NOT LISTED FOR SALE

Estimated Value: $2,381,000 - $3,820,488

5 Beds
5 Baths
4,186 Sq Ft
$794/Sq Ft Est. Value

Last Sold December 28, 2012

Last sale price $1,700,000 $406 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $19,540/month

12 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Level Lot
  • 1-Story Property
  • Franklin Elementary School Rated A
  • Wall to Wall Carpet

About This Home

As of December 2012

Wonderful Mills Estate Custom-built Duplex. 3bd 2-1/2 bath owners unit, and a 2bd 2 bath rental unit. Both have fireplaces and attached 2 car side-by-side garages. Lots of windows - lots of space. 12,800 SF level lot with fruit trees, and room for a pool! Handy to major freeways, excellent schools, shopping, BART & SFO! It's wonderful!

Last Agent to Sell the Property

Ray Lombardi

Compass License #00512061 Listed on: 10/13/2012

Compass

Last Buyer's Agent

Richard Hippard

Corcoran Global Living License #00560470

Corcoran Global Living

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,653

Year Built

  • 1959

Lot Details

  • Level Lot

Home Design

  • Duplex
  • Tar and Gravel Roof

Interior Spaces

  • 4,186 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • Garage
  • Private Parking
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Community Details

  • 4,186 Sq Ft Building
  • Operating Expense $1,802

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,653

Year Built

1959

Lot Details

0

Listing Details

  • Zoning: R200
  • Subclass: Duplex
  • Age: 53
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 406.12
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 4186
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 4186
  • Stories: 1
  • Laundry: Washer/Dryer - All Units, Laundry Area - In All Units
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Roof: Tar And Gravel

Garage/Parking

  • Garage Parking Features: Gate / Door Opener, Private / Exclusive

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: San Mateo Union High
  • Elementary School: Franklin Elementary
  • Middle School: Burlingame Intermediate
  • High School: Burlingame High
  • High School: 615
  • Elementary School: 676
  • Middle School: 675

Lot Info

  • Lot Description: Grade - Level
  • Lot Location: Corner
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12800.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 12800.00
  • Lot Size Area Min Search: 12800.00
  • Maximum Lot Size: 12800.00

Rental Info

  • Existing Lease Term(s): Month To Month

Multi Family

  • Expenses Total: 1802
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Number Of Other Units: 2
  • Operating Expenses Include: Miscellaneous/Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2012
Closed on
Dec 20, 2012
Sold by
Johnson Charlene Anne and Guglielmoni Evelyn Marie
Bought by
Galang Raemund P and Galang Camille Corvera
Seller's Agent
Ray Lombardi
Compass
Buyer's Agent
Richard Hippard
Corcoran Global Living
List Price
$1,650,000
Sold Price
$1,700,000
Premium/Discount to List
$50,000
3.03%
Current Estimated Value
$3,323,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,623,622
Avg. Annual Appreciation
5.36%
Original Mortgage
$1,260,000
Outstanding Balance
$868,852
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$2,454,770

Purchase Details

Closed on
Dec 4, 2009
Sold by
Johnson Charlene Anne and Guglielmoni Evelyn Marie
Bought by
Johnson Charlene Anne and Guglielmoni Evelyn Marie
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
Galang Raemund P $1,700,000 North American Title Co Inc
Johnson Charlene Anne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galang Raemund P $1,260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2012 12/28/12 Sold $1,700,000 +3.0% $406 / Sq Ft
10/25/2012 10/25/12 Pending -- -- --
10/13/2012 10/13/12 For Sale $1,650,000 -- $394 / 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 $23,653 $2,128,420 $1,046,710 $1,081,710
2023 $23,653 $2,012,132 $1,006,066 $1,006,066
2022 $22,810 $1,972,680 $986,340 $986,340
2021 $22,838 $1,934,000 $967,000 $967,000
2020 $22,361 $1,914,170 $957,085 $957,085
2019 $21,868 $1,876,638 $938,319 $938,319
2018 $21,452 $1,839,842 $919,921 $919,921
2017 $21,293 $1,803,768 $901,884 $901,884
2016 $20,515 $1,768,400 $884,200 $884,200
2015 $20,422 $1,741,838 $870,919 $870,919
2014 $20,124 $1,707,718 $853,859 $853,859
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81237619

MLSListings

APN: 025-141-300