NOT LISTED FOR SALE

Estimated Value: $1,286,000 - $1,764,013

3 Beds
2 Baths
1,398 Sq Ft
$1,055/Sq Ft Est. Value

Last Sold August 26, 2013

Last sale price $652,000 $466 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $8,714/month

12 Days on Market

Highlights

  • Wood Flooring
  • Skylights
  • Forced Air Heating System
  • Woodside High School Rated A
  • Guest Parking
  • 1-Story Property

About This Home

As of August 2013

Investor opportunity! Lovely remodeled duplex in Menlo Park. 2BR/1Bth (~800 sq ft) on #222. 1BR/1Bth (~600 sq ft) on #224. Separated meters. Both units with new laminated floor, granite counter top kitchen, skylight, double pane windows. 3 years old roof and furnace (#222). Over sized 2-car garage. Large front & back yard with beautiful trees. #224 tenant occupied - DO NOT DISTURB

Last Agent to Sell the Property

Wayne Shen

Compass License #01905829 Listed on: 07/06/2013

Compass

Last Buyer's Agent

Leah Chen

Sterling Real Estate License #01375897

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,959

Year Built

  • 1948

Lot Details

  • 6,142

Home Design

  • Duplex
  • Ceiling Insulation
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,398 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Oven or Range

Flooring

  • Wood
  • Tile

Parking

  • Private Parking
  • Guest Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $38,400

Community Details

Overview

  • 1,398 Sq Ft Building

Building Details

  • Gardener Expense $200
  • Insurance Expense $1,000
  • Maintenance Expense $1,000
  • Operating Expense $8,143
  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,959

Year Built

1948

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Inspections Reports: Pest Control, Property Inspection
  • Sale Price Per Sq Ft: 466.38
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1398
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1948

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 1398
  • Stories: 1
  • Laundry: 220 Volt Outlet
  • Flooring: Tile, Hardwood

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Guest / Visitor Parking, Spaces Per Unit - 1, Off-Street Parking

Utilities

  • Heating System: Central Forced Air, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6076.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6076.00
  • Lot Size Area Min Search: 6076.00
  • Maximum Lot Size: 6076.00

Green Features

  • Energy Features: Skylight, Ceiling Insulation

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 15.31

Multi Family

  • Expense Insurance: 1000
  • Expense Landscape: 200
  • Expense Maintenance: 1000
  • Expenses Total: 8143
  • Income Annual Gross: 38400.00
  • Income Annual Rental: 38400
  • Income Gross Scheduled: 38400
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance - Repair, Fee - Property Tax
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2020
Sold by
Tsui Ching Sze and Wai Lam
Bought by
Tsui Ching Sze and Wai Lam
Current Estimated Value
$1,474,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Outstanding Balance
$393,710
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,080,543

Purchase Details

Closed on
Jan 28, 2018
Sold by
Tsui Ching Sze and Wai Lam
Bought by
Tsui Ching Sze and Wai Lam

Purchase Details

Listed on
Jul 6, 2013
Closed on
Aug 19, 2013
Sold by
Ting Ming Jin Ivy and Ting Chung Yu
Bought by
Tsui Chingsze and Wai Lam
Seller's Agent
Wayne Shen
Compass
Buyer's Agent
Leah Chen
Sterling Real Estate
List Price
$588,000
Sold Price
$652,000
Premium/Discount to List
$64,000
10.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%
Original Mortgage
$489,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2010
Sold by
Sunshine Fields Llc
Bought by
Ting Ming Jin Ivy and Ting Chung Yu

Purchase Details

Closed on
Jul 7, 2009
Sold by
Hsbc Bank Usa Na
Bought by
Sunshine Fields Llc

Purchase Details

Closed on
Jul 8, 2008
Sold by
Salazar Paulina
Bought by
Hsbc Bank Usa Na and Securities Corp Home Equity Loan Tr

Purchase Details

Closed on
Jul 7, 2005
Sold by
Gregg Brandon G and Gregg Gail
Bought by
Salazar Paulina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
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
Tsui Ching Sze -- Accommodation
Tsui Ching Sze -- Lawyers Title Sd
Tsui Ching Sze -- None Available
Tsui Chingsze $652,000 First American Title Company
Ting Ming Jin Ivy $380,000 Pacific Coast Title Company
Sunshine Fields Llc $315,000 Multiple
Hsbc Bank Usa Na $520,800 None Available
Salazar Paulina $650,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsui Ching Sze $444,000
Closed Tsui Chingsze $489,000
Previous Owner Salazar Paulina $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2013 08/26/13 Sold $652,000 +10.9% $466 / Sq Ft
07/18/2013 07/18/13 Pending -- -- --
07/06/2013 07/06/13 For Sale $588,000 -- $421 / 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 $11,959 $799,248 $399,624 $399,624
2023 $11,959 $768,214 $384,107 $384,107
2022 $11,134 $753,152 $376,576 $376,576
2021 $10,995 $738,386 $369,193 $369,193
2020 $10,826 $730,816 $365,408 $365,408
2019 $10,673 $716,488 $358,244 $358,244
2018 $10,255 $702,440 $351,220 $351,220
2017 $9,795 $688,668 $344,334 $344,334
2016 $9,507 $675,166 $337,583 $337,583
2015 $9,147 $665,026 $332,513 $332,513
2014 $8,948 $652,000 $326,000 $326,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81324055

MLSListings

APN: 060-093-090