NOT LISTED FOR SALE

Estimated Value: $1,726,000 - $2,607,000

2 Beds
3 Baths
2,132 Sq Ft
$1,013/Sq Ft Est. Value

Last Sold May 01, 2015

Last sale price $1,435,000 $673 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $13,226/month

69 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Across the Road from Lake or Ocean
  • Naples Bayside Academy Rated A
  • Property has ocean access
  • Cape Cod Architecture

About This Home

As of May 2015

"OCEAN FRONT VIEW"
Live in front of the sand and sea. A 2 story brick house sits in front and a 3 car garage under 2 studio apartments sits in back of the house. You can live in the house and rent the apartments or rent it all. Studios are leased for $1000 and $1200. House presently leased for $3200. Total today is $5400 per month rent. The house is a solid red brick inside and out. First floor has a large Living Room with Fireplace, Dining Room, fully equipped Kitchen with sitting area, Pantry, and half Bathroom. Walk outside to your private Patio with its own cozy Fireplace. Second floor of house has 2 large Bedrooms, lots of closet space, and a full Bathroom. Floors are hardwood except tile Kitchen and Bathrooms. A separate building houses a Laundry Room, Storage Room, and 2 and 1 car garages. Over this area are 2 Studio Apartments with Ocean Views. Enter the studios main room with hardwood floors and lots of closet space. Walk down the hall to a full large tiled Bathroom or turn into the complete Kitchen with area for a table and chairs.

Last Agent to Sell the Property

George Pellin

Coldwell Banker Realty License #01882025 Listed on: 11/08/2014

Last Buyer's Agent

Jeronimo Almeida

Century 21 Allstars License #01062288

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 2,753 Sq Ft Lot
  • Beach Front
  • Property fronts an alley
  • 1 Common Wall
  • South Facing Home
  • Wood Fence
  • Fence is in average condition
  • Landscaped
  • Rectangular Lot
  • Front and Back Yard Sprinklers
  • Private Yard

Parking

  • 3 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors
  • Assigned Parking

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic

Home Design

  • Cape Cod Architecture
  • Property Attached
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 2,132 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Brick Wall or Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Raised Hearth
  • Double Pane Windows
  • Blinds
  • Window Screens
  • French Doors
  • Sliding Doors
  • Living Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Gas Range
  • Free-Standing Range
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Property has ocean access
  • Fireplace in Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Additional Features

  • ENERGY STAR Qualified Equipment
  • Two Homes on a Lot
  • Across the Road from Lake or Ocean

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Legal Lot and Block 28 / 36
  • Tax Tract Number 3750
  • Assessor Parcel Number 7245007025

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,020
  • Insurance Expense $2,265
  • Maintenance Expense $260
  • Water Sewer Expense $564
  • New Taxes Expense $17,500
  • Gross Income $5,400
  • Net Operating Income $43,191

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: Kitchen Appliances in all 3 units and Washer and Dryer in Laundry Room.
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s)
  • Subdivision Name Other: Belmont Shore (BSD)
  • View: Yes
  • Water Sewer Expenses: 564.00
  • Architectural Style: Cape Cod
  • Property Type: Residential Income
  • Gardener Expense: 1020.00
  • Parcel Number: 7245007025
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features, Brick Walls, Ceiling Fan(s), Granite Counters, Copper Plumbing Partial, Pull Down Stairs to Attic, Pantry, Recessed Lighting
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Door Features: French Doors, Sliding Doors
  • Fireplace Features: Raised Hearth, Living Room, Patio
  • Levels: Two
  • Price Per Square Foot: 673.08
  • Room Type: All Bedrooms Up
  • Window Features: Blinds, Double Pane Windows, Screens

