NOT LISTED FOR SALE

Estimated Value: $1,160,000 - $1,517,000

4 Beds
2 Baths
1,974 Sq Ft
$717/Sq Ft Est. Value

Last Sold March 06, 2015

Last sale price $830,000 $420 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $8,762/month

11 Days on Market

Highlights

  • Wood Flooring
  • Washer and Dryer
  • 4-minute walk to Forest Lane Park
  • Capuchino High School Rated A-

About This Home

As of March 2015

Great investment opportunity! Both units are occupied with BMR. Long term tenants. In 2008 bottom unit completely remodeled with hardwood floors, new electrical, new plumbing, new HVAC, & new appliances. All work permitted. Both units have their own washer/dryer and there is a shared backyard. Walking distance to CalTrain, Bart, Downtown San Bruno, Tanforan Shopping Center and much more!

Last Agent to Sell the Property

Andrew Peceimer

Coldwell Banker Commercial License #00993289 Listed on: 02/18/2015

Coldwell Banker Commercial

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,802

Year Built

  • 1962

Lot Details

  • 2,483 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,974 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Flooring

  • Wood
  • Carpet

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $3,400

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gross Income $3,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,802

Year Built

1962

Lot Details

0

Parking

2

Listing Details

  • Zoning: RM00R3
  • Subclass: Duplex
  • Age: 53
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 1974
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Tar And Gravel

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Drainage - Other

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Acres: 0.0570
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2475.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2475.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 234.71
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Income Annual Gross: 3400.00
  • Income Annual Rental: 3400
  • Income Gross Scheduled: 3400
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Heating, Utilities - Hot Water, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2015
Closed on
Mar 4, 2015
Sold by
Penna Frances M
Bought by
Tran Amy M
Seller's Agent
Andrew Peceimer
Coldwell Banker Commercial
Buyer's Agent
RECIP
Out of Area Office
List Price
$798,000
Sold Price
$830,000
Premium/Discount to List
$32,000
4.01%
Current Estimated Value
$1,415,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$585,118
Avg. Annual Appreciation
5.22%

Purchase Details

Closed on
Dec 30, 2003
Sold by
Mcgovern Gwendolene E
Bought by
Mcgovern Gwendolene E
Source: Public Records

Range of Values:

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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
Tran Amy M $830,000 Fidelity National Title Co
Mcgovern Gwendolene E -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2015 03/06/15 Sold $830,000 +4.0% $420 / Sq Ft
03/01/2015 03/01/15 Pending -- -- --
02/18/2015 02/18/15 For Sale $798,000 -- $404 / 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 $12,802 $997,522 $498,761 $498,761
2023 $12,802 $958,790 $479,395 $479,395
2022 $10,443 $939,992 $469,996 $469,996
2021 $10,310 $921,562 $460,781 $460,781
2020 $10,213 $912,114 $456,057 $456,057
2019 $10,046 $894,230 $447,115 $447,115
2018 $9,546 $876,698 $438,349 $438,349
2017 $9,445 $859,508 $429,754 $429,754
2016 $9,257 $842,656 $421,328 $421,328
2015 $1,022 $87,676 $20,374 $67,302
2014 $1,008 $85,959 $19,975 $65,984
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81451294

MLSListings

APN: 020-101-320