NOT LISTED FOR SALE

Estimated Value: $637,000 - $898,000

2 Beds
2 Baths
1,348 Sq Ft
$219/mo HOA Fee

Last Sold May 14, 2015

Last sale price $435,000 $323 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,820/month

57 Days on Market

Highlights

  • 0.59 Acre Lot
  • Courtyard Views
  • Laundry Room
  • Woodrow Wilson High School Rated A
  • Living Room
  • Zero Lot Line

About This Home

As of May 2015

This Belmont Heights Condominium, with its ample proportions, feels more like a home than a condo. Builder, Paul McKenzie, who was known for his quality work and Mid-Century architecture of condo buildings constructed the building. This ground floor corner unit features 2 bed 2 baths and an open-airy floor plan with lots of natural light in all rooms of the home. The living room features hardwood floors, built in cabinets, and access to a private patio overlooking 2nd St. The large formal dining area ties the living room and kitchen together, which has custom terra cotta tile floors, custom Spanish Tile on Counter tops, breakfast bar in kitchen, and custom cabinets. Bathrooms also feature custom tile work and vanities.

Newer Hot Water Heater, newer copper plumbing. Plenty of storage in bedrooms, baths, hallway built in and dual storage unit over parking space in common garage area. Security gated building entrances. Serenity water fountain feature in common area courtyard. Excellent location - Just a hop and a skip from Historical Bluff Park and is one block from 1st St. gas lamp district. Walking distance to Beaches, Bluff Park, Bike Path, Broadway Corridor and Belmont Shore shopping and restaurants. Low monthly HOAs of $219/mo!

Last Agent to Sell the Property

Sean Na

Keller Williams Pacific Estate License #01730195 Listed on: 04/07/2015

Last Buyer's Agent

Amir Zolghadr

Vylla Home, Inc. License #01221449

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1963

Lot Details

  • Two or More Common Walls
  • Zero Lot Line

HOA Fees

  • $219 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,348 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Courtyard Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 7264006063

Community Details

Overview

  • 26 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Year Built

Built in 1963

Lot Details

0

HOA Fees

$219 per month

Parking

1

Listing Details

  • Assessments: No
  • Inclusions: Kitchen Appliances
  • Property Attached: Yes
  • Subdivision Name Other: 2nd Street East (SSE)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7264006063
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1348.00
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Price Per Square Foot: 322.70
  • Room Type: Living Room, Master Bedroom

Exterior Features

  • View: Courtyard
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Community
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 219.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Zero Lot Line
  • Lot Size Sq Ft: 25793.00
  • Lot Size Acres: 0.5920

Multi Family

  • Lease Considered: No
  • Lot Size Area: 25793.0000 Square Feet
  • Number Of Units In Community: 26
  • Number Of Units Total: 26

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2018
Sold by
Asadi Ali Akbar
Bought by
Asadi Ali Akbar and Ali Akbar Asadi 2018 Trust
Current Estimated Value
$772,480

Purchase Details

Listed on
Apr 7, 2015
Closed on
Apr 9, 2015
Sold by
Botta Michael
Bought by
Asadi Ali Akbar
Seller's Agent
Sean Na
Keller Williams Pacific Estate
Buyer's Agent
Amir Zolghadr
Vylla Home, Inc.
List Price
$524,900
Sold Price
$435,000
Premium/Discount to List
-$89,900
-17.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%
Original Mortgage
$315,000
Outstanding Balance
$241,608
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$530,872

Purchase Details

Closed on
Dec 31, 2008
Sold by
Botta Ann
Bought by
Botta Michael

Purchase Details

Closed on
Aug 2, 2004
Sold by
Ehrler Jessie M and Ehrler Trust
Bought by
Botta Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Asadi Ali Akbar -- None Available
Asadi Ali Akbar $435,000 North American Title
Botta Michael -- None Available
Botta Michael $410,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asadi Ali Akbar $315,000
Previous Owner Botta Michael $328,000
Closed Botta Michael $82,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2015 05/14/15 Sold $435,000 -17.1% $323 / Sq Ft
04/07/2015 04/07/15 Pending -- -- --
02/09/2015 02/09/15 For Sale $524,900 -- $389 / 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 $6,642 $522,797 $390,598 $132,199
2024 $6,642 $512,547 $382,940 $129,607
2023 $6,532 $502,498 $375,432 $127,066
2022 $6,129 $492,646 $368,071 $124,575
2021 $6,007 $482,987 $360,854 $122,133
2019 $5,921 $468,662 $350,151 $118,511
2018 $5,777 $459,474 $343,286 $116,188
2017 $5,716 $450,465 $336,555 $113,910
2016 $5,312 $441,633 $329,956 $111,677
2015 $4,737 $410,000 $300,000 $110,000
2014 $4,793 $410,000 $300,000 $110,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS15027891

California Regional Multiple Listing Service (CRMLS)

APN: 7264-006-063