NOT LISTED FOR SALE

506 E Capistrano Way Unit E San Mateo, CA 94402

Baywood-Aragon Neighborhood

Estimated Value: $2,545,000 - $2,886,000

3 Beds
2.5 Baths
1,990 Sq Ft
$1,382/Sq Ft Est. Value

Last Sold September 26, 2016

Last sale price $1,677,500 $843 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $16,538/month

75 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Breakfast Area or Nook
  • Baywood Elementary School Rated A
  • Den
  • Formal Dining Room

About This Home

As of September 2016

Much sought after Parrot Park elongated corner ranch style home with original charm. Spacious Living Room with wood-burning fireplace, gracious separate formal dining, roomy kitchen with adjoining charming sunny breakfast nook with bay windows. Master Suite with his and her closets. Second BR with its own full bath. There is an ample bonus room with closet and half bath with entrance to patio that could be 3rd bedroom or den. Hardwood Floors throughout. Cedar lined closets. Garage has two separate automatic doors. Large attic area with pull down ladder. Newer roof Oct. 2015. Yard has aggregate patio, in-ground sauna and BBQ area. Walk to lively downtown San Mateo with many restaurants, movie theater, San Mateo Park, and Transportation. Great San Mateo Schools. First time on market since 1988.

Last Agent to Sell the Property

Susan Baltzer

Bay Area Independent Real Estate Broker License #00701803 Listed on: 06/11/2016

Last Buyer's Agent

Raziel A. Ungar

Compass License #01701234

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 6,839 Sq Ft Lot
  • Fenced
  • Level Lot
  • Zoning described as R10006

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,990 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room
  • Den
  • Washer and Dryer
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 034-132-010

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 1990
  • Year Built: 1948
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Countertop - Formica, Dishwasher, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1990
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Vinyl / Linoleum
  • Additional Rooms: Attic, Den / Study / Office
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio, BBQ Area
  • Fencing: Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Radiant
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 034-132-010
  • Lot Acres: 0.1570
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6817.14
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6817.14

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
Jun 11, 2016
Closed on
Sep 19, 2016
Sold by
Sharma Sonam
Bought by
Bhardwaj Vatsal
Seller's Agent
Susan Baltzer
Bay Area Independent Real Estate Broker
Buyer's Agent
Raziel A. Ungar
Compass
List Price
$1,888,000
Sold Price
$1,677,500
Premium/Discount to List
-$210,500
-11.15%
Current Estimated Value
$2,749,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,071,807
Avg. Annual Appreciation
5.47%
Original Mortgage
$1,174,250
Outstanding Balance
$913,727
Interest Rate
2.65%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,835,580

Purchase Details

Closed on
Feb 9, 2015
Sold by
Ritschy Gregory F
Bought by
Ritschy Gregory F and The Gregory Ritschy Trust

Purchase Details

Closed on
Jan 25, 2008
Sold by
Ritschy Virginia G and Ritschy Valentine C
Bought by
Ritschy Virginia G and Ritschy Gregory F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2007
Sold by
Ritschy Virginia G and Ritschy Valentine C
Bought by
Ritschy Virginia G and Ritschy Valentine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2002
Sold by
Ritschy Virginia G and Ritschy Valentine C
Bought by
Ritschy Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.05%

Purchase Details

Closed on
Sep 24, 1999
Sold by
Ritschy Val C and Ritschy Virginia G
Bought by
Ritschy Virginia G and Ritschy Valentine C

Purchase Details

Closed on
Apr 22, 1998
Sold by
Ritschy Gregory F
Bought by
Ritschy Val C and Ritschy Virginia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.06%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bhardwaj Vatsal -- North American Title Co Inc
Bhardwaj Vatsal $1,677,500 North American Title Co Inc
Ritschy Gregory F -- None Available
Ritschy Virginia G -- United Title Co Orange Cty
Ritschy Virginia G -- Fidelity National Title Co
Ritschy Virginia -- Fidelity National Title
Ritschy Virginia G -- --
Ritschy Virginia G -- --
Ritschy Val C -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhardwaj Vatsal $1,174,250
Previous Owner Ritschy Virginia G $300,000
Previous Owner Ritschy Virginia G $265,000
Previous Owner Ritschy Virginia $220,000
Previous Owner Ritschy Val C $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2016 09/26/16 Sold $1,677,500 -6.2% $843 / Sq Ft
08/26/2016 08/26/16 Pending -- -- --
08/02/2016 08/02/16 Price Changed $1,788,000 -5.3% $898 / Sq Ft
06/11/2016 06/11/16 For Sale $1,888,000 -- $949 / 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 $26,111 $2,140,306 $1,546,478 $593,828
2023 $26,111 $2,057,198 $1,486,427 $570,771
2022 $24,973 $2,016,862 $1,457,282 $559,580
2021 $26,019 $1,977,316 $1,428,708 $548,608
2020 $24,292 $1,957,043 $1,414,059 $542,984
2019 $23,013 $1,918,671 $1,386,333 $532,338
2018 $23,435 $1,881,050 $1,359,150 $521,900
2017 $19,657 $1,696,500 $1,332,500 $364,000
2016 $2,326 $148,595 $60,011 $88,584
2015 $2,186 $146,364 $59,110 $87,254
2014 $1,795 $143,498 $57,953 $85,545
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Susan Baltzer

    Bay Area Independent Real Estate Broker

    (650) 522-9898

    5 Total Sales

    Susan Baltzer
    Section Image

  • R

    Buyer's Agent in 2016

    Raziel A. Ungar

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81590210

MLSListings

APN: 034-132-010

California San Mateo County San Mateo 94402 Baywood-Aragon

506 E Capistrano Way Unit E, San Mateo, CA

Not Listed for Sale

Detached

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