NOT LISTED FOR SALE

950 N Idaho St San Mateo, CA 94401

Lyon Hoag Neighborhood

Estimated Value: $2,038,000 - $2,860,343

4 Beds
4 Baths
3,510 Sq Ft
$655/Sq Ft Est. Value

Last Sold June 08, 2020

Last sale price $1,900,000 $541 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $14,746/month

9 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • 5-minute walk to Victoria Park
  • San Mateo High School Rated A+
  • Tandem Parking

About This Home

As of June 2020

Excellent investment opportunity in a highly desirable San Mateo neighborhood. Very close proximity to the Burlingame border, several local restaurants and shops, public transportation, SFO and much more. This property offers many housing options: live in one, rent the other, rent both or great for extended family. One unit has been tastefully updated with refinished floors as well modern kitchen and baths. Both units have been well maintained and cared for. Property also features fresh sod/landscaping and a brand new roof (March 2020). Each unit includes a 2-car tandem garage with laundry hook-up. Welcome to 950 N Idaho Street!

Last Agent to Sell the Property

Tara Collins

Realty One Group Complete License #01824792 Listed on: 05/11/2020

Last Buyer's Agent

Joseph Stirlacci

Joseph Stirlacci, Broker License #00977108

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,548

Year Built

  • 1951

Lot Details

  • 4,487

Parking

  • 2 Car Garage
  • Tandem Parking

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,510 Sq Ft Home
  • 2-Story Property
  • Fire Sprinkler System

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Additional Features

  • 4,487 Sq Ft Lot
  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $78,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,100
  • Insurance Expense $2,000
  • Maintenance Expense $2,000
  • Operating Expense $15,100
  • Gross Income $78,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,548

Year Built

1951

Lot Details

0

Parking

2

Listing Details

  • Zoning: RM00R3
  • Subclass: Duplex
  • Age: 69
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3510
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1951

Interior Features

  • Kitchen: Cooktop - Gas, Countertop - Granite, Countertop - Tile, Dishwasher, Garbage Disposal, Microwave, Refrigerator
  • Living Sq Ft: 3510
  • Stories: 2
  • Security: Fire System - Sprinkler
  • Flooring: Hardwood, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage, Tandem Parking

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Acres: 0.1030
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4486.68
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4486.68

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written
  • Gross Rent Multiplier: 25.63
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2000
  • Expense Landscape: 1100
  • Expense Maintenance: 2000
  • Expenses Total: 15100
  • Income Annual Gross: 78000.00
  • Income Annual Rental: 78000
  • Income Gross Scheduled: 78000
  • Income Includes: Rents
  • Meters: Separate Common Area
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
Jun 5, 2020
Sold by
Collins Vicki
Bought by
Giusto Jack J and Giusto Irene J
Seller's Agent
Tara Collins
Realty One Group Complete
Buyer's Agent
Joseph Stirlacci
Joseph Stirlacci, Broker
List Price
$2,200,000
Sold Price
$1,900,000
Premium/Discount to List
-$300,000
-13.64%
Current Estimated Value
$2,300,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,336
Avg. Annual Appreciation
2.43%

Purchase Details

Closed on
Sep 15, 2015
Sold by
Collins Vicki
Bought by
Collins Vicki and The Vicki Collins Trust

Purchase Details

Closed on
Aug 29, 2003
Sold by
Nabongo Tezira
Bought by
Collins Vicki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,100
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2003
Sold by
Flake Zada
Bought by
Nabongo Tezira

Purchase Details

Closed on
Aug 23, 2000
Sold by
Garibaldi Richard W and Garibaldi M R
Bought by
Nabongo Tezira and Flake Zada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
7.5%
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
Giusto Jack J $1,900,000 Fidelity National Title Co
Collins Vicki -- None Available
Collins Vicki $841,500 Alliance Title Company
Nabongo Tezira -- --
Nabongo Tezira $675,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins Vicki $413,100
Previous Owner Nabongo Tezira $40,000
Previous Owner Nabongo Tezira $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2020 06/08/20 Sold $1,900,000 -5.0% $541 / Sq Ft
05/21/2020 05/21/20 Pending -- -- --
05/19/2020 05/19/20 Price Changed $1,999,000 -9.1% $570 / Sq Ft
05/11/2020 05/11/20 For Sale $2,200,000 -- $627 / 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 $26,548 $2,077,925 $1,257,692 $820,233
2023 $26,548 $1,997,238 $1,208,855 $788,383
2022 $26,839 $1,958,077 $1,185,152 $772,925
2021 $25,801 $1,919,684 $1,161,914 $757,770
2020 $14,416 $1,093,332 $703,322 $390,010
2019 $14,016 $1,071,895 $689,532 $382,363
2018 $13,419 $1,050,878 $676,012 $374,866
2017 $12,960 $1,030,273 $662,757 $367,516
2016 $12,309 $1,010,072 $649,762 $360,310
2015 $12,299 $994,900 $640,002 $354,898
2014 $11,629 $975,413 $627,466 $347,947
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Tara Collins

    Realty One Group Complete

  • J

    Buyer's Agent in 2020

    Joseph Stirlacci

    Joseph Stirlacci, Broker

See All Agents

Map

Source: MLSListings

MLS Number: ML81792137

MLSListings

APN: 029-315-200

California San Mateo County San Mateo 94401 Lyon Hoag

950 N Idaho St, San Mateo, CA

This home is located at 950 N Idaho St, San Mateo, CA 94401 since 11 May 2020 and is currently estimated at $2,300,336, approximately $655 per square foot. This property was built in 1951. 950 N Idaho St is a home located in San Mateo County with nearby schools including Laurel Elementary School, Abbott Middle School, and San Mateo High School.

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