$870,000
SOLD APR 9, 2021
4 Beds
2 Baths
1,582 Sq Ft
4,725 Sq Ft Lot

Recently Sold

$550 Per Sq Ft

2% Above List Price

2 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • No HOA
  • Woodrow Wilson High School Rated A
  • Lawn
  • Two Homes on a Lot

About This Home

As of August 2021

Rare Belmont Heights 2 houses on 1 lot! 3521 & 3523 East 3rd Street. Rear unit (3523) built in 1913 and has 766 sq.ft, front unit (3521) built in 1952 and has 816 sq. ft. Each home has a private 1 car garage with laundry hook-ups. Rear unit has a grassy backyard. Lots of off-street parking. This diamond-in-the-rough could be renovated to be nice, and the property is close to transportation, schools, shopping and restaurants.

Last Agent to Sell the Property

Janie Sullivan

Coldwell Banker Realty License #1060083 Listed on: 03/05/2021

Coldwell Banker Realty

Last Buyer's Agent

Kathy Shasha

Coldwell Banker Realty License #00911654

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,775

Year Built

  • Built in 1913

Lot Details

  • 4,725 Sq Ft Lot
  • No Common Walls
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Bungalow
  • Raised Foundation
  • Composition Roof
  • Shingle Siding
  • Stucco

Interior Spaces

  • 1,582 Sq Ft Home
  • Wood Flooring

Kitchen

  • Gas Range
  • Tile Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Floor Furnace
  • Overhead Utilities
  • Natural Gas Connected

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 24 / 5
  • Assessor Parcel Number 7257017026

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Belmont Heights Subdivision

Recreation

  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 2 Separate Water Meters
  • New Taxes Expense $10,625
  • Operating Expense $10,625

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,775

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Belmont Heights (BH)
  • Zoning: LBR1N
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 7257017026
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 549.94

Exterior Features

  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Shingle Siding, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Floor Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Near Public Transit, Utilities - Overhead
  • Lot Size Sq Ft: 4725.00
  • Lot Size Acres: 0.1085

Multi Family

  • Lot Size Area: 4725.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number Wall A C: 1
  • Number With Range: 2
  • Number With Refrigerator: 1
  • Rent Control: No
  • Total Expenses: 10625.00

Tax Info

  • New Taxes Expense: 10625.00
  • Tax Block: 5
  • Tax Census Tract: 5771.00
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Oct 2, 2021
Sold by
Weiland Ian
Bought by
Weiland Ian and Rahimi Maryam
Seller's Agent
Kathy Shasha
Coldwell Banker Realty
Buyer's Agent
Tom Schick
Realty Source, Inc
List Price
$1,100,000
Sold Price
$1,108,125
Premium/Discount to List
$8,125
0.74%
Current Estimated Value
$1,310,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,785
Avg. Annual Appreciation
5.17%

Purchase Details

Listed on
Jun 25, 2021
Closed on
Aug 18, 2021
Sold by
Rahimi Maryam
Bought by
Weiland Ian
Seller's Agent
Kathy Shasha
Coldwell Banker Realty
Buyer's Agent
Tom Schick
Realty Source, Inc
List Price
$1,100,000
Sold Price
$1,108,125
Premium/Discount to List
$8,125
0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,687
Outstanding Balance
$704,764
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$657,194

Purchase Details

Listed on
Jun 25, 2021
Closed on
Jul 12, 2021
Sold by
Schwendener Alan E and Schwendener Christine R
Bought by
Weiland Ian
Seller's Agent
Kathy Shasha
Coldwell Banker Realty
Buyer's Agent
Tom Schick
Realty Source, Inc
List Price
$1,100,000
Sold Price
$1,108,125
Premium/Discount to List
$8,125
0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,687
Outstanding Balance
$704,764
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$657,194

Purchase Details

Listed on
Mar 5, 2021
Closed on
Mar 12, 2021
Sold by
Sjelin Family Living Trust and Sjelin Steven B
Bought by
Schwendener Living Trust and Schwendener
Seller's Agent
Janie Sullivan
Coldwell Banker Realty
Buyer's Agent
Kathy Shasha
Coldwell Banker Realty
List Price
$850,000
Sold Price
$870,000
Premium/Discount to List
$20,000
2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
95.82%
Original Mortgage
$400,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 1999
Sold by
Sjelin Robert E and Sjelin Betty L
Bought by
Sjelin Robert E and Sjelin Betty Lou
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Orange Coast Title
Grant Deed $1,108,500 Orange Coast Title Company
Grant Deed $870,000 Orange Coast Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $775,687 New Conventional
Previous Owner $400,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $1,108,125 +0.7% $700 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $1,100,000 +26.4% $695 / Sq Ft
04/09/2021 04/09/21 Sold $870,000 +2.4% $550 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $850,000 -- $537 / 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 $14,775 $1,175,943 $764,069 $411,874
2024 $14,775 $1,152,887 $749,088 $403,799
2023 $14,530 $1,130,282 $734,400 $395,882
2022 $13,631 $1,108,120 $720,000 $388,120
2021 $1,035 $57,694 $41,187 $16,507
2020 $1,031 $57,103 $40,765 $16,338
2019 $1,018 $55,984 $39,966 $16,018
2018 $913 $54,887 $39,183 $15,704
2016 $833 $52,758 $37,662 $15,096
2015 $806 $51,967 $37,097 $14,870
2014 $813 $50,950 $36,371 $14,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21045191

California Regional Multiple Listing Service (CRMLS)

APN: 7257-017-026