NOT LISTED FOR SALE

Estimated Value: $2,003,000 - $2,726,979

4 Beds
4 Baths
2,615 Sq Ft
$873/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $2,065,000 $790 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $14,363/month

79 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Walk-In Closet
  • Hillsdale High School Rated A+
  • 2 Car Detached Garage
  • Laundry Room

About This Home

As of July 2021

Excellent opportunity for those seeking investment or owner occupancy & income. Owners have lovingly cared for this duplex with hardwood floors, remodeled kitchens and bathrooms. Both units have 2 spacious bedrooms and 1 full bath upstairs and 1/2 bath downstairs, custom cabinets, granite counters and quality appliances, living room with fireplace, separate laundry room, two-car garage w/lots of storage. Walk score of 96. Conveniently located near acclaimed schools, popular 25th Avenue, dog friendly parks, and commuter routes. Unit now vacant. Show and sell!

Last Agent to Sell the Property

Marsha Kunz

Intero Real Estate Services License #01212949 Listed on: 04/10/2021

Intero Real Estate Services

Last Buyer's Agent

Emily Lim

RE/MAX Gold Redwood Shores. License #00788579

RE/MAX Gold Redwood Shores.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,561

Year Built

  • 1946

Lot Details

  • 5,123 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Grass Covered Lot
  • Back Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Walk-In Closet
  • 2,615 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Gas Oven
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • Tankless Water Heater

Listing and Financial Details

  • Total Actual Rent $38,400

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $3,824
  • Insurance Expense $1,314
  • Maintenance Expense $912
  • Other Expense $1,960
  • Utility Expense $256
  • Trash Expense $1
  • Operating Expense $16,258
  • Gross Income $38,016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,561

Year Built

1946

Lot Details

0

Parking

2

Listing Details

  • Zoning: RM0000
  • Subclass: Duplex
  • Age: 75
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2615
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1946

Interior Features

  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven - Gas, Refrigerator
  • Living Sq Ft: 2615
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Hardwood
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter, Post And Pier
  • Roof: Shingle
  • Yard/Grounds: Back Yard, Fenced, Low Maintenance, Sprinklers - Lawn
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Acres: 0.1176
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5124.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5124.00

Green Features

  • Energy Features: Tankless Water Heater

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 58.20
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters
  • Expense Insurance: 1314
  • Expense Landscape: 3824
  • Expense Maintenance: 912
  • Expenses Other: 1960
  • Expenses Total: 16258
  • Expenses Utility: 256
  • Expense Trash: 1
  • Income Annual Gross: 38016.00
  • Income Annual Rental: 38400
  • Income Gross Scheduled: 38400
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Exterminator, Services - Gardener
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2021
Closed on
Jul 30, 2021
Sold by
Armstrong Lord John
Bought by
Lord 1997 Trust
Seller's Agent
Marsha Kunz
Intero Real Estate Services
Buyer's Agent
Emily Lim
RE/MAX Gold Redwood Shores.
List Price
$2,235,000
Sold Price
$2,065,000
Premium/Discount to List
-$170,000
-7.61%
Current Estimated Value
$2,282,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,495
Avg. Annual Appreciation
2.39%
Original Mortgage
$1,652,000
Outstanding Balance
$1,502,180
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$780,315

Purchase Details

Listed on
Apr 10, 2021
Closed on
Jul 23, 2021
Sold by
Sydorak Gerald R and Sydorak Oksanna A
Bought by
Mark Alexander James and Mark Stephanie Renee
Seller's Agent
Marsha Kunz
Intero Real Estate Services
Buyer's Agent
Emily Lim
RE/MAX Gold Redwood Shores.
List Price
$2,235,000
Sold Price
$2,065,000
Premium/Discount to List
-$170,000
-7.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,652,000
Outstanding Balance
$1,502,180
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$780,315

Purchase Details

Closed on
Nov 6, 2006
Sold by
Sydorak Gerald R and Sydorak Oksanna A
Bought by
Sydorak Gerald R and Sydorak Oksanna A

Purchase Details

Closed on
Jun 6, 1997
Sold by
Lord Kate W
Bought by
Lord John A and Lord Kate W
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
Lord 1997 Trust -- --
Mark Alexander James $2,065,000 Fidelity National Title Co
Sydorak Gerald R -- None Available
Lord John A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lord 1997 Trust $1,652,000
Closed Mark Alexander James $1,652,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $2,065,000 -7.6% $790 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
04/10/2021 04/10/21 For Sale $2,235,000 -- $855 / 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 $27,561 $2,191,393 $1,443,242 $748,151
2023 $27,561 $2,106,300 $1,387,200 $719,100
2022 $26,285 $2,065,000 $1,360,000 $705,000
2021 $8,049 $487,514 $146,247 $341,267
2020 $7,992 $482,516 $144,748 $337,768
2019 $7,422 $473,056 $141,910 $331,146
2018 $6,901 $463,781 $139,128 $324,653
2017 $6,562 $454,688 $136,400 $318,288
2016 $6,357 $445,774 $133,726 $312,048
2015 $6,421 $439,079 $131,718 $307,361
2014 $6,271 $430,479 $129,138 $301,341
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81838426

MLSListings

APN: 039-382-010