NOT LISTED FOR SALE

Estimated Value: $1,186,000 - $1,551,000

3 Beds
3 Baths
1,650 Sq Ft
$851/Sq Ft Est. Value

Last Sold May 17, 2017

Last sale price $955,000 $579 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $9,011/month

10 Days on Market

Highlights

  • Wood Flooring
  • Living Room
  • Laundry Room
  • Fremont Elementary School Rated A
  • Recessed Lighting
  • Central Heating and Cooling System

About This Home

As of May 2017

Beautiful, timeless workmanship meets clean, modern design in this charming three-bedroom craftsman home in Belmont Heights. A delightful front porch beckons beyond the front door of 4034 E. Colorado Street. Original handsome hardwood floors and an array of windows usher in volumes of natural light. The open, flowing floor plan accentuates the spacious feel of this gorgeous home. The newly remodeled kitchen resonates modern design with striking quartz counters, pristine white cabinets, and Thermador appliances. The adjoining dining area flows into an expansive outdoor deck through connecting French doors. The bedrooms are beautifully painted with ample windows and gorgeous hardwood floors. The bathrooms seamlessly meld modern chic with the vintage architecture of the house. New plumbing through the home is another amazing feature. There is a studio apartment with a full, functioning kitchen and its own separate entrance – ideal as a rental property. The lush, enclosed back yard includes a stunning, roomy deck and ample grass area that is perfect for entertaining guests. There is more than enough room to enjoy outdoor dining and lounging. This amazing home also has a single car garage behind the house that can also be used for storage or as a work space. The long driveway to the side of the house also allows for multiple parking spaces.

Last Listed By

Jeff Anderson

eXp Realty of California Inc License #01729514 Listed on: 04/24/2017

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,842

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 5,205 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Turnkey

Interior Spaces

  • 1,650 Sq Ft Home
  • Recessed Lighting
  • Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 7255021011

Community Details

Overview

  • 2 Buildings

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,032
  • Gardener Expense $360
  • Insurance Expense $1,239
  • Trash Expense $1,056
  • New Taxes Expense $11,875
  • Operating Expense $15,562
  • Net Operating Income $1,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,842

Year Built

Built in 1920 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • View: No
  • Zoning: LBR1N
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 360.00
  • Parcel Number: 7255021011
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Price Per Square Foot: 578.79
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 1056.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5205.00

Multi Family

  • Electric Expense: 1032.00
  • Gross Scheduled Income: 49800.00
  • Insurance Expense: 1239.00
  • Net Operating Income: 1440.00
  • 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: 1
  • Operating Expense: 15562.00
  • Rent Control: No
  • Total Expenses: 15562.00

Tax Info

  • New Taxes Expense: 11875.00
  • Tax Census Tract: 5771.00
  • Tax Lot: 11
  • Tax Tract Number: 000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2017
Closed on
May 5, 2017
Sold by
Geithman Brett and Geithman Kristy
Bought by
Goode Ryan J and Goode Cristal D
Seller's Agent
Jeff Anderson
eXp Realty of California Inc
Buyer's Agent
Lynsey Russell
Keller Williams Pacific Estate
List Price
$950,000
Sold Price
$955,000
Premium/Discount to List
$5,000
0.53%
Total Days on Market
10
Current Estimated Value
$1,403,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$448,753
Avg. Annual Appreciation
4.91%

Purchase Details

Closed on
Mar 6, 2007
Sold by
Clark Stephen Christopher and The Kent Allen Mcguire Revocab
Bought by
Geithman Brett and Geithman Kristy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$631,200
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2006
Sold by
Mcguire Kent
Bought by
Mcguire Kent Allen and Kent Allen Mcguire Revocable T

Purchase Details

Closed on
Jun 16, 2004
Sold by
Phanthong Zimmermann Scott and Phanthong Mesomsub
Bought by
Mcguire Kent and Clark Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 11, 2000
Sold by
Bubar Barry G
Bought by
Phanthong Zimmermann Scott and Phanthong Mesomsub

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
8.01%

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
Goode Ryan J $955,000 First American Title
Geithman Brett $789,000 First American Title Co
Mcguire Kent Allen -- None Available
Mcguire Kent $755,000 Fidelity Long Beach
Phanthong Zimmermann Scott $350,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clark Stephen Christopher $631,200
Previous Owner Geithman Brett $78,800
Previous Owner Mcguire Kent $151,000
Previous Owner Mcguire Kent $604,000
Previous Owner Zimmermann Scott $360,000
Previous Owner Zimmermann Scott $82,400
Previous Owner Zimmerman Scott $280,000
Previous Owner Phanthong Zimmermann Scott $280,000
Closed Phanthong Zimmermann Scott $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2017 05/17/17 Sold $955,000 +0.5% $579 / Sq Ft
04/24/2017 04/24/17 For Sale $950,000 -- $576 / 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 $13,842 $1,086,622 $762,343 $324,279
2023 $13,610 $1,065,317 $747,396 $317,921
2022 $12,766 $1,044,430 $732,742 $311,688
2021 $12,521 $1,023,952 $718,375 $305,577
2019 $12,340 $993,582 $697,068 $296,514
2018 $12,000 $974,100 $683,400 $290,700
2016 $10,622 $892,961 $679,061 $213,900
2015 $10,188 $879,549 $668,861 $210,688
2014 $10,112 $862,320 $655,759 $206,561
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17094485

California Regional Multiple Listing Service (CRMLS)

APN: 7255-021-011