NOT LISTED FOR SALE

488 E 28th Ave San Mateo, CA 94403

Hillsdale Neighborhood

Estimated Value: $1,790,000 - $2,030,181

2 Beds
1 Bath
1,260 Sq Ft
$1,517/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $1,365,000 $1,083 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $11,667/month

13 Days on Market

Highlights

  • Wood Flooring
  • Bonus Room
  • 2 Car Detached Garage
  • George Hall Elementary School Rated A
  • Den
  • 4-minute walk to Bay Meadows Park

About This Home

As of June 2019

Huge Opportunity! New listing in San Mateo Terrace. Situated in a highly sought-after neighborhood and offering a spacious, sun-filled floor plan, 488 28th Avenue is a wonderful home in a fantastic location! Recent paint, refinished hardwood flooring, a newer roof, freshly landscaped yards and an oversized two car garage top the list of special features. The rear yard is a dream - offering plenty of room for entertainment, the gardening enthusiast or for romp and play! Don't miss the bonus room and full bath adjacent to the garage (perfect for an at-home office, a teen getaway or...). Located within moments of Beresford Park, Hillsdale Mall, local schools and an abundance of other amenities!

Last Agent to Sell the Property

Philip Watson

Compass License #00605221 Listed on: 05/24/2019

Compass

Co-Listed By

Stephen Marshall

Compass License #01487186

Last Buyer's Agent

Rumana Jabeen

KW Advisors License #01296366

KW Advisors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 5,602 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Zoning described as R10006

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Den
  • Bonus Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 039-324-010

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 1260
  • Year Built: 1940
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining "L", Eat in Kitchen
  • Kitchen: Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Gas
  • Living Sq Ft: 1260
  • Stories: 1
  • Laundry: In Utility Room
  • Flooring: Hardwood, Tile
  • Additional Rooms: Bonus / Hobby Room, Den / Study / Office, Laundry Room, Office Area
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

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

Schools

  • High School: 641

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 039-324-010
  • Lot Acres: 0.1286
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5600.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Mateo Union High
  • High School Text: Hillsdale High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2019
Closed on
Jun 23, 2019
Sold by
First Baptist Church Of San Mateo
Bought by
Jangam Sujit R and Ganesan Subhashree
Seller's Agent
Philip Watson
Compass
Buyer's Agent
Rumana Jabeen
KW Advisors
List Price
$1,188,000
Sold Price
$1,365,000
Premium/Discount to List
$177,000
14.9%
Current Estimated Value
$1,923,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$558,095
Avg. Annual Appreciation
5.32%
Original Mortgage
$109,200
Outstanding Balance
$95,819
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,815,226
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
Jangam Sujit R $1,365,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jangam Sujit R $109,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2019 06/28/19 Sold $1,365,000 +14.9% $1,083 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $1,188,000 -12.0% $943 / Sq Ft
04/05/2016 04/05/16 Sold $1,350,000 +4.2% $771 / Sq Ft View Prior Sale
03/23/2016 03/23/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $1,295,000 +19.4% $740 / Sq Ft
12/26/2014 12/26/14 Sold $1,085,000 -2.9% $619 / Sq Ft View Prior Sale
12/07/2014 12/07/14 Pending -- -- --
10/27/2014 10/27/14 For Sale $1,117,320 -- $637 / 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 $19,089 $1,554,393 $1,115,517 $438,876
2023 $19,089 $1,494,037 $1,072,201 $421,836
2022 $18,475 $1,464,744 $1,051,178 $413,566
2021 $17,954 $1,436,024 $1,030,567 $405,457
2020 $17,306 $1,421,300 $1,020,000 $401,300
2019 $4,451 $306,256 $122,496 $183,760
2018 $3,929 $300,252 $120,095 $180,157
2017 $3,939 $294,366 $117,741 $176,625
2016 $3,886 $288,595 $115,433 $173,162
2015 $3,850 $284,261 $113,700 $170,561
2014 $3,978 $278,693 $111,473 $167,220
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Philip Watson

    Compass

    Section Image

  • S

    Seller Co-Listing Agent in 2019

    Stephen Marshall

    Compass

    Section Image
  • Rumana Jabeen

    Buyer's Agent in 2019

    Rumana Jabeen

    KW Advisors

    (650) 743-4503

    2 in this area

    128 Total Sales

    Rumana Jabeen
    Section Image

  • M

    Seller's Agent in 2016

    Milana Ostroy

    Coldwell Banker Realty

    Section Image

  • L

    Buyer's Agent in 2016

    Linda Wei

    Golden Gate Sotheby's International Realty

  • G

    Seller's Agent in 2014

    Gina Ray

    Intero Real Estate Services

    Section Image
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Map

Source: MLSListings

MLS Number: ML81753509

MLSListings

APN: 039-324-010

California San Mateo County San Mateo 94403 Hillsdale

488 E 28th Ave, San Mateo, CA

Not Listed for Sale

Detached

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