NOT LISTED FOR SALE

Estimated Value: $1,894,000 - $3,306,733

7 Beds
4 Baths
3,407 Sq Ft
$695/Sq Ft Est. Value

Last Sold March 04, 2015

Last sale price $1,485,000 $436 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $14,345/month

25 Days on Market

Highlights

  • Contemporary Architecture
  • 2 Car Detached Garage
  • Washer and Dryer
  • Aragon High School Rated A+
  • Forced Air Heating System

About This Home

As of March 2015

Opportunity Knocks on this centrally located San Mateo Duplex. 3,407 sq.ft. of living space is divided into 2 sun-drenched residences.The Entire property has been professionally painted. The Owner Occupied Lower Unit has 4 bds/2 updated bths & incl:Updated kitchen w/new cntrtops,Solid wood cabinets,New fixtures & lighting,W&D(incl),& Large backyard w/GreenHouse.The Leased Upstairs Unit has 3 bds/2 updated bths & incl: updtd kitchen, W&D (incl),& new large redwood deck. There is also a 2 car detached garage.

Last Agent to Sell the Property

Alan Canas

Golden Gate Sotheby's International Realty License #01793936 Listed on: 01/06/2015

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Rosario Wong

Century 21 Realty Alliance License #01124939

Property Details

Home Type

  • Multi-Family

Year Built

  • 1929

Lot Details

  • 6,534

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,407 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Additional Features

  • 6,534 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $34,800

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $1
  • Insurance Expense $100
  • Maintenance Expense $100
  • Manager Expense $12
  • Other Expense $2
  • Utility Expense $1,000
  • Trash Expense $1
  • Operating Expense $12,005
  • Gross Income $34,800

Property Details

Home Type

Multi-Family

Year Built

1929

Lot Details

6,534 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Style: Contemporary
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3407
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1929

Interior Features

  • Living Sq Ft: 3407
  • Stories: 2
  • Laundry: Washer / Dryer

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 3
  • Garage Parking Features: Common Parking Area, Detached Garage

Utilities

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

Lot Info

  • Lot Description: Regular
  • Lot Acres: 0.1500
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6533.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6533.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 45.98
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 100
  • Expense Landscape: 1
  • Expense Maintenance: 100
  • Expense Management: 12
  • Expenses Other: 2
  • Expenses Total: 12005
  • Expenses Utility: 1000
  • Expense Trash: 1
  • Income Annual Rental: 34800
  • Income Gross Scheduled: 34800
  • Income Includes: Rents
  • Meters: Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Loan - Mortgage
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2015
Closed on
Feb 19, 2015
Sold by
Claitor Elizabeth M and Gonzalez Elizabeth M
Bought by
Zhang Jian Wei and Duan Yuhong
Seller's Agent
Alan Canas
Golden Gate Sotheby's International Realty
Buyer's Agent
Rosario Wong
Century 21 Realty Alliance
List Price
$1,600,000
Sold Price
$1,485,000
Premium/Discount to List
-$115,000
-7.19%
Current Estimated Value
$2,366,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$881,433
Avg. Annual Appreciation
4.30%

Purchase Details

Closed on
May 12, 2012
Sold by
Gonzalez Elizabeth M and Gonzalez Oscar I
Bought by
Gonzalez Elizabeth M

Purchase Details

Closed on
Jun 23, 2006
Sold by
Gonzalez Oscar I and Gonzalez Elizabeth M
Bought by
Gonzalez Oscar I and Gonzalez Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
7.62%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 27, 2004
Sold by
Gonzalez Oscar I and Gonzalez Elizabeth M
Bought by
Gonzalez Oscar I and Gonzalez Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2004
Sold by
Gonzales Oscar I and Gonzales Elizabeth M
Bought by
Gonzales Oscar I and Gonzales Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$604,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2003
Sold by
Russell Robert John
Bought by
Gonzalez Oscar I and Gonzalez Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$604,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 1996
Sold by
Russell Jenifer R
Bought by
Russell Robert J

Purchase Details

Closed on
Dec 17, 1993
Sold by
Russell Robert J and Russell Jenifer R
Bought by
Russell Robert J and Russell Jenifer R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
7.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zhang Jian Wei $1,485,000 Fidelity National Title Co
Gonzalez Elizabeth M -- None Available
Gonzalez Oscar I -- North American Title Company
Gonzalez Oscar I -- Fidelity National Title
Gonzales Oscar I -- Chicago Title Insurance Comp
Gonzalez Oscar I $755,000 Fidelity National Title Co
Russell Robert J -- --
Russell Robert J -- --
Russell Robert J -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Oscar I $900,000
Previous Owner Gonzalez Oscar I $690,000
Previous Owner Gonzales Oscar I $604,000
Previous Owner Gonzalez Oscar I $604,000
Previous Owner Russell Robert J $218,000
Closed Gonzalez Oscar I $46,000
Closed Gonzales Oscar I $75,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2015 03/04/15 Sold $1,485,000 -7.2% $436 / Sq Ft
01/31/2015 01/31/15 Pending -- -- --
01/06/2015 01/06/15 For Sale $1,600,000 -- $470 / 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 $22,763 $1,784,740 $892,370 $892,370
2023 $22,763 $1,715,438 $857,719 $857,719
2022 $22,593 $1,681,802 $840,901 $840,901
2021 $21,402 $1,648,826 $824,413 $824,413
2020 $20,599 $1,631,920 $815,960 $815,960
2019 $19,938 $1,599,922 $799,961 $799,961
2018 $19,434 $1,568,552 $784,276 $784,276
2017 $18,928 $1,537,798 $768,899 $768,899
2016 $18,061 $1,507,646 $753,823 $753,823
2015 $11,408 $893,162 $591,500 $301,662
2014 $11,690 $875,667 $579,914 $295,753
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81446158

MLSListings

APN: 039-060-730

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