Exterior Features

  • Direction Faces: South
  • Foundation: Slab
  • Other Structures: Two On A Lot
  • Exterior Features: Lighting, Satellite Dish
  • View: Catalina, Coastline, Ocean, Panoramic, Water
  • Fencing: Average Condition, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Brick, Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Garage Faces Rear, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Natural Gas Available, Sewer Connected, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Water Line to Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central, Natural Gas
  • Laundry Features: Community, Dryer Included, Gas Dryer Hookup, In Garage, Washer Included
  • Water Source: Public
  • Cooling: Central Air, Electric, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Landscaped, Rectangular Lot, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Sprinkler System, Yard
  • Lot Size Sq Ft: 2753.00
  • Lot Size Acres: 0.0630

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Average2 Bed Area: 1388
  • Average Studio Area: 372
  • Gross Income: 5400.00
  • Gross Scheduled Income: 64800.00
  • Insurance Expense: 2265.00
  • Lot Size Area: 2753.0000 Square Feet
  • Maintenance Expense: 260.00
  • Net Operating Income: 43191.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 1
  • Number With Disposal: 3
  • Number With Patio: 1
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 21609.00
  • Rent Control: No
  • Total Actual Rent: 64800.00
  • Waterfront Features: Across the Road from Lake/Ocean, Beach Access, Beach Front, Ocean Access, Ocean Front

Tax Info

  • New Taxes Expense: 17500.00
  • Tax Block: 36
  • Tax Lot: 28
  • Tax Tract Number: 3750
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2019
Sold by
Wong Michael C and Wong Jacqueline C
Bought by
Wong Jacqueline C and Wong Michael C
Current Estimated Value
$2,160,320

Purchase Details

Closed on
Apr 20, 2006
Sold by
Pellin George S and Pellin Vicki Charlene
Bought by
Pellin George S and Pellin Vicki Charlene

Purchase Details

Closed on
Dec 19, 2002
Sold by
Pellin George S and Pellin Vicki Charlene
Bought by
Pellin George S and Pellin Vicki Charlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,300
Interest Rate
5.86%

Purchase Details

Closed on
Aug 8, 2002
Sold by
Pellin George S and Pellin Vicki Charlene
Bought by
Pellin George S and Pellin Vicki Charlene

Purchase Details

Closed on
Sep 21, 1998
Sold by
Trust Fill Walter A Jr Tr Walter A Fill
Bought by
Pellin George S and Pellin Vicki Charlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,500
Interest Rate
6.6%

Purchase Details

Closed on
Sep 10, 1993
Sold by
Fill Walter A and Fill Joan E
Bought by
Fill Walter A and The Walter A Fill Jr Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wong Jacqueline C -- None Available
Pellin George S -- None Available
Pellin George S -- Equity Title
Pellin George S -- --
Pellin George S $445,000 --
Fill Walter A -- Continental Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pellin George S $499,300
Previous Owner Pellin George S $311,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2015 05/01/15 Sold $1,435,000 -4.3% $673 / Sq Ft
01/16/2015 01/16/15 Pending -- -- --
11/08/2014 11/08/14 For Sale $1,500,000 0.0% $704 / Sq Ft
03/05/2014 03/05/14 Rented $3,200 0.0% --
03/05/2014 03/05/14 For Rent $3,200 +20.8% --
03/15/2012 03/15/12 Rented $2,650 0.0% --
03/15/2012 03/15/12 Under Contract -- -- --
03/07/2012 03/07/12 For Rent $2,650 -- --
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 $23,297 $1,783,202 $1,201,846 $581,356
2024 $21,579 $1,690,829 $1,178,281 $512,548
2023 $21,219 $1,657,677 $1,155,178 $502,499
2022 $19,899 $1,625,175 $1,132,528 $492,647
2021 $19,519 $1,593,310 $1,110,322 $482,988
2020 $19,470 $1,576,974 $1,098,938 $478,036
2019 $19,240 $1,546,054 $1,077,391 $468,663
2018 $18,768 $1,515,740 $1,056,266 $459,474
2016 $17,272 $1,456,883 $1,015,250 $441,633
2015 $6,952 $580,451 $464,368 $116,083
2014 $6,910 $569,082 $455,272 $113,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14238745

California Regional Multiple Listing Service (CRMLS)

APN: 7245-007-025