NOT LISTED FOR SALE

129 Madison Ave Unit 1 San Mateo, CA 94402

Hayward Park Neighborhood

Estimated Value: $1,584,000 - $2,133,000

3 Beds
2.5 Baths
1,831 Sq Ft
1,568 Sq Ft Lot

Last Sold December 29, 2014

Last sale price $1,410,000 $770 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $11,347/month

15 Days on Market

Highlights

  • Primary Bedroom Suite
  • End Unit
  • Double Pane Windows
  • Baywood Elementary School Rated A
  • High Ceiling
  • Bathtub with Shower

About This Home

As of December 2014

Craftman-style luxury living. Kitchen w/granite counters, loads of cabinet space. Dining area. LR w/access to huge back patio; rear yard. Fabulous master suite w/stall shower/tub; dual vanity. Balcony off master suite. Plantation shutters throughout; recessed lighting; ceiling fans. 2 good-sized add'l bedrooms upstairs. 2-car attached garage. 1 of 7 townhomes, no common walls.

Last Agent to Sell the Property

Louie Kappen

Coldwell Banker Realty License #00896222 Listed on: 11/18/2014

Coldwell Banker Realty

Last Buyer's Agent

Michelle Garcia

Redfin License #01719143

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,679

Year Built

  • Built in 2005

Lot Details

  • No Common Walls
  • End Unit

Interior Spaces

  • 1,831 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • High Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Room
  • Tile Flooring

Kitchen

  • Built-In Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener
  • Guest Parking

Utilities

  • Forced Air Heating System

Community Details

  • Property has a Home Owners Association
  • Association fees include reserves, common area electricity, common area gas, insurance - common area
  • Madison Place Association

Listing and Financial Details

  • Assessor Parcel Number 123-490-010

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,679

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Age: 9
  • Listing Class: Residential
  • Maximum Unit Levels: 2
  • Max Numberof Unitsin Building: 10
  • Structure Sq Ft: 1831
  • Incorporated: Yes
  • Map Book Page: 749
  • Map Side Coordinate: 3
  • Map Top Coordinate: A
  • Thomas Bros Page: 749
  • Thomas Brothers: A3
  • Year Built: 2005
  • Zoning Description: PUD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Yes, Gas Log, Gas Starter
  • Dining Room: No Formal Dining Room, No Informal Dining Room
  • Stories: Below Ground Level
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Microwave, Oven - Self Cleaning, Oven Range - Built-In, Hookups - Gas
  • Living Sq Ft: 1831
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Dryer, Washer
  • Flooring: Hardwood - Partial, Tile, Carpet - Wall to Wall
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Tub in Primary Bedroom, Tubs - 2+, Stall Shower
  • Fireplace: Yes

Exterior Features

  • View: Local/Neighborhood

Garage/Parking

  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking

Utilities

  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 183
  • HOA Documents: Articles of Incorporation, Bylaws
  • Association Fees Include: Reserves, Common Area Electricity, Common Area Gas, Insurance - Common Area
  • H O A Name Text: Madison Place
  • Levels In Unit: 2
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s), High Ceiling, Balcony/Patio, Built-in Vacuum

Schools

  • School District: San Mateo Union High

Lot Info

  • Parcel Number: 123-490-010
  • Lot Location: Cul-de-Sac
  • List Price per Sq Ft: 736.76
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1582.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1582.00
  • Lot Size Area Min Search: 1582.00
  • Maximum Lot Size: 1582.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows, Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1
  • Unit Features: End Unit, No Common Wall

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2014
Closed on
Dec 23, 2014
Sold by
Patnaik Udaya and Patnaik Ramesh Rekha
Bought by
Dong Robert S and Lai Joy
Seller's Agent
Louie Kappen
Coldwell Banker Realty
Buyer's Agent
Michelle Garcia
Redfin
List Price
$1,349,000
Sold Price
$1,410,000
Premium/Discount to List
$61,000
4.52%
Current Estimated Value
$1,766,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,290
Avg. Annual Appreciation
2.13%
Original Mortgage
$1,128,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2012
Sold by
Ramesh Rekha and Patnaik Udaya
Bought by
Patnaik Udaya and Patnaik Ramesh Rekha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$788,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2010
Sold by
Patnaik Udaya and Patnaik Ramesh Rekha
Bought by
Patnaik Udaya and Patnaik Ramesh Rekha

Purchase Details

Closed on
Dec 20, 2006
Sold by
Mccoy Gretchen R
Bought by
Patnaik Udaya and Patnaik Ramesh Rekha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2005
Sold by
San Mateo Madison Llc
Bought by
Mccoy Gretchen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
5.65%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Dong Robert S $1,410,000 Fidelity Natl Title Ins Co
Patnaik Udaya -- Old Republic Title Company
Ramesh Rekha -- Old Republic Title Company
Patnaik Udaya -- None Available
Patnaik Udaya $1,075,000 North American Title Company
Mccoy Gretchen R $970,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dong Robert S $966,000
Closed Dong Robert S $1,128,000
Previous Owner Ramesh Rekha $788,000
Previous Owner Patnaik Udaya $52,500
Previous Owner Patnaik Udaya $860,000
Previous Owner Mccoy Gretchen R $97,000
Previous Owner Mccoy Gretchen R $776,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2014 12/29/14 Sold $1,410,000 +4.5% $770 / Sq Ft
12/03/2014 12/03/14 Pending -- -- --
11/18/2014 11/18/14 For Sale $1,349,000 -- $737 / 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 $20,679 $1,694,598 $508,377 $1,186,221
2023 $20,679 $1,628,796 $488,637 $1,140,159
2022 $19,947 $1,596,859 $479,056 $1,117,803
2021 $19,560 $1,565,549 $469,663 $1,095,886
2020 $18,717 $1,549,498 $464,848 $1,084,650
2019 $18,200 $1,519,117 $455,734 $1,063,383
2018 $17,480 $1,489,332 $446,799 $1,042,533
2017 $16,951 $1,460,131 $438,039 $1,022,092
2016 $16,848 $1,431,501 $429,450 $1,002,051
2015 $16,567 $1,410,000 $423,000 $987,000
2014 $12,313 $980,000 $293,500 $686,500
Source: Public Records

Agents Affiliated with this Home

  • Louie Kappen

    Seller's Agent in 2014

    Louie Kappen

    Coldwell Banker Realty

    (650) 208-5060

    18 Total Sales

    Louie Kappen
    Section Image

  • M

    Buyer's Agent in 2014

    Michelle Garcia

    Redfin

See All Agents

Map

Source: MLSListings

MLS Number: ML81440662

MLSListings

APN: 123-490-010

California San Mateo County San Mateo 94402 Hayward Park

129 Madison Ave Unit 1, San Mateo, CA

This home is located at 129 Madison Ave Unit 1, San Mateo, CA 94402 since 18 November 2014 and is currently estimated at $1,766,290, approximately $964 per square foot. This property was built in 2005. 129 Madison Ave Unit 1 is a home located in San Mateo County with nearby schools including Baywood Elementary School, Borel Middle School, and Aragon High School.

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