NOT LISTED FOR SALE

Estimated Value: $1,840,000 - $2,764,410

4 Beds
2 Baths
1,598 Sq Ft
$1,465/Sq Ft Est. Value

Last Sold November 06, 2015

Last sale price $1,425,000 $892 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $13,931/month

2 Days on Market

Highlights

  • 2 Car Detached Garage
  • 5-minute walk to Menlo Park
  • 1-Story Property
  • Encinal Elementary School Rated A
  • Forced Air Heating System

About This Home

As of November 2015

Wonderful duplex walk to downtown in minutes. Great location tree lined street a great opportunity. Two one car garages. Must see

Last Agent to Sell the Property

Vincent O'Shea

Ameribanker Luxury Real Estate License #01396416 Listed on: 09/29/2015

Last Buyer's Agent

Vincent O'Shea

Ameribanker Luxury Real Estate License #01396416 Listed on: 09/29/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • 1944

Lot Details

  • 5,706

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,598 Sq Ft Home
  • 1-Story Property
  • Security Lights

Additional Features

  • 5,706 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $72,000

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $175
  • Insurance Expense $1,000
  • Maintenance Expense $100
  • Utility Expense $188
  • Trash Expense $80
  • Operating Expense $13,543
  • Gross Income $72,000

Property Details

Home Type

Multi-Family

Year Built

1944

Lot Details

5,706 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: 2
  • Subclass: Duplex
  • Style: Ranch
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1598
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1944

Interior Features

  • Living Sq Ft: 1598
  • Stories: 1
  • Security: Security Lights

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.1310
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5720.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5720.00

Rental Info

  • Gross Rent Multiplier: 19.43
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1000
  • Expense Landscape: 175
  • Expense Maintenance: 100
  • Expenses Total: 13543
  • Expenses Utility: 188
  • Expense Trash: 80
  • Income Annual Rental: 72000
  • Income Gross Scheduled: 72000
  • Income Includes: Lease, Parking, Rents
  • Meters: Master Gas, Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2015
Closed on
Nov 4, 2015
Sold by
Dotson Gay Lynne
Bought by
The Don Sung & Tsai Chen Hsieh Living Tr and Hsieh Tsai Chen
Seller's Agent
Vincent O'Shea
Ameribanker Luxury Real Estate
Buyer's Agent
Vincent O'Shea
Ameribanker Luxury Real Estate
List Price
$1,399,000
Sold Price
$1,425,000
Premium/Discount to List
$26,000
1.86%
Current Estimated Value
$2,341,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$916,603
Avg. Annual Appreciation
4.95%
Original Mortgage
$997,500
Outstanding Balance
$769,895
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,571,708

Purchase Details

Closed on
Apr 13, 2005
Sold by
Strange Daniel Lee
Bought by
Strange Daniel Lee and Dotson Gay Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2004
Sold by
Strange Daniel Lee
Bought by
Strange Daniel Lee and Dotson Gay Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2004
Sold by
Strange Daniel Lee and Dotson Gay Lynne
Bought by
Strange Daniel Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2004
Sold by
Dotson Gay Lynne
Bought by
Strange Daniel Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2003
Sold by
Strange Daniel L
Bought by
Strange Daniel Lee and Dotson Gay Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.75%

Purchase Details

Closed on
Feb 10, 2003
Sold by
Lopez Guerra Oscar E and Lopez Guerra Eileen B
Bought by
Strange Daniel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.75%

Purchase Details

Closed on
Feb 6, 2003
Sold by
Dotson Strange Gay
Bought by
Strange Daniel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.75%

Purchase Details

Closed on
Mar 15, 2002
Sold by
Bruflat Iver and Bruflt Patricia L
Bought by
Lopez Guerra Oscar E and Lopez Guerra Eileen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,750
Interest Rate
7.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The Don Sung & Tsai Chen Hsieh Living Tr $1,425,000 Old Republic Title Company
Strange Daniel Lee -- Financial Title Company
Strange Daniel Lee -- Financial Title Company
Strange Daniel Lee -- Financial Title Company
Strange Daniel Lee -- Financial Title Company
Strange Daniel Lee -- Financial Title Company
Strange Daniel Lee -- Financial Title Company
Strange Daniel Lee -- --
Strange Daniel L $860,000 Fidelity National Title
Strange Daniel L -- Fidelity National Title
Lopez Guerra Oscar E $805,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Don Sung & Tsai Chen Hsieh Living Tr $997,500
Previous Owner Strange Daniel Lee $359,000
Previous Owner Strange Daniel Lee $357,000
Previous Owner Strange Daniel Lee $357,000
Previous Owner Strange Daniel Lee $357,000
Previous Owner Strange Daniel L $360,000
Previous Owner Lopez Guerra Oscar E $603,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2015 11/06/15 Sold $1,425,000 +1.9% $892 / Sq Ft
10/02/2015 10/02/15 Pending -- -- --
09/29/2015 09/29/15 For Sale $1,399,000 -- $875 / Sq Ft
Source: MLSListings

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 $22,411 $1,686,905 $1,195,633 $491,272
2023 $22,411 $1,621,403 $1,149,206 $472,197
2022 $21,323 $1,589,612 $1,126,673 $462,939
2021 $20,805 $1,558,444 $1,104,582 $453,862
2020 $20,641 $1,542,465 $1,093,256 $449,209
2019 $20,318 $1,512,221 $1,071,820 $440,401
2018 $19,790 $1,482,570 $1,050,804 $431,766
2017 $19,434 $1,453,500 $1,030,200 $423,300
2016 $18,844 $1,425,000 $1,010,000 $415,000
2015 $14,489 $1,036,369 $813,433 $222,936
2014 $14,145 $1,016,068 $797,499 $218,569
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81516705

MLSListings

APN: 061-383-070

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