NOT LISTED FOR SALE

48 E 40th Ave Unit W San Mateo, CA 94403

Hillsdale Neighborhood

Estimated Value: $1,465,000 - $1,875,057

2 Beds
1 Bath
930 Sq Ft
$1,850/Sq Ft Est. Value

Last Sold December 06, 2016

Last sale price $1,006,000 $1,082 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $10,817/month

14 Days on Market

Highlights

  • Bonus Room
  • 1 Car Attached Garage
  • Combination Dining and Living Room
  • George Hall Elementary School Rated A
  • Forced Air Heating System
  • Wood Burning Fireplace

About This Home

As of December 2016

Location, location, location! Best priced west side home in fabulous Westwood Knolls neighborhood of San Mateo. New paint, appliances, lighting fixtures, and carpet adorn the 2 bedrooms, 1 bath, and 1 car garage home on a terrific lot with partial views. Hardwood floors in the living/dining room and bedrooms. Move-in now, or start a project as engineering plans are available to expand house to a beautiful 3bd/2ba + an awesome accessory structure w/half bath. Close to retail, restaurants, Mollie Stones, soon to be improved Hillsdale Mall, and Caltrain, yet sits on a quaint side street location. Great value, must see!

Last Agent to Sell the Property

Peter Tao

Coldwell Banker Realty License #01348092 Listed on: 09/19/2016

Coldwell Banker Realty

Last Buyer's Agent

George Lai

Far East Realty License #00986068

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • 5,053 Sq Ft Lot
  • Zoning described as R10006

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 930 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Bonus Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 042-164-090

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 930
  • Year Built: 1942
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 930
  • Stories: 1
  • Additional Rooms: Bonus / Hobby Room
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

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

Lot Info

  • Parcel Number: 042-164-090
  • Lot Acres: 0.1160
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5044.25
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5044.25

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2016
Closed on
Nov 3, 2016
Sold by
Royal Avenue Partners Inc
Bought by
Ting Hsingwen and Cheng Po Jen
Seller's Agent
Peter Tao
Coldwell Banker Realty
Buyer's Agent
George Lai
Far East Realty
List Price
$899,000
Sold Price
$1,006,000
Premium/Discount to List
$107,000
11.9%
Current Estimated Value
$1,720,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$714,514
Avg. Annual Appreciation
6.10%

Purchase Details

Listed on
Jul 18, 2016
Closed on
Jun 13, 2016
Sold by
Tornes Jacqueline
Bought by
Royal Avenue Partners Inc
Seller's Agent
Kelly Clarke
Coldwell Banker Realty
Buyer's Agent
Peter Tao
Coldwell Banker Realty
List Price
$915,000
Sold Price
$915,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.52%

Purchase Details

Closed on
Sep 22, 1995
Sold by
Bergloff Marvin Merrell
Bought by
Morshed Mitra

Purchase Details

Closed on
Sep 20, 1995
Sold by
Morshed Mitra
Bought by
Sharif Omid and Sharif Rozeh N

Purchase Details

Closed on
Feb 21, 1995
Sold by
Ohara Takashi
Bought by
Morshed Mitra
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
Ting Hsingwen $1,006,000 First American Title Company
Royal Avenue Partners Inc $915,000 First American Title Company
Morshed Mitra -- First American Title Co
Sharif Omid $245,000 First American Title Co
Morshed Mitra $197,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2016 12/06/16 Sold $1,006,000 +11.9% $1,082 / Sq Ft
10/04/2016 10/04/16 Pending -- -- --
09/19/2016 09/19/16 For Sale $899,000 -1.7% $967 / Sq Ft
07/18/2016 07/18/16 Sold $915,000 0.0% $984 / Sq Ft View Prior Sale
07/18/2016 07/18/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $915,000 -- $984 / 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 $21,955 $1,761,255 $1,003,904 $757,351
2023 $21,955 $1,692,868 $964,922 $727,946
2022 $21,422 $1,659,676 $946,002 $713,674
2021 $20,952 $1,627,135 $927,453 $699,682
2020 $19,947 $1,610,453 $917,944 $692,509
2019 $17,843 $1,500,242 $899,946 $600,296
2018 $13,546 $1,152,120 $882,300 $269,820
2017 $12,080 $1,006,000 $865,000 $141,000
2016 $4,409 $343,806 $171,903 $171,903
2015 $4,401 $338,642 $169,321 $169,321
2014 $4,900 $332,010 $166,005 $166,005
Source: Public Records

Agents Affiliated with this Home

  • Peter Tao

    Seller's Agent in 2016

    Peter Tao

    Coldwell Banker Realty

    (650) 504-7588

    7 in this area

    32 Total Sales

    Peter Tao
    Section Image
  • Kelly Clarke

    Seller's Agent in 2016

    Kelly Clarke

    Coldwell Banker Realty

    (650) 315-5371

    27 Total Sales

    Kelly Clarke
    Section Image

  • G

    Buyer's Agent in 2016

    George Lai

    Far East Realty

See All Agents

Map

Source: MLSListings

MLS Number: ML81615025

MLSListings

APN: 042-164-090

California San Mateo County San Mateo 94403 Hillsdale

48 E 40th Ave Unit W, San Mateo, CA

Not Listed for Sale

Detached

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