NOT LISTED FOR SALE

Estimated Value: $1,709,000 - $2,931,974

-- Bed
4 Baths
4,520 Sq Ft
$520/Sq Ft Est. Value

Last Sold October 31, 2012

Last sale price $1,160,000 $257 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $14,804/month

23 Days on Market

Highlights

  • Laundry Facilities
  • Borel Middle School Rated A-
  • Level Lot

About This Home

As of October 2012

This home is located at 200 12th Ave, San Mateo, CA 94402 since 25 August 2012 and is currently estimated at $2,349,994, approximately $519 per square foot. This property was built in 1948. 200 12th Ave is a home located in San Mateo County with nearby schools including Sunnybrae Elementary School, Borel Middle School, and Aragon High School.

Last Agent to Sell the Property

Tom Hovorka

Better Homes and Gardens Real Estate JFF License #00932127 Listed on: 08/25/2012

Better Homes and Gardens Real Estate JFF

Last Buyer's Agent

Linda Ryan King

Coldwell Banker Realty License #00870750

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,000

Year Built

  • 1948

Lot Details

  • 5,881

Parking

  • Covered Parking

Home Design

  • Quadruplex

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Additional Features

  • 2-Story Property
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $76,400
  • The owner pays for electric, services - gardener/landscaping, gas, heating

Community Details

Building Details

  • Gardener Expense $720
  • Insurance Expense $1,976
  • Maintenance Expense $2,000
  • Other Expense $475
  • Utility Expense $1,620
  • Trash Expense $689
  • Operating Expense $24,556
  • Gross Income $77,000

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,000

Year Built

1948

Lot Details

0

Listing Details

  • Zoning: quad
  • Subclass: Fourplex
  • Age: 64
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1948

Interior Features

  • Kitchen: Refrigerator
  • Stories: 2
  • Laundry: Washer/Dryer - Owned, Washer/Dryer - Owned Coin-Op, Community Facility

Garage/Parking

  • Garage Parking Features: Common Parking Area

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Location: Corner
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5900.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5900.00
  • Lot Size Area Min Search: 5900.00
  • Maximum Lot Size: 5900.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.52

Multi Family

  • Expense Insurance: 1976
  • Expense Landscape: 720
  • Expense Maintenance: 2000
  • Expenses Other: 475
  • Expenses Total: 24556
  • Expenses Utility: 1620
  • Expense Trash: 689
  • Expense Water Sewer: 2504
  • Income Annual Gross: 77000.00
  • Income Annual Rental: 76400
  • Income Gross Scheduled: 77000
  • Income Includes: Laundry
  • Income Laundry: 600
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Services - Gardener, Utilities - Gas, Utilities - Heat, Accounting/Legal
  • Owner Pays: Electric, Services - Gardener/Landscaping, Gas, Heating
  • Tenant Expenses: Utilities - Gas, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2012
Closed on
Oct 24, 2012
Sold by
Quiroz Jean
Bought by
Tappan Paul and Tappan Sonja
Seller's Agent
Tom Hovorka
Better Homes and Gardens Real Estate JFF
Buyer's Agent
Linda Ryan King
Coldwell Banker Realty
List Price
$1,195,000
Sold Price
$1,160,000
Premium/Discount to List
-$35,000
-2.93%
Current Estimated Value
$2,349,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,189,994
Avg. Annual Appreciation
5.74%
Original Mortgage
$600,000
Outstanding Balance
$418,350
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$1,955,259

Purchase Details

Closed on
Dec 2, 2003
Sold by
Mayer Charles
Bought by
Quiroz Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$855,000
Interest Rate
4.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 1998
Sold by
Boardman Albert G
Bought by
Mayer Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.97%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Tappan Paul $1,160,000 North American Title Co Inc
Quiroz Jean $1,155,000 First American Title Co
Mayer Charles $634,400 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tappan Paul $600,000
Previous Owner Quiroz Jean $863,000
Previous Owner Quiroz Jean $855,000
Previous Owner Mayer Charles $679,250
Previous Owner Mayer Charles $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2012 10/31/12 Sold $1,160,000 -2.9% $257 / Sq Ft
09/17/2012 09/17/12 Pending -- -- --
08/25/2012 08/25/12 For Sale $1,195,000 -- $264 / 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 $24,000 $1,428,446 $714,223 $714,223
2023 $24,000 $1,372,980 $686,490 $686,490
2022 $21,494 $1,346,060 $673,030 $673,030
2021 $19,161 $1,319,668 $659,834 $659,834
2020 $19,580 $1,306,138 $653,069 $653,069
2019 $18,496 $1,280,528 $640,264 $640,264
2018 $17,366 $1,255,420 $627,710 $627,710
2017 $17,366 $1,230,804 $615,402 $615,402
2016 $16,431 $1,206,672 $603,336 $603,336
2015 $16,750 $1,188,548 $594,274 $594,274
2014 $16,005 $1,165,266 $582,633 $582,633
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81231994

MLSListings

APN: 034-287-010