NOT LISTED FOR SALE

Estimated Value: $1,749,000 - $2,645,299

8 Beds
8 Baths
4,767 Sq Ft
$444/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $1,280,000 $269 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $12,750/month

15 Days on Market

Highlights

  • Neighborhood Views
  • Building Patio
  • Wall to Wall Carpet
  • El Camino High School Rated A-
  • Level Lot

About This Home

As of June 2013

Townhome style; two story units Perfect for commuters! Walking distance to BART, easy access to 101, 280, El Camino, Only blocks away from Schools, Costco and shopping centers Close to Kaiser Medical Center - On site laundry

Last Agent to Sell the Property

Timothy Gilmartin

Gilmartin Group License #00841354 Listed on: 04/15/2013

Last Buyer's Agent

Edward Li

Prestige Realty License #01270837

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,808

Year Built

  • 1968

Lot Details

  • 3,136

Parking

  • Private Parking

Home Design

  • Quadruplex
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,767 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet
  • Neighborhood Views
  • Oven or Range
  • Gas Dryer Hookup

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $80,340
  • The owner pays for garbage, water

Community Details

Overview

  • 4 Units
  • 4,767 Sq Ft Building

Amenities

  • Building Patio

Building Details

  • Insurance Expense $1,773
  • Maintenance Expense $4,000
  • Other Expense $262
  • Utility Expense $872
  • Trash Expense $1,256
  • Operating Expense $17,515
  • Gross Income $82,472

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,808

Year Built

1968

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 45
  • Inspections Reports: Fault Zone, Pest Control, Flood Zone
  • Sale Price Per Sq Ft: 268.51
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 4767
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1968

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 4767
  • Stories: 2
  • Laundry: 220 Volt Outlet, Gas Hookup
  • Flooring: Carpet - Wall To Wall, Carpet

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar And Gravel
  • View: Local/Neighborhood

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Amenities: Patio - Common

Schools

  • School District: South San Francisco Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3139.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 3139.00
  • Lot Size Area Min Search: 3139.00
  • Maximum Lot Size: 3139.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.16
  • Max Rent2 Bed1 Bath Units: 1700
  • Min Rent2 Bed1 Plus Bath Units: 1600

Multi Family

  • Expense Insurance: 1773
  • Expense Maintenance: 4000
  • Expenses Other: 262
  • Expenses Total: 17515
  • Expenses Utility: 872
  • Expense Trash: 1256
  • Expense Water Sewer: 1692
  • Income Annual Gross: 82472.00
  • Income Annual Rental: 80340
  • Income Gross Scheduled: 82472
  • Income Includes: Laundry, Lease
  • Income Laundry: 2132
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 14
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water, Utilities - Gas, Insurance, Maintenance - Repair, Fee - Property Tax, Services - Sewer, Supplies, Utilities - Electric, Miscellaneous/Other
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Electric
  • Min Size2 Bed1 Plus Bath Units: 1134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2013
Closed on
Aug 1, 2013
Sold by
Cheung Lawrence Yan Loy
Bought by
Jing Tong Inc
Seller's Agent
Timothy Gilmartin
Gilmartin Group
Buyer's Agent
Edward Li
Prestige Realty
List Price
$1,250,000
Sold Price
$1,280,000
Premium/Discount to List
$30,000
2.4%
Current Estimated Value
$2,116,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$836,325
Avg. Annual Appreciation
4.16%
Original Mortgage
$600,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 15, 2013
Closed on
Jun 18, 2013
Sold by
Fernandez Jaime and Fernandez Ester
Bought by
Cheung Lawrence Yan Loy
Seller's Agent
Timothy Gilmartin
Gilmartin Group
Buyer's Agent
Edward Li
Prestige Realty
List Price
$1,250,000
Sold Price
$1,280,000
Premium/Discount to List
$30,000
2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 29, 2007
Sold by
Timoteo Maximino M
Bought by
Fernandez Jaime and Fernandez Ester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2001
Sold by
Timoteo Marina T
Bought by
Timoteo Maximino M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.91%
Mortgage Type
Stand Alone First
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
Jing Tong Inc -- None Available
Cheung Lawrence Yan Loy $1,280,000 Old Republic Title Company
Fernandez Jaime $1,255,000 Alliance Title Company
Timoteo Maximino M -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheung Lawrence Yan Loy $600,000
Previous Owner Fernandez Jaime $1,000,000
Previous Owner Timoteo Maximino M $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2013 06/28/13 Sold $1,280,000 +2.4% $269 / Sq Ft
04/30/2013 04/30/13 Pending -- -- --
04/15/2013 04/15/13 For Sale $1,250,000 -- $262 / 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 $19,808 $1,576,218 $788,109 $788,109
2023 $19,808 $1,515,012 $757,506 $757,506
2022 $18,421 $1,485,306 $742,653 $742,653
2021 $18,170 $1,456,184 $728,092 $728,092
2020 $17,937 $1,441,254 $720,627 $720,627
2019 $17,757 $1,412,996 $706,498 $706,498
2018 $17,340 $1,385,292 $692,646 $692,646
2017 $16,841 $1,358,130 $679,065 $679,065
2016 $16,420 $1,331,500 $665,750 $665,750
2015 $16,152 $1,311,500 $655,750 $655,750
2014 $15,872 $1,285,810 $642,905 $642,905
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81312203

MLSListings

APN: 011-270-130