NOT LISTED FOR SALE

18 Laurel St Unit 20 San Carlos, CA 94070

Cordes Neighborhood

Estimated Value: $2,034,000 - $2,665,581

4 Beds
2 Baths
2,106 Sq Ft
$1,088/Sq Ft Est. Value

Last Sold September 14, 2012

Last sale price $899,000 $427 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $13,409/month

10 Days on Market

Highlights

  • Bay View
  • Deck
  • Forced Air Heating System
  • Arundel Elementary School Rated A
  • Wood Flooring

About This Home

As of September 2012

Remodeled 2BR/1BA units with bay views, separate large yards & decks, separate extra large garages with individual laundry hookups. Both units have long-term tenants. Walk to town. Excellent schools. Outstanding opportunity!

Last Agent to Sell the Property

Kelly Griggs

Coldwell Banker Realty License #70010997 Listed on: 08/06/2012

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,130

Year Built

  • 1949

Lot Details

  • Lot Sloped Up
  • Sprinkler System

Property Views

  • Bay
  • Neighborhood

Home Design

  • Duplex
  • Slab Foundation
  • Ceiling Insulation
  • Composition Roof

Interior Spaces

  • 2,106 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Parking

  • Garage
  • Private Parking
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Total Actual Rent $45,600
  • The owner pays for garbage, services - gardener/landscaping, water

Community Details

Overview

  • 2,106 Sq Ft Building

Building Details

  • Gardener Expense $1,500
  • Insurance Expense $1,296
  • Trash Expense $684
  • Operating Expense $11,882
  • Gross Income $45,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,130

Year Built

1949

Lot Details

0

Listing Details

  • Zoning: R400
  • Subclass: Duplex
  • Age: 63
  • Inspections Reports: Fault Zone, Geological/Flood, Pest Control, Property Inspection, Flood Zone
  • Sale Price Per Sq Ft: 426.88
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 2106
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1949

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Varies By Unit, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 2106
  • Stories: 2
  • Laundry: Gas Hookup, In Garage
  • Flooring: Hardwood - Partial, Tile, Carpet - Wall To Wall, Vinyl / Linoleum, Carpet, Varies By Unit

Exterior Features

  • Foundation: Concrete Slab, Sealed Crawlspace
  • Roof: Composition
  • View: Bay, Local/Neighborhood
  • Yard/Grounds: Sprinklers - Lawn, Deck

Garage/Parking

  • Garage Parking Features: Gate / Door Opener, Private / Exclusive, Spaces Per Unit - 1, Off-Street Parking

Utilities

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

Condo/Co-op/Association

  • HOA Amenities: Patio - Private

Schools

  • School District: Sequoia Union High
  • Elementary School: Arundel Elementary
  • Middle School: Tierra Linda Middle
  • High School: Carlmont High
  • High School: 617
  • Elementary School: 603
  • Middle School: 1044

Lot Info

  • Lot Description: Grade - Sloped Up
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4482.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 4482.00
  • Lot Size Area Min Search: 4482.00
  • Maximum Lot Size: 4482.00

Green Features

  • Energy Features: Ceiling Insulation, Insulation - Partial

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.97

Multi Family

  • Expense Insurance: 1296
  • Expense Landscape: 1500
  • Expenses Total: 11882
  • Expense Trash: 684
  • Expense Water Sewer: 900
  • Income Annual Gross: 45600.00
  • Income Annual Rental: 45600
  • Income Gross Scheduled: 45600
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Maintenance - Exterminator, Fee - Property Tax
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable Tv, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2012
Closed on
Sep 10, 2012
Sold by
Ericksen Stephanie D and Ericksen Matthew
Bought by
Trinity Investment Company Lp
Seller's Agent
Kelly Griggs
Coldwell Banker Realty
List Price
$865,000
Sold Price
$899,000
Premium/Discount to List
$34,000
3.93%
Current Estimated Value
$2,291,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,392,395
Avg. Annual Appreciation
7.41%
Original Mortgage
$629,300
Outstanding Balance
$434,010
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,857,385

Purchase Details

Closed on
Sep 14, 2001
Sold by
Ericksen Stephanie D and Ericksen Matthew
Bought by
Ericksen Matthew and Ericksen Stephanie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
6.99%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 1, 1999
Sold by
Andrew Muff Norman
Bought by
Anderson Stephanie Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.37%

Purchase Details

Closed on
Mar 12, 1997
Sold by
Aflak Behzad B and Aflak Colleen R
Bought by
Anderson Stephanie Denise and Muff Norman Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
7.9%

Purchase Details

Closed on
Mar 14, 1996
Sold by
Galea Charles and Galea Joseph
Bought by
Aflak Manssur and Aflak Monica J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.05%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Trinity Investment Company Lp $899,000 First American Title Company
Ericksen Matthew -- First American Title Co
Anderson Stephanie Denise $180,000 --
Anderson Stephanie Denise $350,000 Old Republic Title Ins Compa
Aflak Manssur $285,000 Santa Clara Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trinity Investment Company Lp $629,300
Previous Owner Ericksen Matthew $97,000
Previous Owner Anderson Stephanie Denise $360,000
Previous Owner Anderson Stephanie Denise $315,000
Previous Owner Aflak Manssur $228,000
Closed Aflak Manssur $28,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2012 09/14/12 Sold $899,000 +3.9% $427 / Sq Ft
08/16/2012 08/16/12 Pending -- -- --
08/06/2012 08/06/12 For Sale $865,000 -- $411 / 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 $15,130 $1,107,040 $553,520 $553,520
2023 $15,130 $1,064,054 $532,027 $532,027
2022 $14,274 $1,043,192 $521,596 $521,596
2021 $14,042 $1,022,738 $511,369 $511,369
2020 $13,855 $1,012,252 $506,126 $506,126
2019 $13,583 $992,404 $496,202 $496,202
2018 $13,255 $972,946 $486,473 $486,473
2017 $13,052 $953,870 $476,935 $476,935
2016 $12,758 $935,168 $467,584 $467,584
2015 $12,717 $921,122 $460,561 $460,561
2014 $12,298 $903,080 $451,540 $451,540
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    Kelly Griggs

    Coldwell Banker Realty

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81229321

MLSListings

APN: 045-311-030

California San Mateo County San Carlos 94070 Cordes

18 Laurel St Unit 20, San Carlos, CA

This home is located at 18 Laurel St Unit 20, San Carlos, CA 94070 since 06 August 2012 and is currently estimated at $2,291,395, approximately $1,088 per square foot. This property was built in 1949. 18 Laurel St Unit 20 is a home located in San Mateo County with nearby schools including Arundel Elementary School, Tierra Linda Middle School, and Carlmont High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes