NOT LISTED FOR SALE

443 State St San Mateo, CA 94401

North Central Neighborhood

Estimated Value: $1,454,000 - $2,275,685

7 Beds
3 Baths
2,550 Sq Ft
$748/Sq Ft Est. Value

Last Sold June 18, 2013

Last sale price $880,000 $345 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $11,636/month

29 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Level Lot
  • Borel Middle School Rated A-
  • Forced Air Heating System

About This Home

As of June 2013

Large duplex on quiet street two blocks from Woodlake Shopping Center (Safeway, CVS, Starbucks), Celia's Mexican Restaurant, and local shops. The unit downstairs has 4 bedrooms/2 bathrooms; the unit upstairs has 3 bedrooms/2 bathrooms. The unit upstairs has beautiful hardwood floors, granite counter in kitchen, and remodeled master bathroom. Each unit separately metered for PG&E and water.

Last Agent to Sell the Property

Michael Vick

Coldwell Banker Realty License #00922261 Listed on: 04/18/2013

Coldwell Banker Realty

Last Buyer's Agent

MaryAnn Teixeira

Coldwell Banker Realty License #01518767

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1944

Lot Details

  • 5,009

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,550 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Oven or Range

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Parking

  • Covered Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Community Details

  • 2,550 Sq Ft Building
  • Gross Income $50,400

Listing and Financial Details

  • Total Actual Rent $50,400
  • The owner pays for garbage, water

Property Details

Home Type

Multi-Family

Year Built

1944

Lot Details

5,009 Sq Ft Lot

Listing Details

  • Zoning: R200
  • Subclass: Duplex
  • Inspections Reports: Fault Zone, Geological/Flood, Flood Zone
  • Sale Price Per Sq Ft: 345.10
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 2550
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1944

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 2550
  • Stories: 2
  • Laundry: Laundry Area - In All Units
  • Flooring: Tile, Carpet - Wall To Wall, Hardwood, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle, Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Common Parking Area, Off-Street Parking

Utilities

  • Heating System: Wall Furnace, Central Forced Air, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5000.00
  • Lot Size Area Min Search: 5000.00
  • Maximum Lot Size: 5000.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.44

Multi Family

  • Income Annual Gross: 50400.00
  • Income Annual Rental: 50400
  • Income Gross Scheduled: 50400
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water, Miscellaneous/Other
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Services - Gardener/Landscaping, Utilities - Gas, Utilities - Water, Utilities - Hot Water, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2013
Sold by
Reed Scott V and Reed Ann T Wang
Bought by
Reed Scott Vincent and Reed Ann Ting Wang
Current Estimated Value
$1,906,671

Purchase Details

Listed on
Apr 18, 2013
Closed on
Jun 14, 2013
Sold by
San Martin Michael D
Bought by
Reed Scott and Reed Ann T Wang
Seller's Agent
Michael Vick
Coldwell Banker Realty
Buyer's Agent
MaryAnn Teixeira
Coldwell Banker Realty
List Price
$879,000
Sold Price
$880,000
Premium/Discount to List
$1,000
0.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$704,000
Outstanding Balance
$496,975
Interest Rate
3.32%
Mortgage Type
New Conventional
Estimated Equity
$1,409,696

Purchase Details

Closed on
Oct 7, 2011
Sold by
San Martin Marilyn
Bought by
San Martin Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,750
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2009
Sold by
Holm Rosa
Bought by
San Martin Michael D and San Martin Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2002
Sold by
Holm Robert Campbell
Bought by
Holm Rosa Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,000
Interest Rate
7.55%

Purchase Details

Closed on
Oct 1, 2002
Sold by
Delcid Tito and Delcid Lilian
Bought by
Holm Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,000
Interest Rate
7.55%

Purchase Details

Closed on
Oct 15, 2000
Sold by
Kartsioukas George and Kartsioukas Kay
Bought by
Delcid Tito and Delcid Lilian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
7.67%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 10, 1999
Sold by
Gilbert Chin and Gaddi Lucy
Bought by
Kartsioukas George and Kartsioukas Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
4.35%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reed Scott Vincent -- None Available
Reed Scott $880,000 Chicago Title Company
San Martin Michael D -- Accommodation
San Martin Michael D $700,000 Old Republic Title Company
Holm Rosa Amanda -- Commonwealth Land Title Ins
Holm Rosa $780,000 Commonwealth Land Title Ins
Delcid Tito $665,000 Chicago Title Co
Kartsioukas George $470,000 Fidelity National Title Co
Chin Gilbert -- Fidelity National Title Co
Gaddi Lucy -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Scott $704,000
Previous Owner San Martin Michael D $528,750
Previous Owner San Martin Michael D $533,850
Previous Owner Holm Rosa $641,000
Previous Owner Delcid Tito $544,000
Previous Owner Kartsioukas George $352,500
Closed Delcid Tito $102,000
Closed Holm Rosa $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2013 06/18/13 Sold $880,000 +0.1% $345 / Sq Ft
05/17/2013 05/17/13 Pending -- -- --
04/18/2013 04/18/13 For Sale $879,000 -- $345 / Sq Ft
Source: MLSListings

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 $17,370 $1,083,648 $541,824 $541,824
2023 $17,370 $1,041,570 $520,785 $520,785
2022 $15,733 $1,021,148 $510,574 $510,574
2021 $14,961 $1,001,126 $500,563 $500,563
2020 $13,981 $990,862 $495,431 $495,431
2019 $13,298 $971,434 $485,717 $485,717
2018 $12,626 $952,388 $476,194 $476,194
2017 $12,416 $933,714 $466,857 $466,857
2016 $11,989 $915,406 $457,703 $457,703
2015 $11,495 $901,656 $450,828 $450,828
2014 $10,970 $883,994 $441,997 $441,997
Source: Public Records

Agents Affiliated with this Home

  • Michael Vick

    Seller's Agent in 2013

    Michael Vick

    Coldwell Banker Realty

    (408) 309-7357

    9 Total Sales

    Michael Vick
    Section Image

  • M

    Buyer's Agent in 2013

    MaryAnn Teixeira

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81312699

MLSListings

APN: 032-131-240

California San Mateo County San Mateo 94401 North Central

443 State St, San Mateo, CA

Not Listed for Sale

MultiFamily

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