NOT LISTED FOR SALE

940 S Fremont St Unit S San Mateo, CA 94402

Hayward Park Neighborhood

Estimated Value: $1,718,000 - $2,564,763

5 Beds
2 Baths
2,518 Sq Ft
$842/Sq Ft Est. Value

Last Sold November 30, 2012

Last sale price $929,600 $369 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $12,864/month

30 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Level Lot
  • Borel Middle School Rated A-

About This Home

As of November 2012

WONDERFUL SPANISH STYLE DUPLEX. VAULTED CEILINGS IN LIVING ROOM. CHARMING FIREPLACE. FRONT UNIT UPDATED KITCHEN WITH GRANITE TILE COUNTER.REAR UNITED HAS UPDATED KITCHEN WITH CHERRYWOOD CABINETS. LIKE NEW HARDWOOD FLOORS IN BOTH UNITS. UNIT 940 IS A 3BED 1.5 BATH. UNIT 942 OCCUPIED IS A 2BED. 1 BATH HAS ACCESS THROUGH THE REAR ALLEY. GREAT LOCATION WALK TO DOWNTOWN SAN MATEO AND TRANSPORTATION

Last Agent to Sell the Property

James Boyle

Compass License #00602154 Listed on: 08/18/2012

Compass

Last Buyer's Agent

Melanie Hildebrand

Hildebrand Real Estate Group License #00695854

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,804

Year Built

  • 1931

Lot Details

  • 5,314

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,518 Sq Ft Home
  • 2-Story Property
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Parking

  • Private Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $55,200

Community Details

Overview

  • 2 Units
  • 2,518 Sq Ft Building

Building Details

  • Operating Expense $6,726
  • Gross Income $55,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,804

Year Built

1931

Lot Details

0

Listing Details

  • Zoning: R200
  • Subclass: Duplex
  • Age: 81
  • Inspections Reports: Fault Zone, Geological/Flood, Pest Control, Flood Zone
  • Sale Price Per Sq Ft: 369.18
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 2518
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1931

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 2518
  • Stories: 2
  • Laundry: Laundry Area - In All Units, In Garage, Laundry Area - In Unit
  • Flooring: Tile, Carpet - Wall To Wall, Hardwood, Vinyl / Linoleum

Exterior Features

  • Foundation: Post And Pier, Concrete Perimeter
  • Roof: Shingle, Tile
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Off-Street Parking, Spaces Per Unit - 1

Utilities

  • Heating System: Wall Furnace, Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5358.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5358.00
  • Lot Size Area Min Search: 5358.00
  • Maximum Lot Size: 5358.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.03

Multi Family

  • Expenses Total: 6726
  • Income Annual Gross: 55200.00
  • Income Annual Rental: 55200
  • Income Gross Scheduled: 55200
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax
  • Tenant Expenses: Services - Gardener/Landscaping, Utilities - Gas, Utilities - Water, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2012
Closed on
Nov 16, 2012
Sold by
Lefczik Steven W and Lefczik Tracey L
Bought by
Hildebrand Niel F and Hildebrand Shannon C
Seller's Agent
James Boyle
Compass
Buyer's Agent
Melanie Hildebrand
Hildebrand Real Estate Group
List Price
$940,000
Sold Price
$929,600
Premium/Discount to List
-$10,400
-1.11%
Current Estimated Value
$2,119,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,189,591
Avg. Annual Appreciation
6.68%
Original Mortgage
$912,762
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 29, 2003
Sold by
Lefczik Steven W and Lefczik Tracey L
Bought by
Lefczik Steven W and Lefczik Tracey L
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
Hildebrand Niel F $930,000 Fidelity National Title Co
Lefczik Steven W -- Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hildebrand Niel F $952,000
Closed Hildebrand Niel F $883,185
Closed Hildebrand Niel F $912,762
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2012 11/30/12 Sold $929,600 -1.1% $369 / Sq Ft
09/17/2012 09/17/12 Pending -- -- --
08/18/2012 08/18/12 For Sale $940,000 -- $373 / 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 $15,804 $1,144,722 $572,361 $572,361
2023 $15,804 $1,100,274 $550,137 $550,137
2022 $14,991 $1,078,700 $539,350 $539,350
2021 $15,022 $1,057,550 $528,775 $528,775
2020 $14,127 $1,046,708 $523,354 $523,354
2019 $13,615 $1,026,186 $513,093 $513,093
2018 $12,942 $1,006,066 $503,033 $503,033
2017 $12,355 $986,340 $493,170 $493,170
2016 $12,004 $967,000 $483,500 $483,500
2015 $11,511 $952,476 $476,238 $476,238
2014 $11,642 $933,820 $466,910 $466,910
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    James Boyle

    Compass

    Section Image

  • M

    Buyer's Agent in 2012

    Melanie Hildebrand

    Hildebrand Real Estate Group

    (650) 271-6091

    17 Total Sales

    Melanie Hildebrand
    Section Image
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Map

Source: MLSListings

MLS Number: ML81230938

MLSListings

APN: 033-314-120

California San Mateo County San Mateo 94402 Hayward Park

940 S Fremont St Unit S, San Mateo, CA

This home is located at 940 S Fremont St Unit S, San Mateo, CA 94402 since 18 August 2012 and is currently estimated at $2,119,191, approximately $841 per square foot. This property was built in 1931. 940 S Fremont St Unit S is a home located in San Mateo County with nearby schools including Sunnybrae Elementary School, Borel Middle School, and Aragon High School.

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