$1,398,000
SOLD OCT 15, 2024
-- Bed
-- Bath
1,694 Sq Ft
5,349 Sq Ft Lot

Recently Sold

$825 Per Sq Ft

25 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • ENERGY STAR Qualified Appliances
  • San Mateo High School Rated A+
  • 2 Car Detached Garage
  • Fenced

About This Home

As of October 2024

Welcome to 1115 State Street in San Mateo. This fine "Duplex" property contains (2) 2-bedroom, 1-bathroom units and is currently being sold by the Gelini Family Trust. Originally built in 1952, this property has had many quality upgrades and improvements, including recent Ge stainless steel appliances, refinished hardwood floors, all new kitchen in the front unit #1115 and many upgrades to plumbing, electrical, sewer lateral, etc. This property has easy access to HWY 101, Coyote Point, Parks, Schools and shopping. Conveniently located between Downtown Burlingame and Downtown San Mateo-off Peninsula Avenue. Live in one unit and rent out the other. Or, purchase as an investment. Contact Listing Agents for disclosures and more property details.

Last Agent to Sell the Property

Ken Constantino

Compass License #00992653 Listed on: 08/19/2024

Compass

Co-Listed By

Gillian Kilroy

Compass License #02139321

Last Buyer's Agent

Crystal Huang

KW Advisors East Bay License #01903748

KW Advisors East Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,641

Year Built

  • 1952

Lot Details

  • 5,349 Sq Ft Lot
  • Fenced
  • Level Lot
  • Sprinklers on Timer
  • Grass Covered Lot
  • Back Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,694 Sq Ft Home
  • 1-Story Property
  • ENERGY STAR Qualified Appliances

Flooring

  • Wood
  • Laminate
  • Tile

Outdoor Features

  • Barbecue Area

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter
  • Sewer Within 50 Feet

Community Details

Overview

Building Details

  • Insurance Expense $1,000
  • Other Expense $1,000
  • Utility Expense $1,100
  • Operating Expense $9,430

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,641

Year Built

1952

Lot Details

0

Parking

2

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Style: Traditional
  • Age: 72
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1694
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Interior Features

  • Living Sq Ft: 1694
  • Stories: 1
  • Flooring: Hardwood, Laminate, Tile

Exterior Features

  • Foundation: Concrete Perimeter, Post And Pier
  • Roof: Composition
  • Yard/Grounds: Back Yard, Bbq Area, Fenced, Low Maintenance, Sprinklers - Auto
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

  • Heating System: Gas, Wall Furnace
  • Sewer/Septic System: Sewer In Street

Schools

  • School District: San Mateo Union High
  • Elementary School: College Park Elementary
  • Middle School: Bayside Middle
  • High School: San Mateo High
  • High School: 672
  • Elementary School: 1045
  • Middle School: 607

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1228
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5350.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5350.00

Green Features

  • Energy Features: Energy Star Appliances

Rental Info

  • Existing Lease Term(s): Building Vacant

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1000
  • Expenses Other: 1000
  • Expenses Total: 9430
  • Expenses Utility: 1100
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Vacancy Factor: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2024
Closed on
Oct 1, 2024
Sold by
Gelini Family Trust and Delodovici Cynthia
Bought by
Hong Kelly and Hong Victor Zexiong
Seller's Agent
Ken Constantino
Compass
Buyer's Agent
Crystal Huang
KW Advisors East Bay
List Price
$1,398,000
Sold Price
$1,398,000
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$415,000
Outstanding Balance
$411,449
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$1,060,898

Purchase Details

Closed on
May 5, 1995
Sold by
Fung William L
Bought by
Gelini Frank P and Gelini Doris M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.47%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,398,000 Fidelity National Title Compan
Grant Deed $200,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $415,000 New Conventional
Previous Owner $160,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 For Rent $4,200 0.0% --
10/15/2024 10/15/24 Sold $1,398,000 0.0% $825 / Sq Ft
09/14/2024 09/14/24 Pending -- -- --
08/19/2024 08/19/24 For Sale $1,398,000 -- $825 / 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 $17,641 $1,040,342 $662,292 $378,050
2023 $17,641 $322,867 $96,853 $226,014
2022 $6,051 $316,537 $94,954 $221,583
2021 $5,744 $310,332 $93,093 $217,239
2020 $5,462 $307,151 $92,139 $215,012
2019 $5,425 $301,130 $90,333 $210,797
2018 $4,904 $295,226 $88,562 $206,664
2017 $4,859 $289,438 $86,826 $202,612
2016 $4,396 $283,764 $85,124 $198,640
2015 $4,437 $279,503 $83,846 $195,657
2014 $4,561 $274,029 $82,204 $191,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81977261

MLSListings

APN: 033-023-120