NOT LISTED FOR SALE

468 E 28th Ave San Mateo, CA 94403

Hillsdale Neighborhood

Estimated Value: $1,953,000 - $2,158,000

4 Beds
4 Baths
1,920 Sq Ft
$1,063/Sq Ft Est. Value

Last Sold March 24, 2022

Last sale price $2,261,888 $1,178 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $13,742/month

6 Days on Market

Highlights

  • Granite Countertops
  • 2 Car Attached Garage
  • Guest Parking
  • George Hall Elementary School Rated A
  • Tile Flooring
  • 3-minute walk to Bay Meadows Park

About This Home

As of March 2022

Beautiful Bay Meadows townhouse with a fantastic view to the Bay Meadows Park. This unit is in superb condition, as it has been well-maintained and taken care of. It comes with 4 bedrooms and 4 full bathrooms, with a spacious master suite on the 3rd floor and one bedroom suite on 1st floor. Kitchen opens to dining/living spaces with flow. Next to kitchen is a spacious pantry. Bay Meadows is charming urban village in a neighborhood alive with shops, restaurants, and parks. It is conveniently located close to Hillsdale Mall, Whole Foods, Caltrain station, and major highways 101 / 92 / 280.

Last Agent to Sell the Property

Hao Chu

Silversage Realty Inc License #01963749 Listed on: 02/09/2022

Co-Listed By

Emily Hung

Silversage Realty Inc License #01978227

Last Buyer's Agent

Mariana Pappalardo

Compass License #01970137

Compass

Townhouse Details

Home Type

  • Townhome

Year Built

  • 2015

Lot Details

  • 8,285 Sq Ft Lot

HOA Fees

  • $403 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Guest Parking
  • On-Street Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 1,920 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Community Details

  • Association fees include insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, reserves
  • Landsdowne HOA / Bay Meadows Community Association

Townhouse Details

Home Type

Townhome

Year Built

2015

Lot Details

0

HOA Fees

$403 per month

Parking

2

Listing Details

  • Zoning: Condominium
  • Subclass: Townhouse
  • Listing Class: Residential
  • Structure Sq Ft: 1920
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2015

Interior Features

  • Dining Room: Dining Area In Living Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven - Built-In, Pantry, Refrigerator
  • Living Sq Ft: 1920
  • Stories: 3
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Slab

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking, On Street

Utilities

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

Condo/Co-op/Association

  • Complex Name: Bay Meadows & Landsdowne
  • HOA Fees: 403
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Reserves
  • HOA Exist: Yes
  • H O A Name Text: Landsdowne HOA / Bay Meadows Community

Lot Info

  • Lot Acres: 0.1902
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8283.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8283.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2022
Closed on
Mar 9, 2022
Sold by
Shih-Jui Lin
Bought by
Lee Young Joon and Jung Eun Bi
Seller's Agent
Hao Chu
Silversage Realty Inc
Buyer's Agent
Mariana Pappalardo
Compass
List Price
$1,895,000
Sold Price
$2,261,888
Premium/Discount to List
$366,888
19.36%
Current Estimated Value
$2,041,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$220,444
Avg. Annual Appreciation
-2.70%
Original Mortgage
$1,784,000
Outstanding Balance
$1,646,088
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$395,356

Purchase Details

Closed on
Jul 31, 2017
Sold by
Rao Shyam S and Rao Pallavi
Bought by
Lin Shih Jui

Purchase Details

Closed on
Feb 12, 2015
Sold by
Shea Homes Inc
Bought by
Rao Shyam S and Rao Pallavi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$759,400
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lee Young Joon $2,262,000 Lawyers Title
Lin Shih Jui $1,555,000 Fidelity National Title Co
Rao Shyam S $1,168,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Young Joon $1,784,000
Previous Owner Rao Shyam S $759,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2022 03/24/22 Sold $2,261,888 +19.4% $1,178 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $1,895,000 0.0% $987 / Sq Ft
01/15/2021 01/15/21 Rented $6,000 -7.6% --
01/08/2021 01/08/21 Under Contract -- -- --
12/03/2020 12/03/20 For Rent $6,495 0.0% --
12/03/2020 12/03/20 Off Market $6,495 -- --
12/02/2020 12/02/20 For Rent $6,495 -- --
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 $31,715 $2,098,000 $629,000 $1,469,000
2023 $31,715 $1,990,000 $597,000 $1,393,000
2022 $25,685 $1,667,272 $500,181 $1,167,091
2021 $26,527 $1,634,581 $490,374 $1,144,207
2020 $25,508 $1,617,821 $485,346 $1,132,475
2019 $24,899 $1,586,100 $475,830 $1,110,270
2018 $24,024 $1,555,000 $466,500 $1,088,500
2017 $19,821 $1,209,908 $362,972 $846,936
2016 $19,537 $1,186,185 $355,855 $830,330
Source: Public Records

Agents Affiliated with this Home

  • Hao Chu

    Seller's Agent in 2022

    Hao Chu

    Silversage Realty Inc

    (650) 300-9048

    2 in this area

    38 Total Sales

    Hao Chu
    Section Image
  • Emily Hung

    Seller Co-Listing Agent in 2022

    Emily Hung

    Silversage Realty Inc

    (650) 300-9038

    1 in this area

    27 Total Sales

    Emily Hung
    Section Image

  • M

    Buyer's Agent in 2022

    Mariana Pappalardo

    Compass

    Section Image

  • N

    Buyer Co-Listing Agent in 2022

    Nicole Boyle

    Compass

    Section Image

  • M

    Seller's Agent in 2021

    Mike Bohnert

    Compass

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81877530

MLSListings

APN: 124-190-050

California San Mateo County San Mateo 94403 Hillsdale

468 E 28th Ave, San Mateo, CA

Not Listed for Sale

Townhouses

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