NOT LISTED FOR SALE

Estimated Value: $1,448,000 - $1,543,000

5 Beds
4 Baths
2,860 Sq Ft
$521/Sq Ft Est. Value

Last Sold April 20, 2021

Last sale price $1,388,000 $485 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $9,520/month

310 Days on Market

Highlights

  • 1 Car Attached Garage
  • Washer and Dryer
  • Heating System Uses Gas
  • Capuchino High School Rated A-

About This Home

As of April 2021

DUPLEX Two Homes on 1 Lot. Main House 4 Bedrooms 2 1/2 Baths 4th Level Great for office/playroom. Back home is 1 bedroom 1 bath with den/office. Very spacious both homes have separate yards for play area/entertainment, BBQ. Live in one and rent the other. Generate immediate cash flow back unit recently remodeled shows great. Walking distance to Downtown San Bruno and Caltrain Station. Minutes to Hwys 35/280/101, SFO. and BART The property was used as Highly Profitable Short-Term Rentals. The spacious driveway has the capacity to fit 3 or more cars.

Last Agent to Sell the Property

Kent Flinn

Intero Real Estate Services License #00982671 Listed on: 05/14/2020

Intero Real Estate Services

Last Buyer's Agent

FRANCES HOWDYSHELL

Realty Executives

Realty Executives

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,621

Year Built

  • 1939

Lot Details

  • 5,001 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Raised Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,860 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop

Utilities

  • Heating System Uses Gas
  • Vented Exhaust Fan
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $92,400

Community Details

Overview

  • 2,860 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Gardener Expense $480
  • Insurance Expense $2,140
  • Maintenance Expense $1,200
  • Manager Expense $6,500
  • Other Expense $1,200
  • Utility Expense $1,200
  • Trash Expense $6,000
  • Operating Expense $23,548
  • Gross Income $89,628

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,621

Year Built

1939

Lot Details

0

Parking

1

Listing Details

  • Zoning: R10006
  • Subclass: Duplex
  • Age: 81
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2860
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1939

Interior Features

  • Kitchen: Cooktop - Electric, Exhaust Fan, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 2860
  • Stories: 2
  • Laundry: Washer / Dryer

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Crawl Space, Raised
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Electric, Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Acres: 0.1148
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 15.13
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Expense Insurance: 2140
  • Expense Landscape: 480
  • Expense Maintenance: 1200
  • Expense Management: 6500
  • Expenses Other: 1200
  • Expenses Total: 23548
  • Expenses Utility: 1200
  • Expense Trash: 6000
  • Income Annual Gross: 89628.00
  • Income Annual Rental: 92400
  • Income Gross Scheduled: 92400
  • Meters: Master Gas, Separate Electric
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Services - Gardener, Services - Trash Removal, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2020
Closed on
Apr 15, 2021
Sold by
Huang Lianghua
Bought by
Huang Jingwen
Seller's Agent
Kent Flinn
Intero Real Estate Services
Buyer's Agent
FRANCES HOWDYSHELL
Realty Executives
List Price
$1,398,000
Sold Price
$1,388,000
Premium/Discount to List
-$10,000
-0.72%
Current Estimated Value
$1,489,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,283
Avg. Annual Appreciation
1.62%
Original Mortgage
$830,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Listed on
May 14, 2020
Closed on
Apr 12, 2021
Sold by
Q Dreams Llc
Bought by
Huang Jingwen
Seller's Agent
Kent Flinn
Intero Real Estate Services
Buyer's Agent
FRANCES HOWDYSHELL
Realty Executives
List Price
$1,398,000
Sold Price
$1,388,000
Premium/Discount to List
-$10,000
-0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$830,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 8, 2014
Sold by
Chen Raymond and Lin Xiahui
Bought by
Q Dreams Llc

Purchase Details

Listed on
May 9, 2012
Closed on
Jun 4, 2012
Sold by
The Bank Of New York Mellon
Bought by
Chen Raymond and Lin Xiahui
Seller's Agent
Therese Finnegan
Corcoran Icon Properties
Buyer's Agent
David Finnegan
Corcoran Icon Properties
List Price
$465,600
Sold Price
$410,000
Premium/Discount to List
-$55,600
-11.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%
Original Mortgage
$230,000
Interest Rate
3.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2012
Sold by
Joseph Frederick
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Apr 11, 2006
Sold by
Joseph Anita
Bought by
Joseph Frederick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 6, 2005
Sold by
Joseph Frederick and Joseph Anita
Bought by
Joseph Frederick and Joseph Anita

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
1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 9, 2004
Sold by
Joseph Frederick and Joseph Anita
Bought by
Joseph Frederick and Joseph Anita

Purchase Details

Closed on
Aug 13, 2002
Sold by
Joseph Frederick and Joseph Anita
Bought by
Joseph Frederick and Joseph Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
6.51%
Mortgage Type
Commercial

Purchase Details

Closed on
May 13, 1999
Sold by
Joseph Clara M
Bought by
Joseph David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.64%
Mortgage Type
Commercial

Purchase Details

Closed on
May 12, 1999
Sold by
Joseph Nicholas
Bought by
Joseph Frederick and Joseph Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 6, 1996
Sold by
Choy Frederick Y and Choy Lily Y
Bought by
Joseph Frederick and Joseph Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,492
Interest Rate
4.95%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Huang Jingwen -- Old Republic Title Company
Huang Jingwen $1,388,000 Old Republic Title Company
Q Dreams Llc -- None Available
Chen Raymond $384,000 North American Title
The Bank Of New York Mellon $413,775 Landsafe Title
Joseph Frederick -- New Century Title Company
Joseph Frederick -- Chicago Title Insurance Co
Joseph Frederick -- --
Joseph Frederick -- North American Title Co
Joseph David -- American Title Co
Joseph Frederick -- American Title Co
Joseph Frederick $257,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Jingwen $830,000
Closed Huang Jingwen $830,000
Previous Owner Q Dreams Llc $962,000
Previous Owner Q Dreams Llc $160,000
Previous Owner Q Dreams Llc $500,000
Previous Owner Chen Raymond $455,000
Previous Owner Chen Raymond $230,000
Previous Owner Joseph Frederick $80,000
Previous Owner Joseph Frederick $580,000
Previous Owner Joseph Frederick $544,000
Previous Owner Joseph Frederick $355,000
Previous Owner Joseph Frederick $355,000
Previous Owner Joseph David $280,000
Previous Owner Joseph Frederick $231,492
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2021 04/20/21 Sold $1,388,000 -0.7% $485 / Sq Ft
03/21/2021 03/21/21 Pending -- -- --
05/14/2020 05/14/20 For Sale $1,398,000 +241.0% $489 / Sq Ft
06/11/2012 06/11/12 Sold $410,000 -11.9% $216 / Sq Ft
05/28/2012 05/28/12 Pending -- -- --
05/09/2012 05/09/12 For Sale $465,600 -- $245 / 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 $17,621 $1,502,413 $671,106 $831,307
2023 $17,621 $1,444,075 $645,048 $799,027
2022 $15,716 $1,415,760 $632,400 $783,360
2021 $4,953 $436,851 $284,410 $152,441
2020 $4,907 $432,372 $281,494 $150,878
2019 $4,828 $423,895 $275,975 $147,920
2018 $4,591 $415,584 $270,564 $145,020
2017 $4,542 $407,436 $265,259 $142,177
2016 $4,446 $399,448 $260,058 $139,390
2015 $4,387 $393,449 $256,152 $137,297
2014 $4,324 $385,743 $251,135 $134,608
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81792518

MLSListings

APN: 020-204-120