NOT LISTED FOR SALE

Estimated Value: $1,409,000 - $2,069,795

3 Beds
3 Baths
2,650 Sq Ft
$670/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $1,750,000 $660 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $11,743/month

16 Days on Market

Highlights

  • Safe Room
  • City Lights View
  • Wood Flooring
  • South San Francisco High School Rated A-
  • Contemporary Architecture
  • Secured Garage or Parking

About This Home

As of July 2022

This home is located at 317 Laurel Ave, South San Francisco, CA 94080 since 03 June 2022 and is currently estimated at $1,775,449, approximately $669 per square foot. This property was built in 1972. 317 Laurel Ave is a home located in San Mateo County with nearby schools including Spruce Elementary School, Parkway Heights Middle School, and South San Francisco High School.

Last Agent to Sell the Property

JOHN HARRY PROUTY

Intero Real Estate Services License #00589451 Listed on: 06/03/2022

Intero Real Estate Services

Last Buyer's Agent

JOHN HARRY PROUTY

Intero Real Estate Services License #00589451 Listed on: 06/03/2022

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,930

Year Built

  • 1972

Lot Details

  • 4,500 Sq Ft Lot
  • Fenced
  • Mostly Level
  • Back Yard

Parking

  • 2 Car Garage
  • Secured Garage or Parking
  • Off-Street Parking

Property Views

  • City Lights
  • Mountain

Home Design

  • Duplex
  • Contemporary Architecture
  • Wood Frame Construction
  • Ceiling Insulation
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,650 Sq Ft Home
  • 2-Story Property
  • Safe Room
  • Washer and Dryer

Kitchen

  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $60,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $3,000
  • Maintenance Expense $1,200
  • Manager Expense $2,400
  • Other Expense $1,000
  • Operating Expense $12,700
  • Gross Income $60,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,930

Year Built

1972

Lot Details

0

Parking

2

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Style: Contemporary
  • Age: 50
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2650
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1972

Interior Features

  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Dishwasher, Exhaust Fan, Microwave, Oven - Built-In, Oven - Electric, Refrigerator
  • Living Sq Ft: 2650
  • Stories: 2
  • Security: Secured Garage / Parking, Varies By Unit
  • Laundry: Hookups Only, Washer / Dryer
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Safe / Panic / Room, Storage

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Shingle
  • View: City Lights, Mountains
  • Yard/Grounds: Back Yard, Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

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

Schools

  • School District: South San Francisco Unified
  • Elementary School: Sunshine Gardens Elementary
  • Middle School: Parkway Heights Middle
  • High School: South San Francisco High
  • High School: 761
  • Elementary School: 758
  • Middle School: 753

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 0.1033
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4500.00

Green Features

  • Energy Features: Ceiling Insulation

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 28.33
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 3000
  • Expense Maintenance: 1200
  • Expense Management: 2400
  • Expenses Other: 1000
  • Expenses Total: 12700
  • Income Annual Gross: 60000.00
  • Income Annual Rental: 60000
  • Income Gross Scheduled: 60000
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Accounting/Legal, Fee - Professional Services, Maintenance - Repair, Services - Sewer
  • Tenant Expenses: Miscellaneous/Other, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jul 5, 2022
Sold by
Armanino Family Trust
Bought by
Nafziger Family Trust
Seller's Agent
JOHN HARRY PROUTY
Intero Real Estate Services
Buyer's Agent
JOHN HARRY PROUTY
Intero Real Estate Services
List Price
$1,699,888
Sold Price
$1,750,000
Premium/Discount to List
$50,112
2.95%
Current Estimated Value
$1,826,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,204
Avg. Annual Appreciation
2.64%

Purchase Details

Closed on
Feb 14, 2018
Sold by
Armanino Leonore and The Armanino Family Trust
Bought by
Armanino Leonore and Armanino Family Trust

Purchase Details

Closed on
Sep 16, 1998
Sold by
Armanino L
Bought by
Armanino Leonore
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
Nafziger Family Trust $1,750,000 Fidelity National Title
Armanino Leonore -- None Available
Armanino Leonore -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2022 07/07/22 Sold $1,750,000 +2.9% $660 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $1,699,888 -- $641 / 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 $20,930 $1,820,700 $1,040,400 $780,300
2023 $20,930 $1,750,000 $1,000,000 $750,000
2022 $19,280 $138,567 $32,316 $106,251
2021 $2,838 $135,851 $31,683 $104,168
2020 $2,795 $134,459 $31,359 $103,100
2019 $2,778 $131,824 $30,745 $101,079
2018 $2,718 $129,241 $30,143 $99,098
2017 $2,583 $126,707 $29,552 $97,155
2016 $2,420 $124,223 $28,973 $95,250
2015 $2,377 $122,358 $28,538 $93,820
2014 $2,351 $119,962 $27,979 $91,983
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81894808

MLSListings

APN: 012-184-190