NOT LISTED FOR SALE

Estimated Value: $1,664,000 - $2,123,037

5 Beds
4 Baths
2,500 Sq Ft
$727/Sq Ft Est. Value

Last Sold July 08, 2021

Last sale price $1,500,000 $600 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $11,346/month

29 Days on Market

Highlights

  • Balcony
  • Laundry Room
  • Guest Parking
  • Sequoia High School Rated A
  • Tile Flooring
  • Fenced

About This Home

As of July 2021

Amazing investment property with potential to expand! charming duplex 3/2 with 2-car garage and 2/2 with 1-car garage, Lot size 7092 sqft. Approx. Private laundry. Downstair Unit - offers 2 sizeable bedrooms, 2 full baths/1 car garage, oversized living room, family kitchen with refrigerator, dining L area. This unit has full access to big back yard. Upstairs Unit - offers 3 sizeable bedrooms, 2 full bath, 2-car garage, kitchen, refrigerator, living room with big windows, and access to a big roof terrace. In addition, each unit features an individual electric and gas meter. Massive front yard, plenty of parking and fenced yard to entertain. Centrally located near parks, public transportation, Caltrain, shopping, Sequoia high school, restaurants, vibrant downtown. Both units are currently vacant. Buyer to verify Sq. Ft. & max rent increase. Must see to appreciate!!. Excellent potential for a First Home Buyer or Investors!! don't let it pass by!!!.

Last Agent to Sell the Property

Miriam Porras

Coldwell Banker Realty License #02002039 Listed on: 04/27/2021

Coldwell Banker Realty

Co-Listed By

Amelia Middel

Coldwell Banker Realty License #01103989

Last Buyer's Agent

Hugo De Hoyos

Intero Real Estate Services License #01153534

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,349

Year Built

  • 1950

Lot Details

  • 7,092 Sq Ft Lot
  • Fenced
  • Level Lot
  • Back Yard

Parking

  • 3 Car Garage
  • Guest Parking

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Flooring

  • Laminate
  • Tile

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Additional Features

  • Balcony
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $84,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,600
  • Maintenance Expense $1,000
  • Operating Expense $13,022
  • Gross Income $84,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,349

Year Built

1950

Lot Details

0

Parking

3

Listing Details

  • Zoning: RM0000
  • Subclass: Duplex
  • Style: Unknown
  • Age: 71
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2500
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Kitchen: Hookups - Gas, Oven Range, Refrigerator
  • Living Sq Ft: 2500
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Laminate, Tile
  • Additional Rooms: Laundry Room, Storage

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 6
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

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

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1628
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7092.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7092.00

Rental Info

  • Gross Rent Multiplier: 19.82
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1600
  • Expense Maintenance: 1000
  • Expenses Total: 13022
  • Income Annual Gross: 84000.00
  • Income Annual Rental: 84000
  • Income Gross Scheduled: 84000
  • Meters: Master Gas, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Tenant Expenses: Maintenance - Exterior, Services - Gardener/Landscaping, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
Jun 28, 2021
Sold by
Gladys Penrose Ruby and Penrose Ruby Guillen
Bought by
Arguello Minerva Pulido
Seller's Agent
Miriam Porras
Coldwell Banker Realty
Buyer's Agent
Hugo De Hoyos
Intero Real Estate Services
List Price
$1,665,000
Sold Price
$1,500,000
Premium/Discount to List
-$165,000
-9.91%
Current Estimated Value
$1,817,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,009
Avg. Annual Appreciation
4.78%
Original Mortgage
$1,050,000
Outstanding Balance
$956,833
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$861,239

Purchase Details

Closed on
May 9, 2008
Sold by
Guillen Maria
Bought by
Guillen Guillen Maria Maria and Guillen Penrose Ruby

Purchase Details

Closed on
Feb 21, 2007
Sold by
Penrose Ruby Guillen
Bought by
Guillen Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.87%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 2, 2004
Sold by
Guillen Maria
Bought by
Guillen Guillen Maria Maria and Guillen Penrose Ruby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
4.97%
Mortgage Type
Purchase Money Mortgage
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
Arguello Minerva Pulido $1,500,000 North American Title
Guillen Guillen Maria Maria -- None Available
Guillen Maria -- First American Title Company
Guillen Guillen Maria Maria -- --
Exemption Burden Frances Joyce -- Fidelity National Title Co
Guillen Maria $745,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arguello Minerva Pulido $1,050,000
Previous Owner Guillen Maria $440,000
Previous Owner Guillen Maria $395,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2021 07/08/21 Sold $1,500,000 -9.9% $600 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $1,665,000 -- $666 / 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 $17,349 $1,591,811 $1,395,488 $196,323
2023 $17,349 $1,530,000 $1,341,300 $188,700
2022 $16,282 $1,500,000 $1,315,000 $185,000
2021 $10,563 $959,368 $479,684 $479,684
2020 $10,422 $949,532 $474,766 $474,766
2019 $10,383 $930,914 $465,457 $465,457
2018 $10,113 $912,662 $456,331 $456,331
2017 $10,004 $894,768 $447,384 $447,384
2016 $9,838 $877,224 $438,612 $438,612
2015 $9,471 $864,048 $432,024 $432,024
2014 $9,290 $847,124 $423,562 $423,562
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81841071

MLSListings

APN: 053-083-210