NOT LISTED FOR SALE

Estimated Value: $1,109,000 - $1,282,637

4 Beds
2 Baths
1,554 Sq Ft
$782/Sq Ft Est. Value

Last Sold March 14, 2019

Last sale price $765,000 $492 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $7,517/month

13 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Craftsman Architecture
  • Wood Siding
  • Fremont Elementary School Rated A
  • Lawn
  • Carpet

About This Home

As of March 2019

Excellent and rare opportunity to own 2 on 1 in Belmont Heights. Front house is a 2 bedroom 1 bath Craftsman style home with a rear yard. Back house has 2 bedrooms an 1 bath with a fenced yard. Walk to shopping, schools, restaurants and parks. Both houses need a little TLC.

Last Agent to Sell the Property

Darren Hamilton

Hamilton Pacific Real Estate License #01226720 Listed on: 02/01/2019

Last Buyer's Agent

Dave Sterud

David Curtis Sterud, Broker License #01745962

David Curtis Sterud, Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,784

Year Built

  • Built in 1920

Lot Details

  • 6,985 Sq Ft Lot
  • No Common Walls
  • Lawn
  • Back and Front Yard

Home Design

  • 1,554 Sq Ft Home
  • Craftsman Architecture
  • Wood Siding

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Rain Gutters

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 3537
  • Assessor Parcel Number 7254026018

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $1,800
  • New Taxes Expense $9,562
  • Operating Expense $12,562
  • Gross Income $51,600
  • Net Operating Income $39,038

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,784

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Belmont Heights (BH)
  • View: No
  • Zoning: LBR1N
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7254026018
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 492.28
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn
  • Lot Size Sq Ft: 6985.00
  • Lot Size Acres: 0.1604

Multi Family

  • Gross Income: 51600.00
  • Gross Scheduled Income: 51600.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 6985.0000 Square Feet
  • Net Operating Income: 39038.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 12562.00
  • Rent Control: No
  • Total Expenses: 12562.00

Tax Info

  • New Taxes Expense: 9562.00
  • Tax Census Tract: 5771.00
  • Tax Lot: 2
  • Tax Tract Number: 3537

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2022
Sold by
Aboytes and Bianca
Bought by
Aboytes Family Trust
Current Estimated Value
$1,214,659

Purchase Details

Listed on
Feb 1, 2019
Closed on
Feb 19, 2019
Sold by
Aboytes John
Bought by
Aboytes Bianca
Seller's Agent
Darren Hamilton
Hamilton Pacific Real Estate
Buyer's Agent
Dave Sterud
David Curtis Sterud, Broker
List Price
$765,000
Sold Price
$765,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$612,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2019
Closed on
Feb 15, 2019
Sold by
Farmers & Merchants Tr Co Of Long Beach
Bought by
Aboytes Bianca
Seller's Agent
Darren Hamilton
Hamilton Pacific Real Estate
Buyer's Agent
Dave Sterud
David Curtis Sterud, Broker
List Price
$765,000
Sold Price
$765,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2014
Sold by
Voll Helen L and Voll Helen Louise
Bought by
Farmers & Merchants Trust Company Of Lon and Helen L Voll Revocable Trust
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
Aboytes Family Trust -- Williamson & Gentilini
Aboytes John -- Williamson & Gentilini
Aboytes Bianca -- Ticor Title Company Of Ca
Aboytes Bianca $765,000 Ticor Title Company Of Ca
Farmers & Merchants Trust Company Of Lon -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aboytes Bianca $617,000
Previous Owner Aboytes Bianca $615,000
Previous Owner Aboytes Bianca $612,000
Previous Owner Aboytes Bianca $612,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2019 03/14/19 Sold $765,000 0.0% $492 / Sq Ft
02/01/2019 02/01/19 For Sale $765,000 -- $492 / 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 $10,784 $853,367 $596,800 $256,567
2024 $10,784 $836,636 $585,099 $251,537
2023 $10,603 $820,232 $573,627 $246,605
2022 $9,951 $804,150 $562,380 $241,770
2021 $9,756 $788,383 $551,353 $237,030
2020 $9,730 $780,300 $545,700 $234,600
2019 $1,098 $54,010 $40,414 $13,596
2018 $982 $52,952 $39,622 $13,330
2016 $901 $50,898 $38,085 $12,813
2015 $873 $50,134 $37,513 $12,621
2014 $881 $49,153 $36,779 $12,374
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19025456

California Regional Multiple Listing Service (CRMLS)

APN: 7254-026-018