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

Sale Details

Date Sold: April 5, 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

General NONMEMBER

NONMEMBER MRML

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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

6,155 Sq Ft Lot

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2014
Sold by
Bought by

Purchase Details

Listed on
Jan 18, 2013
Closed on
Mar 1, 2013
Sold by
Bought by
Seller's Agent
Haley Larson
Estate Properties
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
3.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
3.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 22, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
3.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 8, 2006
Sold by
Bought by

Purchase Details

Closed on
May 12, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$785,000
Interest Rate
5.58%
Mortgage Type
Commercial

Purchase Details

Closed on
May 4, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$785,000
Interest Rate
5.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 6, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
5.62%
Mortgage Type
Commercial

Purchase Details

Closed on
May 29, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
6.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 5, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,013
Interest Rate
8.15%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 2, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,013
Interest Rate
8.15%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 9, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,375
Interest Rate
8.26%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 26, 1995
Sold by
Bought by

Purchase Details

Closed on
Apr 17, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Belmont Heights, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Usa National Title Company
$1,250,000 Usa National Title Co
-- Usa National Title Co
-- Chicago Title Company
$295,000 Accommodation
-- Lawyers Title
-- --
$1,410,000 Commonwealth Title
$1,100,000 Commonwealth Land Title Co
$879,000 Lawyers Title Company
$56,500 --
-- --
$415,000 Lawyers Title Company
-- Stewart Title
-- Stewart Title
$268,400 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,930,000
Closed $1,695,000
Previous Owner $937,500
Previous Owner $937,500
Previous Owner $28,750
Previous Owner $785,000
Previous Owner $775,000
Previous Owner $620,000
Previous Owner $56,013
Previous Owner $309,375
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $20,560 $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)
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