NOT LISTED FOR SALE

348 Laurel St San Carlos, CA 94070

Cordes Neighborhood

Estimated Value: $2,587,000 - $3,063,495

4 Beds
1.5 Baths
1,900 Sq Ft
$1,537/Sq Ft Est. Value

Last Sold November 16, 2022

Last sale price $2,590,000 $1,363 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $18,674/month

11 Days on Market

Highlights

  • Wood Flooring
  • Tile Countertops
  • Forced Air Heating System
  • Arundel Elementary School Rated A
  • Laundry Room
  • 3-minute walk to Rosek park

About This Home

As of November 2022

Stunning 1949 custom built home in the vibrant city of San Carlos. The iconic, story-book charmer is steps away from downtown shopping, Sunday farmers market and outdoor dining. The over 9,000 sqft lot hosts fruit trees and manicured grounds reminiscent of an English country garden. Enjoy relaxation or dining in either your classic gazebo or pergola adjacent to custom stone work barbecue/pizza oven while nearby fountain splashes and sparkles. This home has four bedrooms with one full bath and one half bath. Gleaming hardwood floors and a sizable kitchen. Remodeled baths with Carrara tile. Enjoy all that the great schools San Carlos has to offer, Community events, parks and hiking trails. Great Mid-Peninsula location between San Francisco and the Silicon Valley. Close to the airport, US101 and US280 corridors, all bio-tech companies, tech hubs, and Stanford Campus. Do not miss out on a piece of San Carlos architectural history in this once in a lifetime chance to own 348 Laurel Street!

Last Agent to Sell the Property

Mariana Pappalardo

Compass License #01970137 Listed on: 10/06/2022

Compass

Last Buyer's Agent

Julie Baumann

Compass License #01799278

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,599

Year Built

  • Built in 1949

Lot Details

  • 10,402 Sq Ft Lot
  • Zoning described as R10006

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,900 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Dining Area

Kitchen

  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 050-052-070

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,599

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 73
  • Listing Class: Residential
  • Structure Sq Ft: 1900
  • Year Built: 1949
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Countertop - Tile, Dishwasher, Refrigerator
  • Living Sq Ft: 1900
  • Stories: 1
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 050-052-070
  • Lot Acres: 0.2388
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10400.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Nov 18, 2022
Sold by
Gadey Maanasa and Gadey Vamsi
Bought by
Gadey Living Trust
Seller's Agent
Mariana Pappalardo
Compass
Buyer's Agent
Julie Baumann
Compass
List Price
$2,495,000
Sold Price
$2,590,000
Premium/Discount to List
$95,000
3.81%
Views
11
Current Estimated Value
$2,904,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,466
Avg. Annual Appreciation
2.90%
Original Mortgage
$2,072,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 6, 2022
Closed on
Oct 27, 2022
Sold by
Amarena Carmelo and Amarena Judy
Bought by
Gadey Maanasa and Gadey Vamsi
Seller's Agent
Mariana Pappalardo
Compass
Buyer's Agent
Julie Baumann
Compass
List Price
$2,495,000
Sold Price
$2,590,000
Premium/Discount to List
$95,000
3.81%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,072,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 1995
Sold by
Breuner Jay J and Breuner Michele S
Bought by
Amarena Carmelo and Amarena Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,800
Interest Rate
7.88%

Purchase Details

Closed on
Aug 9, 1994
Sold by
Meacham David Darrell and Meacham Daniel Makk
Bought by
Breuner Jay J and Breuner Michele S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
8.65%

Purchase Details

Closed on
Aug 5, 1994
Sold by
Meacham Phyllis
Bought by
Meacham David Darrell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
8.65%

Purchase Details

Closed on
Mar 14, 1994
Sold by
Meacham David Darrell
Bought by
Meacham David Darrell and Meacham Daniel Mark
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
Gadey Living Trust -- Lawyers Title Company
Gadey Maanasa $2,590,000 Lawyers Title
Amarena Carmelo $389,000 Fidelity National Title Ins
Breuner Jay J $380,000 Fidelity National Title Ins
Meacham David Darrell $380,000 Fidelity National Title Ins
Meacham Daniel Mark $380,000 Fidelity National Title Ins
Meacham David Darrell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gadey Maanasa $2,072,000
Previous Owner Amarena Carmelo $308,800
Previous Owner Breuner Jay J $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2022 11/16/22 Sold $2,590,000 +3.8% $1,363 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $2,495,000 -- $1,313 / 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 $31,599 $2,694,636 $2,288,880 $405,756
2023 $31,599 $2,590,000 $2,200,000 $390,000
2022 $8,479 $614,906 $307,453 $307,453
2021 $8,343 $602,850 $301,425 $301,425
2020 $8,233 $596,670 $298,335 $298,335
2019 $8,036 $584,972 $292,486 $292,486
2018 $7,818 $573,502 $286,751 $286,751
2017 $7,699 $562,258 $281,129 $281,129
2016 $7,521 $551,234 $275,617 $275,617
2015 $7,496 $542,954 $271,477 $271,477
2014 $7,227 $532,320 $266,160 $266,160
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mariana Pappalardo

    Compass

    Section Image
  • Julie Baumann

    Buyer's Agent in 2022

    Julie Baumann

    Compass

    (650) 576-8889

    4 in this area

    111 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81909672

MLSListings

APN: 050-052-070

California San Mateo County San Carlos 94070 Cordes

348 Laurel St, San Carlos, CA

This home is located at 348 Laurel St, San Carlos, CA 94070 since 06 October 2022 and is currently estimated at $2,920,874, approximately $1,537 per square foot. This property was built in 1949. 348 Laurel St is a home located in San Mateo County with nearby schools including Arundel Elementary School, Tierra Linda Middle School, and Carlmont High School.

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