NOT LISTED FOR SALE

620 1st Ave San Mateo, CA 94401

North Central Neighborhood

Estimated Value: $1,723,000 - $2,116,447

4 Beds
4 Baths
1,935 Sq Ft
$962/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $855,000 $442 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $11,612/month

100 Days on Market

About This Home

As of February 2014

Contractors special in a desirable location! This unique duplex residence offers unlimited potential for flexible interpretation of space and function. Located in close proximity to 101 and moments from trendy downtown San Mateo. Excellent income potential or live/rent combo.

Last Agent to Sell the Property

Maria E Neal

Initio Realty License #01479475 Listed on: 10/31/2013

Last Buyer's Agent

Rahsaan Dean

Initio Realty License #01859879

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,599

Lot Details

  • 6,447

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,935 Sq Ft Home
  • 2-Story Property

Utilities

  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $61,200
  • The owner pays for garbage

Community Details

Overview

  • 2 Units
  • 1,935 Sq Ft Building

Building Details

  • Operating Expense $13,405
  • Gross Income $61,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,599

Lot Details

0

Listing Details

  • Zoning: RM3
  • Subclass: Duplex
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 441.86
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1935
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Living Sq Ft: 1935
  • Stories: 2
  • Laundry: In Some Units

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Spaces Per Unit - 1

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6900.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6900.00
  • Lot Size Area Min Search: 6900.00
  • Maximum Lot Size: 6900.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 9.62

Multi Family

  • Expenses Total: 13405
  • Income Annual Gross: 61200.00
  • Income Annual Rental: 61200
  • Income Gross Scheduled: 61200
  • Maximum Building Height: 2
  • Meters: Master Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 2
  • Operating Expenses Include: Services - Trash Removal, Services - Sewer
  • Owner Pays: Garbage
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2017
Sold by
Chao Michael and Chao Shervan
Bought by
Chao Michael and Chao Shervan
Current Estimated Value
$1,861,112

Purchase Details

Listed on
Oct 31, 2013
Closed on
Feb 11, 2014
Sold by
Tzou Chih Wen
Bought by
Li Hsiang Feng
Seller's Agent
Maria E Neal
Initio Realty
Buyer's Agent
Rahsaan Dean
Initio Realty
List Price
$589,000
Sold Price
$855,000
Premium/Discount to List
$266,000
45.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%

Purchase Details

Closed on
Feb 20, 2007
Sold by
Briggs Carleton L
Bought by
Chow Mann and Wang Amy Hsiao Fan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,850
Interest Rate
6.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 12, 1999
Sold by
Turchen Elsie G
Bought by
Greensprings Fellowship Trust and Eberle Margaret
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chao Michael $43,000 None Available
Li Hsiang Feng -- North American Title Co Inc
Chao Michael $855,000 North American Title Co Inc
Chow Mann $919,000 North American Title Company
Greensprings Fellowship Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chow Mann $137,850
Previous Owner Chow Mann $597,350
Previous Owner The Greensprings Baptist Christian Fello $15,975,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $855,000 +45.2% $442 / Sq Ft
02/08/2014 02/08/14 Pending -- -- --
10/31/2013 10/31/13 For Sale $589,000 -- $304 / 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 $18,599 $1,379,832 $695,803 $684,029
2023 $18,599 $1,326,258 $668,786 $657,472
2022 $17,760 $1,300,255 $655,673 $644,582
2021 $17,273 $1,274,762 $642,818 $631,944
2020 $16,834 $1,261,692 $636,227 $625,465
2019 $16,221 $1,236,956 $623,753 $613,203
2018 $15,367 $1,212,705 $611,524 $601,181
2017 $12,413 $976,609 $451,543 $525,066
2016 $12,181 $957,462 $442,690 $514,772
2015 $10,581 $872,082 $436,041 $436,041
2014 $14,757 $1,004,402 $502,201 $502,201
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Maria E Neal

    Initio Realty

  • R

    Buyer's Agent in 2014

    Rahsaan Dean

    Initio Realty

See All Agents

Map

Source: MLSListings

MLS Number: ML81402011

MLSListings

APN: 034-163-040

California San Mateo County San Mateo 94401 North Central

620 1st Ave, San Mateo, CA

This home is located at 620 1st Ave, San Mateo, CA 94401 since 31 October 2013 and is currently estimated at $1,861,112, approximately $961 per square foot. 620 1st Ave is a home located in San Mateo County with nearby schools including Laurel Elementary School, Abbott Middle School, and San Mateo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes