NOT LISTED FOR SALE

116 Tilton Ave Unit 22 San Mateo, CA 94401

Downtown San Mateo Neighborhood

Estimated Value: $1,142,000 - $1,428,000

3 Beds
2.5 Baths
1,404 Sq Ft
$400/ mo HOA Fee

Last Sold August 16, 2019

Last sale price $1,465,000 $1,043 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $8,743/month

85 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Stone Countertops
  • Borel Middle School Rated A-
  • Marble Bathroom Countertops
  • Open to Family Room

About This Home

As of August 2019

"Builder Model" with numerous upgrades, this almost new single-family style detached condominium is ideally located just blocks to vibrant downtown San Mateo and half way to San Francisco and Silicon Valley! Spacious, beautiful, turn-key dream home ideally designed over three-stories. Open living area with wood floors; central A/C; upgraded kitchen fixtures and appliances; outdoor porch area. Private, luxurious master en suite with upgraded bathroom and large walk-in closet. Full-size washer and dryer near bedrooms. Small secure community with assigned underground parking. Perfect location - a must see!

Last Agent to Sell the Property

Don Yarkin

Yarkin Realty License #00673086 Listed on: 04/22/2019

Last Buyer's Agent

Claudia Montalban

Compass License #01016193

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2017

Lot Details

  • Security Fence

HOA Fees

  • $400 Monthly HOA Fees

Parking

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

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,404 Sq Ft Home
  • 3-Story Property
  • Family or Dining Combination

Kitchen

  • Open to Family Room
  • Gas Oven
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Marble Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 117-340-220

Community Details

Overview

  • Association fees include common area electricity, garbage, insurance - common area, landscaping / gardening, maintenance - common area, management fee, reserves, sewer
  • 27 Units
  • Classics At Midtown Place HOA
  • Built by Classics at Midtown Place
  • The community has rules related to parking rules

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Year Built

Built in 2017

Lot Details

0.77 Acres

HOA Fees

$400 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Restrictions: Parking Restrictions, Pets - Number Restrictions
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 27
  • Structure Sq Ft: 1404
  • Complex Name: Classics at Midtown Place
  • Year Built: 2017
  • Zoning Description: Residential
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area in Family Room
  • Kitchen: Countertop - Stone, Dishwasher, Garbage Disposal, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1404
  • Stories: 3
  • Security: Secured Garage / Parking, Security Fence
  • Bedrooms: Primary Suite / Retreat, Walk-in Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Half on Ground Floor, Marble, Primary - Stall Shower(s), Shower over Tub - 1

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Assigned Spaces, Electric Gate

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 400
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Minutes
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Management Fee, Reserves, Sewer
  • H O A Name Text: Classics at Midtown Place HOA
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 117-340-220

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2019
Closed on
Aug 13, 2019
Sold by
Patel Ajay and Patel Anisha
Bought by
Lohiya Manu
Seller's Agent
Don Yarkin
Yarkin Realty
Buyer's Agent
Claudia Montalban
Compass
List Price
$1,595,000
Sold Price
$1,465,000
Premium/Discount to List
-$130,000
-8.15%
Current Estimated Value
$1,305,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$159,837
Avg. Annual Appreciation
-1.76%
Original Mortgage
$430,000
Outstanding Balance
$376,601
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$928,562

Purchase Details

Closed on
Mar 14, 2018
Sold by
Tilton Place Lp
Bought by
Patel Ajay and Patel Anisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,156,875
Interest Rate
4.32%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lohiya Manu $1,465,000 Chicago Title Company
Lohiya Manu -- Chicago Title Company
Patel Ajay $1,542,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lohiya Manu $430,000
Previous Owner Patel Ajay $1,156,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2019 08/16/19 Sold $1,465,000 -2.3% $1,043 / Sq Ft
07/17/2019 07/17/19 Pending -- -- --
07/02/2019 07/02/19 Price Changed $1,499,500 -3.3% $1,068 / Sq Ft
05/18/2019 05/18/19 Price Changed $1,549,950 -2.8% $1,104 / Sq Ft
04/22/2019 04/22/19 For Sale $1,595,000 -- $1,136 / 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
2025 $19,662 $1,602,186 $480,655 $1,121,531
2023 $19,662 $1,539,974 $461,992 $1,077,982
2022 $18,911 $1,509,780 $452,934 $1,056,846
2021 $18,548 $1,480,177 $444,053 $1,036,124
2020 $17,809 $1,465,000 $439,500 $1,025,500
2019 $18,765 $1,573,350 $469,200 $1,104,150
2018 $7,446 $611,807 $143,807 $468,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Don Yarkin

    Yarkin Realty

    (650) 833-1337

    34 Total Sales

    Don Yarkin
    Section Image
  • Claudia Montalban

    Buyer's Agent in 2019

    Claudia Montalban

    Compass

    (408) 891-5907

    28 Total Sales

    Claudia Montalban
    Section Image
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Map

Source: MLSListings

MLS Number: ML81748003

MLSListings

APN: 117-340-220

California San Mateo County San Mateo 94401 Downtown San Mateo

116 Tilton Ave Unit 22, San Mateo, CA

Not Listed for Sale

Condos

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