NOT LISTED FOR SALE

370 Alvarado St Brisbane, CA 94005

Central Brisbane Neighborhood

Estimated Value: $1,104,180 - $1,321,000

4 Beds
2 Baths
1,606 Sq Ft
$774/Sq Ft Est. Value

Last Sold September 29, 2016

Last sale price $850,000 $529 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $6,919/month

8 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Tile Flooring
  • Brisbane Elementary School Rated A
  • Laundry Room

About This Home

As of September 2016

DUPLEX WITH 2 BR/1BA UNITS, EACH UNIT HAS 2 CAR CARPORT PARKING, PLUS TWO ADJACENT LOTS(EACH WITH 2400SF) APN #007-334-250 & 007-334-270.(TOTAL SIZE OF 3 LOTS COMBINED 7222+/-SF) GREAT POTENTIAL FOR INVESTMENT INCOME AND RESIDENTIAL DEVELOPMENT(SUBJECT TO CITY APPROVAL). SELLERS RESERVE RIGHT TO REJECT ANY OR ALL OFFERS.

Last Agent to Sell the Property

Stanley Lo

Green Banker Realty License #00874415 Listed on: 07/20/2016

Last Buyer's Agent

Marty Carbajal

GCM Realty & Loans License #01415783

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,220

Year Built

  • 1950

Lot Details

  • 2,396 Sq Ft Lot
  • Lot Sloped Down

Parking

  • 4 Carport Spaces

Home Design

  • 1,606 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Metal Roof
  • Concrete Perimeter Foundation

Kitchen

  • Electric Oven
  • Trash Compactor

Flooring

  • Carpet
  • Tile
  • Vinyl

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Additional Features

  • Laundry Room
  • Deck

Listing and Financial Details

  • Total Actual Rent $45,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gross Income $45,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,220

Year Built

1950

Lot Details

0

Listing Details

  • Zoning: R10006
  • Subclass: Duplex
  • Style: Traditional
  • Age: 66
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1606
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Kitchen: Oven - Electric, Refrigerator, Trash Compactor
  • Living Sq Ft: 1606
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Metal
  • Yard/Grounds: Deck

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 4

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: South San Francisco Unified

Lot Info

  • Lot Description: Grade - Sloped Down
  • Lot Acres: 0.0550
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2400.16
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2400.16

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.76
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Income Annual Gross: 45000.00
  • Income Annual Rental: 45000
  • Income Gross Scheduled: 45000
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Tenant Expenses: All Expenses

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2016
Closed on
Sep 13, 2016
Sold by
Lin Curtis C and Lin Pearl C
Bought by
Picazo Alfonso and Picazo Martha
Seller's Agent
Stanley Lo
Green Banker Realty
Buyer's Agent
Marty Carbajal
GCM Realty & Loans
List Price
$799,000
Sold Price
$850,000
Premium/Discount to List
$51,000
6.38%
Current Estimated Value
$1,243,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,545
Avg. Annual Appreciation
3.71%
Original Mortgage
$680,000
Outstanding Balance
$546,094
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$633,064

Purchase Details

Closed on
Feb 14, 1996
Sold by
Mascarenas Steven G and Mascarenas Michele
Bought by
Armenta Daniel and Armenta Doris
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
Picazo Alfonso $850,000 Old Republic Title Company
Armenta Daniel -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Picazo Alfonso $680,000
Previous Owner Lin Curtis C $322,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2016 09/29/16 Sold $850,000 +6.4% $529 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $799,000 -- $498 / 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 $4,220 $348,171 $319,160 $29,011
2023 $4,220 $334,653 $306,767 $27,886
2022 $4,036 $328,092 $300,752 $27,340
2021 $3,991 $321,659 $294,855 $26,804
2020 $4,064 $318,362 $291,832 $26,530
2019 $3,908 $312,120 $286,110 $26,010
2018 $3,717 $306,000 $280,500 $25,500
2017 $3,684 $300,000 $275,000 $25,000
2016 $3,106 $242,780 $121,390 $121,390
2015 $2,993 $239,134 $119,567 $119,567
2014 $2,920 $234,450 $117,225 $117,225
Source: Public Records

Agents Affiliated with this Home

  • Stanley Lo

    Seller's Agent in 2016

    Stanley Lo

    Green Banker Realty

    (650) 222-1045

    1 in this area

    390 Total Sales

    Stanley Lo
    Section Image
  • Marty Carbajal

    Buyer's Agent in 2016

    Marty Carbajal

    GCM Realty & Loans

    (510) 387-7954

    34 Total Sales

    Marty Carbajal
    Section Image
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Map

Source: MLSListings

MLS Number: ML81596296

MLSListings

APN: 007-334-260

California San Mateo County Brisbane 94005 Central Brisbane

370 Alvarado St, Brisbane, CA

This home is located at 370 Alvarado St, Brisbane, CA 94005 since 20 July 2016 and is currently estimated at $1,243,545, approximately $774 per square foot. This property was built in 1950. 370 Alvarado St is a home located in San Mateo County with nearby schools including Brisbane Elementary School, Panorama Elementary School, and Lipman Middle School.

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