NOT LISTED FOR SALE

Estimated Value: $397,000 - $742,000

2 Beds
1 Bath
919 Sq Ft
$538/mo HOA Fee

Last Sold February 09, 2022

Last sale price $384,000 $418 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,034/month

Highlights

  • Private Pool
  • Below Market Rate Unit
  • Clubhouse
  • San Mateo High School Rated A+
  • Gated Community
  • Elevator

About This Home

As of February 2022

CHARMING 2 BEDROOM/1 BATHROOM CONDOMINIUM IN DOWNTOWN SAN MATEO IN WELL MAINTAINED GATEWAY COMMONS COMPLEX. DELIGHTFUL GROUND FLOOR, END UNIT. FEATURES INCLUDE DUAL PANE WINDOWS THROUGHOUT, UPDATED WOOD CABINETRY IN THE KITCHEN, LAMINATE FLOORING IN THE LIVING ROOM, DINING ROOM & 2ND BEDROOM, LARGE PRIMARY BEDROOM WITH TWO CLOSETS, WOOD BURNING FIREPLACE IN LIVING ROOM, UTILITY CLOSET WITH STACKABLE WASHER/DRYER UNIT, PRIVATE BALCONY WITH LOWER LEVEL PATIO/YARD AREA & (1) ASSIGNED PARKING SPACE IN COMMON AREA GARAGE! COMPLEX AMENITIES INCLUDE POOL, CLUBHOUSE, GATED PERIMETER, ELEVATOR & TRASH CHUTE. WALKING DISTANCE TO CALTRAIN, SHOPPING, RESTAURANTS, MOVIE THEATERD & FREEWAY. GREAT OPPORTUNITY FOR 1ST TIME HOME BUYERS. PROPERTY SOLD THRU THE CITY OF SAN MATEO'S FIRST TIME HOME BUYER PROGRAM. SALE PRICE, INCOME, ASSET, RENTAL & DEED RESTRICTIONS APPLY NOW & UPON FUTURE RESALE. BUYERS MUST MEET ALL ELIGIBILITY CRITERIA TO PURCHASE THROUGH THE PROGRAM.

Last Agent to Sell the Property

Renee Daskalakis

Golden Gate Sotheby's International Realty License #01111348 Listed on: 02/09/2022

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Renee Daskalakis

Golden Gate Sotheby's International Realty License #01111348 Listed on: 02/09/2022

Golden Gate Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,231

Year Built

  • 1989

Lot Details

  • 2.44

HOA Fees

  • $538 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Electric Gate
  • Guest Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 919 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Home Security

Additional Features

  • Private Pool
  • Zoned Heating

Listing and Financial Details

  • Below Market Rate Unit

Community Details

Overview

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

Amenities

  • Trash Chute
  • Clubhouse
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,231

Year Built

1989

Lot Details

0

HOA Fees

$538 per month

Parking

1

Listing Details

  • Zoning: R4000D
  • Subclass: Condominium
  • Restrictions: Below Market Rate Unit, Parking Restrictions, Pets - Allowed, Pets - Number Restrictions
  • Age: 33
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 96
  • Min Numberof Unitsin Complex: 96
  • Structure Sq Ft: 919
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1989

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining "L"
  • Kitchen: Countertop - Formica, Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 919
  • Stories: 1
  • Security: Fire Alarm, Fire System - Sprinkler
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower Over Tub - 1

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating System: Electric, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: GATEWAY COMMONS
  • HOA Fees: 538
  • HOA Amenities: Club House, Community Pool, Community Security Gate, Elevator, Trash Chute
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Fencing, Garbage, Hot Water, Insurance - Common Area, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, Or Tennis, Reserves, Roof, Water
  • HOA Exist: Yes
  • H O A Name Text: GATEWAY COMMONS OWNERS ASSN

Schools

  • School District: San Mateo Union High

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2022
Closed on
Feb 1, 2022
Sold by
Ann Derosa and Ann Carmel
Bought by
Martins Diego Adrian
Seller's Agent
Renee Daskalakis
Golden Gate Sotheby's International Realty
Buyer's Agent
Renee Daskalakis
Golden Gate Sotheby's International Realty
List Price
$384,000
Sold Price
$384,000
Current Estimated Value
$543,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,777
Avg. Annual Appreciation
12.34%
Original Mortgage
$328,975
Outstanding Balance
$306,674
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$270,416

Purchase Details

Listed on
Apr 9, 2012
Closed on
Jun 13, 2012
Sold by
Guerrerro Carolina D and Guerrerro Carla M
Bought by
Derosa Robert and Derosa Carmel Ann
Seller's Agent
Renee Daskalakis
Golden Gate Sotheby's International Realty
Buyer's Agent
Kimberly Birdsall
Better Homes and Gardens Real Estate JFF
List Price
$280,000
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%
Original Mortgage
$216,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2000
Sold by
Chisholm Patrick
Bought by
Guerrero Carla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,900
Interest Rate
10.5%
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
Martins Diego Adrian $384,000 First American Title
Derosa Robert $280,000 First American Title Company
Guerrero Carla -- Old Republic Title Company
Guerrero Carla M $201,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martins Diego Adrian $328,975
Previous Owner Derosa Robert $233,000
Previous Owner Derosa Robert $216,000
Previous Owner Guerrero Carolina $30,000
Previous Owner Guerrero Carla M $156,000
Previous Owner Guerrero Carla M $157,000
Previous Owner Guerrero Carla M $150,900
Closed Guerrero Carla M $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2022 02/09/22 Sold $384,000 0.0% $418 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $384,000 +37.1% $418 / Sq Ft
06/29/2012 06/29/12 Sold $280,000 0.0% $305 / Sq Ft
05/10/2012 05/10/12 Pending -- -- --
04/09/2012 04/09/12 For Sale $280,000 -- $305 / 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 $6,231 $407,503 $122,251 $285,252
2023 $6,231 $391,680 $117,504 $274,176
2022 $4,876 $272,221 $99,418 $172,803
2021 $4,830 $266,884 $97,469 $169,415
2020 $4,475 $264,148 $96,470 $167,678
2019 $4,260 $258,970 $94,579 $164,391
2018 $3,547 $253,893 $92,725 $161,168
2017 $3,555 $248,915 $90,907 $158,008
2016 $3,495 $244,035 $89,125 $154,910
2015 $3,581 $240,371 $87,787 $152,584
2014 $3,915 $286,895 $86,068 $200,827
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81877631

MLSListings

APN: 109-680-050