NOT LISTED FOR SALE

Estimated Value: $1,304,000 - $1,500,765

4 Beds
2 Baths
1,792 Sq Ft
$786/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $1,340,000 $748 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $9,009/month

17 Days on Market

Highlights

  • Solar Power System
  • 2 Car Attached Garage
  • 1-Story Property
  • South San Francisco High School Rated A-
  • Floor Furnace
  • 2-minute walk to Centennial Way Dog Park

About This Home

As of September 2021

Wonderful investment opportunity! Live in one, rent out the other. This duplex consists of Two-- 2 bed/1 bath units. 16 Second Street is 2 bed/1 bath, nicely updated kitchen and bath, 1 car attached garage, plus backyard area. 200 A street is also 2 bed/1bath, original condition and well kept. 1 car attached garage, and yard. Currently, tenant-occupied. Convenient location, very close to shopping, restaurants, schools, and transportation.

Last Agent to Sell the Property

Kent Flinn

Intero Real Estate Services License #00982671 Listed on: 07/26/2021

Intero Real Estate Services

Last Buyer's Agent

Rephina Louie

New Eagle Real Estate Group License #01192726

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,680

Year Built

  • 1946

Lot Details

  • 5,001

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,792 Sq Ft Home
  • 1-Story Property

Utilities

  • Floor Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Additional Features

  • Solar Power System
  • 5,001 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $73,140

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $600
  • Insurance Expense $1,400
  • Maintenance Expense $1,200
  • Operating Expense $14,832
  • Gross Income $71,677

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,680

Year Built

1946

Lot Details

0

Parking

2

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Age: 75
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1792
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1946

Interior Features

  • Living Sq Ft: 1792
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating System: Floor Furnace, Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: South San Francisco Unified

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): Less Than 1 Yr, Month To Month
  • Gross Rent Multiplier: 17.76
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities, Solar
  • Expense Insurance: 1400
  • Expense Landscape: 600
  • Expense Maintenance: 1200
  • Expenses Total: 14832
  • Income Annual Gross: 71677.00
  • Income Annual Rental: 73140
  • Income Gross Scheduled: 73140
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Water
  • Vacancy Factor: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Sep 3, 2021
Sold by
Lok Gregory K and Hau Claire J
Bought by
Lau Chi Fan and Lau Olin
Seller's Agent
Kent Flinn
Intero Real Estate Services
Buyer's Agent
Rephina Louie
New Eagle Real Estate Group
List Price
$1,299,000
Sold Price
$1,340,000
Premium/Discount to List
$41,000
3.16%
Current Estimated Value
$1,409,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,191
Avg. Annual Appreciation
1.27%
Original Mortgage
$460,000
Outstanding Balance
$420,386
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$988,805

Purchase Details

Listed on
Jun 1, 2016
Closed on
Jul 15, 2016
Sold by
Guanill Raymond A
Bought by
Lok Gregory K and Hau Claire J
Seller's Agent
Christine Rosenfeld
Coldwell Banker Realty
Buyer's Agent
Kent Flinn
Berkshire Hathaway Home Services California Realty
List Price
$949,000
Sold Price
$915,000
Premium/Discount to List
-$34,000
-3.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%
Original Mortgage
$686,250
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2012
Sold by
Pera Alice K
Bought by
Pera Alice K and Guanill Raymond A

Purchase Details

Closed on
Feb 24, 2012
Sold by
Pera Alice and Guanill Raymond
Bought by
Bonilla Katherine Rhoda and Pera Alice K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2010
Sold by
Pera Alice and Guanill Raymond
Bought by
Pera Alice and Guanill Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Interest Rate
4.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2007
Sold by
Pera Alice K
Bought by
Pera Alice K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2007
Sold by
Pera Alice K and Pera Rozanne V
Bought by
Pera Alice K and Pera Rozanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 1994
Sold by
Pera Alice K
Bought by
Pera Alice K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.9%

Purchase Details

Closed on
Sep 2, 1994
Sold by
Pera Alice K and Pera Donald P
Bought by
Pera Alice K and Pera Donald P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.9%
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
Lau Chi Fan $1,340,000 Old Republic Title Company
Lok Gregory K $915,000 North American Title Co Inc
Pera Alice K -- None Available
Bonilla Katherine Rhoda -- None Available
Pera Alice -- Lsi
Pera Alice K -- Financial Title Company
Pera Alice K $350,000 Financial Title Company
Pera Alice K -- Financial Title Company
Pera Alice K -- --
Pera Alice K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lau Chi Fan $460,000
Previous Owner Lok Gregory K $903,000
Previous Owner Lok Gregory K $128,600
Previous Owner Lok Gregory K $686,250
Previous Owner Bonilla Katherine Rhoda $367,500
Previous Owner Pera Alice $362,000
Previous Owner Pera Alice K $370,000
Previous Owner Pera Alice K $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Sold $1,340,000 +3.2% $748 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $1,299,000 +42.0% $725 / Sq Ft
07/18/2016 07/18/16 Sold $915,000 -3.6% $511 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $949,000 -- $530 / 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 $16,680 $1,422,018 $870,190 $551,828
2023 $16,680 $1,366,800 $836,400 $530,400
2022 $15,500 $1,340,000 $820,000 $520,000
2021 $11,779 $981,063 $643,320 $337,743
2020 $11,631 $971,004 $636,724 $334,280
2019 $11,510 $951,966 $624,240 $327,726
2018 $11,239 $933,300 $612,000 $321,300
2017 $10,940 $915,000 $600,000 $315,000
2016 $5,929 $458,714 $223,557 $235,157
2015 $5,830 $451,826 $220,200 $231,626
2014 $5,733 $442,976 $215,887 $227,089
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81855475

MLSListings

APN: 014-031-010