$1,510,000
SOLD AUG 25, 2022
5 Beds
4 Baths
2,325 Sq Ft
4,238 Sq Ft Lot

Recently Sold

$649 Per Sq Ft

1% Below List Price

7 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Laundry Room
  • Fremont Elementary School Rated A
  • Balcony
  • Awning

About This Home

As of August 2022

Delightful corner lot duplex located in the heart of Belmont Heights. Tremendous opportunity to rent both units or live in one, and rent the other. One unit has two bedrooms and 1 bathroom. That unit opens to a private courtyard with a fountain. The units are separated by garages that offer privacy and convenience. The second unit has a spacious living room that comes with a fireplace. Down stairs you will find an open dining area and kitchen. Also located downstairs are two well sized bedrooms and two bathrooms. Upon entering the upstairs you will find a bonus room, currently being used for media room and home office. Also upstairs is a large master bedroom with en suite bathroom. Outside the master bedroom is an outdoor deck with great views of Belmont Heights. This charming duplex is located close to dining and shopping on 2nd street. Located moments from from parks, schools and CSULB.

Last Agent to Sell the Property

Zachary Metheny

Keller Williams Realty License #02002501 Listed on: 07/03/2022

Last Buyer's Agent

Tom Schick

Realty Source, Inc License #01457767

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,749

Year Built

  • Built in 1963

Lot Details

  • 4,238 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Flat Roof Shape
  • Slab Foundation

Interior Spaces

  • 2,325 Sq Ft Home
  • 2-Story Property
  • Awning
  • Living Room with Fireplace
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Heating Available
  • Natural Gas Not Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Balcony
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 24 / A
  • Tax Tract Number 577603
  • Assessor Parcel Number 7250004031
  • $14,500 per year additional tax assessments

Community Details

Overview

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

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • Fuel Expense $1
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • Operating Expense $1
  • Gross Income $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,749

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 562-370-7893
  • Price Per Unit: 764500
  • Property Attached: Yes
  • Subdivision Name Other: Belmont Heights (BH)
  • Water Sewer Expenses: 1.00
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7250004031
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 649.46

Exterior Features

  • Foundation: Slab
  • Exterior Features: Awning(s)
  • Pool Private: No
  • Roof: Flat
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Not Available, Phone Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range
  • Electric: Standard
  • Heating Type: Electric
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot
  • Lot Size Sq Ft: 4238.00
  • Lot Size Acres: 0.0973

Multi Family

  • Fuel Expense: 1.00
  • Gross Income: 1.00
  • Gross Scheduled Income: 1.00
  • Insurance Expense: 1.00
  • Lot Size Area: 4238.0000 Square Feet
  • Net Operating Income: 1.00
  • Number Of Separate Electric Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1.00
  • Rent Control: Yes
  • Total Expenses: 1.00

Tax Info

  • Tax Block: A
  • Tax Census Tract: 5776.06
  • Tax Lot: 24
  • Tax Tract Number: 577603
  • TaxOtherAnnualAssessmentAmount: 14500.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2022
Closed on
Jul 19, 2022
Sold by
Deon Carbajal
Bought by
Weilimi Family Living Trust
Seller's Agent
Zachary Metheny
Keller Williams Realty
Buyer's Agent
Tom Schick
Realty Source, Inc
List Price
$1,529,000
Sold Price
$1,510,000
Premium/Discount to List
-$19,000
-1.24%
Views
1
Current Estimated Value
$1,676,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,489
Avg. Annual Appreciation
3.95%
Original Mortgage
$1,057,000
Outstanding Balance
$1,011,907
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$679,381

