NOT LISTED FOR SALE

Estimated Value: $2,093,090 - $2,343,000

6 Beds
4 Baths
3,310 Sq Ft
$676/Sq Ft Est. Value

Last Sold July 24, 2015

Last sale price $1,405,000 $424 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $13,597/month

31 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • Carpet
  • Aragon High School Rated A+

About This Home

As of July 2015

Centrally located San Mateo duplex. Two free standing structures. Front unit has 2 bedrooms, formal living and dining rooms, updated kitchen and bath. Large rear unit features 4 bedrooms, 2.5 baths, L/R, D/R, F/R, updated kitchen and a MBR suite with private balcony. Two car garage plus carport. Great investment opportunity, or live in one unit and rent the other.

Last Agent to Sell the Property

Peter Vece

Golden Gate Sotheby's International Realty License #00472241 Listed on: 05/21/2015

Last Buyer's Agent

Milana Ostroy

Coldwell Banker Realty License #01398893

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1937

Lot Details

  • 6,708 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces

Home Design

  • 3,310 Sq Ft Home
  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Flooring

  • Carpet
  • Laminate
  • Vinyl

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $63,000
  • Month-to-Month Lease Term

Community Details

Overview

  • 3,310 Sq Ft Building

Building Details

  • 2 Leased Units
  • Insurance Expense $2,741
  • Operating Expense $9,854
  • Gross Income $61,110

Property Details

Home Type

Multi-Family

Year Built

1937

Lot Details

6,708 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3310
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1937

Interior Features

  • Living Sq Ft: 3310
  • Flooring: Carpet, Laminate, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Acres: 0.1540
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6700.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6700.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 22.14
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 2741
  • Expenses Total: 9854
  • Income Annual Gross: 61110.00
  • Income Annual Rental: 63000
  • Income Gross Scheduled: 63000
  • Meters: Separate Electric
  • Number Of Buildings: 2
  • Operating Expenses Include: Insurance
  • Vacancy Factor: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2015
Closed on
Jul 13, 2015
Sold by
Petrini Martha Lena
Bought by
Salins Sheldon K and Salins Natasha
Seller's Agent
Peter Vece
Golden Gate Sotheby's International Realty
Buyer's Agent
Milana Ostroy
Coldwell Banker Realty
List Price
$1,395,000
Sold Price
$1,405,000
Premium/Discount to List
$10,000
0.72%
Current Estimated Value
$2,236,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$831,363
Avg. Annual Appreciation
4.45%
Original Mortgage
$913,250
Outstanding Balance
$715,811
Interest Rate
4.01%
Mortgage Type
Commercial
Estimated Equity
$1,520,552

Purchase Details

Closed on
Apr 10, 2008
Sold by
Petrini Martha L
Bought by
Petrini Martha Lena

Purchase Details

Closed on
Oct 15, 2004
Sold by
Endicott Mark
Bought by
Petrini Martha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,000
Interest Rate
4.21%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 19, 1998
Sold by
Erminio Petrini
Bought by
Petrini Martha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 3, 1995
Sold by
Russell Robert J and Russell Jenifer R
Bought by
Petrini Martha L and Petrini Erminio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.37%
Mortgage Type
Commercial
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Salins Sheldon K $1,405,000 First American Title Company
Petrini Martha Lena -- None Available
Petrini Martha L -- North American Title Company
Petrini Martha L -- First American Title Co
Petrini Martha L $385,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salins Sheldon K $913,250
Previous Owner Petrini Martha L $605,000
Previous Owner Petrini Martha L $335,000
Previous Owner Petrini Martha L $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2015 07/24/15 Sold $1,405,000 +0.7% $424 / Sq Ft
06/21/2015 06/21/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $1,395,000 -- $421 / 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 $21,999 $1,663,226 $831,613 $831,613
2023 $21,999 $1,598,642 $799,321 $799,321
2022 $20,612 $1,567,298 $783,649 $783,649
2021 $20,029 $1,536,568 $768,284 $768,284
2020 $19,133 $1,520,814 $760,407 $760,407
2019 $18,997 $1,490,996 $745,498 $745,498
2018 $17,879 $1,461,762 $730,881 $730,881
2017 $17,435 $1,433,100 $716,550 $716,550
2016 $16,999 $1,405,000 $702,500 $702,500
2015 $7,116 $532,160 $266,080 $266,080
2014 $7,113 $521,736 $260,868 $260,868
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81469661

MLSListings

APN: 039-151-030

Your Personal Tour Guide

Ask me questions while you tour the home.