NOT LISTED FOR SALE

21 E 39th Ave San Mateo, CA 94403

Hillsdale Neighborhood

Estimated Value: $1,628,000 - $2,149,881

4 Beds
2 Baths
2,263 Sq Ft
$784/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $1,400,000 $619 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $10,965/month

8 Days on Market

Highlights

  • Enclosed Parking
  • 2 Car Attached Garage
  • 1-Story Property
  • George Hall Elementary School Rated A
  • Forced Air Heating System

About This Home

As of June 2021

Blocks from Bel-Mateo Village, Hillsdale Shopping Center, Caltrain station, two identical units of 2 bedrooms/1 bath, with 2-car attached garage in between, All inspections done, #21 at front, #23 (Relatively/thoroughly remodeled in 2008, with hardwood floor throughout, new kitchen, bath windows, etc.) in the back with sizable backyard enclosed, with mature trees/greeneries (a good target for owner occupancy). Long term tenants in #21, 2010 through 2021 February, #23 since 2014 June. Fresh paint on exterior on both units: fresh interior paint and new carpet on #21. New roof 2018 on unit #21, new driveway 2018. The last 12 of the 40 photos are for the back unit #23.

Last Agent to Sell the Property

Eric Chen

Coldwell Banker Realty License #00997658 Listed on: 04/13/2021

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1957

Lot Details

  • 6,752

Parking

  • 2 Car Attached Garage
  • Enclosed Parking
  • Garage Door Opener

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,263 Sq Ft Home
  • 1-Story Property

Additional Features

  • 6,752 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $29,700

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $1,400
  • Insurance Expense $1,700
  • Maintenance Expense $500
  • Operating Expense $17,867
  • Gross Income $29,403

Property Details

Home Type

Multi-Family

Year Built

1957

Lot Details

0

Parking

2

Listing Details

  • Zoning: R30000
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2263
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1957

Interior Features

  • Living Sq Ft: 2263
  • Stories: 1

Exterior Features

  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Enclosed, Gate / Door Opener

Utilities

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

Lot Info

  • Lot Acres: 0.1550
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6750.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6750.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 47.10
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1700
  • Expense Landscape: 1400
  • Expense Maintenance: 500
  • Expenses Total: 17867
  • Income Annual Gross: 29403.00
  • Income Annual Rental: 29700
  • Income Gross Scheduled: 29700
  • Income Includes: Coin Operated Equip, Rents
  • Meters: Separate Other
  • Number Of Buildings: 1
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2021
Closed on
May 26, 2021
Sold by
Hartanto Mariati and Mariati Hartanto Trust
Bought by
Vanthanh Quoc
Seller's Agent
Eric Chen
Coldwell Banker Realty
List Price
$1,399,000
Sold Price
$1,400,000
Premium/Discount to List
$1,000
0.07%
Current Estimated Value
$1,773,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,970
Avg. Annual Appreciation
5.33%
Original Mortgage
$1,120,000
Outstanding Balance
$1,014,020
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$759,950

Purchase Details

Closed on
Aug 29, 2014
Sold by
Hartanto Mariati
Bought by
Hartanto Mariati

Purchase Details

Closed on
Jan 3, 2006
Sold by
Go Ming J and Go Maria
Bought by
Hartanto Mariati

Purchase Details

Closed on
Mar 10, 2005
Sold by
Go Ming Jauw and Go Maria
Bought by
Go Ming J and Go Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,200
Interest Rate
5.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2005
Sold by
Go Ming J and Go Maria
Bought by
Go Ming Jauw and Go Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,200
Interest Rate
5.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 1999
Sold by
Go Ming Jauw and Go Maria
Bought by
Go Ming J and Go Maria

Purchase Details

Closed on
Jun 4, 1999
Sold by
Esther Colon Gloria
Bought by
Go Ming Jauw and Go Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,300
Interest Rate
7.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vanthanh Quoc $1,400,000 Lawyers Title Company
Hartanto Mariati -- None Available
Hartanto Mariati -- None Available
Go Ming J -- Chicago Title Insurance Co
Go Ming Jauw -- Chicago Title Insurance Co
Go Ming J -- --
Go Ming Jauw $409,000 North American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanthanh Quoc $1,120,000
Previous Owner Go Ming Jauw $277,200
Previous Owner Go Ming Jauw $286,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2021 06/14/21 Sold $1,400,000 +0.1% $619 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $1,399,000 -- $618 / 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 $20,378 $1,515,403 $1,136,553 $378,850
2023 $20,378 $1,456,560 $1,092,420 $364,140
2022 $19,104 $1,428,000 $1,071,000 $357,000
2021 $15,041 $1,073,124 $536,562 $536,562
2020 $14,267 $1,062,122 $531,061 $531,061
2019 $13,626 $1,041,298 $520,649 $520,649
2018 $12,877 $1,020,882 $510,441 $510,441
2017 $12,509 $1,000,866 $500,433 $500,433
2016 $12,298 $981,242 $490,621 $490,621
2015 $11,738 $966,504 $483,252 $483,252
2014 $11,723 $947,572 $473,786 $473,786
Source: Public Records

Agents Affiliated with this Home

  • Eric Chen

    Seller's Agent in 2021

    Eric Chen

    Coldwell Banker Realty

    (650) 400-3135

    2 in this area

    12 Total Sales

    Eric Chen
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Map

Source: MLSListings

MLS Number: ML81838799

MLSListings

APN: 040-071-140

California San Mateo County San Mateo 94403 Hillsdale

21 E 39th Ave, San Mateo, CA

Not Listed for Sale

MultiFamily

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