NOT LISTED FOR SALE

Estimated Value: $1,416,000 - $1,671,710

4 Beds
3 Baths
2,076 Sq Ft
$725/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $1,400,000 $674 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $9,374/month

14 Days on Market

Highlights

  • Wood Flooring
  • Private Yard
  • Park
  • Fremont Elementary School Rated A
  • No HOA
  • Laundry Room

About This Home

As of August 2023

Golden Opportunity in Belmont Heights! Property boasts two homes on a single lot. Live in one lovely historic Craftsman and have a tenant in the other or consider this as residential income property. This rare property also has the space and possibility of adding an additional income producing ADU where the garages are currently constructed.
3729 E 5th is a 1124sf bungalow 2 bedroom/2 bathroom. Craftsman style property has hardwood floors, vaulted ceilings with fans, plenty of closet space and storage. Separate Washer/ Dryer in storage shed. Back and side yard with lots of potential.
3735 E 5th is the gorgeous front property with mature trees framing a 2 bedroom/1 bathroom bungalow with an updated kitchen, hardwood floors, and ceiling fans. Large Storage space with an enclosed rear yard. Washer/ dryer hookups inside off the kitchen. Long driveway and street parking.
Ideally located near Fremont Elementary School, cafes and shops.

Last Agent to Sell the Property

Mark Witte

eXp Realty of California Inc Brokerage Phone: 775-815-6245 License #02102425 Listed on: 07/09/2023

eXp Realty of California Inc

Co-Listed By

Timothy Stafford

eXp Realty of California Inc Brokerage Phone: 775-815-6245 License #01357133

Last Buyer's Agent

Lisa Bolanos

The Agency License #01846120

The Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913 | Remodeled

Lot Details

  • 6,747 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Driveway
  • On-Street Parking

Home Design

  • Duplex
  • Entry on the 1st floor
  • Asphalt Roof

Interior Spaces

  • 2,076 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Utilities

  • Wall Furnace
  • Gas Water Heater

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 5
  • Assessor Parcel Number 7255001018

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Recreation

  • Park

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Trash Expense $50
  • Water Sewer Expense $100
  • Operating Expense $150

Property Details

Home Type

Multi-Family

Year Built

Built in 1913 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 100.00
  • Zoning: R2
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7255001018
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 674.37
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Driveway, Street
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 50.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Storm Drains, Street Lights, Suburban

Lot Info

  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Yard
  • Lot Size Sq Ft: 6747.00
  • Lot Size Acres: 0.1549

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Lease Term: Month To Month
  • Lot Size Area: 6747.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 2800.00
  • Total Expenses: 150.00

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2001
Sold by
Arnold Julian L and Arnold Diane E
Bought by
Lawson Michael R and Lawson Kolleen A
Current Estimated Value
$1,504,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Outstanding Balance
$124,978
Interest Rate
7.14%
Estimated Equity
$1,379,200

Purchase Details

Closed on
Apr 24, 2001
Sold by
Arnold Julian L and Arnold Diane E
Bought by
Arnold Julian L and Arnold Diane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Outstanding Balance
$124,978
Interest Rate
7.14%
Estimated Equity
$1,379,200

Purchase Details

Closed on
Jun 16, 1995
Sold by
Hanewinckel Margaret E
Bought by
Arnold Julian L and Arnold Diane E

Purchase Details

Closed on
Sep 16, 1994
Sold by
Reminger Mark and Reminger Linda
Bought by
Hanewinckel Margaret E
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
Lawson Michael R $415,000 Commonwealth Title
Arnold Julian L -- --
Arnold Julian L $139,363 --
Hanewinckel Margaret E $142,988 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawson Michael R $332,000
Closed Lawson Michael R $189,196
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2023 08/17/23 Sold $1,400,000 +0.7% $674 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $1,390,000 0.0% $670 / Sq Ft
06/07/2019 06/07/19 Rented $3,000 0.0% --
06/07/2019 06/07/19 Under Contract -- -- --
05/28/2019 05/28/19 For Rent $3,000 0.0% --
03/20/2017 03/20/17 Rented $3,000 0.0% --
02/20/2017 02/20/17 Under Contract -- -- --
02/05/2017 02/05/17 For Rent $3,000 -- --
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 $17,931 $1,428,000 $918,000 $510,000
2024 $17,931 $1,400,000 $900,000 $500,000
2023 $8,210 $622,059 $424,353 $197,706
2022 $7,713 $609,863 $416,033 $193,830
2021 $7,556 $597,906 $407,876 $190,030
2020 $7,535 $591,776 $403,694 $188,082
2019 $7,447 $580,174 $395,779 $184,395
2018 $7,155 $568,799 $388,019 $180,780
2016 $6,575 $546,713 $372,952 $173,761
2015 $6,310 $538,501 $367,350 $171,151
2014 $6,268 $527,954 $360,155 $167,799
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23122144

California Regional Multiple Listing Service (CRMLS)

APN: 7255-001-018