NOT LISTED FOR SALE

2885 Paddock Way San Mateo, CA 94403

Hillsdale Neighborhood

Estimated Value: $1,537,283 - $1,792,000

2 Beds
2.5 Baths
1,390 Sq Ft
$1,163/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $1,580,000 $1,137 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $10,856/month

38 Days on Market

Highlights

  • Two Primary Bedrooms
  • Marble Flooring
  • Stone Countertops
  • George Hall Elementary School Rated A
  • High Ceiling
  • 3-minute walk to Paddock Park

About This Home

As of December 2021

One of the most spectacular Bay Meadows homes! Built in 2015, this 2 bedroom and two and half bath sun drenched townhome with 1390 sq. ft is not to be missed. Open living and dining area with two balconies, marble floors, soaring ceilings & recessed lighting. Spacious white kitchen has Caesarstone counter tops, custom tile backsplash, and stainless steel appliances with seating at the breakfast bar. The premier suite features a large king size bed, walk in closet & en suite bathroom with a double vanity and walk in shower. The second spacious bedroom is ensuite. Enjoy two car garage, ample storage, washer & dryer, and the premier location in the heart of Bay Meadows. Walkable to Blue Bottle Coffee, TinPot Creamery, Whole Foods, Hillsdale Shopping Mall, Fieldworks Brewery, and Caltrain. Close to Highways 101 & 92.

Last Agent to Sell the Property

Casey Sternsmith

Compass License #70016718 Listed on: 09/30/2021

Compass

Last Buyer's Agent

Fiona Yi Shi

Goodview Financial & Real Estate License #02071501

Goodview Financial & Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $24,338

Year Built

  • 2015

Lot Details

  • 6,220

HOA Fees

  • $352 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tandem Parking
  • Garage Door Opener

Home Design

  • Slab Foundation

Interior Spaces

  • 1,390 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Dining Area

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Balcony
  • 6,220 Sq Ft Lot

Community Details

  • Association fees include common area electricity, common area gas, decks, exterior painting, maintenance - common area, maintenance - exterior, maintenance - road, management fee, reserves, roof
  • Brightside And Bay Meadows Association

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$24,338

Year Built

2015

Lot Details

0

HOA Fees

$352 per month

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Townhouse
  • Age: 6
  • Listing Class: Residential
  • Structure Sq Ft: 1390
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2015

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Cooktop - Gas, Countertop - Stone, Dishwasher, Freezer, Garbage Disposal, Hood Over Range, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1390
  • Stories: 3
  • Bedrooms: More Than One Primary Bedroom
  • Laundry: Inside, Upper Floor, Washer / Dryer
  • Flooring: Carpet, Marble, Tile
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Half On Ground Floor, Primary - Stall Shower(s), Shower Over Tub - 1, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Tandem Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 352
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Decks, Exterior Painting, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road, Management Fee, Reserves, Roof
  • HOA Exist: Yes
  • H O A Name Text: Brightside and Bay Meadows

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: San Mateo Union High
  • Elementary School: George Hall Elementary
  • Elementary School: 635

Lot Info

  • Lot Acres: 0.1428
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6219.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6219.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Dec 3, 2021
Sold by
Ngo Kevin and Wang Yue
Bought by
Chen Minyi and Chen Hsiao Wei
Seller's Agent
Casey Sternsmith
Compass
Buyer's Agent
Fiona Yi Shi
Goodview Financial & Real Estate
List Price
$1,450,000
Sold Price
$1,580,000
Premium/Discount to List
$130,000
8.97%
Current Estimated Value
$1,616,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,071
Avg. Annual Appreciation
0.59%
Original Mortgage
$1,185,000
Outstanding Balance
$1,089,597
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$526,474

Purchase Details

Listed on
Sep 15, 2017
Closed on
Oct 13, 2017
Sold by
Panga Avinash and Muppidi Sirisha
Bought by
Ngo Kevin and Wang Yue
Seller's Agent
Casey Sternsmith
Compass
Buyer's Agent
Casey Sternsmith
Compass
List Price
$1,249,000
Sold Price
$1,325,000
Premium/Discount to List
$76,000
6.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.32%
Original Mortgage
$1,060,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 24, 2015
Sold by
Shea Homes Limited Partnership
Bought by
Panga Avinash and Muppidi Sirisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$816,600
Interest Rate
3.97%
Mortgage Type
New Conventional
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
Chen Minyi $1,580,000 Lawyers Title Company
Ngo Kevin $1,325,000 North American Title Co Inc
Panga Avinash $961,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Minyi $1,185,000
Previous Owner Ngo Kevin $1,060,000
Previous Owner Panga Avinash $816,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2021 12/15/21 Sold $1,580,000 +9.0% $1,137 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $1,450,000 0.0% $1,043 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $1,450,000 +9.4% $1,043 / Sq Ft
10/20/2017 10/20/17 Sold $1,325,000 +6.1% $953 / Sq Ft View Prior Sale
09/21/2017 09/21/17 Pending -- -- --
09/15/2017 09/15/17 For Sale $1,249,000 -- $899 / 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 $24,338 $1,676,706 $503,011 $1,173,695
2023 $24,338 $1,560,000 $468,000 $1,092,000
2022 $23,579 $1,580,000 $474,000 $1,106,000
2021 $22,200 $1,392,811 $420,471 $972,340
2020 $21,511 $1,378,530 $416,160 $962,370
2019 $20,877 $1,351,500 $408,000 $943,500
2018 $19,870 $1,325,000 $400,000 $925,000
2017 $15,901 $979,982 $293,994 $685,988
2016 $15,699 $960,768 $288,230 $672,538
Source: Public Records

Agents Affiliated with this Home

  • Casey Sternsmith

    Seller's Agent in 2021

    Casey Sternsmith

    Compass

    (650) 678-5455

    50 in this area

    317 Total Sales

    Casey Sternsmith
    Section Image

  • F

    Buyer's Agent in 2021

    Fiona Yi Shi

    Goodview Financial & Real Estate

    Section Image
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Map

Source: MLSListings

MLS Number: ML81864903

MLSListings

APN: 124-280-030

California San Mateo County San Mateo 94403 Hillsdale

2885 Paddock Way, San Mateo, CA

This home is located at 2885 Paddock Way, San Mateo, CA 94403 since 30 September 2021 and is currently estimated at $1,616,071, approximately $1,162 per square foot. This property was built in 2015. 2885 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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