NOT LISTED FOR SALE

Estimated Value: $1,172,000 - $2,231,430

4 Beds
2 Baths
1,600 Sq Ft
$949/Sq Ft Est. Value

Sale Details

Date Sold: August 11, 2021

Last sale price $1,300,000 $812 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $9,970 / mo

83 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Fireplace
  • Ralston Intermediate School Rated A
  • 2 Car Detached Garage

About This Home

As of August 2021

Great investment opportunity for charming duplex situated on the border of San Mateo and Belmont. Both units currently rented. Top unit with updated bathroom and kitchen. Detached garage and large driveway behind duplex. In unit fire places. Please call for more details.

Last Agent to Sell the Property

Mark Scafine

The Scafine Group License #01002576 Listed on: 03/05/2021

Co-Listed By

Devyn Jackson

The Scafine Group License #02052124

Last Buyer's Agent

Devyn Jackson

The Scafine Group License #02052124

Property Details

Home Type

  • Multi-Family

Year Built

  • 1934

Lot Details

  • 5,502

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Fireplace

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Additional Features

  • 5,502 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $57,024

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $200
  • Insurance Expense $1,087
  • Maintenance Expense $1,030
  • Manager Expense $2,167
  • Operating Expense $8,406
  • Gross Income $55,313

Property Details

Home Type

Multi-Family

Year Built

1934

Lot Details

5,502 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R10006
  • Subclass: Duplex
  • Style: Traditional
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1600
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1934

Interior Features

  • Kitchen: Cooktop - Gas, Dishwasher, Oven - Gas, Refrigerator
  • Living Sq Ft: 1600
  • Stories: 2
  • Flooring: Carpet, Hardwood, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage, Off-Street Parking

Utilities

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

Lot Info

  • Lot Acres: 0.1263
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5500.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 26.22
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1087
  • Expense Landscape: 200
  • Expense Maintenance: 1030
  • Expense Management: 2167
  • Expenses Total: 8406
  • Income Annual Gross: 55313.00
  • Income Annual Rental: 57024
  • Income Gross Scheduled: 57024
  • Income Includes: Rents
  • Meters: Master Gas, Master Water, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Maintenance - Repair, Utilities - Gas, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Rent Only, Services - Trash Removal, Utilities - Electric
  • Vacancy Factor: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Jul 18, 2021
Sold by
Koliopoulos Kathy B and Belesis Peter J
Bought by
Chen Emily S
Seller's Agent
Mark Scafine
The Scafine Group
Buyer's Agent
Devyn Jackson
The Scafine Group
List Price
$1,495,000
Sold Price
$1,300,000
Premium/Discount to List
-$195,000
-13.04%
Current Estimated Value
$1,599,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,633
Avg. Annual Appreciation
3.28%
Original Mortgage
$845,000
Outstanding Balance
$751,575
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$766,783

Purchase Details

Closed on
Aug 20, 2019
Sold by
Koliopoulos Kathy B and Prontzos Maria Belesis
Bought by
Koliopoulos Kathy B and Prontzos Maria Belesis

Purchase Details

Closed on
Jul 26, 2013
Sold by
Belesis Angela
Bought by
Belesis Angie

Purchase Details

Closed on
Aug 3, 2009
Sold by
Belesis Tony and Belesis Anthony
Bought by
Belesis Tony

Purchase Details

Closed on
Apr 25, 2006
Sold by
Belesis Angela
Bought by
Belesis Angela

Purchase Details

Closed on
Jan 16, 2004
Sold by
Belesis Anthony
Bought by
Belesis Angela
Source: Public Records

Range of Values:

--
Value Increase
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Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
Chen Emily S $1,300,000 First American Title Company
Koliopoulos Kathy B -- None Available
Belesis Angie -- None Available
Belesis Tony -- None Available
Belesis Angela -- None Available
Belesis Angela -- --
Belesis Angela -- --
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 Chen Emily S $845,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2021 08/11/21 Sold $1,300,000 -13.0% $813 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $1,495,000 -- $934 / 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 $17,770 $1,379,570 $1,220,389 $159,181
2023 $17,770 $1,326,000 $1,173,000 $153,000
2022 $16,319 $1,300,000 $1,150,000 $150,000
2021 $3,954 $164,071 $114,861 $49,210
2020 $3,923 $162,390 $113,684 $48,706
2019 $3,825 $159,206 $111,455 $47,751
2018 $3,691 $156,085 $109,270 $46,815
2017 $3,464 $153,026 $107,128 $45,898
2016 $3,381 $150,027 $105,028 $44,999
2015 $4,014 $147,775 $103,451 $44,324
2014 $2,702 $144,881 $101,425 $43,456
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81832794

MLSListings

APN: 044-151-020

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