NOT LISTED FOR SALE

402 Derby Ave San Mateo, CA 94403

Hillsdale Neighborhood

Estimated Value: $1,453,303 - $1,621,000

2 Beds
2.5 Baths
1,350 Sq Ft
$1,139/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $1,385,000 $1,026 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $10,400/month

27 Days on Market

Highlights

  • Wood Flooring
  • Stone Countertops
  • Eat-In Kitchen
  • George Hall Elementary School Rated A
  • 2 Car Attached Garage
  • 1-minute walk to Paddock Park

About This Home

As of March 2020

Stunning, sunlit two bedroom two and half bath townhome with front porch. Enjoy the open floor plan with your kitchen, dining and living space. The kitchen features granite countertops, Bertazzoni range, Bosch dishwasher and refrigerator and breakfast bar with additional seating. Enjoy your inside gas range or grill on the patio off the kitchen. The living space features hardwood floors, soaring ceilings, recessed lighting with a half bath for you and your guests. Upstairs, you will find your two bedroom suites. The master bedroom is spacious size.  Master bath has walk in shower, double vanity and tile flooring. The second bedroom suite features a bathroom with a tub. Two car attached garage with storage. Washer and dryer in home. Enjoy the community garden, Paddock Park, Blue Bottle Creamery, Whole Foods & Hillsdale mall.  Close to Caltrain, Google Bus Stop, 101 & 280.

Last Agent to Sell the Property

Casey Sternsmith

Compass License #70016718 Listed on: 01/16/2020

Compass

Last Buyer's Agent

Carol Reen

Compass License #01820082

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $22,626

Year Built

  • 2014

Lot Details

  • 7,527

HOA Fees

  • $322 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tandem Parking
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,350 Sq Ft Home
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Split Bathroom
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Additional Features

  • 7,527 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include common area electricity, common area gas, exterior painting, insurance, maintenance - common area, maintenance - exterior, maintenance - road, reserves, roof, water
  • Canterbury And Bay Meadows Association
  • The community has rules related to parking rules

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$22,626

Year Built

2014

Lot Details

0

HOA Fees

$322 per month

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Townhouse
  • Restrictions: Parking Restrictions, Pets - Other
  • Age: 6
  • Listing Class: Residential
  • Structure Sq Ft: 1350
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0
  • Year Built: 2014

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area In Living Room, Eat In Kitchen
  • Kitchen: Countertop - Stone, Dishwasher, Hood Over Range, Microwave, Oven Range - Built-In, Gas, Refrigerator
  • Living Sq Ft: 1350
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Hardwood
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Shower Over Tub - 1, Split Bath, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Wood Frame

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Complex Name: Bay Meadows & Canterbury
  • HOA Fees: 322
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Insurance, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road, Reserves, Roof, Water
  • HOA Exist: Yes
  • H O A Name Text: Canterbury and Bay Meadows

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Acres: 0.1728
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7529.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7529.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2020
Closed on
Feb 27, 2020
Sold by
Zelnis Keith A and Zelnis Charlene H
Bought by
Lee Michael Mengqi and Guo Wanyi
Seller's Agent
Casey Sternsmith
Compass
Buyer's Agent
Carol Reen
Compass
List Price
$1,399,000
Sold Price
$1,385,000
Premium/Discount to List
-$14,000
-1%
Current Estimated Value
$1,537,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,576
Avg. Annual Appreciation
2.06%
Original Mortgage
$1,108,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2015
Sold by
Zelnis Keith A and Zelnis Charlene H
Bought by
Zelnis Family Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$601,200
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2014
Sold by
Tri Pointe Homes Inc
Bought by
Zelnis Keith A and Zelnis Charlene H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$613,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Lee Michael Mengqi $1,385,000 Fidelity National Title Co
Zelnis Family Revocable Trust -- Accommodation
Zelnis Keith A -- Nations Title Company Of Ca
Zelnis Keith A $864,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lee Michael Mengqi $1,070,000
Closed Lee Michael Mengqi $1,108,000
Previous Owner Zelnis Keith A $150,000
Previous Owner Zelnis Keith A $601,200
Previous Owner Zelnis Keith A $613,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 Sold $1,385,000 -1.0% $1,026 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $1,399,000 -- $1,036 / 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 $22,626 $1,514,695 $454,408 $1,060,287
2023 $22,626 $1,455,880 $436,764 $1,019,116
2022 $21,719 $1,427,334 $428,200 $999,134
2021 $22,147 $1,399,348 $419,804 $979,544
2020 $16,487 $949,436 $284,829 $664,607
2019 $16,049 $930,821 $279,245 $651,576
2018 $15,416 $912,570 $273,770 $638,800
2017 $14,986 $894,677 $268,402 $626,275
2016 $14,784 $877,136 $263,140 $613,996
2015 $14,270 $863,962 $259,188 $604,774
Source: Public Records

Agents Affiliated with this Home

  • Casey Sternsmith

    Seller's Agent in 2020

    Casey Sternsmith

    Compass

    (650) 678-5455

    49 in this area

    321 Total Sales

    Casey Sternsmith
    Section Image

  • C

    Buyer's Agent in 2020

    Carol Reen

    Compass

See All Agents

Map

Source: MLSListings

MLS Number: ML81779336

MLSListings

APN: 124-140-090

California San Mateo County San Mateo 94403 Hillsdale

402 Derby Ave, San Mateo, CA

This home is located at 402 Derby Ave, San Mateo, CA 94403 since 16 January 2020 and is currently estimated at $1,537,576, approximately $1,138 per square foot. This property was built in 2014. 402 Derby Ave is a home located in San Mateo County with nearby schools including George Hall Elementary School, Abbott Middle School, and Hillsdale High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes