NOT LISTED FOR SALE

Estimated Value: $1,581,000 - $1,701,280

5 Beds
5 Baths
2,714 Sq Ft
$601/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $1,600,000 $590 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $9,599/month

17 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • No HOA
  • Fremont Elementary School Rated A
  • Quartz Countertops
  • Neighborhood Views

About This Home

As of July 2024

This gorgeous Belmont Heights duplex is the perfect investment opportunity! Built in 2017, this property is incredibly low-maintenance for an owner-occupant or investor alike. With soaring 12-foot vaulted ceilings and an open-concept living space leading to a private back yard, the spacious 3 bedroom, 2.5 bathroom front house is incredibly desirable. A primary suite with walk-in closet and dual-vanity primary bathroom also has outdoor access. A remodeled kitchen and bathrooms complete the turnkey front residence. The back unit features an open-concept eat-in kitchen, spacious living area, 2 large bedrooms, 1.5 bathrooms, a private gated entry, and private back yard. Both units boast private indoor laundry, tankless water heaters, upgraded electrical and plumbing, and a new roof in 2017. Beautiful pavers adorn the 3-car driveway and front walkway and patio spaces, while a custom concrete path and new vinyl fencing lead to the back unit. Front and back yards feature artificial turf and new landscaping, including an herb garden belonging to the back unit. Located on a quiet tree-lined street south of 4th Street and walking distance to Belmont Heights shopping and dining. This property is also close to Colorado Lagoon, CSULB, lively 2nd Street/Belmont Shore amenities and highly-rated Fremont Elementary School.

Last Agent to Sell the Property

Jennifer Rohdenburg

Jennifer Rohdenburg, Broker Brokerage Phone: 949-300-8509 License #01849181 Listed on: 05/29/2024

Co-Listed By

Brittany Thomason

Jennifer Rohdenburg, Broker Brokerage Phone: 949-300-8509 License #02094229

Last Buyer's Agent

Christy Di Leo

Compass License #01797896

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,843

Year Built

  • Built in 2017 | Remodeled

Lot Details

  • 5,959 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Level Lot
  • Back and Front Yard

Home Design

  • Duplex
  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 2,714 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Double Pane Windows
  • Separate Family Room
  • Living Room
  • Neighborhood Views
  • Fire Sprinkler System
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Quartz Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • 5 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Suburban Location

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 8
  • Tax Tract Number 5771
  • Assessor Parcel Number 7255003010
  • $540 per year additional tax assessments

Community Details

Overview

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

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $2,741
  • Operating Expense $2,741
  • Net Operating Income $86,059

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,843

Year Built

Built in 2017 | Remodeled

Lot Details

0

Listing Details

  • Price Per Unit: 762500
  • Property Attached: No
  • Security: Fire Sprinkler System
  • Subdivision Name Other: Belmont Heights (BH)
  • View: Yes
  • Zoning: LBR1N
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7255003010
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Open Floorplan, Quartz Counters, Recessed Lighting
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 589.54
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Primary Suite, Separate Family Room
  • Window Features: Double Pane Windows

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Refrigerator, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Rectangular Lot, Level
  • Lot Size Sq Ft: 5959.00
  • Lot Size Acres: 0.1368
  • Latitude Manual: 33.77106300

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average2 Bed Area: 828 Square Feet
  • Average3 Bed Area: 1886 Square Feet
  • Gross Scheduled Income: 90000.00
  • Insurance Expense: 2741.00
  • Lot Size Area: 5959.0000 Square Feet
  • Net Operating Income: 86059.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 3941.00
  • Rent Control: No
  • Total Expenses: 2741.00

Tax Info

  • Tax Census Tract: 5771.00
  • Tax Lot: 8
  • Tax Tract Number: 5771
  • TaxOtherAnnualAssessmentAmount: 540.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Jun 28, 2024
Sold by
Rohdenburg Properties Inc
Bought by
Peternell Loye Elizabeth and Molioo Tsutomu
Seller's Agent
Jennifer Rohdenburg
Jennifer Rohdenburg, Broker
Buyer's Agent
Christy Di Leo
Compass
List Price
$1,525,000
Sold Price
$1,600,000
Premium/Discount to List
$75,000
4.92%
Views
16
Current Estimated Value
$1,630,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,820
Avg. Annual Appreciation
2.29%
Original Mortgage
$981,500
Outstanding Balance
$970,542
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$674,337

Purchase Details

Listed on
Feb 27, 2024
Closed on
Mar 22, 2024
Sold by
Dorn Carl and Dorn Roslyn H
Bought by
Rohdenburg Properties Inc
Seller's Agent
Robert Stepp
Keller Williams Realty Downey
Buyer's Agent
Jennifer Rohdenburg
Jennifer Rohdenburg, Broker
List Price
$1,400,000
Sold Price
$1,350,000
Premium/Discount to List
-$50,000
-3.57%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
116.47%
Original Mortgage
$750,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 26, 2016
Closed on
Jun 2, 2016
Sold by
Zimmerman Maria Sonia
Bought by
Dorn Carl and Dorn Roslyn H
Seller's Agent
Melba Conde
Vylla Home, Inc.
Buyer's Agent
Melba Conde
Vylla Home, Inc.
List Price
$599,000
Sold Price
$585,000
Premium/Discount to List
-$14,000
-2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.36%
Original Mortgage
$417,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2014
Sold by
Edwards Terry Allan
Bought by
Edwards Terry Allan and Zimmerman Maria Sonia
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 Buyer Sale Price Title Company
Peternell Loye Elizabeth $1,600,000 Old Republic Title Company
Rohdenburg Properties Inc $1,350,000 Old Republic Title
Dorn Carl $585,000 Ticor Title Company
Edwards Terry Allan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peternell Loye Elizabeth $981,500
Previous Owner Rohdenburg Properties Inc $750,000
Previous Owner Dorn Carl $389,000
Previous Owner Dorn Carl $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $1,600,000 +4.9% $590 / Sq Ft
06/15/2024 06/15/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $1,525,000 +13.0% $562 / Sq Ft
04/12/2024 04/12/24 Sold $1,350,000 -3.6% $497 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $1,400,000 +139.3% $516 / Sq Ft
07/08/2016 07/08/16 Sold $585,000 -2.3% $570 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $599,000 0.0% $584 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $599,000 -- $584 / 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 $11,843 $1,600,000 $900,000 $700,000
2024 $11,843 $910,481 $532,502 $377,979
2023 $11,647 $892,629 $522,061 $370,568
2022 $10,932 $875,127 $511,825 $363,302
2021 $10,714 $857,969 $501,790 $356,179
2020 $10,686 $849,172 $496,645 $352,527
2019 $13,286 $608,633 $486,907 $121,726
2018 $7,510 $596,700 $477,360 $119,340
2016 $6,693 $564,115 $450,964 $113,151
2015 $6,420 $555,643 $444,191 $111,452
2014 $911 $64,465 $41,975 $22,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24108254

California Regional Multiple Listing Service (CRMLS)

APN: 7255-003-010