NOT LISTED FOR SALE

Estimated Value: $997,000 - $1,599,000

2 Beds
2 Baths
1,352 Sq Ft
$898/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $1,100,000 $814 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,733/month

Highlights

  • 0.43 Acre Lot
  • Breakfast Area or Nook
  • Guest Parking
  • Borel Middle School Rated A-
  • Fireplace
  • Forced Air Heating System

About This Home

As of December 2017

Premier penthouse condominium on the highly prized Mounds Road. As you enter this exquisite top floor unit, you are immediately met with ample natural light and lofty ceilings reaching as high as 12 feet with views facing west out towards the lush trees of Hillsborough and San Mateo Park. This condominium's great light is contrasted with the warmth of newly installed dark hardwoods, upgraded kitchen with stainless steel appliances, granite counter tops. This home includes two spacious bedrooms and bathrooms with the ensuite master bedroom including custom walk in closet, and views that extend out towards the San Francisco Bay. This 18 unit condominium building is in the perfect location close to both downtown San Mateo and downtown Burlingame, however tucked away enough to escape the hustle of the Peninsula amongst the quiet on The Mounds.

Last Agent to Rent the Property

Rico Bautista

RE/MAX Gold Redwood Shores. License #00898958 Listed on: 11/12/2017

RE/MAX Gold Redwood Shores.

Last Renter's Agent

Rico Bautista

RE/MAX Gold Redwood Shores. License #00898958 Listed on: 11/12/2017

RE/MAX Gold Redwood Shores.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $15,589

Year Built

  • 1979

Lot Details

  • 0.43

Parking

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

Interior Spaces

  • 1,352 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Dining Area
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 0.43 Acre Lot
  • Forced Air Heating System

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Security Deposit $4,500
  • Property Available on 11/15/17
  • Rent includes association fees, trash removal
  • 6-Month Minimum Lease Term

Property Details

Home Type

Apartment

Est. Annual Taxes

$15,589

Year Built

1979

Lot Details

0

Parking

1

Rental Info

  • Available: 11/15/2017
  • Lease Terms: Credit Report Required
  • Minimum Lease Months: 6
  • Rent Includes: Association Fees, Trash Removal
  • Security Deposit: 4500

Listing Details

  • Subclass: Apartment/Condo For Rent
  • Age: 38
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 1352
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1979

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Nook, Dining Area
  • Fireplace: Yes
  • Living Sq Ft: 1352
  • Stories: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Assigned Spaces, Covered Parking, Gate / Door Opener, Guest / Visitor Parking

Utilities

  • Heating System: Central Forced Air - Gas

Condo/Co-op/Association

  • HOA Exist: Yes

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Acres: 0.4258
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 18547.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 18547.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2017
Closed on
Sep 11, 2017
Sold by
Lewis Maura A
Bought by
Montemayor James Y
Seller's Agent
Ali Gilmartin
Gilmartin Group
Buyer's Agent
Rico Bautista
RE/MAX Gold Redwood Shores.
List Price
$899,000
Sold Price
$1,100,000
Premium/Discount to List
$201,000
22.36%
Current Estimated Value
$1,213,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,603
Avg. Annual Appreciation
1.22%

Purchase Details

Closed on
Mar 13, 2013
Sold by
Lewis Maura
Bought by
Lewis Maura A

Purchase Details

Closed on
Jun 20, 2012
Sold by
Lewis Maura
Bought by
Lewis Maura

Purchase Details

Closed on
May 28, 2004
Sold by
Lewis Robert L L
Bought by
Lewis Robert L

Purchase Details

Closed on
Jun 20, 1995
Sold by
Ingersoll Charlene R
Bought by
Lewis Robert L L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,334
Interest Rate
7.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 1994
Sold by
Bentley David H and Bentley Dolores A
Bought by
Ingersoll Charlene R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Montemayor James Y $1,100,000 Chicago Title Company
Lewis Maura A -- None Available
Lewis Maura -- None Available
Lewis Robert L -- --
Lewis Robert L L $300,000 American Title Insurance Co
Ingersoll Charlene R $280,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lewis Robert L L $22,334
Previous Owner Ingersoll Charlene R $224,000
Closed Ingersoll Charlene R $42,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2017 12/01/17 Rented $4,000 0.0% --
11/17/2017 11/17/17 Under Contract -- -- --
11/12/2017 11/12/17 For Rent $4,000 0.0% --
09/15/2017 09/15/17 Sold $1,100,000 +22.4% $814 / Sq Ft View Prior Sale
09/01/2017 09/01/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $899,000 -- $665 / 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 $15,589 $1,251,607 $375,481 $876,126
2023 $15,589 $1,203,007 $360,901 $842,106
2022 $15,090 $1,179,420 $353,825 $825,595
2021 $14,805 $1,156,295 $346,888 $809,407
2020 $14,258 $1,144,440 $343,332 $801,108
2019 $13,826 $1,122,000 $336,600 $785,400
2018 $13,348 $1,100,000 $330,000 $770,000
2017 $3,309 $244,827 $49,750 $195,077
2016 $3,429 $240,027 $48,775 $191,252
2015 $3,218 $236,423 $48,043 $188,380
2014 $3,127 $231,792 $47,102 $184,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81684603

MLSListings

APN: 106-870-130