NOT LISTED FOR SALE

947 S Eldorado St Unit S San Mateo, CA 94402

Hayward Park Neighborhood

Estimated Value: $1,539,000 - $2,254,801

5 Beds
3 Baths
2,190 Sq Ft
$830/Sq Ft Est. Value

Last Sold August 21, 2015

Last sale price $1,121,000 $512 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $11,492/month

8 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Forced Air Heating System
  • Borel Middle School Rated A-
  • 2 Car Detached Garage
  • Washer and Dryer

About This Home

As of August 2015

THIS 2 UNIT PROPERTY NEEDS SOME TLC. MAIN UNIT HAS 4BR/1.5BA, BACK UNIT(PERMIT UNKNOWN) HAS 1BR/1BA , A SEPARATE KITCHEN AND BATH. GREAT INVESTMENT OPPORTUNITY FOR THE RIGHT BUYER. GREAT LOCATION CLOSE TO SUNNYBRAE ELEMENTARY SCHOOL AND MINUTES FROM DOWNTOWN SAN MATEO.

Last Agent to Sell the Property

Stanley Lo

Green Banker Realty License #00874415 Listed on: 08/03/2015

Last Buyer's Agent

Jaime Gonzalez

Gonzalez Properties License #01126649

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,096

Year Built

  • 1927

Lot Details

  • 7,057 Sq Ft Lot
  • Level Lot
  • Sprinklers on Timer
  • Back Yard

Parking

  • 2 Car Detached Garage

Home Design

  • 2,190 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Wood Frame Construction
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Tile
  • Vinyl

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Additional Features

  • Gas Oven
  • Washer and Dryer

Community Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,096

Year Built

1927

Lot Details

0

Parking

2

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Style: Traditional
  • Age: 88
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2190
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1927

Interior Features

  • Kitchen: Oven Range - Gas, Refrigerator
  • Living Sq Ft: 2190
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar And Gravel
  • Yard/Grounds: Back Yard, Sprinklers - Auto
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air - Gas, Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1620
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7050.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7050.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2016
Sold by
Yu Justin Ben
Bought by
Leung Yvonne
Current Estimated Value
$1,817,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 3, 2015
Closed on
Aug 18, 2015
Sold by
Vellandi Michael and Vellandi Monica M
Bought by
Leung Yvonne and Leung Elaine
Seller's Agent
Stanley Lo
Green Banker Realty
Buyer's Agent
Jaime Gonzalez
Gonzalez Properties
List Price
$899,000
Sold Price
$1,121,000
Premium/Discount to List
$222,000
24.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%

Purchase Details

Closed on
Aug 25, 2005
Sold by
Vellandi Michael and Vellandi Monica M
Bought by
Vellandi Michael and Vellandi Monica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
5.64%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 30, 2004
Sold by
Vellandi Michael and Vellandi Monica M
Bought by
Vellandi Michael and Vellandi Monica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 1999
Sold by
Gina Capovilla Living Trust
Bought by
Vellandi Michael J and Vellandi Monica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.68%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 5, 1999
Sold by
Capovilla Gina
Bought by
Capovilla Gina and Trustee Of Gina Capovilla Livi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.68%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 28, 1999
Sold by
Carli Arthur M 1998 Trust and Alice
Bought by
Capovilla Gina

Purchase Details

Closed on
Jan 30, 1998
Sold by
Carli Arthur M
Bought by
Carli Arthur M and Arthur M Carli 1998 Trust
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
Leung Yvonne -- Old Republic Title Company
Leung Yvonne $1,121,000 Chicago Title Company
Vellandi Michael -- North American Title Co
Vellandi Michael -- North American Title Co
Vellandi Michael -- --
Vellandi Michael -- North American Title Company
Vellandi Michael J $350,000 --
Capovilla Gina -- --
Capovilla Gina -- --
Carli Arthur M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Leung Yvonne $0
Open Leung Yvonne $503,000
Closed Leung Yvonne $533,850
Previous Owner Vellandi Michael $87,500
Previous Owner Vellandi Michael $400,000
Previous Owner Vellandi Michael J $150,000
Previous Owner Vellandi Michael J $400,000
Previous Owner Vellandi Michael J $400,000
Previous Owner Vellandi Michael J $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2015 08/21/15 Sold $1,121,000 +24.7% $512 / Sq Ft
08/11/2015 08/11/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $899,000 -- $411 / 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 $19,096 $1,373,194 $1,149,463 $223,731
2023 $19,096 $1,319,874 $1,104,829 $215,045
2022 $17,561 $1,293,995 $1,083,166 $210,829
2021 $16,912 $1,268,624 $1,061,928 $206,696
2020 $16,388 $1,255,617 $1,051,040 $204,577
2019 $15,880 $1,230,999 $1,030,432 $200,567
2018 $15,096 $1,206,863 $1,010,228 $196,635
2017 $14,258 $1,183,200 $990,420 $192,780
2016 $12,987 $1,121,000 $971,000 $150,000
2015 $6,439 $447,586 $223,793 $223,793
2014 $6,735 $438,820 $219,410 $219,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81498127

MLSListings

APN: 033-314-260