NOT LISTED FOR SALE

518 State St San Mateo, CA 94401

North Central Neighborhood

Estimated Value: $1,523,000 - $1,790,849

5 Beds
2 Baths
1,830 Sq Ft
$928/Sq Ft Est. Value

Last Sold October 05, 2012

Last sale price $560,000 $306 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $9,760/month

90 Days on Market

Highlights

  • Guest Parking
  • Level Lot
  • Carpet
  • Borel Middle School Rated A-

About This Home

As of October 2012

Very Charming Duplex will go fast,very good area close to schools, shopping centers, freeway and public transaportation, Excellent opportunity to live in one unit and rent the other.

Last Agent to Sell the Property

Rishi Bakshi

Intero Real Estate Services License #01430229 Listed on: 04/17/2012

Intero Real Estate Services

Last Buyer's Agent

Carlos Rodriguez

eXp Realty of California License #01150973

eXp Realty of California

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,269

Year Built

  • 1944

Lot Details

  • 6,273

Parking

  • Guest Parking

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,830 Sq Ft Home
  • Carpet

Kitchen

  • Microwave
  • Disposal

Utilities

  • Heating System Uses Gas
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Community Details

  • 1,830 Sq Ft Building
  • Operating Expense $11,106

Listing and Financial Details

  • The owner pays for cable TV, electric, garbage, heating

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,269

Year Built

1944

Lot Details

0

Listing Details

  • Zoning: R200
  • Subclass: Duplex
  • Age: 68
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 306.01
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1830
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1944

Interior Features

  • Kitchen: Garbage Disposal, Microwave
  • Living Sq Ft: 1830
  • Laundry: Washer/Dryer - Owned
  • Flooring: Carpet

Exterior Features

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

Garage/Parking

  • Garage Parking Features: Guest / Visitor Parking, Street

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 Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6250.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6250.00
  • Lot Size Area Min Search: 6250.00
  • Maximum Lot Size: 6250.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month

Multi Family

  • Expenses Total: 11106
  • Meters: Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Cable Tv, Utilities - Electric, Services - Trash Removal, Utilities - Heat, Miscellaneous/Other
  • Owner Pays: Cable Tv, Electric, Garbage, Heating
  • Tenant Expenses: Utilities - Water, Utilities - Heating, Cable Tv, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2012
Closed on
Oct 1, 2012
Sold by
Arellano Alberto
Bought by
Wong Anita and Lee Samuel
Seller's Agent
Rishi Bakshi
Intero Real Estate Services
Buyer's Agent
Carlos Rodriguez
eXp Realty of California
List Price
$549,950
Sold Price
$560,000
Premium/Discount to List
$10,050
1.83%
Current Estimated Value
$1,582,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,022,023
Avg. Annual Appreciation
8.27%

Purchase Details

Closed on
Jun 21, 2006
Sold by
Arellano Norma
Bought by
Arellano Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
7.62%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 2, 2004
Sold by
Arellano Norma and Dearellano Norma Gallegos
Bought by
Arellano Alberto

Purchase Details

Closed on
Jan 26, 2004
Sold by
Seabourne Jack William
Bought by
Arellano Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,200
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2000
Sold by
Seabourne Jack W and Kran Song
Bought by
Seabourne Jack William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
8.68%

Purchase Details

Closed on
Feb 3, 1994
Sold by
Seabourne Jack William and Seabourne Naomi Ellen
Bought by
Seabourne Jack William and Seabourne Song Kran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,750
Interest Rate
6.98%
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
Wong Anita $560,000 Fidelity National Title Co
Arellano Alberto -- Fidelity National Title Co
Arellano Alberto -- Fidelity National Title Co
Arellano Alberto -- Fidelity National Title Co
Arellano Alberto $799,000 Fidelity National Title Co
Seabourne Jack William -- First American Title Co
Seabourne Jack William -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arellano Alberto $787,500
Previous Owner Arellano Alberto $639,200
Previous Owner Seabourne Jack William $367,500
Previous Owner Seabourne Jack William $150,750
Closed Arellano Alberto $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2012 10/05/12 Sold $560,000 +1.8% $306 / Sq Ft
07/16/2012 07/16/12 Pending -- -- --
04/17/2012 04/17/12 For Sale $549,950 -- $301 / 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 $12,269 $689,588 $344,794 $344,794
2023 $12,269 $662,812 $331,406 $331,406
2022 $11,681 $649,816 $324,908 $324,908
2021 $11,905 $637,076 $318,538 $318,538
2020 $10,750 $630,544 $315,272 $315,272
2019 $9,856 $618,182 $309,091 $309,091
2018 $9,918 $606,062 $303,031 $303,031
2017 $9,999 $594,180 $297,090 $297,090
2016 $9,075 $582,530 $291,265 $291,265
2015 $8,825 $573,780 $286,890 $286,890
2014 $8,927 $562,542 $281,271 $281,271
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Rishi Bakshi

    Intero Real Estate Services

    (510) 673-8473

    7 Total Sales

    Section Image
  • Carlos Rodriguez

    Buyer's Agent in 2012

    Carlos Rodriguez

    eXp Realty of California

    (510) 209-7211

    1 Total Sale

    Section Image
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Map

Source: MLSListings

MLS Number: ML81214087

MLSListings

APN: 032-134-040

California San Mateo County San Mateo 94401 North Central

518 State St, San Mateo, CA

This home is located at 518 State St, San Mateo, CA 94401 since 17 April 2012 and is currently estimated at $1,698,283, approximately $928 per square foot. This property was built in 1944. 518 State St is a home located in San Mateo County with nearby schools including San Mateo Park Elementary, Borel Middle School, and San Mateo High School.

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