NOT LISTED FOR SALE

425 N El Camino Real Unit 409 San Mateo, CA 94401

North Central Neighborhood

Estimated Value: $874,000 - $942,890

2 Beds
2 Baths
1,317 Sq Ft
$640/mo HOA Fee

Last Sold January 21, 2021

Last sale price $829,269 $630 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,503/month

78 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Bathtub with Shower
  • Borel Middle School Rated A-
  • High Ceiling
  • Electric Gate

About This Home

As of January 2021

Huge price reduction!!! Thoughtfully merging refined style and modern-day elements, this impeccable, updated top floor condo in coveted San Mateo Park imparts sophistication. On trend, light-filled floor plan with soaring ceilings includes: spacious living room with slate surround fireplace, cozy reading nook, remodeled eat-in kitchen with granite counters and stainless steel appliances, dining area with built-in cabinetry, beautiful primary suite with dual sink vanity, two full size closets and dedicated balcony, sizable second bedroom and tastefully updated second bathroom. Rich hardwood floors, freshly painted, all new dual pane windows, new closet doors, new bedroom flooring, A/C, Nest system, and in-unit laundry. Prime west of El Camino location that is walkable to both downtown Burlingame and San Mateo!

Last Agent to Sell the Property

Nicholas Delis

Compass License #01209680 Listed on: 09/29/2020

Compass

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,046

Year Built

  • 1981

Lot Details

  • 0.91

HOA Fees

  • $640 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Electric Gate
  • On-Street Parking

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,317 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Security Gate
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Additional Features

  • Private Pool
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include common area electricity, common area gas, exterior painting, fencing, garbage, insurance - liability, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, roof, water / sewer
  • Park Real Homeowners Association

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,046

Year Built

1981

Lot Details

0

HOA Fees

$640 per month

Parking

1

Listing Details

  • Zoning: R40000
  • Subclass: Condominium
  • Age: 39
  • Listing Class: Residential
  • Structure Sq Ft: 1317
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1981

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area
  • Fireplace: Yes
  • Living Sq Ft: 1317
  • Stories: 1
  • Laundry: Inside
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Primary - Stall Shower(s), Shower Over Tub - 1

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Tile
  • Pool: Community Facility, Pool - In Ground

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Covered Parking, Electric Gate, On Street, Underground Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 640
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Garbage, Insurance - Liability, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, Or Tennis, Roof, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Park Real Homeowners Association

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate

Schools

  • School District: San Mateo Union High
  • Elementary School: Park Elementary
  • Middle School: Borel Middle
  • High School: San Mateo High
  • High School: 672
  • Elementary School: 665
  • Middle School: 610

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2020
Closed on
Jan 12, 2021
Sold by
Grace Lori Ann
Bought by
Lin Michelle
Seller's Agent
Nicholas Delis
Compass
Buyer's Agent
RECIP
Out of Area Office
List Price
$899,000
Sold Price
$829,269
Premium/Discount to List
-$69,731
-7.76%
Current Estimated Value
$898,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,454
Avg. Annual Appreciation
1.75%
Original Mortgage
$440,000
Outstanding Balance
$394,496
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$504,227

Purchase Details

Closed on
Jun 25, 2018
Sold by
Orban Matthew Paul and Wigby Genevieve Leslie
Bought by
Grace Lori Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
4.5%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Mar 30, 2016
Closed on
Apr 28, 2016
Sold by
Chau Bruce and Mar Ip Hung
Bought by
Orban Matthew Paul and Wigby Genevieve Leslie
Seller's Agent
Debbie Wilhelm
Coldwell Banker Realty
Buyer's Agent
Joanna Beaudreau
Compass
List Price
$725,000
Sold Price
$810,000
Premium/Discount to List
$85,000
11.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.12%
Original Mortgage
$607,500
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2010
Sold by
Jenkins Sarie and Sowerby Jacqueline
Bought by
Chau Bruce and Mar Ip Hung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.88%
Mortgage Type
New Conventional
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
Lin Michelle $829,500 North American Title Co Inc
Grace Lori Ann $985,000 Old Republic Title Co
Orban Matthew Paul $810,000 Cornerstone Title Company
Chau Bruce $475,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Michelle $440,000
Previous Owner Grace Lori Ann $142,500
Previous Owner Grace Lori Ann $585,000
Previous Owner Orban Matthew Paul $607,500
Previous Owner Chau Bruce $401,000
Previous Owner Chau Bruce $417,000
Previous Owner Dabney Barbara $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2021 01/21/21 Sold $829,269 -7.8% $630 / Sq Ft
12/17/2020 12/17/20 Pending -- -- --
12/08/2020 12/08/20 For Sale $899,000 +8.4% $683 / Sq Ft
12/08/2020 12/08/20 Off Market $829,269 -- --
11/07/2020 11/07/20 Price Changed $899,000 -9.9% $683 / Sq Ft
09/29/2020 09/29/20 For Sale $998,000 +23.2% $758 / Sq Ft
05/05/2016 05/05/16 Sold $810,000 +11.7% $615 / Sq Ft
04/07/2016 04/07/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $725,000 -- $550 / 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 $12,046 $897,623 $269,286 $628,337
2023 $12,046 $862,769 $258,830 $603,939
2022 $11,433 $845,853 $253,755 $592,098
2021 $13,545 $1,035,409 $310,623 $724,786
2020 $12,916 $1,024,793 $307,438 $717,355
2019 $12,539 $1,004,700 $301,410 $703,290
2018 $10,330 $842,723 $252,817 $589,906
2017 $10,059 $826,200 $247,860 $578,340
2016 $6,568 $517,939 $155,380 $362,559
2015 $6,356 $510,161 $153,047 $357,114
2014 $6,107 $500,169 $150,050 $350,119
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81813208

MLSListings

APN: 107-890-060