NOT LISTED FOR SALE

Estimated Value: $1,628,000 - $1,903,000

6 Beds
4 Baths
3,295 Sq Ft
$547/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $1,450,000 $440 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $11,782/month

29 Days on Market

Highlights

  • Property is near a park
  • Wood Flooring
  • No HOA
  • Fremont Elementary School Rated A
  • Private Yard
  • 2 Car Direct Access Garage

About This Home

As of June 2021

Triplex - Front house (#4228) is a HUGE (1,865 Sq.Ft.) 3 Br 2 Bath; including Upgraded Kitchen with Bamboo floors, Caesar stone counters, Custom Zebrawood cabinets, Bisazza tile wall . Great room features Bay window and French doors to private Courtyard, Fireplace and Beamed ceiling. Primary bedroom with en suite bathroom and French doors to private courtyard. Also, Hardwood flooring, Central Air Conditioning, Forced Air Heating, Dual pane windows, Laundry (stack washer/dryer) in kitchen. Appliances include high end stove, range hood, refrigerator, dishwasher! Rear there is an upstairs large (990 Sq.Ft.) light-filled 2 Br with separate dining area, Dishwasher, stove and refrigerator. Lower unit is a 1 Br. There are 2 Garages off the alley on a full size lot. Beautiful Paver walk-way from front to rear! Front house has own laundry, back units share a common laundry room. Great opportunity to live in Belmont Heights with help from tenants to pay the mortgage.

Last Agent to Sell the Property

Mark Kachigan

Pabst, Kinney & Associates License #00644779 Listed on: 04/14/2021

Last Buyer's Agent

Leisha Williams

Real Estate Network Financial License #01122869

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,873

Year Built

  • Built in 1934

Lot Details

  • 6,541 Sq Ft Lot
  • Lot Dimensions are 50 x 131
  • Property fronts an alley
  • 1 Common Wall
  • Grapestake Fence
  • Rectangular Lot
  • Private Yard
  • Front Yard

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Property Attached
  • Turnkey
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,295 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 10
  • Assessor Parcel Number 7255037011

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Belmont Heights Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Park
  • Bike Trail

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $116
  • Gardener Expense $1,210
  • Insurance Expense $1,599
  • Professional Management Expense $3,629
  • Trash Expense $1,059
  • Water Sewer Expense $1,385
  • New Taxes Expense $16,000
  • Operating Expense $24,998
  • Gross Income $70,860
  • Net Operating Income $44,445

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,873

Year Built

Built in 1934

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 3629.00
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Subdivision Name Other: Belmont Heights (BH)
  • View: No
  • Water Sewer Expenses: 1385.00
  • Zoning: LBR4R
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 1210.00
  • Parcel Number: 7255037011
  • Year Built: 1934
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 440.06
  • Window Features: Double Pane Windows

Exterior Features

  • Fence: Yes
  • Fencing: Grapestake
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Range Hood, Refrigerator
  • Heating Type: Wall Furnace, Forced Air
  • Laundry Features: Community, Inside
  • Sewer: Public Sewer
  • Trash Expense: 1059.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Park, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Rectangular Lot, Near Public Transit, Park Nearby, Walkstreet, Yard
  • Lot Size: 50 X 131
  • Lot Size Sq Ft: 6541.00
  • Lot Size Acres: 0.1502

