NOT LISTED FOR SALE

Estimated Value: $2,341,000 - $3,441,156

6 Beds
6 Baths
3,956 Sq Ft
$721/Sq Ft Est. Value

Sale Details

Date Sold: December 28, 2018

Last sale price $2,200,000 $556 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $17,042 / mo

9 Days on Market

Highlights

  • Traditional Architecture
  • 4 Car Attached Garage
  • Views
  • Brewer Island Elementary School Rated A
  • Double Pane Windows
  • 4-minute walk to Foster City Dog Park

About This Home

As of December 2018

Rare Duplex in the Heart of Foster City. 807 is leased and 809 is vacant. Well maintained over the years. Over 8000 sqft lot, Each unit is a mirror image 3 Bedrooms, 2.5 baths with two car attached garages. Each unit is almost 2000 sqft including garage! 809 has recently been painted, had laminate flooring, led lighting and faucets installed. All copper and cast plumbing. Forced Air heat in both units. Large laundry area, Ample closet spaces and HUGH rooms throughout. In the family since 1971! Each side has a tremendous yard with concrete patio and side yard areas. Landscaping is mature and mostly low water with timer. Very special offering with very little to compare to. All reports are in and ready to view. Tenant at 807 is the absolute finest and strongly wishes to stay. Call Nino for all details.

Last Agent to Sell the Property

Nino Perrone

Bay Area Estates License #00982216 Listed on: 11/17/2018

Last Buyer's Agent

Darren Vorrath

Intero Real Estate Services License #02020893

Intero Real Estate Services

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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Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 8,076 Sq Ft Lot
  • Fenced
  • Level Lot
  • Sprinklers on Timer
  • Grass Covered Lot
  • Back Yard

Parking

  • 4 Car Attached Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,956 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Property Views

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Outdoor Features

  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $48,000

Community Details

Overview

Building Details

  • 11 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $1,500
  • Maintenance Expense $2,000
  • Utility Expense $3,600
  • Operating Expense $10,564
  • Gross Income $48,000

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

8,076 Sq Ft Lot

Parking

4

Listing Details

  • Zoning: R10008
  • Subclass: Duplex
  • Style: Traditional
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3956
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Living Sq Ft: 3956
  • Stories: 2
  • Flooring: Carpet, Laminate, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Special
  • Yard/Grounds: Back Yard, Bbq Area, Fenced, Low Maintenance, Sprinklers - Auto
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

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

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1854
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8075.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8075.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 41.67
  • Number Of Leased: 11

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Expense Insurance: 1500
  • Expense Landscape: 1200
  • Expense Maintenance: 2000
  • Expenses Total: 10564
  • Expenses Utility: 3600
  • Income Annual Gross: 48000.00
  • Income Annual Rental: 48000
  • Income Gross Scheduled: 48000
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Depreciation, Maintenance, Services - Gardener, Utilities
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2018
Closed on
Dec 21, 2018
Sold by
Gnecco Alberto and Cuneo Alba
Bought by
Seller's Agent
Nino Perrone
Bay Area Estates
Buyer's Agent
Darren Vorrath
Intero Real Estate Services
List Price
$2,000,000
Sold Price
$2,200,000
Premium/Discount to List
$200,000
10%
Current Estimated Value
$2,663,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,642
Avg. Annual Appreciation
3.43%
Original Mortgage
$1,650,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 28, 2017
Sold by
Gnecco Alberto and Cuneo Alba
Bought by
Gnecco Alberto and Cuneo Alba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$954,225
Interest Rate
4.23%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Nov 26, 1997
Sold by
Gnecco Elisa M
Bought by
Gnecco Elisa M and 1997 Revocable Trust Of Elisa M Gnecco
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,200,000 First American Title Co
Gnecco Alberto -- First American Title Company
Gnecco Elisa M -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,000,000
Closed Ma Yongteng $1,637,000
Closed Ma Yongteng $1,650,000
Previous Owner Gnecco Alberto $954,225
Previous Owner Gnecco Elisa M $108,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $2,200,000 +10.0% $556 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
11/17/2018 11/17/18 For Sale $2,000,000 -- $506 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $28,148 $2,454,137 $1,628,656 $825,481
2023 $28,148 $2,358,842 $1,565,414 $793,428
2022 $27,219 $2,312,591 $1,534,720 $777,871
2021 $26,878 $2,267,247 $1,504,628 $762,619
2020 $26,137 $2,244,000 $1,489,200 $754,800
2019 $24,831 $2,200,000 $1,460,000 $740,000
2018 $2,196 $192,566 $32,464 $160,102
2017 $2,169 $188,791 $31,828 $156,963
2016 $2,321 $185,090 $31,204 $153,886
2015 $2,264 $182,311 $30,736 $151,575
2014 $2,205 $178,740 $30,134 $148,606
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81731530

MLSListings

APN: 094-090-200

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