NOT LISTED FOR SALE

2425 S Norfolk St Unit 305 San Mateo, CA 94403

Lakeshore Neighborhood

Estimated Value: $783,000 - $937,000

2 Beds
2 Baths
1,000 Sq Ft
$495/mo HOA Fee

Last Sold July 24, 2017

Last sale price $770,000 $770 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,027/month

11 Days on Market

Highlights

  • Unit is on the top floor
  • Primary Bedroom Suite
  • Garden View
  • Parkside Montessori (PK-8) Rated A
  • 0.88 Acre Lot
  • Recreation Facilities

About This Home

As of July 2017

Lovely, sunlit, top-floor 2BR/2BA unit situated at the back of the complex. Enjoy views of the greenbelt and treetops. Freshly painted, cleaned carpets, and staged to highlight this unit's fabulous features. Open living room with cozy fireplace and a separate dining area both offer deck access. Crisp white kitchen with plenty of cabinet and countertop space. Master suite with own bathroom and walk-in closet, second bedroom across the LR with 2nd bathroom next to it. Convenient in-unit laundry area with washer and dryer, additional storage closets too. Gated building and parking for peace-of-mind. Ideally located near shopping, parks, dining, and freeway access for commuting. Be sure not to miss this wonderful opportunity!

Last Agent to Sell the Property

Danielle Petty

Coldwell Banker Realty License #01267004 Listed on: 06/16/2017

Coldwell Banker Realty

Last Buyer's Agent

Alexandra Zhou

Morgan Real Estate License #01949466

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,467

Year Built

  • Built in 1988

Lot Details

  • 0.88

HOA Fees

  • $495 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Electric Gate
  • Secured Garage or Parking
  • Off-Street Parking

Property Views

  • Garden
  • Neighborhood

Home Design

  • Stucco

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Area

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Utilities

  • Radiant Heating System
  • Individual Gas Meter
  • Cable TV Available

Additional Features

  • Balcony
  • Northeast Facing Home
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 109-600-050

Community Details

Overview

  • Association fees include common area electricity, exterior painting, garbage, insurance - common area, landscaping / gardening, maintenance - common area, management fee, reserves, water
  • 31 Units
  • San Mateo Bay Hoa/Cims Management Association
  • Built by San Mateo Bay Condominiums

Recreation

  • Recreation Facilities

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,467

Year Built

Built in 1988

Lot Details

0

HOA Fees

$495 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Style: Unknown
  • Restrictions: Pets - Cats Permitted, Pets - Dogs Permitted, Pets - Number Restrictions
  • Age: 29
  • Listing Class: Residential
  • Maximum Unit Floor Number: 3
  • Max Numberof Unitsin Building: 31
  • Min Numberof Unitsin Complex: 31
  • Structure Sq Ft: 1000
  • Complex Name: San Mateo Bay Condominiums
  • Year Built: 1988
  • Zoning Description: R30000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Countertop - Other, Dishwasher, Garbage Disposal, Microwave, Oven - Electric, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1000
  • Stories: 1
  • Security: Fire System - Sprinkler, Secured Garage / Parking, Security Building
  • Bedrooms: Primary Suite / Retreat, Walk-in Closet
  • Laundry: Dryer, Inside, Washer
  • Flooring: Carpet, Laminate, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Primary - Stall Shower(s), Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • View: Garden / Greenbelt, Neighborhood
  • Yard/Grounds: Balcony / Patio
  • Property Faces: Northeast
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Electric Gate, Off-Street Parking, Underground Parking

Utilities

  • Heating System: Electric, Radiant
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 495
  • HOA Amenities: Recreation Room
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Management Fee, Reserves, Water
  • H O A Name Text: San Mateo Bay HOA/CIMS Management
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 109-600-050
  • Lot Acres: 0.8814
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 38396.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 38396.00
  • Soil: Unknown

Multi Family

  • Utilities: Individual Gas Meters, Public Utilities
  • Maximum Building Height: 3
  • Minimum Building Height: 3
  • Unit Features: Top Floor or Penthouse, Unit Faces Common Area

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2017
Closed on
Jul 19, 2017
Sold by
Prohaszka Melinda M
Bought by
Liu Zhixiang and Gu Yehong
Seller's Agent
Danielle Petty
Coldwell Banker Realty
Buyer's Agent
Alexandra Zhou
Morgan Real Estate
List Price
$695,000
Sold Price
$770,000
Premium/Discount to List
$75,000
10.79%
Current Estimated Value
$839,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,838
Avg. Annual Appreciation
1.08%
Original Mortgage
$616,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 27, 2006
Sold by
Remedios Timothy L and Remedios Teresa M
Bought by
Prohaszka Melinda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2005
Sold by
Park Henry
Bought by
Remedios Timothy L and Remedios Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 18, 2000
Sold by
Davidson Lorren M
Bought by
Park Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 1998
Sold by
Michael Da Dalto and Michael Sharon L
Bought by
Davidson Lorren M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.18%
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
Liu Zhixiang $770,000 North American Title Co Inc
Prohaszka Melinda M $500,000 Stewart Title Of California
Remedios Timothy L $488,000 Chicago Title Insurance Co
Park Henry $382,500 Old Republic Title Company
Davidson Lorren M $205,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Zhi Xi Ang $566,000
Closed Liu Zhixiang $574,000
Closed Liu Zhixiang $616,000
Previous Owner Prohaszka Melinda M $400,000
Previous Owner Remedios Timothy L $338,000
Previous Owner Park Henry J $100,000
Previous Owner Park Henry $253,500
Previous Owner Park Henry $252,900
Previous Owner Park Henry $250,000
Previous Owner Davidson Lorren M $164,000
Closed Davidson Lorren M $20,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2017 07/24/17 Sold $770,000 +10.8% $770 / Sq Ft
06/28/2017 06/28/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $695,000 -- $695 / 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 $11,467 $876,122 $262,835 $613,287
2023 $11,467 $842,103 $252,630 $589,473
2022 $11,506 $825,592 $247,677 $577,915
2021 $11,466 $809,405 $242,821 $566,584
2020 $10,590 $801,107 $240,332 $560,775
2019 $10,203 $785,400 $235,620 $549,780
2018 $9,620 $770,000 $231,000 $539,000
2017 $7,212 $577,196 $173,157 $404,039
2016 $7,030 $565,879 $169,762 $396,117
2015 $6,369 $500,000 $149,500 $350,500
2014 $6,253 $500,000 $149,500 $350,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81656372

MLSListings

APN: 109-600-050