NOT LISTED FOR SALE

1510 El Camino Real San Carlos, CA 94070

El Sereno Corte Neighborhood

Estimated Value: $2,194,965

2 Beds
4 Baths
2,400 Sq Ft
$915/Sq Ft Est. Value

Last Sold December 08, 2016

Last sale price $1,400,000 $583 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $13,281/month

113 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Granite Countertops
  • White Oaks Elementary School Rated A
  • High Ceiling
  • 1 Car Attached Garage

About This Home

As of December 2016

Endless Possibilities! Live! Work! Great San Carlos Location! Rare, new construction retail, office or restaurant space w/residential unit. Abundant natural light fills the top floor 2bd/2ba unit with high ceilings and skylights. Modern kitchen and baths! Upgraded with gleaming hardwood floors, dual pane windows, air conditioning. Large balcony off the living/kitchen and bedrooms areas for outdoor enjoyment. 1 car garage and rear parking too! Main level has 1200 sf retail, office or restaurant space. Contemplate the possibilities! (buyer to verify use w/ City of San Carlos)

Last Agent to Sell the Property

Carmen Miranda

Compass License #01065975 Listed on: 07/16/2016

Compass

Co-Listed By

David Cauchi

Compass License #01356588

Compass

Last Buyer's Agent

David Cauchi

Compass License #01356588

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,724

Year Built

  • 2016

Lot Details

  • 2,526 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • Walk-In Closet
  • 2,400 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights in Kitchen
  • Double Pane Windows
  • Washer and Dryer

Kitchen

  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Utilities

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

Listing and Financial Details

  • Total Actual Rent $92,400

Community Details

Overview

Building Details

  • Insurance Expense $1,000
  • Operating Expense $18,000
  • Gross Income $87,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,724

Year Built

2016

Lot Details

0

Parking

1

Listing Details

  • Zoning: MU SB
  • Subclass: Multiple Dwellings / Structures
  • Style: Contemporary
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2400
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2016

Interior Features

  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Built-In, Gas, Refrigerator, Skylight
  • Living Sq Ft: 2400
  • Stories: 2
  • Laundry: Hookups Only, Washer/Dryer - Some Units
  • Flooring: Hardwood, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Metal
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-In Closet

Schools

  • School District: Sequoia Union High
  • Elementary School: White Oaks Elementary
  • Middle School: Central Middle
  • High School: Sequoia High
  • High School: 674
  • Elementary School: 680
  • Middle School: 619

Lot Info

  • Lot Acres: 0.0580
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2526.48
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2526.48

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Gross Rent Multiplier: 18.94

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1000
  • Expenses Total: 18000
  • Income Annual Gross: 87780.00
  • Income Annual Rental: 92400
  • Income Gross Scheduled: 92400
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Loan - Principle & Interest
  • Tenant Expenses: Services - Sewer, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2016
Closed on
Dec 6, 2016
Sold by
Buenrostro Bulmaro and Buenrostro Lucia
Bought by
Rkm Property Llc
Seller's Agent
Carmen Miranda
Compass
Buyer's Agent
David Cauchi
Compass
List Price
$1,750,000
Sold Price
$1,400,000
Premium/Discount to List
-$350,000
-20%
Current Estimated Value
$2,194,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$794,965
Avg. Annual Appreciation
5.23%
Original Mortgage
$1,000,000
Outstanding Balance
$806,233
Interest Rate
3.47%
Mortgage Type
Commercial
Estimated Equity
$1,388,732

Purchase Details

Closed on
Mar 18, 2011
Sold by
Buenrostro Bulmaro and Buenrostro Lucia
Bought by
Buenrostro Bulmaro and Buenrostro Lucia

Purchase Details

Closed on
Jun 1, 2009
Sold by
Ingersoll Ira W
Bought by
Buenrostro Bulmaro and Buenrostro Lucia
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
Rkm Property Llc $1,400,000 Fidelity National Title Co
Buenrostro Bulmaro -- None Available
Buenrostro Bulmaro $100,000 Fidelity National Title Co O
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rkm Property Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2016 12/08/16 Sold $1,400,000 -20.0% $583 / Sq Ft
11/07/2016 11/07/16 Pending -- -- --
07/16/2016 07/16/16 For Sale $1,750,000 -- $729 / 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 $19,724 $1,624,814 $731,166 $893,648
2023 $19,724 $1,561,723 $702,775 $858,948
2022 $19,695 $1,531,102 $688,996 $842,106
2021 $19,401 $1,501,082 $675,487 $825,595
2020 $19,366 $1,485,691 $668,561 $817,130
2019 $18,979 $1,456,560 $655,452 $801,108
2018 $18,352 $1,428,000 $642,600 $785,400
2017 $18,099 $1,400,000 $630,000 $770,000
2016 $7,769 $661,954 $271,954 $390,000
2015 $3,323 $267,869 $267,869 $0
2014 $3,209 $262,622 $262,622 $0
Source: Public Records

Agents Affiliated with this Home

  • Carmen Miranda

    Seller's Agent in 2016

    Carmen Miranda

    Compass

    (650) 743-4320

    87 Total Sales

    Carmen Miranda
    Section Image
  • David Cauchi

    Seller Co-Listing Agent in 2016

    David Cauchi

    Compass

    (650) 931-2063

    14 Total Sales

    David Cauchi
    Section Image
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Map

Source: MLSListings

MLS Number: ML81595586

MLSListings

APN: 051-368-020

California San Mateo County San Carlos 94070 El Sereno Corte

1510 El Camino Real, San Carlos, CA

This home is located at 1510 El Camino Real, San Carlos, CA 94070 since 16 July 2016 and is currently estimated at $2,194,965, approximately $914 per square foot. This property was built in 2016. 1510 El Camino Real is a home located in San Mateo County with nearby schools including White Oaks Elementary School, Central Middle School, and Sequoia High School.

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