NOT LISTED FOR SALE

Estimated Value: $1,253,000 - $1,543,000

6 Beds
4 Baths
1,814 Sq Ft
$786/Sq Ft Est. Value

Last Sold March 02, 2012

Last sale price $635,000 $350 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $8,615/month

15 Days on Market

Highlights

  • Cottage
  • Central Heating and Cooling System
  • 1 Car Garage
  • Woodrow Wilson High School Rated A

About This Home

As of March 2012

Beautiful 2 unit property in Belmont Heights area. Both units well kept, recently upgraded, and in move-in condition. This property will not last! 6 total bedrooms, 4 bathrooms, great architecture, great pride of ownership!

Last Agent to Sell the Property

Michael Gibson

Vantus California Realty, Inc. License #01875445 Listed on: 12/28/2011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,281

Year Built

  • Built in 1915

Lot Details

  • 6,750

Parking

  • 1 Car Garage

Home Design

  • Cottage

Interior Spaces

  • 1,814 Sq Ft Home
  • 2-Story Property

Additional Features

  • 6,750 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 7262-030-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,281

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Cottage
  • Street Number Display: No
  • Living Area: 1814
  • Stories: 2
  • Year Built: 1915
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 341.73

Exterior Features

  • Pool: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 255000
  • Assessed Land Value: 385000
  • Assessor Parcel Number: 7262-030-020
  • Lot Size Area: 6750

Multi Family

  • Unit Type: 2106
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Detached
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2011
Closed on
Jan 31, 2012
Sold by
Wells Fargo Bank Na
Bought by
Rogers Madsen Nathan Peter and Woltmann Kim Malia Sen
Seller's Agent
Michael Gibson
Vantus California Realty, Inc.
List Price
$619,900
Sold Price
$635,000
Premium/Discount to List
$15,100
2.44%
Current Estimated Value
$1,426,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$791,679
Avg. Annual Appreciation
6.42%
Original Mortgage
$500,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2011
Sold by
Elnaggar Hesham
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Jun 5, 2006
Sold by
Elnaggar Hesham
Bought by
Prope Elnaggar Hesham and Prope Hesham Elnaggar Separate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 4, 2005
Sold by
Elnaggar Doaa
Bought by
Elnaggar Hesham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2005
Sold by
Adams Leslie
Bought by
Elnaggar Hesham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2003
Sold by
Livin Adams Leslie J and Livin Leslie J Adams Revocable
Bought by
Adams Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2003
Sold by
Adams Leslie
Bought by
Adams Leslie J and The Leslie J Adams Revocable L

Purchase Details

Closed on
Oct 22, 1999
Sold by
Cordova Dorothy M
Bought by
Adams Leslie
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rogers Madsen Nathan Peter $635,000 None Available
Wells Fargo Bank N A $537,750 Landsafe Title
Prope Elnaggar Hesham -- None Available
Elnaggar Hesham -- Orange Coast Title Co
Elnaggar Hesham $850,000 Orange Coast Title Co
Adams Leslie -- Fidelity National Title Co
Adams Leslie J -- --
Adams Leslie $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rogers Madsen Nathan Peter $745,700
Closed Rogers Madsen Nathan Peter $500,000
Previous Owner Elnaggar Hesham $250,000
Previous Owner Elnaggar Hesham $680,000
Previous Owner Adams Leslie $500,000
Previous Owner Adams Leslie $400,000
Previous Owner Cordova Dorothy Mae $17,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2012 03/02/12 Sold $635,000 +2.4% $350 / Sq Ft
01/12/2012 01/12/12 Pending -- -- --
12/28/2011 12/28/11 For Sale $619,900 -- $342 / Sq Ft
Source: The MLS

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 $10,281 $797,585 $502,418 $295,167
2024 $10,281 $781,947 $492,567 $289,380
2023 $10,111 $766,615 $482,909 $283,706
2022 $9,496 $751,585 $473,441 $278,144
2021 $9,304 $736,849 $464,158 $272,691
2020 $9,280 $729,294 $459,399 $269,895
2019 $9,173 $714,995 $450,392 $264,603
2018 $8,866 $700,976 $441,561 $259,415
2016 $8,148 $673,758 $424,415 $249,343
2015 $7,820 $663,638 $418,040 $245,598
2014 $7,766 $650,640 $409,852 $240,788
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 11-572417

The MLS

APN: 7262-030-020