NOT LISTED FOR SALE

Estimated Value: $1,667,000 - $2,412,447

4 Beds
2 Baths
2,365 Sq Ft
$808/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $1,655,000 $700 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $12,482/month

13 Days on Market

Highlights

  • Wood Flooring
  • Corian Countertops
  • Skylights
  • Hillsdale High School Rated A+
  • 2 Car Detached Garage
  • Washer and Dryer

About This Home

As of June 2021

Opportunities abound with this rare San Mateo duplex offering. Each unit is light and bright and offers a 2 bedroom and 1 bathroom floor plan with an eat-in kitchen and fabulous hardwood floors. The front unit (3834) features an attached 1 car garage with laundry, a wood stove and stylish front door. The back unit (3836) offers a side pathway to a private entrance, wood burning fireplace, gated backyard and 1 car detached private garage with laundry. Located in a prime San Mateo location with easy access to commute routes and walkable to all amenities including Caltrain, the newly renovated Hillsdale Mall, Trader Joes, shops and restaurants on 37th Avenue and Bel-Mateo Village.

Last Agent to Sell the Property

Lana Morin

Intero Real Estate Services License #01439524 Listed on: 04/17/2021

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,114

Year Built

  • 1954

Lot Details

  • 5,022 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,365 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Corian Countertops
  • Tile Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Utilities

  • Wall Furnace
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $66,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $1,200
  • Maintenance Expense $1,390
  • Manager Expense $3,795
  • Other Expense $2,700
  • Operating Expense $26,097
  • Gross Income $62,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,114

Year Built

1954

Lot Details

0

Parking

2

Listing Details

  • Zoning: RM0000
  • Subclass: Duplex
  • Age: 67
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2365
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1954

Interior Features

  • Kitchen: Countertop - Solid Surface / Corian, Countertop - Tile, Oven Range - Electric
  • Living Sq Ft: 2365
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile, Vinyl / Linoleum

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Detached Garage, Gate / Door Opener

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • School District: San Mateo Union High
  • Elementary School: Laurel Elementary
  • Middle School: Borel Middle
  • High School: Hillsdale High
  • High School: 641
  • Elementary School: 652
  • Middle School: 610

Lot Info

  • Lot Acres: 0.1153
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5022.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5022.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Less Than 1 Yr, Month To Month, Security Deposit
  • Gross Rent Multiplier: 25.73
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Expense Insurance: 1200
  • Expense Landscape: 1200
  • Expense Maintenance: 1390
  • Expense Management: 3795
  • Expenses Other: 2700
  • Expenses Total: 26097
  • Income Annual Gross: 62700.00
  • Income Annual Rental: 66000
  • Income Gross Scheduled: 66000
  • Income Includes: Rents
  • Meters: Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Services - Gardener
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2021
Closed on
May 20, 2021
Sold by
Bond Christopher John and Nicholes Katrina Marie
Bought by
Ly Hung Quoc and Zhu Xiu Xia
Seller's Agent
Lana Morin
Intero Real Estate Services
List Price
$1,698,000
Sold Price
$1,655,000
Premium/Discount to List
-$43,000
-2.53%
Current Estimated Value
$1,911,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,362
Avg. Annual Appreciation
3.46%

Purchase Details

Listed on
Oct 15, 2013
Closed on
Nov 12, 2013
Sold by
Scott Lorrie and Larsen Andrew
Bought by
Bond Christopher John and Nicholes Katrina Marie
Seller's Agent
Ric Russell
Cassidy Turley Northern California, Inc.
Buyer's Agent
Richard Michaels
Coldwell Banker Realty
List Price
$969,000
Sold Price
$1,069,000
Premium/Discount to List
$100,000
10.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%
Original Mortgage
$639,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 15, 2013
Closed on
Nov 7, 2013
Sold by
Clark Eunice I
Bought by
Scott Lorrie and Larsen Andrew
Seller's Agent
Ric Russell
Cassidy Turley Northern California, Inc.
Buyer's Agent
Richard Michaels
Coldwell Banker Realty
List Price
$969,000
Sold Price
$1,069,000
Premium/Discount to List
$100,000
10.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2008
Sold by
Clark Eunice I
Bought by
Scott Lori and Larsen Andrew

Purchase Details

Closed on
May 12, 1998
Sold by
Eunice Larsen and Eunice I
Bought by
Clark Eunice I
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
Ly Hung Quoc $1,655,000 Lawyers Title Company
Bond Christopher John $1,069,000 Fidelity National Title Co
Scott Lorrie -- Fidelity National Title
Scott Lori -- None Available
Clark Eunice I -- None Available
Clark Eunice I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bond Christopher John $639,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Sold $1,655,000 -2.5% $700 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
04/17/2021 04/17/21 For Sale $1,698,000 +58.8% $718 / Sq Ft
11/15/2013 11/15/13 Sold $1,069,000 +10.3% $452 / Sq Ft
10/26/2013 10/26/13 Pending -- -- --
10/15/2013 10/15/13 For Sale $969,000 -- $410 / 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 $23,114 $1,791,424 $1,082,432 $708,992
2023 $23,114 $1,721,862 $1,040,400 $681,462
2022 $22,410 $1,688,100 $1,020,000 $668,100
2021 $16,955 $1,210,644 $605,322 $605,322
2020 $15,812 $1,198,232 $599,116 $599,116
2019 $15,566 $1,174,738 $587,369 $587,369
2018 $14,942 $1,151,704 $575,852 $575,852
2017 $14,209 $1,129,122 $564,561 $564,561
2016 $13,371 $1,106,984 $553,492 $553,492
2015 $13,030 $1,090,358 $545,179 $545,179
2014 $12,743 $1,069,000 $534,500 $534,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81839557

MLSListings

APN: 042-155-080