NOT LISTED FOR SALE
15 Beds
14 Baths
7,308 Sq Ft
6,155 Sq Ft Lot

Last Sold April 05, 2013

Last sale price $1,250,000 $171 Per Sq Ft

5 Days on Market

About This Home

As of April 2013

Belmont Heights, Newer Construction. Building consists of two stories over groundlevel parking. Great petential for a good cashflow, as the rents are low.

Last Agent to Sell the Property

Haley Larson

Estate Properties License #01866435 Listed on: 01/18/2013

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 6,155 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls

Parking

  • 12 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 7,308 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 14 Bathrooms

Laundry

  • Leased Washer and Dryer

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 1
  • Assessor Parcel Number 7254028010

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $696
  • Gardener Expense $1,100
  • Insurance Expense $2,485
  • Maintenance Expense $1,282
  • Professional Management Expense $4,000
  • Trash Expense $1,560
  • Water Sewer Expense $2,772
  • New Taxes Expense $15,000
  • Gross Income $8,315
  • Net Operating Income $67,955

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Parking

12

Listing Details

  • Professional Management Expense: 4000.00
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Subdivision Name Other: Belmont Heights (BH)
  • Water Sewer Expenses: 2772.00
  • Property Type: Residential Income
  • Gardener Expense: 1100.00
  • Parcel Number: 7254028010
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 171.05

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 12.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 1560.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 6155.00
  • Lot Size Acres: 0.1410

Multi Family

  • Average1 Bed Area: 800
  • Average2 Bed Area: 950
  • Electric Expense: 696.00
  • Gross Income: 8315.00
  • Gross Scheduled Income: 100080.00
  • Insurance Expense: 2485.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 6155.0000 Square Feet
  • Maintenance Expense: 1282.00
  • Net Operating Income: 67955.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 29123.00
  • Operating Expense Percent: 30.00
  • Rent Control: No
  • Total Actual Rent: 8315.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 15000.00
  • Tax Lot: 9
  • Tax Tract Number: 1
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2013 04/05/13 Sold $1,250,000 0.0% $171 / Sq Ft
01/23/2013 01/23/13 Pending -- -- --
01/18/2013 01/18/13 For Sale $1,250,000 -- $171 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $19,634 $1,539,273 $1,077,495 $461,778
2024 $19,634 $1,509,092 $1,056,368 $452,724
2023 $19,318 $1,479,503 $1,035,655 $443,848
2022 $18,140 $1,450,495 $1,015,349 $435,146
2021 $17,765 $1,422,055 $995,441 $426,614
2019 $17,513 $1,379,877 $965,916 $413,961
2018 $17,019 $1,352,822 $946,977 $405,845
2016 $15,606 $1,300,292 $910,205 $390,087
2015 $14,977 $1,280,761 $896,533 $384,228
2014 $14,903 $1,255,674 $878,972 $376,702
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV13007435

California Regional Multiple Listing Service (CRMLS)