217 Paramount Dr

Beds
Baths
2,660 Sq. Ft.
$733 / Sq. Ft.
2,660
Sq. Ft.
$733
per Sq. Ft.

Description

Located in a quiet neighborhood on the west side of El Camino Real, this four-plex is brimming with old world charm and character. The 660 square foot units have real hardwood floors, eat in kitchens, gas range stoves and individual water heaters. There are 5 water meters, meaning tenants pay their own water and sewer charges. Located close to Broadway, positioning it close to an innumerable amount of shops/restuarants. Walkscore of 92! Located 1.5 miles from The Millbrae BART/Caltrains station.Located in a quiet neighborhood on the west side of El Camino Real, this four-plex is brimming with old world charm and character. The 660 square foot units have real hardwood floors, eat in kitchens, gas range stoves and individual water heaters. There are 5 water meters, meaning tenants pay their own water and sewer charges. Located close to Broadway, positioning it close to an innumerable amount of shops/restuarants. Walkscore of 92! Located 1.5 miles from The Millbrae BART/Caltrains station.

Listing Agents

  1. Michael Silva

    Michael Silva

    Alternative Listing Agent

    Compass

    DRE #01962674

    michael.silva@compass.com

    P: (650)-515-2388

  2. Listed by Brett Barron • DRE #00893787 • Brokerage DRE #00893787 • Capital Realty Group • 650-437-5223

Property Details for 217 Paramount Drive

MLS City Name
MILLBRAE
Building Type
FOURPLEX
Garage Spaces
0
Parking Spaces
0
View
None
Cross Street
Broadway
LISTING UPDATED: 09/29/2020 01:57 PM

Property Details for 217 Paramount Drive

StatusSold
MLS #ML81805398
Days on Compass15
Taxes$21,055 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1948
Lot Size0.12 AC / 5,335 SF
CountySan Mateo County

Location

Listing Courtesy of Capital Realty Group, Michael Silva, DRE #01962674; Capital Realty Group, Brett Barron, DRE #00893787

Sold By Compass, John Sayage, DRE #02068974; Compass, Norma Sayage, DRE #00823440

Add your commute

Building Information for 217 Paramount Drive

Stories2Residences4Year Built1948Building Size-Lot Size0.12 AC / 5,335 SF

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$11,259 per month

30 year fixed, 6.15% Interest

Principal and Interest

$9,504

Property Taxes

$1,755

HOA Dues

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Property Information for 217 Paramount Drive

Features
Room Information
  • Kitchen: Garbage Disposal, Oven Range - Gas, Refrigerator
Features
  • Communications: Cable TV
  • Energy Features: None
  • Fireplace: No
  • Flooring: Hardwood, Tile, Vinyl / Linoleum
  • Laundry: Coin Operated
  • Living SqFt: 2660
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Individual Water Meter, Public
Carport and Parking
  • Carport Min: 4
Garage
  • Garage and Parking: Assigned Spaces, Carport, Off-Street Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Millwood
  • Roof: Shingle
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 217
  • Street Name: Paramount
  • Street Suffix: Drive
  • Area ID: 492
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 2660
  • Structure SqFt Source: Assessor
  • Age: 72
Development Information
  • Construction Type: Wood Frame
  • Zoning Detail: r-4
Location Information
  • City Limits: Yes
  • Directions: West on Ludeman, north on Broadway, west on Paramount
  • Parcel Number: 021-276-050
  • County Name: San Mateo
  • City Name: MILLBRAE
  • City Postal ID: 34
  • Postal Code: 94030
  • Elementary School District: 932
  • High School District Text: San Mateo Union High
Lot Information
  • Foundation: Concrete Perimeter
  • Horse Property: No
  • Lot Acres: .12
  • Lot Description: Grade - Level
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Mobile / Manufactured Information
Other Information
  • Dual Variable: No
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $21,055
  • Building Unit Total: 4
  • Capitalization Rate: 3.23
  • Tenant Expenses: Services - Sewer, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water
  • Income Includes: Laundry
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $1,827
  • Expense Landscape: $1,200
  • Expense Maintenance: $2,975
  • Expense Management: $6,001
  • Expense Trash: $1,271
  • Expenses Other: $680
  • Expenses Utility: $851
  • Expenses Total: $35,860
  • Operating Expenses Include: Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities, Utilities - Electric, Utilities - Gas, Utilities - Water, Vacancy Factor
  • Gross Rent Multiplier: 18.94
  • Income Annual Gross: $97,321
  • Income Annual Rental: $100,020
  • Income Gross Scheduled: $100,331
  • Income Other: $311
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Half Bathrooms: 0
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $1,995
Unit 2 Information
  • Unit 2 Approx Square Footage: 660
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Half Bathrooms: 0
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $1,950
Unit 3 Information
  • Unit 3 Approx Square Footage: 660
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Half Bathrooms: 0
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Rent: $2,195
Unit 4 Information
  • Unit 4 Approx Square Footage: 660
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Half Bathrooms: 0
  • Unit 4 Number of Bedrooms: 1
  • Unit 4 Rent: $2,195
Unit Type 1
  • Unit Type1 Approx SqFt: 660

Property History for 217 Paramount Drive

DateEvent & SourcePriceAppreciation
Sep 29, 2020

Sold

MLSListings #ML81805398

$1,950,000
Sep 29, 2020

Temporarily Off Market

EBRD #ML81805398

Sep 22, 2020

Sold (Public Record)

Public Record #681143384

$1,950,000
Aug 27, 2020

Pending

EBRD #ML81805398

Aug 25, 2020

Temporarily Off Market

EBRD #ML81805398

Aug 25, 2020

Pending

EBRD #ML81805398

Aug 25, 2020

Pending

MLSListings #ML81805398

Aug 11, 2020

Listed (Active)

EBRD #ML81805398

$1,900,000
Aug 10, 2020

Listed (Active)

MLSListings #ML81805398

$1,900,000
DateEvent & SourcePrice
09/29/2020

Sold

MLSListings #ML81805398

$1,950,000
09/29/2020

Temporarily Off Market

EBRD #ML81805398

09/22/2020

Sold (Public Record)

Public Record #681143384

$1,950,000
08/27/2020

Pending

EBRD #ML81805398

08/25/2020

Temporarily Off Market

EBRD #ML81805398

08/25/2020

Pending

EBRD #ML81805398

08/25/2020

Pending

MLSListings #ML81805398

08/11/2020

Listed (Active)

EBRD #ML81805398

$1,900,000
08/10/2020

Listed (Active)

MLSListings #ML81805398

$1,900,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 217 Paramount Drive

Taxable ValueLand$1,028,309Additions$1,082,432Total$2,110,741
Tax Record2024$28,156 ($2,346 / month)
Home Facts
Baths4Total Finished SqFt2,660 SqFtAbove Grade Finished SqFt2,660 SqFtStories2Lot Size5,319 SqFtStyleQuadraplexYear Built1948CountySAN MATEOAPN021-276-050

Schools near 217 Paramount Drive

This home is within San Mateo Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Green Hills Elementary School
PublicK to 5

Taylor Middle School
Public6 to 8

Mills High School
Public9 to 12

Peninsula High (Continuation)
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Capital Realty Group, Michael Silva, DRE #01962674; Capital Realty Group, Brett Barron, DRE #00893787

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.