NOT LISTED FOR SALE

Estimated Value: $1,463,000 - $2,609,765

4 Beds
4 Baths
2,122 Sq Ft
$911/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $1,575,000 $742 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $12,722/month

5 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • 1-Story Property
  • Borel Middle School Rated A-
  • Floor Furnace

About This Home

As of September 2018

Duplex on pretty street in a very convenient location. EZ access to 101. Close to wonderful, busy Downtown. This is a total "fixer-upper". Smaller unit faces Ninth Ave. It is one bedroom and one bathroom plus dining area and utility area. Generous size LR and BR. Hardwood floors in both units. Larger unit is 3BR/2.5 BA. Lots of closets. Liiving room and 2 bedrooms are quite large. House needs just about everything. Foundation seems fine.

Last Agent to Sell the Property

Pat Kalish

Compass License #00702818 Listed on: 08/29/2018

Compass

Last Buyer's Agent

Johnny Heckenberg

Heckenberg Realty License #01415801

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,179

Year Built

  • 1941

Lot Details

  • 7,048 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,122 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Utilities

  • Floor Furnace
  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $100

Community Details

Overview

Building Details

  • Gardener Expense $100
  • Insurance Expense $1,000
  • Maintenance Expense $500
  • Manager Expense $100
  • Other Expense $100
  • Utility Expense $200
  • Trash Expense $50
  • Operating Expense $2,050
  • Gross Income $99

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,179

Year Built

1941

Lot Details

0

Parking

2

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Age: 77
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2122
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1941

Interior Features

  • Living Sq Ft: 2122
  • Stories: 1
  • Flooring: Hardwood

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Floor Furnace, Gas
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Acres: 0.1618
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7050.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7050.00

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 14950.00

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1000
  • Expense Landscape: 100
  • Expense Maintenance: 500
  • Expense Management: 100
  • Expenses Other: 100
  • Expenses Total: 2050
  • Expenses Utility: 200
  • Expense Trash: 50
  • Income Annual Gross: 99.00
  • Income Annual Rental: 100
  • Income Gross Scheduled: 100
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax
  • Vacancy Factor: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2019
Sold by
What The Heck Properties Llc
Bought by
902 S Freemont Llc
Current Estimated Value
$1,934,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$865,333
Interest Rate
4.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 29, 2018
Closed on
Sep 7, 2018
Sold by
Hoskins Robert Macrae and Hoskins Owden Revocable Trust
Bought by
What The Heck Properties Llc
Seller's Agent
Pat Kalish
Compass
Buyer's Agent
Johnny Heckenberg
Heckenberg Realty
List Price
$1,495,000
Sold Price
$1,575,000
Premium/Discount to List
$80,000
5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.23%

Purchase Details

Closed on
Apr 25, 2018
Sold by
Hoskins Robert M and Owden Shirley Anne
Bought by
Hoskins Robert Macrae and Owden Shirley Anne

Purchase Details

Closed on
Sep 15, 2005
Sold by
Owden Dita and Owden Shirley Anne
Bought by
Owden Dita and Owden Shirley Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
5.81%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
902 S Freemont Llc -- Chicago Title
What The Heck Properties Llc $1,575,000 Fidelity National Title Co
Hoskins Robert Macrae -- None Available
Owden Dita -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 902 S Freemont Llc $1,168,750
Closed 902 S Freemont Llc $865,333
Previous Owner Owden Dita $435,000
Previous Owner Owden Dita $191,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2018 09/14/18 Sold $1,575,000 +5.4% $742 / Sq Ft
09/04/2018 09/04/18 Pending -- -- --
08/29/2018 08/29/18 For Sale $1,495,000 -- $705 / 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 $27,179 $1,825,130 $1,673,277 $151,853
2023 $27,179 $1,754,260 $1,608,302 $145,958
2022 $24,570 $1,719,864 $1,576,767 $143,097
2021 $20,957 $1,623,142 $1,545,850 $77,292
2020 $20,292 $1,606,500 $1,530,000 $76,500
2019 $19,208 $1,575,000 $1,500,000 $75,000
2018 $4,820 $286,974 $86,081 $200,893
2017 $4,044 $281,348 $84,394 $196,954
2016 $4,057 $275,833 $82,740 $193,093
2015 $3,845 $271,691 $81,498 $190,193
2014 $3,920 $266,370 $79,902 $186,468
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81721020

MLSListings

APN: 033-314-050