NOT LISTED FOR SALE

Estimated Value: $1,343,000 - $1,721,632

4 Beds
2 Baths
1,554 Sq Ft
$1,004/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $1,300,000 $837 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $10,010/month

26 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Level Lot
  • Borel Middle School Rated A-
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of March 2021

Hansen Beaudreau & Associates is proud to present 613 S Humboldt St. The property consists of two, two-bedroom and one-bath units that are fully leased, each unit enjoying a private patio space. Terrific location, blocks from San Mateo's vibrant downtown, parks and schools this duplex appeals to a wide range of demographics, from families to couples young and old. Each unit is separately metered with a hardscape back patio and turf patio installed reduces expenses and maintenance. Please DO NOT attempt to view the property without an appointment.

Last Agent to Sell the Property

Paul Beaudreau

KW Advisors License #01910286 Listed on: 01/26/2021

KW Advisors

Co-Listed By

Dreux Hansen

KW Advisors License #01945753

Last Buyer's Agent

Mitch Wong

Compass License #01375495

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,271

Year Built

  • 1956

Lot Details

  • 3,498 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,554 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $68,220

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $943
  • Maintenance Expense $500
  • Utility Expense $1,105
  • Trash Expense $632
  • Operating Expense $20,492
  • Gross Income $68,220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,271

Year Built

1956

Lot Details

0

Parking

2

Listing Details

  • Zoning: RM0000
  • Subclass: Duplex
  • Age: 65
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1554
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1956

Interior Features

  • Living Sq Ft: 1554
  • Stories: 1
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Mateo Union High
  • Elementary School: Sunnybrae Elementary
  • Elementary School: 770

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.0803
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3500.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 20.35
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 943
  • Expense Maintenance: 500
  • Expenses Total: 20492
  • Expenses Utility: 1105
  • Expense Trash: 632
  • Income Annual Gross: 68220.00
  • Income Annual Rental: 68220
  • Income Gross Scheduled: 68220
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
Mar 22, 2021
Sold by
Dunne Derek J and Dunne Shannon K
Bought by
Chen Jerry and Chen Amy Shaw
Seller's Agent
Paul Beaudreau
KW Advisors
Buyer's Agent
Mitch Wong
Compass
List Price
$1,388,000
Sold Price
$1,300,000
Premium/Discount to List
-$88,000
-6.34%
Current Estimated Value
$1,560,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,658
Avg. Annual Appreciation
4.21%
Original Mortgage
$780,000
Outstanding Balance
$702,728
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$857,930

Purchase Details

Listed on
Aug 31, 2015
Closed on
Oct 1, 2015
Sold by
Sedlacek John and Meyers Laura
Bought by
Dunne Derek J and Dunne Shannon K
Seller's Agent
Debra Rahe
Dwellings
Buyer's Agent
Paul Beaudreau
Gilmartin Group
List Price
$995,000
Sold Price
$1,050,000
Premium/Discount to List
$55,000
5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Original Mortgage
$787,500
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2004
Sold by
Sedlacek Laura and The Laura Sedlacek Revocable T
Bought by
The Laura Sedlacek Living Trust
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
Chen Jerry $1,300,000 Old Republic Title Company
Dunne Derek J $1,050,000 Cornerstone Title Company
The Laura Sedlacek Living Trust -- --
The Laura Sedlacek Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Jerry $780,000
Previous Owner Dunne Derek J $920,000
Previous Owner Dunne Derek J $787,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $1,300,000 -6.3% $837 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $1,388,000 +32.2% $893 / Sq Ft
10/15/2015 10/15/15 Sold $1,050,000 +5.5% $676 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
08/31/2015 08/31/15 For Sale $995,000 -- $640 / 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 $18,271 $1,407,159 $920,066 $487,093
2023 $18,271 $1,352,520 $884,340 $468,180
2022 $17,868 $1,326,000 $867,000 $459,000
2021 $15,405 $1,148,326 $574,163 $574,163
2020 $14,721 $1,136,552 $568,276 $568,276
2019 $14,264 $1,114,268 $557,134 $557,134
2018 $13,479 $1,092,420 $546,210 $546,210
2017 $13,030 $1,071,000 $535,500 $535,500
2016 $12,648 $1,050,000 $525,000 $525,000
2015 $3,939 $269,710 $80,905 $188,805
2014 $3,942 $264,428 $79,321 $185,107
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81827262

MLSListings

APN: 033-303-190