$1,550,000
SOLD FEB 27, 2024
3 Beds
1 Bath
1,100 Sq Ft
5,502 Sq Ft Lot

Recently Sold

$1,409 Per Sq Ft

2 Days on Market

Highlights

  • Wood Flooring
  • Breakfast Area or Nook
  • Bathtub with Shower
  • George Hall Elementary School Rated A
  • Double Oven
  • Forced Air Heating and Cooling System

About This Home

As of February 2024

Welcome to 505 Santa Clara Way, a charming and beautifully updated 3 bedroom, 1 bathroom home in the heart of San Mateo. As you step inside, you'll be greeted by a warm and inviting atmosphere, where attention to detail and thoughtful upgrades are evident. The well-appointed kitchen boasts modern appliances, stylish cabinetry, and ample counter space, making it a joy for both aspiring chefs and seasoned cooks alike. The home's three bedrooms provide cozy retreats, featuring ample natural light and space for personalization. The bathroom has been tastefully updated, offering an environment to unwind and refresh. The backyard offers ample space for you to enjoy outdoor living and entertaining. The covered lounge area includes a media center and heating lamps making it the perfect place to relax or watch the big game. Whether you're hosting a barbecue with friends or simply relaxing, this backyard is sure to become a favorite retreat. Conveniently located in San Mateo, 505 Santa Clara Way offers easy access to local amenities, schools, and parks. With its combination of classic charm and modern convenience, this home provides a unique opportunity for comfortable and stylish living.

Last Agent to Sell the Property

The Benson Group

Compass License #70010100 Listed on: 01/26/2024

Compass

Last Buyer's Agent

Ziwei Wang

Coldwell Banker Realty License #01917792

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,978

Year Built

  • Built in 1948

Lot Details

  • 5,502 Sq Ft Lot
  • Zoning described as R10006

Parking

  • 1 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Fireplace With Gas Starter
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in Garage
  • Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 040-103-080

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,978

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 76
  • Listing Class: Residential
  • Structure Sq Ft: 1100
  • Year Built: 1948
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter
  • Dining Room: Breakfast Nook
  • Kitchen: Cooktop - Electric, Dishwasher, Garbage Disposal, Microwave, Oven - Double, Refrigerator
  • Living Sq Ft: 1100
  • Stories: 1
  • Laundry: In Garage, Washer / Dryer
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

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

Utilities

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

Schools

  • School District: San Mateo Union High

Lot Info

  • Parcel Number: 040-103-080
  • Lot Acres: 0.1263
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5500.00

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
Jan 26, 2024
Closed on
Feb 22, 2024
Sold by
Salvi Joseph and Salvi Talia
Bought by
Liu Xi Yao
Seller's Agent
The Benson Group
Compass
Buyer's Agent
Ziwei Wang
Coldwell Banker Realty
List Price
$1,550,000
Sold Price
$1,550,000
Views
32
Current Estimated Value
$1,638,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,511
Avg. Annual Appreciation
5.12%
Original Mortgage
$1,240,000
Outstanding Balance
$1,221,317
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$445,105

Purchase Details

Listed on
Sep 27, 2019
Closed on
Oct 25, 2019
Sold by
Johnson Javon E
Bought by
Rutledge Donna
Seller's Agent
Caroline Dinsmore
Compass
Buyer's Agent
Lauren Benson
Compass
List Price
$1,298,000
Sold Price
$1,275,000
Premium/Discount to List
-$23,000
-1.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%
Original Mortgage
$956,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2011
Sold by
Guglielmi Robert
Bought by
Rutledge Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$594,536
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 2011
Sold by
Lee Anna M
Bought by
Guglielmi Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2009
Sold by
Lee Anna M
Bought by
Dunne Michael K

Purchase Details

Closed on
Mar 8, 2007
Sold by
Lewis Richard C and Doane Colleen
Bought by
Dunne Michael K and Lee Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$631,200
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2006
Sold by
Lewis Richard C
Bought by
Lewis Richard C and Doane Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,800
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 5, 2001
Sold by
Cowans Eric S and Cowans Jackie D
Bought by
Lewis Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
6.91%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 24, 1996
Sold by
Rada Kenneth D and Rada Eileen M
Bought by
Cowans Eric S and Cowans Jackie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,300
Interest Rate
8.5%
Source: Public Records

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Range of Values:

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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 $1,550,000 First American Title
Interfamily Deed Transfer -- First American Title Company
Grant Deed $1,275,000 First American Title Company
Grant Deed $610,000 Old Republic Title Company
Quit Claim Deed -- Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed $465,500 Old Republic Title Company
Interfamily Deed Transfer -- None Available
Individual Deed $789,000 North American Title Company
Interfamily Deed Transfer -- First American Title Company
Grant Deed $490,000 Old Republic Title Company
Grant Deed $254,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,240,000 New Conventional
Previous Owner $932,000 New Conventional
Previous Owner $956,250 New Conventional
Previous Owner $613,500 New Conventional
Previous Owner $625,000 New Conventional
Previous Owner $587,472 FHA
Previous Owner $594,536 FHA
Previous Owner $200,000 Purchase Money Mortgage
Previous Owner $631,200 Purchase Money Mortgage
Previous Owner $166,800 Credit Line Revolving
Previous Owner $55,000 Credit Line Revolving
Previous Owner $450,000 Stand Alone First
Previous Owner $49,000 Credit Line Revolving
Previous Owner $490,000 Stand Alone First
Previous Owner $30,000 Credit Line Revolving
Previous Owner $244,000 Unknown
Previous Owner $241,300 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2024 02/27/24 Sold $1,550,000 0.0% $1,409 / Sq Ft
01/28/2024 01/28/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $1,550,000 +21.6% $1,409 / Sq Ft
10/31/2019 10/31/19 Sold $1,275,000 -1.8% $1,159 / Sq Ft
10/03/2019 10/03/19 Pending -- -- --
09/27/2019 09/27/19 For Sale $1,298,000 -- $1,180 / 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 $16,978 $1,581,000 $1,122,000 $459,000
2023 $16,978 $1,340,250 $998,618 $341,632
2022 $16,565 $1,313,972 $979,038 $334,934
2021 $16,230 $1,288,209 $959,842 $328,367
2020 $15,657 $1,275,000 $950,000 $325,000
2019 $8,998 $686,844 $343,422 $343,422
2018 $8,502 $673,378 $336,689 $336,689
2017 $8,337 $660,176 $330,088 $330,088
2016 $8,141 $647,232 $323,616 $323,616
2015 $7,917 $637,510 $318,755 $318,755
2014 $7,671 $625,024 $312,512 $312,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81950850

MLSListings

APN: 040-103-080