NOT LISTED FOR SALE

Estimated Value: $1,648,000 - $1,933,220

4 Beds
2 Baths
2,708 Sq Ft
$643/Sq Ft Est. Value

Last Sold October 31, 2012

Last sale price $762,000 $281 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $10,275/month

15 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • 1-Story Property
  • Green Hills Elementary School Rated A-
  • Level Lot

About This Home

As of October 2012

Wonderful westside duplex in the Millbrae School District. Large spacious units, each two bedrooms, one bath with firepalces adn a one car garage.

Last Agent to Sell the Property

Larry Franzella

Prudential California Realty License #00512797 Listed on: 10/08/2012

Prudential California Realty

Last Buyer's Agent

Karen Wong-Curtis

KW Peninsula Estates License #01794796

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,001

Year Built

  • 1957

Lot Details

  • Level Lot

Parking

  • Private Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,708 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Oven or Range
  • Laundry in Garage

Flooring

  • Wood
  • Wall to Wall Carpet

Utilities

  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $39,900
  • The owner pays for services - gardener/landscaping

Community Details

Overview

  • 2,708 Sq Ft Building

Building Details

  • Gardener Expense $1,800
  • Insurance Expense $1,750
  • Operating Expense $7,648
  • Gross Income $39,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,001

Year Built

1957

Lot Details

0

Listing Details

  • Zoning: R200
  • Subclass: Duplex
  • Age: 55
  • Inspections Reports: Pest Control
  • Sale Price Per Sq Ft: 281.39
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 2708
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1957

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 2708
  • Stories: 1
  • Laundry: Laundry Area - In All Units, In Garage
  • Flooring: Carpet - Wall To Wall, Hardwood, Carpet

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Spaces Per Unit - 1

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Location: Corner
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6000.00
  • Lot Size Area Min Search: 6000.00
  • Maximum Lot Size: 6000.00

Rental Info

  • Existing Lease Term(s): Month To Month, Less Than 1 Yr
  • Gross Rent Multiplier: 16.02

Multi Family

  • Expense Insurance: 1750
  • Expense Landscape: 1800
  • Expenses Total: 7648
  • Income Annual Gross: 39900.00
  • Income Annual Rental: 39900
  • Income Gross Scheduled: 39900
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener, Insurance, Fee - Property Tax
  • Owner Pays: Services - Gardener/Landscaping
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2012
Closed on
Oct 29, 2012
Sold by
Lee Elsa
Bought by
Lui Terry C K
Seller's Agent
Larry Franzella
Prudential California Realty
Buyer's Agent
Karen Wong-Curtis
KW Peninsula Estates
List Price
$639,000
Sold Price
$762,000
Premium/Discount to List
$123,000
19.25%
Current Estimated Value
$1,740,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$978,805
Avg. Annual Appreciation
6.48%

Purchase Details

Listed on
Oct 8, 2012
Closed on
Oct 25, 2012
Sold by
Serrata Gina
Bought by
Lui Gary W K and Lui Nelson Y H
Seller's Agent
Larry Franzella
Prudential California Realty
Buyer's Agent
Karen Wong-Curtis
KW Peninsula Estates
List Price
$639,000
Sold Price
$762,000
Premium/Discount to List
$123,000
19.25%

Purchase Details

Closed on
Feb 24, 2004
Sold by
Maher William J
Bought by
Maher William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2004
Sold by
Maher William J
Bought by
Maher William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2002
Sold by
Maher William J
Bought by
Maher William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
6.87%

Purchase Details

Closed on
Apr 12, 2002
Sold by
Maher William J
Bought by
Maher William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
6.87%

Purchase Details

Closed on
Aug 12, 1998
Sold by
Maher William J
Bought by
Maher William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
6.91%

Purchase Details

Closed on
May 28, 1997
Sold by
Leonard Shiller and Nowack Beverly
Bought by
Maher William J and William J Maher 1990 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
8.13%
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
Lui Terry C K -- Fidelity National Title Co
Lui Nelson Y H -- Fidelity National Title Co
Lui Gary W K $762,000 Fidelity National Title Co
Maher William J -- Fidelity National Title Co
Maher William J -- Fidelity National Title
Maher William J -- Fidelity National Title Co
Maher William J -- Fidelity National Title Co
Maher William J -- Fidelity National Title Co
Maher William J -- Fidelity National Title Co
Maher William J $319,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maher William J $380,000
Previous Owner Maher William J $335,000
Previous Owner Maher William J $243,000
Previous Owner Maher William J $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2012 10/31/12 Sold $762,000 +19.2% $281 / Sq Ft
10/23/2012 10/23/12 Pending -- -- --
10/08/2012 10/08/12 For Sale $639,000 -- $236 / 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 $12,001 $938,336 $469,168 $469,168
2023 $12,001 $901,900 $450,950 $450,950
2022 $9,913 $884,216 $442,108 $442,108
2021 $9,794 $866,880 $433,440 $433,440
2020 $9,631 $857,992 $428,996 $428,996
2019 $9,397 $841,170 $420,585 $420,585
2018 $9,208 $824,678 $412,339 $412,339
2017 $8,971 $808,508 $404,254 $404,254
2016 $8,849 $792,656 $396,328 $396,328
2015 $8,783 $780,750 $390,375 $390,375
2014 $8,576 $765,458 $382,729 $382,729
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81236985

MLSListings

APN: 021-112-170