Jessie Myers
Coldwell Banker Realty
(650) 675-2680
23 Total Sales
1 in Downtown San Mateo
$1,230,000 Price
849 9th Ave San Mateo, CA 94402
Downtown San Mateo NeighborhoodEstimated Value: $2,150,000 - $2,567,020
12
Beds
8
Baths
5,083
Sq Ft
$472/Sq Ft
Est. Value
Highlights
- 4 Car Garage
- Storage Room
- Forced Air Heating System
- Borel Middle School Rated A-
About This Home
As of June 2024849 9th Avenue presents an excellent opportunity to purchase a quadruplex in the heart of San Mateo. The property consists of four large townhome-style residential units, each with two levels, a private one-car garage and storage. Two of the units feature direct access to parking. The central location of the property provides tenants with easy access to the best San Mateo has to offer, including downtown dining, shopping, and entertainment. Also nearby is Central Park, with a host of recreational options. The property location provides convenient commuter access to Caltrain, 101, 92 and 280. The property presents tremendous value and upside.
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Property Details
Home Type
- Multi-Family
Year Built
- 1964
Lot Details
- 6,399 Sq Ft Lot
Parking
- 4 Car Garage
Home Design
- Quadruplex
- Wood Frame Construction
- Tar and Gravel Roof
- Concrete Perimeter Foundation
Interior Spaces
- 5,083 Sq Ft Home
- 2-Story Property
- Storage Room
- Washer and Dryer Hookup
Kitchen
- Oven or Range
- Dishwasher
Utilities
- Forced Air Heating System
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $150,540
Community Details
Overview
Building Details
- 4 Leased Units
- Gardener Expense $5,000
- Insurance Expense $2,984
- Maintenance Expense $4,000
- Other Expense $4,130
- Utility Expense $11,012
- Trash Expense $3,718
- Operating Expense $59,008
- Gross Income $150,540
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
May 2, 2024
Closed on
Jun 10, 2024
Sold by
Best Ilissa S and Lev Family Trust
Bought by
Seller's Agent
Mark Campana
Anchor Realty
Buyer's Agent
Peggy Wang
Block Change Real Estate
List Price
$2,495,000
Sold Price
$2,388,000
Premium/Discount to List
-$107,000
-4.29%
Views
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,255
Avg. Annual Appreciation
0.21%
Original Mortgage
$600,000
Outstanding Balance
$587,882
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$1,811,373
Purchase Details
Closed on
Dec 20, 2002
Sold by
Lev Phillip M
Bought by
Lev Phillip M and The Lev Family Trust
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown San Mateo, CA
-
Jessie Myers
-
Claire Haggarty
Claire Haggarty
N B T Realty Service
(650) 977-2596
15 Total Sales
1 in Downtown San Mateo
$1,525,000 Price
-
Cheryl Bower
Cheryl Bower
Compass
(650) 540-3901
56 Total Sales
1 in Downtown San Mateo
$1,155,000 Price
-
Jay Grewal
Jay Grewal
Doorlight Inc
(844) 910-0103
85 Total Sales
1 in Downtown San Mateo
$1,575,000 Price
-
Jason Born
Jason Born
Born Real Estate, Inc.
(650) 539-6978
19 Total Sales
1 in Downtown San Mateo
$1,690,000 Price
-
Julie Flouty
Julie Flouty
Compass
(650) 753-0031
194 Total Sales
1 in Downtown San Mateo
$2,025,000 Price
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 |
|---|---|---|---|
| $2,388,000 | Wfg National Title Insurance C | ||
| Lev Phillip 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 | $600,000 |
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 |
|---|---|---|---|---|
| 06/18/2024 06/18/24 | Sold | $2,388,000 | -4.3% | $470 / Sq Ft |
| 05/10/2024 05/10/24 | Pending | -- | -- | -- |
| 05/02/2024 05/02/24 | For Sale | $2,495,000 | -- | $491 / 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 | $15,621 | $2,435,760 | $1,458,600 | $977,160 |
| 2023 | $15,621 | $413,608 | $82,703 | $330,905 |
| 2022 | $13,263 | $405,499 | $81,082 | $324,417 |
| 2021 | $15,822 | $397,549 | $79,493 | $318,056 |
| 2020 | $13,927 | $393,473 | $78,678 | $314,795 |
| 2019 | $12,183 | $385,759 | $77,136 | $308,623 |
| 2018 | $10,649 | $378,196 | $75,624 | $302,572 |
| 2017 | $10,815 | $370,782 | $74,142 | $296,640 |
| 2016 | $12,704 | $363,513 | $72,689 | $290,824 |
| 2015 | $12,765 | $358,054 | $71,598 | $286,456 |
| 2014 | $10,395 | $351,041 | $70,196 | $280,845 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Campana
Seller's Agent in 2024
Mark Campana
Anchor Realty
(415) 205-4370
1 in this area
32 Total Sales
-
Peggy Wang
Buyer's Agent in 2024
Peggy Wang
Block Change Real Estate
(408) 850-6900
1 in this area
47 Total Sales
-
Ngan Nguyen
Buyer Co-Listing Agent in 2024
Ngan Nguyen
Block Change Real Estate
(408) 886-0677
1 in this area
46 Total Sales
Map
Source: MLSListings
MLS Number: ML81963996
APN: 033-294-120
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