NOT LISTED FOR SALE

Estimated Value: $1,261,000 - $1,479,000

4 Beds
3 Baths
2,108 Sq Ft
$653/Sq Ft Est. Value

Last Sold May 09, 2014

Last sale price $765,000 $363 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $8,495/month

372 Days on Market

Highlights

  • Community Playground
  • Tile Flooring
  • Level Lot
  • South San Francisco High School Rated A-
  • Forced Air Heating System
  • 2-minute walk to Centennial Way Dog Park

About This Home

As of May 2014

Spacious top unit with living room, dining room AND family room. Perfect for someone looking to live in one unit and rent out the other. Freshly landscaped back yard Quiet neighborhood Easy access to 280 and El Camino Close to Tanforan and Brentwood Shopping Centers Close proximity to BART and Kaiser Medical center. Unit 229 is vacant; previous rent $1,995

Last Agent to Sell the Property

Paul Beaudreau

Gilmartin Group License #01910286 Listed on: 04/15/2013

Gilmartin Group

Last Buyer's Agent

Paul Beaudreau

Gilmartin Group License #01910286 Listed on: 04/15/2013

Gilmartin Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,518

Year Built

  • 1960

Lot Details

  • 3,746

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,108 Sq Ft Home
  • 2-Story Property
  • Oven or Range
  • Laundry in Garage

Flooring

  • Carpet
  • Tile

Parking

  • Private Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $45,540
  • The owner pays for electric, garbage, water

Community Details

Overview

  • 2,108 Sq Ft Building

Recreation

  • Community Playground

Building Details

  • Insurance Expense $861
  • Maintenance Expense $2,000
  • Utility Expense $2,351
  • Operating Expense $14,521
  • Gross Income $45,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,518

Year Built

1960

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 54
  • Inspections Reports: Fault Zone, Pest Control, Property Inspection, Flood Zone
  • Sale Price Per Sq Ft: 362.90
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 2108
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 2108
  • Stories: 2
  • Laundry: In Garage
  • Flooring: Tile, Carpet - Wall To Wall, Carpet

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Off-Street Parking

Utilities

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

Condo/Co-op/Association

  • HOA Amenities: Playground, Patio - Common, Bbq Area

Association/Amenities

  • Amenities Miscellaneous: Storage Area(s)

Schools

  • School District: South San Francisco Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3800.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 3800.00
  • Lot Size Area Min Search: 3800.00
  • Maximum Lot Size: 3800.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.30

Multi Family

  • Expense Insurance: 861
  • Expense Maintenance: 2000
  • Expenses Total: 14521
  • Expenses Utility: 2351
  • Income Annual Gross: 45540.00
  • Income Annual Rental: 45540
  • Income Gross Scheduled: 45540
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Tax
  • Owner Pays: Electric, Garbage, Water
  • Tenant Expenses: Utilities - Gas, Cable Tv, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2013
Closed on
May 1, 2014
Sold by
Fernandez Jaime and Fernandez Ester
Bought by
Hanhan Anwar S and Hanhan Mary A
Seller's Agent
Paul Beaudreau
Gilmartin Group
Buyer's Agent
Paul Beaudreau
Gilmartin Group
List Price
$788,000
Sold Price
$765,000
Premium/Discount to List
-$23,000
-2.92%
Current Estimated Value
$1,376,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$611,118
Avg. Annual Appreciation
5.35%

Purchase Details

Closed on
Oct 23, 2008
Sold by
Equity Growth Asset Management
Bought by
Fernandez Jaime and Fernandez Ester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2008
Sold by
Torres Juan
Bought by
Equity Growth Asset Management

Purchase Details

Closed on
Jun 28, 2005
Sold by
Torres Josefina M
Bought by
Torres Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$654,400
Interest Rate
6.85%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 10, 2004
Sold by
Quellos Lon M and Quellos Sally
Bought by
Quellos Lon M and Quellos Sally J

Purchase Details

Closed on
Jul 22, 2003
Sold by
Quellos Sally and Valdez Sally
Bought by
Quellos Lon M and Quellos Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.55%
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
Hanhan Anwar S $765,000 North American Title Co Inc
Fernandez Jaime $575,000 Fidelity National Title Co
Equity Growth Asset Management $393,450 None Available
Torres Juan -- Alliance Title
Torres Juan $818,000 Alliance Title
Quellos Lon M -- --
Quellos Lon M -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fernandez Jaime $460,000
Previous Owner Torres Juan $95,600
Previous Owner Torres Juan $654,400
Previous Owner Torres Juan $163,600
Previous Owner Quellos Lon M $160,000
Previous Owner Quellos Lon M $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2014 05/09/14 Sold $765,000 -2.9% $363 / Sq Ft
04/22/2014 04/22/14 Pending -- -- --
04/15/2013 04/15/13 For Sale $788,000 -- $374 / 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 $11,518 $937,770 $468,885 $468,885
2023 $11,518 $901,358 $450,679 $450,679
2022 $10,709 $883,686 $441,843 $441,843
2021 $10,566 $866,360 $433,180 $433,180
2020 $10,432 $857,478 $428,739 $428,739
2019 $10,325 $840,666 $420,333 $420,333
2018 $10,082 $824,184 $412,092 $412,092
2017 $9,806 $808,024 $404,012 $404,012
2016 $9,577 $792,182 $396,091 $396,091
2015 $9,422 $780,284 $390,142 $390,142
2014 $7,614 $611,714 $302,015 $309,699
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81411439

MLSListings

APN: 014-035-200