NOT LISTED FOR SALE

1508 Cherrywood Dr San Mateo, CA 94403

San Mateo Knolls Neighborhood

Estimated Value: $2,643,000 - $3,022,000

4 Beds
2 Baths
2,070 Sq Ft
$1,403/Sq Ft Est. Value

Last Sold October 08, 2020

Last sale price $2,420,000 $1,169 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $18,394/month

1 Day on Market

Highlights

  • Private Pool
  • Granite Countertops
  • Open to Family Room
  • Highlands Elementary School Rated A-
  • Formal Dining Room
  • Tile Flooring

About This Home

As of October 2020

Feeling cooped up? With 2,070 square feet on a spacious .33-acre fenced lot, this light and bright 4-bedroom, 2-bathroom property offers ample space to spread out. Relax on the oversized deck beside your private pool and hot tub, walk down the street to scenic Laurelwood park, or hop on Hwy 92 for easy access to the whole Bay Area. Enjoy the gourmet kitchen with granite counters and stainless appliances, appreciate the 14 cathedral ceilings, and find plenty of storage in the oversized closets and 3-car garage. The home is in pristine condition: freshly painted and carpeted (August), newer appliances (2018), roof (2019), HVAC (2019), pool heater (2019), and hot water heater (2020). This is a must-see!

Last Agent to Sell the Property

Meaghan Creedon

Berkshire Hathaway HomeServices DrysdaleProperties License #01911240 Listed on: 09/07/2020

Berkshire Hathaway HomeServices DrysdaleProperties

Last Buyer's Agent

Ken Kabir

WePro Real Estate Services License #01137373

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,895

Year Built

  • 1975

Lot Details

  • 0.33 Acre Lot
  • Southeast Facing Home
  • Back Yard Fenced

Parking

  • 3 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,070 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Formal Dining Room
  • Laundry in Garage

Kitchen

  • Open to Family Room
  • Gas Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Private Pool
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,895

Year Built

1975

Lot Details

0

Parking

3

Listing Details

  • Zoning: R1000B
  • Subclass: Single Family Home
  • Age: 45
  • Listing Class: Residential
  • Structure Sq Ft: 2070
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven Range - Gas, Refrigerator, Trash Compactor
  • Fireplace: Yes
  • Living Sq Ft: 2070
  • Laundry: In Garage
  • Flooring: Carpet, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Yes
  • Roof: Composition
  • Yard/Grounds: Back Yard
  • Fencing: Fenced Back
  • Property Faces: Southeast
  • Pool: Pool - Fenced, Pool - Heated, Spa / Hot Tub

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Acres: 0.3276
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 14272.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 14272.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2020
Closed on
Oct 5, 2020
Sold by
Aldrich Michael W and Aldrich Andrea Jacobs
Bought by
Shakil Farrukh and Mashkoor Fatima
Seller's Agent
Meaghan Creedon
Berkshire Hathaway HomeServices DrysdaleProperties
Buyer's Agent
Ken Kabir
WePro Real Estate Services
List Price
$2,325,000
Sold Price
$2,420,000
Premium/Discount to List
$95,000
4.09%
Current Estimated Value
$2,903,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,370
Avg. Annual Appreciation
3.82%
Original Mortgage
$2,000,000
Outstanding Balance
$1,774,153
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$1,129,217

Purchase Details

Closed on
Jul 26, 2016
Sold by
The Majac Trust and Aldrich Michael
Bought by
Aldrich Michael W and Aldrich Andrea Jacobs

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2005
Sold by
Aldrich Michael William and Jacobs Aldrich Andrea G
Bought by
Majac Trust and Aldrich Michael

Purchase Details

Closed on
Apr 14, 2001
Sold by
Jacobs Aldrich Andrea G
Bought by
Aldrich Michael William and Jacobs Aldrich Andrea G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.98%

Purchase Details

Closed on
Jan 8, 1999
Sold by
Lawler Paul A
Bought by
Jacobs Aldrich Andrea G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,500
Interest Rate
6.66%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 7, 1999
Sold by
Aldrich Michael W
Bought by
Jacobs Aldrich Andrea G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,500
Interest Rate
6.66%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 25, 1994
Sold by
Lawler Paul A and Lawler Doris
Bought by
Lawler Paul A and Lawler Doris

Purchase Details

Closed on
Oct 1, 1993
Sold by
Lawler Paul A and Lawler Doris
Bought by
Lawler Paul A and Lawler Doris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
6.98%
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
Shakil Farrukh $2,420,000 Old Republic Title Company
Aldrich Michael W -- Chicago Title Company
Majac Trust -- --
Aldrich Michael William -- Old Republic Title Company
Jacobs Aldrich Andrea G $402,000 Chicago Title Insurance Co
Jacobs Aldrich Andrea G -- Chicago Title Insurance Co
Lawler Paul A -- --
Lawler Paul A -- Commonwealth Land Title Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shakil Farrukh $2,000,000
Previous Owner Aldrich Michael W $625,500
Previous Owner Majac Trust $440,000
Previous Owner Aldrich William $200,000
Previous Owner Aldrich Michael William $388,000
Previous Owner Aldrich Michael William $275,000
Previous Owner Jacobs Aldrich Andrea G $191,500
Previous Owner Lawler Paul A $203,150
Closed Jacobs Aldrich Andrea G $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2020 10/08/20 Sold $2,420,000 +4.1% $1,169 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
09/07/2020 09/07/20 For Sale $2,325,000 -- $1,123 / 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 $30,895 $2,636,801 $1,748,127 $888,674
2023 $30,895 $2,534,414 $1,680,246 $854,168
2022 $30,435 $2,484,720 $1,647,300 $837,420
2021 $30,429 $2,420,000 $1,615,000 $805,000
2020 $3,957 $210,493 $42,230 $168,263
2019 $3,749 $206,366 $41,402 $164,964
2018 $3,527 $202,321 $40,591 $161,730
2017 $3,263 $198,355 $39,796 $158,559
2016 $3,221 $194,466 $39,016 $155,450
2015 $3,662 $191,545 $38,430 $153,115
2014 $3,644 $187,794 $37,678 $150,116
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Meaghan Creedon

    BHHS Drysdale

    Section Image
  • Ken Kabir

    Buyer's Agent in 2020

    Ken Kabir

    WePro Real Estate Services

    (408) 981-8000

    1 in this area

    65 Total Sales

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Map

Source: MLSListings

MLS Number: ML81809619

MLSListings

APN: 041-511-080

California San Mateo County San Mateo 94403 San Mateo Knolls

1508 Cherrywood Dr, San Mateo, CA

This home is located at 1508 Cherrywood Dr, San Mateo, CA 94403 since 07 September 2020 and is currently estimated at $2,903,370, approximately $1,402 per square foot. This property was built in 1975. 1508 Cherrywood Dr is a home located in San Mateo County with nearby schools including Highlands Elementary School, Abbott Middle School, and Hillsdale High School.

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