NOT LISTED FOR SALE

Estimated Value: $1,563,000 - $2,017,835

5 Beds
3 Baths
2,992 Sq Ft
$586/Sq Ft Est. Value

Last Sold April 20, 2017

Last sale price $1,245,000 $416 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $10,667/month

12 Days on Market

Highlights

  • Open Floorplan
  • Mountain View
  • Wood Flooring
  • Fremont Elementary School Rated A
  • Contemporary Architecture
  • Living Room with Attached Deck

About This Home

As of April 2017

Rare Mid-Century Duplex situated on full lot in a premier Belmont Heights location, this amazing property has so much to offer. The upper 3 bed 2 bath unit features abundant natural light, hardwood floors, living room with fireplace & sliding door access to a fantastic deck. The kitchen is upgraded with black granite tile and newer cabinetry while the enormous master suite with ¾ bath offers an awesome deck as well. The lower 2 bed 1 bath is light & bright, offering a cheerful updated kitchen, 2 large bedrooms, a full bath and wonderful living room with fireplace and glass doors to the immense grassy back yard. Other amenities include central heat in each unit, newer vinyl windows throughout & two single car garages with a spacious driveway. Walk to the Colorado Lagoon, Marine Stadium, Marina Vista Park, golf & unique shopping & eateries in Belmont Shore. Perfect for an investor or owner occupied use.

Last Agent to Sell the Property

Sue La Bounty

First Team Real Estate License #01161648 Listed on: 02/24/2017

First Team Real Estate

Last Buyer's Agent

Sue La Bounty

First Team Real Estate License #01161648 Listed on: 02/24/2017

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 6,757 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Property Attached

Interior Spaces

  • 2,992 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Living Room with Fireplace
  • Living Room with Attached Deck

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Balcony
  • Exterior Lighting

Additional Features

  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Tax Lot 214
  • Tax Tract Number 5727
  • Assessor Parcel Number 7250016023

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $67,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Belmont Heights (BH)
  • View: Yes
  • Zoning: LBR1N
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 7250016023
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Ceiling Fan(s), Living Room Deck Attached, Open Floorplan
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 416.11

Exterior Features

  • View: Mountain(s), Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6757.00

Multi Family

  • Average2 Bed Area: 1350 Square Feet
  • Average3 Bed Area: 1650 Square Feet
  • Gross Income: 67200.00
  • Gross Scheduled Income: 67200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5776.03
  • Tax Lot: 214
  • Tax Tract Number: 5727

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2017
Closed on
Mar 13, 2017
Sold by
Bottano Ronald R
Bought by
Kinsling Craig C
Seller's Agent
Sue La Bounty
First Team Real Estate
Buyer's Agent
Sue La Bounty
First Team Real Estate
List Price
$1,268,000
Sold Price
$1,245,000
Premium/Discount to List
-$23,000
-1.81%
Current Estimated Value
$1,752,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$507,709
Avg. Annual Appreciation
4.00%

Purchase Details

Closed on
Oct 14, 2004
Sold by
El Farghali Hamdi H
Bought by
Bottano Ronald R and Bottano Sherri M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,575
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2002
Sold by
Koong Millie H
Bought by
Elfarghali Hamdi H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,250
Interest Rate
8.12%

Purchase Details

Closed on
Feb 4, 2002
Sold by
Cook Adriana Lopez
Bought by
Elfarghali Hamdi H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,250
Interest Rate
8.12%

Purchase Details

Closed on
Feb 24, 1997
Sold by
Mercier Jay A
Bought by
Ramirez Diego and Cook Adriana Lopez

Purchase Details

Closed on
Nov 5, 1996
Sold by
Ramirez Jonita Vivian
Bought by
Ramirez Diego

Purchase Details

Closed on
Nov 4, 1996
Sold by
Cook Jeffrey R
Bought by
Cook Adriana Lopez
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kinsling Craig C $1,245,000 Ticor Title Co
Bottano Ronald R $985,500 Fidelity National Title Comp
Elfarghali Hamdi H -- Old Republic Title
Elfarghali Hamdi H -- Old Republic Title
Elfarghali Hamdi H $575,000 Old Republic Title
Elfarghali Hamdi H $575,000 Old Republic Title
Ramirez Diego -- Commonwealth Land Title Co
Mercier Jay A -- Commonwealth Land Title Co
Ramirez Diego -- Commonwealth Land Title Co
Cook Adriana Lopez -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bottano Ronald R $640,575
Previous Owner Elfarghali Hamdi H $431,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2017 04/20/17 Sold $1,245,000 -1.8% $416 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
02/24/2017 02/24/17 For Sale $1,268,000 -- $424 / 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 $18,141 $1,444,923 $1,009,706 $435,217
2024 $18,141 $1,416,592 $989,908 $426,684
2023 $17,842 $1,388,817 $970,499 $418,318
2022 $16,738 $1,361,586 $951,470 $410,116
2021 $16,413 $1,334,889 $932,814 $402,075
2020 $16,370 $1,321,203 $923,250 $397,953
2019 $16,179 $1,295,298 $905,148 $390,150
2018 $15,756 $1,269,900 $887,400 $382,500
2016 $11,936 $1,000,000 $659,100 $340,900
2015 $11,620 $1,000,000 $659,100 $340,900
2014 $10,902 $925,000 $609,700 $315,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17038641

California Regional Multiple Listing Service (CRMLS)

APN: 7250-016-023