NOT LISTED FOR SALE

1544 Magnolia Ave San Carlos, CA 94070

Cordes Neighborhood

Estimated Value: $2,177,103 - $2,516,000

2 Beds
1 Bath
1,410 Sq Ft
$1,675/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $2,250,000 $1,596 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $14,496/month

14 Days on Market

Highlights

  • Wood Flooring
  • Bathtub with Shower
  • Washer and Dryer
  • Arundel Elementary School Rated A
  • Forced Air Heating and Cooling System
  • 3-minute walk to Rosek park

About This Home

As of June 2022

Welcome home to this wonderful west side San Carlos, just a few blocks from Downtown! Perfect starter home in the heart of the city. Featuring two bedrooms, an office and one bath, this home is ready for its new owners to truly make this home their own. Great potential to develop and add-on as well. This home features 1,410 square feet of permitted living space on a 6,540 square foot lot. Other highlights include a spacious backyard and newly refinished hardwood floors. Additionally, many key commuter access points are close by. This property is assigned to the San Carlos School District and Carlmont High School. Note: Pictures are from listing in 2019, to be updated.

Last Agent to Sell the Property

Cole Strombom

Strombom Properties, Inc. License #01953946 Listed on: 05/03/2022

Last Buyer's Agent

Susan Selkirk

Coldwell Banker Realty License #01071564

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,682

Year Built

  • 1947

Lot Details

  • 6,538

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Tar and Gravel Roof

Interior Spaces

  • 1,410 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Additional Features

  • 6,538 Sq Ft Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,682

Year Built

1947

Lot Details

0

Listing Details

  • Zoning: R10006
  • Subclass: Single Family Home
  • Age: 75
  • Listing Class: Residential
  • Structure Sq Ft: 1410
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1947

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Wood Burning
  • Dining Room: Dining Area
  • Fireplace: Yes
  • Living Sq Ft: 1410
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower And Tub, Updated Bath

Exterior Features

  • Foundation: Crawl Space
  • Roof: Flat / Low Pitch, Tar And Gravel

Garage/Parking

  • Garage Parking Features: On Street

Utilities

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

Schools

  • School District: Sequoia Union High
  • High School: Carlmont High
  • High School: 617

Lot Info

  • Lot Acres: 0.1501
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6540.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6540.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2019
Closed on
Apr 9, 2019
Sold by
Solomon Michael J and The Clara H Solomon Revocable
Bought by
Morales Michael T and Cefalo Allison Margo
Seller's Agent
Bob Bredel
Christie's International Real Estate Sereno
Buyer's Agent
Sarah Ravella
Golden Gate Sotheby's International Realty
List Price
$1,248,000
Sold Price
$1,500,000
Premium/Discount to List
$252,000
20.19%
Current Estimated Value
$2,361,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$861,776
Avg. Annual Appreciation
7.21%
Original Mortgage
$1,200,000
Outstanding Balance
$1,096,694
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,265,082

Purchase Details

Closed on
Jun 9, 1995
Sold by
Solomon Clara H
Bought by
Solomon Clara H
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
Morales Michael T $1,500,000 Fidelity National Title Co
Solomon Clara H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Michael T $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2022 06/08/22 Sold $2,250,000 +15.1% $1,596 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $1,954,888 +30.3% $1,386 / Sq Ft
04/12/2019 04/12/19 Sold $1,500,000 +20.2% $1,064 / Sq Ft View Prior Sale
03/14/2019 03/14/19 Pending -- -- --
03/08/2019 03/08/19 For Sale $1,248,000 -- $885 / 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 $23,682 $2,032,000 $1,774,500 $257,500
2023 $23,682 $2,040,000 $1,783,000 $257,000
2022 $18,804 $1,576,766 $1,366,531 $210,235
2021 $18,550 $1,545,850 $1,339,737 $206,113
2020 $18,359 $1,530,000 $1,326,000 $204,000
2019 $2,428 $101,713 $27,447 $74,266
2018 $2,346 $99,719 $26,909 $72,810
2017 $2,279 $97,765 $26,382 $71,383
2016 $2,194 $95,849 $25,865 $69,984
2015 $2,110 $94,410 $25,477 $68,933
2014 $1,993 $92,561 $24,978 $67,583
Source: Public Records

Agents Affiliated with this Home

  • Cole Strombom

    Seller's Agent in 2022

    Cole Strombom

    Strombom Properties, Inc.

    (650) 302-3805

    1 in this area

    13 Total Sales

    Cole Strombom
    Section Image

  • S

    Buyer's Agent in 2022

    Susan Selkirk

    Coldwell Banker Realty

    (650) 776-8944

    1 in this area

    6 Total Sales

    Susan Selkirk
    Section Image
  • Bob Bredel

    Seller's Agent in 2019

    Bob Bredel

    Christie's International Real Estate Sereno

    (650) 520-9343

    20 in this area

    184 Total Sales

    Bob Bredel
    Section Image

  • S

    Buyer's Agent in 2019

    Sarah Ravella

    Golden Gate Sotheby's International Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81889729

MLSListings

APN: 050-044-290

California San Mateo County San Carlos 94070 Cordes

1544 Magnolia Ave, San Carlos, CA

This home is located at 1544 Magnolia Ave, San Carlos, CA 94070 since 03 May 2022 and is currently estimated at $2,361,776, approximately $1,675 per square foot. This property was built in 1947. 1544 Magnolia Ave is a home located in San Mateo County with nearby schools including Arundel Elementary School, Tierra Linda Middle School, and Carlmont High School.

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