NOT LISTED FOR SALE

Estimated Value: $1,697,819 - $1,840,000

8 Beds
5 Baths
4,235 Sq Ft
$421/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $1,235,000 $292 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $11,442/month

51 Days on Market

Highlights

  • City View
  • 4-minute walk to Colma Station
  • Granite Countertops
  • Westmoor High School Rated A-
  • High Ceiling
  • Tandem Parking

About This Home

As of September 2016

Great 4 unit investment property for an investor or owner occupant. Upside potential with No Rent Control. 2 buildings on 1 lot. Some units are large & have extra rooms. Owner has done some upgrades including plumbing, kitchen & bathroom, high ceilings, kitchen wood cabinets & tiled flooring, granite & formica countertops, upper unit views & more. Long driveway parking up to 6 cars. Conveniently located near Colma Bart Station, transportation, shopping, schools, freeway access & Mission St.

Last Agent to Sell the Property

Annabelle Canlas

KW Advisors License #01008442 Listed on: 06/15/2016

KW Advisors

Last Buyer's Agent

Tom Hovorka

KW Advisors License #00932127

KW Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,863

Year Built

  • 1922

Lot Details

  • 4,269 Sq Ft Lot

Parking

  • 1 Car Garage
  • Tandem Parking
  • Off-Street Parking

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 4,235 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Laminate Flooring
  • City Views
  • Washer and Dryer

Kitchen

  • Granite Countertops
  • Formica Countertops

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Community Details

  • 4,235 Sq Ft Building
  • 3 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,863

Year Built

1922

Lot Details

0

Parking

1

Listing Details

  • Zoning: R30000
  • Subclass: Fourplex
  • Age: 94
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4235
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1922

Interior Features

  • Kitchen: Countertop - Formica, Countertop - Granite, Countertop - Other
  • Living Sq Ft: 4235
  • Stories: 2
  • Laundry: Washer/Dryer - Some Units
  • Flooring: Laminate

Exterior Features

  • Foundation: Brick
  • Roof: Shingle
  • View: City

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 6
  • Garage Parking Features: Attached Garage, Off-Street Parking, Parking Area, Tandem Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Jefferson Union High

Lot Info

  • Lot Acres: 0.0980
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4250.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4250.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2022
Sold by
Kwan Family Trust
Bought by
Kwan Kenneth and Kwan Susan C
Current Estimated Value
$1,784,273

Purchase Details

Listed on
Jun 15, 2016
Closed on
Sep 21, 2016
Sold by
Kwan Kenneth and Kwan Susan C
Bought by
Kwan Kenneth K and Kwan Susan C
Seller's Agent
Annabelle Canlas
KW Advisors
Buyer's Agent
Tom Hovorka
KW Advisors
List Price
$1,378,000
Sold Price
$1,235,000
Premium/Discount to List
-$143,000
-10.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%
Original Mortgage
$800,000
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 15, 2016
Closed on
Sep 6, 2016
Sold by
Angel Hermenegildo G and Remollo Angeles Charito
Bought by
Yu Frank Lok Fan and Yu Tammy Chui Yung Wong
Seller's Agent
Annabelle Canlas
KW Advisors
Buyer's Agent
Tom Hovorka
KW Advisors
List Price
$1,378,000
Sold Price
$1,235,000
Premium/Discount to List
-$143,000
-10.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 21, 2006
Sold by
Angeles Hermenegildo G and Remollo Angeles Charito
Bought by
Angeles Hermenegildo G and Remollo Angeles Charito

Purchase Details

Closed on
Jan 4, 2006
Sold by
Johnson Ralph F and Johnson Carol E
Bought by
Angeles Hermenegildo G and Angeles Charito R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$638,400
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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
Kwan Kenneth -- None Listed On Document
Kwan Kenneth K -- None Available
Yu Frank -- None Available
Yu Frank Lok Fan $1,235,000 Old Republic Title Company
Angeles Hermenegildo G -- None Available
Angeles Hermenegildo G $798,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yu Frank Lok Fan $800,000
Previous Owner Angeles Hermenegildo G $638,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $1,235,000 -3.4% $292 / Sq Ft
08/06/2016 08/06/16 Pending -- -- --
07/25/2016 07/25/16 Price Changed $1,278,000 -7.3% $302 / Sq Ft
06/15/2016 06/15/16 For Sale $1,378,000 -- $325 / 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 $20,863 $1,433,318 $1,294,051 $139,267
2023 $20,863 $1,377,662 $1,243,802 $133,860
2022 $18,083 $1,350,650 $1,219,414 $131,236
2021 $18,421 $1,324,167 $1,195,504 $128,663
2020 $18,138 $1,310,590 $1,183,246 $127,344
2019 $18,232 $1,284,894 $1,160,046 $124,848
2018 $17,113 $1,259,700 $1,137,300 $122,400
2017 $17,531 $1,235,000 $1,115,000 $120,000
2016 $14,503 $1,038,962 $519,481 $519,481
2015 $13,618 $1,023,356 $511,678 $511,678
2014 $14,058 $1,003,310 $501,655 $501,655
Source: Public Records

Agents Affiliated with this Home

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Source: MLSListings

MLS Number: ML81590845

MLSListings

APN: 006-372-080