NOT LISTED FOR SALE

Estimated Value: $3,865,000 - $4,173,000

4 Beds
6 Baths
4,640 Sq Ft
$862/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $3,400,000 $733 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $24,172/month

48 Days on Market

Highlights

  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Mediterranean Architecture
  • Baywood Elementary School Rated A
  • Wood Flooring
  • Granite Countertops

About This Home

As of August 2022

The only way to describe the grandeur of 401 Parrott Drive is MAJESTIC! Standing proud at Parrott Drive and Harvard Road, this impressive Mediterranean features spectacular original 1920s architecture and design details. The stately four-bedroom, six-bathroom home embodies the rich history and character of Baywood past and present. Iconic in nature, this home reflects the strength and magnetism of the finest San Mateo offers - mature landscape, wide streets, walkability, and community. With over 4600 SF of living space plus nearly 800 SF of additional basement space, plus extra storage, there is plenty of room for your imagination.

Last Agent to Sell the Property

Gregory Damelio

Compass License #01223334 Listed on: 05/26/2022

Compass

Last Buyer's Agent

Do Not Delet ZzzSystem Default

zDefault Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 10,799 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer
  • Mostly Level
  • Back Yard
  • Zoning described as R1000B

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Mediterranean Architecture
  • Wood Frame Construction
  • Tile Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,640 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Storage Room
  • Neighborhood Views
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

  • Zoned Heating
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 034-071-120

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Listing Class: Residential
  • Structure Sq Ft: 4640
  • Incorporated: Yes
  • Year Built: 1928
  • Zoning Description: R1000B
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Freezer, Island, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 4640
  • Stories: 2
  • Bedrooms: More than One Primary Bedroom, Primary Suite / Retreat, Walk-in Closet
  • Laundry: In Utility Room, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Basement - Finished, Den / Study / Office, Formal Entry, Storage
  • Fireplaces Min: 1
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Full on Ground Floor, Half on Ground Floor, Primary - Stall Shower(s), Shower over Tub - 1, Stall Shower - 2+, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Tile
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage, Off-Street Parking

Utilities

  • Heating System: Individual Room Controls
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling, Walk-in Closet

Schools

  • High School: 602

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 034-071-120
  • Lot Acres: 0.2479
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10800.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10800.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Mateo Union High
  • Elementary School Text: Baywood Elementary
  • High School Text: Aragon High
  • Middle School Text: Borel Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Aug 2, 2022
Sold by
Christopher And Nora Der Manuelian Trust
Bought by
Romano Michael R
Seller's Agent
Gregory Damelio
Compass
Buyer's Agent
Do Not Delet ZzzSystem Default
zDefault Office
List Price
$4,200,000
Sold Price
$3,400,000
Premium/Discount to List
-$800,000
-19.05%
Current Estimated Value
$4,000,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$600,691
Avg. Annual Appreciation
4.83%
Original Mortgage
$2,890,000
Outstanding Balance
$2,701,869
Interest Rate
3.13%
Mortgage Type
New Conventional
Estimated Equity
$1,298,822

Purchase Details

Closed on
Mar 22, 1996
Sold by
Dermanuelian Christopher Y and Dermanuelian Nora S
Bought by
Dermanuelian Christopher and Dermanuelian Nora S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Romano Michael R $3,400,000 New Title Company Name
Dermanuelian Christopher -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romano Michael R $2,890,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2022 08/12/22 Sold $3,400,000 -9.3% $733 / Sq Ft
07/14/2022 07/14/22 Pending -- -- --
06/24/2022 06/24/22 Price Changed $3,750,000 -10.7% $808 / Sq Ft
05/26/2022 05/26/22 For Sale $4,200,000 -- $905 / Sq Ft
Source: MLSListings

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 $40,764 $3,537,360 $2,601,000 $936,360
2023 $40,764 $3,400,000 $2,500,000 $900,000
2022 $12,462 $756,447 $209,240 $547,207
2021 $10,860 $741,616 $205,138 $536,478
2020 $9,980 $734,013 $203,035 $530,978
2019 $9,405 $719,621 $199,054 $520,567
2018 $8,746 $705,511 $195,151 $510,360
2017 $8,609 $691,678 $191,325 $500,353
2016 $8,078 $678,117 $187,574 $490,543
2015 $7,985 $667,932 $184,757 $483,175
2014 $7,659 $654,849 $181,138 $473,711
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81893598

MLSListings

APN: 034-071-120

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