NOT LISTED FOR SALE

Estimated Value: $1,632,000 - $1,830,000

4 Beds
1.5 Baths
1,866 Sq Ft
$929/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $1,605,000 $860 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $10,876/month

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Lawn
  • Lowell Elementary School Rated A-
  • Spanish Architecture
  • No HOA

About This Home

As of July 2022

Introducing 245 Prospect Ave, a charming 1922 Spanish “Airplane Bungalow” designed by Watson L. Hawk and located in the heart of Belmont Heights. Bring an imagination and contractor to this classic gem, ideally set up with a great floor plan. Original hardwood floors and windows create a sense of nostalgia and warmth to the functional layout. Make your way from the generous front living room to the sun filled dining room, complete with floor to ceiling windows and french doors. Three well appointed bedrooms and full bathroom flank the north side on the first level. The kitchen is primed for a redesign and ready to be opened to the living spaces. Elevate upstairs to the spacious primary bedroom which includes a half bathroom. Outdoor living will be a dream come true in the expansive backyard that sets up as a blank canvas. Converted to a rumpus room, the original garage is perfect for an ADU conversion or creative workspace. A large workshop is attached to the 2-car garage facing the alley, allowing for easy access parking. The possibilities are endless in a premier setting, just moments from trendy restaurants, shopping and the beach.

Last Agent to Sell the Property

Steve Nader

Beach Team License #01982651 Listed on: 06/24/2022

Beach Team

Last Buyer's Agent

Kendra Miller

Keller Williams Coastal Prop. License #01396646

Keller Williams Coastal Prop.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1922

Lot Details

  • 6,337 Sq Ft Lot
  • Lawn
  • Property is zoned LBR1N

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,866 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Bathtub with Shower

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Belmont Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 14 / 14
  • Tax Tract Number 577
  • Assessor Parcel Number 7250008015

Home Details

Home Type

Single Family

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Belmont Heights (BH)
  • View: Yes
  • Zoning: LBR1N
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7250008015
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1866.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 860.13
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Bathroom Features: Shower In Tub

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 6337.00
  • Lot Size Acres: 0.1455
  • Latitude Manual: 33.76596300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6337.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 14
  • Tax Census Tract: 5774.00
  • Tax Lot: 14
  • Tax Tract Number: 577...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2003
Sold by
Burcham Hugh David and Burcham Esther Woodward
Bought by
Hering John C
Current Estimated Value
$1,757,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$243,568
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,489,537
Source: Public Records

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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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
Hering John C $675,000 Natc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hering John C $540,000
Closed Hering John C $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $1,605,000 +7.1% $860 / Sq Ft
06/24/2022 06/24/22 For Sale $1,499,000 -- $803 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
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 $20,765 $1,669,841 $1,335,873 $333,968
2024 $20,765 $1,637,100 $1,309,680 $327,420
2023 $20,423 $1,605,000 $1,284,000 $321,000
2022 $11,112 $904,344 $723,480 $180,864
2021 $10,895 $886,613 $709,295 $177,318
2019 $10,738 $860,317 $688,258 $172,059
2018 $10,420 $843,449 $674,763 $168,686
2016 $9,581 $810,699 $648,562 $162,137
2015 $9,190 $798,522 $638,820 $159,702
2014 $9,118 $782,881 $626,307 $156,574
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22136610

California Regional Multiple Listing Service (CRMLS)

APN: 7250-008-015