NOT LISTED FOR SALE

713 S Eldorado St San Mateo, CA 94402

Downtown San Mateo Neighborhood

Estimated Value: $1,780,000 - $2,467,397

6 Beds
4 Baths
3,500 Sq Ft
$636/Sq Ft Est. Value

Last Sold December 06, 2016

Last sale price $1,535,000 $439 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $13,672/month

11 Days on Market

Highlights

  • Enclosed Parking
  • Forced Air Heating System
  • Washer and Dryer
  • Borel Middle School Rated A-

About This Home

As of December 2016

Wonderful Investment opportunity for the Owner/Investor. Live in one unit & rent out the other. Front unit: 3-BEDS, 2-Remodeled BATHs . Large living room w/ fireplace. Spacious eat in kitchen. Separate indoor laundry room. Rear unit: 3-BEDS, 2-BATHS. Living room/dining room combo with fireplace. Open kitchen with breakfast bar. 2-Car and 1-Car Garage. Low maintenance yard. Convenient location, walking distance to downtown San Mateo and Cal-train. Enjoy the many dining, shopping and entertainment options. Minutes from San Francisco, East Bay and Silicon Valley. Open Sat & Sun, 29th-30th, rear unit Sunday only

Last Agent to Sell the Property

Jaime Gonzalez

Gonzalez Properties License #01126649 Listed on: 10/21/2016

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Multi-Family

Year Built

  • 1922

Lot Details

  • 6,098

Parking

  • 3 Car Garage
  • Enclosed Parking

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Dishwasher
  • Disposal

Additional Features

  • 6,098 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $34,800

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $1,200
  • Insurance Expense $2,000
  • Maintenance Expense $1,000
  • Utility Expense $1,200
  • Trash Expense $720
  • Operating Expense $21,515
  • Gross Income $34,800

Property Details

Home Type

Multi-Family

Year Built

1922

Lot Details

0

Parking

3

Listing Details

  • Zoning: RM0000
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3500
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1922

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 3500
  • Stories: 2
  • Laundry: Washer / Dryer

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Enclosed

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.1400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6080.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6080.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 42.18
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2000
  • Expense Landscape: 1200
  • Expense Maintenance: 1000
  • Expenses Total: 21515
  • Expenses Utility: 1200
  • Expense Trash: 720
  • Income Annual Gross: 34800.00
  • Income Annual Rental: 34800
  • Income Gross Scheduled: 34800
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Gardener, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2016
Closed on
Nov 29, 2016
Sold by
Working Dirt R2 Llc
Bought by
Raposo Carlos and Raposo Angelica
Seller's Agent
Jaime Gonzalez
Gonzalez Properties
Buyer's Agent
RECIP
Out of Area Office
List Price
$1,468,000
Sold Price
$1,535,000
Premium/Discount to List
$67,000
4.56%
Current Estimated Value
$2,227,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$692,099
Avg. Annual Appreciation
4.18%
Original Mortgage
$1,000,000
Outstanding Balance
$807,482
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$1,419,617

Purchase Details

Closed on
Sep 8, 2015
Sold by
Mandanis Marjorie G and Marjorie G Mandanis Living Tru
Bought by
Working Dirt R2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2005
Sold by
Mandanis Marjorie
Bought by
Mandanis Marjorie G and Marjorie G Mandanis Living Tru

Purchase Details

Closed on
Dec 8, 1998
Sold by
Erler Yasar and Erler Bahar
Bought by
Mandanis Marjorie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,000
Interest Rate
4.35%
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
Raposo Carlos $1,535,000 North American Title Co Inc
Working Dirt R2 Llc $1,100,000 North American Title Company
Mandanis Marjorie G -- None Available
Mandanis Marjorie $530,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raposo Carlos $1,000,000
Previous Owner Working Dirt R2 Llc $850,000
Previous Owner Mandanis Marjorie $371,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2016 12/06/16 Sold $1,535,000 +4.6% $439 / Sq Ft
11/02/2016 11/02/16 Pending -- -- --
10/21/2016 10/21/16 For Sale $1,468,000 -- $419 / 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 $24,326 $1,781,494 $1,160,584 $620,910
2023 $24,326 $1,712,318 $1,115,518 $596,800
2022 $23,607 $1,678,745 $1,093,646 $585,099
2021 $22,591 $1,645,829 $1,072,202 $573,627
2020 $21,456 $1,628,954 $1,061,208 $567,746
2019 $20,671 $1,597,014 $1,040,400 $556,614
2018 $19,900 $1,565,700 $1,020,000 $545,700
2017 $18,837 $1,535,000 $1,000,000 $535,000
2016 $15,395 $1,240,000 $620,000 $620,000
2015 $9,096 $691,336 $345,668 $345,668
2014 $9,048 $677,794 $338,897 $338,897
Source: Public Records

Agents Affiliated with this Home

  • Jaime Gonzalez

    Seller's Agent in 2016

    Jaime Gonzalez

    RE/MAX

    (650) 779-7307

    54 Total Sales

    Jaime Gonzalez
    Section Image

  • R

    Buyer's Agent in 2016

    RECIP

    Out of Area Office

See All Agents

Map

Source: MLSListings

MLS Number: ML81629295

MLSListings

APN: 033-292-260

California San Mateo County San Mateo 94402 Downtown San Mateo

713 S Eldorado St, San Mateo, CA

Not Listed for Sale

MultiFamily

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