NOT LISTED FOR SALE

Estimated Value: $1,633,000 - $1,994,478

-- Bed
2 Baths
3,212 Sq Ft
$551/Sq Ft Est. Value

Last Sold January 18, 2024

Last sale price $1,600,000 $498 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $11,510/month

84 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Patio
  • Borel Middle School Rated A-
  • 2 Car Attached Garage
  • Central Heating

About This Home

As of January 2024

Nestled in the heart of the coveted San Mateo neighborhood, this exceptional income-generating property offers the perfect blend of style, convenience, and investment potential. With two beautifully occupied units, this duplex presents an attractive opportunity for both seasoned investors and those new to the market. Don't miss your chance to own a slice of the real estate in a very convenient peninsula location.

Last Agent to Sell the Property

Mark Au Yeung

KW Advisors License #01931229 Listed on: 09/15/2023

KW Advisors

Last Buyer's Agent

Mary Beckwith

Panda Realty License #00805836

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,590

Year Built

  • Built in 1939

Lot Details

  • 7,500 Sq Ft Lot

Home Design

  • 3,212 Sq Ft Home
  • Duplex

Kitchen

  • Free-Standing Gas Range
  • Dishwasher

Flooring

  • Wood
  • Laminate

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Open Parking

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Heating
  • Separate Meters

Community Details

  • 2 Units
  • 2 Leased Units

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Assessor Parcel Number 032-167-110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,590

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subtype Description: House(s)
  • Year Built: 1939
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Rooms: 10
  • Appliances: Dishwasher, Free Standing Gas Range
  • Flooring: Laminate, Wood
  • Price Per Square Foot: 498.13
  • Square Footage: 3212.00

Exterior Features

  • Patio And Porch Features: Balcony/Deck, Uncovered Patio

Garage/Parking

  • Parking Features: Attached, Open
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Central
  • Security Features: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Assessor Parcel Number: 032-167-110
  • Lot Features: Other
  • Lot Size Acres: 0.1722
  • Lot Size Sq Ft: 7500.00
  • Lot Size Units: SqFt
  • Price Per Acre: 9291521.49

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water
  • Units Furnished: None

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Rent Multiplier: 19.32
  • Gross Income Multiplier: 20.530
  • Number Of Units Leased: 2
  • Separate Meters: Electricity, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2024
Sold by
Lee Hiram
Bought by
Lee Hiram and Lee-Leong Kit Peng
Current Estimated Value
$1,770,120

Purchase Details

Listed on
Sep 15, 2023
Closed on
Jan 10, 2024
Sold by
Lee-Leong Kit Peng
Bought by
Lee Hiram
Seller's Agent
Mark Au Yeung
KW Advisors
Buyer's Agent
Mary Beckwith
Panda Realty
List Price
$1,700,000
Sold Price
$1,600,000
Premium/Discount to List
-$100,000
-5.88%
Views
99

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%

Purchase Details

Closed on
Dec 6, 2018
Sold by
Lee Dar Po
Bought by
Lee Dar Po and 2018 Dar Po Lee Revocable Trus

Purchase Details

Closed on
Jun 28, 2017
Sold by
Nguyen Van Tuong and Van Phan Danh
Bought by
Lee Dar Po

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2017
Sold by
Nguyen Van Tuong and Van Nguyen Tuong
Bought by
Nguyen Van Tuong and Van Phan Danh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2006
Sold by
Myers Julie L
Bought by
Vannguyen Tuong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 9, 2005
Sold by
Nicolas Basilio R and Nicolas Josefina O
Bought by
Myers Julie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$748,500
Interest Rate
1.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2005
Sold by
Myers David C
Bought by
Myers Julie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$748,500
Interest Rate
1.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2000
Sold by
Campos Betty A and Campos Randall G
Bought by
Nicolas Basilio R and Nicolas Josefina O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,300
Interest Rate
8.48%
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
Lee Hiram -- None Listed On Document
Lee Hiram -- Chicago Title Company
Lee Hiram $1,600,000 Chicago Title Company
Lee Dar Po -- None Available
Lee Dar Po $1,390,000 Chicago Title Company
Nguyen Van Tuong -- Chicago Title Company
Vannguyen Tuong $1,090,000 Commonwealth Land Title Co
Myers Julie L $998,000 Old Republic Title Company
Myers Julie L -- Old Republic Title Company
Nicolas Basilio R $799,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Dar Po $250,000
Previous Owner Lee Dar Po $40,000
Previous Owner Vannguyen Tuong $109,000
Previous Owner Vannguyen Tuong $872,000
Previous Owner Myers Julie L $748,500
Previous Owner Myers Julie L $49,900
Previous Owner Nicolas Basilio R $559,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2024 01/18/24 Sold $1,600,000 -5.9% $498 / Sq Ft
12/08/2023 12/08/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $1,700,000 -- $529 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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 $22,590 $1,632,000 $1,366,800 $265,200
2023 $22,590 $1,550,567 $1,349,776 $200,791
2022 $20,869 $1,520,164 $1,323,310 $196,854
2021 $20,232 $1,490,358 $1,297,363 $192,995
2020 $19,600 $1,475,078 $1,284,061 $191,017
2019 $19,106 $1,446,156 $1,258,884 $187,272
2018 $17,885 $1,417,800 $1,234,200 $183,600
2017 $14,823 $1,180,000 $590,000 $590,000
2016 $14,660 $1,180,000 $590,000 $590,000
2015 $12,056 $950,000 $475,000 $475,000
2014 $10,581 $800,000 $400,000 $400,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 423908808

San Francisco Association of REALTORS® MLS

APN: 032-167-110