NOT LISTED FOR SALE

7 N Eldorado St San Mateo, CA 94401

North Central Neighborhood

Estimated Value: $1,579,000 - $2,096,000

5 Beds
3 Baths
2,250 Sq Ft
$843/Sq Ft Est. Value

Last Sold March 27, 2017

Last sale price $1,200,000 $533 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $11,569/month

145 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • 5-minute walk to Martin Luther King Community Park
  • San Mateo High School Rated A+
  • 1-Story Property

About This Home

As of March 2017

Beautiful duplex located in the Heart of San Mateo. Close to freeways and downtown. It is great investment opportunity or live in one and rent one.

Last Agent to Sell the Property

Ricardo Archila

Access Real Estate Services License #01480350 Listed on: 08/02/2016

Last Buyer's Agent

Lizette D'Almeida

Loh Realty & Investments License #01042163

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 6,011

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,250 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Carpet

Additional Features

  • 6,011 Sq Ft Lot
  • Community Sewer or Septic

Listing and Financial Details

  • Total Actual Rent $58,200

Community Details

Overview

Building Details

  • 2 Leased Units
  • Operating Expense $7,500
  • Gross Income $52,380

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

0

Parking

2

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2250
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Living Sq Ft: 2250
  • Stories: 1
  • Flooring: Carpet, Hardwood

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Sewer/Septic System: Community Sewer / Septic

Lot Info

  • Lot Acres: 0.1380
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5998.21
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5998.21

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 22.32
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expenses Total: 7500
  • Income Annual Gross: 52380.00
  • Income Annual Rental: 58200
  • Income Gross Scheduled: 58200
  • Income Includes: Rents
  • Meters: Separate Other
  • Number Of Buildings: 1
  • Tenant Expenses: Utilities - Electric
  • Vacancy Factor: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2021
Sold by
Leung John Kim Fai and Brown Leung Carolyn
Bought by
Leung Paul Ching Por and Leung Susana
Current Estimated Value
$1,896,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,755
Outstanding Balance
$724,941
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$1,171,269

Purchase Details

Listed on
Aug 2, 2016
Closed on
Mar 17, 2017
Sold by
Johan Hari R and Johan Trust
Bought by
Leung John Kim Fai and Brown Leung Carolyn Ann
Seller's Agent
Ricardo Archila
Access Real Estate Services
Buyer's Agent
Lizette D'Almeida
Loh Realty & Investments
List Price
$1,299,000
Sold Price
$1,200,000
Premium/Discount to List
-$99,000
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$840,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2002
Sold by
Johan Ajendra R
Bought by
Johan Hari R and Johan Gyan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.05%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 27, 1998
Sold by
Johan Hari R and Johan Gyan K
Bought by
Johan Hari R and Johan Gyan K

Purchase Details

Closed on
Dec 11, 1996
Sold by
Kirk O D C O and Kirk Otis D
Bought by
Joha Alejandra R and Joha Johan Hari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
4.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Leung Paul Ching Por -- Fidelity National Title Co
Leung John Kim Fai $1,200,000 Lawyers Title Company
Johan Hari R -- Fidelity National Title
Johan Hari R -- --
Joha Alejandra R $243,636 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leung Paul Ching Por $805,755
Closed Leung John Kim Fai $840,000
Previous Owner Johan Hari R $290,000
Previous Owner Joha Alejandra R $194,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2017 03/27/17 Sold $1,200,000 -7.6% $533 / Sq Ft
12/26/2016 12/26/16 Pending -- -- --
08/02/2016 08/02/16 For Sale $1,299,000 -- $577 / 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 $19,956 $1,395,651 $930,004 $465,647
2023 $19,956 $1,341,460 $893,892 $447,568
2022 $18,940 $1,315,158 $876,365 $438,793
2021 $18,481 $1,286,641 $857,761 $428,880
2020 $17,233 $1,273,449 $848,966 $424,483
2019 $16,635 $1,248,480 $832,320 $416,160
2018 $15,407 $1,224,000 $816,000 $408,000
2017 $6,076 $340,995 $102,434 $238,561
2016 $6,140 $334,310 $100,426 $233,884
2015 $5,868 $329,289 $98,918 $230,371
2014 $5,617 $322,840 $96,981 $225,859
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Ricardo Archila

    Access Real Estate Services

    Section Image

  • L

    Buyer's Agent in 2017

    Lizette D'Almeida

    Loh Realty & Investments

    Section Image
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Map

Source: MLSListings

MLS Number: ML81598076

MLSListings

APN: 032-334-080

California San Mateo County San Mateo 94401 North Central

7 N Eldorado St, San Mateo, CA

Not Listed for Sale

MultiFamily

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