NOT LISTED FOR SALE

Estimated Value: $1,584,435 - $2,305,000

8 Beds
4 Baths
2,955 Sq Ft
$634/Sq Ft Est. Value

Last Sold August 26, 2019

Last sale price $2,150,000 $728 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $12,031/month

79 Days on Market

Highlights

  • 3 Car Detached Garage
  • Borel Middle School Rated A-
  • Washer and Dryer

About This Home

As of August 2019

Remodeled Four bedroom single family house with two 2-1 apartments in detached separate building. 3 car garage plus common area parking. $130,800.00 GSI..

Last Agent to Sell the Property

Michael Anthony

MJA Equity Investments, Inc. License #00819426 Listed on: 04/30/2019

Last Buyer's Agent

Michael Anthony

MJA Equity Investments, Inc. License #00819426 Listed on: 04/30/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,200

Year Built

  • 1950

Lot Details

  • 7,126 Sq Ft Lot

Parking

  • 3 Car Detached Garage
  • Off-Street Parking

Home Design

  • Triplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,955 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Crawl Space
  • Washer and Dryer

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $130,800
  • Month-to-Month Lease Term

Community Details

Overview

  • 2,955 Sq Ft Building

Building Details

  • 3 Leased Units
  • Insurance Expense $2,500
  • Maintenance Expense $2,500
  • Other Expense $12,000
  • Utility Expense $1,200
  • Trash Expense $3,000
  • Operating Expense $50,575
  • Gross Income $126,876

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,200

Year Built

1950

Lot Details

0

Parking

3

Listing Details

  • Zoning: RM0004
  • Subclass: Triplex
  • Age: 69
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2955
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Living Sq Ft: 2955
  • Stories: 2
  • Laundry: Washer / Dryer, Washer/Dryer - Some Units
  • Flooring: Laminate

Exterior Features

  • Foundation: Concrete Perimeter, Sealed Crawlspace
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 4
  • Garage Parking Features: Common Parking Area, Detached Garage, Off-Street Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Acres: 0.1636
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7125.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7125.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Less Than 1 Yr, Month To Month
  • Gross Rent Multiplier: 17.97
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 2500
  • Expense Maintenance: 2500
  • Expenses Other: 12000
  • Expenses Total: 50575
  • Expenses Utility: 1200
  • Expense Trash: 3000
  • Income Annual Gross: 126876.00
  • Income Annual Rental: 130800
  • Income Gross Scheduled: 130800
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 3
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2016
Sold by
301-321 Oxford Way Llc
Bought by
Chavez Marco D
Current Estimated Value
$1,872,109

Purchase Details

Closed on
Oct 28, 2014
Sold by
Beazor Jon F and Windust Linda T
Bought by
301-321 Oxford Way Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3.45%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 25, 2013
Sold by
Beazor Jon F and Jon F Beazor 2008 Living Trust
Bought by
Beazor Jon F and Windust Linda T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,500
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2011
Sold by
Beazor Jon F and Beazor Jon
Bought by
Beazor Jon F and Windust Linda T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2011
Sold by
Beazor Jon
Bought by
Beazor Jon F and Jon F Beazor 2008 Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2009
Sold by
Delumen Johanssen A and Delumen Del Mundo
Bought by
Beazor Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2006
Sold by
Ferguson Richard P and The Wallace Virgil Ferguson &
Bought by
Delumen Johanssen A and Delumen Del Mundo

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
2%
Mortgage Type
Negative Amortization
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
Chavez Marco D $1,100,000 Fidelity National Title Co
301-321 Oxford Way Llc $1,000,000 First American Title Company
Beazor Jon F -- Title365 Company
Beazor Jon F -- Fidelity National Title Co
Beazor Jon F -- Accommodation
Beazor Jon $750,000 First American Title Company
Delumen Johanssen A $1,000,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Marco D $1,290,000
Closed Chavez Marco D $965,268
Previous Owner 301-321 Oxford Way Llc $550,000
Previous Owner Beazor Jon F $533,500
Previous Owner Beazor Jon F $525,000
Previous Owner Beazor Jon $412,500
Previous Owner Delumen Johanssen A $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2019 08/26/19 Sold $2,150,000 -8.5% $728 / Sq Ft
07/19/2019 07/19/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $2,350,000 +135.0% $795 / Sq Ft
04/30/2015 04/30/15 Sold $1,000,000 +6.4% $338 / Sq Ft
10/06/2014 10/06/14 Pending -- -- --
09/22/2014 09/22/14 For Sale $939,500 -- $318 / 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 $22,200 $1,302,169 $970,710 $331,459
2023 $22,200 $1,251,606 $933,017 $318,589
2022 $20,156 $1,227,066 $914,723 $312,343
2021 $18,999 $1,203,007 $896,788 $306,219
2020 $18,966 $1,190,673 $887,593 $303,080
2019 $17,517 $1,167,328 $870,190 $297,138
2018 $16,780 $1,144,440 $853,128 $291,312
2017 $14,350 $1,122,000 $836,400 $285,600
2016 $13,714 $1,015,250 $507,625 $507,625
2015 $14,499 $1,000,000 $500,000 $500,000
2014 $11,752 $752,488 $376,244 $376,244
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81749514

MLSListings

APN: 032-202-010