NOT LISTED FOR SALE

316 Torino Dr San Carlos, CA 94070

Beverly Terrace Neighborhood

Estimated Value: $2,536,000 - $3,332,000

8 Beds
4 Baths
5,723 Sq Ft
$499/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $2,300,000 $402 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $18,308/month

13 Days on Market

Highlights

  • Ridge View
  • Forced Air Heating System
  • 2-minute walk to Highlands Park
  • Tierra Linda Middle School Rated A

About This Home

As of November 2020

SC Properties is pleased to present for sale 316 Torino Drive in San Carlos. The property is a very attractive, COMPLETELY VACANT, four unit multi-family building in the desirable and quiet San Carlos hills. The building contains four large 2br/1ba units that have wrap-around balconies with views of the surrounding hills and the canyon below. The building contains a laundry room, storage lockers, onsite owner storage and ample tenant parking spaces seven carport, one open. All units are separately metered for gas and electricity. Since the property is vacant, one can renovate any/all units to their liking without disturbing other occupants within the building. Also, a Buyer will have the luxury of hand selecting a new tenant pool and setting market rental values. Email for a comprehensive marketing package. Tour schedule: Wednesday 10/14 11am to 12pm, Wednesday 10/21 11am to 12pm. All Covid showing protocol will be closely followed. Offers, if any, due Thursday 10/22 by 1pm.

Last Agent to Sell the Property

Kevin Phillips

SC Properties License #01470917 Listed on: 10/12/2020

Last Buyer's Agent

Keri Nicholas

Parc Agency Corporation License #01198898

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,954

Year Built

  • 1961

Lot Details

  • 8,751 Sq Ft Lot

Property Views

  • Ridge
  • Mountain
  • Park or Greenbelt

Home Design

  • Quadruplex
  • Slab Foundation
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,723 Sq Ft Home
  • 2-Story Property

Parking

  • 1 Parking Space
  • 7 Carport Spaces
  • Off-Street Parking

Utilities

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

Community Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,954

Year Built

1961

Lot Details

0

Listing Details

  • Zoning: RM-20
  • Subclass: Fourplex
  • Age: 59
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 5723
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Living Sq Ft: 5723
  • Stories: 2

Exterior Features

  • Foundation: Concrete Block, Concrete Perimeter And Slab
  • Roof: Tar And Gravel
  • View: Greenbelt, Mountains, Ridge

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Covered Parking, Off-Street Parking
  • Carport Min: 7

Utilities

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

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Acres: 0.2009
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8750.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8750.00

Rental Info

  • Existing Lease Term(s): Building Vacant

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Nov 23, 2020
Sold by
Mitchell Teresa and Mitchell Family 1980 Trust
Bought by
998 Harrison F Llc
Seller's Agent
Kevin Phillips
SC Properties
Buyer's Agent
Keri Nicholas
Parc Agency Corporation
List Price
$2,495,000
Sold Price
$2,300,000
Premium/Discount to List
-$195,000
-7.82%
Current Estimated Value
$2,855,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$555,930
Avg. Annual Appreciation
5.36%
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
998 Harrison F Llc $2,300,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 988 Harrison D Llc $1,150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $2,300,000 -7.8% $402 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $2,495,000 -- $436 / 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 $32,954 $2,489,591 $2,099,917 $389,674
2023 $32,954 $2,392,920 $2,018,376 $374,544
2022 $31,047 $2,346,000 $1,978,800 $367,200
2021 $30,552 $2,300,000 $1,940,000 $360,000
2020 $8,202 $303,110 $30,390 $272,720
2019 $7,898 $297,168 $29,795 $267,373
2018 $7,659 $291,342 $29,211 $262,131
2017 $7,434 $285,631 $28,639 $256,992
2016 $7,182 $280,031 $28,078 $251,953
2015 $7,170 $275,826 $27,657 $248,169
2014 $6,720 $270,424 $27,116 $243,308
Source: Public Records

Agents Affiliated with this Home

  • Kevin Phillips

    Seller's Agent in 2020

    Kevin Phillips

    SC Properties

    (650) 380-2868

    1 in this area

    25 Total Sales

    Kevin Phillips
    Section Image
  • Keri Nicholas

    Buyer's Agent in 2020

    Keri Nicholas

    Parc Agency Corporation

    (650) 533-7373

    1 in this area

    221 Total Sales

    Keri Nicholas
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81815250

MLSListings

APN: 050-171-070

California San Mateo County San Carlos 94070 Beverly Terrace

316 Torino Dr, San Carlos, CA

This home is located at 316 Torino Dr, San Carlos, CA 94070 since 12 October 2020 and is currently estimated at $2,855,930, approximately $499 per square foot. This property was built in 1961. 316 Torino Dr is a home located in San Mateo County with nearby schools including Tierra Linda Middle School, Carlmont High School, and Heather Elementary School.

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