NOT LISTED FOR SALE

Estimated Value: $1,738,000 - $2,222,543

5 Beds
3 Baths
2,638 Sq Ft
$740/Sq Ft Est. Value

Last Sold January 12, 2015

Last sale price $1,080,000 $409 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $12,441/month

50 Days on Market

Highlights

  • Tile Flooring
  • Forced Air Heating System
  • 1-Story Property
  • Parkside Montessori (PK-8) Rated A
  • Level Lot

About This Home

As of January 2015

Two houses for the price of one! Great single story property with fenced back yard for each unit. Lovely Los Prados area, walk to the San Mateo/Foster City bike/walking trail. Close to hwy 92, hwy 101, great location for commuters. New exterior paint, redone driveway and sidewalks.

Last Agent to Sell the Property

Cassandra Smith

Intero Real Estate Services License #01724099 Listed on: 10/16/2014

Intero Real Estate Services

Last Buyer's Agent

Alejandro Lopez

Corcoran Icon Properties License #01725292

Corcoran Icon Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,516

Year Built

  • 1960

Lot Details

  • Level Lot
  • Sprinkler System

Parking

  • Covered Parking

Home Design

  • Duplex
  • Tar and Gravel Roof

Interior Spaces

  • 2,638 Sq Ft Home
  • 1-Story Property
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $51,000
  • The owner pays for services - gardener/landscaping, water
  • Month-to-Month Lease Term

Community Details

Overview

  • 2,638 Sq Ft Building

Building Details

  • Gardener Expense $540
  • Insurance Expense $1,510
  • Maintenance Expense $250
  • Operating Expense $9,620
  • Gross Income $51,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,516

Year Built

1960

Lot Details

0

Listing Details

  • Zoning: R200
  • Subclass: Duplex
  • Age: 54
  • Inspections Reports: Geological/Flood
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 2638
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Kitchen: Dishwasher, Varies By Unit, Oven Range, Refrigerator
  • Living Sq Ft: 2638
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Tile, Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Roof: Tar And Gravel
  • Yard/Grounds: Sprinklers - Lawn

Garage/Parking

  • Garage Parking Features: Common Parking Area

Utilities

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

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6000.00
  • Lot Size Area Min Search: 6000.00
  • Maximum Lot Size: 6000.00

Rental Info

  • Existing Lease Term(s): Month To Month, More Than 1 Yr
  • Gross Rent Multiplier: 21.53

Multi Family

  • Expense Insurance: 1510
  • Expense Landscape: 540
  • Expense Maintenance: 250
  • Expenses Total: 9620
  • Expense Water Sewer: 1740
  • Income Annual Gross: 51000.00
  • Income Annual Rental: 51000
  • Income Gross Scheduled: 51000
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Gas
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener, Utilities - Water, Insurance, Fee - Property Tax, Services - Sewer
  • Owner Pays: Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2015
Sold by
Dejesus Gonzalez Jose and Martinez Maria Delrefugio
Bought by
Dejesus Gonzalez Jose and Martinez Maria Delrefugio
Total Days on Market
50
Current Estimated Value
$1,990,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$791,000
Outstanding Balance
$623,902
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$1,300,585

Purchase Details

Listed on
Oct 16, 2014
Closed on
Jan 8, 2015
Sold by
Paculic Ivan and Peculic Barbara Ann
Bought by
Gonzalez Jose De Jesus and Martinez Maria Delrefugio
Seller's Agent
Cassandra Smith
Intero Real Estate Services
Buyer's Agent
Alejandro Lopez
Corcoran Icon Properties
List Price
$1,098,000
Sold Price
$1,080,000
Premium/Discount to List
-$18,000
-1.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$800,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 16, 2014
Closed on
Jan 6, 2015
Sold by
Martinez Ortensia
Bought by
Martinez Rogelio
Seller's Agent
Cassandra Smith
Intero Real Estate Services
Buyer's Agent
Alejandro Lopez
Corcoran Icon Properties
List Price
$1,098,000
Sold Price
$1,080,000
Premium/Discount to List
-$18,000
-1.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Dejesus Gonzalez Jose -- Lawyers Title Company Of Ca
Gonzalez Jose De Jesus $1,080,000 First American Title Company
Martinez Rogelio -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gonzalez Jose De Jesus $200,000
Open Dejesus Gonzalez Jose $791,000
Closed Gonzalez Jose De Jesus $800,000
Previous Owner Peculic Ivan $330,000
Previous Owner Peculic Ivan $340,000
Previous Owner Peculic Ivan $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2015 01/12/15 Sold $1,080,000 -1.6% $409 / Sq Ft
12/05/2014 12/05/14 Pending -- -- --
10/16/2014 10/16/14 For Sale $1,098,000 -- $416 / 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 $18,516 $1,297,986 $648,993 $648,993
2023 $18,516 $1,247,586 $623,793 $623,793
2022 $17,839 $1,223,124 $611,562 $611,562
2021 $17,130 $1,199,142 $599,571 $599,571
2020 $16,600 $1,186,848 $593,424 $593,424
2019 $15,531 $1,163,578 $581,789 $581,789
2018 $14,937 $1,140,764 $570,382 $570,382
2017 $14,097 $1,118,398 $559,199 $559,199
2016 $13,776 $1,096,470 $548,235 $548,235
2015 $5,233 $372,799 $111,834 $260,965
2014 $6,117 $365,498 $109,644 $255,854
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81437370

MLSListings

APN: 040-412-140