NOT LISTED FOR SALE

Estimated Value: $1,578,000 - $2,330,955

5 Beds
3 Baths
2,489 Sq Ft
$752/Sq Ft Est. Value

Last Sold September 05, 2013

Last sale price $849,000 $341 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $11,518/month

15 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Forced Air Zoned Heating System
  • Borel Middle School Rated A-

About This Home

As of September 2013

What an incredible opportunity! Live in a 3 bedroom, 2 bath home & generate rental income via a 2 bedroom, 1 bath rental currently rented at $1550/month. The main house includes a large, private yard & generous parking (attached garage & carport at the rear). The rental unit has a dedicated garage & yard space. High walkscore of 74!

Last Agent to Sell the Property

Cheryl Bower

Corcoran Global Living License #01505551 Listed on: 07/21/2013

Last Buyer's Agent

Wendy Chen

First National Realty License #01009036

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,007

Year Built

  • 1938

Lot Details

  • 7,013

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,489 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Flooring

  • Wood
  • Laminate
  • Vinyl

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Parking

  • Carport
  • Uncovered Parking

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Total Actual Rent $1,550

Community Details

Overview

  • 2 Units
  • 2,489 Sq Ft Building

Building Details

  • Operating Expense $5,260
  • Gross Income $1,550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,007

Year Built

1938

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Duplex
  • Age: 75
  • Inspections Reports: Fault Zone, Pest Control, Flood Zone
  • Sale Price Per Sq Ft: 341.10
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 2489
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1938

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 2489
  • Stories: 2
  • Laundry: Washer/Dryer - All Units, Washer/Dryer - Owned, Gas Hookup, Laundry Area - In All Units, In Garage, Laundry Area - In Unit
  • Flooring: Hardwood - Partial, Laminate, Carpet - Wall To Wall, Hardwood, Vinyl / Linoleum

Exterior Features

  • Roof: Composition
  • Yard/Grounds: Deck

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Spaces Per Unit - 1, Uncovered Parking, Carport

Utilities

  • Heating System: Heating - 2+ Zones, Wall Furnace, Gas - Natural, Central Forced Air, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Condo/Co-op/Association

  • HOA Amenities: Patio - Private

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7000.00
  • Lot Size Area Min Search: 7000.00
  • Maximum Lot Size: 7000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 547.74

Multi Family

  • Expenses Total: 5260
  • Income Annual Gross: 1550.00
  • Income Annual Rental: 1550
  • Income Gross Scheduled: 1550
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 2
  • Operating Expenses Include: Insurance
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Utilities - Hot Water, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2018
Sold by
Chan Nina Yim Hng
Bought by
Chan Nina Yim Hong
Current Estimated Value
$1,872,739

Purchase Details

Closed on
Feb 22, 2014
Sold by
Ko Andy Shek Luen and Chan Nina Yim Hong
Bought by
Ko Andy Shek Luen and Chan Nina Yim Hong

Purchase Details

Listed on
Jul 21, 2013
Closed on
Aug 30, 2013
Sold by
Carrillo Natalie Smirensky and The Alexis Smirensky & Valenti
Bought by
Ko Andy Shek Luen and Chan Nina Yim Hong
Seller's Agent
Cheryl Bower
Corcoran Global Living
Buyer's Agent
Wendy Chen
First National Realty
List Price
$849,000
Sold Price
$849,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.82%
Original Mortgage
$551,850
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 18, 2000
Sold by
Smirensky Alexis and Smirensky Valentina
Bought by
Smirensky Alexis and Smirensky Valentina

Purchase Details

Closed on
Oct 28, 1993
Sold by
Zalfa Norman G and Zalfa Grazia
Bought by
Smirensky Alexis and Smirensky Valentina
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
Chan Nina Yim Hong -- None Available
Ko Andy Shek Luen $424,500 None Available
Ko Andy Shek Luen $849,000 North American Title Co Inc
Smirensky Alexis -- --
Smirensky Alexis $295,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Nina Hong $100,000
Open Ko Andy Shek Luen $745,000
Closed Ko Andy Shek Luen $200,000
Closed Ko Andy Shek Luen $555,000
Previous Owner Ko Andy Shek Luen $551,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2013 09/05/13 Sold $849,000 0.0% $341 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
07/21/2013 07/21/13 For Sale $849,000 -- $341 / 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 $16,007 $1,040,728 $520,364 $520,364
2023 $16,007 $1,000,320 $500,160 $500,160
2022 $15,194 $980,708 $490,354 $490,354
2021 $14,805 $961,480 $480,740 $480,740
2020 $13,753 $951,624 $475,812 $475,812
2019 $12,928 $932,968 $466,484 $466,484
2018 $12,246 $914,676 $457,338 $457,338
2017 $11,742 $896,744 $448,372 $448,372
2016 $11,652 $879,164 $439,582 $439,582
2015 $11,559 $865,960 $432,980 $432,980
2014 $10,526 $849,000 $424,500 $424,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81326457

MLSListings

APN: 033-303-230