$1,625,000
SOLD OCT 22, 2024
-- Bed
-- Bath
1,989 Sq Ft
5,001 Sq Ft Lot

Recently Sold

$817 Per Sq Ft

About This Home

As of February 2025

This San Mateo duplex presents a great investment opportunity in a central location. Offering two 2-bedroom, 1-bathroom units each with attached garage and laundry. Back unit with spacious private patio/garden area. Walking distance to Borel Square, Caltrain station, and many nearby shopping and dining options. Just about a mile from downtown San Mateo. Within the highly sought after Aragon High School Boundaries.

Last Agent to Sell the Property

Denis Vorrises

Realsmart Properties License #01406502 Listed on: 10/22/2024

Last Buyer's Agent

Michael Warren

Compass License #01968537

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,985

Year Built

  • 1942

Lot Details

  • 5,001 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,989 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

Community Details

Overview

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,985

Year Built

1942

Lot Details

0

Parking

2

Listing Details

  • Zoning: RM0000
  • Subclass: Duplex
  • Age: 82
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1942

Interior Features

  • Living Sq Ft: 1989
  • Stories: 1

Exterior Features

  • Roof: Composition

Garage/Parking

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

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Acres: 0.1148
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Meters: Separate Electric
  • Number Of Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2024
Closed on
Feb 6, 2025
Sold by
Warren Michael L and Warren Christina
Bought by
Tu Cindy L and Yeung Maggie H
Seller's Agent
Michael Warren
Compass
Buyer's Agent
Derek Yeung
Derek Yeung, Broker
List Price
$1,825,000
Sold Price
$1,700,000
Premium/Discount to List
-$125,000
-6.85%
Views
33
Current Estimated Value
$1,750,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,517
Avg. Annual Appreciation
6.03%
Original Mortgage
$1,020,000
Outstanding Balance
$1,015,712
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$725,599

Purchase Details

Listed on
Oct 22, 2024
Closed on
Oct 2, 2024
Sold by
Schreier Todd A and Schreier Troy A
Bought by
Warren Michael L and Warren Christina
Seller's Agent
Denis Vorrises
Realsmart Properties
Buyer's Agent
Michael Warren
Compass
Sold Price
$1,625,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.65%
Original Mortgage
$945,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2023
Sold by
Gerald A Schreier Living Trust
Bought by
Schreier Todd A and Schreier Troy A

Purchase Details

Closed on
Apr 16, 2007
Sold by
Schreier Gerald A
Bought by
Schreier Gerald A

Purchase Details

Closed on
Mar 19, 2003
Sold by
Schreier Gerald A
Bought by
Schreier Gerald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
5.73%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,700,000 Stewart Title Of California
Grant Deed $1,625,000 Lawyers Title Company
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,020,000 New Conventional
Previous Owner $945,000 New Conventional
Previous Owner $193,807 New Conventional
Previous Owner $243,224 New Conventional
Previous Owner $231,909 New Conventional
Previous Owner $233,200 New Conventional
Previous Owner $190,000 Credit Line Revolving
Previous Owner $299,000 No Value Available
Previous Owner $100,000 Credit Line Revolving
Previous Owner $300,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $1,700,000 -5.5% $855 / Sq Ft
02/12/2025 02/12/25 Pending -- -- --
01/27/2025 01/27/25 Price Changed $1,798,000 -1.5% $904 / Sq Ft
11/15/2024 11/15/24 For Sale $1,825,000 +12.3% $918 / Sq Ft
10/23/2024 10/23/24 Pending -- -- --
10/22/2024 10/22/24 Sold $1,625,000 -- $817 / 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 $22,985 $1,734,000 $1,336,200 $397,800
2023 $22,985 $1,693,200 $1,224,000 $469,200
2022 $6,306 $266,767 $104,608 $162,159
2021 $6,220 $261,537 $102,557 $158,980
2020 $5,322 $258,856 $101,506 $157,350
2019 $5,132 $253,781 $99,516 $154,265
2018 $4,753 $248,806 $97,565 $151,241
2017 $4,241 $243,928 $95,652 $148,276
2016 $4,164 $239,146 $93,777 $145,369
2015 $4,079 $235,555 $92,369 $143,186
2014 $3,833 $230,942 $90,560 $140,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81984663

MLSListings

APN: 034-412-160