NOT LISTED FOR SALE

3384 Los Prados St San Mateo, CA 94403

Los Prados Neighborhood

Estimated Value: $1,719,000 - $2,115,000

5 Beds
3 Baths
2,638 Sq Ft
$734/Sq Ft Est. Value

Last Sold June 12, 2013

Last sale price $875,000 $332 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $11,881/month

23 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 June 2013

Current Rents are below market value, Great opportunity to increase rents. Property in good condition. Close to Foster City border. Good size corner lot in excellent location. One nice size 3 bedroom 2 bath unit and one 2 bedroom 1 bath unit. Building has a nice size 2 car attached garage. Both tenants will be moved out on May 15th at that time it will be very easy to show.

Last Agent to Sell the Property

David Taylor

Intero Real Estate Services License #01909406 Listed on: 04/22/2013

Last Buyer's Agent

Sally Tzeng

Intero Real Estate Services License #01099960

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,289

Year Built

  • 1960

Lot Details

  • Level Lot

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Parking

  • Garage
  • Private Parking
  • Garage Door Opener

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $39,600

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $1,754
  • Gross Income $39,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,289

Year Built

1960

Lot Details

0

Listing Details

  • Zoning: R200
  • Subclass: Duplex
  • Age: 53
  • Inspections Reports: Pest Control, Property Inspection, Roof, Flood Zone
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Kitchen: Dishwasher, Oven Range, Refrigerator
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Tile, Carpet - Wall To Wall, Vinyl / Linoleum

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Gate / Door Opener, Private / Exclusive

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Storage Area(s)

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Location: Corner
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7000.00
  • Lot Size Area Min Search: 7000.00
  • Maximum Lot Size: 7000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 22.35

Multi Family

  • Expenses Total: 1754
  • Income Annual Gross: 39600.00
  • Income Annual Rental: 39600
  • Income Gross Scheduled: 39600
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Miscellaneous/Other
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Cable Tv, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2016
Sold by
Chen Li Wha
Bought by
Chen Li Wha
Current Estimated Value
$1,937,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Outstanding Balance
$398,713
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$1,462,311

Purchase Details

Closed on
Nov 5, 2014
Sold by
Chen Li Wha
Bought by
Chen Li Wha and The Li Wha Chen Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2013
Closed on
Jun 11, 2013
Sold by
Meyer Wayne
Bought by
Chen Li Wha
Seller's Agent
David Taylor
Intero Real Estate Services
Buyer's Agent
Sally Tzeng
Intero Real Estate Services
List Price
$885,000
Sold Price
$875,000
Premium/Discount to List
-$10,000
-1.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$525,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2004
Sold by
Peterson Katherine M
Bought by
Peterson Katherine M

Purchase Details

Closed on
Oct 20, 1993
Sold by
Peterson Miland L and Peterson Katherine M
Bought by
Peterson Miland L and Peterson Katherine M
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
Chen Li Wha -- Chicago Title Company
Chen Li Wha -- Chicago Title Company
Chen Li Wha -- Old Republic Title Company
Chen Li Wha $875,000 Old Republic Title Company
Peterson Katherine M -- --
Peterson Miland L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Li Wha $495,000
Closed Chen Li Wha $513,000
Closed Chen Li Wha $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2013 06/12/13 Sold $875,000 -1.1% $332 / Sq Ft
05/15/2013 05/15/13 Pending -- -- --
04/22/2013 04/22/13 For Sale $885,000 -- $335 / 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 $15,289 $1,077,490 $538,745 $538,745
2023 $15,289 $1,035,652 $517,826 $517,826
2022 $14,409 $1,015,346 $507,673 $507,673
2021 $14,955 $995,438 $497,719 $497,719
2020 $13,577 $985,232 $492,616 $492,616
2019 $13,256 $965,914 $482,957 $482,957
2018 $12,504 $946,976 $473,488 $473,488
2017 $11,853 $928,408 $464,204 $464,204
2016 $11,186 $910,204 $455,102 $455,102
2015 $11,012 $896,532 $448,266 $448,266
2014 $10,965 $878,972 $439,486 $439,486
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    David Taylor

    Intero Real Estate Services

  • S

    Buyer's Agent in 2013

    Sally Tzeng

    Intero Real Estate Services

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Map

Source: MLSListings

MLS Number: ML81313172

MLSListings

APN: 040-412-150

California San Mateo County San Mateo 94403 Los Prados

3384 Los Prados St, San Mateo, CA

This home is located at 3384 Los Prados St, San Mateo, CA 94403 since 22 April 2013 and is currently estimated at $1,937,269, approximately $734 per square foot. This property was built in 1960. 3384 Los Prados St is a home located in San Mateo County with nearby schools including Parkside Montessori (PK-8), Bayside Academy, and Hillsdale High School.

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