NOT LISTED FOR SALE

Estimated Value: $1,715,000 - $2,024,000

4 Beds
2 Baths
2,530 Sq Ft
$743/Sq Ft Est. Value

Last Sold April 27, 2012

Last sale price $845,000 $334 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $11,670/month

118 Days on Market

Highlights

  • Ocean View
  • Colonial Architecture
  • Corner Lot
  • Woodrow Wilson High School Rated A
  • Wood Flooring
  • Balcony

About This Home

As of April 2012

Incredible well maintained 1922 Colonial Revival style duplex. It doesn't get any better than this! Just steps to the beach and located in the beautiful Belmont Heights neighborhood. Originally built as a single family home in 1922, this home was converted to a legal duplex in 1955. It features refinished original hardwood floors, updated kitchens and baths, freshly painted exterior and a newer roof. The lower unit is 2 bedrooms and 1.5 baths with a huge eat-in kitchen and period tiled fireplace. This unit also has central heating and air- conditioning. The larger owners unit upstairs has a huge living room with ocean views from the balcony, original hardwood floors, 2 large bedrooms and a large remodeled bath. The remodeled kitchen has granite counters and a large bay window over the sink. The attic area has been remodeled and permitted as a playroom and storage area. There is also a full 2 car detached garage and lovely brick courtyard in the rear yard. Hurry on this one!

Last Agent to Sell the Property

Kevin Poi

RE/MAX College Park Realty License #01319729 Listed on: 10/13/2011

RE/MAX College Park Realty

Co-Listed By

Brian Magpantay

RE/MAX College Park Realty License #01775848

Last Buyer's Agent

Ariel Felix

Keller Williams Coastal Prop. License #01875830

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,378

Year Built

  • Built in 1922

Lot Details

  • 4,785 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage
  • Parking Available

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Composition Roof
  • Clapboard

Interior Spaces

  • 2,530 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • Recessed Lighting
  • French Mullion Window
  • Bay Window
  • French Doors
  • Entrance Foyer
  • Center Hall
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Range
  • Microwave

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 7 / 40
  • Tax Tract Number 5772
  • Assessor Parcel Number 7256004014

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $100
  • New Taxes Expense $10,862
  • Gross Income $3,665

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,378

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • View: Yes
  • Architectural Style: Colonial
  • Property Type: Residential Income
  • Gardener Expense: 100.00
  • Parcel Number: 7256004014
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features, Balcony, Crown Molding, Recessed Lighting
  • Flooring: Wood
  • Appliances: Yes
  • Door Features: French Doors
  • Levels: Two
  • Price Per Square Foot: 333.99
  • Room Type: Center Hall, Foyer
  • Window Features: Bay Window(s), French/Mullioned

Exterior Features

  • View: Ocean, Peek-A-Boo
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Clapboard

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Free Standing, Gas Cooking, Microwave, Range
  • Heating Type: Forced Air
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 4785.00
  • Lot Size Acres: 0.1100

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 3665.00
  • Gross Multiplier: 19.77
  • Gross Scheduled Income: 43960.00
  • Lot Size Area: 4785.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Refrigerator: 1

Tax Info

  • New Taxes Expense: 10862.00
  • Tax Area: 5500
  • Tax Block: 40
  • Tax Lot: 7
  • Tax Tract Number: 5772

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2017
Sold by
Heiman Thomas D
Bought by
Heiman Thomas D and Thomas D Heiman 2017 Trust
Current Estimated Value
$1,879,773

Purchase Details

Closed on
Feb 13, 2012
Sold by
Steele Paula
Bought by
Heiman Thomas D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,750
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2010
Sold by
Mathis Bruce A
Bought by
Steele Paula and Bruce A Mathis Revocable Trust

Purchase Details

Closed on
Oct 1, 2008
Sold by
Mathis Bruce A
Bought by
Mathis Bruce A and Bruce A Mathis Revocable Trust

Purchase Details

Closed on
Aug 30, 2000
Sold by
Living Trust Montgomery, Roger R And Mathis,
Bought by
Montgomery Roger R and Mathis Bruce A

Purchase Details

Closed on
Jan 10, 2000
Sold by
Montgomery Roger R
Bought by
Mathis Bruce A and Montgomery Roger R
Source: Public Records

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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
Heiman Thomas D -- None Available
Heiman Thomas D $845,000 Lawyers Title
Steele Paula -- None Available
Mathis Bruce A -- None Available
Montgomery Roger R -- --
Mathis Bruce A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heiman Thomas D $524,000
Previous Owner Heiman Thomas D $633,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2012 04/27/12 Sold $845,000 -2.8% $334 / Sq Ft
02/08/2012 02/08/12 Pending -- -- --
10/13/2011 10/13/11 For Sale $869,000 -- $343 / 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
2024 $14,378 $1,121,215 $800,422 $320,793
2023 $14,139 $1,099,231 $784,728 $314,503
2022 $13,265 $1,077,679 $769,342 $308,337
2021 $13,000 $1,056,549 $754,257 $302,292
2019 $12,812 $1,025,474 $731,887 $293,587
2018 $12,476 $1,005,373 $717,537 $287,836
2016 $11,462 $966,085 $689,675 $276,410
2015 $10,996 $951,575 $679,316 $272,259
2014 $10,911 $932,936 $666,010 $266,926
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P799841

California Regional Multiple Listing Service (CRMLS)

APN: 7256-004-014