NOT LISTED FOR SALE

37 2nd Ave Daly City, CA 94014

Hillside Neighborhood

Estimated Value: $1,178,000 - $1,670,000

4 Beds
3 Baths
2,750 Sq Ft
$532/Sq Ft Est. Value

Last Sold December 12, 2017

Last sale price $1,055,000 $384 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $9,252/month

12 Days on Market

Highlights

  • City Lights View
  • Contemporary Architecture
  • 2 Car Attached Garage
  • Westmoor High School Rated A-
  • Skylights
  • Tile Countertops

About This Home

As of December 2017

Great opportunity for an owner or investor for this fabulous duplex in the desirable location. First time on the market after 40 year pride of ownership! Upper unit has 3 Bedrooms with master bedroom, 2 baths, large eat-in kitchen with separate dining area, formal living room with high ceiling and lots of natural light. Lower unit features 1 sizable bedroom, 1 bath, large living room, kitchen and lots of closets. 2 car side by side garage with 2 additional parking on the driveway. Great neighborhood close to BART, buses, freeways, schools,banks and shopping and restaurants.

Last Agent to Sell the Property

Ken Kwok

MaxReal License #01742794 Listed on: 10/26/2017

Last Buyer's Agent

Ken Kwok

MaxReal License #01742794 Listed on: 10/26/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,134

Year Built

  • 1976

Lot Details

  • 2,500 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking
  • On-Street Parking

Home Design

  • Duplex
  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,750 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Storage Room
  • Washer and Dryer Hookup
  • City Lights Views
  • Security Gate

Kitchen

  • Built-In Oven
  • Gas Oven
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

Overview

  • 2,750 Sq Ft Building

Building Details

  • Insurance Expense $1,500
  • Maintenance Expense $500
  • Other Expense $2,000
  • Utility Expense $2,400
  • Trash Expense $1,200
  • Operating Expense $19,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,134

Year Built

1976

Lot Details

0

Parking

2

Listing Details

  • Zoning: R30000
  • Subclass: Duplex
  • Style: Contemporary
  • Age: 41
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2750
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1976

Interior Features

  • Kitchen: Countertop - Tile, Dishwasher, Garbage Disposal, Oven - Gas, Oven Range - Built-In
  • Living Sq Ft: 2750
  • Stories: 2
  • Security: Secured Garage / Parking
  • Laundry: Hookups Only
  • Flooring: Carpet, Tile
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • View: City Lights

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Security Gate, Skylight

Schools

  • School District: Jefferson Union High

Lot Info

  • Lot Acres: 0.0574
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2500.00

Rental Info

  • Existing Lease Term(s): Building Vacant

Multi Family

  • Utilities: Individual Electric Meters
  • Expense Insurance: 1500
  • Expense Maintenance: 500
  • Expenses Other: 2000
  • Expenses Total: 19600
  • Expenses Utility: 2400
  • Expense Trash: 1200
  • Meters: Master Gas, Master Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2019
Sold by
Young Robert J and Zhong Xiao Lan
Bought by
Young Robert J and Zhong Xiao Lan
Current Estimated Value
$1,462,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 26, 2017
Closed on
Nov 30, 2017
Sold by
Fong Eddie S and Fong Debbie W
Bought by
Young Robert and Zhong Xiao Lan
Seller's Agent
Ken Kwok
MaxReal
Buyer's Agent
Ken Kwok
MaxReal
List Price
$899,000
Sold Price
$1,055,000
Premium/Discount to List
$156,000
17.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.30%
Original Mortgage
$738,439
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2007
Sold by
Fong Eddie S and Fong Debbie W
Bought by
Fong Eddie S and Fong Debbie W

Purchase Details

Closed on
Jan 11, 1995
Sold by
Fong Eddie S and Fong Debbie W
Bought by
Fong Eddie S and Fong Debbie W
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
Young Robert J -- First American Title Company
Young Robert $1,055,000 Fidelity National Title Co
Fong Eddie S -- None Available
Fong Eddie S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Robert J $709,000
Closed Young Robert J $720,000
Closed Young Robert $738,439
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2017 12/12/17 Sold $1,055,000 +17.4% $384 / Sq Ft
11/08/2017 11/08/17 Pending -- -- --
10/26/2017 10/26/17 For Sale $899,000 -- $327 / 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 $16,134 $1,200,404 $546,155 $654,249
2023 $16,134 $1,153,794 $524,949 $628,845
2022 $15,770 $1,131,171 $514,656 $616,515
2021 $15,753 $1,108,992 $504,565 $604,427
2020 $14,496 $1,097,622 $499,392 $598,230
2019 $14,772 $1,076,100 $489,600 $586,500
2018 $12,381 $1,055,000 $480,000 $575,000
2017 $2,153 $168,186 $29,846 $138,340
2016 $2,030 $164,889 $29,261 $135,628
2015 $1,949 $162,413 $28,822 $133,591
2014 $1,893 $159,233 $28,258 $130,975
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Ken Kwok

    MaxReal

See All Agents

Map

Source: MLSListings

MLS Number: ML81682920

MLSListings

APN: 006-234-250

California San Mateo County Daly City 94014 Hillside

37 2nd Ave, Daly City, CA

This home is located at 37 2nd Ave, Daly City, CA 94014 since 26 October 2017 and is currently estimated at $1,462,493, approximately $531 per square foot. This property was built in 1976. 37 2nd Ave is a home located in San Mateo County with nearby schools including John F. Kennedy Elementary School, Thomas R. Pollicita Middle School, and Jefferson High School.

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