NOT LISTED FOR SALE

Estimated Value: $1,633,000 - $1,944,211

4 Beds
4 Baths
3,424 Sq Ft
$532/Sq Ft Est. Value

Last Sold February 08, 2013

Last sale price $830,000 $242 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $10,866/month

76 Days on Market

Highlights

  • Wood Flooring
  • South San Francisco High School Rated A-
  • Neighborhood Views

About This Home

As of February 2013

Four unit apartment building - very well cared for. Great downtown location.

Last Agent to Sell the Property

Larry Franzella

Prudential California Realty License #00512797 Listed on: 10/23/2012

Prudential California Realty

Last Buyer's Agent

Max Reinhardt

Corcoran Icon Properties License #01876163

Corcoran Icon Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,902

Year Built

  • 1958

Lot Details

  • Lot Sloped Down

Parking

  • Covered Parking

Home Design

  • Quadruplex
  • Tar and Gravel Roof

Interior Spaces

  • 2-Story Property
  • Neighborhood Views
  • Oven or Range
  • Laundry in Garage

Flooring

  • Wood
  • Wall to Wall Carpet

Utilities

  • Wall Furnace
  • Heating System Uses Natural Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $44,400
  • The owner pays for electric, garbage, services - gardener/landscaping, hot water, water

Community Details

Overview

  • 4 Units

Building Details

  • Gardener Expense $1,020
  • Insurance Expense $1,305
  • Other Expense $249
  • Utility Expense $817
  • Trash Expense $1,091
  • Operating Expense $8,816
  • Gross Income $45,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,902

Year Built

1958

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 55
  • Inspections Reports: Pest Control
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Stories: 2
  • Laundry: Washer/Dryer - Owned, Washer/Dryer - Owned Coin-Op, In Garage
  • Flooring: Carpet - Wall To Wall, Hardwood, Carpet

Exterior Features

  • Roof: Tar And Gravel
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Common Parking Area, Spaces Per Unit - 1

Utilities

  • Heating System: Wall Furnace, Gas - Natural
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Storage Locker

Schools

  • School District: South San Francisco Unified

Lot Info

  • Lot Description: Grade - Sloped Down
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5600.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5600.00
  • Lot Size Area Min Search: 5600.00
  • Maximum Lot Size: 5600.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.67

Multi Family

  • Expense Insurance: 1305
  • Expense Landscape: 1020
  • Expenses Other: 249
  • Expenses Total: 8816
  • Expenses Utility: 817
  • Expense Trash: 1091
  • Expense Water Sewer: 1000
  • Income Annual Gross: 45000.00
  • Income Annual Rental: 44400
  • Income Gross Scheduled: 45000
  • Income Includes: Laundry, Lease
  • Income Laundry: 600
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Services - Gardener, Utilities - Hot Water, Utilities - Water, Utilities - Gas, Insurance, Maintenance - Laundry, Fee - License/Advertising, Fee - Property Tax, Services - Sewer
  • Owner Pays: Electric, Garbage, Services - Gardener/Landscaping, Hot Water, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable Tv, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2012
Closed on
Feb 4, 2013
Sold by
Rodondi Deborah J and Rodondi Kevin M
Bought by
Vanslett Isabel
Seller's Agent
Larry Franzella
Prudential California Realty
Buyer's Agent
Max Reinhardt
Corcoran Icon Properties
List Price
$795,000
Sold Price
$830,000
Premium/Discount to List
$35,000
4.4%
Current Estimated Value
$1,821,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$991,803
Avg. Annual Appreciation
6.32%
Original Mortgage
$622,500
Outstanding Balance
$436,402
Interest Rate
3.32%
Mortgage Type
New Conventional
Estimated Equity
$1,360,301

Purchase Details

Closed on
Nov 12, 2001
Sold by
Rodondi June M
Bought by
Rodondi June M
Source: Public Records

Range of Values:

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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
Vanslett Isabel $830,000 Fidelity National Title Co
Rodondi June M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanslett Isabel $622,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2013 02/08/13 Sold $830,000 +4.4% $242 / Sq Ft
01/07/2013 01/07/13 Pending -- -- --
10/23/2012 10/23/12 For Sale $795,000 -- $232 / 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 $13,902 $1,022,074 $511,037 $511,037
2023 $13,902 $982,388 $491,194 $491,194
2022 $12,939 $963,126 $481,563 $481,563
2021 $12,755 $944,242 $472,121 $472,121
2020 $12,585 $934,560 $467,280 $467,280
2019 $12,469 $916,236 $458,118 $458,118
2018 $12,180 $898,272 $449,136 $449,136
2017 $11,780 $880,660 $440,330 $440,330
2016 $11,406 $863,394 $431,697 $431,697
2015 $11,217 $850,426 $425,213 $425,213
2014 $11,035 $833,768 $416,884 $416,884
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81238854

MLSListings

APN: 012-243-020