NOT LISTED FOR SALE

Estimated Value: $3,692,130 - $4,041,000

3 Beds
2.5 Baths
2,450 Sq Ft
$1,561/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $3,700,000 $1,510 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $21,188/month

5 Days on Market

Highlights

  • Marble Bathroom Countertops
  • Formal Dining Room
  • Forced Air Heating and Cooling System
  • Borel Middle School Rated A-
  • 2 Car Detached Garage
  • Separate Family Room

About This Home

As of September 2023

This stunning and well appointed single level property sits atop a large, flat lot in a prime location within prestigious San Mateo Park. Showcasing high end finishes and custom details throughout, the home exudes a stately and dramatic elegance, yet remains highly functional for daily life and entertaining thanks to a perfectly reconfigured layout. The home has been substantially renovated over the past few years with thoughtful touches to nearly every surface. The ideal layout offers 3 Bedrooms and 2 full, remodeled bathrooms, which includes a stunning primary suite with walk-in closet, newly added 1/2 bathroom, formal living and dining rooms, butler pantry, office area and breathtakingly renovated kitchen/family room combo that leads to an expansive deck and yard. Seller has completed plans for a new ADU.

Last Agent to Sell the Property

Jeffrey Harber

Compass License #01779765 Listed on: 08/10/2023

Compass

Co-Listed By

Maureen Harber

Compass License #00963965

Last Buyer's Agent

Ellen Mazzoni

Compass License #00911540

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 9,736 Sq Ft Lot
  • Level Lot
  • Zoning described as R10010

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,450 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Marble Bathroom Countertops
  • Dual Sinks

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 032-032-070

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2450
  • Year Built: 1924
  • Zoning Description: R10010
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 2450
  • Stories: 1
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Marble, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 032-032-070
  • Lot Acres: 0.2235
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9734.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9734.00

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
Aug 10, 2023
Closed on
Sep 11, 2023
Sold by
Arabian Gary and Arabian Delores
Bought by
Cory S Ferrara Survivors Trust and Ferrara
Seller's Agent
Jeffrey Harber
Compass
Buyer's Agent
Ellen Mazzoni
Compass
List Price
$3,598,000
Sold Price
$3,700,000
Premium/Discount to List
$102,000
2.83%
Views
40
Current Estimated Value
$3,824,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,783
Avg. Annual Appreciation
1.41%
Original Mortgage
$2,000,000
Outstanding Balance
$1,957,103
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$1,867,680

Purchase Details

Listed on
Jul 6, 2018
Closed on
Jul 19, 2018
Sold by
Gimbel Arthur D and Gimbel Caroline D
Bought by
Arabian Gary and Arabian Delores
Seller's Agent
Maureen Gilmartin
Gilmartin Group
Buyer's Agent
Maureen Harber
Compass
List Price
$2,895,000
Sold Price
$3,050,000
Premium/Discount to List
$155,000
5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.85%
Original Mortgage
$18,300,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2010
Sold by
Gimbel Arthur D and Gimbel Caroline D
Bought by
Gimbel Arthur D and Gimbel Caroline D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cory S Ferrara Survivors Trust $3,700,000 Wfg National Title
Arabian Gary $3,050,000 North American Title Co Inc
Gimbel Arthur D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cory S Ferrara Survivors Trust $2,000,000
Previous Owner Arabian Gary $18,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2023 09/15/23 Sold $3,700,000 +2.8% $1,510 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $3,598,000 +18.0% $1,469 / Sq Ft
08/03/2018 08/03/18 Sold $3,050,000 +5.4% $1,245 / Sq Ft View Prior Sale
07/14/2018 07/14/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $2,895,000 -- $1,182 / 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 $15,678 $1,256,999 $644,850 $612,149
2023 $15,678 $3,270,213 $2,251,623 $1,018,590
2022 $37,999 $3,206,092 $2,207,474 $998,618
2021 $37,861 $3,143,229 $2,164,191 $979,038
2020 $36,606 $3,111,000 $2,142,000 $969,000
2019 $35,294 $3,050,000 $2,100,000 $950,000
2018 $6,172 $457,835 $179,147 $278,688
2017 $5,915 $448,859 $175,635 $273,224
2016 $5,812 $440,059 $172,192 $267,867
2015 $5,756 $433,450 $169,606 $263,844
2014 $5,717 $424,960 $166,284 $258,676
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81937869

MLSListings

APN: 032-032-070