NOT LISTED FOR SALE

40 W 3rd Ave Unit 404 San Mateo, CA 94402

Baywood-Aragon Neighborhood

Estimated Value: $1,421,000 - $2,730,191

3 Beds
2.5 Baths
2,800 Sq Ft
0.81 Acres

Last Sold September 18, 2012

Last sale price $1,588,000 $567 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $13,619/month

67 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Atrium Room
  • Baywood Elementary School Rated A
  • Primary Bedroom Suite
  • 1-minute walk to DeAnza Historical Park

About This Home

As of September 2012

THE TOWERS*THE MOST DESIRABLE LOCATION*4TH FLOOR END UNIT*FIRST TIME ON THE MARKET*VERY BRIGHT WITH PARK LIKE WESTERLY VIEWS OF THE MOUNTAINS AND TREES*HIGH CEILINGS*PANO GLASS WINDOWS IN THE LIVING ROOM*FORMAL DINING ROOM*LARGE MASTER SUITE W/ WALK-IN CLOSET*ENCLOSED PATIO*24 HR DOORPERSON/ON SITE MANAGER/POOL/SPA/SAUNA/GYM/12TH FLOOR DECK*WALK TO RESTURANTS,MOVIES,SHOPPING,PARK,LIBRARY+MORE

Last Listed By

David Zigal

David G. Zigal, Realtor License #00629646 Listed on: 06/12/2012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,123

Year Built

  • Built in 1980

Lot Details

  • End Unit

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Guest Parking

Interior Spaces

  • 2,800 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Formal Dining Room
  • Atrium Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 107-110-120

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include hot water, landscaping / gardening, pool spa or tennis, management fee, reserves, roof, sewer, cable / dish, water, common area electricity, common area gas, exterior painting, garbage, insurance - common area
  • 42 Units
  • The Towers Association
  • Built by The Towers
  • Car Wash Area

Amenities

  • Doorman
  • Sauna
  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Sport Court
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,123

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Age: 32
  • Sale Price Per Sq Ft: 567.14
  • Listing Class: Residential
  • Maximum Unit Levels: 1
  • Max Numberof Unitsin Building: 50
  • Max Numberof Unitsin Complex: 42
  • Min Numberof Unitsin Complex: 42
  • Structure Sq Ft: 2800
  • Builder Architect: F&F
  • Complex Name: The Towers
  • Incorporated: Yes
  • Map Book Page: 748
  • Map Side Coordinate: 2
  • Map Top Coordinate: J
  • Thomas Bros Page: 748
  • Thomas Brothers: J2
  • Year Built: 1980
  • Zoning Description: R500
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: Formal Dining Room, Eat in Kitchen
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Oven - Built-In, 220 Volt Outlet
  • Living Sq Ft: 2800
  • Stories: 1
  • Security: Security Building
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Dryer, Washer, 220 Volt Outlet
  • Flooring: Carpet - Wall to Wall, Hardwood
  • Additional Rooms: Atrium, Storage
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Tub in Primary Bedroom, Tubs - 1, Stall Shower

Exterior Features

  • View: Local/Neighborhood

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 1286
  • HOA Amenities: Car Wash Area, Club House, Door Person, Additional Storage, Elevator, Gym / Exercise Facility, Game Court (Outdoor), Community Pool, Sauna, Sauna / Spa / Hot Tub, Cable/ Satellite TV
  • HOA Documents: Articles of Incorporation, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Hot Water, Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Reserves, Roof, Sewer, Cable / Dish, Water, Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Insurance - Common Area
  • H O A Name Text: The Towers
  • Levels In Unit: 1
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Wet Bar, Balcony/Patio

Schools

  • School District: San Mateo Union High

Lot Info

  • Parcel Number: 107-110-120
  • List Price per Sq Ft: 638.57
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1.00
  • Lot Size Area Min Search: 1.00
  • Maximum Lot Size: 1.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Minimum Building Height: 9
  • Unit Features: End Unit

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2020
Sold by
Gillett Thomas R and Gillett Carol K
Bought by
Gillett Thomas R and Gillett Carol K
Total Days on Market
67
Current Estimated Value
$2,163,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,000
Outstanding Balance
$375,196
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,968,068

