NOT LISTED FOR SALE

Estimated Value: $1,730,000 - $2,340,963

4 Beds
2 Baths
1,978 Sq Ft
$981/Sq Ft Est. Value

Last Sold November 22, 2017

Last sale price $1,308,880 $662 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $12,218/month

Highlights

  • 1-Story Property
  • Washington Elementary School Rated A
  • 4-minute walk to Trenton Park

About This Home

As of November 2017

For comparable purposes

Last Agent to Sell the Property

Bijan Amini

Quest Real Estate License #01717506 Listed on: 11/22/2017

Co-Listed By

Pedram Amini

Quest Real Estate License #01960072

Last Buyer's Agent

Chris Liu

Main Street Real Estate, Inc. License #01705676

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,848

Year Built

  • 1943

Lot Details

  • 5,502 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,978 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

Community Details

Overview

Building Details

  • 1 Leased Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,848

Year Built

1943

Lot Details

0

Parking

2

Listing Details

  • Zoning: RM0000
  • Subclass: Duplex
  • Age: 74
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1943

Interior Features

  • Living Sq Ft: 1978
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Acres: 0.1263
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5500.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2017
Closed on
Nov 8, 2017
Sold by
Costello Susan K
Bought by
Liu Christopher Cheng Ping and Christopher Cheng Ping Liu Liv
Seller's Agent
Bijan Amini
Quest Real Estate
Buyer's Agent
Chris Liu
Main Street Real Estate, Inc.
List Price
$1,250,000
Sold Price
$1,308,880
Premium/Discount to List
$58,880
4.71%
Current Estimated Value
$1,941,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$632,361
Avg. Annual Appreciation
5.45%
Original Mortgage
$655,000
Outstanding Balance
$561,784
Interest Rate
3.95%
Mortgage Type
Commercial
Estimated Equity
$1,395,709

Purchase Details

Closed on
Oct 2, 2008
Sold by
Deutsche Bank Trust Company Americas
Bought by
Costello Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,920
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2008
Sold by
Ortiz Virgilio S and Ortiz Jamie S
Bought by
Deutsche Bank Trust Co Americas

Purchase Details

Closed on
Jun 15, 2007
Sold by
Dandrea Paul E and Cologna Jacqueline M
Bought by
Ortiz Virgilio S and Ortiz Jaime S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 21, 1996
Sold by
Rose Dandrea
Bought by
Dandrea Rose
Source: Public Records

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Range of Values:

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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
Liu Christopher Cheng Ping $1,309,000 Lawyers Title Company
Costello Susan K $650,000 First American Title Company
Deutsche Bank Trust Co Americas $759,106 First American Title Co
Ortiz Virgilio S $890,000 Commonwealth Land Title Ins
Dandrea Rose -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Christopher Cheng Ping $655,000
Previous Owner Costello Susan K $505,455
Previous Owner Costello Susan K $519,920
Previous Owner Ortiz Virgilio S $178,000
Previous Owner Ortiz Virgilio S $712,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2017 11/22/17 Sold $1,308,880 +4.7% $662 / Sq Ft
11/22/2017 11/22/17 Pending -- -- --
11/22/2017 11/22/17 For Sale $1,250,000 -- $632 / 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
2023 $16,848 $1,431,579 $1,148,327 $283,252
2022 $16,251 $1,403,510 $1,125,811 $277,699
2021 $16,272 $1,375,991 $1,103,737 $272,254
2020 $15,934 $1,361,883 $1,092,420 $269,463
2019 $15,583 $1,335,180 $1,071,000 $264,180
2018 $15,289 $1,309,000 $1,050,000 $259,000
2017 $8,751 $721,221 $665,746 $55,475
2016 $8,432 $707,081 $652,693 $54,388
2015 $8,393 $696,461 $642,889 $53,572
2014 $8,273 $682,819 $630,296 $52,523
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81685416

MLSListings

APN: 029-191-160