NOT LISTED FOR SALE

1520 Noe Ave San Mateo, CA 94401

South Shoreview Neighborhood

Estimated Value: $1,434,000 - $1,881,662

4 Beds
4 Baths
1,685 Sq Ft
$951/Sq Ft Est. Value

Last Sold December 17, 2018

Last sale price $1,370,000 $813 Per Sq Ft

21 Days on Market

Highlights

  • Solar Power System
  • Wood Burning Stove
  • Granite Countertops
  • Parkside Montessori (PK-8) Rated A
  • Post and Beam
  • Double Pane Windows

About This Home

As of December 2018

Welcome to this charming 3 bedroom 2 Full bathroom & 1 half bath. Second unit Attached in the back 1 bedroom 1 Full bath conveniently in Shoreview neighborhood of San Mateo. This warm and bright home is a Multiplex has lots of potential as Single family or rental income units. With endless opportunities that wont last in a great neighborhood close to the freeways & bart train.

Last Agent to Sell the Property

Ernesto Martinez

Intero Real Estate Services License #01957648 Listed on: 10/01/2018

Intero Real Estate Services

Last Buyer's Agent

Ching Evaristo

RE/MAX Gold of Daly City License #00877781

RE/MAX Gold of Daly City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,889

Year Built

  • 1955

Lot Details

  • 7,950 Sq Ft Lot
  • Level Lot
  • Irrigation

Parking

  • 2 Car Garage

Home Design

  • Post and Beam
  • Reinforced Concrete Foundation
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Ceiling Insulation
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,685 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Circular Fireplace
  • Double Pane Windows
  • Tile Flooring
  • Fire Sprinkler System
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven
  • Granite Countertops
  • Tile Countertops

Eco-Friendly Details

  • Solar Power System
  • Solar Heating System

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $62,400

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $100
  • Trash Expense $150
  • Operating Expense $250
  • Gross Income $62,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,889

Year Built

1955

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1-R2
  • Subclass: Multiple Dwellings / Structures
  • Age: 63
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1685
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Interior Features

  • Kitchen: Countertop - Granite, Countertop - Tile, Exhaust Fan, Oven - Gas
  • Living Sq Ft: 1685
  • Stories: 1
  • Security: Closed Circuit Monitoring (24-Hour), Fire System - Sprinkler
  • Laundry: Hookups Only
  • Flooring: Tile

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Pillars / Posts / Piers, Post And Beam, Reinforced Concrete
  • Roof: Composition, Rolled Composition, Shingle
  • Construction Type: Concrete, Concrete Block, Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Common Parking Area, Parking Area

Utilities

  • Heating System: Fireplace, Forced Air, Solar, Solar And Gas, Stove - Wood
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Description: Grade - Level, Potential Re-Zone, Regular
  • Lot Acres: 0.1825
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7950.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7950.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Solar Heating, Solar Power, Solar Power On Grid

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 22.44
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities, Solar
  • Expense Landscape: 100
  • Expenses Total: 250
  • Expense Trash: 150
  • Income Annual Gross: 62400.00
  • Income Annual Rental: 62400
  • Income Gross Scheduled: 62400
  • Income Includes: Rents
  • Meters: Master Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Trash Removal, Utilities - Electric, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2018
Closed on
Nov 13, 2018
Sold by
Hernandez Sergio A and Hernandez Maria J
Bought by
Flores Ma Victoria and Flores Alexander M
Seller's Agent
Ernesto Martinez
Intero Real Estate Services
Buyer's Agent
Ching Evaristo
RE/MAX Gold of Daly City
List Price
$1,400,000
Sold Price
$1,370,000
Premium/Discount to List
-$30,000
-2.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.39%
Original Mortgage
$1,096,000
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 27, 2002
Sold by
Fuentes Manuel
Bought by
Hernandez Sergio A and Hernandez Maria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,000
Interest Rate
6.06%

Purchase Details

Closed on
Jul 27, 2001
Sold by
Hernandez Maria A and Hernandez Sergio A
Bought by
Hernandez Sergio A and Hernandez Maria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,950
Interest Rate
7.65%

Purchase Details

Closed on
Apr 27, 2000
Sold by
Bona Charles H
Bought by
Hernandez Sergio A and Hernandez Maria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
8.5%

Purchase Details

Closed on
Jul 14, 1998
Sold by
Bona Charles H
Bought by
Bona Charles H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,100
Interest Rate
7%

Purchase Details

Closed on
Sep 23, 1997
Sold by
Bona Diane T
Bought by
Bona Charles H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,400
Interest Rate
7.54%
Source: Public Records

Range of Values:

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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
Flores Ma Victoria $1,370,000 Chicago Title Co
Hernandez Sergio A -- Fidelity National Title
Hernandez Sergio A -- Fidelity National Title Co
Hernandez Sergio A $400,000 Fidelity National Title Co
Bona Charles H -- First American Title Co
Bona Charles H -- Old Republic Title Ins Compa
Bona Charles H $253,000 Old Republic Title Ins Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Ma Victoria Rem $180,000
Open Flores Ma Victoria $1,100,000
Closed Flores Ma Victoria $1,096,000
Previous Owner Hernandez Sergio A $138,500
Previous Owner Hernandez Sergio A $650,000
Previous Owner Hernandez Sergio A $105,000
Previous Owner Hernandez Sergio A $36,500
Previous Owner Hernandez Sergio A $645,000
Previous Owner Hernandez Sergio A $600,000
Previous Owner Hernandez Sergio A $478,400
Previous Owner Hernandez Sergio A $59,800
Previous Owner Hernandez Sergio A $420,000
Previous Owner Hernandez Sergio A $52,000
Previous Owner Hernandez Sergio A $458,000
Previous Owner Hernandez Sergio A $32,000
Previous Owner Hernandez Sergio A $399,950
Previous Owner Hernandez Sergio A $380,000
Previous Owner Bona Charles H $227,100
Previous Owner Bona Charles H $202,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2018 12/17/18 Sold $1,370,000 -2.1% $813 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $1,400,000 -- $831 / 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 $19,889 $1,528,256 $858,947 $669,309
2023 $19,889 $1,468,914 $825,594 $643,320
2022 $19,309 $1,440,112 $809,406 $630,706
2021 $18,838 $1,411,876 $793,536 $618,340
2020 $17,922 $1,397,400 $785,400 $612,000
2019 $17,304 $1,370,000 $770,000 $600,000
2018 $8,606 $585,632 $270,155 $315,477
2017 $8,069 $574,150 $264,858 $309,292
2016 $7,747 $562,893 $259,665 $303,228
2015 $7,464 $554,439 $255,765 $298,674
2014 $7,479 $543,579 $250,755 $292,824
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Ernesto Martinez

    Intero Real Estate Services

    Section Image

  • C

    Buyer's Agent in 2018

    Ching Evaristo

    RE/MAX

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Map

Source: MLSListings

MLS Number: ML81722959

MLSListings

APN: 035-143-030

California San Mateo County San Mateo 94401 South Shoreview

1520 Noe Ave, San Mateo, CA

This home is located at 1520 Noe Ave, San Mateo, CA 94401 since 01 October 2018 and is currently estimated at $1,602,916, approximately $951 per square foot. This property was built in 1955. 1520 Noe Ave is a home located in San Mateo County with nearby schools including Parkside Montessori (PK-8), Bayside Academy, and Aragon High School.

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