NOT LISTED FOR SALE

Estimated Value: $2,097,000 - $2,787,488

4 Beds
2 Baths
3,464 Sq Ft
$719/Sq Ft Est. Value

Last Sold April 30, 2014

Last sale price $1,350,000 $390 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $15,036/month

30 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • 1-Story Property
  • Menlo-Atherton High School Rated A
  • Community Barbecue Grill

About This Home

As of April 2014

Amazing opportunity - new windows, new roofs, 2 spacious units connected by garage - very private on flag lot. Unit #1 - 2BR/1BA with granite countertops, private fenced backyard. Unit #2 - charming 2BR/1.5 BA with fireplace and private yard. Great financials - feels like SFR - Do Not Miss!

Last Agent to Sell the Property

Keri Nicholas

Coldwell Banker License #01198898 Listed on: 03/03/2014

Coldwell Banker

Last Buyer's Agent

Lan Rupf

Keller Williams Thrive License #01401295

Keller Williams Thrive

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,139

Year Built

  • 1939

Lot Details

  • Flag Lot

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 3,464 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wood
  • Tile

Parking

  • Garage
  • Private Parking
  • Garage Door Opener

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $56,940
  • The owner pays for services - gardener/landscaping

Community Details

Overview

  • 2 Units
  • 3,464 Sq Ft Building

Amenities

  • Community Barbecue Grill

Building Details

  • Gardener Expense $960
  • Insurance Expense $1,529
  • Operating Expense $13,148
  • Gross Income $56,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,139

Year Built

1939

Lot Details

0

Listing Details

  • Zoning: R200
  • Subclass: Duplex
  • Age: 75
  • Inspections Reports: Fault Zone, Pest Control, Property Inspection, Flood Zone
  • Sale Price Per Sq Ft: 389.72
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 3464
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1939

Interior Features

  • Kitchen: Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 3464
  • Stories: 1
  • Laundry: Laundry Area - In All Units, In Garage
  • Flooring: Tile, Hardwood

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Gate / Door Opener, Private / Exclusive

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Condo/Co-op/Association

  • HOA Amenities: Bbq Area

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Flag Lot
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9713.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 9713.00
  • Lot Size Area Min Search: 9713.00
  • Maximum Lot Size: 9713.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 21.04

Multi Family

  • Expense Insurance: 1529
  • Expense Landscape: 960
  • Expenses Total: 13148
  • Income Annual Gross: 56940.00
  • Income Annual Rental: 56940
  • Income Gross Scheduled: 56940
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 2
  • Operating Expenses Include: Services - Gardener, Insurance, Maintenance - Repair
  • Owner Pays: Services - Gardener/Landscaping
  • Tenant Expenses: Utilities - Water, Cable Tv, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2014
Closed on
Mar 26, 2014
Sold by
Nicholas Keri
Bought by
Angwar Diana
Seller's Agent
Keri Nicholas
Coldwell Banker
Buyer's Agent
Lan Rupf
Keller Williams Thrive
List Price
$1,198,000
Sold Price
$1,350,000
Premium/Discount to List
$152,000
12.69%
Current Estimated Value
$2,491,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,141,372
Avg. Annual Appreciation
5.55%
Original Mortgage
$515,000
Outstanding Balance
$376,034
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,122,316

Purchase Details

Closed on
Jan 7, 2011
Sold by
Brady Jason
Bought by
Bogue Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2011
Sold by
Bogue Megan
Bought by
Bogue Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2010
Sold by
Bogue Megan
Bought by
Nee David and The Barbara F Barrett Exempt Trust

Purchase Details

Closed on
Nov 21, 2006
Sold by
Nicholas Keri E and Bogue Megan
Bought by
Nicholas Keri

Purchase Details

Closed on
Sep 21, 2006
Sold by
Martin Alice J
Bought by
Nicholas Keri E and Bogue Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,625
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
Angwar Diana $1,350,000 First American Title Company
Bogue Megan -- First American Title Company
Bogue Megan -- First American Title Company
Nee David -- None Available
Bogue Megan -- None Available
Nicholas Keri -- Accommodation
Nicholas Keri E $756,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Angwar Diana $515,000
Previous Owner Bogue Megan $466,000
Previous Owner Nicholas Keri E $455,625
Previous Owner Schroeder Jean O $250,000
Previous Owner Schroeder Jean O $68,500
Previous Owner Schroeder Jean O $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2014 04/30/14 Sold $1,350,000 +12.7% $390 / Sq Ft
04/02/2014 04/02/14 Pending -- -- --
03/03/2014 03/03/14 For Sale $1,198,000 -- $346 / 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 $21,139 $1,654,907 $1,348,446 $306,461
2023 $21,139 $1,590,646 $1,296,085 $294,561
2022 $19,743 $1,559,458 $1,270,672 $288,786
2021 $19,518 $1,528,881 $1,245,757 $283,124
2020 $19,233 $1,513,205 $1,232,984 $280,221
2019 $19,047 $1,483,535 $1,208,808 $274,727
2018 $18,407 $1,454,447 $1,185,106 $269,341
2017 $17,857 $1,425,929 $1,161,869 $264,060
2016 $17,456 $1,397,971 $1,139,088 $258,883
2015 $16,796 $1,376,973 $1,121,978 $254,995
2014 $10,839 $826,254 $413,127 $413,127
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81406503

MLSListings

APN: 060-282-360