NOT LISTED FOR SALE

Estimated Value: $703,000 - $1,066,000

2 Beds
2 Baths
1,081 Sq Ft
0.61 Acres

Last Sold October 06, 2016

Last sale price $750,000 $694 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,779/month

7 Days on Market

Highlights

  • Private Pool
  • Gated Community
  • Granite Countertops
  • Highlands Elementary School Rated A-
  • Vaulted Ceiling
  • Balcony

About This Home

As of October 2016

This beautiful home is what you have been waiting for. Spacious and light field condo with vaulted ceilings and nice large balcony. Underground parking, secured Building, elevator and a very well managed amenities is only a few benefits offered in this great location. Walking distance to Laurel Wood Shopping center, close to 92,101 and 280 freeways and close to College of San Mateo and up the hill from Hillsdale Mall. Great Schools.

Last Agent to Sell the Property

Jila Afjei

Corcoran Icon Properties License #01369991 Listed on: 09/08/2016

Last Buyer's Agent

Charlene Wo

David Hsia, Broker License #01361494

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,264

Year Built

  • Built in 1973

Lot Details

  • 0.61

Parking

  • Subterranean Parking
  • Garage Door Opener
  • Secured Garage or Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,081 Sq Ft Home
  • Vaulted Ceiling
  • Dining Area

Kitchen

  • Electric Cooktop
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Forced Air Zoned Heating System

Listing and Financial Details

  • Assessor Parcel Number 123-380-160

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, decks, exterior painting, fencing, garbage, hot water, insurance, insurance - common area, insurance - hazard, insurance - liability, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, reserves, roof, sewer, water
  • 24 Units
  • Grayson Management Association
  • Rental Restrictions

Recreation

  • Community Pool

Security

  • Gated Community
  • Building Fire Escape

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,264

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Restrictions: Park Rental Restrictions
  • Age: 43
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 24
  • Structure Sq Ft: 1081
  • Incorporated: Yes
  • Year Built: 1973
  • Zoning Description: R
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Electric, Countertop - Granite, Garbage Disposal
  • Living Sq Ft: 1081
  • Security: Fire Escape, Secured Garage / Parking, Security Building
  • Flooring: Carpet, Tile
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Community Facility
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio
  • Pool: Yes

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air, Electric, Individual Room Controls
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 479
  • HOA Amenities: Community Pool, Community Security Gate
  • Association Fees Include: Common Area Electricity, Common Area Gas, Decks, Exterior Painting, Fencing, Garbage, Hot Water, Insurance, Insurance - Common Area, Insurance - Hazard, Insurance - Liability, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, or Tennis, Reserves, Roof, Sewer, Water
  • H O A Name Text: Grayson Management
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling

Schools

  • School District: San Mateo Union High

Lot Info

  • Parcel Number: 123-380-160

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
Sep 8, 2016
Closed on
Sep 26, 2016
Sold by
Zheng Michael
Bought by
Gremore Andros Jacob and Chew Kathryn Louise
Seller's Agent
Jila Afjei
Corcoran Icon Properties
Buyer's Agent
Charlene Wo
David Hsia, Broker
List Price
$648,000
Sold Price
$750,000
Premium/Discount to List
$102,000
15.74%
Current Estimated Value
$895,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,215
Avg. Annual Appreciation
0.86%
Original Mortgage
$300,000
Outstanding Balance
$240,277
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$569,239

Purchase Details

Closed on
Mar 21, 2011
Sold by
Lanet Michael R and Lanet Jocelyn I
Bought by
Zheng Michael

Purchase Details

Closed on
Mar 15, 2006
Sold by
Landucci Albert O J
Bought by
Lanet Michael R and Lanet Jocelyn I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,600
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2006
Sold by
Randhawa Gurjit and Randhawa Aneet
Bought by
Landucci Albert O J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,600
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gremore Andros Jacob $750,000 Fidelity National Title Co
Zheng Michael $340,000 Orange Coast Title
Lanet Michael R $537,000 First American Title Co
Landucci Albert O J $400,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gremore Andros Jacob $300,000
Previous Owner Zheng Michael $255,000
Previous Owner Zheng Michael $200,000
Previous Owner Zheng Michael $300,000
Previous Owner Lanet Michael R $429,600
Previous Owner Landucci Albert O J $107,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2016 10/06/16 Sold $750,000 +15.7% $694 / Sq Ft
09/15/2016 09/15/16 Pending -- -- --
09/08/2016 09/08/16 For Sale $648,000 -- $599 / 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 $11,264 $870,433 $261,128 $609,305
2023 $11,264 $836,635 $250,989 $585,646
2022 $10,834 $820,231 $246,068 $574,163
2021 $10,734 $804,149 $241,244 $562,905
2020 $10,251 $795,905 $238,771 $557,134
2019 $9,929 $780,300 $234,090 $546,210
2018 $9,329 $765,000 $229,500 $535,500
2017 $8,928 $750,000 $225,000 $525,000
2016 $4,669 $367,965 $110,388 $257,577
2015 $4,631 $362,438 $108,730 $253,708
2014 $4,522 $355,340 $106,601 $248,739
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81612154

MLSListings

APN: 123-380-160