NOT LISTED FOR SALE

111 S Claremont St San Mateo, CA 94401

Downtown San Mateo Neighborhood

Estimated Value: $1,330,000 - $1,838,095

4 Beds
2 Baths
2,016 Sq Ft
$756/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $1,350,000 $670 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $9,884/month

72 Days on Market

Highlights

  • Forced Air Heating System
  • 2-minute walk to San Mateo
  • 1-Story Property
  • San Mateo High School Rated A+

About This Home

As of May 2022

This charming home is situated in the Eastern Addition San Mateo Downtown Area. Great San Mateo home feeds into some of the most desirable locations on the peninsula, less than a mile to Downtown San Mateo, close to Caltrain, and easy access to Highway 101 and San Francisco Airport. This house offers a spacious living room, bright kitchen, laundry room, front yard, and a backyard. The main floor of the house have had some remodels and also the bathroom upstairs had some updates.

Last Agent to Sell the Property

Stanley Lo

Green Banker Realty License #00874415 Listed on: 01/07/2022

Last Buyer's Agent

Cary Kletter

Lion's Gate Estates, Inc. License #01949540

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,402

Year Built

  • 1935

Lot Details

  • 4,400

Home Design

  • Duplex
  • Raised Foundation
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,016 Sq Ft Home
  • 1-Story Property

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Additional Features

  • 4,400 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $29,400

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gross Income $29,106

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,402

Year Built

1935

Lot Details

0

Listing Details

  • Zoning: CH0C42
  • Subclass: Duplex
  • Age: 87
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2016
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1935

Interior Features

  • Living Sq Ft: 2016
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter, Raised
  • Roof: Shingle

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Off-Street Parking, Parking Area

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Acres: 0.1010
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4400.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 45.92
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Income Annual Gross: 29106.00
  • Income Annual Rental: 29400
  • Income Gross Scheduled: 29400
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Loan - Mortgage
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2008
Sold by
Sinigayan Virginia R
Bought by
Sinigayan Virginia R and Virginia R Sinigayan Trust
Current Estimated Value
$1,525,024

Purchase Details

Closed on
Jul 26, 2004
Sold by
Ricardo Ernesto O
Bought by
Ricardo Ernesto O and Ricardo Luz A

Purchase Details

Closed on
Sep 3, 1999
Sold by
Sinigayan Virginia
Bought by
Sinigayan Virginia R and Sinigayan Ricardo Ernesto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Outstanding Balance
$55,181
Interest Rate
7.66%
Estimated Equity
$1,423,295

Purchase Details

Closed on
Sep 2, 1999
Sold by
Sinigayan Esberto L
Bought by
Sinigayan Virginia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Outstanding Balance
$55,181
Interest Rate
7.66%
Estimated Equity
$1,423,295
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sinigayan Virginia R -- None Available
Ricardo Ernesto O -- --
Sinigayan Virginia R -- Fidelity National Title Co
Sinigayan Virginia R -- Fidelity National Title Co
Sinigayan Esberto L -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sinigayan Esberto L $182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2022 05/11/22 Sold $1,350,000 0.0% $670 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $1,350,000 0.0% $670 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $1,350,000 -- $670 / 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 $18,402 $1,432,630 $1,061,208 $371,422
2023 $18,402 $1,377,000 $1,020,000 $357,000
2022 $5,966 $296,626 $90,487 $206,139
2021 $7,841 $290,811 $88,713 $202,098
2020 $6,870 $287,830 $87,804 $200,026
2019 $6,293 $282,187 $86,083 $196,104
2018 $5,683 $276,655 $84,396 $192,259
2017 $6,588 $271,232 $82,742 $188,490
2016 $6,193 $265,915 $81,120 $184,795
2015 $5,965 $261,922 $79,902 $182,020
2014 $5,215 $256,792 $78,337 $178,455
Source: Public Records

Agents Affiliated with this Home

  • Stanley Lo

    Seller's Agent in 2022

    Stanley Lo

    Green Banker Realty

    (650) 222-1045

    3 in this area

    396 Total Sales

    Section Image
  • Cary Kletter

    Buyer's Agent in 2022

    Cary Kletter

    Lion's Gate Estates, Inc.

    (415) 434-3400

    1 in this area

    2 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81873829

MLSListings

APN: 034-159-100

California San Mateo County San Mateo 94401 Downtown San Mateo

111 S Claremont St, San Mateo, CA

This home is located at 111 S Claremont St, San Mateo, CA 94401 since 07 January 2022 and is currently estimated at $1,525,024, approximately $756 per square foot. This property was built in 1935. 111 S Claremont St is a home located in San Mateo County with nearby schools including Laurel Elementary School, Abbott Middle School, and San Mateo High School.

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