NOT LISTED FOR SALE

2827 Olivares Ln San Mateo, CA 94403

Hillsdale Neighborhood

Estimated Value: $1,584,000 - $1,677,681

3 Beds
3 Baths
1,558 Sq Ft
$1,042/Sq Ft Est. Value

Last Sold September 23, 2019

Last sale price $1,570,000 $1,008 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $11,332/month

6 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Granite Countertops
  • George Hall Elementary School Rated A
  • High Ceiling
  • 5-minute walk to Bay Meadows Park

About This Home

As of September 2019

This stunning contemporary townhouse is situated in the chic and highly sought-after Bay Meadows community in the heart of San Mateo. Built-in 2013 by Shea Homes, the nations premier high-end residential builder, this tri-level townhome lacks nothing with its high ceilings, recessed LED lighting, rich hardwood floors, 2-zones central air-conditioning and heating, upgraded security system, abundant storage, 2 car garage, Rinnai tankless water heater, and many designer details.Prepare to be amazed when you walk into the sun-filled main level, which offers an expansive open-concept floor plan; gourmet chef's kitchen with granite countertops, high-end custom cabinetry and top of the line stainless steel appliances; generous sized pantry; a full dining area; warm and inviting living/family room combination' full-size bedroom with full bathroom and walk-in closet; and a quaint front balcony to enjoy a morning coffee.

Last Agent to Sell the Property

Sam Kaykin

Golden Gate Sotheby's International Realty License #01271720 Listed on: 08/16/2019

Last Buyer's Agent

Sam Kaykin

Golden Gate Sotheby's International Realty License #01271720 Listed on: 08/16/2019

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $25,603

Year Built

  • Built in 2013

Lot Details

  • 7,706 Sq Ft Lot

HOA Fees

  • $284 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,558 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Family or Dining Combination
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Individual Gas Meter

Community Details

  • Association fees include common area electricity, exterior painting, fencing, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, maintenance - road, management fee, reserves, roof, water / sewer
  • 93 Units
  • Landsdowne Homeowners Association

Listing and Financial Details

  • Assessor Parcel Number 123-950-040

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$25,603

Year Built

Built in 2013

Lot Details

0

HOA Fees

$284 per month

Parking

2

Listing Details

  • Subclass: Townhouse
  • Style: Contemporary
  • Age: 6
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 93
  • Structure Sq Ft: 1558
  • Incorporated: Yes
  • Year Built: 2013
  • Zoning Description: Unknown
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Dining Room: Dining Area in Family Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Hood Over Range, Oven - Gas, Pantry, Refrigerator
  • Living Sq Ft: 1558
  • Stories: 3
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 284
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Fencing, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road, Management Fee, Reserves, Roof, Water / Sewer
  • H O A Name Text: Landsdowne Homeowners 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: 123-950-040
  • Lot Acres: 0.1769
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7707.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7707.00

Multi Family

  • Utilities: Individual Gas Meters
  • Unit Features: Tri Level Unit

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2019
Closed on
Sep 4, 2019
Sold by
Merchant Suhail M and Gadiwala Simi Salim
Bought by
Deshmukh Satyajit Sanjeev and Karandikar Asmita
Seller's Agent
Sam Kaykin
Golden Gate Sotheby's International Realty
Buyer's Agent
Sam Kaykin
Golden Gate Sotheby's International Realty
List Price
$1,480,000
Sold Price
$1,570,000
Premium/Discount to List
$90,000
6.08%
Current Estimated Value
$1,635,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,924
Avg. Annual Appreciation
1.01%
Original Mortgage
$1,256,000
Outstanding Balance
$1,082,313
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$583,219

Purchase Details

Closed on
Oct 22, 2015
Sold by
Merchant Suhail M and Gadiwala Simi Salim
Bought by
The Suhail Merchant & Simi Gadiwala Livi

Purchase Details

Closed on
Oct 31, 2013
Sold by
Shea Homes Inc
Bought by
Merchant Suhail M and Gadiwala Simi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Deshmukh Satyajit Sanjeev $1,570,000 Old Republic Title Company
The Suhail Merchant & Simi Gadiwala Livi -- None Available
Merchant Suhail M $839,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deshmukh Satyajit Sanjeev $1,256,000
Previous Owner Merchant Suhail M $394,600
Previous Owner Merchant Suhail M $609,000
Previous Owner Merchant Suhail M $55,000
Previous Owner Merchant Suhail M $618,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2019 09/23/19 Sold $1,570,000 +6.1% $1,008 / Sq Ft
08/22/2019 08/22/19 Pending -- -- --
08/16/2019 08/16/19 For Sale $1,480,000 -- $950 / 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 $25,603 $1,717,018 $515,105 $1,201,913
2023 $25,603 $1,650,346 $495,103 $1,155,243
2022 $24,571 $1,617,988 $485,396 $1,132,592
2021 $25,199 $1,586,264 $475,879 $1,110,385
2020 $24,360 $1,570,000 $471,000 $1,099,000
2019 $16,887 $922,399 $276,718 $645,681
2018 $16,204 $904,314 $271,293 $633,021
2017 $15,666 $886,583 $265,974 $620,609
2016 $15,633 $869,200 $260,759 $608,441
2015 $15,215 $856,145 $256,843 $599,302
2014 $14,646 $839,375 $251,812 $587,563
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Sam Kaykin

    Golden Gate Sotheby's International Realty

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Map

Source: MLSListings

MLS Number: ML81762966

MLSListings

APN: 123-950-040

California San Mateo County San Mateo 94403 Hillsdale

2827 Olivares Ln, San Mateo, CA

This home is located at 2827 Olivares Ln, San Mateo, CA 94403 since 16 August 2019 and is currently estimated at $1,623,420, approximately $1,041 per square foot. This property was built in 2013. 2827 Olivares Ln is a home located in San Mateo County with nearby schools including George Hall Elementary School, Abbott Middle School, and Hillsdale High School.

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