NOT LISTED FOR SALE

Estimated Value: $995,000 - $1,160,000

2 Beds
2 Baths
1,600 Sq Ft
$669/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $642,500 $402 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $6,631/month

10 Days on Market

About This Home

As of March 2016

A fantastic investment opportunity! Great as a condo alternative with income generating potential. This two bed two bath duplex offers a convenient location with easy access to highways 101 and 280. Perfect for a first time investor!

Last Agent to Sell the Property

Benedict Paras

Compass License #01951186 Listed on: 02/24/2016

Last Buyer's Agent

Vilma Palaad

RE/MAX Gold Daly City License #00953735

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,629

Year Built

  • 1941

Lot Details

  • 2,483

Home Design

  • Duplex
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Parking

  • 4 Parking Spaces
  • No Garage
  • Covered Parking
  • Unassigned Parking

Additional Features

  • 2,483 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $20,400

Community Details

Overview

Building Details

  • 2 Leased Units
  • Operating Expense $1,791
  • Gross Income $20,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,629

Year Built

1941

Lot Details

0

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Age: 75
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1600
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1941

Interior Features

  • Living Sq Ft: 1600
  • Stories: 2
  • Laundry: Hookups Only, Washer/Dryer - Some Units

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar And Gravel

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Common Parking Area, No Garage, Unassigned Spaces

Utilities

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

Schools

  • School District: South San Francisco Unified
  • Elementary School: Martin Elementary
  • Middle School: Parkway Heights Middle
  • High School: South San Francisco High
  • High School: 761
  • Elementary School: 751
  • Middle School: 753

Lot Info

  • Lot Acres: 0.0570
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2500.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 26.91
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expenses Total: 1791
  • Income Annual Gross: 20400.00
  • Income Annual Rental: 20400
  • Income Gross Scheduled: 20400
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Maintenance, Services - Gardener
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2021
Sold by
Abrenilla Ricardo
Bought by
Abrenilla Ricardo and Abrenilla Severina
Current Estimated Value
$1,069,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Outstanding Balance
$455,483
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$614,329

Purchase Details

Listed on
Feb 24, 2016
Closed on
Mar 23, 2016
Sold by
Brentlinger John Raymond and Brewster Susan Jean
Bought by
Abrenilla Ricardo
Seller's Agent
Benedict Paras
Compass
Buyer's Agent
Vilma Palaad
RE/MAX Gold Daly City
List Price
$549,000
Sold Price
$642,500
Premium/Discount to List
$93,500
17.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$546,125
Interest Rate
3.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Abrenilla Ricardo -- Wfg National Title Company
Abrenilla Ricardo $642,500 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abrenilla Ricardo $495,000
Closed Abrenilla Ricardo $546,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2016 03/31/16 Sold $642,500 +17.0% $402 / Sq Ft
03/06/2016 03/06/16 Pending -- -- --
02/24/2016 02/24/16 For Sale $549,000 -- $343 / 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 $9,629 $760,583 $654,044 $106,539
2023 $9,629 $731,050 $628,648 $102,402
2022 $8,956 $716,717 $616,322 $100,395
2021 $8,834 $702,665 $604,238 $98,427
2020 $8,721 $695,461 $598,043 $97,418
2019 $8,634 $681,825 $586,317 $95,508
2018 $8,432 $668,457 $574,821 $93,636
2017 $8,187 $655,350 $563,550 $91,800
2016 $1,826 $68,723 $26,905 $41,818
2015 $1,792 $67,691 $26,501 $41,190
2014 $1,777 $66,366 $25,982 $40,384
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81562177

MLSListings

APN: 012-091-160