NOT LISTED FOR SALE

Estimated Value: $2,092,000 - $2,425,000

8 Beds
4 Baths
6,050 Sq Ft
$366/Sq Ft Est. Value

Last Sold May 26, 2016

Last sale price $1,640,000 $271 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $13,826/month

13 Days on Market

Highlights

  • Secured Garage or Parking
  • Westmoor High School Rated A-
  • Coin Laundry

About This Home

As of May 2016

Located near Top of the Hill Daly City and Mission Street. This convenient 4 Unit apartment building is walking distance to the Daly City BART Station and Muni Bus Transit. Both floors have 2 units that consist of 2 bedrooms and 1 bath with 1 assigned parking space per unit. Onsite coin operated laundry. Easy access to freeway I-280. Conveniently located to Westlake Shopping Center, grocery stores, libraries, and much more. A great location in a quite neighborhood.

Last Agent to Sell the Property

Eva Del Rosario

Berkshire Hathaway Home Services California Realty License #01364990 Listed on: 04/22/2016

Berkshire Hathaway Home Services California Realty

Last Buyer's Agent

Rica Ruiz

KW Advisors License #01353905

KW Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,285

Year Built

  • 1965

Lot Details

  • 3,006

Parking

  • 4 Car Garage
  • Secured Garage or Parking
  • Assigned Parking

Home Design

  • 6,050 Sq Ft Home
  • Quadruplex
  • Shake Roof
  • Shingle Roof
  • Concrete Perimeter Foundation

Utilities

  • Wall Furnace
  • 220 Volts

Additional Features

  • Formica Countertops
  • 3,006 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $87,000

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Insurance Expense $1,200
  • Maintenance Expense $1,000
  • Utility Expense $1,200
  • Trash Expense $1,200
  • Operating Expense $18,836
  • Gross Income $87,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,285

Year Built

1965

Lot Details

0

Parking

4

Listing Details

  • Zoning: R-3
  • Subclass: Fourplex
  • Age: 51
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 6050
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Kitchen: 220 Volt Outlet, Countertop - Formica
  • Living Sq Ft: 6050
  • Security: Secured Garage / Parking
  • Laundry: Coin Operated

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Shake, Shingle

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Assigned Spaces

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Jefferson Union High
  • High School: Jefferson High
  • High School: 709

Lot Info

  • Lot Acres: 0.0690
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.03
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1200
  • Expense Maintenance: 1000
  • Expenses Total: 18836
  • Expenses Utility: 1200
  • Expense Trash: 1200
  • Income Annual Gross: 87250.00
  • Income Annual Rental: 87000
  • Income Gross Scheduled: 87250
  • Income Includes: Laundry
  • Income Other: 250
  • Meters: Master Water, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2016
Closed on
May 24, 2016
Sold by
Trocio Ely Paz B
Bought by
Siloam Properties Llc
Seller's Agent
Eva Del Rosario
Berkshire Hathaway Home Services California Realty
Buyer's Agent
Rica Ruiz
KW Advisors
List Price
$1,399,000
Sold Price
$1,640,000
Premium/Discount to List
$241,000
17.23%
Current Estimated Value
$2,213,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$573,849
Avg. Annual Appreciation
3.28%

Purchase Details

Closed on
Nov 16, 2007
Sold by
Sanchez Alberto M
Bought by
Trocio Ely Paz B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,800
Interest Rate
6.38%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 28, 2003
Sold by
Sanchez Alberto M
Bought by
Sanchez Alberto M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.71%
Mortgage Type
Unknown
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
Siloam Properties Llc $1,640,000 First American Title Company
Trocio Ely Paz B $1,080,000 None Available
Sanchez Alberto M -- Title Court Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trocio Ely Paz B $712,800
Previous Owner Sanchez Alberto M $731,250
Previous Owner Sanchez Alberto M $600,000
Previous Owner Sanchez Alberto M $475,000
Previous Owner Sanchez Alberto M $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2016 05/26/16 Sold $1,640,000 +17.2% $271 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $1,399,000 -- $231 / 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 $22,285 $1,941,420 $970,710 $970,710
2023 $22,285 $1,866,034 $933,017 $933,017
2022 $21,354 $1,829,446 $914,723 $914,723
2021 $20,970 $1,793,576 $896,788 $896,788
2020 $21,362 $1,775,186 $887,593 $887,593
2019 $20,862 $1,740,380 $870,190 $870,190
2018 $19,947 $1,706,256 $853,128 $853,128
2017 $19,898 $1,672,800 $836,400 $836,400
2016 $14,680 $1,198,344 $599,172 $599,172
2015 $14,236 $1,180,344 $590,172 $590,172
2014 $10,606 $860,000 $430,000 $430,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81580800

MLSListings

APN: 003-132-300