NOT LISTED FOR SALE

Estimated Value: $1,181,000 - $1,334,000

2 Beds
1 Bath
900 Sq Ft
$1,364/Sq Ft Est. Value

Last Sold August 15, 2024

Last sale price $1,175,000 $1,306 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,510/month

About This Home

Classic charming home with a separate guest house in the back in the highly sought after Belmont Park neighborhood just steps to the Marine Stadium water way. The home is move in ready just prior to placing it on the market both the exterior and interior of the house were entirely repainted w/designer paint colors. Also, the classic easy care hardwood floors were completely sanded and refinished. Newer Milgard low maintenance & energy saving double pain vinyl windows throughout. Newer energy efficient central heat & air conditioning. Dining room w/delightful bay window and china cabinets. Traditional wood and gas fireplace/w mantel in the light & airy living room. Covered patio in back yard perfect for extra living space & entertaining. Back house is ideal for guests, a rental, extended family member, home office or the possibility to be converted to an ADU for extra income. Square feet & the number of the bedrooms & baths listed in the MLS does not include the back house as it may not be permitted ( buyer to verify) Desirable oversized two car garage w/cabinetry and workbench. A 3rd car can be parked in the back of the garage. Convenient laundry tub & washer & dryer hook-ups in the garage. Enjoy the water related activities and sandy beach at Marine Stadium just steps away. Bike or enjoy a healthy walk to fine dining, shopping & entertainment on Naples Island or 2nd Street in Belmont Shore. Your chance to live in one of the most desirable beach communities in Southern California.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2024
Closed on
Sep 20, 2024
Sold by
Cullen Madison
Bought by
Madison Cullen Trust and Cullen
Seller's Agent
Carleton Carlson
Re/Max R. E. Specialists
Buyer's Agent
Jason Schnitzer
ReMax Tiffany Real Estate
List Price
$12,555
Sold Price
$1,175,000
Premium/Discount to List
$1,162,445
9258.82%
Views
33
Current Estimated Value
$1,227,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,917
Avg. Annual Appreciation
2.96%
Original Mortgage
$675,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2024
Closed on
Aug 8, 2024
Sold by
Farber Rasmussen Patricia and Farber Patricia A
Bought by
Cullen Madison
Seller's Agent
Carleton Carlson
Re/Max R. E. Specialists
Buyer's Agent
Jason Schnitzer
ReMax Tiffany Real Estate
List Price
$12,555
Sold Price
$1,175,000
Premium/Discount to List
$1,162,445
9258.82%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2024
Closed on
Jun 17, 2024
Sold by
Stuart L Farber Trust and Farber Patricia A
Bought by
Rasmussen Patricia Farber and Farber Patricia Ann
Seller's Agent
Carleton Carlson
Re/Max R. E. Specialists
Buyer's Agent
Jason Schnitzer
ReMax Tiffany Real Estate
List Price
$12,555
Sold Price
$1,175,000
Premium/Discount to List
$1,162,445
9258.82%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2024
Sold by
Stuart L Farber Trust and Farber Patricia A
Bought by
Rasmussen Patricia Farber and Farber Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2016
Sold by
Farber Stuart L
Bought by
Farber Stuart L and Stuart L Farber Trust
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
Madison Cullen Trust -- None Listed On Document
Cullen Madison $1,175,000 Fidelity National Title
Rasmussen Patricia Farber -- None Listed On Document
Rasmussen Patricia Farber -- None Listed On Document
Farber Stuart L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cullen Madison $675,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2024 08/15/24 Sold $1,175,000 +9258.8% $1,306 / Sq Ft View Prior Sale
07/03/2024 07/03/24 For Sale $12,555 -- $14 / Sq Ft

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 $2,210 $1,175,000 $875,000 $300,000
2024 $2,210 $157,039 $110,863 $46,176
2023 $2,169 $153,961 $108,690 $45,271
2022 $2,042 $150,943 $106,559 $44,384
2021 $1,994 $147,984 $104,470 $43,514
2019 $1,964 $143,596 $101,372 $42,224
2018 $1,870 $140,782 $99,385 $41,397
2016 $1,719 $135,318 $95,527 $39,791
2015 $1,653 $133,287 $94,093 $39,194
2014 $1,647 $130,677 $92,250 $38,427
Source: Public Records

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