NOT LISTED FOR SALE

1 Elm St Unit 303 San Carlos, CA 94070

Cordes Neighborhood

Estimated Value: $964,000 - $1,108,000

2 Beds
2 Baths
1,180 Sq Ft
$460/mo HOA Fee

Last Sold June 25, 2018

Last sale price $1,037,500 $879 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $7,276/month

5 Days on Market

Highlights

  • In Ground Spa
  • Bay View
  • Deck
  • Arundel Elementary School Rated A
  • 0.86 Acre Lot
  • Wood Flooring

About This Home

As of June 2018

Enjoy this beautifully maintained 2 bedroom, 2 bathroom home near downtown San Carlos. The floor plan is open and inviting and features a dining area just off the kitchen, a living room with a stone fireplace, two spacious bedrooms, and in unit laundry. The kitchen is a bright space recently updated with a tile backsplash, quartz counters, and wood flooring. A private patio is a perfect spot to unwind and take in views of the SF Bay and hills. There's just so much to enjoy including a pool, spa, secure parking (with two parking spaces), additional storage, and a community room. Plus, you're just minutes from Caltrain's San Carlos Station and top-rated schools.

Last Agent to Sell the Property

Manjit Singh

Reali License #01899371 Listed on: 06/01/2018

Co-Listed By

Marianne Osberg

Reali License #01494415

Last Buyer's Agent

Dennis Sanchez

Berri Real Estate License #01906875

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,903

Year Built

  • Built in 1981

Lot Details

  • 0.86

HOA Fees

  • $460 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Property Views

  • Bay
  • City Lights
  • Hills
  • Neighborhood

Interior Spaces

  • 1,180 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Pool

  • In Ground Spa
  • Private Pool
  • Fence Around Pool

Additional Features

  • Deck
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 111-560-170

Community Details

Overview

  • Association fees include decks, exterior painting, insurance - common area, insurance - structure, maintenance - exterior, management fee, pool spa or tennis, reserves, roof, sewer
  • 48 Units
  • Spring Valley HOA

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,903

Year Built

Built in 1981

Lot Details

0

HOA Fees

$460 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Number Restrictions
  • Age: 37
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 48
  • Structure Sq Ft: 1180
  • Year Built: 1981
  • Zoning Description: R300R4
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Quartz, Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1180
  • Stories: 1
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Laminate, Vinyl / Linoleum, Wood
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Pool Description: Community Facility, Pool - Fenced, Spa - In Ground, Spa / Hot Tub
  • View: Bay, City Lights, Hills, Neighborhood
  • Yard/Grounds: Deck
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Assigned Spaces, Gate / Door Opener, Underground Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 460
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Decks, Exterior Painting, Insurance - Common Area, Insurance - Structure, Maintenance - Exterior, Management Fee, Pool, Spa, or Tennis, Reserves, Roof, Sewer
  • H O A Name Text: Spring Valley HOA
  • H O A Exist: Yes

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 111-560-170
  • Lot Acres: 0.8628
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 37586.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 37586.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2018
Closed on
Jun 15, 2018
Sold by
Tseng David Michael and Tseng David
Bought by
Arakali Amritha Shantharam and Nandani Harit Ajitbhai
Seller's Agent
Manjit Singh
Reali
Buyer's Agent
Dennis Sanchez
Berri Real Estate
List Price
$825,000
Sold Price
$1,037,500
Premium/Discount to List
$212,500
25.76%
Current Estimated Value
$1,051,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,848
Avg. Annual Appreciation
0.18%
Original Mortgage
$830,000
Outstanding Balance
$702,971
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$348,377

Purchase Details

Listed on
Apr 10, 2014
Closed on
Jun 4, 2014
Sold by
Kavet Robert
Bought by
Tseng David Michael and Tseng David
Seller's Agent
Lottie Kendall
Golden Gate Sotheby's International Realty
Buyer's Agent
Fay Purser
Peninsula Real Estate and Loans
List Price
$640,000
Sold Price
$638,000
Premium/Discount to List
-$2,000
-0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.79%
Original Mortgage
$506,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2013
Sold by
Waldman Helayne
Bought by
Kavet Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2013
Sold by
Kavet Robert
Bought by
Kavet Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2002
Sold by
Kavet Robert
Bought by
Kavet Robert

Purchase Details

Closed on
Apr 19, 2000
Sold by
Kavet Susan H
Bought by
Kavet Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2000
Sold by
Rigatuso Diane M
Bought by
Rigatuso Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Arakali Amritha Shantharam $1,037,500 Chicago Title Ins Co
Tseng David Michael $638,000 Old Republic Title Company
Kavet Robert -- Cornerstone Title Company
Kavet Robert -- Cornerstone Title Company
Kavet Robert -- Cornerstone Title Company
Kavet Robert -- --
Kavet Robert -- Fidelity National Title Co
Kavet Robert $450,000 Fidelity National Title Co
Rigatuso Christopher M -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arakali Amritha Shantharam $830,000
Previous Owner Tseng David Michael $506,000
Previous Owner Kavet Robert $116,000
Previous Owner Kavet Robert $116,000
Previous Owner Kavet Robert $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2018 06/25/18 Sold $1,037,500 +25.8% $879 / Sq Ft
06/07/2018 06/07/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $825,000 +29.3% $699 / Sq Ft
06/12/2014 06/12/14 Sold $638,000 -0.3% $541 / Sq Ft View Prior Sale
05/13/2014 05/13/14 Pending -- -- --
04/10/2014 04/10/14 For Sale $640,000 -- $542 / 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 $14,903 $1,180,491 $354,999 $825,492
2023 $14,903 $1,134,653 $341,215 $793,438
2022 $14,025 $1,112,406 $334,525 $777,881
2021 $13,828 $1,090,595 $327,966 $762,629
2020 $13,676 $1,079,414 $324,604 $754,810
2019 $13,438 $1,058,250 $318,240 $740,010
2018 $9,088 $687,360 $206,208 $481,152
2017 $8,957 $673,883 $202,165 $471,718
2016 $8,756 $660,670 $198,201 $462,469
2015 $8,727 $650,747 $195,224 $455,523
2014 $7,668 $564,199 $169,258 $394,941
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Manjit Singh

    Reali

  • M

    Seller Co-Listing Agent in 2018

    Marianne Osberg

    Reali

    Section Image

  • D

    Buyer's Agent in 2018

    Dennis Sanchez

    Berri Real Estate

  • S

    Buyer Co-Listing Agent in 2018

    Sukhvinder Brown

    Berri Real Estate

  • L

    Seller's Agent in 2014

    Lottie Kendall

    Golden Gate Sotheby's International Realty

    Section Image

  • F

    Buyer's Agent in 2014

    Fay Purser

    Peninsula Real Estate and Loans

    Section Image
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Map

Source: MLSListings

MLS Number: ML81708155

MLSListings

APN: 111-560-170

California San Mateo County San Carlos 94002 Cordes

1 Elm St Unit 303, San Carlos, CA

This home is located at 1 Elm St Unit 303, San Carlos, CA 94070 since 01 June 2018 and is currently estimated at $1,051,348, approximately $890 per square foot. This property was built in 1981. 1 Elm St Unit 303 is a home located in San Mateo County with nearby schools including Arundel Elementary School, Tierra Linda Middle School, and Carlmont High School.

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