NOT LISTED FOR SALE

733 Prospect Row San Mateo, CA 94401

North Central Neighborhood

Estimated Value: $1,632,000 - $2,328,857

3 Beds
2 Baths
1,540 Sq Ft
$1,239/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $1,600,000 $1,039 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $11,735/month

51 Days on Market

Highlights

  • Wood Flooring
  • Tudor Architecture
  • Laundry Room
  • Borel Middle School Rated A-
  • 2 Car Detached Garage
  • Storage Room

About This Home

As of December 2020

Many possibilities in this most desirable location, including an R3 zoning.Walking distance to downtown Burlingame. Excellent Schools and easy access to all transportation. This home's present use is a duplex. Front unit is single level with two beds 1 bath with newer updates in kitchen & bath.Large living room featuring original fireplace and wood paneling. Back unit 1 bed/1bah. Bedroom is on the 2nd level. Also has extra closet space. Very accessible to the private large backyard. Oversize two-car garage that includes the washer/dryer access.and also provides extra storage space. This is a trustee sale and the listing agent is the trustee

Last Agent to Sell the Property

Elaine Motekaitis

Coldwell Banker Realty License #00903112 Listed on: 10/26/2020

Coldwell Banker Realty

Last Buyer's Agent

Wayne Gomes

Coldwell Banker Realty License #00673914

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1931

Lot Details

  • 5,902 Sq Ft Lot
  • Fenced
  • Mostly Level
  • Grass Covered Lot
  • Back Yard

Parking

  • 2 Car Detached Garage
  • Workshop in Garage
  • Guest Parking
  • On-Street Parking

Home Design

  • Duplex
  • Tudor Architecture
  • Rolled or Hot Mop Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,540 Sq Ft Home
  • Storage Room
  • Gas Cooktop

Flooring

  • Wood
  • Tile
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $55,080

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $624
  • Insurance Expense $2,843
  • Maintenance Expense $800
  • Operating Expense $4,267
  • Gross Income $55,080

Property Details

Home Type

Multi-Family

Year Built

1931

Lot Details

5,902 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: RM0000
  • Subclass: Duplex
  • Style: Tudor
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1540
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1931

Interior Features

  • Kitchen: Cooktop - Gas
  • Living Sq Ft: 1540
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Laundry Room, Storage

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Rolled Composition
  • Yard/Grounds: Back Yard, Fenced, Low Maintenance

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage, Guest / Visitor Parking, On Street, Workshop In Garage

Utilities

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

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 0.1355
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5902.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5902.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 29.96
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2843
  • Expense Landscape: 624
  • Expense Maintenance: 800
  • Expenses Total: 4267
  • Income Annual Gross: 55080.00
  • Income Annual Rental: 55080
  • Income Gross Scheduled: 55080
  • Meters: Separate Other
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Hot Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2020
Closed on
Dec 22, 2020
Sold by
Motekaitis Elaine C
Bought by
Tan Andy N and Tan Patricia J
Seller's Agent
Elaine Motekaitis
Coldwell Banker Realty
Buyer's Agent
Wayne Gomes
Coldwell Banker Realty
List Price
$1,780,000
Sold Price
$1,600,000
Premium/Discount to List
-$180,000
-10.11%
Current Estimated Value
$1,908,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,214
Avg. Annual Appreciation
3.45%

Purchase Details

Closed on
Feb 22, 2007
Sold by
Semkoff Arthur
Bought by
Semkoff Arthur Antoni

Purchase Details

Closed on
Dec 9, 1997
Sold by
Parenti Alice Revocable Living Tr 1994 and Shanna
Bought by
Semkoff Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,000
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 1994
Sold by
Parenti Alice
Bought by
Parenti Alice
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
Tan Andy N $1,600,000 Chicago Title Company
Semkoff Arthur Antoni -- None Available
Semkoff Arthur $372,500 Chicago Title Insurance Co
Parenti Alice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Semkoff Arthur $298,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2020 12/28/20 Sold $1,600,000 -3.0% $1,039 / Sq Ft
12/17/2020 12/17/20 Pending -- -- --
11/15/2020 11/15/20 Price Changed $1,650,000 -7.3% $1,071 / Sq Ft
10/26/2020 10/26/20 For Sale $1,780,000 -- $1,156 / 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 $22,967 $2,086,639 $1,212,323 $874,316
2023 $22,967 $1,664,640 $1,165,248 $499,392
2022 $22,310 $1,632,000 $1,142,400 $489,600
2021 $20,717 $1,600,000 $1,120,000 $480,000
2020 $8,311 $543,848 $271,924 $271,924
2019 $7,995 $533,186 $266,593 $266,593
2018 $7,355 $522,732 $261,366 $261,366
2017 $6,536 $512,484 $256,242 $256,242
2016 $6,563 $502,436 $251,218 $251,218
2015 $6,194 $494,890 $247,445 $247,445
2014 $6,406 $485,196 $242,598 $242,598
Source: Public Records

Agents Affiliated with this Home

  • Elaine Motekaitis

    Seller's Agent in 2020

    Elaine Motekaitis

    Coldwell Banker Realty

    (408) 930-3288

    13 Total Sales

    Elaine Motekaitis
    Section Image
  • Wayne Gomes

    Buyer's Agent in 2020

    Wayne Gomes

    Coldwell Banker Realty

    (650) 558-4318

    1 in this area

    24 Total Sales

    Wayne Gomes
    Section Image
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Map

Source: MLSListings

MLS Number: ML81817402

MLSListings

APN: 032-112-050

California San Mateo County San Mateo 94401 North Central

733 Prospect Row, San Mateo, CA

Not Listed for Sale

MultiFamily

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