NOT LISTED FOR SALE

Estimated Value: $1,866,000 - $2,502,361

9 Beds
5 Baths
4,358 Sq Ft
$526/Sq Ft Est. Value

Last Sold April 30, 2013

Last sale price $1,100,000 $252 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $13,928/month

5 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Heating Available
  • Fremont Elementary School Rated A

About This Home

As of April 2013

Fabulous, sought after, Belmont Heights location near Colorado Lagoon. This "Statewide" style fourplex totals 4358 sq ft on a full size lot of 6830 sq ft. Front or "owners" unit is 3 bed 1.75 baths with inside laundry, fireplace, fenced front yard area, and private side patio. Other three units (two are upstairs and one is downstairs) are 2 beds with 1.5 baths each. All units have been upgraded with newer painting and carpeting and have been well maintained and are professionally managed and include all appliances. All units are currently tenant occupied with no vacancies. There is a total of three single car garages, plus three uncovered parking spaces in the rear, plus one storage closet, plus an "office" or additional storage area attached to the garage, plus a small yard area. There is an onsite laundry room for the three units that produces additional income. Located near 4th & Ximeno, Tremont is a "dead end" street that minimizes traffic and noise. This is an all electric building and is separately metered. This is a pride of ownership type property with no deferred maintenance. Opportunity is knocking!

Last Agent to Sell the Property

Pierre Billard

Re/Max R. E. Specialists License #00983985 Listed on: 03/19/2013

Re/Max R. E. Specialists

Last Buyer's Agent

Louis Mannone

Realty One Group West License #00933588

Realty One Group West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,475

Year Built

  • Built in 1969

Lot Details

  • 6,828 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 4,358 Sq Ft Home
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 7250001008

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Water Meters
  • Insurance Expense $800
  • Trash Expense $50
  • New Taxes Expense $15,000
  • Gross Income $6,450
  • Net Operating Income $6,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,475

Year Built

Built in 1969

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Heights (AH)
  • Property Type: Residential Income
  • Parcel Number: 7250001008
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 252.41

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Electric
  • Laundry Features: Inside, Individual Room
  • Trash Expense: 50.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6828.00
  • Lot Size Acres: 0.1570

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Income: 6450.00
  • Gross Scheduled Income: 6450.00
  • Insurance Expense: 800.00
  • Lot Size Area: 6828.0000 Square Feet
  • Net Operating Income: 6100.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Patio: 1
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 322.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 15000.00
  • Tax Lot: 1
  • Tax Tract Number: 1
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2024
Sold by
Stephens Jeffrey W and Mcpheeters Pamela
Bought by
Pamela Mcpheeters Stephens 2024 Revocable Liv and Stephens
Current Estimated Value
$2,293,340

Purchase Details

Closed on
Feb 13, 2014
Sold by
Stephens Jeffrey W
Bought by
Pamela Jeffrey W and Pamela Mcpheeters S

Purchase Details

Listed on
Mar 19, 2013
Closed on
Mar 26, 2013
Sold by
Ryan Mary Ellen
Bought by
Stephens Jeffrey W and Mcpheeters Stephens Pamela
Seller's Agent
Pierre Billard
Re/Max R. E. Specialists
Buyer's Agent
Louis Mannone
Realty One Group West
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%
Original Mortgage
$801,950
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2007
Sold by
Ryan Mary Ellen and The Sharon A Ahlstrom Trust
Bought by
Ryan Mary Ellen and The Mary Ellen Ryan Trust

Purchase Details

Closed on
Feb 7, 2005
Sold by
Ahlstrom Sharon A
Bought by
Ahlstrom Sharon A and The Sharon A Ahlstrom Trust

Purchase Details

Closed on
Oct 19, 1999
Sold by
Moylan Daniel J and Moylan Darlene
Bought by
Ahlstrom Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,650
Interest Rate
7.96%

Purchase Details

Closed on
Jun 19, 1996
Sold by
Moylan Daniel
Bought by
Moylan Daniel J and Moylan Darlene
Source: Public Records

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
Pamela Mcpheeters Stephens 2024 Revocable Liv -- None Listed On Document
Pamela Jeffrey W -- None Available
Stephens Jeffrey W $1,100,000 North American Title Company
Ryan Mary Ellen -- None Available
Ahlstrom Sharon A -- --
Ahlstrom Sharon A $471,500 North American Title Co
Moylan Daniel J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stephens Jeffrey W $801,950
Previous Owner Ahlstrom Sharon A $50,000
Previous Owner Ahlstrom Sharon A $344,000
Previous Owner Ahlstrom Sharon A $340,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2013 04/30/13 Sold $1,100,000 -8.3% $252 / Sq Ft
03/24/2013 03/24/13 Pending -- -- --
03/19/2013 03/19/13 For Sale $1,200,000 -- $275 / 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 $17,475 $1,354,558 $948,194 $406,364
2024 $17,475 $1,327,999 $929,602 $398,397
2023 $17,184 $1,301,961 $911,375 $390,586
2022 $16,135 $1,276,433 $893,505 $382,928
2021 $15,808 $1,251,406 $875,986 $375,420
2019 $15,583 $1,214,890 $850,004 $364,886
2018 $15,121 $1,191,082 $833,338 $357,744
2016 $13,900 $1,144,257 $800,980 $343,277
2015 $13,342 $1,127,070 $788,949 $338,121
2014 $13,251 $1,104,993 $773,495 $331,498
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13047367

California Regional Multiple Listing Service (CRMLS)

APN: 7250-001-008