NOT LISTED FOR SALE

Estimated Value: $1,387,000 - $2,005,612

4 Beds
3 Baths
2,554 Sq Ft
$641/Sq Ft Est. Value

Last Sold December 12, 2022

Last sale price $1,375,000 $538 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $10,464/month

18 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Fenced
  • San Mateo High School Rated A+
  • Forced Air Heating and Cooling System
  • Back Yard

About This Home

As of December 2022

Located near downtown San Mateo, this lovingly maintained duplex is loaded with potential. The primary residences main level features a spacious living room and formal dining room with beautiful hardwood flooring. The eat-in kitchen is adjacent to a large laundry room. The three bedrooms have hardwood flooring, and there is a full bathroom on this level. A mud room has a door to the 2-car garage and backyard. Upstairs boasts a large family room and a full bathroom. The second unit has a living area, kitchen, bedroom, and a full bathroom. Both units can access the lush backyard featuring manicured landscaping and multiple patios. With easy access to downtown San Mateo;s restaurants and shopping and situated midway between San Francisco and Silicon Valley, this is an opportunity not to be missed.

Last Agent to Sell the Property

Holly Noto

Coldwell Banker Realty License #01244498 Listed on: 10/13/2022

Coldwell Banker Realty

Co-Listed By

Susan Wang

Coldwell Banker Realty License #00980048

Last Buyer's Agent

George Bazlamit

Park North Real Estate License #01433659

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,559

Year Built

  • 1950

Lot Details

  • 5,349 Sq Ft Lot
  • Fenced
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,554 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Oven or Range
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $12,000

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gross Income $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,559

Year Built

1950

Lot Details

0

Parking

2

Listing Details

  • Zoning: E1000R
  • Subclass: Duplex
  • Age: 72
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2554
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Kitchen: Oven Range
  • Living Sq Ft: 2554
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central Forced Air - Gas, Window / Wall Unit
  • Heating System: Central Forced Air, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Acres: 0.1228
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5350.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5350.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 115.67
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Income Annual Gross: 12000.00
  • Income Annual Rental: 12000
  • Income Gross Scheduled: 12000
  • Income Includes: Rents
  • Meters: Master Gas, Master Water
  • Number Of Buildings: 1
  • Tenant Expenses: Rent Only

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2022
Closed on
Nov 18, 2022
Sold by
Frances Medrano Trust and Medrano Linda Sue
Bought by
Eaton Brad and Eaton Anne Washington
Seller's Agent
Holly Noto
Coldwell Banker Realty
Buyer's Agent
George Bazlamit
Park North Real Estate
List Price
$1,448,000
Sold Price
$1,375,000
Premium/Discount to List
-$73,000
-5.04%
Views
21
Current Estimated Value
$1,636,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,403
Avg. Annual Appreciation
6.63%
Original Mortgage
$378,000
Outstanding Balance
$367,293
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$1,269,110

Purchase Details

Closed on
Nov 6, 2006
Sold by
Medrano Frances
Bought by
Medrano Frances and Frances Medrano Trust Agreemen

Purchase Details

Closed on
Apr 19, 1995
Sold by
Medrano Alex and Medrano Frances
Bought by
Medrano Frances
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
Eaton Brad $1,375,000 Doma Title
Medrano Frances -- None Available
Medrano Frances -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eaton Brad $378,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2022 12/12/22 Sold $1,375,000 -0.9% $538 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
10/27/2022 10/27/22 Price Changed $1,388,000 -4.1% $543 / Sq Ft
10/13/2022 10/13/22 For Sale $1,448,000 -- $567 / 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 $18,559 $1,430,550 $832,320 $598,230
2023 $18,559 $1,375,000 $800,000 $575,000
2022 $3,447 $104,286 $27,670 $76,616
2021 $3,228 $102,242 $27,128 $75,114
2020 $2,766 $101,194 $26,850 $74,344
2019 $2,503 $99,211 $26,324 $72,887
2018 $2,251 $97,266 $25,808 $71,458
2017 $1,608 $95,359 $25,302 $70,057
2016 $1,419 $93,490 $24,806 $68,684
2015 $1,369 $92,087 $24,434 $67,653
2014 $1,316 $90,284 $23,956 $66,328
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81910367

MLSListings

APN: 033-133-070