Seller's Agent in 2024
Patrick Sedillo
Patrick Sedillo Real Estate
(415) 577-4701
2 in this area
19 Total Sales
541 4th Ave San Bruno, CA 94066
Belle Air Park NeighborhoodEstimated Value: $938,000 - $1,360,000
5
Beds
4
Baths
1,900
Sq Ft
$584/Sq Ft
Est. Value
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 2024New, 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 Real Estate License #02051305 Listed on: 09/07/2024
Home Details
Home Type
- Single Family
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
- Storage 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
- Bathtub with Shower
- 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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,401
Avg. Annual Appreciation
0.73%
Original Mortgage
$1,100,000
Outstanding Balance
$1,084,395
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$25,006
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%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vs Family Living Trust | $1,100,000 | Old Republic Title | |
| Gonzales Nicholas T | $330,500 | First American Title Company | |
| Federal Home Loan Mortgage Corporation | $281,869 | Accommodation | |
| Samora Douglas | $231,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vs Family Living Trust | $1,100,000 | |
| Previous Owner | Samora Douglas | $196,350 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
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 | $1,100,000 | $800,000 | $300,000 |
| 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
-
Patrick Sedillo
-
Amar Realtor
Buyer's Agent in 2024
Amar Realtor
Keller Williams Palo Alto
(650) 686-2627
1 in this area
237 Total Sales
Map
Source: MLSListings
MLS Number: ML81979561
APN: 020-204-100
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