NOT LISTED FOR SALE

343 N Eldorado St San Mateo, CA 94401

North Central Neighborhood

Estimated Value: $1,640,000 - $1,897,000

5 Beds
3 Baths
3,274 Sq Ft
$541/Sq Ft Est. Value

Last Sold June 27, 2024

Last sale price $1,828,000 $558 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $11,045/month

16 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • 3-minute walk to Martin Luther King Community Park
  • Highlands Elementary School Rated A-

About This Home

As of June 2024

Great investment opportunity near Downtown in San Mateo. Two houses for the price of one: Front house has 2 bedroom plus a good sized office and it has been totally renovated with a new an modern Kitchen, Renovated Bathroom, new engineering floors and fresh interior paint and it has a lovely and charming fireplace in the living room. The Rear Unit is perfect for has 3 bedrooms and 2 1/2 baths, twi car garage and it has also been totally renovated with a new kitchen, bathrooms, Fresh paint and the hardwood floors were just refinished. Both units had newer roof installed in 2023 and are in move in ready conditions. This property has plenty of parking and it is centrally located.

Last Agent to Sell the Property

Hugo De Hoyos

Intero Real Estate Services License #01153534 Listed on: 05/06/2024

Intero Real Estate Services

Last Buyer's Agent

Morgan Kwong

BRG Realty License #01897691

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,668

Year Built

  • 1900

Lot Details

  • 6,050 Sq Ft Lot

Parking

  • 3 Car Garage

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,274 Sq Ft Home
  • 2-Story Property
  • Gas Cooktop
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Laminate

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $111,600

Community Details

Overview

  • 3,274 Sq Ft Building

Building Details

  • Insurance Expense $3,000
  • Operating Expense $24,200
  • Gross Income $109,368

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,668

Year Built

1900

Lot Details

0

Parking

3

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Style: Ranch
  • Age: 124
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3274
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Kitchen: Cooktop - Gas
  • Living Sq Ft: 3274
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Hardwood, Laminate

Exterior Features

  • Foundation: Post And Pier
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 6
  • Garage Parking Features: Attached Garage, Drive Through

Utilities

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

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Acres: 0.1389
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6050.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6050.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.13

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 3000
  • Expenses Total: 24200
  • Income Annual Gross: 109368.00
  • Income Annual Rental: 111600
  • Income Gross Scheduled: 111600
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Insurance
  • Tenant Expenses: All Expenses
  • Vacancy Factor: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2024
Closed on
Jun 25, 2024
Sold by
Lopez Jesus Manuel
Bought by
Li Jintang and Zhou Yanfang
Seller's Agent
Hugo De Hoyos
Intero Real Estate Services
Buyer's Agent
Morgan Kwong
BRG Realty
List Price
$1,689,000
Sold Price
$1,828,000
Premium/Discount to List
$139,000
8.23%
Views
10
Current Estimated Value
$1,772,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,771
Avg. Annual Appreciation
-2.66%
Original Mortgage
$1,188,000
Outstanding Balance
$1,176,397
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$595,832

Purchase Details

Closed on
Aug 20, 2004
Sold by
Lopez Jesus Manuel and Lopez Alma Rocio
Bought by
Lopez Jesus Manuel and Lopez Alma Rocio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
5.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2002
Sold by
Espinoza Erin and Espinoza Ana
Bought by
Lopez Jesus Manuel and Lopez Alma R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
6.52%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 4, 1994
Sold by
Nuno Fernando M and Flores Maria Ofelia
Bought by
Espinoza Erin and Espinoza Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,100
Interest Rate
8.55%

Purchase Details

Closed on
Jun 1, 1994
Sold by
Nuno Fernando M and Flores Maria Ofelia
Bought by
Nuno Fernando M and Flores Maria Ofelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,500
Interest Rate
7.75%
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
Li Jintang $1,828,000 Fidelity National Title Compan
Lopez Jesus Manuel -- Fidelity National Title
Lopez Jesus Manuel $312,500 North American Title Co
Espinoza Erin $369,000 North American Title Company
Nuno Fernando M -- North American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Jintang $1,188,000
Previous Owner Lopez Jesus Manuel $100,000
Previous Owner Lopez Jesus Manuel $25,000
Previous Owner Lopez Jesus Manuel $25,000
Previous Owner Lopez Jesus M $95,000
Previous Owner Lopez Jesus Manuel $900,000
Previous Owner Lopez Jesus Manuel $795,000
Previous Owner Lopez Jesus Manuel $100,000
Previous Owner Lopez Jesus Manuel $660,000
Previous Owner Lopez Jesus Manuel $625,000
Previous Owner Espinoza Erin $332,100
Previous Owner Nuno Fernando M $240,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2024 06/27/24 Sold $1,828,000 +8.2% $558 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $1,689,000 -- $516 / 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 $16,668 $1,864,560 $1,224,000 $640,560
2023 $16,668 $870,041 $501,147 $368,894
2022 $16,143 $852,982 $491,321 $361,661
2021 $14,512 $836,258 $481,688 $354,570
2020 $13,623 $827,684 $476,749 $350,935
2019 $12,612 $811,455 $467,401 $344,054
2018 $11,849 $795,545 $458,237 $337,308
2017 $12,422 $779,947 $449,252 $330,695
2016 $11,545 $764,655 $440,444 $324,211
2015 $11,051 $753,171 $433,829 $319,342
2014 $10,977 $738,418 $425,331 $313,087
Source: Public Records

Agents Affiliated with this Home

  • Hugo De Hoyos

    Seller's Agent in 2024

    Hugo De Hoyos

    Intero Real Estate Services

    (650) 931-8300

    6 in this area

    176 Total Sales

    Section Image
  • Morgan Kwong

    Buyer's Agent in 2024

    Morgan Kwong

    BRG Realty

    (650) 376-3328

    2 in this area

    28 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81960125

MLSListings

APN: 032-206-040

California San Mateo County San Mateo 94401 North Central

343 N Eldorado St, San Mateo, CA

This home is located at 343 N Eldorado St, San Mateo, CA 94401 since 06 May 2024 and is currently estimated at $1,772,229, approximately $541 per square foot. This property was built in 1900. 343 N Eldorado St is a home located in San Mateo County with nearby schools including Highlands Elementary School, Borel Middle School, and San Mateo High School.

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