NOT LISTED FOR SALE

Estimated Value: $1,384,000 - $1,707,000

3 Beds
3 Baths
2,158 Sq Ft
$705/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $1,215,000 $563 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $9,380/month

15 Days on Market

Highlights

  • Ocean Side of Highway 1
  • Craftsman Architecture
  • Neighborhood Views
  • Woodrow Wilson High School Rated A
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window

About This Home

As of February 2021

Belmont Heights tri-plex that has been lovingly cared for. These homes are the perfect investment to make in real estate. Three separate units all with 1/1 and each has their own private laundry with machines included. There are two garages, one single car garage for the back home and a two car garage that units 312 & 314 share. Lots of original charm still is in effect with these homes, doors and hardware, crown molding and base boards and the Craftsman charm. Some of the systems have been updated over the years including the plumbing, and electrical meters. The kitchens have been updated over the years also. The "secret garden" backyard has beautiful landscaping and lots of privacy and sprinklers. Long term tenants in all the units also and will hand over to the buyer with tenants. The buyer may have the possibility of the Mills Act (lower property taxes).

Last Agent to Sell the Property

Jennifer Davis

Y Realty License #01383659 Listed on: 01/11/2021

Co-Listed By

Aimee Jarrels

K. Mark Bulla & Approved Mgmt. License #01489095

Last Buyer's Agent

Spencer Snyder

The Agency License #01912506

The Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 6,500 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Back and Front Yard

Parking

  • 3 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Property Attached
  • Raised Foundation
  • Composition Roof
  • Wood Siding
  • Partial Copper Plumbing

Interior Spaces

  • 2,158 Sq Ft Home
  • Neighborhood Views
  • Carbon Monoxide Detectors

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Ocean Side of Highway 1
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 9
  • Tax Tract Number 576802
  • Assessor Parcel Number 7257022010

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Belmont Heights Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $1,700
  • Trash Expense $2,400
  • New Taxes Expense $11,150
  • Operating Expense $5,300
  • Gross Income $66,900
  • Net Operating Income $61,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s)
  • Subdivision Name Other: Belmont Heights (BH)
  • View: Yes
  • Zoning: LBR2A
  • Architectural Style: Craftsman, Traditional
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7257022010
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Partial
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl, Wood
  • Price Per Square Foot: 563.02
  • Room Type: Laundry

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Garage - Single Door, Garage - Two Door, On Site
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 2400.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6500.00
  • Lot Size Acres: 0.1492

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 66900.00
  • Gross Scheduled Income: 66900.00
  • Insurance Expense: 1700.00
  • Lot Size Area: 6500.0000 Square Feet
  • Net Operating Income: 61600.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 5300.00
  • Rent Control: No
  • Total Expenses: 5300.00
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • New Taxes Expense: 11150.00
  • Tax Census Tract: 5768.02
  • Tax Lot: 9
  • Tax Tract Number: 576802

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2016
Sold by
Hopkins Tina R
Bought by
Tucker Mary Patricia
Current Estimated Value
$1,518,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Outstanding Balance
$369,724
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$1,150,694

Purchase Details

Closed on
Jan 31, 2007
Sold by
Zaphenath Paneah Properties #1 Llc
Bought by
Tucker Mary Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,250
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2007
Sold by
Mccormick Marvin
Bought by
Zaphenath Paneah Properties #1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,250
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2005
Sold by
Davies John
Bought by
Davies Viviana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,425
Interest Rate
8.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 27, 2005
Sold by
Conway Richard
Bought by
Conway Nadya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,425
Interest Rate
8.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 26, 2005
Sold by
Henning John
Bought by
Henning Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,425
Interest Rate
8.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 14, 2005
Sold by
Treffry Dennis and Raiola Silvana
Bought by
Mccormick Marvin and Cervantes John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,425
Interest Rate
8.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 9, 2005
Sold by
The Renata M Treffry Trust
Bought by
Treffry Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,425
Interest Rate
8.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 16, 1993
Sold by
Treffry Renata M
Bought by
Teffry Renata M and Raiola Silvana
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
Tucker Mary Patricia -- Chicago Title Company
Tucker Mary Patricia $907,500 North American Title Co
Zaphenath Paneah Properties #1 Llc -- North American Title Co
Davies Viviana -- Commonwealth Title
Conway Nadya -- Commonwealth Title
Henning Wendy -- Commonwealth Title
Davies Jake -- Commonwealth Title
Henning Christopher -- Commonwealth Title
Treffry Tara -- Commonwealth Title
Raiola Silvana -- Commonwealth Title
Raiola Francoise -- Commonwealth Title
Mccormick Marvin $850,000 --
Treffry Dennis -- --
Teffry Renata M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tucker Mary Patricia $595,000
Closed Tucker Mary Patricia $635,250
Previous Owner Mccormick Marvin $637,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $1,215,000 +5.7% $563 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $1,150,000 -- $533 / 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 $17,399 $1,315,152 $790,174 $524,978
2024 $16,658 $1,289,366 $774,681 $514,685
2023 $16,380 $1,264,086 $759,492 $504,594
2022 $15,369 $1,239,300 $744,600 $494,700
2021 $13,979 $1,123,257 $804,539 $318,718
2020 $13,943 $1,111,740 $796,290 $315,450
2019 $13,779 $1,089,942 $780,677 $309,265
2018 $13,399 $1,068,571 $765,370 $303,201
2016 $12,332 $1,027,078 $735,650 $291,428
2015 $11,832 $1,011,651 $724,600 $287,051
2014 $11,748 $991,836 $710,407 $281,429
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21006053

California Regional Multiple Listing Service (CRMLS)

APN: 7257-022-010