish Tile
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Microwave
  • Heating Type: Central, Wall Furnace, Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Front Yard, Sprinkler System, Sprinklers Timer
  • Lot Size Sq Ft: 6345.00
  • Lot Size Acres: 0.1457

Multi Family

  • Electric Expense: 6633.00
  • Garage Income: 6000.00
  • Gross Income: 112800.00
  • Gross Scheduled Income: 112800.00
  • Insurance Expense: 2316.00
  • Lot Size Area: 6345.0000 Square Feet
  • Net Operating Income: 99686.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Carpet: 1
  • Number With Dishwasher: 1
  • Number With Disposal: 3
  • Number With Patio: 2
  • Number With Range: 1
  • Number With Refrigerator: 2
  • Operating Expense: 13114.00
  • Rent Control: Yes
  • Total Expenses: 13114.00

Tax Info

  • New Taxes Expense: 25960.00
  • Tax Block: 12
  • Tax Census Tract: 5774.00
  • Tax Lot: 5
  • Tax Tract Number: 577400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 2, 2021
Sold by
Urabec/Russell Living Trust
Bought by
Baudhuin Patrick
Seller's Agent
Cynthia Voss
Re/Max R. E. Specialists
Buyer's Agent
YOLANDA CORTEZ
WERE REAL ESTATE
List Price
$2,200,000
Sold Price
$2,159,700
Premium/Discount to List
-$40,300
-1.83%
Current Estimated Value
$2,503,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,632
Avg. Annual Appreciation
3.33%

Purchase Details

Closed on
Nov 18, 2009
Sold by
Urabec John and Russell Elizabeth
Bought by
Urabec John Reding and Russell Elizabeth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,600
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2005
Sold by
Brown Leslie Seaward and Brown Helen Marie
Bought by
Urabec John Reding and Russell Elizabeth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 12, 2000
Sold by
Waters Carlton H and Waters Family Trust
Bought by
Waters Carlton H

Purchase Details

Closed on
Mar 11, 1998
Sold by
Waters Carlton H and Waters Jenny L
Bought by
Waters Carlton H and Waters Jenny L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.06%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Baudhuin Patrick $2,160,000 New Title Company Name
Urabec John Reding -- Fidelity National Title Co
Urabec John -- Fidelity National Title Co
Urabec John Reding $1,445,000 Lawyers Title Company
Waters Carlton H -- --
Waters Carlton H -- North American Title
Waters Carlton H -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Urabec John $391,600
Previous Owner Urabec John Reding $1,000,000
Previous Owner Waters Carlton H $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2021 06/25/21 Sold $2,159,700 -1.8% $542 / Sq Ft
05/20/2021 05/20/21 For Sale $2,200,000 0.0% $552 / Sq Ft
04/02/2015 04/02/15 Rented $1,700 0.0% --
04/02/2015 04/02/15 For Rent $1,700 -- --
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 $29,182 $2,337,725 $1,515,404 $822,321
2024 $29,182 $2,291,889 $1,485,691 $806,198
2023 $28,700 $2,246,951 $1,456,560 $790,391
2022 $26,916 $2,202,894 $1,428,000 $774,894
2021 $15,300 $1,227,923 $958,571 $269,352
2020 $15,260 $1,215,334 $948,743 $266,591
2019 $15,082 $1,191,505 $930,141 $261,364
2018 $14,706 $1,168,143 $911,903 $256,240
2016 $13,515 $1,122,785 $876,494 $246,291
2015 $12,969 $1,105,921 $863,329 $242,592
2014 $12,875 $1,084,258 $846,418 $237,840
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21104392

California Regional Multiple Listing Service (CRMLS)

APN: 7250-010-032