Purchase Details

Listed on
Jun 12, 2012
Closed on
Sep 17, 2012
Sold by
Chan Gayle Jocelyn and Chen Cary Hsian Ching
Bought by
Gillett Thomas R and Gillett Carol K
Seller's Agent
David Zigal
David G. Zigal, Realtor
Buyer's Agent
Pierre & Alex Buljan
Coldwell Banker Realty
List Price
$1,788,000
Sold Price
$1,588,000
Premium/Discount to List
-$200,000
-11.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.11%
Original Mortgage
$500,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 12, 2012
Closed on
Sep 14, 2012
Sold by
Gillett Thomas R and Gillett Carol K
Bought by
Gillett Thomas R and Gillett Carol K
Seller's Agent
David Zigal
David G. Zigal, Realtor
Buyer's Agent
Pierre & Alex Buljan
Coldwell Banker Realty
List Price
$1,788,000
Sold Price
$1,588,000
Premium/Discount to List
-$200,000
-11.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2012
Sold by
Chang Hsiao Chin
Bought by
Chen Cary Hsian Ching

Purchase Details

Closed on
May 10, 2012
Sold by
Chen Eric Hung Nin
Bought by
Chan Gayle Jocelyn

Purchase Details

Closed on
Mar 12, 2011
Sold by
Chan Martin and Chan Gayle
Bought by
Chan Martin and Chan Gayle

Purchase Details

Closed on
Jan 15, 2000
Sold by
Chen Chu Yan Tr
Bought by
Chen Chu Yan

Purchase Details

Closed on
Feb 22, 1996
Sold by
Werby Realty Company
Bought by
Chen Chu Yan

Purchase Details

Closed on
Jun 16, 1994
Sold by
Kopp Quentin
Bought by
Chen Chu Yan

Purchase Details

Closed on
Jun 14, 1994
Sold by
Chen Chu Yan
Bought by
Chen Chu Yan

Purchase Details

Closed on
Jun 9, 1994
Sold by
Chen Zuen Yuen
Bought by
Chen Chu Yan

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
Gillett Thomas R -- Wfg Lenders Services
Gillett Thomas R $1,588,000 Fidelity National Title
Gillett Thomas R -- None Available
Chen Cary Hsian Ching -- None Available
Chan Gayle Jocelyn -- None Available
Chen Cary Hsian Ching -- None Available
Chan Gayle Jocelyn -- None Available
Chan Martin -- None Available
Chan Martin -- None Available
Chen Chu Yan -- --
Chen Chu Yan $250,000 Old Republic Title Company
Chen Chu Yan $189,000 Fidelity National Title Ins
Chen Chu Yan -- --
Chen Chu Yan -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillett Thomas R $419,000
Closed Gillett Thomas R $100,000
Closed Gillett Thomas R $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2012 09/18/12 Sold $1,588,000 -11.2% $567 / Sq Ft
08/18/2012 08/18/12 Pending -- -- --
06/12/2012 06/12/12 For Sale $1,788,000 -- $639 / 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
2023 $18,123 $1,454,640 $478,514 $976,126
2022 $17,148 $1,426,119 $469,132 $956,987
2021 $16,803 $1,398,157 $459,934 $938,223
2020 $16,224 $1,383,823 $455,219 $928,604
2019 $15,738 $1,356,691 $446,294 $910,397
2018 $15,456 $1,330,091 $437,544 $892,547
2017 $15,336 $1,304,012 $428,965 $875,047
2016 $14,895 $1,278,445 $420,555 $857,890
2015 $14,683 $1,259,244 $414,239 $845,005
2014 $14,259 $1,234,579 $406,126 $828,453
Source: Public Records

Agents Affiliated with this Home

  • David Zigal

    Seller's Agent in 2012

    David Zigal

    David G. Zigal, Realtor

    (650) 465-8110

    14 Total Sales

    David Zigal
    Section Image
  • Pierre & Alex Buljan

    Buyer's Agent in 2012

    Pierre & Alex Buljan

    Coldwell Banker Realty

    (650) 400-1188

    4 in this area

    44 Total Sales

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81222268

MLSListings

APN: 107-110-120

California San Mateo County San Mateo 94402 Baywood-Aragon

40 W 3rd Ave Unit 404, San Mateo, CA

Homes for Sale in San Mateo, CA

This home is located at 40 W 3rd Ave Unit 404, San Mateo, CA 94402 since 12 June 2012 and is currently estimated at $2,163,298, approximately $772 per square foot. This property was built in 1980. 40 W 3rd Ave Unit 404 is a home located in San Mateo County with nearby schools including Baywood Elementary School, Borel Middle School, and Aragon High School.

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