NOT LISTED FOR SALE

1302 Maple St San Mateo, CA 94402

Hayward Park Neighborhood

Estimated Value: $2,402,000 - $3,157,938

4 Beds
4 Baths
3,470 Sq Ft
$757/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $2,075,000 $598 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $16,089/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Granite Countertops
  • Laundry Room
  • Baywood Elementary School Rated A
  • 4 Car Attached Garage
  • Forced Air Heating System

About This Home

As of February 2021

First time on the market, near Downtown San Mateo and Central Park, this remodeled duplex with 3,470+/- sq. ft. consisting of privately situated, 3-bedroom, 2.5-bath, two-level unit and the upper-level, street-front unit with 1-bedroom and 1-bath. The separately metered units(PGE , water and garbage) with laundry and two-car garages include light and bright interior living spaces with hardwood floors and/or carpeting, granite and tile finishes, stainless steel appliances, breakfast bars, sliding glass doors, a balcony or patio, and one unit with a fireplace. Midway between San Francisco and Silicon Valley, this property is in a central San Mateo location near shopping, amenities, restaurants, entertainment and sought-after schools, including Baywood Elementary, Borel Middle and Aragon High (buyer to verify eligibility). The building is a block from public transit and convenient to Highways 92 and 101 for accessing the entire Bay Area..

Last Agent to Sell the Property

Brett Barron

Capital Realty Group License #00893787 Listed on: 02/01/2021

Co-Listed By

Stephen Johnson

Capital Realty Group License #02036895

Property Details

Home Type

  • Multi-Family

Year Built

  • 1984

Lot Details

  • 5,001 Sq Ft Lot
  • Level Lot
  • Back Yard

Parking

  • 4 Car Attached Garage
  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,470 Sq Ft Home
  • 2-Story Property

Kitchen

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

Flooring

  • Carpet
  • Laminate

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $81,600

Community Details

Overview

  • 3,470 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gardener Expense $960
  • Insurance Expense $1,945
  • Operating Expense $28,205
  • Gross Income $81,600

Property Details

Home Type

Multi-Family

Year Built

1984

Lot Details

0

Parking

4

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Style: Traditional
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3470
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1984

Interior Features

  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Oven - Gas, Refrigerator
  • Living Sq Ft: 3470
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, On Street

Utilities

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

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1148
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Security Deposit
  • Gross Rent Multiplier: 28.19
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1945
  • Expense Landscape: 960
  • Expenses Total: 28205
  • Income Annual Gross: 81600.00
  • Income Annual Rental: 81600
  • Income Gross Scheduled: 81600
  • Income Includes: Lease
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Services - Gardener
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Feb 17, 2021
Sold by
Root Lisa A
Bought by
Lee Grace and Grace Lee Living Trust
Seller's Agent
Brett Barron
Capital Realty Group
List Price
$2,300,000
Sold Price
$2,075,000
Premium/Discount to List
-$225,000
-9.78%
Current Estimated Value
$2,626,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$551,235
Avg. Annual Appreciation
4.96%

Purchase Details

Closed on
May 11, 2019
Sold by
The Coruccini Family Trust
Bought by
Root Lisa A

Purchase Details

Closed on
Sep 9, 2016
Sold by
Coruccini Robert A
Bought by
Coruccini Robert A

Purchase Details

Closed on
May 20, 2009
Sold by
Coruccini Robert A and Coruccini Lina L
Bought by
Coruccini Robert A and Coruccini Lina L

Purchase Details

Closed on
Oct 1, 2001
Sold by
Coruccini Robert A and Coruccini Lina L
Bought by
Coruccini Robert A and Coruccini Lina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.9%

Purchase Details

Closed on
Apr 5, 2000
Sold by
Coruccini Robert A and Coruccini Lina L
Bought by
Coruccini Robert A and Coruccini Lina L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lee Grace $2,075,000 Chicago Title Company
Root Lisa A -- None Available
Coruccini Robert A -- None Available
Coruccini Robert A -- None Available
Coruccini Robert A -- Chicago Title Co
Coruccini Robert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coruccini Robert A $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2021 02/19/21 Sold $2,075,000 -9.8% $598 / Sq Ft
02/06/2021 02/06/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $2,300,000 -- $663 / 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 $28,284 $2,246,045 $1,515,404 $730,641
2023 $28,284 $2,158,830 $1,456,560 $702,270
2022 $27,423 $2,116,500 $1,428,000 $688,500
2021 $8,310 $481,645 $159,705 $321,940
2020 $7,816 $476,707 $158,068 $318,639
2019 $7,849 $467,361 $154,969 $312,392
2018 $6,976 $458,198 $151,931 $306,267
2017 $6,309 $449,214 $148,952 $300,262
2016 $6,351 $440,407 $146,032 $294,375
2015 $5,838 $433,793 $143,839 $289,954
2014 $5,878 $425,297 $141,022 $284,275
Source: Public Records

Agents Affiliated with this Home

  • Brett Barron

    Seller's Agent in 2021

    Brett Barron

    Capital Realty Group

    (650) 342-0373

    1 in this area

    38 Total Sales

    Brett Barron
    Section Image
  • Stephen Johnson

    Seller Co-Listing Agent in 2021

    Stephen Johnson

    Capital Realty Group

    (650) 802-7780

    1 in this area

    19 Total Sales

    Stephen Johnson
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81827954

MLSListings

APN: 034-374-090

California San Mateo County San Mateo 94402 Hayward Park

1302 Maple St, San Mateo, CA

Not Listed for Sale

MultiFamily

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