NOT LISTED FOR SALE

4040 Fernwood St San Mateo, CA 94403

San Mateo Knolls Neighborhood

Estimated Value: $2,242,000 - $2,713,000

5 Beds
3 Baths
2,279 Sq Ft
$1,123/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $2,700,000 $1,185 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $15,525/month

5 Days on Market

Highlights

  • Wood Flooring
  • Family Room Off Kitchen
  • 2 Car Attached Garage
  • Hillsdale High School Rated A+
  • Skylights
  • Side by Side Parking

About This Home

As of April 2024

Welcome to 4040 Fernwood. This meticulously cared for home is ideally situated in San Mateo's coveted Sugarloaf neighborhood! Displaying ample Pride of Ownership, this charming property boasts a highly desirable location, filled with convenience and an abundance of charm. Step inside the main house, where natural light floods every single space, creating an inviting and airy atmosphere. With three bedrooms, an office, all adorned with custom closets by California Closets, and thoughtful custom design touches throughout, this home offers both comfort and style. In addition to the main house, a separate accessory unit awaits in the back. Complete with a full washroom, radiant flooring, and air conditioning, this versatile space provides endless possibilities for various needs and preferences. Whether you're seeking a peaceful retreat or a dynamic workspace, 4040 Fernwood offers the perfect balance of luxury and functionality in one of San Mateo's most sought-after neighborhoods. Don't miss your chance to experience the best of both worlds in this exceptional property!

Last Agent to Sell the Property

Jason Tam

eXp Realty of California, Inc License #01992165 Listed on: 03/22/2024

eXp Realty of California, Inc

Last Buyer's Agent

Shaun Walter

Coldwell Banker Realty License #01369745

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,015

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 8,680 Sq Ft Lot
  • Wood Fence
  • Back Yard Fenced

Home Design

  • Concrete Foundation
  • Slab Foundation

Interior Spaces

  • 2,279 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Family Room Off Kitchen
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Garage Door Opener

Utilities

  • Central Heating and Cooling System
  • Radiant Heating System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 042-181-090

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,015

Year Built

Built in 1952 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Bedrooms: 5
  • Master Bedroom Features: Walk-In Closet 2+
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Number Of Rooms: 8
  • Flooring: Tile, Wood
  • Interior Amenities: Skylight(s)
  • Kitchen Features: Kitchen/Family Combo, Stone Counter, Tile Counter
  • Laundry Features: Dryer Included, Laundry Closet, Washer Included
  • Main Level: Bedroom(s), Dining Room, Full Bath(s), Garage, Kitchen, Living Room, Primary Bedroom, Street Entrance
  • Price Per Square Foot: 1184.73
  • Square Footage: 2279.00

Exterior Features

  • Driveway Sidewalks: Paved Driveway
  • Fencing: Back Yard, Wood
  • Foundation: Concrete, Slab

Garage/Parking

  • Parking Access: Side by Side
  • Parking Features: Attached, Covered, Garage Door Opener, Interior Access
  • Parking Fees: No
  • Parking Type: On Site (Single Family Only)
  • Total Parking Spaces: 2.00

Utilities

  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central, Radiant
  • Security Features: Carbon Mon Detector, Double Strapped Water Heater, Security System Owned, Smoke Detector, Video System
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public

Lot Info

  • Assessor Parcel Number: 042-181-090
  • Lot Size Acres: 0.1993
  • Lot Size Sq Ft: 8680.00
  • Lot Size Units: SqFt
  • Price Per Acre: 13547415.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
Mar 28, 2024
Sold by
Panezic Family Trust and Panezic Alan
Bought by
Venkataraman Vignesh and Sivakumar Darshana
Seller's Agent
Jason Tam
eXp Realty of California, Inc
Buyer's Agent
Shaun Walter
Coldwell Banker Realty
List Price
$2,388,000
Sold Price
$2,700,000
Premium/Discount to List
$312,000
13.07%
Views
108
Current Estimated Value
$2,558,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$141,489
Avg. Annual Appreciation
-5.89%
Original Mortgage
$1,683,000
Outstanding Balance
$1,655,164
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$830,920

Purchase Details

Closed on
Sep 14, 2020
Sold by
Panezic Alan and Panezic Pamela
Bought by
Panezic Alan and Panezic Pamela Ann

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
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2017
Sold by
Panezic Alan and Panezic Pamela Ann
Bought by
Panezic Alan and Panezic Pamela Ann

Purchase Details

Closed on
Aug 22, 2013
Sold by
Huerta Nelsynes and Suta Miguel G
Bought by
Panezic Alan and Panezic Pamela Ann

Purchase Details

Closed on
Aug 5, 2005
Sold by
Sutherland Letha P
Bought by
Suta Miguel G and Huerta Nelsynes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,250
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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
Venkataraman Vignesh $2,700,000 Wfg National Title
Panezic Alan -- Lawyers Title Company
Panezic Alan -- Lawyers Title Company
Panezic Alan -- None Available
Panezic Alan $1,229,000 Old Republic Title Company
Suta Miguel G $865,000 Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Venkataraman Vignesh $1,683,000
Previous Owner Panezic Alan $200,000
Previous Owner Panezic Alan $250,000
Previous Owner Huerta Nelsynes $682,000
Previous Owner Huerta Nelsynes $700,000
Previous Owner Suta Miguel G $660,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $2,700,000 +13.1% $1,185 / Sq Ft
03/22/2024 03/22/24 For Sale $2,388,000 -- $1,048 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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 $19,015 $2,754,000 $1,589,160 $1,164,840
2023 $19,015 $1,456,153 $724,036 $732,117
2022 $19,213 $1,427,603 $709,840 $717,763
2021 $18,899 $1,399,612 $695,922 $703,690
2020 $17,459 $1,385,263 $688,787 $696,476
2019 $17,072 $1,358,103 $675,282 $682,821
2018 $15,972 $1,331,476 $662,042 $669,434
2017 $15,648 $1,305,370 $649,061 $656,309
2016 $15,570 $1,279,776 $636,335 $643,441
2015 $15,367 $1,260,554 $626,777 $633,777
2014 $14,238 $1,229,000 $614,500 $614,500
Source: Public Records

Agents Affiliated with this Home

  • Jason Tam

    Seller's Agent in 2024

    Jason Tam

    eXp Realty of California, Inc

    (415) 730-3775

    1 in this area

    84 Total Sales

    Jason Tam
    Section Image

  • S

    Buyer's Agent in 2024

    Shaun Walter

    Coldwell Banker Realty

    (650) 727-4888

    2 in this area

    37 Total Sales

    Shaun Walter
    Section Image
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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 424018177

San Francisco Association of REALTORS® MLS

APN: 042-181-090

California San Mateo County San Mateo 94403 San Mateo Knolls

4040 Fernwood St, San Mateo, CA

This home is located at 4040 Fernwood St, San Mateo, CA 94403 since 22 March 2024 and is currently estimated at $2,558,511, approximately $1,122 per square foot. This property was built in 1952. 4040 Fernwood St is a home located in San Mateo County with nearby schools including Laurel 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.

San Francisco Association of REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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