NOT LISTED FOR SALE

Estimated Value: $1,943,000 - $2,669,764

5 Beds
3 Baths
2,638 Sq Ft
$841/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $1,985,000 $752 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $14,236/month

14 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Balcony
  • Parkside Montessori (PK-8) Rated A
  • Marble Countertops
  • Skylights

About This Home

As of April 2023

Great Peninsula Location, this property offers options for potential Buyers/Investors Lease both units out, buy with family members and have your own family compound. Live in one and rent the other unit out to offset your mortgage payments. Property is move in ready, updated features throughout. Fully fenced rear yards for privacy. nicely landscaped with sprinklers, drip system, covered pergalo, rear patios, concrete walk ways, roses, citrus trees, lawn and drought turf. Garden shed/home office. Each unit has A/C untis and central heating and washer/dryer units. Close to a neighborhood shopping center, bay trail, Hilldale Mall, Hwy 101 and Hwy 92. For air travel commuters this is close to San Carlos airport and SFO. Schedule an appointment to see this wonderful property.

Last Agent to Sell the Property

Frank Vento

Intero Real Estate Services License #01321362 Listed on: 04/02/2023

Intero Real Estate Services

Last Buyer's Agent

Ashley Petty

Compass License #02027420

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,560

Year Built

  • 1960

Lot Details

  • 9,021 Sq Ft Lot
  • Security Fence
  • Mostly Level
  • Back Yard

Parking

  • 2 Car Garage
  • 1 Carport Space
  • Off-Site Parking

Home Design

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

Interior Spaces

  • Walk-In Closet
  • 2,638 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Double Pane Windows
  • Monitored
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Outdoor Features

  • Balcony
  • Shed
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Community Details

Overview

  • 2,638 Sq Ft Building

Building Details

  • Insurance Expense $2,230
  • Utility Expense $600
  • Trash Expense $100
  • Operating Expense $18,608

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,560

Year Built

1960

Lot Details

0

Parking

2

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Style: Traditional
  • Age: 63
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2638
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Kitchen: Countertop - Ceramic, Countertop - Marble, Dishwasher, Exhaust Fan, Garbage Disposal, Hookups - Ice Maker, Ice Maker, Island, Island With Sink, Microwave, Oven Range - Gas, Pantry Cabinet, Refrigerator, Varies By Unit
  • Living Sq Ft: 2638
  • Stories: 1
  • Security: Security Fence, Video / Audio System
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Storage Shed / Structure
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Carport, Off-Site Parking
  • Carport Min: 1

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight, Walk-In Closet

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 0.2071
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9020.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9020.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Expense Insurance: 2230
  • Expenses Total: 18608
  • Expenses Utility: 600
  • Expense Trash: 100
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Loan - Mortgage, Services - Trash Removal, Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2023
Closed on
Apr 20, 2023
Sold by
Maravelias Jake John and Maravelias Janelle Renee
Bought by
Seywald Kevin Lee and Yu Esther
Seller's Agent
Frank Vento
Intero Real Estate Services
Buyer's Agent
Ashley Petty
Compass
List Price
$2,000,000
Sold Price
$1,985,000
Premium/Discount to List
-$15,000
-0.75%
Views
59
Current Estimated Value
$2,195,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,912
Avg. Annual Appreciation
2.84%

Purchase Details

Listed on
Feb 15, 2019
Closed on
Apr 3, 2019
Sold by
Maravelias John H and Maravelias Peter H
Bought by
Maravelias Jake John and Maravelias Janelle Renee
Seller's Agent
Holly Noto
Coldwell Banker Realty
Buyer's Agent
Ara Croce
Intero Real Estate Services
List Price
$1,498,000
Sold Price
$1,589,250
Premium/Discount to List
$91,250
6.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%
Original Mortgage
$820,000
Interest Rate
4.3%
Mortgage Type
New Conventional
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
Seywald Kevin Lee $1,985,000 Lawyers Title Company
Maravelias Jake John $1,589,500 Cornerstone Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maravelias Jake John $824,000
Previous Owner Maravelias Jake John $820,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $1,985,000 -0.7% $752 / Sq Ft
04/16/2023 04/16/23 Pending -- -- --
04/02/2023 04/02/23 Price Changed $1,999,888 0.0% $758 / Sq Ft
04/02/2023 04/02/23 For Sale $2,000,000 +25.8% $758 / Sq Ft
04/12/2019 04/12/19 Sold $1,589,250 +6.1% $602 / Sq Ft
02/27/2019 02/27/19 Pending -- -- --
02/15/2019 02/15/19 For Sale $1,498,000 -- $568 / 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 $26,560 $2,065,194 $1,331,712 $733,482
2023 $26,560 $1,204,403 $798,562 $405,841
2022 $16,508 $1,180,789 $782,905 $397,884
2021 $16,075 $1,157,639 $767,555 $390,084
2020 $15,640 $1,145,771 $759,686 $386,085
2019 $5,403 $250,791 $79,606 $171,185
2018 $4,677 $245,875 $78,046 $167,829
2017 $5,243 $241,055 $76,516 $164,539
2016 $3,548 $236,329 $75,016 $161,313
2015 $3,428 $232,780 $73,890 $158,890
2014 $3,714 $228,221 $72,443 $155,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81923274

MLSListings

APN: 040-412-080