NOT LISTED FOR SALE

Estimated Value: $2,420,000 - $4,313,786

4 Beds
5 Baths
4,000 Sq Ft
$776/Sq Ft Est. Value

Last Sold May 23, 2018

Last sale price $2,800,000 $700 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $19,763/month

14 Days on Market

Highlights

  • Art Studio
  • Deck
  • Wood Flooring
  • Borel Middle School Rated A-
  • Normandy Architecture
  • Den

About This Home

As of May 2018

Wait until you see this ... A truly one of a kind opportunity to own a duplex in the coveted Baywood neighborhood of San Mateo; Spanning both De Sabla Road and Baytree Way , 22 De Sabla offers its owner the unique ability to essentially own two single family homes on one lot. Consisting of two elegant split-level 2 bedroom 1.5 half bath homes both units enjoy their own private backyard, two car garage and street frontage. Living and renting like two single-family homes; there is no better configuration for an owner-occupier. Mere steps away from Downtown San Mateo, Central Park, vibrant B St with all its restaurants, shops and boutiques this is an ideal location for those who love being close to the action. Bonus Room with Full bath offers an easy In-Law potential, perfect guest room or for additional income.

Last Agent to Sell the Property

Paul Beaudreau

Gilmartin Group License #01910286 Listed on: 03/01/2018

Gilmartin Group

Last Buyer's Agent

Timothy Gilmartin

Gilmartin Group License #00841354

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $41,815

Year Built

  • 1950

Lot Details

  • 7,318 Sq Ft Lot
  • Fenced
  • Level Lot
  • Sprinkler System
  • Grass Covered Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Duplex
  • Normandy Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,000 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Den
  • Art Studio
  • Storage Room
  • Washer and Dryer

Flooring

  • Wood
  • Tile
  • Vinyl

Outdoor Features

  • Deck
  • Barbecue Area

Utilities

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

Listing and Financial Details

  • Total Actual Rent $119,880

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $2,400
  • Insurance Expense $1,800
  • Maintenance Expense $2,000
  • Utility Expense $2,424
  • Operating Expense $39,532
  • Gross Income $113,886

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$41,815

Year Built

1950

Lot Details

0

Parking

4

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Style: Normandy
  • Age: 68
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Living Sq Ft: 4000
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Artist Studio, Office Area, Storage

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Bbq Area, Deck, Fenced, Low Maintenance, Sprinklers - Lawn
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • School District: San Mateo Union High
  • Elementary School: Park Elementary
  • Middle School: Borel Middle
  • High School: San Mateo High
  • High School: 672
  • Elementary School: 665
  • Middle School: 610

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1680
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7320.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7320.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 21.65
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1800
  • Expense Landscape: 2400
  • Expense Maintenance: 2000
  • Expenses Total: 39532
  • Expenses Utility: 2424
  • Income Annual Gross: 113886.00
  • Income Annual Rental: 119880
  • Income Gross Scheduled: 119880
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Utilities - Water
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2025
Sold by
Russell Adrienne and Russell Robert
Bought by
Barry Family Trust and Barry
Current Estimated Value
$3,103,947

Purchase Details

Listed on
Mar 1, 2018
Closed on
May 18, 2018
Sold by
Gore Joseph E and Butt John J
Bought by
Lorenzen Robert and Lorenzen Julienne
Seller's Agent
Paul Beaudreau
Gilmartin Group
Buyer's Agent
Timothy Gilmartin
Gilmartin Group
List Price
$2,595,000
Sold Price
$2,800,000
Premium/Discount to List
$205,000
7.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.40%
Original Mortgage
$2,240,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 26, 1995
Sold by
Butt Marianne G
Bought by
Butt Marianne
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
Barry Family Trust $2,055,000 Wfg National Title Insurance C
Russell Adrienne -- Wfg National Title Insurance C
Lorenzen Robert -- Wfg National Title Insurance C
Lorenzen Robert $2,800,000 North American Title Co Inc
Butt Marianne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lorenzen Robert $2,240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2018 05/23/18 Sold $2,800,000 +7.9% $700 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $2,595,000 -- $649 / 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 $41,815 $3,185,918 $2,048,091 $1,137,827
2023 $41,815 $3,062,207 $1,968,562 $1,093,645
2022 $40,155 $3,002,164 $1,929,963 $1,072,201
2021 $39,634 $2,943,299 $1,892,121 $1,051,178
2020 $37,384 $2,913,120 $1,872,720 $1,040,400
2019 $34,809 $2,856,000 $1,836,000 $1,020,000
2018 $4,725 $221,765 $58,862 $162,903
2017 $3,961 $217,417 $57,708 $159,709
2016 $3,531 $213,155 $56,577 $156,578
2015 $3,933 $209,955 $55,728 $154,227
2014 $3,990 $205,843 $54,637 $151,206
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81694486

MLSListings

APN: 032-412-230