NOT LISTED FOR SALE

Estimated Value: $2,283,000 - $3,339,399

-- Bed
3 Baths
3,750 Sq Ft
$713/Sq Ft Est. Value

Last Sold November 13, 2017

Last sale price $1,900,000 $507 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $16,404/month

5 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Forced Air Heating System
  • Arundel Elementary School Rated A

About This Home

As of November 2017

Both units completely updated. New garage doors and carpets being installed. Both units have very large one car garages. Level back yard patios. Unit 150 is 2 bedroom, 1 bath upstairs with a separate 1 bedroom, 1 bath downstairs all permitted. Fantastic San Carlos location. Walking distance to Laurel Street shops and restaurants.

Last Agent to Sell the Property

John Shroyer

Golden Gate Sotheby's International Realty License #00613370 Listed on: 09/22/2017

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Peter Vece

Golden Gate Sotheby's International Realty License #00472241

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,832

Year Built

  • 1947

Lot Details

  • 7,148

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,750 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven
  • Dishwasher

Additional Features

  • 7,148 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $39,600

Community Details

Overview

  • 3,750 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Insurance Expense $2,000
  • Operating Expense $16,460
  • Gross Income $39,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,832

Year Built

1947

Lot Details

0

Parking

1

Listing Details

  • Zoning: R30000
  • Subclass: Duplex
  • Age: 70
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3750
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1947

Interior Features

  • Kitchen: Dishwasher, Oven Range - Gas
  • Living Sq Ft: 3750
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Hardwood

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

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

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Acres: 0.1641
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7150.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7150.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 49.24
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2000
  • Expenses Total: 16460
  • Income Annual Gross: 39600.00
  • Income Annual Rental: 39600
  • Income Gross Scheduled: 39600
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2017
Closed on
Nov 9, 2017
Sold by
Gronsky Lidia and Test Arkady
Bought by
John P Figone Corporation
Seller's Agent
John Shroyer
Golden Gate Sotheby's International Realty
Buyer's Agent
Peter Vece
Golden Gate Sotheby's International Realty
List Price
$1,950,000
Sold Price
$1,900,000
Premium/Discount to List
-$50,000
-2.56%
Current Estimated Value
$2,672,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$772,350
Avg. Annual Appreciation
4.40%
Original Mortgage
$688,000
Outstanding Balance
$576,206
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,096,144

Purchase Details

Listed on
Sep 22, 2017
Closed on
Sep 29, 2017
Sold by
Gronsky Lidia
Bought by
Gronsky Lidia and Test Arkady
Seller's Agent
John Shroyer
Golden Gate Sotheby's International Realty
Buyer's Agent
Peter Vece
Golden Gate Sotheby's International Realty
List Price
$1,950,000
Sold Price
$1,900,000
Premium/Discount to List
-$50,000
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,000
Outstanding Balance
$576,206
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,096,144

Purchase Details

Closed on
Oct 1, 2003
Sold by
Test Arkady
Bought by
Gronsky Lidia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2003
Sold by
Kroeck Steven D
Bought by
Gronsky Lidia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 1998
Sold by
Kroeck Barbara A
Bought by
Kroeck Barbara A

Purchase Details

Closed on
Jan 21, 1998
Sold by
Duffy Louise and Kroeck Donald D
Bought by
Kroeck Barbara A

Purchase Details

Closed on
Dec 16, 1996
Sold by
Barbara Kroeck
Bought by
Kroeck Barbara
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
John P Figone Corporation $1,900,000 First American Title Company
Gronsky Lidia -- None Available
Gronsky Lidia -- Fidelity National Title Co
Gronsky Lidia $875,000 Fidelity National Title Co
Kroeck Barbara A -- --
Kroeck Barbara A $144,000 --
Kroeck Barbara -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open John P Figone Corporation $688,000
Previous Owner Gronsky Lidia $650,000
Closed Gronsky Lidia $181,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2017 11/13/17 Sold $1,900,000 -2.6% $507 / Sq Ft
09/28/2017 09/28/17 Pending -- -- --
09/22/2017 09/22/17 For Sale $1,950,000 -- $520 / 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 $26,832 $2,161,872 $1,763,634 $398,238
2023 $26,832 $2,077,925 $1,695,150 $382,775
2022 $25,228 $2,037,182 $1,661,912 $375,270
2021 $24,875 $1,997,238 $1,629,326 $367,912
2020 $24,604 $1,976,760 $1,612,620 $364,140
2019 $24,247 $1,938,000 $1,581,000 $357,000
2018 $23,612 $1,900,000 $1,550,000 $350,000
2017 $14,786 $1,109,060 $888,170 $220,890
2016 $14,460 $1,087,314 $870,755 $216,559
2015 $14,413 $1,070,983 $857,676 $213,307
2014 $13,963 $1,050,006 $840,876 $209,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81679074

MLSListings

APN: 045-312-040