$1,100,000
SOLD NOV 7, 2024
5 Beds
4 Baths
1,900 Sq Ft
5,001 Sq Ft Lot

Recently Sold

$579 Per Sq Ft

10% Above List Price

51 Days on Market

Highlights

  • Two Primary Bedrooms
  • Traditional Architecture
  • Bonus Room
  • Capuchino High School Rated A-
  • Main Floor Primary Bedroom
  • Formal Dining Room

About This Home

As of November 2024

New, transparent price! Cash or finance. Empty house ready for buyer! Income property with an 8 percent cap rate that pays for itself. Rare opportunity to own a home with such high rentals return at this price. The homeowner has used this home to live in and is an income property. He has 3 little ones and living on the construction site is no longer workable. He looks for further investments and is excited to see the next owner finish what he started and see profits immediately. Some cosmetics work to bring to completion is done without the liberty of permits but well-built structures. Now that it's vacant expected to move fast. Interest rates dropping, and housing soaring don't miss out on this great opportunity. Bring your contractor! This opportunity in San Bruno's Belle Air Park is unique and large. 5 bedrooms and 4 baths (one is a converted garage). Disclosures available now. The walls are straight and the floors are level, the current owner made these changes including a bonus room, addition, and ADU with kitchen, bed, and full bath. Inspections are done. The buyer verifies square footage (county says 860 but the seller has added on). Rental Income Main House 3600 ADU 3000 Garage 950 Studio 1650 =$9050 per month

Last Agent to Sell the Property

Patrick Sedillo

Patrick Sedillo Real Estate License #02051305 Listed on: 09/07/2024

Last Buyer's Agent

Amar Realtor

Keller Williams Palo Alto License #01889230

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,445

Year Built

  • Built in 1939

Lot Details

  • 5,001 Sq Ft Lot
  • East Facing Home
  • Wood Fence
  • Zoning described as R10006

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,900 Sq Ft Home
  • Formal Dining Room
  • Bonus Room

Kitchen

  • Open to Family Room
  • Gas Oven
  • Gas Cooktop
  • <<microwave>>
  • Dishwasher
  • Kitchen Island

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • <<tubWithShowerToken>>
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces
  • Off-Street Parking

Additional Homes

  • 850 SF Accessory Dwelling Unit

Utilities

  • Wall Furnace
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 020-204-100

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,445

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Flat, Traditional
  • Property Condition: Fixer Upper
  • Age: 85
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 850
  • Structure Sq Ft: 1900
  • Incorporated: Yes
  • Year Built: 1939
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area, Formal Dining Room
  • Kitchen: Cooktop - Gas, Dishwasher, Exhaust Fan, Island, Microwave, Oven - Electric, Oven - Gas, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1900
  • Bedrooms: Ground Floor Bedroom, More than One Bedroom on Ground Floor, More than One Primary Bedroom, Primary Bedroom on Ground Floor
  • Laundry: Dryer, Washer
  • Flooring: Laminate, Tile, Vinyl / Linoleum
  • Additional Rooms: Bonus / Hobby Room, Laundry Room, Storage
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Bathroom: Full on Ground Floor, Shower and Tub, Stall Shower, Tub

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle
  • Fencing: Wood
  • Property Faces: East
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Carport, Off-Street Parking
  • Carport Min: 3

Utilities

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

Schools

  • School District: San Mateo Union High
  • Elementary School: Belle Air Elementary
  • Middle School: Parkside Intermediate
  • High School: Capuchino High
  • High School: 616
  • Elementary School: 739
  • Middle School: 743

Lot Info

  • Lot Description: Regular
  • Parcel Number: 020-204-100
  • 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
  • Soil: Unknown

Multi Family

  • Utilities: Natural Gas, Public Utilities
  • Second Unit Description: ADU no permit

MLS Schools

  • High School District Text: San Mateo Union High
  • Elementary School Text: Belle Air Elementary
  • High School Text: Capuchino High
  • Middle School Text: Parkside Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2024
Closed on
Oct 31, 2024
Sold by
Gonzales Nicholas T
Bought by
Vs Family Living Trust and Kuppuswamy
Seller's Agent
Patrick Sedillo
Patrick Sedillo Real Estate
Buyer's Agent
Amar Realtor
Keller Williams Palo Alto
List Price
$999,888
Sold Price
$1,100,000
Premium/Discount to List
$100,112
10.01%
Views
78
Current Estimated Value
$1,105,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,246
Avg. Annual Appreciation
0.69%
Original Mortgage
$1,100,000
Outstanding Balance
$1,091,218
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$14,028

Purchase Details

Closed on
Apr 19, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gonzales Nicholas T

Purchase Details

Closed on
Jul 26, 2011
Sold by
Samora Douglas
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 14, 1998
Sold by
Cosgrove Martin C
Bought by
Samora Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,350
Interest Rate
8.87%
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

Date Type Sale Price Title Company
Grant Deed $1,100,000 Old Republic Title
Grant Deed $330,500 First American Title Company
Trustee Deed $281,869 Accommodation
Grant Deed $231,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,100,000 New Conventional
Previous Owner $417,000 Unknown
Previous Owner $45,000 Credit Line Revolving
Previous Owner $420,000 Stand Alone First
Previous Owner $376,000 Unknown
Previous Owner $299,000 Unknown
Previous Owner $266,000 Unknown
Previous Owner $30,000 Credit Line Revolving
Previous Owner $266,000 Unknown
Previous Owner $252,000 Unknown
Previous Owner $11,550 Unknown
Previous Owner $196,350 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2024 11/07/24 Sold $1,100,000 0.0% $579 / Sq Ft
10/29/2024 10/29/24 Pending -- -- --
10/15/2024 10/15/24 Price Changed $1,099,888 -45.0% $579 / Sq Ft
10/15/2024 10/15/24 Price Changed $1,999,888 +100.0% $1,053 / Sq Ft
09/07/2024 09/07/24 For Sale $999,888 -- $526 / 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 $5,445 $1,122,000 $816,000 $306,000
2023 $5,445 $398,510 $199,255 $199,255
2022 $4,316 $390,698 $195,349 $195,349
2021 $4,259 $383,038 $191,519 $191,519
2020 $4,219 $379,112 $189,556 $189,556
2019 $4,150 $371,680 $185,840 $185,840
2018 $3,944 $364,394 $182,197 $182,197
2017 $3,901 $357,250 $178,625 $178,625
2016 $3,815 $350,246 $175,123 $175,123
2015 $3,764 $344,986 $172,493 $172,493
2014 $3,723 $338,230 $169,115 $169,115
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81979561

MLSListings

APN: 020-204-100