NOT LISTED FOR SALE

1064 Laurel St San Carlos, CA 94070

Howard Park Neighborhood

Estimated Value: $2,829,000 - $3,308,263

7 Beds
6 Baths
2,700 Sq Ft
$1,150/Sq Ft Est. Value

Last Sold March 02, 2018

Last sale price $2,150,000 $796 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $19,036/month

7 Days on Market

Highlights

  • 1 Fireplace
  • Skylights
  • Gated Home
  • Brittan Acres Elementary School Rated A
  • Forced Air Heating System
  • Dining Area

About This Home

As of March 2018

This is a spacious updated home that has been used as a residential care home for the last 25 years. The home is now vacant, but could be used as a turn key residential care home. The property is located in the busy downtown area of San Carlos. The lot and building size would lend themselves to many uses other than a care home if so desired.

Last Agent to Sell the Property

Vince Cardinale

KW Bay Area Living License #00613818 Listed on: 01/18/2018

KW Bay Area Living

Last Buyer's Agent

Vince Cardinale

KW Bay Area Living License #00613818 Listed on: 01/18/2018

KW Bay Area Living

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,928

Year Built

  • Built in 1940

Lot Details

  • 5,998 Sq Ft Lot
  • Gated Home
  • Property is Fully Fenced
  • Zoning described as MUN

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,700 Sq Ft Home
  • 1-Story Property
  • Skylights
  • 1 Fireplace
  • Dining Area
  • Laundry in unit

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 7 Bedrooms

Parking

  • On-Street Parking
  • Off-Site Parking

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 051-347-120

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,928

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 78
  • Listing Class: Residential
  • Structure Sq Ft: 2700
  • Year Built: 1940
  • Zoning Description: MUN
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Living Sq Ft: 2700
  • Stories: 1
  • Laundry: Inside
  • Flooring: Carpet, Laminate
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 7
  • Minimum Numberof Bedrooms: 7
  • Full Bathrooms: 2
  • Half Bathrooms: 4
  • Total Bedrooms: 7
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Fencing: Complete Perimeter, Gate
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Parking Features: Off-Site Parking, On Street

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public, Sewer in Street

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 051-347-120
  • Lot Acres: 0.1377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2018
Closed on
Feb 28, 2018
Sold by
Mendichi Louis A and Lee Carmen O
Bought by
Peninsula Elderly Care Home Laurel Llc
Seller's Agent
Vince Cardinale
KW Bay Area Living
Buyer's Agent
Vince Cardinale
KW Bay Area Living
List Price
$1,595,000
Sold Price
$2,150,000
Premium/Discount to List
$555,000
34.8%
Current Estimated Value
$3,036,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$886,399
Avg. Annual Appreciation
5.05%
Original Mortgage
$1,800,000
Outstanding Balance
$1,533,304
Interest Rate
4.04%
Mortgage Type
Commercial
Estimated Equity
$1,571,012

Purchase Details

Closed on
Dec 15, 2004
Sold by
Mendichi Louis A and Lee Carmen O
Bought by
Mendichi Louis A and Lee Carmen O

Purchase Details

Closed on
Sep 22, 2004
Sold by
Mendichi Louis A and Lee Carmen O
Bought by
Mendichi Louis A and Lee Carmen O

Purchase Details

Closed on
Mar 29, 2004
Sold by
Mendichi Loui Sa and Lee Carmen O
Bought by
Mendichi Louis A and Lee Carmen O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.37%
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
Peninsula Elderly Care Home Laurel Llc $2,150,000 Old Republic Title Co
Mendichi Louis A -- --
Mendichi Louis A -- --
Mendichi Louis A -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peninsula Elderly Care Home Laurel Llc $1,800,000
Previous Owner Mendichi Louis A $400,000
Previous Owner Mendichi Louis A $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2018 03/02/18 Sold $2,150,000 +34.8% $796 / Sq Ft
01/26/2018 01/26/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $1,595,000 -- $591 / 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 $28,928 $2,446,330 $1,712,431 $733,899
2023 $28,928 $2,351,337 $1,645,936 $705,401
2022 $27,153 $2,305,233 $1,613,663 $691,570
2021 $26,810 $2,260,033 $1,582,023 $678,010
2020 $26,558 $2,236,860 $1,565,802 $671,058
2019 $26,218 $2,193,000 $1,535,100 $657,900
2018 $7,768 $561,978 $229,887 $332,091
2017 $7,650 $550,960 $225,380 $325,580
2016 $7,475 $540,158 $220,961 $319,197
2015 $7,451 $532,045 $217,642 $314,403
2014 $7,184 $521,624 $213,379 $308,245
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2018

    Vince Cardinale

    KW Bay Area Living

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Map

Source: MLSListings

MLS Number: ML81689465

MLSListings

APN: 051-347-120

California San Mateo County San Carlos 94070 Howard Park

1064 Laurel St, San Carlos, CA

This home is located at 1064 Laurel St, San Carlos, CA 94070 since 18 January 2018 and is currently estimated at $3,104,316, approximately $1,149 per square foot. This property was built in 1940. 1064 Laurel St is a home located in San Mateo County with nearby schools including Brittan Acres Elementary School, Central Middle School, and Sequoia High School.

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