NOT LISTED FOR SALE

34 Elm St San Carlos, CA 94070

Cordes Neighborhood

Estimated Value: $1,989,000 - $3,167,304

4 Beds
2 Baths
2,920 Sq Ft
$820/Sq Ft Est. Value

Sale Details

Date Sold: August 27, 2012

Last sale price $920,000 $315 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $14,327 / mo

16 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Forced Air Heating System
  • Arundel Elementary School Rated A

About This Home

As of August 2012

Well maintained and renovated duplex located near downtown San Carlos. Spacious units comprised of two, 2br/1ba units, fully rented, separately metered, individual washer/dryers and hot water heaters, private patio/backyards, extra large garages with bonus room and workshop space. Units feature hardwood/tile floors, new granite countertops, new light fixtures, stainless steel appliances.

Last Agent to Sell the Property

Jocelyn Jamias

BT Commercial Real Estate License #01098891 Listed on: 07/02/2012

BT Commercial Real Estate

Last Buyer's Agent

Regina Puzon

Redfin License #01731715

Property Details

Home Type

  • Multi-Family

Year Built

  • 1947

Lot Details

  • 6,273

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Neighborhood Views
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Tile

Parking

  • Garage
  • Private Parking
  • Garage Door Opener
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $54,576
  • The owner pays for services - gardener/landscaping, water
  • Month-to-Month Lease Term

Community Details

Overview

  • 2 Units

Building Details

  • Gardener Expense $1,800
  • Insurance Expense $596
  • Maintenance Expense $1,000
  • Manager Expense $2,400
  • Other Expense $887
  • Operating Expense $19,379
  • Gross Income $53,484

Property Details

Home Type

Multi-Family

Year Built

1947

Lot Details

6,273 Sq Ft Lot

Listing Details

  • Zoning: R300
  • Subclass: Duplex
  • 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: 1947

Interior Features

  • Kitchen: Garbage Disposal, Microwave, Oven Range, Refrigerator
  • Stories: 2
  • Laundry: Washer/Dryer - All Units, Washer/Dryer - Owned, In Garage
  • Flooring: Tile, Hardwood

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Gate / Door Opener, Private / Exclusive, Off-Street Parking, Spaces Per Unit - 1

Utilities

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

Condo/Co-op/Association

  • HOA Amenities: Patio - Private

Association/Amenities

  • Amenities Miscellaneous: Storage Area(s)

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6480.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6480.00
  • Lot Size Area Min Search: 6480.00
  • Maximum Lot Size: 6480.00

Rental Info

  • Existing Lease Term(s): Month To Month, 1 Year Lease
  • Gross Rent Multiplier: 16.45

Multi Family

  • Expense Insurance: 596
  • Expense Landscape: 1800
  • Expense Maintenance: 1000
  • Expense Management: 2400
  • Expenses Other: 887
  • Expenses Total: 19379
  • Expense Water Sewer: 1182
  • Income Annual Gross: 53484.00
  • Income Annual Rental: 54576
  • Income Gross Scheduled: 54576
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener, Utilities - Water, Insurance, Accounting/Legal, Fee - License/Advertising, Maintenance - Repair, Fee - Property Management, Reserve Fund, Services - Sewer, Vacancy Factor, Miscellaneous/Other
  • Owner Pays: Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Electric, Services - Trash Removal
  • Vacancy Amount: 1092
  • Vacancy Factor: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2012
Closed on
Aug 20, 2012
Sold by
Bought by
Seller's Agent
Jocelyn Jamias
BT Commercial Real Estate
Buyer's Agent
Regina Puzon
Redfin
List Price
$898,000
Sold Price
$920,000
Premium/Discount to List
$22,000
2.45%
Current Estimated Value
$2,393,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,473,576
Avg. Annual Appreciation
7.13%
Original Mortgage
$736,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2008
Sold by
Bought by

Purchase Details

Closed on
Aug 9, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$784,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$784,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,100
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$920,000 First American Title Ins Co
$940,000 Multiple
-- None Available
$980,000 Fidelity National Title Co
-- --
-- Commonwealth Land Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $655,210
Closed $668,000
Closed $736,000
Previous Owner $781,000
Previous Owner $784,000
Previous Owner $413,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/27/2012 08/27/12 Sold $920,000 +2.4% $315 / Sq Ft
07/18/2012 07/18/12 Pending -- -- --
07/02/2012 07/02/12 For Sale $898,000 -- $308 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $15,423 $1,132,900 $566,450 $566,450
2023 $15,423 $1,088,910 $544,455 $544,455
2022 $14,548 $1,067,560 $533,780 $533,780
2021 $14,313 $1,046,628 $523,314 $523,314
2020 $14,124 $1,035,898 $517,949 $517,949
2019 $13,850 $1,015,588 $507,794 $507,794
2018 $13,484 $995,676 $497,838 $497,838
2017 $13,280 $976,154 $488,077 $488,077
2016 $12,981 $957,014 $478,507 $478,507
2015 $12,939 $942,640 $471,320 $471,320
2014 $12,516 $924,176 $462,088 $462,088
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jocelyn Jamias

    BT Commercial Real Estate

    Section Image

  • R

    Buyer's Agent in 2012

    Regina Puzon

    Redfin

See All Agents

Map

Source: MLSListings

MLS Number: ML81224700

MLSListings

APN: 045-311-090

California San Mateo County San Carlos 94070 Cordes

34 Elm St, San Carlos, CA

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