NOT LISTED FOR SALE

Estimated Value: $2,447,000 - $3,110,357

5 Beds
4 Baths
3,730 Sq Ft
$714/Sq Ft Est. Value

Last Sold February 22, 2017

Last sale price $1,875,000 $503 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $16,483/month

230 Days on Market

Highlights

  • Wood Flooring
  • Garden View
  • Forced Air Heating System
  • Highlands Elementary School Rated A-
  • 2 Car Attached Garage
  • Washer and Dryer

About This Home

As of February 2017

Price reduced for quick sale! Gorgeous Duplex in desirable Laurelwood location. Each unit has a fire place in the living room. One unit has 3 bedroom and 1.5 bath, second unit has 2 bedroom and 1.5 bath. The three bedroom has a very cute back yard and the two bedroom has a patio. Each unit has a washer/dryer. Close to shopping and transportation.

Last Agent to Sell the Property

Mijgon Ferozy

eXp Realty of California License #01342283 Listed on: 06/10/2016

eXp Realty of California

Last Buyer's Agent

Cheryl Price

Compass License #00521033

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,422

Year Built

  • 1970

Lot Details

  • 6,186 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Composition Roof
  • Fiberglass Roof

Interior Spaces

  • 3,730 Sq Ft Home
  • 1-Story Property
  • Garden Views
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Utilities

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

Listing and Financial Details

  • Total Actual Rent $82,800

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $2,300
  • Maintenance Expense $80
  • Operating Expense $22,660
  • Gross Income $82,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,422

Year Built

1970

Lot Details

0

Parking

2

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Age: 46
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3730
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1970

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 3730
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood

Exterior Features

  • Roof: Composition, Fiberglass
  • View: Garden / Greenbelt

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air

Schools

  • School District: San Mateo Union High
  • Elementary School: Highlands Elementary
  • High School: Hillsdale High
  • High School: 641
  • Elementary School: 640

Lot Info

  • Lot Acres: 0.1420
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6198.59
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6198.59

Rental Info

  • Gross Rent Multiplier: 24.15
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 2300
  • Expense Maintenance: 80
  • Expenses Total: 22660
  • Income Annual Gross: 82800.00
  • Income Annual Rental: 82800
  • Income Gross Scheduled: 82800
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Maintenance - Repair, Services - Gardener
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2018
Sold by
Cook Peter A and The Peter Allen Cook Living Tr
Bought by
Cook Peter A and The Peter Allen Cook Living Tr
Current Estimated Value
$2,664,839

Purchase Details

Listed on
Jun 10, 2016
Closed on
Feb 6, 2017
Sold by
S M Tran 11 Llc
Bought by
Cook Peter A and Peter Allen Cook Living Trust
Seller's Agent
Mijgon Ferozy
eXp Realty of California
Buyer's Agent
Cheryl Price
Compass
List Price
$2,259,000
Sold Price
$1,875,000
Premium/Discount to List
-$384,000
-17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.04%

Purchase Details

Listed on
Apr 10, 2014
Closed on
May 5, 2014
Sold by
Avelar Linda J
Bought by
S M Tran Ii Llc
Seller's Agent
Michelle Dominge
Intero Real Estate Services
Buyer's Agent
Robin Neydavoud
Edward Sorensen, Broker
List Price
$1,628,000
Sold Price
$1,628,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.19%

Purchase Details

Closed on
Mar 25, 2013
Sold by
Dominge Benjamin
Bought by
Avelar Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,598
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2007
Sold by
Dominge Benjamin and Dominge Edith J
Bought by
Dominge Benjamin and Dominge Edith J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2002
Sold by
Dominge Benjamin and Dominge Edith J
Bought by
Dominge Benjamin and Dominge Edith J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
4.62%

Purchase Details

Closed on
Jul 16, 2001
Sold by
Dominge Benjamin and Dominge Edith J
Bought by
Dominge Benjamin and Dominge Edith J

Purchase Details

Closed on
Mar 1, 1994
Sold by
Dominge Benjamin and Dominge Edith J
Bought by
Dominge Benjamin and Dominge Edith J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.83%

Purchase Details

Closed on
Jan 18, 1994
Sold by
Dominge Benjamin and Dominge Edith J
Bought by
Dominge Benjamin and Dominge Edith J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.83%
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
Cook Peter A -- None Available
Cook Peter A $1,875,000 Fidelity National Title Co
S M Tran Ii Llc $1,628,000 Old Republic Title Company
Avelar Linda J -- North American Title Co Inc
Dominge Benjamin -- North American Title Co Inc
Dominge Benjamin -- None Available
Dominge Benjamin -- None Available
Dominge Benjamin -- North American Title Company
Dominge Benjamin -- North American Title Company
Dominge Benjamin -- --
Dominge Benjamin -- Commonwealth Land Title Co
Dominge Benjamin -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dominge Benjamin $69,598
Previous Owner Dominge Benjamin $72,000
Previous Owner Dominge Benjamin $86,000
Previous Owner Dominge Benjamin $65,000
Previous Owner Dominge Benjamin $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2017 02/22/17 Sold $1,875,000 -6.2% $503 / Sq Ft
01/27/2017 01/27/17 Pending -- -- --
10/31/2016 10/31/16 Price Changed $1,999,999 -7.4% $536 / Sq Ft
08/23/2016 08/23/16 Price Changed $2,159,000 -4.4% $579 / Sq Ft
06/10/2016 06/10/16 For Sale $2,259,000 +38.8% $606 / Sq Ft
05/09/2014 05/09/14 Sold $1,628,000 0.0% $436 / Sq Ft
04/29/2014 04/29/14 Pending -- -- --
04/10/2014 04/10/14 For Sale $1,628,000 -- $436 / 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 $27,422 $2,176,093 $1,160,584 $1,015,509
2023 $27,422 $2,091,595 $1,115,518 $976,077
2022 $26,560 $2,050,585 $1,093,646 $956,939
2021 $25,502 $2,010,378 $1,072,202 $938,176
2020 $24,982 $1,989,765 $1,061,208 $928,557
2019 $23,990 $1,950,750 $1,040,400 $910,350
2018 $23,300 $1,912,500 $1,020,000 $892,500
2017 $20,877 $1,719,564 $859,782 $859,782
2016 $20,052 $1,685,848 $842,924 $842,924
2015 $20,281 $1,660,526 $830,263 $830,263
2014 $3,864 $186,248 $47,045 $139,203
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81589981

MLSListings

APN: 041-302-220