NOT LISTED FOR SALE

Estimated Value: $1,375,000 - $1,615,546

4 Beds
2 Baths
1,861 Sq Ft
$811/Sq Ft Est. Value

Last Sold October 23, 2023

Last sale price $1,420,000 $763 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $9,358/month

18 Days on Market

Highlights

  • Dual Staircase
  • Wood Flooring
  • High Ceiling
  • Lowell Elementary School Rated A-
  • Spanish Architecture
  • 2-minute walk to Livingston Drive Park

About This Home

As of October 2023

Beautiful 1924 Spanish Style Duplex in Prime Belmont Heights location. The property is well configured with two townhome style units with landscaped private backyards. Both units have a similar floor plan with a living room, dining area, and kitchen on the lower level and two bedrooms and a bathroom on the upper level. The West unit has a sizable yard, a balcony off the master bedroom, and an oversized garage/laundry area making it the ideal owners unit. Each unit also has a private garage with separate laundry systems and water heaters. The properties exterior exhibits classic Spanish design with an arched entry & windows, stucco exterior, tile parapet roof, Spanish tile walkways, and drought tolerant landscaping. As you enter the interiors you immediately appreciate the classic details of the light filled spaces including tall coved ceilings, arched windows, original moldings and original solid oak hardwood floors. Both units have decorative faux fireplaces and beautiful details on railings and staircases. This wonderful Belmont Heights Spanish offers such a vibrant location, just a short walk or bike ride to the shops and restaurants in Belmont Shore, 4th Street, and the beach.

Last Agent to Sell the Property

Blake Nicolai

Re/Max R. E. Specialists License #01896527 Listed on: 09/01/2023

Re/Max R. E. Specialists

Last Buyer's Agent

Natasha Schultheis

Coldwell Banker Realty License #01277420

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 3,349 Sq Ft Lot
  • 1 Common Wall
  • South Facing Home
  • Masonry wall
  • Wood Fence
  • Stucco Fence
  • Landscaped
  • Sprinkler System
  • Lawn

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Duplex
  • Spanish Architecture
  • Entry on the 1st floor
  • Flat Roof Shape
  • Raised Foundation
  • Tile Roof
  • Plaster
  • Stucco

Interior Spaces

  • 1,861 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • French Doors
  • Panel Doors
  • Living Room with Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Floor Furnace
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 5 / 24
  • Assessor Parcel Number 7249036006
  • $417 per year additional tax assessments

Community Details

Overview

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

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $64,740
  • Net Operating Income $64,740

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

3,349 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Belmont Heights (BH)
  • View: No
  • Zoning: LBR1N
  • Architectural Style: Spanish
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7249036006
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases, Balcony, Built-in Features, Ceiling Fan(s), High Ceilings
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Door Features: French Doors, Panel Doors
  • Entry Level: 1
  • Fireplace Features: Living Room, Decorative
  • Levels: Two
  • Price Per Square Foot: 763.03
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room

Exterior Features

  • Direction Faces: South
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Masonry, Stucco Wall, Wood
  • Pool Private: No
  • Roof: Flat, Tile
  • Spa: No
  • Construction Materials: Plaster, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Water Heater
  • Heating Type: Floor Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn, Sprinkler System
  • Lot Size Sq Ft: 3349.00
  • Lot Size Acres: 0.0769

Multi Family

  • Gross Income: 64740.00
  • Gross Scheduled Income: 64740.00
  • Lot Size Area: 3349.0000 Square Feet
  • Net Operating Income: 64740.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 5395.00

Tax Info

  • Tax Block: 24
  • Tax Census Tract: 5774.00
  • Tax Lot: 5
  • TaxOtherAnnualAssessmentAmount: 417.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2023
Closed on
Sep 21, 2023
Sold by
Stuart William A and Stuart Terri L
Bought by
Tansavatdi Family Trust and Tansavatdi
Seller's Agent
Blake Nicolai
Re/Max R. E. Specialists
Buyer's Agent
Natasha Schultheis
Coldwell Banker Realty
List Price
$1,395,000
Sold Price
$1,420,000
Premium/Discount to List
$25,000
1.79%
Views
38
Current Estimated Value
$1,509,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,637
Avg. Annual Appreciation
2.59%
Original Mortgage
$400,000
Outstanding Balance
$391,768
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$1,117,869

Purchase Details

Listed on
Feb 25, 2012
Closed on
Aug 13, 2012
Sold by
Wilson Michael H and Wilson Stephanie K
Bought by
Stuart William A and Stuart Terri L
Seller's Agent
Richard Bell
Bell Realty Group
Buyer's Agent
Colleen Low
Y Realty
List Price
$749,000
Sold Price
$725,000
Premium/Discount to List
-$24,000
-3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%
Original Mortgage
$580,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2007
Sold by
Wilson Michael H and Wilson Stephanie K
Bought by
Wilson Michael H and Wilson Stephanie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$738,750
Interest Rate
6.74%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 18, 2007
Sold by
Mckenzie Kenneth
Bought by
Wilson Michael H and Wilson Stephanie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$738,750
Interest Rate
6.74%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 16, 1998
Sold by
Mandel Maureen A and Mandel Maureen Adele
Bought by
Mckenzie Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
6.73%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tansavatdi Family Trust $1,420,000 Ticor Title
Stuart William A $725,000 Fnt
Wilson Michael H -- North American Title Co
Wilson Michael H $985,000 North American Title Co
Mckenzie Kenneth $340,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tansavatdi Family Trust $400,000
Previous Owner Stuart William A $580,000
Previous Owner Wilson Michael H $738,750
Previous Owner Mckenzie Kenneth $306,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2023 10/23/23 Sold $1,420,000 +1.8% $763 / Sq Ft
09/19/2023 09/19/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $1,395,000 +92.4% $750 / Sq Ft
08/19/2012 08/19/12 Sold $725,000 -3.2% $390 / Sq Ft View Prior Sale
06/19/2012 06/19/12 Pending -- -- --
02/25/2012 02/25/12 For Sale $749,000 -- $402 / 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 $18,052 $1,448,400 $938,400 $510,000
2024 $18,052 $1,420,000 $920,000 $500,000
2023 $11,107 $858,107 $544,455 $313,652
2022 $10,421 $841,282 $533,780 $307,502
2021 $10,216 $824,787 $523,314 $301,473
2019 $10,070 $800,326 $507,794 $292,532
2018 $9,817 $784,635 $497,838 $286,797
2016 $9,030 $754,168 $478,507 $275,661
2015 $8,663 $742,841 $471,320 $271,521
2014 $8,599 $728,291 $462,088 $266,203
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23164611

California Regional Multiple Listing Service (CRMLS)

APN: 7249-036-006

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