NOT LISTED FOR SALE

Estimated Value: $1,630,000 - $2,297,305

4 Beds
2 Baths
2,609 Sq Ft
$740/Sq Ft Est. Value

Sale Details

Date Sold: October 16, 2012

Last sale price $815,000 $312 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $11,551 / mo

95 Days on Market

Highlights

  • Deck
  • Neighborhood Views
  • Community Playground
  • Hillsdale High School Rated A+
  • Balcony
  • Community Barbecue Grill

About This Home

As of October 2012

Westside San Mateo duplex on a tidy,tree-lined culdesac. Both units are two bedroom one bath units; one is the former owner's unit,1400 square feet with large balcony and built-ins. Both units have: fireplaces; one car garages; laundry hook-ups with washers and dryers included;remodeled kitchens;yards.13 King Court is downstairs,with 1200 square feet of comfortable floor plan.

Last Agent to Sell the Property

Thomas Lunkley

A.V.R. Realty, Inc. License #00907932 Listed on: 05/31/2012

Last Buyer's Agent

Emily Lim

RE/MAX Gold Redwood Shores License #00788579

RE/MAX Gold Redwood Shores

Property Details

Home Type

  • Multi-Family

Year Built

  • 1945

Lot Details

  • Level Lot
  • Sprinkler System

Home Design

  • Duplex

Interior Spaces

  • 2,609 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Parking

  • Covered Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Floor Furnace
  • Wall Furnace
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $46,800
  • The owner pays for services - gardener/landscaping

Community Details

Overview

  • 2,609 Sq Ft Building
  • Car Wash Area

Amenities

  • Community Barbecue Grill

Recreation

  • Community Playground

Building Details

  • Gardener Expense $960
  • Insurance Expense $2,700
  • Maintenance Expense $1,800
  • Manager Expense $2,800
  • Other Expense $500
  • Operating Expense $10,463
  • Gross Income $46,800

Property Details

Home Type

Multi-Family

Year Built

1945

Lot Details

5,489 Sq Ft Lot

Listing Details

  • Zoning: R200
  • Subclass: Duplex
  • Inspections Reports: Fault Zone, Pest Control, Flood Zone
  • Sale Price Per Sq Ft: 312.38
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 2609
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1945

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 2609
  • Stories: 2
  • Laundry: Washer/Dryer - Owned, Gas Hookup, In Garage
  • Flooring: Laminate, Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • View: Local/Neighborhood
  • Yard/Grounds: Sprinklers - Lawn, Balcony / Patio, Deck

Garage/Parking

  • Garage Parking Features: Common Parking Area, Off-Street Parking, Spaces Per Unit - 1

Utilities

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

Condo/Co-op/Association

  • HOA Amenities: Playground, Bbq Area, Car Wash Area

Lot Info

  • Lot Description: Grade - Level
  • Lot Location: Court
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5500.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5500.00
  • Lot Size Area Min Search: 5500.00
  • Maximum Lot Size: 5500.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.35
  • Min Rent2 Bed1 Bath: 1850

Multi Family

  • Expense Insurance: 2700
  • Expense Landscape: 960
  • Expense Maintenance: 1800
  • Expense Management: 2800
  • Expenses Other: 500
  • Expenses Total: 10463
  • Income Annual Gross: 46800.00
  • Income Annual Rental: 46800
  • Income Gross Scheduled: 46800
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Maximum Rent2 Bed1 Bath: 2150
  • Maximum Size2 Bed1 Bath: 1400
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener, Insurance, Maintenance - Repair, Fee - Property Management, Fee - Property Tax
  • Owner Pays: Services - Gardener/Landscaping
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric, Services - Trash Removal
  • Min Size2 Bed1 Bath: 1200

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2012
Closed on
Oct 8, 2012
Sold by
Bought by
Seller's Agent
Thomas Lunkley
A.V.R. Realty, Inc.
Buyer's Agent
Emily Lim
RE/MAX Gold Redwood Shores
List Price
$859,000
Sold Price
$815,000
Premium/Discount to List
-$44,000
-5.12%
Current Estimated Value
$1,929,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,114,826
Avg. Annual Appreciation
6.48%
Original Mortgage
$200,000
Outstanding Balance
$138,949
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$1,790,877

Purchase Details

Closed on
Sep 25, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
5.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2008
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$815,000 Old Republic Title Company
$735,000 First American Title Company
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $200,000
Previous Owner $365,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/16/2012 10/16/12 Sold $815,000 -5.1% $312 / Sq Ft
09/03/2012 09/03/12 Pending -- -- --
05/31/2012 05/31/12 For Sale $859,000 -- $329 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,265 $1,003,602 $501,801 $501,801
2023 $14,265 $964,632 $482,316 $482,316
2022 $13,743 $945,718 $472,859 $472,859
2021 $13,484 $927,176 $463,588 $463,588
2020 $12,539 $917,670 $458,835 $458,835
2019 $12,183 $899,678 $449,839 $449,839
2018 $11,307 $882,038 $441,019 $441,019
2017 $10,765 $864,744 $432,372 $432,372
2016 $10,541 $847,790 $423,895 $423,895
2015 $10,253 $835,056 $417,528 $417,528
2014 $9,986 $818,700 $409,350 $409,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81220455

MLSListings

APN: 042-161-270

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