NOT LISTED FOR SALE

1557 Lago St Unit 1 San Mateo, CA 94403

Los Prados Neighborhood

Estimated Value: $856,000 - $941,000

2 Beds
1 Bath
899 Sq Ft
$395/mo HOA Fee

Last Sold April 19, 2022

Last sale price $1,000,000 $1,112 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $6,039/month

4 Days on Market

Highlights

  • Granite Countertops
  • Open to Family Room
  • Walk-In Closet
  • Parkside Montessori (PK-8) Rated A
  • Bay Window
  • Forced Air Heating System

About This Home

As of April 2022

Stunning trophy home on a corner lot with magical water views and complete privacy! Rarely do homes with incredible views come up on the market like this one, get out of the busy city life and enjoy serenity in this turn-key property. Incredibly well located in one of the most sought after San Mateo neighborhoods with award winning schools. Boasting a fully renovated luxury property with high-end finishes, a gourmet chefs kitchen with new quartz countertops, SS appliances, new cabinets, new paint, recessed lights, and tons of natural lighting coming from the large dual pane bay windows. An ultra-modern bathroom with white carrera + storage newly redone will blow you away! Dreamy laminate hardwood floors, an open concept floor-plan, perfect for anyone trying to stay close to the heart of silicon valley, but also enough room to work from home! This is a must see home with a million dollar view, will not last long on the market!

Last Agent to Sell the Property

Yasir Aladdin

Compass License #02003197 Listed on: 04/06/2022

Compass

Last Buyer's Agent

Yasir Aladdin

Compass License #02003197 Listed on: 04/06/2022

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,913

Year Built

  • 1959

Lot Details

  • 1.35

HOA Fees

  • $395 Monthly HOA Fees

Interior Spaces

  • 899 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Bay Window
  • Family or Dining Combination
  • Laminate Flooring
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • Gas Oven
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Carport Space

Utilities

  • Forced Air Heating System

Community Details

  • Association fees include exterior painting, garbage, insurance - common area, roof, water
  • The Lago Association

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,913

Year Built

1959

Lot Details

0

HOA Fees

$395 per month

Listing Details

  • Zoning: R30000
  • Subclass: Condominium
  • Age: 63
  • Listing Class: Residential
  • Structure Sq Ft: 899
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1959

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area, Dining Area In Family Room
  • Kitchen: Countertop - Granite, Dishwasher, Oven Range - Built-In, Gas, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 899
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, More Than One Bedroom On Ground Floor, Walk-In Closet
  • Laundry: Washer / Dryer
  • Flooring: Laminate
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Updated Bath

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Covered Parking
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • Complex Name: The Lago
  • HOA Fees: 395
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Exterior Painting, Garbage, Insurance - Common Area, Roof, Water
  • HOA Exist: Yes
  • H O A Name Text: The Lago

Association/Amenities

  • Amenities Miscellaneous: Bay Window

Schools

  • School District: San Mateo Union High
  • Middle School: Bowditch Middle
  • High School: Hillsdale High
  • High School: 641
  • Middle School: 611

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2023
Sold by
Totah Melonie
Bought by
Melonie T Totah Trust
Current Estimated Value
$888,644

Purchase Details

Closed on
Sep 13, 2017
Sold by
Winfield Jack Andrew and Winfield Kathy
Bought by
Alajrab Jamil and Totah Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2017
Sold by
Culbreth Kathy S and Winfield Kathy
Bought by
Winfield Jack Andrew and Winfield Kathy

Purchase Details

Closed on
Oct 13, 2004
Sold by
Lake Storm Alexis
Bought by
Culbreth Kathy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,600
Interest Rate
4.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2003
Sold by
Lake Storm Alexis
Bought by
Lake Storm Alexis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lake Storm Alexis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 1995
Sold by
Assari Mehdi Modiri
Bought by
Federal Home Loan Mortgage Corporation
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
Melonie T Totah Trust -- None Listed On Document
Alajrab Jamil $645,000 First American Title Company
Winfield Jack Andrew -- None Available
Culbreth Kathy S $502,000 Fidelity National Title
Lake Storm Alexis -- First American Title Company
Lake Storm Alexis $144,000 American Title Ins Co
Federal Home Loan Mortgage Corporation $125,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alajrab Jamil $494,000
Previous Owner Alajrab Jamil $502,000
Previous Owner Alajrab Jamil $580,500
Previous Owner Culbreth Kathy S $468,500
Previous Owner Culbreth Kathy S $401,600
Previous Owner Lake Storm Alexis $50,000
Previous Owner Lake Storm Alexis $170,000
Previous Owner Lake Storm Alexis $29,700
Previous Owner Lake Storm Alexis $129,000
Closed Culbreth Kathy S $50,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2022 04/19/22 Sold $1,000,000 +33.3% $1,112 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $749,999 -- $834 / 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 $10,913 $731,000 $219,000 $512,000
2023 $10,913 $800,000 $240,000 $560,000
2022 $9,523 $691,568 $209,078 $482,490
2021 $9,530 $678,009 $204,979 $473,030
2020 $9,502 $671,058 $202,878 $468,180
2019 $8,490 $657,900 $198,900 $459,000
2018 $8,043 $645,000 $195,000 $450,000
2017 $6,978 $564,000 $169,000 $395,000
2016 $6,681 $530,000 $158,500 $371,500
2015 $5,505 $425,000 $127,000 $298,000
2014 $4,909 $375,000 $112,000 $263,000
Source: Public Records

Agents Affiliated with this Home

  • Yasir Aladdin

    Seller's Agent in 2022

    Yasir Aladdin

    Compass

    (408) 569-3676

    1 in this area

    184 Total Sales

    Yasir Aladdin
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Map

Source: MLSListings

MLS Number: ML81885686

MLSListings

APN: 107-200-090

California San Mateo County San Mateo 94403 Los Prados

1557 Lago St Unit 1, San Mateo, CA

This home is located at 1557 Lago St Unit 1, San Mateo, CA 94403 since 06 April 2022 and is currently estimated at $888,644, approximately $988 per square foot. This property was built in 1959. 1557 Lago St Unit 1 is a home located in San Mateo County with nearby schools including Parkside Montessori (PK-8), Bayside Academy, and Hillsdale High School.

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