NOT LISTED FOR SALE

Estimated Value: $1,832,000 - $2,140,000

5 Beds
4 Baths
3,943 Sq Ft
$500/Sq Ft Est. Value

Sale Details

Date Sold: August 31, 2023

Last sale price $1,775,000 $450 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $12,831 / mo

47 Days on Market

Highlights

  • Coin Laundry
  • Washer and Dryer
  • Carpet
  • George Hall Elementary School Rated A

About This Home

As of August 2023

San Mateo Village fouplex offering a desireable mix of (3) 1 Bedroom/1 Bathroom units and (1) 2 Bedroom/1 Bathroom unit with 4 covered parking spaces and laundry on-site. This fantastic location offers tenants the ideal commute for the new Meta/Facebook campus, Sony, Gilead, Visa, Snowflake, Rakutan, Tesla, and Medidata with easy access to 101 and 92 and blocks away from Hillsdale CalTrain Station. Enjoy Downtown San Mateo with exciting restaurants, shops and nightlife as well as Hillsdale Shopping Center, Whole Foods, Marina Food, Mollie Stone, Laurel Meadow & Casanova Park

Last Agent to Sell the Property

Kelly McSweeney

Christie's International Real Estate Sereno License #02094309 Listed on: 06/01/2023

Christie's International Real Estate Sereno

Last Buyer's Agent

Kelly McSweeney

Christie's International Real Estate Sereno License #02094309 Listed on: 06/01/2023

Christie's International Real Estate Sereno

Property Details

Home Type

  • Multi-Family

Year Built

  • 1952

Lot Details

  • 7,279 Sq Ft Lot

Home Design

  • Quadruplex
  • Slate Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,943 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Flooring

  • Carpet
  • Vinyl

Parking

  • 4 Carport Spaces
  • On-Street Parking

Utilities

  • Wall Furnace
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $106,200
  • Month-to-Month Lease Term

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $3,300
  • Insurance Expense $2,458
  • Utility Expense $5,512
  • Trash Expense $2,532
  • Operating Expense $45,117
  • Gross Income $103,014

Property Details

Home Type

Multi-Family

Year Built

1952

Lot Details

7,279 Sq Ft Lot

Listing Details

  • Zoning: R4
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3943
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Interior Features

  • Living Sq Ft: 3943
  • Stories: 2
  • Laundry: Coin Operated, Washer / Dryer
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Slate

Garage/Parking

  • Garage Parking Features: Carport, On Street
  • Carport Min: 4

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.1671
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7280.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7280.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 18.36
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Expense Insurance: 2458
  • Expense Landscape: 3300
  • Expenses Total: 45117
  • Expenses Utility: 5512
  • Expense Trash: 2532
  • Income Annual Gross: 103014.00
  • Income Annual Rental: 106200
  • Income Gross Scheduled: 106200
  • Meters: Master Water, Separate Common Area, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance, Services - Gardener, Services - Sewer, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Aug 24, 2023
Sold by
Bought by
Seller's Agent
Kelly McSweeney
Christie's International Real Estate Sereno
Buyer's Agent
Kelly McSweeney
Christie's International Real Estate Sereno
List Price
$1,950,000
Sold Price
$1,775,000
Premium/Discount to List
-$175,000
-8.97%
Views
55
Current Estimated Value
$1,969,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,593
Avg. Annual Appreciation
3.70%
Original Mortgage
$150,000
Interest Rate
0.0678%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 10, 2018
Closed on
Sep 11, 2018
Sold by
Bought by
Seller's Agent
Chris Giotinis
SC Properties
Buyer's Agent
Edward Milestone
Berkshire Hathaway-Franciscan
List Price
$1,995,000
Sold Price
$2,140,000
Premium/Discount to List
$145,000
7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.71%
Original Mortgage
$100,000
Interest Rate
0.046%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Apr 10, 2018
Closed on
Aug 28, 2018
Sold by
Bought by
Seller's Agent
Chris Giotinis
SC Properties
Buyer's Agent
Edward Milestone
Berkshire Hathaway-Franciscan
List Price
$1,995,000
Sold Price
$2,140,000
Premium/Discount to List
$145,000
7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
0.046%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 3, 2016
Sold by
Bought by

Purchase Details

Closed on
Apr 2, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,000
Interest Rate
0.0362%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,000
Interest Rate
0.0479%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,000
Interest Rate
0.0479%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2006
Sold by
Bought by

Purchase Details

Closed on
Mar 20, 2006
Sold by
Bought by

Purchase Details

Closed on
Feb 13, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,500
Interest Rate
0.0662%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,500
Interest Rate
0.0662%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2005
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,775,000 Fidelity National Title Compan
-- North American Title Co
$2,140,000 North American Title Co
-- None Available
-- Accommodation
-- Accommodation
-- Fidelity National Title Co
-- None Available
-- None Available
-- None Available
-- Fidelity National Title Co
-- Fidelity National Title Co
$810,000 Fidelity Nationall Title Co
$59,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $675,000
Closed $150,000
Previous Owner $413,000
Previous Owner $100,000
Previous Owner $311,000
Previous Owner $639,000
Previous Owner $656,000
Previous Owner $526,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2023 08/31/23 Sold $1,775,000 -9.0% $450 / Sq Ft
07/19/2023 07/19/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $1,950,000 -8.9% $495 / Sq Ft
09/20/2018 09/20/18 Sold $2,140,000 +7.3% $543 / Sq Ft View Prior Sale
04/30/2018 04/30/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $1,995,000 -- $506 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $25,569 $1,810,500 $1,377,000 $433,500
2023 $25,569 $2,294,509 $1,501,081 $793,428
2022 $31,766 $2,249,520 $1,471,649 $777,871
2021 $31,315 $2,205,413 $1,442,794 $762,619
2020 $30,103 $2,182,800 $1,428,000 $754,800
2019 $28,421 $2,140,000 $1,400,000 $740,000
2018 $14,574 $972,836 $486,418 $486,418
2017 $13,381 $953,762 $476,881 $476,881
2016 $13,014 $935,062 $467,531 $467,531
2015 $12,003 $921,018 $460,509 $460,509
2014 $11,543 $902,978 $451,489 $451,489
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81930347

MLSListings

APN: 040-072-270

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