NOT LISTED FOR SALE

1927 Palm Ave San Mateo, CA 94403

Hillsdale Neighborhood

Estimated Value: $1,720,000 - $2,297,763

4 Beds
2 Baths
2,137 Sq Ft
$902/Sq Ft Est. Value

Last Sold September 02, 2015

Last sale price $1,075,000 $503 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $12,119/month

43 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Lot Sloped Down
  • Borel Middle School Rated A-
  • Fenced
  • 3-minute walk to Trinta Park

About This Home

As of September 2015

Investment opportunity with two duplexes (1927 & 1931 Palm Avenue)! Both 1927 Palm Avenue & 1931 Palm Avenue to be only sold together as one package! Total list price for both properties is $2,250,000. Four nicely maintained units each with 2 bedrooms and 1 bath. Beautifully landscaped front yard! Paver stone driveway between the two buildings. Spacious living room and eat-in kitchen. Attached 1-car garage with laundry area for each unit.

Last Agent to Sell the Property

Mark Johnson

Coldwell Banker Realty License #00667906 Listed on: 05/29/2015

Coldwell Banker Realty

Last Buyer's Agent

Marcie Paul

Intero Real Estate Services License #01387514

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,610

Year Built

  • 1954

Lot Details

  • 4,704 Sq Ft Lot
  • Fenced
  • Lot Sloped Down
  • Sprinklers on Timer
  • Mostly Level
  • Back Yard

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 2,137 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

Community Details

Overview

Building Details

  • 1 Leased Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,610

Year Built

1954

Lot Details

0

Parking

1

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Style: Ranch, Traditional
  • Age: 61
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2137
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1954

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Oven Range, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 2137
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum

Exterior Features

  • Yard/Grounds: Back Yard, Fenced, Sprinklers - Auto, Sprinklers - Lawn

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Heating System: Gas, Wall Furnace
  • Sewer/Septic System: Unknown

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Description: Grade - Gently Sloped, Grade - Mostly Level, Grade - Sloped Down
  • Lot Acres: 0.1080
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4700.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4700.00

Rental Info

  • Existing Lease Term(s): Month To Month, Security Deposit
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2015
Closed on
Jul 17, 2015
Sold by
Suruki Ryoji and Suruki Nobuko
Bought by
Fernald Stewart T and Fernald Mary P
Seller's Agent
Mark Johnson
Coldwell Banker Realty
Buyer's Agent
Marcie Paul
Intero Real Estate Services
List Price
$1,125,000
Sold Price
$1,075,000
Premium/Discount to List
-$50,000
-4.44%
Current Estimated Value
$1,928,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$853,441
Avg. Annual Appreciation
5.59%
Original Mortgage
$645,000
Interest Rate
3.97%
Mortgage Type
New Conventional
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
Fernald Stewart T $1,075,000 North American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fernald Stewart T $645,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2015 09/02/15 Sold $1,075,000 -4.4% $503 / Sq Ft
07/11/2015 07/11/15 Pending -- -- --
05/29/2015 05/29/15 For Sale $1,125,000 -- $526 / 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 $17,610 $1,272,574 $636,287 $636,287
2023 $17,610 $1,223,160 $611,580 $611,580
2022 $16,837 $1,199,178 $599,589 $599,589
2021 $16,908 $1,175,666 $587,833 $587,833
2020 $15,948 $1,163,612 $581,806 $581,806
2019 $15,404 $1,140,798 $570,399 $570,399
2018 $14,552 $1,118,430 $559,215 $559,215
2017 $14,018 $1,096,500 $548,250 $548,250
2016 $13,575 $1,075,000 $537,500 $537,500
2015 $4,645 $260,078 $78,013 $182,065
2014 $4,578 $254,984 $76,485 $178,499
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Mark Johnson

    Coldwell Banker Realty

    Section Image
  • Marcie Paul

    Buyer's Agent in 2015

    Marcie Paul

    Intero Real Estate Services

    (408) 718-7730

    16 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81467540

MLSListings

APN: 035-231-150

California San Mateo County San Mateo 94403 Hillsdale

1927 Palm Ave, San Mateo, CA

This home is located at 1927 Palm Ave, San Mateo, CA 94403 since 29 May 2015 and is currently estimated at $1,928,441, approximately $902 per square foot. This property was built in 1954. 1927 Palm Ave is a home located in San Mateo County with nearby schools including Sunnybrae Elementary School, Borel Middle School, and Aragon High School.

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