NOT LISTED FOR SALE

1733 Lake St San Mateo, CA 94403

Parkside Neighborhood

Estimated Value: $1,692,000 - $2,017,000

3 Beds
2 Baths
1,460 Sq Ft
$1,288/Sq Ft Est. Value

Last Sold October 29, 2019

Last sale price $1,580,000 $1,082 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $11,788/month

9 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating System
  • Gas Log Fireplace
  • Parkside Montessori (PK-8) Rated A
  • Dining Area

About This Home

As of October 2019

Spectacular waterfront home in the highly sought-after Parkside neighborhood. Do not miss this rare opportunity to own your beach front paradise. It is being used for Airbnb now, with August monthly income of ~$12,000. Perfect for either income property or your own home. The 3 bed/2 bath single story home, around 8,000 sq.ft. Lot, on the water, with huge back yard, perfect for gathering and entertainment. Beautiful hardwood floor throughout, Brand New Gourmet kitchen with granite counter top and wood cabinetry. Brand new double pane windows, New and superior bath room fixtures. Wood burning fireplace, Glass sliding opens to covered patio on the waterfront. Both master bedroom, with ensuite bath, and 2nd bedroom have water views and sliding glass doors for outdoor access. Walking distance to parks and schools. Easy commute to SF Intl Airport, San Francisco or Silicon Valley, and downtown San Mateo. Location, Lifestyle and Value, A Must See!

Last Agent to Sell the Property

Frank Ruan

Stanford Professional Realty Inc License #01438779 Listed on: 09/12/2019

Last Buyer's Agent

Frank Ruan

Stanford Professional Realty Inc License #01438779 Listed on: 09/12/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 7,919 Sq Ft Lot
  • Zoning described as R10006

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,460 Sq Ft Home
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 035-176-100

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

7,919 Sq Ft Lot

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1460
  • Year Built: 1960
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Log
  • Dining Room: Dining Area
  • Living Sq Ft: 1460
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • High School: 602

Lot Info

  • Parcel Number: 035-176-100
  • Lot Acres: 0.1818
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7920.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7920.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Mateo Union High
  • Elementary School Text: Parkside Elementary
  • High School Text: Aragon High
  • Middle School Text: Bayside Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Oct 24, 2019
Sold by
Chen Sherry
Bought by
Lau Eddie and Lau Ah Fong Ku
Seller's Agent
Frank Ruan
Stanford Professional Realty Inc
Buyer's Agent
Frank Ruan
Stanford Professional Realty Inc
List Price
$1,695,000
Sold Price
$1,580,000
Premium/Discount to List
-$115,000
-6.78%
Current Estimated Value
$1,881,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,175
Avg. Annual Appreciation
2.75%
Original Mortgage
$1,180,000
Outstanding Balance
$1,033,739
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$847,436

Purchase Details

Listed on
Aug 18, 2017
Closed on
Sep 19, 2017
Sold by
Leavitt Judith A and Frances M Wilkens Revocable Tr
Bought by
Chen Sherry
Seller's Agent
Melissa Lindt
Compass
Buyer's Agent
Frank Ruan
Stanford Professional Realty Inc
List Price
$1,298,000
Sold Price
$1,600,000
Premium/Discount to List
$302,000
23.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.61%
Original Mortgage
$960,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lau Eddie $1,580,000 Fidelity National Title Co
Chen Sherry $1,600,000 North American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lau Eddie $1,180,000
Previous Owner Chen Sherry $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2019 10/29/19 Sold $1,580,000 -6.8% $1,082 / Sq Ft
09/22/2019 09/22/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $1,695,000 +5.9% $1,161 / Sq Ft
10/05/2017 10/05/17 Sold $1,600,000 +23.3% $1,096 / Sq Ft View Prior Sale
08/24/2017 08/24/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $1,298,000 -- $889 / 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 $21,660 $1,727,957 $1,093,645 $634,312
2023 $21,660 $1,660,860 $1,051,178 $609,682
2022 $20,337 $1,628,295 $1,030,567 $597,728
2021 $19,908 $1,596,368 $1,010,360 $586,008
2020 $19,626 $1,580,000 $1,000,000 $580,000
2019 $19,741 $1,632,000 $1,132,200 $499,800
2018 $19,000 $1,600,000 $1,110,000 $490,000
2017 $2,073 $115,941 $34,831 $81,110
2016 $1,856 $113,669 $34,149 $79,520
2015 $1,571 $111,963 $33,637 $78,326
2014 $1,844 $109,771 $32,979 $76,792
Source: Public Records

Agents Affiliated with this Home

  • Frank Ruan

    Seller's Agent in 2019

    Frank Ruan

    Stanford Professional Realty Inc

    (650) 400-0085

    32 Total Sales

    Frank Ruan
    Section Image

  • M

    Seller's Agent in 2017

    Melissa Lindt

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81768385

MLSListings

APN: 035-176-100

California San Mateo County San Mateo 94403 Parkside

1733 Lake St, San Mateo, CA

Not Listed for Sale

Detached

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