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Average1 Bed Area: 440 Square Feet
  • Average2 Bed Area: 990 Square Feet
  • Average3 Bed Area: 1865 Square Feet
  • Electric Expense: 116.00
  • Gross Income: 70860.00
  • Gross Multiplier: 19.74
  • Gross Operating Income: 69443.00
  • Gross Scheduled Income: 70860.00
  • Insurance Expense: 1599.00
  • Lot Size Area: 6541.0000 Square Feet
  • Net Operating Income: 44445.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 24998.00
  • Rent Control: No
  • Total Actual Rent: 5905.00
  • Total Expenses: 24998.00
  • Vacancy Allowance: 1417
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 16000.00
  • Tax Census Tract: 5771.00
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
May 18, 2021
Sold by
Bentjen Todd A and Todd A Bentjen Revocable Trust
Bought by
Coffey Jonathan and Coffey Candice
Seller's Agent
Mark Kachigan
Pabst, Kinney & Associates
Buyer's Agent
Leisha Williams
Real Estate Network Financial
List Price
$1,399,000
Sold Price
$1,450,000
Premium/Discount to List
$51,000
3.65%
Total Days on Market
29
Current Estimated Value
$1,804,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,000
Avg. Annual Appreciation
5.77%
Original Mortgage
$1,502,200
Outstanding Balance
$1,386,427
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$426,573

Purchase Details

Closed on
May 9, 2013
Sold by
Bentjen Todd A and Koelsch Christopher G
Bought by
Bentjen Todd A and Todd A Bentjen Revocable Trust

Purchase Details

Closed on
Oct 18, 2012
Sold by
Bentjen Todd A and Todd A Bentjen Revocable Trust
Bought by
Bentjen Todd A and Koelsch Christopher G

Purchase Details

Closed on
May 1, 2003
Sold by
Bentjen Todd Andrew
Bought by
Bentjen Todd E and The Todd A Bentjen Revocable T

Purchase Details

Closed on
Aug 15, 2002
Sold by
Rose Edee R
Bought by
Bentjen Todd Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,300
Interest Rate
5.37%

Purchase Details

Closed on
Apr 18, 2000
Sold by
Phillips Roger
Bought by
Rose Edee R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,920
Interest Rate
8.25%

Purchase Details

Closed on
Oct 31, 1997
Sold by
Corrodi Homer V Co Tr Corrodi Trust
Bought by
Phillips Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,250
Interest Rate
8.35%

Purchase Details

Closed on
Oct 13, 1994
Sold by
Corrodi Homer V and Corrodi Patricia A
Bought by
Corrodi Homer V and Corrodi Patricia A
Source: Public Records

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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
Coffey Jonathan $1,450,000 Western Resources Title Co
Bentjen Todd A -- None Available
Bentjen Todd A -- None Available
Bentjen Todd E -- --
Bentjen Todd Andrew $719,000 North American Title
Rose Edee R $440,000 Fidelity Title
Phillips Roger $325,000 Continental Title
Corrodi Homer V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coffey Jonathan $1,502,200
Previous Owner Bentjen Todd A $480,000
Previous Owner Bentjen Todd A $417,000
Previous Owner Bentjen Todd A $459,569
Previous Owner Bentjen Todd A $100,000
Previous Owner Bentjen Todd Andrew $80,000
Previous Owner Bentjen Todd Andrew $503,300
Previous Owner Rose Edee R $100,000
Previous Owner Rose Edee R $43,900
Previous Owner Rose Edee R $351,920
Previous Owner Phillips Roger D $65,000
Previous Owner Phillips Roger $40,000
Previous Owner Phillips Roger $276,250
Closed Bentjen Todd Andrew $71,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Sold $1,450,000 +3.6% $440 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $1,399,000 -- $425 / 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 $19,873 $1,538,751 $997,535 $541,216
2023 $19,544 $1,508,580 $977,976 $530,604
2022 $18,340 $1,479,000 $958,800 $520,200
2021 $12,065 $953,130 $557,375 $395,755
2020 $12,033 $943,358 $551,660 $391,698
2019 $11,893 $924,862 $540,844 $384,018
2018 $11,511 $906,729 $530,240 $376,489
2016 $10,581 $871,521 $509,651 $361,870
2015 $10,156 $858,431 $501,996 $356,435
2014 $10,088 $841,616 $492,163 $349,453
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21076240

California Regional Multiple Listing Service (CRMLS)

APN: 7255-037-011