NOT LISTED FOR SALE

Estimated Value: $1,074,000 - $1,273,000

4 Beds
2 Baths
2,168 Sq Ft
$543/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $660,000 $304 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $7,245/month

6 Days on Market

About This Home

As of February 2014

Outstanding condition! New kitchens, bathrooms, laundry rooms,carpets and paint. Dual pane windows and new outside paint. Lower unit has the back yard.

Last Agent to Sell the Property

Larry Mueller

RE/MAX Gold Redwood Shores. License #00341576 Listed on: 02/03/2014

Last Buyer's Agent

Larry Mueller

RE/MAX Gold Redwood Shores. License #00341576 Listed on: 02/03/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,146

Year Built

  • 1963

Lot Details

  • Lot Sloped Up

Parking

  • Covered Parking

Home Design

  • Duplex
  • Tar and Gravel Roof

Interior Spaces

  • 2,168 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Carpet
  • Vinyl

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $36,000

Community Details

Overview

  • 2,168 Sq Ft Building

Building Details

  • Insurance Expense $2,000
  • Operating Expense $10,230
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,146

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: R300
  • Subclass: Duplex
  • Age: 51
  • Inspections Reports: Geological/Flood, Pest Control
  • Sale Price Per Sq Ft: 304.43
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 2168
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 2168
  • Stories: 2
  • Laundry: Laundry Area - In All Units
  • Flooring: Carpet - Area, Vinyl / Linoleum, Carpet

Exterior Features

  • Roof: Tar And Gravel
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Common Parking Area

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: South San Francisco Unified

Lot Info

  • Lot Description: Grade - Sloped Up
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2500.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 2500.00
  • Lot Size Area Min Search: 2500.00
  • Maximum Lot Size: 2500.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.75
  • Min Rent2 Bed1 Bath: 1450

Multi Family

  • Expense Insurance: 2000
  • Expenses Total: 10230
  • Income Annual Gross: 36000.00
  • Income Annual Rental: 36000
  • Income Gross Scheduled: 36000
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Maximum Rent2 Bed1 Bath: 1550
  • Maximum Size2 Bed1 Bath: 889
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Fee - Property Tax
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric, Services - Trash Removal
  • Min Size2 Bed1 Bath: 889

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2014
Closed on
Feb 27, 2014
Sold by
Alexander John W and Alexander Melba B
Bought by
Yu Family Trust and Yu Irene Ping H
Seller's Agent
Larry Mueller
RE/MAX Gold Redwood Shores.
Buyer's Agent
Larry Mueller
RE/MAX Gold Redwood Shores.
List Price
$675,000
Sold Price
$660,000
Premium/Discount to List
-$15,000
-2.22%
Current Estimated Value
$1,176,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$516,588
Avg. Annual Appreciation
5.16%

Purchase Details

Closed on
Aug 30, 2006
Sold by
Alexander John W and Alexander Melba B
Bought by
Alexander John W and Alexander Melba B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.43%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 10, 2002
Sold by
Alexander John W and Alexander Melba B
Bought by
Alexander John W and Alexander Melba B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
5.5%

Purchase Details

Closed on
Aug 26, 2002
Sold by
Elsineitti Robin
Bought by
Elsineitti Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
5.5%

Purchase Details

Closed on
Aug 14, 2002
Sold by
Elsineitti Gina
Bought by
Alexander John W and Alexander Melba B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
5.5%

Purchase Details

Closed on
Jun 13, 1997
Sold by
Joseph El Sineitti and Elsineitti Gina
Bought by
Elsineitti Gina and The Gina El Sineitti Living Trust

Purchase Details

Closed on
Aug 30, 1996
Sold by
Elsineitti Gina
Bought by
Elsineitti Gina and The Gina Elsineitti Living Trust
Source: Public Records

Range of Values:

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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
Yu Family Trust $660,000 First American Title Company
Alexander John W -- Fidelity National Title Co
Alexander John W -- Fidelity National Title Co
Alexander John W -- Old Republic Title Company
Elsineitti Joseph -- Old Republic Title Company
Alexander John W $585,000 Old Republic Title Company
Elsineitti Gina -- --
Elsineitti Gina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alexander John W $125,000
Previous Owner Alexander John W $452,000
Previous Owner Alexander John W $468,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $660,000 -2.2% $304 / Sq Ft
02/09/2014 02/09/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $675,000 -- $311 / 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 $10,146 $809,058 $404,529 $404,529
2023 $10,146 $777,644 $388,822 $388,822
2022 $9,436 $762,398 $381,199 $381,199
2021 $9,308 $747,450 $373,725 $373,725
2020 $9,189 $739,786 $369,893 $369,893
2019 $9,097 $725,282 $362,641 $362,641
2018 $8,884 $711,062 $355,531 $355,531
2017 $8,630 $697,120 $348,560 $348,560
2016 $8,412 $683,452 $341,726 $341,726
2015 $8,275 $673,186 $336,593 $336,593
2014 $8,465 $691,158 $345,579 $345,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81403182

MLSListings

APN: 012-093-080