NOT LISTED FOR SALE

Estimated Value: $449,000 - $782,000

2 Beds
1.5 Baths
1,075 Sq Ft
2.44 Acres

Last Sold December 16, 2016

Last sale price $321,700 $299 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $4,248/month

Highlights

  • In Ground Pool
  • 2.44 Acre Lot
  • High Ceiling
  • San Mateo High School Rated A+
  • Wood Flooring
  • Walk-In Closet

About This Home

As of December 2016

Fabulous 2-story townhouse located minutes from downtown San Mateo in well maintained Gateway Commons complex. Bright and spacious! Features include: 2BR/1.5BA, high ceilings, large living room/dining room combination, wood burning fireplace, hardwood floors on the first floor, new carpet,1075 square feet of living space, laundry-in-unit and a balcony with a small yard plus storage closet. Great opportunity! Property sold through the City of San Mateo's First Time Home Buyer Program. Sale price is below market value due to program guidelines, restrictions and appreciation index. Sale price, resale, income, rental and deed restrictions apply now and upon future sale. First Time Home Buyers only! Great location - easy access to downtown, restaurants, shopping, entertainment, CalTrain and highway 101.

Last Agent to Sell the Property

Renee Daskalakis

Golden Gate Sotheby's International Realty License #01111348 Listed on: 12/14/2016

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Renee Daskalakis

Golden Gate Sotheby's International Realty License #01111348 Listed on: 12/14/2016

Golden Gate Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,775

Year Built

  • Built in 1989

Lot Details

  • 2.44

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Electric Gate
  • Secured Garage or Parking
  • Guest Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,075 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower

Home Security

Utilities

  • Zoned Heating
  • Wall Furnace

Additional Features

  • In Ground Pool
  • Security Fence

Listing and Financial Details

  • Assessor Parcel Number 109-680-040

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, fencing, garbage, hot water, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, reserves, roof, water
  • 96 Units
  • The Manor Association
  • Built by Gateway Commons Owners Assn
  • The community has rules related to parking rules

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,775

Year Built

Built in 1989

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Restrictions: Parking Restrictions, Pets - Allowed
  • Age: 27
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 96
  • Structure Sq Ft: 1075
  • Complex Name: Gateway Commons Owners Assn
  • Incorporated: Yes
  • Year Built: 1989
  • Zoning Description: R4000D
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining "L"
  • Kitchen: Countertop - Formica, Dishwasher, Garbage Disposal, Oven Range - Electric
  • Living Sq Ft: 1075
  • Stories: 2
  • Security: Fire Alarm, Fire System - Sprinkler, Secured Garage / Parking, Security Fence
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - In Ground
  • Roof: Composition
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Common Parking Area, Electric Gate, Gate / Door Opener, Guest / Visitor Parking, Parking Restrictions

Utilities

  • Heating System: Electric, Individual Room Controls, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 404
  • HOA Amenities: Community Pool
  • Association Fees Include: Common Area Electricity, Exterior Painting, Fencing, Garbage, Hot Water, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, or Tennis, Reserves, Roof, Water
  • H O A Name Text: The Manor Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Schools

  • School District: San Mateo Union High

Lot Info

  • Parcel Number: 109-680-040
  • Lot Acres: 2.4360
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Area Maximum Units: Square Feet

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2016
Closed on
Dec 5, 2016
Sold by
Cho Hyun K
Bought by
Haro Christopher A and Garcia Cassandra M
Seller's Agent
Renee Daskalakis
Golden Gate Sotheby's International Realty
Buyer's Agent
Renee Daskalakis
Golden Gate Sotheby's International Realty
List Price
$321,700
Sold Price
$321,700
Current Estimated Value
$682,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,342
Avg. Annual Appreciation
8.89%
Original Mortgage
$255,615
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2009
Sold by
Jeong Sunhyeong
Bought by
Cho Hyun K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,730
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2009
Sold by
Vlahos Stephanie
Bought by
Cho Hyun K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,730
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2006
Sold by
Hightower Charlie M
Bought by
Vlahos Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,400
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage
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
Haro Christopher A $322,000 First American Title Company
Cho Hyun K -- First American Title Company
Cho Hyun K $293,500 First American Title Company
Vlahos Stephanie $264,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haro Christopher A $233,000
Closed Haro Christopher A $255,615
Previous Owner Cho Hyun K $228,730
Previous Owner Vlahos Stephanie $214,400
Previous Owner Hightower Charlie M $169,000
Previous Owner Hightower Charlie M $108,800
Previous Owner Hightower Charlie M $44,000
Previous Owner Hightower Charlie M $114,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2016 12/16/16 Sold $321,700 0.0% $299 / Sq Ft
12/14/2016 12/14/16 Pending -- -- --
12/14/2016 12/14/16 For Sale $321,700 -- $299 / 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 $5,775 $373,351 $112,005 $261,346
2023 $5,775 $358,855 $107,656 $251,199
2022 $5,781 $351,820 $105,546 $246,274
2021 $5,723 $344,923 $103,477 $241,446
2020 $5,340 $341,387 $102,416 $238,971
2019 $5,105 $334,694 $100,408 $234,286
2018 $4,378 $328,133 $98,440 $229,693
2017 $4,456 $321,700 $96,510 $225,190
2016 $3,729 $264,769 $79,429 $185,340
2015 $3,810 $260,793 $78,236 $182,557
2014 $3,567 $255,685 $76,704 $178,981
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81633848

MLSListings

APN: 109-680-040