NOT LISTED FOR SALE

1015 N Idaho St Unit N San Mateo, CA 94401

Lyon Hoag Neighborhood

Estimated Value: $1,551,000 - $2,746,957

5 Beds
3 Baths
2,598 Sq Ft
$788/Sq Ft Est. Value

Last Sold December 19, 2013

Last sale price $1,019,600 $392 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $12,635/month

42 Days on Market

Highlights

  • Marble Flooring
  • Forced Air Heating System
  • 1-Story Property
  • San Mateo High School Rated A+
  • Level Lot
  • 4-minute walk to Victoria Park

About This Home

As of December 2013

Maintained and remodeled duplex close to Downtown Burlingame! 3 Units * 2 Garages * 1 Carport * Low Expenses * Strong Leases * Nice Assemblage * Mature Trees * Easy Access to HWY 101 * Just 20 Miles South of San Francisco

Last Agent to Sell the Property

Debbie Sharp

KW Advisors License #01396790 Listed on: 10/14/2013

KW Advisors

Last Buyer's Agent

Tami Chiu

Coldwell Banker Realty License #01414538

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,157

Year Built

  • 1953

Lot Details

  • Level Lot

Parking

  • Carport

Home Design

  • Triplex

Interior Spaces

  • 2,598 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Flooring

  • Carpet
  • Marble

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $57,600
  • The owner pays for services - gardener/landscaping

Community Details

Overview

  • 2,598 Sq Ft Building

Building Details

  • Gardener Expense $840
  • Insurance Expense $700
  • Operating Expense $8,673
  • Gross Income $57,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,157

Year Built

1953

Lot Details

0

Listing Details

  • Zoning: RM0R3
  • Subclass: Triplex
  • Age: 60
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 392.46
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 3
  • Min Numberof Unitsin Complex: 3
  • Structure Sq Ft: 2598
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1953

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 2598
  • Stories: 1
  • Laundry: Laundry Area - In Unit
  • Flooring: Carpet - Wall To Wall, Marble, Carpet, Varies By Unit

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Carport

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7650.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7650.00
  • Lot Size Area Min Search: 7650.00
  • Maximum Lot Size: 7650.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr, More Than 1 Yr
  • Gross Rent Multiplier: 17.27

Multi Family

  • Expense Insurance: 700
  • Expense Landscape: 840
  • Expenses Total: 8673
  • Income Annual Gross: 57600.00
  • Income Annual Rental: 57600
  • Income Gross Scheduled: 57600
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener, Insurance, Fee - Property Tax
  • Owner Pays: Services - Gardener/Landscaping
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2013
Closed on
Dec 6, 2013
Sold by
Lai Debbie
Bought by
Chiu Tami L and Chiu Herbert
Seller's Agent
Debbie Sharp
KW Advisors
Buyer's Agent
Tami Chiu
Coldwell Banker Realty
List Price
$995,000
Sold Price
$1,019,600
Premium/Discount to List
$24,600
2.47%
Current Estimated Value
$2,046,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,026,889
Avg. Annual Appreciation
5.89%
Original Mortgage
$500,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2006
Sold by
Petrucci James L and Petrucci Deborah A
Bought by
Lai Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$687,200
Interest Rate
6.28%
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
Chiu Tami L $1,020,000 North American Title Co Inc
Lai Debbie $859,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herbert Chiu & Tami Luedtke Chiu 2005 Tr $483,000
Closed Chiu Tami L $500,000
Previous Owner Lai Debbie $638,000
Previous Owner Lai Debbie W $671,665
Previous Owner Lai Debbie $687,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2013 12/19/13 Sold $1,019,600 +2.5% $392 / Sq Ft
11/25/2013 11/25/13 Pending -- -- --
10/14/2013 10/14/13 For Sale $995,000 -- $383 / 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 $17,157 $1,249,876 $624,938 $624,938
2023 $17,157 $1,201,344 $600,672 $600,672
2022 $16,211 $1,177,790 $588,895 $588,895
2021 $15,987 $1,154,698 $577,349 $577,349
2020 $15,638 $1,142,858 $571,429 $571,429
2019 $14,607 $1,120,450 $560,225 $560,225
2018 $13,883 $1,098,482 $549,241 $549,241
2017 $13,649 $1,076,944 $538,472 $538,472
2016 $13,336 $1,055,828 $527,914 $527,914
2015 $13,008 $1,039,970 $519,985 $519,985
2014 $12,527 $1,019,600 $509,800 $509,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81337713

MLSListings

APN: 029-312-140