Purchase Details

Listed on
Jun 26, 2019
Closed on
Nov 12, 2019
Sold by
Metheny Zachary Ryan
Bought by
Metheny Kelsey Jean
Seller's Agent
Frank Colonna
Colonna & Co., Realty
Buyer's Agent
Zachary Metheny
Keller Williams Realty
List Price
$1,135,000
Sold Price
$1,120,000
Premium/Discount to List
-$15,000
-1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.35%
Original Mortgage
$896,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2019
Closed on
Oct 1, 2019
Sold by
Kennard Michael S and Miramontes Elizabeth J
Bought by
Carbajal Deon and Metheny Kelsey Jean
Seller's Agent
Frank Colonna
Colonna & Co., Realty
Buyer's Agent
Zachary Metheny
Keller Williams Realty
List Price
$1,135,000
Sold Price
$1,120,000
Premium/Discount to List
-$15,000
-1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$896,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2006
Sold by
Kennard Michael J
Bought by
Kennard Michael S and Miramontes Elizabeth J

Purchase Details

Closed on
Jul 6, 2004
Sold by
Kennard Michael S
Bought by
Kennard Michael J and Kennard Jennifer B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2001
Sold by
Kennard Michael
Bought by
Kennard Michael S and Miramontes Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
4.95%

Purchase Details

Closed on
Nov 9, 2000
Sold by
Kennard Elizabeth M
Bought by
Kennard Michael and Kennard Elizabeth M

Purchase Details

Closed on
May 19, 2000
Sold by
Kennard Michael S
Bought by
Kennard Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 21, 1997
Sold by
Hovard Meri
Bought by
Hovard Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,600
Interest Rate
8.15%

Purchase Details

Closed on
Mar 26, 1997
Sold by
Hovard Robert R
Bought by
Kennard Michael S and Kennard Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,600
Interest Rate
8.15%

Purchase Details

Closed on
Dec 28, 1996
Sold by
Nero Loree
Bought by
Hovard Robert R

Purchase Details

Closed on
Nov 28, 1994
Sold by
Day Carol L
Bought by
Nero Loree and Williamson Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
9.23%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,510,000 First American Title Company O
Interfamily Deed Transfer -- Stewart Title Of Ca Inc
Grant Deed $1,120,000 Stewart Title Of Ca Inc
Grant Deed -- None Available
Interfamily Deed Transfer -- Orange Coast Title Los Angel
Interfamily Deed Transfer -- Orange Coast Title
Interfamily Deed Transfer -- Orange Coast Title
Gift Deed -- Orange Coast Title
Interfamily Deed Transfer -- Orange Coast Title
Interfamily Deed Transfer -- Fidelity National Title Ins
Grant Deed $302,000 Fidelity National Title Ins
Grant Deed $302,000 Fidelity National Title Ins
Grant Deed $280,000 North American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,057,000 New Conventional
Previous Owner $896,000 New Conventional
Previous Owner $690,000 Adjustable Rate Mortgage/ARM
Previous Owner $713,998 Unknown
Previous Owner $60,000 Credit Line Revolving
Previous Owner $529,000 New Conventional
Previous Owner $48,000 Unknown
Previous Owner $435,000 No Value Available
Previous Owner $40,000 Unknown
Previous Owner $360,000 No Value Available
Previous Owner $343,200 Unknown
Previous Owner $40,000 Balloon
Previous Owner $301,600 No Value Available
Previous Owner $224,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2022 08/25/22 Sold $1,510,000 -1.2% $649 / Sq Ft
07/10/2022 07/10/22 Pending -- -- --
07/03/2022 07/03/22 For Sale $1,529,000 +36.5% $658 / Sq Ft
11/15/2019 11/15/19 Sold $1,120,000 -1.3% $482 / Sq Ft
09/30/2019 09/30/19 Pending -- -- --
06/26/2019 06/26/19 For Sale $1,135,000 -- $488 / 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 $19,749 $1,571,004 $1,019,592 $551,412
2024 $19,749 $1,540,200 $999,600 $540,600
2023 $19,419 $1,510,000 $980,000 $530,000
2022 $14,227 $1,154,233 $752,313 $401,920
2021 $13,952 $1,131,602 $737,562 $394,040
2019 $5,802 $440,913 $277,399 $163,514
2018 $5,594 $432,268 $271,960 $160,308
2016 $5,138 $415,484 $261,400 $154,084
2015 $4,934 $409,244 $257,474 $151,770
2014 $4,905 $401,229 $252,431 $148,798
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22145502

California Regional Multiple Listing Service (CRMLS)

APN: 7250-004-031