NOT LISTED FOR SALE

2865 Paddock Way San Mateo, CA 94403

Hillsdale Neighborhood

Estimated Value: $1,547,507 - $1,657,000

2 Beds
2.5 Baths
1,390 Sq Ft
$1,141/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $1,600,000 $1,151 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $10,783/month

5 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Park or Greenbelt View
  • George Hall Elementary School Rated A
  • Modern Architecture
  • 3-minute walk to Paddock Park

About This Home

As of August 2021

NEWER-CONSTRUCTION URBAN TOWNHOME AT BAY MEADOWS | Modern urban townhome on a serene street, moments from parks, shopping, top schools and more. Well-appointed kitchen cabinets, stylish bathrooms, hardwood floors, and energy-efficient windows enhance bright, versatile interiors that are ready for your enjoyment. Enjoy a spacious great room, eat-in kitchen with modern appliances and abundant storage, private balcony, stylish bathrooms, and well-appointed bedrooms. Outdoors, located within a short stroll to Bay Meadows Park and Paddock Park for play, picnic and relaxation. Includes oversized laundry appliances, lots of storage, an attached two-car garage, and more. Excellent proximity to transit, shopping and dining, and sought-after San Mateo-Foster City schools like Hillsdale High, Abbot Middle and George Hall Elementary (buyer to verify attendance).

Last Agent to Sell the Property

Julie Tsai Law

Compass License #01339682 Listed on: 07/15/2021

Compass

Last Buyer's Agent

Casey Sternsmith

Compass License #70016718

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $23,746

Year Built

  • 2015

Lot Details

  • 6,595

HOA Fees

  • $352 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tandem Parking

Property Views

  • Park or Greenbelt
  • Neighborhood

Home Design

  • Modern Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Ceiling Insulation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,390 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Combination Dining and Living Room

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat
  • Tankless Water Heater

Additional Features

  • Energy-Efficient Insulation
  • Balcony
  • 6,595 Sq Ft Lot

Community Details

Overview

  • Association fees include common area electricity, common area gas, insurance - common area, maintenance - common area, maintenance - exterior, management fee
  • 80 Units
  • Brightside Hoa/Bay Meadows Community Ass Association

Amenities

  • Community Barbecue Grill

Recreation

  • Community Playground

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$23,746

Year Built

2015

Lot Details

0

HOA Fees

$352 per month

Parking

2

Listing Details

  • Zoning: R
  • Subclass: Townhouse
  • Style: Modern / High Tech
  • Restrictions: Pets - Allowed
  • Age: 6
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 80
  • Structure Sq Ft: 1390
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2015

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area In Living Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Refrigerator
  • Living Sq Ft: 1390
  • Stories: 3
  • Security: Fire Alarm, Fire System - Sprinkler
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Wood
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Shower Over Tub - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Neighborhood, Park
  • Yard/Grounds: Balcony / Patio
  • Construction Type: Stucco, Wood Frame

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Complex Name: Brightside Bay Meadows
  • HOA Fees: 352
  • HOA Amenities: Bbq Area, Playground
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Insurance - Common Area, Maintenance - Common Area, Maintenance - Exterior, Management Fee
  • HOA Exist: Yes
  • H O A Name Text: Brightside HOA/Bay Meadows Community Ass

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Acres: 0.1514
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6597.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6597.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Energy Star Appliances, Low Flow Toilet, Tankless Water Heater, Thermostat Controller, Walls Insulated

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Aug 11, 2021
Sold by
Chen Alexander Yu Jung and Chen Gloria Szu
Bought by
Jiang Hua and Feng Min
Seller's Agent
Julie Tsai Law
Compass
Buyer's Agent
Casey Sternsmith
Compass
List Price
$1,450,000
Sold Price
$1,600,000
Premium/Discount to List
$150,000
10.34%
Current Estimated Value
$1,586,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,623
Avg. Annual Appreciation
-0.04%
Original Mortgage
$800,000
Outstanding Balance
$730,580
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$866,894
Source: Public Records

Range of Values:

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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
Jiang Hua $1,608,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Hua $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2021 08/16/21 Sold $1,600,000 +10.3% $1,151 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $1,450,000 -- $1,043 / 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 $23,746 $1,475,000 $442,000 $1,033,000
2023 $23,746 $1,560,000 $468,000 $1,092,000
2022 $23,833 $1,608,000 $482,400 $1,125,600
2021 $18,515 $1,038,413 $311,523 $726,890
2020 $17,418 $1,027,766 $308,329 $719,437
2019 $16,910 $1,007,615 $302,284 $705,331
2018 $16,239 $987,858 $296,357 $691,501
2017 $15,728 $968,490 $290,547 $677,943
2016 $15,508 $949,500 $284,850 $664,650
Source: Public Records

Agents Affiliated with this Home

  • Julie Tsai Law

    Seller's Agent in 2021

    Julie Tsai Law

    Compass

    (650) 799-8888

    1 in this area

    127 Total Sales

    Julie Tsai Law
    Section Image
  • Casey Sternsmith

    Buyer's Agent in 2021

    Casey Sternsmith

    Compass

    (650) 678-5455

    49 in this area

    320 Total Sales

    Casey Sternsmith
    Section Image
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Map

Source: MLSListings

MLS Number: ML81853713

MLSListings

APN: 124-300-010

California San Mateo County San Mateo 94403 Hillsdale

2865 Paddock Way, San Mateo, CA

This home is located at 2865 Paddock Way, San Mateo, CA 94403 since 15 July 2021 and is currently estimated at $1,586,377, approximately $1,141 per square foot. This property was built in 2015. 2865 Paddock Way 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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