NOT LISTED FOR SALE

1829 El Parque Ct San Mateo, CA 94403

Los Prados Neighborhood

Estimated Value: $2,315,000 - $2,513,000

8 Beds
7 Baths
4,820 Sq Ft
$501/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $2,200,000 $456 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $15,258/month

4 Days on Market

Highlights

  • Forced Air Heating System
  • Parkside Montessori (PK-8) Rated A
  • Level Lot

About This Home

As of May 2021

Rarely available 4plex Cul-de-sac location. walk to Los Prados park, stores and restaurants. Large units. Two 2 Br 2Ba units a 3Br 2Ba unit and a very large 1 Br 1 Ba unit. Nice Income property for investor or great opportunity for owner occupant. Priced for quick sale. Sold as-is

Last Agent to Sell the Property

Forest Darrenougue

Forest Realty License #00592485 Listed on: 04/16/2021

Last Buyer's Agent

Anna Yang

Alliance Bay Realty License #01260543

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,394

Year Built

  • 1964

Lot Details

  • 8,024 Sq Ft Lot
  • Level Lot

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,820 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Parking

  • 1 Parking Space
  • 4 Carport Spaces
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $147,288

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $2,639
  • Maintenance Expense $330
  • Other Expense $2,160
  • Utility Expense $3,027
  • Trash Expense $4,534
  • Operating Expense $34,400
  • Gross Income $144,588

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,394

Year Built

1964

Lot Details

0

Listing Details

  • Zoning: Multi unit
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4820
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Living Sq Ft: 4820
  • Stories: 2
  • Security: Fire Alarm

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Assigned Spaces, Carport
  • Carport Min: 4

Utilities

  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1842
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8024.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8024.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.90
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas
  • Expense Insurance: 2639
  • Expense Landscape: 1200
  • Expense Maintenance: 330
  • Expenses Other: 2160
  • Expenses Total: 34400
  • Expenses Utility: 3027
  • Expense Trash: 4534
  • Income Annual Gross: 144588.00
  • Income Annual Rental: 147288
  • Income Gross Scheduled: 147539
  • Income Includes: Laundry
  • Income Other: 251
  • Meters: Master Electric, Master Gas, Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Maintenance - Repair, Services - Gardener, Services - Security, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
May 6, 2021
Sold by
Ricci Jessica A and Ricci Benjamin J
Bought by
Yang Anton and Yang Anna
Seller's Agent
Forest Darrenougue
Forest Realty
Buyer's Agent
Anna Yang
Alliance Bay Realty
List Price
$2,199,000
Sold Price
$2,200,000
Premium/Discount to List
$1,000
0.05%
Current Estimated Value
$2,415,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,247
Avg. Annual Appreciation
2.11%

Purchase Details

Closed on
Aug 19, 2008
Sold by
Ricci Jessica A and Ricci 1993 Trust
Bought by
Ricci Jessica A and Ricci Benjamin J

Purchase Details

Closed on
Aug 11, 2003
Sold by
Garey Timothe and Cademartori Frances
Bought by
Ricci Daniel C and Ricci Jessica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$721,875
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2000
Sold by
Derry Theresa
Bought by
Derry Theresa and The Theresa Derry Trust Agreem
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
Yang Anton $2,145,000 First American Title Company
Ricci Jessica A -- None Available
Ricci Daniel C $962,500 First American Title Company
Derry Theresa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ricci Daniel C $721,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2021 05/12/21 Sold $2,200,000 0.0% $456 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $2,199,000 -- $456 / 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 $31,394 $2,321,815 $1,672,357 $649,458
2023 $31,394 $2,231,658 $1,607,418 $624,240
2022 $28,434 $2,187,900 $1,575,900 $612,000
2021 $21,208 $1,303,860 $769,073 $534,787
2020 $20,510 $1,290,492 $761,188 $529,304
2019 $19,267 $1,265,189 $746,263 $518,926
2018 $19,102 $1,240,383 $731,631 $508,752
2017 $17,510 $1,216,063 $717,286 $498,777
2016 $16,479 $1,192,221 $703,223 $488,998
2015 $16,049 $1,174,315 $692,661 $481,654
2014 $16,491 $1,151,314 $679,094 $472,220
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2021

    Forest Darrenougue

    Forest Realty

    Section Image

  • A

    Buyer's Agent in 2021

    Anna Yang

    Alliance Bay Realty

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Map

Source: MLSListings

MLS Number: ML81839479

MLSListings

APN: 040-402-240

California San Mateo County San Mateo 94403 Los Prados

1829 El Parque Ct, San Mateo, CA

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