NOT LISTED FOR SALE

18 King Ct San Mateo, CA 94403

Westwood Knolls Neighborhood

Estimated Value: $1,754,000 - $2,557,238

4 Beds
2 Baths
2,679 Sq Ft
$739/Sq Ft Est. Value

Sale Details

Date Sold: November 3, 2017

Last sale price $1,500,000 $560 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $12,469 / mo

11 Days on Market

Highlights

  • 2 Car Attached Garage
  • Hillsdale High School Rated A+
  • Tile Flooring

About This Home

As of November 2017

A wonderful investment opportunity for an owner or investor. Each unit has 2 bedrooms and 1 bath, a spacious living room with wood-burning fireplace, large eat-in kitchen and separate garage. Generous backyard and patio area. Unit 20 is vacant and has been recently painted with new carpet added. Unit 18 is tenant occupied and are on a month to month rental. DO NOT DISTURB TENANTS PLEASE!

Last Agent to Sell the Property

Casey Sternsmith

Compass License #70016718 Listed on: 09/21/2017

Compass

Last Buyer's Agent

Ngam Lam

NL Associates License #00873799

Property Details

Home Type

  • Multi-Family

Year Built

  • 1947

Lot Details

  • 5,401

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,679 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate
  • Tile

Additional Features

  • 5,401 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $30,000

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Insurance Expense $4,200
  • Operating Expense $10,380
  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Year Built

1947

Lot Details

5,401 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2679
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1947

Interior Features

  • Living Sq Ft: 2679
  • Stories: 2
  • Flooring: Carpet, Laminate, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1240
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5400.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 39.83
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 4200
  • Expenses Total: 10380
  • Income Annual Gross: 30000.00
  • Income Annual Rental: 30000
  • Income Gross Scheduled: 30000
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance
  • Tenant Expenses: All Expenses

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2017
Closed on
Oct 30, 2017
Sold by
Bought by
Seller's Agent
Casey Sternsmith
Compass
Buyer's Agent
Ngam Lam
NL Associates
List Price
$1,195,000
Sold Price
$1,500,000
Premium/Discount to List
$305,000
25.52%
Current Estimated Value
$1,981,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,060
Avg. Annual Appreciation
3.26%
Original Mortgage
$814,500
Outstanding Balance
$682,151
Interest Rate
3.83%
Estimated Equity
$1,298,909

Purchase Details

Closed on
Apr 6, 2007
Sold by
Bought by

Purchase Details

Closed on
Aug 18, 1995
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,500,000 Lawyers Title Company
-- None Available
-- First American Title Co
$325,000 First American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $814,500
Previous Owner $132,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/03/2017 11/03/17 Sold $1,500,000 +25.5% $560 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
09/21/2017 09/21/17 For Sale $1,195,000 -- $446 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $21,984 $1,706,739 $989,910 $716,829
2023 $21,984 $1,640,466 $951,471 $688,995
2022 $21,899 $1,608,301 $932,815 $675,486
2021 $20,414 $1,576,767 $914,525 $662,242
2020 $19,934 $1,560,600 $905,148 $655,452
2019 $19,138 $1,530,000 $887,400 $642,600
2018 $18,290 $1,500,000 $870,000 $630,000
2017 $6,489 $465,188 $139,551 $325,637
2016 $6,180 $456,067 $136,815 $319,252
2015 $6,157 $449,217 $134,760 $314,457
2014 $6,197 $440,419 $132,121 $308,298
Source: Public Records

Agents Affiliated with this Home

  • Casey Sternsmith

    Seller's Agent in 2017

    Casey Sternsmith

    Compass

    (650) 678-5455

    5 in this area

    302 Total Sales

    Casey Sternsmith
    Section Image

  • N

    Buyer's Agent in 2017

    Ngam Lam

    NL Associates

See All Agents

Map

Source: MLSListings

MLS Number: ML81678925

MLSListings

APN: 042-161-250

California San Mateo County San Mateo 94403 Westwood Knolls

18 King Ct, San Mateo, CA

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