NOT LISTED FOR SALE

Estimated Value: $2,183,000 - $3,044,000

17 Beds
9 Baths
5,582 Sq Ft
$492/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $2,050,000 $367 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $15,995/month

343 Days on Market

Highlights

  • Additional Residence on Property
  • 1.66 Acre Lot
  • Engineered Wood Flooring
  • Terra Linda High School Rated A-
  • View of Hills
  • Modern Architecture

About This Home

As of November 2021

Prime Marin R. E. Investment Opportunity in Priority Development Area with Transit Oriented Development overlay per City. 2022 Pro Forma Available for possible "covered play" of about $446K/year as housing for 33 students plus owner's unit 1B/1b. Employee housing for contractors, traveling medical personnel? Buyer will verify uses, desirability and value and impact of PDA, TOD and Senate Bills 9 and 10 etc. Great potential here!

Last Agent to Sell the Property

Carolyn Lenert

Coldwell Banker Realty License #01313155 Listed on: 12/01/2020

Coldwell Banker Realty

Last Buyer's Agent

Manju Devi

Coldwell Banker Realty License #02040789

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,946

Year Built

  • Built in 1948

Lot Details

  • 1.66 Acre Lot
  • Wood Fence
  • Barbed Wire
  • Flag Lot

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Gravel Driveway
  • Shared Driveway
  • Uncovered Parking

Property Views

  • Hills
  • Valley
  • Park or Greenbelt

Home Design

  • Modern Architecture
  • Side-by-Side
  • Property Attached
  • Concrete Foundation
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Tar and Gravel Roof
  • Bitumen Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 5,582 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Family Room
  • Living Room
  • Dining Room
  • Partial Basement

Kitchen

  • Gas Cooktop
  • Range Hood
  • Kitchen Island
  • Laminate Countertops

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 17 Bedrooms
  • Bathroom on Main Level
  • 9 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Homes

  • Additional Residence on Property

Utilities

  • Central Heating and Cooling System
  • Wall Furnace
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 175-292-41

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,946

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Interior Amenities: Skylight(s)
  • Type: Residential
  • Property Sub Type: 2 Houses on Lot
  • Subtype Description: Attached
  • Directions To Property: Exit Freitas to Las Gallinas left (south) which becomes Los Ranchitos. Or exit North San Pedro Rd. west to Los Ranchitos. Turn right (north).
  • Lot Size Acres: 1.6600
  • Stories: 1
  • ArchitecturalStyle: Modern/High Tech, Ranch
  • Special Features: None

Interior Features

  • Appliances: Gas Cook Top, Gas Water Heater, Hood Over Range
  • Bedrooms: 17
  • Full Bathrooms: 9
  • Dining Room Features: Space in Kitchen
  • Living Room Features: Other
  • Number Of Rooms: 32
  • Basement: Partial
  • Flooring: Carpet, Simulated Wood, Tile, Wood
  • Price Per Square Foot: 367.25
  • Square Footage: 5582
  • Bathroom Features: Fiberglass, Shower Stall(s)
  • Bathrooms: 9.00
  • Family Room Features: Other
  • Kitchen Features: Island, Laminate Counter
  • Main Level: Bedroom(s), Dining Room, Family Room, Full Bath(s), Garage, Kitchen, Living Room, Street Entrance

Exterior Features

  • Construction Materials: Frame, Stucco, Wood Siding
  • Foundation: Concrete Perimeter, Slab
  • Lot Features: Flag Lot, Landscape Misc
  • Roof: Bitumen, Shingle, Tar/Gravel
  • Fencing: Barbed Wire, Other, Wood
  • Pool: No
  • Spa: No
  • View: Garden/Greenbelt, Hills, Valley

Garage/Parking

  • Parking Features: Detached, Garage Facing Front, Side-by-Side, Uncovered Parking Space
  • Total Parking Spaces: 12
  • Garage Spaces: 2
  • Driveway/Sidewalks: Gravel, Maintenance Agreement, Shared Driveway

Utilities

  • Cooling: Central
  • Security Features: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: All Public, Cable Available, Natural Gas Connected, See Remarks
  • Water Source: Public
  • Heating: Central, Natural Gas, Wall Furnace
  • Laundry Features: Dryer Included, Inside Room, Washer Included

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Assessor Parcel Number: 175-292-41
  • Lot Size Sq Ft: 72310

Building Info

  • Year Built: 1948

Multi Family

  • Second Unit Estimated Sq Ft: 780
  • Second Unit Bedrooms: 1
  • Second Unit Description: Call listing agent
  • Second Unit Full Bathrooms: 1
  • Second Unit Kitchen: Yes
  • Second Unit Occupied: No
  • Second Unit Partial Bathrooms: 0
  • Second Unit Type: Attached

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Nov 16, 2021
Sold by
Hanzl Tobias
Bought by
Sekhon Gursharn S and Sekhon Parmjeet
Seller's Agent
Carolyn Lenert
Coldwell Banker Realty
Buyer's Agent
Manju Devi
Coldwell Banker Realty
List Price
$2,050,000
Sold Price
$2,050,000
Current Estimated Value
$2,748,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$698,723
Avg. Annual Appreciation
7.79%
Original Mortgage
$175,000
Outstanding Balance
$160,491
Interest Rate
3.05%
Mortgage Type
Commercial
Estimated Equity
$2,588,232

Purchase Details

Closed on
Jan 5, 2021
Sold by
Lin Nan Ploy Pai
Bought by
Hanzl Tobias

Purchase Details

Closed on
May 31, 2005
Sold by
Roman Catholic Welfare Co San Francisco
Bought by
Hanzl Tobias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$794,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
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
Sekhon Gursharn S $2,050,000 Cal Land Title Company
Hanzl Tobias -- Cal Land Title Company
Hanzl Tobias $1,040,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sekhon Gursharn S $175,000
Previous Owner Hanzl Tobias $794,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2021 11/24/21 Sold $2,050,000 0.0% $367 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
12/01/2020 12/01/20 For Sale $2,050,000 -- $367 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $18,946 $1,294,664 $1,013,446 $281,218
2024 $18,946 $1,269,288 $993,582 $275,706
2023 $18,679 $1,244,400 $974,100 $270,300
2022 $17,876 $1,220,000 $955,000 $265,000
2021 $18,111 $1,293,771 $643,830 $649,941
2020 $18,067 $1,280,508 $637,230 $643,278
2019 $17,116 $1,255,409 $624,740 $630,669
2018 $16,900 $1,230,803 $612,495 $618,308
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 22028693

Bay Area Real Estate Information Services (BAREIS)

APN: 175-292-41