NOT LISTED FOR SALE

Estimated Value: $925,000 - $1,171,000

2 Beds
2 Baths
1,352 Sq Ft
0.43 Acres

Last Sold July 01, 2014

Last sale price $605,000 $447 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $6,355/month

15 Days on Market

Highlights

  • Primary Bedroom Suite
  • Mountain View
  • Wood Flooring
  • Borel Middle School Rated A-
  • Contemporary Architecture
  • Breakfast Area or Nook

About This Home

As of July 2014

Sophisticated mounds showstopper; the single story spectacular unit has walls of glass with expansive views of the western lushly landscaped hillsides; the glamorous building overlooks the city of San Mateo near the Hillsborough border; it is an extremely posh address; pride of ownership property is on quiet cul-de-sac with no through traffic.

Last Agent to Sell the Property

Deborah Chelini

Coldwell Banker Realty License #01076494 Listed on: 06/07/2014

Coldwell Banker Realty

Last Buyer's Agent

Lisa Feng

BayOne Real Estate Investment Corporation License #01475007

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,797

Year Built

  • Built in 1979

Lot Details

  • 0.43

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Tar and Gravel Roof

Interior Spaces

  • 1,352 Sq Ft Home
  • Wet Bar
  • Window Treatments
  • Formal Entry
  • Dining Room
  • Storage Room
  • Utility Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub

Home Security

  • Security Gate
  • Intercom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Thermostat
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 106-870-020

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include basic telephone, landscaping / gardening, management fee, reserves, roof, sewer, water, common area electricity, common area gas, decks, exterior painting, garbage, gas, insurance - common area
  • 18 Units
  • Pml Management Association
  • Built by Mounds

Amenities

  • Common Utility Room
  • Elevator
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,797

Year Built

Built in 1979

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Age: 35
  • Sale Price Per Sq Ft: 447.49
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Max Numberof Unitsin Building: 25
  • Max Numberof Unitsin Complex: 18
  • Min Numberof Unitsin Complex: 18
  • Structure Sq Ft: 1352
  • Complex Name: Mounds
  • Incorporated: Yes
  • Map Book Page: 748
  • Map Side Coordinate: 1
  • Map Top Coordinate: H
  • Thomas Bros Page: 748
  • Thomas Brothers: H1
  • Year Built: 1979
  • Zoning Description: R5
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: No Formal Dining Room, Breakfast Nook
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Ovens - 2+, Oven - Self Cleaning, Oven - Built-In, 220 Volt Outlet
  • Living Sq Ft: 1352
  • Security: Security Gate
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Laundry Facility - Coin-Op
  • Flooring: Carpet - Wall to Wall, Hardwood, Vinyl / Linoleum
  • Additional Rooms: Formal Entry, Storage, Utility Room
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Tubs - 2+, No Stall Shower

Exterior Features

  • Roof: Tar and Gravel
  • View: Mountains, Local/Neighborhood

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking

Utilities

  • Heating System: Forced Air, Gas

Condo/Co-op/Association

  • HOA Fees: 388
  • HOA Amenities: Common Utility Room, Additional Storage, Elevator
  • HOA Documents: Articles of Incorporation, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Basic Telephone, Landscaping / Gardening, Management Fee, Reserves, Roof, Sewer, Water, Common Area Electricity, Common Area Gas, Decks, Exterior Painting, Garbage, Gas, Insurance - Common Area
  • H O A Name Text: PML Management
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Wet Bar

Schools

  • School District: San Mateo Union High

Lot Info

  • Parcel Number: 106-870-020
  • Lot Location: Cul-de-Sac
  • List Price per Sq Ft: 443.05
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 18547.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 18547.00
  • Lot Size Area Min Search: 18547.00
  • Maximum Lot Size: 18547.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Thermostat Controller

Multi Family

  • Maximum Building Height: 8
  • Minimum Building Height: 4

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2014
Closed on
Jun 23, 2014
Sold by
Raoufi Fahimeh
Bought by
The Wu Family Trust
Seller's Agent
Deborah Chelini
Coldwell Banker Realty
Buyer's Agent
Lisa Feng
BayOne Real Estate Investment Corporation
List Price
$599,000
Sold Price
$605,000
Premium/Discount to List
$6,000
1%
Current Estimated Value
$1,044,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,633
Avg. Annual Appreciation
4.97%

Purchase Details

Closed on
Feb 6, 2006
Sold by
Doney Christopher and Raoufi Fahimeh
Bought by
Raoufi Fahimeh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.2%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 5, 2003
Sold by
Frank Michael T and Frank Miwa E
Bought by
Doney Christopher and Raoufi Fahimeh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 1999
Sold by
Rategan Edward H Tr and Rategan Charles M
Bought by
Frank Michael T and Frank Miwa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,680
Interest Rate
7.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 1997
Sold by
Rategan Edward H
Bought by
Rategan Edward H

Purchase Details

Closed on
Sep 1, 1994
Sold by
Rategan Edward H
Bought by
Rategan Edward H and Rategan Charles M
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
The Wu Family Trust $605,000 First American Title Company
Raoufi Fahimeh -- First American Title
Doney Christopher $411,000 North American Title Company
Frank Michael T $320,000 Chicago Title Insurance Co
Rategan Edward H -- --
Rategan Edward H -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raoufi Fahimeh $417,000
Previous Owner Doney Christopher $322,700
Previous Owner Frank Michael T $287,680
Closed Doney Christopher $47,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2014 07/01/14 Sold $605,000 +1.0% $447 / Sq Ft
06/22/2014 06/22/14 Pending -- -- --
06/07/2014 06/07/14 For Sale $599,000 -- $443 / 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 $9,797 $727,112 $218,132 $508,980
2023 $9,797 $698,878 $209,662 $489,216
2022 $9,470 $685,175 $205,551 $479,624
2021 $9,260 $671,741 $201,521 $470,220
2020 $8,890 $664,854 $199,455 $465,399
2019 $8,579 $651,819 $195,545 $456,274
2018 $8,190 $639,039 $191,711 $447,328
2017 $7,699 $626,509 $187,952 $438,557
2016 $7,736 $614,225 $184,267 $429,958
2015 $7,432 $605,000 $181,500 $423,500
2014 $5,859 $476,685 $143,003 $333,682
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81420244

MLSListings

APN: 106-870-020