NOT LISTED FOR SALE

Estimated Value: $625,091 - $879,000

1 Bed
1.5 Baths
802 Sq Ft
19,994 Sq Ft Lot

Last Sold March 18, 2014

Last sale price $445,000 $555 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,641/month

10 Days on Market

Highlights

  • Primary Bedroom Suite
  • 5-minute walk to Hayward Park
  • Wood Flooring
  • Borel Middle School Rated A-
  • Clubhouse
  • Mediterranean Architecture

About This Home

As of March 2014

One of San Mateo's Newest Communities. This Luxurious Condo, in Hayward Park, features 1 bedroom & 1.5 baths, master suite bedroom, crown moldings, laundry inside unit, kitchen granite countertops, stainless appliances, wood cabinets, hardwood flooring, tiled bathroom floors, designer interior paint and trim. Seconds to Safeway, Starbucks, Transportation, and Close to Downtown San Mateo!

Last Agent to Sell the Property

James Sherman

Compass License #01416978 Listed on: 02/14/2014

Compass

Last Buyer's Agent

Marylene Notarianni

KW Bay Area Living License #01904565

KW Bay Area Living

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Lot Details

  • 0.46

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 802 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Double Pane Windows
  • Window Treatments
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bedroom Suite
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 123-660-020

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, management fee, reserves, roof, sewer, water, common area electricity, common area gas, decks, exterior painting, garbage, insurance - common area
  • Palm Residences Association
  • Built by Palm Residences

Amenities

  • Clubhouse
  • Elevator

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0.46 Acres

Parking

1

Listing Details

  • Subclass: Condominium
  • Style: Mediterranean
  • Restrictions: Pets - Restrictions
  • Sale Price Per Sq Ft: 554.86
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Maximum Unit Levels: 1
  • Max Numberof Unitsin Building: 25
  • Structure Sq Ft: 802
  • Complex Name: Palm Residences
  • Incorporated: Yes
  • Map Book Page: 749
  • Map Side Coordinate: 3
  • Map Top Coordinate: B
  • Thomas Bros Page: 749
  • Thomas Brothers: B3
  • Year Built: 2007
  • Zoning Description: R400
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Yes, Ornamental Only
  • Dining Room: Dining Area in Living Room, No Informal Dining Room
  • Kitchen: Dishwasher, Refrigerator, Oven Range
  • Living Sq Ft: 802
  • Stories: 1
  • Security: Security Features, Fire Alarm, Fire System - Sprinkler
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Dryer, Washer
  • Flooring: Hardwood - Partial, Tile, Carpet - Wall to Wall
  • Maximum Bathrooms: 2
  • Minimum Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Shower over Tub - 1, Tub in Primary Bedroom, Tubs - 1, No Stall Shower

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Gate / Door Opener, Guest / Visitor Parking

Utilities

  • Heating System: Forced Air, Gas

Condo/Co-op/Association

  • HOA Fees: 291
  • HOA Amenities: Club House, Elevator
  • HOA Documents: Articles of Incorporation, Bylaws, Budget, Financial Statement
  • Association Fees Include: Landscaping / Gardening, Management Fee, Reserves, Roof, Sewer, Water, Common Area Electricity, Common Area Gas, Decks, Exterior Painting, Garbage, Insurance - Common Area
  • H O A Name Text: Palm Residences
  • Levels In Unit: 1
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s)

Lot Info

  • Parcel Number: 123-660-020
  • List Price per Sq Ft: 560.96
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 20012.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 20012.00
  • Lot Size Area Min Search: 20012.00
  • Maximum Lot Size: 20012.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2025
Sold by
Ottoboni Lucas J
Bought by
Ottoboni Family Trust and Ottoboni
Current Estimated Value
$743,273

Purchase Details

Listed on
Feb 14, 2014
Closed on
Mar 12, 2014
Sold by
Schmidt Walter J and Schmidt Kimberly K
Bought by
Ottoboni Lucas J
Seller's Agent
James Sherman
Compass
Buyer's Agent
Marylene Notarianni
KW Bay Area Living
List Price
$449,888
Sold Price
$445,000
Premium/Discount to List
-$4,888
-1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.36%
Original Mortgage
$356,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2008
Sold by
Palm Partners Llc
Bought by
Schmidt Walter J and Schmidt Kimberly K

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
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ottoboni Family Trust -- None Listed On Document
Ottoboni Lucas J $445,000 First American Title Company
Schmidt Walter J -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ottoboni Lucas J $356,000
Previous Owner Schmidt Walter J $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2014 03/18/14 Sold $445,000 -1.1% $555 / Sq Ft
02/24/2014 02/24/14 Pending -- -- --
02/14/2014 02/14/14 For Sale $449,888 -- $561 / 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 $8,028 $545,498 $163,647 $381,851
2023 $8,028 $524,318 $157,294 $367,024
2022 $7,871 $514,038 $154,210 $359,828
2021 $7,805 $503,960 $151,187 $352,773
2020 $7,350 $498,793 $149,637 $349,156
2019 $6,940 $489,013 $146,703 $342,310
2018 $6,323 $479,426 $143,827 $335,599
2017 $6,093 $470,026 $141,007 $329,019
2016 $6,106 $460,811 $138,243 $322,568
2015 $5,882 $453,890 $136,167 $317,723
2014 $5,646 $445,000 $133,500 $311,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81404679

MLSListings

APN: 123-660-020

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