$821,500
SOLD JUN 16, 2025

425 N El Camino Real Unit 107 San Mateo, CA 94401

North Central Neighborhood
2 Beds
2 Baths
1,353 Sq Ft
0.91 Acres

Recently Sold

$607 Per Sq Ft

3% Below List Price

24 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • Quartz Countertops
  • Borel Middle School Rated A-
  • Sauna
  • Elevator

About This Home

As of June 2025

Why rent when you can own this stunning corner-unit condo perfectly located between Downtown San Mateo and Burlingame? This beautifully updated 2-bedroom + office, 2-bath home offers 1,353 sq ft of modern elegance. Enjoy a spacious floor plan, cozy fireplace, new recessed lighting, new flooring, and freshly painted interiors. The galley kitchen flows into the open dining area, ideal for entertaining. Work from home in the private office space. Updated bathrooms, stylish fixtures, in-unit laundry, and air conditioning add to the comfort. Prime location near top dining, shopping, parks, Caltrain, and major freeways. A rare opportunity to own luxury living in one of San Mateos most desirable neighborhoods. Move-in ready and waiting for you!

Last Agent to Sell the Property

Lutfallah Khoury

Compass License #01777936 Listed on: 04/28/2025

Compass

Co-Listed By

Jade Ng

Compass License #01908611

Last Buyer's Agent

Lutfallah Khoury

Compass License #01777936 Listed on: 04/28/2025

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,998

Year Built

  • Built in 1981

Parking

  • 1 Carport Space

Interior Spaces

  • 1,353 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Electric Dryer Hookup

Pool

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 107-870-010

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, garbage, hot water
  • 36 Units
  • The Park Real Association
  • Built by The Park Real

Amenities

  • Sauna
  • Clubhouse
  • Billiard Room
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,998

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Dogs Permitted
  • Age: 44
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 36
  • Structure Sq Ft: 1353
  • Complex Name: The Park Real
  • Year Built: 1981
  • Zoning Description: R40000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Quartz, Dishwasher, Garbage Disposal, Microwave
  • Living Sq Ft: 1353
  • Stories: 1
  • Bedrooms: More than One Bedroom on Ground Floor
  • Laundry: Electricity Hookup (220V), In Utility Room, Inside
  • Flooring: Tile, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Full on Ground Floor, Shower over Tub - 1, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Pool Description: Pool - In Ground
  • Pool: Yes

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 1

Utilities

  • Cooling System: Central AC
  • Heating System: Heat Pump
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 840
  • HOA Amenities: Additional Storage, Billiard Room, Club House, Community Pool, Elevator, Sauna / Spa / Hot Tub
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Hot Water
  • H O A Name Text: The Park Real
  • H O A Exist: Yes

Schools

  • School District: San Mateo Union High

Lot Info

  • Parcel Number: 107-870-010

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2025
Closed on
Jun 6, 2025
Sold by
Yin Tao and He Jie
Bought by
Kagiyama Sung Hee and Kagiyama Joshua
Seller's Agent
Lutfallah Khoury
Compass
Buyer's Agent
Lutfallah Khoury
Compass
List Price
$849,000
Sold Price
$821,500
Premium/Discount to List
-$27,500
-3.24%
Views
34
Current Estimated Value
$836,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,123
Avg. Annual Appreciation
5.90%
Original Mortgage
$550,000
Outstanding Balance
$549,527
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$285,734

Purchase Details

Closed on
Apr 27, 2012
Sold by
U S Bank National Association
Bought by
Yin Tao and He Jie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2011
Sold by
Megia Orlando H
Bought by
U S Bank National Association

Purchase Details

Closed on
Apr 13, 2005
Sold by
Gutierrez Sophia
Bought by
Megia Orlando H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 10, 2003
Sold by
Menicucci Gina M and Menicucci Tom Laura
Bought by
Megia Orlando H and Gutierrez Sophia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 1996
Sold by
Menicucci David P
Bought by
Menicucci David P
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 Type Sale Price Title Company
Grant Deed $821,500 First American Title
Grant Deed $345,000 Chicago Title Company
Trustee Deed $337,500 Landsafe Title
Grant Deed $49,500 Chicago Title Co
Grant Deed $395,000 Old Republic Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $550,000 New Conventional
Previous Owner $258,750 New Conventional
Previous Owner $412,000 Negative Amortization
Previous Owner $316,000 Purchase Money Mortgage
Closed $79,000 No Value Available
Closed $51,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Sold $821,500 -3.2% $607 / Sq Ft
05/23/2025 05/23/25 Pending -- -- --
04/28/2025 04/28/25 For Sale $849,000 -- $627 / 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 $6,998 $433,325 $129,994 $303,331
2023 $6,998 $416,501 $124,948 $291,553
2022 $6,538 $408,336 $122,499 $285,837
2021 $6,357 $400,331 $120,098 $280,233
2020 $5,960 $396,227 $118,867 $277,360
2019 $5,741 $388,459 $116,537 $271,922
2018 $5,240 $380,843 $114,252 $266,591
2017 $5,024 $373,376 $112,012 $261,364
2016 $4,932 $366,056 $109,816 $256,240
2015 $4,756 $360,559 $108,167 $252,392
2014 $4,548 $353,497 $106,049 $247,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML82004497

MLSListings

APN: 107-870-010