P
Seller's Agent in 2021
Patrick Lam
CENTURY 21 Masters
117 N Eldorado St San Mateo, CA 94401
North Central Neighborhood
4
Beds
3
Baths
2,315
Sq Ft
5,998
Sq Ft Lot
Highlights
- Craftsman Architecture
- Forced Air Heating System
- 2-minute walk to Martin Luther King Community Park
- Highlands Elementary School Rated A-
- Carpet
About This Home
As of October 2021Location, location, location! This property has two diamond in the rough detached units and zoned for R2 Multi Residence! Both currently rented for half of the market rent for the area! Front home is 3 bedroom and 1 1/2 bath, 1,790 sq ft, back 1 bedroom and 1 bath unit is roughly 525 sq ft. Remodel the homes and increase the rent, remove and rebuild! Live in front and rent the back! Possibilities are ENDLESS!! Award winning schools! Highland Elementary, Borel Middle, and San Mateo High School! Just 1 block to Martin Luther King Community Center and Park, less than 5 minutes to Highway 101, so close to Highway 92 and 2 blocks to El Camino! 3 blocks to Caltrain! Easy commute to SF and SJ. Perfect investment opportunity with so many options. This gem is waiting for you!
Last Agent to Sell the Property
RE/MAX Realty Partners License #01377140 Listed on: 08/14/2017
Last Buyer's Agent
Patrick Lam
CENTURY 21 Masters License #01764668
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $22,428
Year Built
- 1900
Home Design
- Duplex
- Craftsman Architecture
- Wood Frame Construction
- Rolled or Hot Mop Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,315 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Laminate
- Vinyl
Parking
- 6 Parking Spaces
- 2 Carport Spaces
- No Garage
Additional Features
- 5,998 Sq Ft Lot
- Forced Air Heating System
Listing and Financial Details
- Total Actual Rent $28,800
Community Details
Overview
- 2,315 Sq Ft Building
Building Details
- 1 Leased Unit
- Insurance Expense $16,800
- Maintenance Expense $12,000
- Operating Expense $31,579
- Gross Income $28,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 25, 2023
Sold by
Ng Jin Li
Bought by
Jin Li Ng Living Trust and Ng
Current Estimated Value
Purchase Details
Listed on
Jul 9, 2021
Closed on
Oct 15, 2021
Sold by
Hu Andrea
Bought by
Ng Jin Li
Seller's Agent
Patrick Lam
CENTURY 21 Masters
List Price
$1,688,000
Sold Price
$1,740,000
Premium/Discount to List
$52,000
3.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.91%
Original Mortgage
$1,392,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 14, 2017
Closed on
Oct 30, 2017
Sold by
Evans Debbra Denise
Bought by
Hu Andrea
Seller's Agent
Robin Bezanson
RE/MAX Realty Partners
Buyer's Agent
Patrick Lam
CENTURY 21 Masters
List Price
$1,299,000
Sold Price
$1,200,000
Premium/Discount to List
-$99,000
-7.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.76%
Purchase Details
Closed on
Feb 27, 2007
Sold by
Banks John E and Banks Audrey Mae
Bought by
Evans Debbra Denise
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Feb 27, 2006
Sold by
Banks John E and Banks Audrey Mae
Bought by
Banks John E and Banks Audrey Mae
Purchase Details
Closed on
Apr 21, 2005
Sold by
Banks John and Banks Audrey
Bought by
Banks John E and Banks Audrey Mae
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 18, 2003
Sold by
Banks John and Banks Audrey
Bought by
Banks John and Banks Audrey
Purchase Details
Closed on
Jun 20, 1997
Sold by
Banks John E and Mae Audrey
Bought by
Banks John Edward and Banks Audrey Mae
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
7.91%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Grant Deed | $1,740,000 | Fidelity National Title Co | |
| Grant Deed | $1,200,000 | Stewart Title Of Ca Inc | |
| Interfamily Deed Transfer | -- | Ticor Title Company Of Ca | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,392,000 | New Conventional | |
| Previous Owner | $508,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $487,500 | Purchase Money Mortgage | |
| Previous Owner | $73,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/28/2021 10/28/21 | Sold | $1,740,000 | +3.1% | $670 / Sq Ft |
| 09/21/2021 09/21/21 | Pending | -- | -- | -- |
| 09/02/2021 09/02/21 | For Sale | $1,688,000 | 0.0% | $650 / Sq Ft |
| 09/02/2021 09/02/21 | Price Changed | $1,688,000 | -0.4% | $650 / Sq Ft |
| 08/25/2021 08/25/21 | Pending | -- | -- | -- |
| 07/30/2021 07/30/21 | Price Changed | $1,695,000 | -2.5% | $653 / Sq Ft |
| 07/09/2021 07/09/21 | For Sale | $1,739,000 | +44.9% | $670 / Sq Ft |
| 11/03/2017 11/03/17 | Sold | $1,200,000 | -7.6% | $518 / Sq Ft |
| 10/06/2017 10/06/17 | Pending | -- | -- | -- |
| 08/14/2017 08/14/17 | For Sale | $1,299,000 | -- | $561 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $22,428 | $1,846,501 | $1,135,492 | $711,009 |
| 2023 | $22,428 | $1,774,800 | $1,091,400 | $683,400 |
| 2022 | $21,080 | $1,740,000 | $1,070,000 | $670,000 |
| 2021 | $18,870 | $1,538,878 | $1,077,458 | $461,420 |
| 2020 | $15,718 | $1,248,480 | $1,066,410 | $182,070 |
| 2019 | $15,321 | $1,224,000 | $1,045,500 | $178,500 |
| 2018 | $14,279 | $1,200,000 | $1,025,000 | $175,000 |
| 2017 | $2,490 | $130,703 | $15,825 | $114,878 |
| 2016 | $2,779 | $128,141 | $15,515 | $112,626 |
| 2015 | $2,698 | $126,217 | $15,282 | $110,935 |
| 2014 | $2,937 | $123,745 | $14,983 | $108,762 |
Source: Public Records
Agents Affiliated with this Home
-
-
Robin Bezanson
Seller's Agent in 2017
Robin Bezanson
RE/MAX
(408) 892-5763
59 Total Sales
-
C
Buyer's Agent in 2017
Carlos Diaz
eXp Realty of California, Inc
Map
Source: MLSListings
MLS Number: ML81673941
APN: 032-305-090
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