NOT LISTED FOR SALE

Estimated Value: $2,002,000 - $2,552,004

5 Beds
3 Baths
2,470 Sq Ft
$951/Sq Ft Est. Value

Last Sold January 20, 2019

Last sale price $1,725,000 $698 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $14,743/month

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Dining Area
  • George Hall Elementary School Rated A
  • Forced Air Heating System
  • Wood Burning Fireplace

About This Home

As of January 2019

This home is located at 29 Otay Ave, San Mateo, CA 94403 since 20 January 2019 and is currently estimated at $2,348,251, approximately $950 per square foot. This property was built in 1951. 29 Otay Ave is a home located in San Mateo County with nearby schools including George Hall Elementary School, Abbott Middle School, and Hillsdale High School.

Last Agent to Sell the Property

Dennis Murphy

Golden Gate Sotheby's International Realty License #01741159 Listed on: 01/20/2019

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Kimberly Birdsall

KW Advisors License #01292102

KW Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,677

Year Built

  • Built in 1951

Lot Details

  • 5,301 Sq Ft Lot
  • Zoning described as R10006

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 2,470 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Area
  • Crawl Space

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 040-091-080

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,677

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 68
  • Listing Class: Residential
  • Structure Sq Ft: 2470
  • Incorporated: Yes
  • Year Built: 1951
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Living Sq Ft: 2470
  • Stories: 1
  • Flooring: Hardwood, Tile
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: San Mateo Union High

Lot Info

  • Parcel Number: 040-091-080
  • Lot Acres: 0.1217
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5300.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5300.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2019
Closed on
Jan 10, 2019
Sold by
Liavore Diane and Maria E Courto Trust
Bought by
Shankar Ramesh and Srinivasan Gayathri
Seller's Agent
Dennis Murphy
Golden Gate Sotheby's International Realty
Buyer's Agent
Kimberly Birdsall
KW Advisors
List Price
$1,725,000
Sold Price
$1,725,000
Current Estimated Value
$2,348,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$623,251
Avg. Annual Appreciation
4.76%
Original Mortgage
$1,293,750
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2004
Sold by
Couto Maria E
Bought by
Couto Maria E and Trust Of Maria E Couto
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shankar Ramesh $1,725,000 Fidelity National Title Co
Couto Maria E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shankar Ramesh $1,255,000
Closed Shankar Ramesh $1,261,500
Closed Shankar Ramesh $1,293,750
Previous Owner Couto Maria E $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2019 01/20/19 Sold $1,725,000 0.0% $698 / Sq Ft
01/20/2019 01/20/19 Pending -- -- --
01/20/2019 01/20/19 For Sale $1,725,000 -- $698 / 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 $23,677 $1,924,265 $1,227,068 $697,197
2023 $23,677 $1,849,545 $1,179,420 $670,125
2022 $22,976 $1,813,281 $1,156,295 $656,986
2021 $22,545 $1,777,727 $1,133,623 $644,104
2020 $21,325 $1,759,500 $1,122,000 $637,500
2019 $2,633 $121,413 $26,324 $95,089
2018 $2,021 $119,033 $25,808 $93,225
2017 $1,815 $116,700 $25,302 $91,398
2016 $1,807 $114,412 $24,806 $89,606
2015 $1,740 $112,695 $24,434 $88,261
2014 $1,723 $110,489 $23,956 $86,533
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81735914

MLSListings

APN: 040-091-080