NOT LISTED FOR SALE

987 Brusco Way South San Francisco, CA 94080

Sunshine Gardens Neighborhood

Estimated Value: $1,944,000 - $2,228,000

8 Beds
8 Baths
5,032 Sq Ft
$408/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $1,775,000 $353 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $12,726/month

21 Days on Market

Highlights

  • 4 Car Detached Garage
  • Tile Flooring
  • Wall Furnace
  • El Camino High School Rated A-
  • Coin Laundry

About This Home

As of November 2020

Centrally located in South San Francisco. This 4 unit building is situated adjacent to a City Park featuring a playground and picnic area. All units have 2 bedrooms and 1.5 baths. There is a detached garage for each unit. The ground floor units have patio access to their garages. Coin operated laundry facility on the ground floor.

Last Agent to Sell the Property

Janet Jaramillo

Compass License #00640144 Listed on: 09/24/2020

Compass

Last Buyer's Agent

Thomas Huff

Coldwell Banker Realty License #00922877

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,487

Year Built

  • 1969

Lot Details

  • 4,212 Sq Ft Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Quadruplex
  • Tar and Gravel Roof
  • Bitumen Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,032 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Utilities

  • Wall Furnace
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $101,987

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Insurance Expense $3,466
  • Maintenance Expense $19,000
  • Utility Expense $4,642
  • Trash Expense $3,250
  • Operating Expense $36,604
  • Gross Income $101,987

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,487

Year Built

1969

Lot Details

0

Parking

4

Listing Details

  • Zoning: Multi Residential
  • Subclass: Fourplex
  • Age: 51
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 5032
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1969

Interior Features

  • Living Sq Ft: 5032
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Laminate, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Bitumen, Tar And Gravel

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Electric, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: South San Francisco Unified

Lot Info

  • Lot Acres: 0.0967
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4214.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4214.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.62
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters
  • Expense Insurance: 3466
  • Expense Maintenance: 19000
  • Expenses Total: 36604
  • Expenses Utility: 4642
  • Expense Trash: 3250
  • Income Annual Gross: 101987.00
  • Income Annual Rental: 101987
  • Income Gross Scheduled: 101987
  • Income Includes: Coin Operated Equip
  • Meters: Master Water, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Equipment/Fixture Rental, Insurance, Maintenance, Maintenance - Laundry, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2021
Sold by
Alcantara Edgar Cuevas
Bought by
Alcantara Edgar Cuevas and Alcantara Catherine Marie
Current Estimated Value
$2,053,392

Purchase Details

Listed on
Sep 24, 2020
Closed on
Nov 17, 2020
Sold by
The Brusco Family Limited Partnership
Bought by
Alcantara Edgar
Seller's Agent
Janet Jaramillo
Compass
Buyer's Agent
Thomas Huff
Coldwell Banker Realty
List Price
$1,899,000
Sold Price
$1,775,000
Premium/Discount to List
-$124,000
-6.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.03%
Original Mortgage
$331,250
Interest Rate
2.8%
Mortgage Type
New Conventional
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
Alcantara Edgar Cuevas -- None Listed On Document
Alcantara Edgar $1,775,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alcantara Edgar $331,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2020 11/25/20 Sold $1,775,000 -6.5% $353 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $1,899,000 -- $377 / 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 $23,487 $1,921,316 $833,472 $1,087,844
2023 $23,487 $1,846,710 $801,108 $1,045,602
2022 $21,835 $1,810,500 $785,400 $1,025,100
2021 $21,542 $1,775,000 $770,000 $1,005,000
2020 $6,288 $338,514 $89,929 $248,585
2019 $6,246 $331,877 $88,166 $243,711
2018 $6,108 $325,371 $86,438 $238,933
2017 $5,825 $318,993 $84,744 $234,249
2016 $5,505 $312,739 $83,083 $229,656
2015 $5,408 $308,043 $81,836 $226,207
2014 $5,343 $302,009 $80,233 $221,776
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Janet Jaramillo

    Compass

    (650) 464-5738

    3 in this area

    5 Total Sales

    Janet Jaramillo
    Section Image

  • T

    Buyer's Agent in 2020

    Thomas Huff

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81812511

MLSListings

APN: 011-271-160

California San Mateo County South San Francisco 94080 Sunshine Gardens

987 Brusco Way, South San Francisco, CA

This home is located at 987 Brusco Way, South San Francisco, CA 94080 since 24 September 2020 and is currently estimated at $2,053,392, approximately $408 per square foot. This property was built in 1969. 987 Brusco Way is a home located in San Mateo County with nearby schools including Sunshine Gardens Elementary School, Parkway Heights Middle School, and El Camino High School.

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