NOT LISTED FOR SALE

622 Abbot Ave Daly City, CA 94014

Hillside Neighborhood

Estimated Value: $1,105,000 - $1,423,800

4 Beds
3 Baths
2,150 Sq Ft
$580/Sq Ft Est. Value

Sale Details

Date Sold: September 11, 2013

Last sale price $645,000 $300 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $7,470 / mo

24 Days on Market

Highlights

  • Neighborhood Views
  • Forced Air Heating System
  • Wall to Wall Carpet
  • Westmoor High School Rated A-

About This Home

As of September 2013

Great investment opportunity! 3 bedroom 2 bath upstairs and 1 bedroom 1 bath downstairs. Washer and dryer for each unit. Two car garage and 2 outdoor parking spaces.

Last Agent to Sell the Property

Joanna Beaudreau

Gilmartin Group License #01909035 Listed on: 07/08/2013

Last Buyer's Agent

Joanna Beaudreau

Gilmartin Group License #01909035 Listed on: 07/08/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • 1998

Lot Details

  • 2,483

Home Design

  • Duplex

Interior Spaces

  • 2,150 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • Garage
  • Private Parking
  • Garage Door Opener
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $30,000
  • The owner pays for garbage, services - gardener/landscaping, water

Community Details

Overview

  • 2,150 Sq Ft Building

Building Details

  • Operating Expense $6,194
  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Year Built

1998

Lot Details

2,483 Sq Ft Lot

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Inspections Reports: Fault Zone, Pest Control, Property Inspection, Flood Zone
  • Sale Price Per Sq Ft: 300.00
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 2150
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1998

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Varies By Unit, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 2150
  • Stories: 2
  • Laundry: Washer/Dryer - Owned, In Garage, In Some Units
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum

Exterior Features

  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Gate / Door Opener, Private / Exclusive, Spaces Per Unit - 1, Off-Street Parking

Utilities

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

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2500.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 2500.00
  • Lot Size Area Min Search: 2500.00
  • Maximum Lot Size: 2500.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 21.67

Multi Family

  • Expenses Total: 6194
  • Income Annual Gross: 30000.00
  • Income Annual Rental: 30000
  • Income Gross Scheduled: 30000
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Utilities - Gas, Insurance, Fee - Property Tax, Services - Sewer, Fee - Association, Utilities - Electric
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2013
Closed on
Aug 28, 2013
Sold by
Moy Roger H
Bought by
Han Xu
Seller's Agent
Joanna Beaudreau
Gilmartin Group
Buyer's Agent
Joanna Beaudreau
Gilmartin Group
List Price
$615,000
Sold Price
$645,000
Premium/Discount to List
$30,000
4.88%
Current Estimated Value
$1,246,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$601,200
Avg. Annual Appreciation
5.39%
Original Mortgage
$618,640
Outstanding Balance
$439,844
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$806,356

Purchase Details

Closed on
Jan 19, 2010
Sold by
Lee Alice S
Bought by
Moy Roger H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,750
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2009
Sold by
Us Bank National Association
Bought by
Moy Roger H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,750
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2009
Sold by
Myasnyankin Valeriy
Bought by
Us Bank National Association

Purchase Details

Closed on
Nov 1, 2005
Sold by
Tolentino Nelson C
Bought by
Myasnyankin Valeriy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2005
Sold by
Sheynberg Channa
Bought by
Myasnyankin Valeriy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2005
Sold by
Tolentino Nelson C
Bought by
Tolentino Nelson C and Nelson C Tolentino Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.3%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 7, 2001
Sold by
Kitaguchi Thomas
Bought by
Tolentino Nelson C and Morales Thomasen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,600
Interest Rate
7.1%

Purchase Details

Closed on
Feb 7, 1997
Sold by
Victorian Homes
Bought by
Kitaguchi Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,650
Interest Rate
7.11%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Han Xu $645,000 North American Title Co Inc
Moy Roger H -- Stewart Title Of California
Moy Roger H $535,000 Stewart Title
Us Bank National Association $500,000 None Available
Myasnyankin Valeriy $850,000 Commonwealth Land Title Co
Myasnyankin Valeriy -- Commonwealth Land Title Co
Tolentino Nelson C -- --
Tolentino Nelson C $557,000 Commonwealth Land Title Co
Kitaguchi Thomas $336,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Han Xu $618,640
Previous Owner Moy Roger H $347,750
Previous Owner Myasnyankin Valeriy $650,000
Previous Owner Myasnyankin Valeriy $200,000
Previous Owner Tolentino Nelson C $445,600
Previous Owner Kitaguchi Thomas $268,650
Closed Tolentino Nelson C $55,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2013 09/11/13 Sold $645,000 +4.9% $300 / Sq Ft
08/01/2013 08/01/13 Pending -- -- --
07/08/2013 07/08/13 For Sale $615,000 -- $286 / Sq Ft
Source: MLSListings

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 $9,726 $790,671 $418,014 $372,657
2023 $9,726 $759,970 $401,783 $358,187
2022 $9,437 $745,069 $393,905 $351,164
2021 $9,342 $730,461 $386,182 $344,279
2020 $9,322 $722,972 $382,223 $340,749
2019 $8,769 $708,797 $374,729 $334,068
2018 $8,458 $694,900 $367,382 $327,518
2017 $8,346 $681,276 $360,179 $321,097
2016 $8,179 $667,918 $353,117 $314,801
2015 $8,032 $657,886 $347,813 $310,073
2014 $7,777 $645,000 $341,000 $304,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Joanna Beaudreau

    Gilmartin Group

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Map

Source: MLSListings

MLS Number: ML81324215

MLSListings

APN: 006-452-280

California San Mateo County Daly City 94014 Hillside

622 Abbot Ave, Daly City, CA

Not Listed for Sale

MultiFamily

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