NOT LISTED FOR SALE

1 Elm St Unit 400 San Carlos, CA 94070

Cordes Neighborhood

Estimated Value: $960,000 - $1,072,000

2 Beds
2 Baths
1,180 Sq Ft
$510/mo HOA Fee

Last Sold August 04, 2023

Last sale price $940,000 $797 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,939/month

6 Days on Market

Highlights

  • Private Pool
  • Bay View
  • Sauna
  • Arundel Elementary School Rated A
  • Primary Bedroom Suite
  • Mediterranean Architecture

About This Home

As of August 2023

Located between the vibrant Downtown San Carlos & Belmont Town Center, is a top floor, end unit condo. A spacious living room, freshly updated kitchen that opens to the formal dining room with a skylight, & a private balcony with sprawling Peninsula & East Bay views are only a few of the enticing features of this wonderful opportunity. Restful bedroom retreats include a primary suite with spacious walk-in closet & an updated en-suite bathroom, a second bedroom & an updated hall bathroom, as well as in-unit laundry, air conditioning, & secure parking & storage. Enjoy the serenity of the gated complex's courtyard & swimming pool & spa with view patio, & the vibe of downtown San Carlos just blocks away. Less than 1 mile to San Carlos Caltrain station & near highway 101 for easy commuting up and down the Peninsula. HOA Fee $510 includes: Water, sewer, garbage, exterior painting, roof, pool/spa & club house.

Last Agent to Sell the Property

Jan Majeski

Compass License #00936866 Listed on: 06/29/2023

Compass

Last Buyer's Agent

Rob Mibach

Intero Real Estate Services License #01318177

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,447

Year Built

  • Built in 1981

Lot Details

  • 0.86

HOA Fees

  • $510 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Electric Gate
  • Secured Garage or Parking
  • Guest Parking
  • Assigned Parking

Property Views

  • Bay
  • Skyline

Home Design

  • Mediterranean Architecture
  • Flat Roof Shape
  • Slab Foundation

Interior Spaces

  • 1,180 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Storage Room

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 111-560-180

Community Details

Overview

  • Association fees include common area electricity, exterior painting, garbage, insurance - common area, landscaping / gardening, maintenance - common area, management fee, pool spa or tennis, reserves, roof
  • 48 Units
  • Spring Valley HOA
  • Built by Spring Valley

Amenities

  • Sauna
  • Community Storage Space

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,447

Year Built

Built in 1981

Lot Details

0

HOA Fees

$510 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Style: Mediterranean
  • Restrictions: Pets - Rules
  • Age: 42
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 48
  • Structure Sq Ft: 1180
  • Complex Name: Spring Valley
  • Incorporated: Yes
  • Year Built: 1981
  • Zoning Description: R300R4
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Countertop - Quartz, Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric
  • Living Sq Ft: 1180
  • Stories: 1
  • Security: Secured Garage / Parking, Security Building
  • Bedrooms: Primary Suite / Retreat, Walk-in Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Tile
  • Additional Rooms: Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Primary - Stall Shower(s), Shower over Tub - 1, Skylight, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility
  • Roof: Flat / Low Pitch
  • View: Bay, City Lights
  • Yard/Grounds: Balcony / Patio
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Assigned Spaces, Covered Parking, Electric Gate, Guest / Visitor Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Private

Condo/Co-op/Association

  • HOA Fees: 510
  • HOA Amenities: Additional Storage, Community Pool, Sauna / Spa / Hot Tub
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Management Fee, Pool, Spa, or Tennis, Reserves, Roof
  • H O A Name Text: Spring Valley HOA
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Walk-in Closet

Schools

  • School District: Sequoia Union High
  • Elementary School: Arundel Elementary
  • Middle School: Tierra Linda Middle
  • High School: Carlmont High
  • High School: 617
  • Elementary School: 603
  • Middle School: 1044

Lot Info

  • Parcel Number: 111-560-180

Green Features

  • Energy Features: Skylight

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High
  • Elementary School Text: Arundel Elementary
  • High School Text: Carlmont High
  • Middle School Text: Tierra Linda Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Jul 21, 2023
Sold by
Preston Jennifer and Preston Colin
Bought by
Kieca Gene and Kieca Madeleine
Seller's Agent
Jan Majeski
Compass
Buyer's Agent
Rob Mibach
Intero Real Estate Services
List Price
$916,000
Sold Price
$940,000
Premium/Discount to List
$24,000
2.62%
Views
417
Current Estimated Value
$1,016,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,909
Avg. Annual Appreciation
3.66%
Original Mortgage
$705,000
Outstanding Balance
$687,804
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$329,105

Purchase Details

Closed on
Mar 21, 2019
Sold by
Berg Sandra J
Bought by
Berg Sandra and Preston Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2014
Sold by
Berg Clint J and Berg Sandra J
Bought by
Berg Family Trust
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Kieca Gene $940,000 Doma Title
Berg Sandra -- Old Republic Title Company
Berg Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kieca Gene $705,000
Previous Owner Berg Sandra $164,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2023 08/04/23 Sold $940,000 +2.6% $797 / Sq Ft
07/06/2023 07/06/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $916,000 -- $776 / 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 $12,447 $958,800 $287,640 $671,160
2023 $12,447 $263,622 $52,712 $210,910
2022 $4,552 $258,454 $51,679 $206,775
2021 $4,460 $253,387 $50,666 $202,721
2020 $4,380 $250,790 $50,147 $200,643
2019 $4,214 $245,873 $49,164 $196,709
2018 $4,092 $241,052 $48,200 $192,852
2017 $4,009 $236,326 $47,255 $189,071
2016 $3,896 $231,693 $46,329 $185,364
2015 $3,885 $228,214 $45,634 $182,580
2014 $3,682 $223,745 $44,741 $179,004
Source: Public Records

Agents Affiliated with this Home

  • Jan Majeski

    Seller's Agent in 2023

    Jan Majeski

    Compass

    (650) 888-1230

    1 in this area

    79 Total Sales

    Jan Majeski
    Section Image
  • Rob Mibach

    Buyer's Agent in 2023

    Rob Mibach

    Intero Real Estate Services

    (650) 947-4767

    1 in this area

    47 Total Sales

    Rob Mibach
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81933504

MLSListings

APN: 111-560-180

California San Mateo County San Carlos 94002 Cordes

1 Elm St Unit 400, San Carlos, CA

This home is located at 1 Elm St Unit 400, San Carlos, CA 94070 since 29 June 2023 and is currently estimated at $1,016,909, approximately $861 per square foot. This property was built in 1981. 1 Elm St Unit 400 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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