NOT LISTED FOR SALE

107 E Moltke St Daly City, CA 94014

Hillside Neighborhood

Estimated Value: $1,485,912 - $1,851,000

4 Beds
4 Baths
3,799 Sq Ft
$441/Sq Ft Est. Value

Last Sold November 15, 2017

Last sale price $1,258,000 $331 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $10,553/month

1 Day on Market

About This Home

As of November 2017

This home is located at 107 E Moltke St, Daly City, CA 94014 since 06 September 2017 and is currently estimated at $1,674,978, approximately $440 per square foot. This property was built in 1953. 107 E Moltke St is a home located in San Mateo County with nearby schools including John F. Kennedy Elementary School, Thomas R. Pollicita Middle School, and Jefferson High School.

Last Agent to Sell the Property

Nicholas Bocci

Bocci Realty, Richard J. License #01391677 Listed on: 09/06/2017

Last Buyer's Agent

Victor Makras

Makras Real Estate License #00555201

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,127

Year Built

  • 1953

Lot Details

  • 2,326 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Quadruplex
  • Bitumen Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,799 Sq Ft Home
  • 3-Story Property

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $63,600

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $400
  • Insurance Expense $2,500
  • Maintenance Expense $5,000
  • Utility Expense $221
  • Trash Expense $2,396
  • Operating Expense $25,631
  • Gross Income $63,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,127

Year Built

1953

Lot Details

0

Parking

1

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 64
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3799
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1953

Interior Features

  • Living Sq Ft: 3799
  • Stories: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Bitumen

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Jefferson Union High

Lot Info

  • Lot Acres: 0.0534
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2325.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2325.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 20.27
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 2500
  • Expense Landscape: 400
  • Expense Maintenance: 5000
  • Expenses Total: 25631
  • Expenses Utility: 221
  • Expense Trash: 2396
  • Income Annual Gross: 63600.00
  • Income Annual Rental: 63600
  • Income Gross Scheduled: 63600
  • Income Includes: Rents
  • Meters: Separate Common Area, Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Other Taxes, Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Services - Janitor, Services - Sewer, Utilities - Electric
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2017
Closed on
Nov 16, 2017
Sold by
Ferrari Andrew and Andrew Ferrari Exempt Trust
Bought by
Korbes Andreas G
Seller's Agent
Nicholas Bocci
Bocci Realty, Richard J.
Buyer's Agent
Victor Makras
Makras Real Estate
List Price
$1,288,000
Sold Price
$1,258,000
Premium/Discount to List
-$30,000
-2.33%
Current Estimated Value
$1,674,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,978
Avg. Annual Appreciation
3.75%
Original Mortgage
$200,000
Outstanding Balance
$168,081
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,506,897

Purchase Details

Closed on
Aug 29, 2011
Sold by
Ferrari Andrew
Bought by
Ferrari Andrew S

Purchase Details

Closed on
Dec 19, 2008
Sold by
Ferrari Diana J
Bought by
Ferrari Diana June

Purchase Details

Closed on
Jun 15, 2005
Sold by
Ferrari Mildred and Ferrari Andrew
Bought by
Ferrari Family Investments Lp

Purchase Details

Closed on
May 25, 1999
Sold by
Mildred Ferrari
Bought by
Ferrari Mildred
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
Korbes Andreas G $1,258,000 Old Republic Title Company
Ferrari Andrew S -- None Available
Ferrari Diana June -- None Available
Ferrari Andrew -- None Available
Ferrari Family Management Llc -- None Available
Ferrari Family Investments Lp -- --
Ferrari Andrew -- --
Ferrari Mildred -- --
Ferrari Mildred -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korbes Andreas G $200,000
Previous Owner Ferrari Andrew S $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2017 11/15/17 Sold $1,258,000 -2.3% $331 / Sq Ft
09/07/2017 09/07/17 Pending -- -- --
09/06/2017 09/06/17 For Sale $1,288,000 -- $339 / 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 $17,127 $1,431,384 $512,020 $919,364
2023 $17,127 $1,375,804 $492,139 $883,665
2022 $17,484 $1,348,829 $482,490 $866,339
2021 $17,000 $1,322,382 $473,030 $849,352
2020 $16,416 $1,308,823 $468,180 $840,643
2019 $16,438 $1,283,160 $459,000 $824,160
2018 $15,654 $1,258,000 $450,000 $808,000
2017 $2,921 $107,061 $25,302 $81,759
2016 $2,913 $104,962 $24,806 $80,156
2015 $2,595 $103,386 $24,434 $78,952
2014 $2,487 $101,362 $23,956 $77,406
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2017

    Nicholas Bocci

    Bocci Realty, Richard J.

  • V

    Buyer's Agent in 2017

    Victor Makras

    Makras Real Estate

See All Agents

Map

Source: MLSListings

MLS Number: ML81675968

MLSListings

APN: 003-434-190

California San Mateo County Daly City 94014 Hillside

107 E Moltke St, Daly City, CA

This home is located at 107 E Moltke St, Daly City, CA 94014 since 06 September 2017 and is currently estimated at $1,674,978, approximately $440 per square foot. This property was built in 1953. 107 E Moltke St is a home located in San Mateo County with nearby schools including John F. Kennedy Elementary School, Thomas R. Pollicita Middle School, and Jefferson High School.

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