NOT LISTED FOR SALE

1 S Fremont St Unit S San Mateo, CA 94401

North Central Neighborhood

Estimated Value: $1,476,000 - $1,933,900

4 Beds
3 Baths
2,850 Sq Ft
$598/Sq Ft Est. Value

Last Sold February 19, 2016

Last sale price $1,300,000 $456 Per Sq Ft

6 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Bungalow
  • San Mateo High School Rated A+
  • Balcony
  • Forced Air Heating System

About This Home

As of February 2016

Welcome to 1-South Fremont Street AND 804 Cypress Avenue in the rapidly changing Bowie Estate neighborhood of San Mateo, close to vibrant Downtown San Mateo. Enjoy the urban lifestyle with close proximity to the energy & modern amenities of both downtown San Mateo & Burlingame with their large array of shopping, dining and Century 12 Theater. 1-South Fremont Street: California Bungalow style home featuring a large front porch, refinished hardwood floors, period details & large living spaces. The separate outdoor areas offers a myriad of options for enjoyment. 3-BR, 2-Bath, Remodeled Kitchen, granite counters & SS Appliances, Refinished Hardwood Floors, Large front porch, built in cabinets & shelves. 804 Cypress Avenue: Situated over a two car garage with it’s own entrance, this Remodeled apartment has an open floor plan & is completely detached, with it’s own private yard. One Bedroom, One Bath, granite counters and SS appliances, Breakfast/Dining Bar, Hardwood Floors.

Last Agent to Sell the Property

Norma Sayage

Compass License #00823440 Listed on: 01/21/2016

Compass

Last Buyer's Agent

Mariana Pappalardo

Golden Gate Sotheby's International Realty License #01970137

Golden Gate Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,082

Year Built

  • 1917

Lot Details

  • 4,879 Sq Ft Lot
  • Level Lot
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Bungalow
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,850 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Granite Countertops
  • Disposal

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $74,400

Community Details

Overview

  • 2,850 Sq Ft Building

Building Details

  • Insurance Expense $1,800
  • Maintenance Expense $2,000
  • Operating Expense $19,800
  • Gross Income $73,656

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,082

Year Built

1917

Lot Details

0

Parking

2

Listing Details

  • Zoning: RM0003
  • Subclass: Duplex
  • Style: Bungalow
  • Age: 99
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2850
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1917

Interior Features

  • Kitchen: Appliances - Vary By Unit, Countertop - Granite, Exhaust Fan, Garbage Disposal, Refrigerator
  • Living Sq Ft: 2850
  • Stories: 1
  • Flooring: Hardwood

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas, Electric
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Mateo Union High
  • Elementary School: Meadow Heights Elementary
  • Middle School: Abbott Middle
  • High School: San Mateo High
  • High School: 672
  • Elementary School: 657
  • Middle School: 600

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1120
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4900.50
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4900.50

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 17.46

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1800
  • Expense Maintenance: 2000
  • Expenses Total: 19800
  • Income Annual Gross: 73656.00
  • Income Annual Rental: 74400
  • Income Gross Scheduled: 74400
  • Income Includes: Rents
  • Meters: Master Gas, Separate Electric, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Other Taxes
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2016
Closed on
Feb 10, 2016
Sold by
Gordils Jorge B and Gordils Maria E
Bought by
Sundstrom Eric Robert and Sundstrom Annemarie Baltay
Seller's Agent
Norma Sayage
Compass
Buyer's Agent
Mariana Pappalardo
Golden Gate Sotheby's International Realty
List Price
$1,299,000
Sold Price
$1,300,000
Premium/Discount to List
$1,000
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,500
Interest Rate
3.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 2005
Sold by
Gordils Jorge B and Gordils Maria E
Bought by
Gordils Jorge B and Gordils Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 2, 2000
Sold by
La Canada Holding Company
Bought by
Gordils Jorge and Gordils Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 2000
Sold by
Kera Properties
Bought by
La Canada Holding Company
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
Sundstrom Eric Robert $1,300,000 Fidelity National Title Co
Gordils Jorge B -- Alliance Title
Gordils Jorge $530,000 First American Title Co
La Canada Holding Company $550,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sundstrom Eric Robert $893,291
Closed Sundstrom Eric Robert $910,000
Closed Sundstrom Eric Robert $75,500
Closed Sundstrom Eric Robert $1,000,000
Previous Owner Gordils Jorge B $28,100
Previous Owner Gordils Jorge $200,000
Previous Owner Gordils Jorge B $554,000
Previous Owner Gordils Jorge $540,000
Previous Owner Gordils Jorge $371,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2016 02/19/16 Sold $1,300,000 +0.1% $456 / Sq Ft
01/28/2016 01/28/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $1,299,000 -- $456 / Sq Ft
Source: MLSListings

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 $20,082 $1,538,928 $970,710 $568,218
2023 $20,082 $1,479,171 $933,017 $546,154
2022 $19,300 $1,450,169 $914,723 $535,446
2021 $18,660 $1,421,736 $896,788 $524,948
2020 $17,916 $1,407,159 $887,593 $519,566
2019 $17,450 $1,379,569 $870,190 $509,379
2018 $16,577 $1,352,520 $853,128 $499,392
2017 $15,955 $1,326,000 $836,400 $489,600
2016 $8,486 $674,626 $337,313 $337,313
2015 $10,734 $664,494 $332,247 $332,247
2014 $10,395 $651,478 $325,739 $325,739
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2016

    Norma Sayage

    Compass

    Section Image

  • M

    Buyer's Agent in 2016

    Mariana Pappalardo

    Golden Gate Sotheby's International Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81547773

MLSListings

APN: 033-152-290

California San Mateo County San Mateo 94401 North Central

1 S Fremont St Unit S, San Mateo, CA

This home is located at 1 S Fremont St Unit S, San Mateo, CA 94401 since 21 January 2016 and is currently estimated at $1,704,300, approximately $598 per square foot. This property was built in 1917. 1 S Fremont St Unit S is a home located in San Mateo County with nearby schools including Meadow Heights Elementary School, Abbott Middle School, and San Mateo High School.

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