$423,200
SOLD DEC 18, 2024
1 Bed
1 Bath
777 Sq Ft
$575/mo HOA Fee

Recently Sold

$545 Per Sq Ft

Highlights

  • In Ground Pool
  • Below Market Rate Unit
  • Clubhouse
  • San Mateo High School Rated A+
  • Gated Community
  • Loft

About This Home

As of December 2024

SPECTACULAR CONDOMINIUM LOCATED IN DOWNTOWN SAN MATEO IN WELL MAINTAINED GATEWAY COMMONS COMPLEX. THIS TOP FLOOR END-UNIT BOASTS 1 BEDROOM, 1 BATHROOM, GENNEROUSLY SIZED LOFT WITH A WALK-IN CLOSET, HIGH CELINGS, DUAL PANE WINDOWS THROUGHOUT, WOOD BURNING FIREPLACE IN THE LIVING ROOM, UTILITY CLOSET WITH STACKABLE WASHER/DRYER UNIT, PRIVATE BALCONY WITH EXTRA STORAGE OVERLOOKING THE POOL & (1) ASSIGNED PARKING SPACE IN THE COMMON AREA GARAGE! COMPLEX AMENITIES INCLUDE POOL, CLUBHOUSE, GATED PERIMETER, ELEVATOR &TRASH CHUTE. WALKING DISTANCE TO CALTRAIN, SHOPPING, RESTAURANTS, MOVIE THEATER & FREEWAY. GREAT OPPORTUNITY FOR FIRST 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: 12/18/2024

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Renee Daskalakis

Golden Gate Sotheby's International Realty License #01111348 Listed on: 12/18/2024

Golden Gate Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,519

Year Built

  • Built in 1989

Lot Details

  • Security Fence
  • Property is Fully Fenced

HOA Fees

  • $575 Monthly HOA Fees

Parking

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

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 777 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Intercom

Kitchen

  • Electric Oven
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Pool

Utilities

  • Zoned Heating

Listing and Financial Details

  • Below Market Rate Unit
  • Assessor Parcel Number 109-680-170

Community Details

Overview

  • Association fees include common area electricity, exterior painting, fencing, garbage, hot water, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, reserves, roof, water
  • 96 Units
  • Gateway Commons Owners Association
  • Built by Gateway Commons

Amenities

  • Trash Chute
  • Clubhouse
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,519

Year Built

Built in 1989

Lot Details

0

HOA Fees

$575 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Restrictions: Below Market Rate Unit, Pets - Allowed
  • Age: 35
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 96
  • Min Numberof Unitsin Complex: 96
  • Structure Sq Ft: 777
  • Complex Name: Gateway Commons
  • Incorporated: Yes
  • Year Built: 1989
  • Zoning Description: R4000D
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining "L", No Formal Dining Room
  • Kitchen: Countertop - Formica, Dishwasher, Garbage Disposal, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 777
  • Stories: 2
  • Security: Fire Alarm, Fire System - Sprinkler, Secured Garage / Parking, Security Fence
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Additional Rooms: Loft
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Community Facility, Pool - In Ground
  • Roof: Composition
  • Pool: Yes
  • Fencing: Complete Perimeter

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, Parking Restrictions

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 575
  • HOA Amenities: Club House, Community Pool, Community Security Gate, Elevator, Trash Chute
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Fencing, Garbage, Hot Water, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, or Tennis, Reserves, Roof, Water
  • H O A Name Text: Gateway Commons Owners Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: San Mateo Union High

Lot Info

  • Parcel Number: 109-680-170

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 4
  • Minimum Building Height: 4

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2024
Closed on
Dec 11, 2024
Sold by
Cobb Darlyn P
Bought by
Zamoraalas Kevin Arcenio and Celis Paola Amparo
Seller's Agent
Renee Daskalakis
Golden Gate Sotheby's International Realty
Buyer's Agent
Renee Daskalakis
Golden Gate Sotheby's International Realty
List Price
$423,200
Sold Price
$423,200
Current Estimated Value
$483,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,758
Avg. Annual Appreciation
21.12%
Original Mortgage
$50,000
Outstanding Balance
$49,696
Interest Rate
6.79%
Estimated Equity
$434,262

Purchase Details

Closed on
Dec 1, 2005
Sold by
Thourson Susan K
Bought by
Cobb Darlyn P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2001
Sold by
Nance Rita D
Bought by
Thourson Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 1994
Sold by
Keegan John Joseph
Bought by
Nance Rita D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
8.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $423,500 Old Republic Title
Grant Deed $423,500 Old Republic Title
Grant Deed $240,000 Old Republic Title Company
Grant Deed $206,500 Old Republic Title Company
Grant Deed $165,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 No Value Available
Closed $50,000 No Value Available
Open $351,256 New Conventional
Closed $351,256 New Conventional
Previous Owner $189,385 New Conventional
Previous Owner $156,200 New Conventional
Previous Owner $22,072 Unknown
Previous Owner $50,000 Purchase Money Mortgage
Previous Owner $139,000 Unknown
Previous Owner $140,000 Purchase Money Mortgage
Previous Owner $114,000 Purchase Money Mortgage
Closed $50,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2024 12/18/24 Sold $423,200 0.0% $545 / Sq Ft
12/18/2024 12/18/24 Pending -- -- --
12/18/2024 12/18/24 For Sale $423,200 -- $545 / 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 $4,519 $423,500 $127,050 $296,450
2023 $4,519 $249,554 $74,862 $174,692
2022 $4,563 $244,662 $73,395 $171,267
2021 $4,521 $239,865 $71,956 $167,909
2020 $4,176 $237,407 $71,219 $166,188
2019 $3,967 $232,753 $69,823 $162,930
2018 $3,260 $228,190 $68,454 $159,736
2017 $3,270 $223,716 $67,112 $156,604
2016 $3,216 $219,331 $65,797 $153,534
2015 $3,308 $216,037 $64,809 $151,228
2014 $3,077 $211,806 $63,540 $148,266
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81988755

MLSListings

APN: 109-680-170