NOT LISTED FOR SALE

116 Madrone Ave South San Francisco, CA 94080

Downtown South San Francis Neighborhood

Estimated Value: $1,428,000 - $1,591,000

5 Beds
3 Baths
2,810 Sq Ft
$545/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $1,425,000 $507 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,579/month

82 Days on Market

Highlights

  • Primary Bedroom Suite
  • City Lights View
  • Granite Countertops
  • South San Francisco High School Rated A-
  • 2 Fireplaces
  • Bathtub with Shower

About This Home

As of February 2024

Get ready, because this is a really special property that's been the pride of this family for several generations. Not to mention...what an incredible opportunity it is! Upstairs is a 5 bedroom home with updated kitchen and new appliances, fresh paint and carpet. Large primary suite! 2 bathrooms up. Downstairs is a separate 3 bedroom apartment/in law with a kitchen and full bath. It's a perfect AirBnB unit and the possibilities for large families is unlimited. Close to all things SSF and BioTech. It has such a great legacy and will undoubtedly serve the next owners very well for the next set of generations. Don't miss it.

Last Agent to Sell the Property

Jim Minkey

Golden Gate Sotheby's International Realty License #01073312 Listed on: 11/14/2023

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Shawnna Sullivan

Coldwell Banker Realty License #00856563

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,782

Year Built

  • Built in 1956

Lot Details

  • 3,798 Sq Ft Lot
  • Zoning described as R20000

Parking

  • 2 Car Garage

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Rolled or Hot Mop Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,810 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in Garage
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 012-093-200

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,782

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 67
  • Listing Class: Residential
  • Structure Sq Ft: 2810
  • Year Built: 1956
  • Zoning Description: R20000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining "L"
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Oven - Gas, Oven Range - Gas, Pantry, Refrigerator
  • Living Sq Ft: 2810
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, More than One Bedroom on Ground Floor, Primary Suite / Retreat
  • Laundry: In Garage, Washer / Dryer
  • Flooring: Carpet, Laminate, Tile, Vinyl / Linoleum
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Bathroom: Full on Ground Floor, Showers over Tubs - 2+, Tubs - 2+, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Rolled Composition
  • View: City Lights, Neighborhood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air, Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: South San Francisco Unified

Lot Info

  • Parcel Number: 012-093-200
  • Lot Acres: 0.0872
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3800.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3800.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: South San Francisco Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2023
Closed on
Feb 12, 2024
Sold by
Sandra Beenhwee Khaw Living Trust
Bought by
Vine Timothy J
Seller's Agent
Jim Minkey
Golden Gate Sotheby's International Realty
Buyer's Agent
Shawnna Sullivan
Coldwell Banker Realty
List Price
$1,525,000
Sold Price
$1,425,000
Premium/Discount to List
-$100,000
-6.56%
Views
460
Current Estimated Value
$1,532,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,026
Avg. Annual Appreciation
3.14%
Original Mortgage
$800,000
Outstanding Balance
$787,444
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$706,167

Purchase Details

Listed on
Nov 14, 2023
Closed on
Feb 6, 2024
Sold by
Michael Khaw And Jennifer Khaw Revocable
Bought by
Sandra Beenhwee Khaw Revocable Living Trust and Khaw
Seller's Agent
Jim Minkey
Golden Gate Sotheby's International Realty
Buyer's Agent
Shawnna Sullivan
Coldwell Banker Realty
List Price
$1,525,000
Sold Price
$1,425,000
Premium/Discount to List
-$100,000
-6.56%
Views
460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$787,444
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$706,167

Purchase Details

Closed on
Jul 3, 2019
Sold by
Khaw Michael and Sandra Beenhwee Khaw Living Tr
Bought by
Khaw Michael and Khaw Jennifer R

Purchase Details

Closed on
May 10, 2019
Sold by
Khaw Andrew T Y and Tan Cherry Teng
Bought by
Khaw Family Revocable Living Trust

Purchase Details

Closed on
Mar 27, 2019
Sold by
Khaw Michael and Okamoto Linda
Bought by
Khaw Michael and Okamoto Linda

Purchase Details

Closed on
Jun 9, 2018
Sold by
Khaw Sandra B and The Sandra B Khaw Living Trust
Bought by
Khaw Sandra Beenhawee and The Sandra Beenhawee Khaw Revo

Purchase Details

Closed on
Feb 1, 2003
Sold by
Khaw Sandra B H
Bought by
The Sandra B H Khaw Living Trust and Khaw Sandra B H
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
Vine Timothy J $1,425,000 Lawyers Title Company
Sandra Beenhwee Khaw Revocable Living Trust -- Lawyers Title Company
Khaw Michael -- None Available
Khaw Family Revocable Living Trust -- None Available
Khaw Michael -- None Available
Khaw Sandra Beenhawee -- None Available
The Sandra B H Khaw Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vine Timothy J $800,000
Previous Owner The Sandra B H Khaw Living Trust $200,000
Previous Owner The Sandra B H Khaw Living Trust $142,000
Previous Owner Khaw Sandra B H $100,000
Previous Owner Khaw Sandra B H $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $1,425,000 -4.2% $507 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
01/03/2024 01/03/24 Price Changed $1,488,000 -2.4% $530 / Sq Ft
11/14/2023 11/14/23 For Sale $1,525,000 -- $543 / 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 $14,782 $1,453,500 $693,600 $759,900
2023 $14,782 $1,254,472 $621,875 $632,597
2022 $13,729 $1,229,876 $609,682 $620,194
2021 $13,556 $1,205,762 $597,728 $608,034
2020 $13,392 $1,193,400 $591,600 $601,800
2019 $4,738 $378,242 $159,220 $219,022
2018 $4,626 $370,827 $156,099 $214,728
2017 $4,490 $363,557 $153,039 $210,518
2016 $4,365 $356,430 $150,039 $206,391
2015 $4,292 $351,077 $147,786 $203,291
2014 $4,195 $344,201 $144,892 $199,309
Source: Public Records

Agents Affiliated with this Home

  • Jim Minkey

    Seller's Agent in 2024

    Jim Minkey

    Golden Gate Sotheby's International Realty

    (650) 576-1732

    1 in this area

    85 Total Sales

    Jim Minkey
    Section Image
  • Shawnna Sullivan

    Buyer's Agent in 2024

    Shawnna Sullivan

    Coldwell Banker Realty

    (650) 716-7303

    1 in this area

    45 Total Sales

    Shawnna Sullivan
    Section Image
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Map

Source: MLSListings

MLS Number: ML81947912

MLSListings

APN: 012-093-200

California San Mateo County South San Francisco 94080 Downtown South San Francis

116 Madrone Ave, South San Francisco, CA

This home is located at 116 Madrone Ave, South San Francisco, CA 94080 since 14 November 2023 and is currently estimated at $1,532,026, approximately $545 per square foot. This property was built in 1956. 116 Madrone Ave is a home located in San Mateo County with nearby schools including Martin Elementary School, Parkway Heights Middle School, and South San Francisco High School.

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