NOT LISTED FOR SALE

Estimated Value: $1,722,000 - $2,050,000

4 Beds
4 Baths
3,570 Sq Ft
$515/Sq Ft Est. Value

Last Sold October 01, 2014

Last sale price $942,500 $264 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $10,972/month

15 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Floor Furnace
  • Woodrow Wilson High School Rated A
  • Laundry Room

About This Home

As of October 2014

Centrally located fourplex located in Belmont Heights. Two units have been completely remodeled with new laminate wood flooring, new paint, new fixtures, carpet, ceiling fans, tile in the Kitchen & bathrooms, vanity in the bathroom and granite countertops in one unit. The other two units are well kept with original hardwood flooring, tile countertops and carpet. The unit features parking in the rear, as well as a coin laundry & dryer in the back with keyed access. Each unit has it's own water heater as well.

Last Agent to Sell the Property

Leslie Wilson

RE/MAX INNOVATIONS License #01490787 Listed on: 08/04/2014

RE/MAX INNOVATIONS

Last Buyer's Agent

Tom Nickl

Estate Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 5,161 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Interior Spaces

  • 3,570 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 5 Parking Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Floor Furnace
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 15
  • Tax Tract Number 5772
  • Assessor Parcel Number 7264001046

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,800
  • Water Sewer Expense $1,200
  • New Taxes Expense $10,440
  • Gross Income $5,100
  • Net Operating Income $46,560

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Belmont Heights (BH)
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7264001046
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Tile, Wood
  • Levels: Two
  • Price Per Square Foot: 264.01

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5161.00
  • Lot Size Acres: 0.1180

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 5100.00
  • Gross Scheduled Income: 61200.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 5161.0000 Square Feet
  • Net Operating Income: 46560.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 14640.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 10440.00
  • Tax Lot: 15
  • Tax Tract Number: 5772
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2014
Closed on
Sep 30, 2014
Sold by
Tidus Michael L and Zeidler Amy T
Bought by
1212 T Llc
Seller's Agent
Leslie Wilson
RE/MAX INNOVATIONS
Buyer's Agent
Tom Nickl
Estate Properties
List Price
$949,900
Sold Price
$942,500
Premium/Discount to List
-$7,400
-0.78%
Current Estimated Value
$1,837,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$894,500
Avg. Annual Appreciation
6.07%
Original Mortgage
$659,750
Outstanding Balance
$505,235
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$1,331,765

Purchase Details

Listed on
Aug 4, 2014
Closed on
Aug 21, 2014
Sold by
Inland Empire Investment Fund Llc
Bought by
Tidus Michael L and Zeidler Amy T
Seller's Agent
Leslie Wilson
RE/MAX INNOVATIONS
Buyer's Agent
Tom Nickl
Estate Properties
List Price
$949,900
Sold Price
$942,500
Premium/Discount to List
-$7,400
-0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$659,750
Outstanding Balance
$505,235
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$1,331,765

Purchase Details

Closed on
Dec 20, 2013
Sold by
Pawar Sheela
Bought by
Inland Empire Investment Fund Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,300
Interest Rate
4.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2006
Sold by
Bartlow Andrew
Bought by
Pawar Sheela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,000
Interest Rate
2.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 1, 2005
Sold by
Jackert Lisa and Gonzalez Andrew
Bought by
Bartlow Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$895,200
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2002
Sold by
King Dennis and King Lisa
Bought by
Gonzalez Andrew and Jackert Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
6.29%

Purchase Details

Closed on
Aug 9, 2001
Sold by
Grant S Kathryn
Bought by
King Dennis and King Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.25%

Purchase Details

Closed on
Jul 8, 1996
Sold by
Lolis Haris and Lolis Monika Rapti
Bought by
Grant S Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,901
Interest Rate
8.33%
Mortgage Type
FHA
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
1212 T Llc -- None Available
Zeidler Amy T -- Fnt
Tidus Michael L -- Fnt
Tidus Michael L $942,500 Fnt
Inland Empire Investment Fund Llc $599,000 Fntic-Ie
Pawar Sheela $1,295,000 First American Title Co
Bartlow Andrew $1,119,000 Fidelity National Title Co
Gonzalez Andrew $620,000 Chicago Title Co
King Dennis $540,000 Equity Title
Grant S Kathryn $210,000 South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeidler Amy T $659,750
Previous Owner Inland Empire Investment Fund Llc $419,300
Previous Owner Pawar Sheela $995,000
Previous Owner Bartlow Andrew $895,200
Previous Owner Gonzalez Andrew $485,000
Previous Owner King Dennis $450,000
Previous Owner Grant S Kathryn $202,901
Closed Bartlow Andrew $110,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2014 10/01/14 Sold $942,500 -0.8% $264 / Sq Ft
08/18/2014 08/18/14 Pending -- -- --
08/03/2014 08/03/14 For Sale $949,900 +58.6% $266 / Sq Ft
03/13/2014 03/13/14 Sold $599,000 +2.4% $168 / Sq Ft View Prior Sale
12/11/2013 12/11/13 Pending -- -- --
12/09/2013 12/09/13 For Sale $585,000 -- $164 / Sq Ft
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 $14,670 $1,132,733 $841,290 $291,443
2024 $14,670 $1,110,524 $824,795 $285,729
2023 $14,422 $1,088,750 $808,623 $280,127
2022 $13,542 $1,067,403 $792,768 $274,635
2021 $13,265 $1,046,474 $777,224 $269,250
2019 $13,076 $1,015,437 $754,172 $261,265
2018 $12,701 $995,528 $739,385 $256,143
2016 $11,679 $956,873 $710,675 $246,198
2015 $11,211 $942,500 $700,000 $242,500
2014 -- $1,060,000 $600,000 $460,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14165122

California Regional Multiple Listing Service (CRMLS)

APN: 7264-001-046