$2,800,000
SOLD AUG 27, 2024
6 Beds
4 Baths
4,549 Sq Ft
7,501 Sq Ft Lot

Recently Sold

$616 Per Sq Ft

11 Days on Market

Highlights

  • Post and Beam
  • Wood Flooring
  • Forced Air Heating System
  • Baywood Elementary School Rated A
  • Tandem Parking
  • Level Lot

About This Home

As of August 2024

Experience the Dream Duplex! Enjoy comfort, luxury, and privacy in this stunning two-story duplex. Each unit offers a separate-house feel with private space. Owner's unit features remodeled designer kitchen and elegant bathrooms. Hardwood floors and fireplace create a cozy ambiance. Unique touches like built-in bookshelves & custom glasswork railings add character (Currently Rented). Front unit impresses with an updated kitchen, fireplace, and hardwood floors. Freshly painted and move-in ready (currently rented). Both units have attached two-car garages. Three bedrooms and two bathrooms in each unit, ideal for families. Gated front driveway and backyard access for the owner's unit. Located in a prime area with excellent schools, it's perfect for families who value community and privacy. Live in one unit, rent the other, or accommodate extended family. The possibilities are endless, making this duplex not just a home, but a lifestyle choice. Be sure to discover both 3D tours for each unit.

Last Agent to Sell the Property

Dan Gilmartin

Gilmartin Group License #01220872

Last Buyer's Agent

Scott Brody

Multisource License #01331504

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,480

Year Built

  • 1969

Lot Details

  • 7,501 Sq Ft Lot
  • Level Lot

Parking

  • 4 Car Garage
  • 2 Carport Spaces
  • Tandem Parking
  • On-Street Parking

Home Design

  • Duplex
  • Post and Beam
  • Traditional Architecture
  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 4,549 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Tile

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $123,600

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $2,400
  • Insurance Expense $4,000
  • Operating Expense $47,662
  • Gross Income $123,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,480

Year Built

1969

Lot Details

0

Parking

4

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Style: Traditional
  • Age: 55
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4549
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1969

Interior Features

  • Living Sq Ft: 4549
  • Stories: 2
  • Flooring: Carpet, Hardwood, Tile

Exterior Features

  • Foundation: Post And Beam
  • Roof: Composition
  • Construction Type: Brick, Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Attached Garage, On Street, Tandem Parking
  • Carport Min: 2

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Mateo Union High
  • Elementary School: Baywood Elementary
  • Middle School: Borel Middle
  • High School: Aragon High
  • High School: 602
  • Elementary School: 608
  • Middle School: 610

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1722
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7500.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr, Month To Month
  • Gross Rent Multiplier: 22.64
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 4000
  • Expense Landscape: 2400
  • Expenses Total: 47662
  • Income Annual Gross: 123600.00
  • Income Annual Rental: 123600
  • Income Gross Scheduled: 123600
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Gardener
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Water

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2024 08/27/24 Sold $2,800,000 0.0% $616 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $2,798,800 -- $615 / Sq Ft
Source: MLSListings

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
2023 $17,480 $1,241,535 $562,894 $678,641
2022 $17,146 $1,217,192 $551,857 $665,335
2021 $16,475 $1,193,327 $541,037 $652,290
2020 $15,936 $1,181,092 $535,490 $645,602
2019 $15,497 $1,157,935 $524,991 $632,944
2018 $14,757 $1,135,232 $514,698 $620,534
2017 $14,499 $1,112,973 $504,606 $608,367
2016 $14,420 $1,091,151 $494,712 $596,439
2015 $13,553 $1,074,761 $487,281 $587,480
2014 $16,065 $1,275,050 $637,525 $637,525
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 New Conventional
Closed $2,000,000 New Conventional
Previous Owner $1,800,000 New Conventional
Previous Owner $1,200,000 New Conventional
Previous Owner $460,000 New Conventional
Previous Owner $800,000 Purchase Money Mortgage
Previous Owner $280,000 Purchase Money Mortgage
Source: Public Records

Deed History

Date Type Sale Price Title Company
Grant Deed $2,800,000 Wfg National Title Insurance C
Grant Deed -- Old Republic Title
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed $1,600,000 North American Title Co Inc
Interfamily Deed Transfer -- None Available
Grant Deed $1,220,000 Fidelity National Title Co
Grant Deed -- None Available
Interfamily Deed Transfer -- Cornerstone Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title
Grant Deed -- --
Source: Public Records

Similar Home in San Mateo, CA

  • 127 & 133 N Delaware St, San Mateo, CA 94401

    $3,200,000

    • 8 Beds
    • 4 Baths
    • 4,082 Sq Ft
    • 127 & 133 N Delaware St
    • San Mateo, CA

    127 & 133 Delaware Street in San Mateo are adjoining duplexes available to be purchased separately or together. Individual MLS #s are ML81987136 and ML81987137. Marketing Package available upon request.

    Mitchell Zurich Marcus & Millichap

    Section Image

Source: MLSListings

MLS Number: ML81970675

MLSListings

APN: 034-383-300