NOT LISTED FOR SALE

44 E 41st Place San Mateo, CA 94403

Hillsdale Neighborhood

Estimated Value: $1,570,000 - $1,894,752

2 Beds
4 Baths
2,148 Sq Ft
$816/Sq Ft Est. Value

Sale Details

Date Sold: February 24, 2015

Last sale price $1,100,000 $512 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $11,169 / mo

9 Days on Market

Highlights

  • Contemporary Architecture
  • Tile Flooring
  • Level Lot
  • George Hall Elementary School Rated A
  • Coin Laundry

About This Home

As of February 2015

Great niche market opportunity for scarce smaller apartments in high demand with excellent upside potential. Every unit has a private patio or deck and there is a large shared yard in the back offering lots of flexible use options ..... game area - organic gardening - shared barbecue area, etc. Property can benefit from upgrades throughout, Easy to upgrade one unit at a time to maintain cash flow while upgrading. Ideal for owner occupant looking for additional income and tax shelter.

Last Agent to Sell the Property

Claire Haggarty

N B T Realty Service License #01069886 Listed on: 01/26/2015

Last Buyer's Agent

Jack Hirsch CCIM

Realty World-Hirsch & Assoc. License #01243560

Realty World-Hirsch & Assoc.

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1959

Lot Details

  • Level Lot

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction

Interior Spaces

  • 2,148 Sq Ft Home
  • 2-Story Property
  • Gas Oven

Flooring

  • Carpet
  • Tile

Parking

  • 4 Carport Spaces
  • On-Street Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter
  • Community Sewer or Septic

Listing and Financial Details

  • Total Actual Rent $52,800

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 3 Leased Units
  • Gardener Expense $650
  • Insurance Expense $2,000
  • Maintenance Expense $500
  • Other Expense $100
  • Utility Expense $600
  • Trash Expense $600
  • Operating Expense $12,304
  • Gross Income $52,800

Property Details

Home Type

Multi-Family

Year Built

1959

Lot Details

7,362 Sq Ft Lot

Listing Details

  • Zoning: R4
  • Subclass: Fourplex
  • Style: Contemporary
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2148
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Kitchen: Oven Range - Gas
  • Living Sq Ft: 2148
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Covered Parking, On Street
  • Carport Min: 4

Utilities

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

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7384.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7384.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.67
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 2000
  • Expense Landscape: 650
  • Expense Maintenance: 500
  • Expenses Other: 100
  • Expenses Total: 12304
  • Expenses Utility: 600
  • Expense Trash: 600
  • Income Annual Gross: 52800.00
  • Income Annual Rental: 52800
  • Income Gross Scheduled: 52800
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Cable Tv, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2024
Sold by
Dlaa Properties Llc
Bought by
Current Estimated Value
$1,730,952

Purchase Details

Closed on
Aug 22, 2017
Sold by
Rubinchik Dale W and Rubinchik Laura M
Bought by
Dlaa Properties Llc

Purchase Details

Listed on
Jan 26, 2015
Closed on
Feb 20, 2015
Sold by
Demattei Douglas
Bought by
Rubinchik Dale W and Rubinchik Laura M
Seller's Agent
Claire Haggarty
N B T Realty Service
Buyer's Agent
Jack Hirsch CCIM
Realty World-Hirsch & Assoc.
List Price
$880,000
Sold Price
$1,100,000
Premium/Discount to List
$220,000
25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%
Original Mortgage
$801,950
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2001
Sold by
Demattei Edmond A
Bought by
Demattei Edmond A and Demattei Family Trust

Purchase Details

Closed on
Mar 7, 1996
Sold by
Demattei Edmond A and Demattei Janet T
Bought by
Demattei Edmond A and Demattei Janet T
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Hillsdale, CA

  • Jalayne Forrester Real Estate Agent - KW Bay Area Estates

    Jalayne Forrester

    KW Bay Area Estates

    (669) 356-8887

    56 Total Sales

    1 in Hillsdale

    $1,500,000 Price

    Jalayne Forrester
     Section Image
  • Hebe Li Real Estate Agent - The Agency

    Hebe Li

    The Agency

    (650) 459-5752

    96 Total Sales

    1 in Hillsdale

    $2,300,000 Price

    Hebe Li
     Section Image
  • Angel Huang Real Estate Agent - Angel Realty & Developments Inc

    Angel Huang

    Angel Realty & Developments Inc

    (916) 415-3885

    114 Total Sales

    1 in Hillsdale

    $447,000 Price

    Angel Huang
     Section Image
  • Todd Montgomery Real Estate Agent - Compass

    Todd Montgomery

    Compass

    (650) 502-5427

    205 Total Sales

    1 in Hillsdale

    $1,438,000 Price

    Todd Montgomery
     Section Image
  • Steven Wen Real Estate Agent - Keller Williams Thrive

    Steven Wen

    Keller Williams Thrive

    (669) 279-4702

    88 Total Sales

    1 in Hillsdale

    $2,990,000 Price

    Steven Wen
     Section Image
  • Yolanda Zhang Real Estate Agent - Keller Williams Thrive

    Yolanda Zhang

    Keller Williams Thrive

    (669) 260-5603

    40 Total Sales

    1 in Hillsdale

    $1,900,000 Price

    Yolanda Zhang
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Dlaa Properties Llc -- None Available
Rubinchik Dale W $1,100,000 North American Title Co Inc
Demattei Edmond A -- --
Demattei Edmond A -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $400,000
Previous Owner Rubinchik Dale W $801,950
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/24/2015 02/24/15 Sold $1,100,000 +25.0% $512 / Sq Ft
02/04/2015 02/04/15 Pending -- -- --
01/26/2015 01/26/15 For Sale $880,000 -- $410 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $18,867 $1,348,464 $674,232 $674,232
2025 $19,032 $1,322,024 $661,012 $661,012
2023 $19,032 $1,270,690 $635,345 $635,345
2022 $19,336 $1,245,776 $622,888 $622,888
2021 $18,524 $1,221,350 $610,675 $610,675
2020 $21,909 $1,208,828 $604,414 $604,414
2019 $18,001 $1,185,126 $592,563 $592,563
2018 $16,010 $1,161,890 $580,945 $580,945
2017 $13,997 $1,139,108 $569,554 $569,554
2016 $14,030 $1,116,774 $558,387 $558,387
2015 $13,508 $1,100,000 $550,000 $550,000
2014 $7,854 $597,008 $179,096 $417,912
Source: Public Records

Agents Affiliated with this Home

  • Claire Haggarty Real Estate Agent - N B T Realty Service

    Seller's Agent in 2015

    Claire Haggarty

    N B T Realty Service

    (650) 678-0571

    15 Total Sales

    Claire Haggarty
    Section Image
  • Jack Hirsch CCIM Real Estate Agent - Realty World-Hirsch & Assoc.

    Buyer's Agent in 2015

    Jack Hirsch CCIM

    Realty World-Hirsch & Assoc.

    (650) 365-1888

    26 Total Sales

    Jack Hirsch CCIM
    Section Image
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Map

Source: MLSListings

MLS Number: ML81448154

MLSListings

APN: 040-073-020

California San Mateo County San Mateo 94403 Hillsdale

44 E 41st Place, San Mateo, CA

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