NOT LISTED FOR SALE

1561 Lago St Unit 2 San Mateo, CA 94403

Los Prados Neighborhood

Estimated Value: $585,711 - $802,000

1 Bed
1 Bath
675 Sq Ft
$395/mo HOA Fee

Last Sold November 28, 2017

Last sale price $685,000 $1,015 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $4,551/month

10 Days on Market

Highlights

  • Water Views
  • Boat Dock
  • Granite Countertops
  • Parkside Montessori (PK-8) Rated A
  • 1.35 Acre Lot
  • Balcony

About This Home

As of November 2017

Your waterfront oasis awaits! Experience Marina Lagoon living at its best in this tranquil cottage-style condo with no units above or below, complete with great outdoor patio & huge living room window overlooking the water! Perfect for entertaining and everyday living! This unit boasts an updated kitchen and bath with granite counters and an open floor plan. This small HOA community has a vast array of mature trees, lawn and boat dock. Conveniently located to highways 101 & 92 and close to shopping, restaurants and parks. A commuters dream!

Last Agent to Sell the Property

Dennis Murphy

Golden Gate Sotheby's International Realty License #01741159 Listed on: 10/27/2017

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Ellie Kravets

Redfin License #01816751

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,280

Year Built

  • Built in 1959

Lot Details

  • 1.35

HOA Fees

  • $395 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 675 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Water Views
  • Washer and Dryer

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Docks
  • Balcony
  • Shed

Additional Features

  • Wood Fence
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 107-200-180

Community Details

Overview

  • Association fees include common area electricity, exterior painting, fencing, garbage, insurance - common area, insurance - liability, landscaping / gardening, maintenance - exterior, reserves, roof, water, water / sewer
  • 36 Units
  • Marina Lagoon Garden Homes Association
  • Built by Marina Lagoon Garden Homes

Recreation

  • Boat Dock

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,280

Year Built

Built in 1959

Lot Details

0

HOA Fees

$395 per month

Listing Details

  • Subclass: Condominium
  • Restrictions: Guest Restrictions
  • Age: 58
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 36
  • Structure Sq Ft: 675
  • Complex Name: Marina Lagoon Garden Homes
  • Incorporated: Yes
  • Year Built: 1959
  • Zoning Description: R30000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room, No Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Microwave, Refrigerator
  • Living Sq Ft: 675
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate, Tile
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tar and Gravel
  • View: Water Front
  • Yard/Grounds: Balcony / Patio, Boat Dock, Fenced, Storage Shed / Structure
  • Fencing: Wood

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 395
  • HOA Amenities: Boat Dock
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Fencing, Garbage, Insurance - Common Area, Insurance - Liability, Landscaping / Gardening, Maintenance - Exterior, Reserves, Roof, Water, Water / Sewer
  • H O A Name Text: Marina Lagoon Garden Homes
  • H O A Exist: Yes

Schools

  • School District: San Mateo Union High

Lot Info

  • Parcel Number: 107-200-180
  • Lot Acres: 1.3515
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 58873.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 58873.00

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2017
Closed on
Nov 21, 2017
Sold by
Callahan Marilee T
Bought by
Han Zhichao
Seller's Agent
Dennis Murphy
Golden Gate Sotheby's International Realty
Buyer's Agent
Ellie Kravets
Redfin
List Price
$585,000
Sold Price
$685,000
Premium/Discount to List
$100,000
17.09%
Current Estimated Value
$612,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$72,427
Avg. Annual Appreciation
-1.16%
Original Mortgage
$548,000
Interest Rate
3.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Han Zhichao $685,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Han Zhichao $510,000
Closed Han Zhichao $548,000
Previous Owner Callahan Marilee T $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2017 11/28/17 Sold $685,000 +17.1% $1,015 / Sq Ft
11/07/2017 11/07/17 Pending -- -- --
10/27/2017 10/27/17 For Sale $585,000 -- $867 / 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 $9,280 $595,000 $178,000 $417,000
2023 $9,280 $700,000 $209,000 $491,000
2022 $10,090 $734,456 $219,800 $514,656
2021 $10,091 $720,056 $215,491 $504,565
2020 $10,046 $712,674 $213,282 $499,392
2019 $9,023 $698,700 $209,100 $489,600
2018 $8,569 $685,000 $205,000 $480,000
2017 $2,642 $180,045 $35,997 $144,048
2016 $2,687 $176,516 $35,292 $141,224
2015 $2,687 $173,865 $34,762 $139,103
2014 $2,627 $170,461 $34,082 $136,379
Source: Public Records

Agents Affiliated with this Home

  • Dennis Murphy

    Seller's Agent in 2017

    Dennis Murphy

    Golden Gate Sotheby's International Realty

    (415) 310-7956

    46 Total Sales

    Section Image

  • E

    Buyer's Agent in 2017

    Ellie Kravets

    Redfin

  • C

    Buyer's Agent in 2017

    Carol Giddens

    J Tidwell & Associates

See All Agents

Map

Source: MLSListings

MLS Number: ML81683015

MLSListings

APN: 107-200-180

California San Mateo County San Mateo 94403 Los Prados

1561 Lago St Unit 2, San Mateo, CA

This home is located at 1561 Lago St Unit 2, San Mateo, CA 94403 since 27 October 2017 and is currently estimated at $677,928, approximately $1,004 per square foot. This property was built in 1959. 1561 Lago St Unit 2 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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