NOT LISTED FOR SALE

Estimated Value: $1,904,261

6 Beds
4 Baths
3,192 Sq Ft
$597/Sq Ft Est. Value

Last Sold September 05, 2019

Last sale price $1,350,000 $423 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $11,576/month

369 Days on Market

Highlights

  • Dual Staircase
  • Property is near public transit
  • Spanish Architecture
  • Woodrow Wilson High School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of September 2019

Highly desirable Belmont Heights location! This unique 3,192 sq.ft. classic 1927 Spanish 6 bedroom duplex currently converted to mixed residential/office usage (Can easily be converted back) is perfectly set up for an office in front and residence in back. Enter through the private gate into the tiled, landscaped courtyard. Both units boast original refinished fixtures including hardwood floors, tiles and corbels throughout. Back residential unit features Spanish tiled entry and a spacious, bright living room with fireplace. Separate dinning area with french doors that lead out to the nicely landscaped, Spanish tiled back patio perfect for entertaining with family and friends. Brand new chef's kitchen features custom cabinetry, granite counter tops, travertine floor, high end stainless steel appliances, island with built in microwave and a Whitehaus sink. Remodeled bath with travertine flooring and tile complete the downstairs. Master bedroom with adjacent seating area (Can be converted back to the 3rd bedroom), 2nd bedroom and a full bath complete the upstairs. The front unit is currently set up as an office with reception area, waiting room, kitchen and powder room on the first floor. Upstairs has three separate offices or can be used as three bedrooms. Full bath complete the upstairs. Two car garage with storage area, one car garage, three additional parking spaces and private yard space all behind the secured gate.

Last Agent to Sell the Property

Spencer Snyder

The Agency License #01912506 Listed on: 07/20/2018

The Agency

Co-Listed By

Daniel Cohn

The Agency License #01972482

Last Buyer's Agent

Kea Luu

Keystar Realty License #01170210

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927 | Remodeled

Lot Details

  • 6,500 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Fence is in good condition
  • Front Yard Sprinklers
  • Back and Front Yard

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Spanish Architecture
  • Property Attached
  • Spanish Tile Roof

Interior Spaces

  • 3,192 Sq Ft Home
  • Dual Staircase
  • Ceiling Fan
  • Dishwasher
  • Laundry Room

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Firewall

Utilities

  • Floor Furnace
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 7257030010

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1927 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Firewall(s), Wired for Alarm System
  • Subdivision Name Other: Belmont Heights (BH)
  • View: No
  • Zoning: LBCNR
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 7257030010
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Staircases, Ceiling Fan(s)
  • Common Walls: 1 Common Wall
  • Flooring: Stone, Tile, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 422.93
  • Room Type: All Bedrooms Up

Exterior Features

  • Fence: Yes
  • Fencing: Good Condition
  • Pool Private: No
  • Roof: Spanish Tile

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Water Heater
  • Heating Type: Floor Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Near Public Transit, Sprinklers In Front
  • Lot Size Sq Ft: 6500.00
  • Lot Size Acres: 0.1492

Multi Family

  • Lot Size Area: 6500.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5771.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2018
Closed on
Aug 29, 2019
Sold by
Wong Jon Garfield and Wong Jon Garfield
Bought by
Suos Roddy
Seller's Agent
Spencer Snyder
The Agency
Buyer's Agent
Kea Luu
Keystar Realty
List Price
$1,650,000
Sold Price
$1,350,000
Premium/Discount to List
-$300,000
-18.18%
Current Estimated Value
$1,904,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$554,261
Avg. Annual Appreciation
5.61%
Original Mortgage
$930,000
Outstanding Balance
$816,272
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$1,087,989

Purchase Details

Listed on
Jul 20, 2018
Closed on
Aug 21, 2019
Sold by
Suos Roddy
Bought by
Casa Descansa Llc
Seller's Agent
Spencer Snyder
The Agency
Buyer's Agent
Kea Luu
Keystar Realty
List Price
$1,650,000
Sold Price
$1,350,000
Premium/Discount to List
-$300,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$930,000
Outstanding Balance
$816,272
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$1,087,989

Purchase Details

Closed on
May 14, 2004
Sold by
Cruz Vicente T and Loring Laura A
Bought by
Wong Jon Garfield

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$731,250
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 1994
Sold by
Cutner Lawrence P and Cutner Donna C
Bought by
Cruz Vicente T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,470
Interest Rate
8.9%
Mortgage Type
Seller Take Back
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
Suos Roddy $1,350,000 Provident Title Company
Wong Jon Garfield -- Provident Title Company
Casa Descansa Llc -- Provident Title Company
Wong Jon Garfield $975,000 Chicago Title Co
Cruz Vicente T -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suos Roddy $930,000
Previous Owner Wong Jon Garfield $731,250
Previous Owner Cruz Vicente T $66,470
Closed Wong Jon Garfield $48,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2019 09/05/19 Sold $1,350,000 0.0% $423 / Sq Ft
01/22/2019 01/22/19 Off Market $1,350,000 -- --
01/15/2019 01/15/19 Price Changed $1,595,000 -1.8% $500 / Sq Ft
09/26/2018 09/26/18 Price Changed $1,625,000 -1.5% $509 / Sq Ft
07/20/2018 07/20/18 For Sale $1,650,000 -- $517 / 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 $18,839 $1,476,417 $1,038,961 $437,456
2024 $18,839 $1,447,469 $1,018,590 $428,879
2023 $18,523 $1,419,088 $998,618 $420,470
2022 $17,384 $1,391,264 $979,038 $412,226
2021 $17,041 $1,363,986 $959,842 $404,144
2020 $16,997 $1,350,000 $950,000 $400,000
2019 $15,820 $1,242,685 $802,968 $439,717
2018 $15,379 $1,218,320 $787,224 $431,096
2016 $14,068 $1,171,013 $756,656 $414,357
2015 $13,499 $1,153,424 $745,291 $408,133
2014 $13,391 $1,130,831 $730,692 $400,139
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS18120737

California Regional Multiple Listing Service (CRMLS)

APN: 7257-030-010