$1,680,000
SOLD APR 5, 2019
4 Beds
2 Baths
1,330 Sq Ft
5,401 Sq Ft Lot

Recently Sold

$1,263 Per Sq Ft

24% Below List Price

156 Days on Market

Highlights

  • Breakfast Area or Nook
  • Forced Air Heating System
  • 1-Story Property
  • Brittan Acres Elementary School Rated A
  • Carpet

About This Home

As of April 2019

This Legal 4 Bedroom 2 bathroom Starter Home Located on Laurel, Pre-Application filed with the city of San Carlos for an incredible new project which will include two commercial units, two condominiums, all with underground parking. Mixed used property in the heart of trendy and growing San Carlos. The mid-peninsula is starved for good, well located projects, this is a tremendous opportunity for a developer/builder or anyone eager to live in San Carlos. How often can you find opportunities like this in our fantastic real estate market! These condominiums will be in high demand because of the close proximity to everything we love about the Laurel Street Shopping and Restaurants. Close proximity to Cal-Train and Highways. Please verify all information with the Assessors office in Redwood City.

Last Agent to Sell the Property

Mariaelena Diaz

Golden Gate Sotheby's International Realty License #02034560 Listed on: 10/25/2018

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Yifang Yang

Coldwell Banker Realty License #01371905

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,589

Year Built

  • Built in 1940

Lot Details

  • 5,401 Sq Ft Lot
  • Zoning described as XX00PR

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 1,330 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Breakfast Area or Nook
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 051-357-170

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,589

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 79
  • Listing Class: Residential
  • Structure Sq Ft: 1330
  • Year Built: 1940
  • Zoning Description: XX00PR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Nook
  • Living Sq Ft: 1330
  • Stories: 1
  • Laundry: Inside
  • Flooring: Carpet
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 051-357-170
  • Lot Acres: 0.1240
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5400.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2018
Closed on
Apr 4, 2019
Sold by
Prescott Development Llc
Bought by
Zhu Yanhua and Majestic Trust
Seller's Agent
Mariaelena Diaz
Golden Gate Sotheby's International Realty
Buyer's Agent
Yifang Yang
Coldwell Banker Realty
List Price
$2,225,000
Sold Price
$1,680,000
Premium/Discount to List
-$545,000
-24.49%
Current Estimated Value
$2,251,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$571,482
Avg. Annual Appreciation
4.76%
Original Mortgage
$1,008,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 3, 2017
Closed on
May 18, 2017
Sold by
926 Laurel Street Llc
Bought by
Prescott Development Llc
Seller's Agent
Chuck Gillooley
Christie's International Real Estate Sereno
Buyer's Agent
Rachel DiNapoli
Christie's International Real Estate Sereno
List Price
$1,198,000
Sold Price
$1,425,000
Premium/Discount to List
$227,000
18.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.31%

Purchase Details

Closed on
Sep 28, 2015
Sold by
Pye Margaret F and Pye Alan F
Bought by
926 Laurel Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.86%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 26, 1998
Sold by
Pye Margaret F and Fein Margaret B
Bought by
Pye Alan F and Pye Margaret F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.06%

Purchase Details

Closed on
Jan 2, 1996
Sold by
Fein William E and Fein Margaret B
Bought by
Fein William E and Fein Margaret B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.36%

Purchase Details

Closed on
May 31, 1994
Sold by
Hooks Beverly Morra
Bought by
Mcglamery Margaret B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.5%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,680,000 Lawyers Title Company
Grant Deed $1,425,000 North American Title Co Inc
Grant Deed $1,050,000 Fidelity National Title Co
Grant Deed $1,000 First American Title Co
Interfamily Deed Transfer -- First American Title Co
Grant Deed $215,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 Credit Line Revolving
Closed $1,008,000 Adjustable Rate Mortgage/ARM
Previous Owner $300,000 Credit Line Revolving
Previous Owner $195,000 New Conventional
Previous Owner $202,351 New Conventional
Previous Owner $215,000 Fannie Mae Freddie Mac
Previous Owner $221,000 Unknown
Previous Owner $225,000 No Value Available
Previous Owner $172,000 No Value Available
Previous Owner $168,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2019 04/05/19 Sold $1,680,000 +29.3% $1,263 / Sq Ft
03/31/2019 03/31/19 Pending -- -- --
03/29/2019 03/29/19 Price Changed $1,299,000 -41.6% $977 / Sq Ft
10/25/2018 10/25/18 For Sale $2,225,000 +56.1% $1,673 / Sq Ft
05/31/2017 05/31/17 Sold $1,425,000 +18.9% $1,071 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $1,198,000 -- $901 / 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 $22,589 $1,911,548 $1,843,281 $68,267
2023 $22,589 $1,801,297 $1,736,966 $64,331
2022 $21,220 $1,765,978 $1,702,908 $63,070
2021 $20,943 $1,731,352 $1,669,518 $61,834
2020 $20,736 $1,713,600 $1,652,400 $61,200
2019 $18,220 $1,482,570 $1,123,632 $358,938
2018 $17,748 $1,453,500 $1,101,600 $351,900
2017 $17,337 $1,407,600 $1,280,100 $127,500
2016 $16,990 $1,380,000 $1,255,000 $125,000
2015 $5,215 $343,899 $152,019 $191,880
2014 $4,988 $337,164 $149,042 $188,122
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81742052

MLSListings

APN: 051-357-170