NOT LISTED FOR SALE

Estimated Value: $630,000 - $711,000

1 Bed
1 Bath
900 Sq Ft
$561/mo HOA Fee

Last Sold April 20, 2022

Last sale price $645,000 $717 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,916/month

35 Days on Market

Highlights

  • Private Pool
  • Skyline View
  • Granite Countertops
  • Highlands Elementary School Rated A-
  • Vaulted Ceiling
  • Elevator

About This Home

As of April 2022

Welcome to this sun-filled spacious top floor condo in the desirable Laurelwood neighborhood in San Mateo! This well-maintained and move-in ready unit has a soaring ceiling with tall windows that let in ample natural daylight. Large balcony overlooks the community pool. New wall-to-wall carpet throughout the home. Plenty of storage space in the unit. New dishwasher in the kitchen and new flooring and toilet in the bathroom, which is lit up by the skylight above. The unit comes with an additional storage space down the hall, and one assigned parking space in the gated garage. Ample street parking. The condo is close to Laurelwood shopping center, farmers' market, supercharger, and College of San Mateo, with easy access to 92, 101, and 280. Truly a must see!

Last Agent to Sell the Property

Lu Zhang

KW Advisors License #01844246 Listed on: 02/11/2022

KW Advisors

Last Buyer's Agent

Sang Kang

Palazzo Investment Group, Inc. License #01366958

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,290

Year Built

  • 1973

Lot Details

  • 0.61

HOA Fees

  • $561 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Assigned Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Combination Dining and Living Room
  • Storage Room
  • Skyline Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Additional Features

  • Private Pool
  • Forced Air Heating System

Community Details

Overview

  • Association fees include common area electricity, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, reserves
  • Allpro Association Management Association

Amenities

  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,290

Year Built

1973

Lot Details

0

HOA Fees

$561 per month

Parking

1

Listing Details

  • Zoning: R
  • Subclass: Condominium
  • Restrictions: Pets - Restrictions
  • Age: 49
  • Listing Class: Residential
  • Structure Sq Ft: 900
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1973

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area In Living Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 900
  • Stories: 1
  • Security: Secured Garage / Parking, Security Building
  • Laundry: Community Facility
  • Flooring: Carpet, Laminate
  • Additional Rooms: Storage
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Shower Over Tub - 1, Skylight

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Pool: Community Facility

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Detached Garage, Gate / Door Opener

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Raintree HOA
  • HOA Fees: 561
  • HOA Amenities: Additional Storage, Community Pool, Elevator
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Reserves
  • HOA Exist: Yes
  • H O A Name Text: AllPro Association Management

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Vaulted Ceiling

Schools

  • School District: San Mateo Union High

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Apr 6, 2022
Sold by
Ho Yee Ng Trust and Ng Ho Yee
Bought by
Oh Brenda Helen
Seller's Agent
Lu Zhang
KW Advisors
Buyer's Agent
Sang Kang
Palazzo Investment Group, Inc.
List Price
$645,000
Sold Price
$645,000
Current Estimated Value
$662,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,309
Avg. Annual Appreciation
0.79%
Original Mortgage
$516,000
Outstanding Balance
$483,467
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$178,842

Purchase Details

Closed on
Nov 25, 2014
Sold by
Ng Ho Yee and Ng Ho Yee
Bought by
Ng Jo Yee

Purchase Details

Closed on
Mar 10, 2011
Sold by
Zheng Michael
Bought by
Ng Ho Yee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2006
Sold by
Freeman Jasmine D
Bought by
Zheng Michael

Purchase Details

Closed on
Apr 15, 2004
Sold by
Laurelwood Investors Llc
Bought by
Freeman Jasmine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,960
Interest Rate
5.57%
Mortgage Type
Stand Alone First
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
Oh Brenda Helen $645,000 First American Title
Ng Jo Yee -- None Available
Ng Ho Yee $315,000 Chicago Title Company
Zheng Michael $425,000 Financial Title Company
Freeman Jasmine D $390,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oh Brenda Helen $516,000
Previous Owner Ng Ho Yee $200,000
Previous Owner Freeman Jasmine D $380,000
Previous Owner Freeman Jasmine D $291,960
Closed Freeman Jasmine D $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Sold $645,000 0.0% $717 / Sq Ft
03/19/2022 03/19/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $645,000 -- $717 / 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 $9,290 $684,477 $205,343 $479,134
2023 $9,290 $657,900 $197,370 $460,530
2022 $5,832 $380,284 $114,083 $266,201
2021 $5,798 $372,829 $111,847 $260,982
2020 $5,474 $369,007 $110,701 $258,306
2019 $5,259 $361,773 $108,531 $253,242
2018 $4,737 $354,680 $106,403 $248,277
2017 $4,385 $347,726 $104,317 $243,409
2016 $4,364 $340,909 $102,272 $238,637
2015 $4,332 $335,789 $100,736 $235,053
2014 $4,231 $329,212 $98,763 $230,449
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81877895

MLSListings

APN: 123-380-220