NOT LISTED FOR SALE

Estimated Value: $612,000 - $924,262

8 Beds
3 Baths
2,574 Sq Ft
$315/Sq Ft Est. Value

Last Sold September 22, 2022

Last sale price $820,000 $319 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,166/month

10 Days on Market

Highlights

  • In Ground Pool
  • Laundry Room
  • 1-Story Property
  • Corner Lot
  • Back and Front Yard

About This Home

As of September 2022

2 Homes on one 12,100 lot. LIVE IN ONE AND RENT THE OTHER. 2 addresses 652 Belmont Ontario and 698 Belmont Ontario. Both homes are separated by a block wall making them seem like two different properties. House number 1 is a 3 bedroom 1 bath with its own driveway and huge backyard. House number 2 is a 5 bedroom 2 bathroom home with a POOL and a large bonus room. It has an updated kitchen with a large living room with a fireplace. Large bonus room is being used as a man cave/ pool room. Backyard is very large with a sparkling pool. There is also a small structure in the back that is being used as storage but can easily can be used as a mini pool house. There is huge patio cover to provide shade for all your family and friends. Home is close to frwys, shops and restaurants. Take a look and you will love them.

Last Agent to Sell the Property

Erica Moreno

Century 21 Allstars License #01860905 Listed on: 08/13/2022

Century 21 Allstars

Last Buyer's Agent

Georgette Solano

Century 21 Allstars License #01817587

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,971

Year Built

  • Built in 1922

Lot Details

  • 0.28 Acre Lot
  • No Common Walls
  • Corner Lot
  • Back and Front Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 2,574 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • In Ground Pool
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 1049481120000
  • Tax Block 183
  • $121 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $12,650
  • Net Operating Income $12,650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,971

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 399950
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 1049481120000
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 318.57

Exterior Features

  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 12100.00
  • Lot Size Acres: 0.2778

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 12650.00
  • Gross Operating Income: 12650.00
  • Gross Scheduled Income: 13800.00
  • Lot Size Area: 12100.0000 Square Feet
  • Net Operating Income: 12650.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Vacancy Allowance: 1150

Tax Info

  • Tax Block: 183
  • Tax Census Tract: 18.13
  • TaxOtherAnnualAssessmentAmount: 121.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2023
Sold by
Solano Georgette Perez
Bought by
698 & 652 E Belmont Llc
Current Estimated Value
$810,816

Purchase Details

Listed on
Aug 13, 2022
Closed on
Oct 17, 2022
Sold by
Solano Greg Manuel
Bought by
Solano Georgette Perez
Seller's Agent
Erica Moreno
Century 21 Allstars
Buyer's Agent
Georgette Solano
Century 21 Allstars
List Price
$839,900
Sold Price
$820,000
Premium/Discount to List
-$19,900
-2.37%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.38%

Purchase Details

Listed on
Aug 13, 2022
Closed on
Sep 20, 2022
Sold by
Manuel Solano Greg
Bought by
Solano Georgette Perez
Seller's Agent
Erica Moreno
Century 21 Allstars
Buyer's Agent
Georgette Solano
Century 21 Allstars
List Price
$839,900
Sold Price
$820,000
Premium/Discount to List
-$19,900
-2.37%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$606,000
Interest Rate
8.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2022
Closed on
Aug 1, 2022
Sold by
Ramirez Rachel E
Bought by
Perez Carlos B and Solana Georgette Perez
Seller's Agent
Erica Moreno
Century 21 Allstars
Buyer's Agent
Georgette Solano
Century 21 Allstars
List Price
$839,900
Sold Price
$820,000
Premium/Discount to List
-$19,900
-2.37%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$606,000
Interest Rate
8.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2011
Sold by
Ramirez Juan M
Bought by
Ramirez Juan M and Ramirez Rachel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
4.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2000
Sold by
Ramirez Juan M
Bought by
Ramirez Juan M and Ramirez Rachel E
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
698 & 652 E Belmont Llc -- Pacific Coast Title
Solano Georgette Perez -- --
Solano Georgette Perez -- --
Solano Georgette Perez -- Stewart Title
Perez Carlos B $820,000 Stewart Title
Ramirez Juan M -- Lawyers Title La
Ramirez Juan M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 698 & 652 E Belmont Llc $700,000
Previous Owner Perez Carlos B $606,000
Previous Owner Ramirez Juan M $117,000
Closed Perez Carlos B $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2022 09/22/22 Sold $820,000 +2.5% $319 / Sq Ft
08/19/2022 08/19/22 Price Changed $799,900 -3.0% $311 / Sq Ft
08/17/2022 08/17/22 Price Changed $824,999 -1.8% $321 / Sq Ft
08/13/2022 08/13/22 For Sale $839,900 -- $326 / 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 $8,971 $836,400 $346,800 $489,600
2024 $8,971 $820,000 $340,000 $480,000
2023 $8,893 $820,000 $340,000 $480,000
2022 $1,087 $104,795 $20,162 $84,633
2021 $1,079 $102,741 $19,767 $82,974
2020 $1,059 $101,687 $19,564 $82,123
2019 $1,049 $99,693 $19,180 $80,513
2018 $1,033 $97,738 $18,804 $78,934
2017 $994 $95,821 $18,435 $77,386
2016 $954 $93,943 $18,074 $75,869
2015 $947 $92,532 $17,803 $74,729
2014 $916 $90,719 $17,454 $73,265
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22178853

California Regional Multiple Listing Service (CRMLS)

APN: 1049-481-12