$1,830,000 Price Analysis   ♡   San Mateo, CA 94401 Unknown bed None bath 2,760 SqFt ($663/SqFt) 6,400SqFt lot. Built 1962 Listed 2024-02-28, Taxes $14,553 | Ⓧ USDA Ineligible due to price & location near San Mateo |
BACK to MARKET no Fault by Seller!
REDUCING PRICE by $120K to Reflect Market Interests Received for Property. APPROVED and ACTIVE INSURANCE quote from Fortega for Buyer to Adopt at $3, 700 Annual. This PRIME QUADRAPLEX in Downtown San Mateo has an Excellent Unit Mix with (2) Spacious Two Bedrom/One Bathroom Units and (2) One Bedroom/One Bath Units. Units Benefit from Private Patios or Balconies, Great Floor Plans, with Many Upgrades. Buyer Legally Able to Occupy Unit(s) with 60 Day Notice to tenant(s). Nearly 2:1 Parking Ratio, Large 6, 400 Lot a llowing for ADU Addition. Property is Located Just Moments from Downtown!
Motivated Seller! Seller is Open to Wait for Buyer's 1031 Exchange with Strong Terms. TOUR SCHEDULE: Wednesday, 5/22 from 1:30 to 3:30. Verify with Agent for Scheduling.
Presented by Neel Bhatia at
Coldwell Banker Realty.
Property MLS #ML81955709 from MLSListings
Parking Total: 3
Lot Size Source: Assessor
Lot Size Square Feet: 6400
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 500
Number of Units: 4
High School District: San Mateo Union High
Map directions Map directions Map directions Map directionsIncome Includes: Rents
Source Listing Status: Active
County: San Mateo
Source Property Type: Residential Income (2-4 units)
Inclusions: Refrigerator - All Units
Insurance Expense: 1915
Area: Eastern Addition/Downtown Area
Source Neighborhood: Eastern Addition/Downtown Area
Ownership Type: Individual
Parcel Number: 032-203-040
Postal City: SAN MATEO
Zoning: R2
Property Subtype: Fourplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $325,488 + $325,488 $650,976 | $14,553 |
| 2021 | $319,106 + $319,106 $638,212 | $16,785 |
| 2020 | $315,834 + $315,834 $631,668 | $12,832 |
| 2019 | $309,642 + $309,642 $619,284 | $12,550 |
| 2018 | $303,571 + $303,571 $607,142 | $11,408 |
| 2017 | $297,619 + $297,619 $595,238 | $11,074 |
| 2016 | $291,784 + $291,784 $583,568 | $9,955 |
| 2015 | $287,402 + $287,402 $574,804 | $9,572 |
| 2014 | $281,773 + $281,773 $563,546 | $9,467 |
| 2013 | $280,500 + $280,500 $561,000 | $8,847 |
| 2012 | $275,000 + $275,000 $550,000 | $9,865 |
| 2011 | $84,749 + $30,638 $115,387 | $6,175 |
| 2010 | $84,116 + $30,410 $114,526 | $6,059 |
| 2009 | $84,316 + $30,483 $114,799 | $3,365 |
| 2008 | $82,663 + $29,886 $112,549 | $5,173 |
| 2007 | $81,043 + $29,300 $110,343 | $2,784 |
$1,830,000
MLSListings
Listed 2024-02-28
$1,950,000
MLSListings
Sold 2023-10-10
$1,500,000
MLSListings
Listed 2023-07-19
$1,600,000
MLSListings
Sold 2011-12-06
$550,000
Public Record
Operating Expense Includes: Services - Trash Removal, Utilities - Gas, Utilities - Hot Water
Year Built: 1962
Foundation Details: Concrete Perimeter and Slab
Property Age: 62
Roof: Flat / Low Pitch
Levels or Stories: 2
Total Area Sqft: 2760
Year Built Source: Assessor
Individual Electric Meters
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.