NOT LISTED FOR SALE

976 Masson Ave San Bruno, CA 94066

San Bruno Park Neighborhood

Estimated Value: $1,088,000 - $1,325,000

2 Beds
3 Baths
1,607 Sq Ft
$728/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $1,100,000 $685 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,392/month

12 Days on Market

Highlights

  • Coin Laundry
  • Space Heater
  • Carpet
  • Capuchino High School Rated A-
  • Level Lot
  • 1-minute walk to Forest Lane Park

About This Home

As of June 2024

Unusual find, small triplex owned by the same family for over 60 years. All units are now vacant and a new owner will be able to achieve market rents of approximately $5,500 per month. Each unit is separately metered for gas & electric, owner pays water & garbage. This one wont' last long!

Last Agent to Sell the Property

Larry Franzella

Intero Real Estate Services License #00512797 Listed on: 05/16/2024

Intero Real Estate Services

Last Buyer's Agent

Anthony Torres

Redfin License #02206016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,930

Year Built

  • 1912

Lot Details

  • 5,998 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Uncovered Parking
  • Unassigned Parking

Home Design

  • Triplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,607 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Utilities

  • Space Heater
  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $65,880

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • Gardener Expense $780
  • Insurance Expense $2,624
  • Maintenance Expense $1,440
  • Utility Expense $3,440
  • Trash Expense $2,400
  • Operating Expense $11,534
  • Gross Income $67,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,930

Year Built

1912

Lot Details

0

Parking

1

Listing Details

  • Zoning: R20000
  • Subclass: Triplex
  • Age: 112
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1607
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1912

Interior Features

  • Kitchen: Appliances - Vary By Unit
  • Living Sq Ft: 1607
  • Stories: 1
  • Laundry: Coin Operated
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 4
  • Garage Parking Features: Room For Oversized Vehicle, Unassigned Spaces, Uncovered Parking

Utilities

  • Heating System: Gas, Space Heater, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 14.82

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 2624
  • Expense Landscape: 780
  • Expense Maintenance: 1440
  • Expenses Total: 11534
  • Expenses Utility: 3440
  • Expense Trash: 2400
  • Income Annual Gross: 67320.00
  • Income Annual Rental: 65880
  • Income Gross Scheduled: 67320
  • Income Includes: Laundry, Parking, Rents
  • Income Other: 1440
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - License/Advertising, Fee - Property Tax, Insurance, Services - Gardener, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jun 14, 2024
Sold by
Robert W And Nancy J Hensel Revocable Tr and Talcott Cynthia J
Bought by
Seo Sellan and Seo Jollan
Seller's Agent
Larry Franzella
Intero Real Estate Services
Buyer's Agent
Anthony Torres
Redfin
List Price
$998,000
Sold Price
$1,100,000
Premium/Discount to List
$102,000
10.22%
Views
33
Current Estimated Value
$1,169,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,564
Avg. Annual Appreciation
0.21%
Original Mortgage
$800,000
Outstanding Balance
$791,322
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$311,537

Purchase Details

Closed on
Sep 15, 2006
Sold by
Hensel Robert W and Hensel Nancy J
Bought by
Hensel Robert W and Hensel Nancy J
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
Seo Sellan $1,100,000 Orange Coast Title
Hensel Robert W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seo Sellan $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $1,100,000 +10.2% $685 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $998,000 -- $621 / 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 $1,930 $1,122,000 $816,000 $306,000
2023 $1,930 $69,274 $31,063 $38,211
2022 $834 $67,916 $30,454 $37,462
2021 $823 $66,585 $29,857 $36,728
2020 $816 $65,903 $29,551 $36,352
2019 $804 $64,612 $28,972 $35,640
2018 $767 $63,346 $28,404 $34,942
2017 $759 $62,105 $27,848 $34,257
2016 $734 $60,888 $27,302 $33,586
2015 $725 $59,974 $26,892 $33,082
2014 $715 $58,800 $26,366 $32,434
Source: Public Records

Agents Affiliated with this Home

  • Larry Franzella

    Seller's Agent in 2024

    Larry Franzella

    Intero Real Estate Services

    (650) 871-3601

    3 in this area

    76 Total Sales

    Larry Franzella
    Section Image

  • A

    Buyer's Agent in 2024

    Anthony Torres

    Redfin

    (877) 973-3346

    1 in this area

    121 Total Sales

    Anthony Torres
    Section Image
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Map

Source: MLSListings

MLS Number: ML81966017

MLSListings

APN: 020-102-270

California San Mateo County San Bruno 94066 San Bruno Park

976 Masson Ave, San Bruno, CA

This home is located at 976 Masson Ave, San Bruno, CA 94066 since 16 May 2024 and is currently estimated at $1,169,564, approximately $727 per square foot. This property was built in 1912. 976 Masson Ave is a home located in San Mateo County with nearby schools including Decima M. Allen Elementary School, Parkside Intermediate School, and Capuchino High School.

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