$1,080,000
SOLD MAY 19, 2025
3 Beds
1 Bath
1,000 Sq Ft
6,216 Sq Ft Lot

Recently Sold

$1,080 Per Sq Ft

22% Above List Price

12 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Forced Air Heating System
  • Bayside Academy Rated A-
  • Bathtub with Shower
  • Dining Area

About This Home

As of May 2025

If you're searching for a starter home with endless potential in one of San Mateo's most up-and-coming neighborhoods, look no further than 517 Fallon Avenue in Shoreview. Whether you're planning to renovate for yourself or as an investment, this property presents a fantastic opportunity -- over a dozen homes in the area have been successfully updated and resold in the past 5 years. Ideally located near shops, parks, recreational areas, and major commute routes, this property offers the utmost convenience. The 101 Freeway is just 1/2 a mile away, making commuting a breeze. Enjoy the vibrant shopping & dining scene of Downtown San Mateo, just about a mile away. Ryder Park is only 1/2 a mile from your doorstep, with Seal Point Park right next to it -- both offering scenic open spaces and waterfront views. Outdoor enthusiasts will love being near the San Francisco Bay Trail. The trail connects you to the nearby Coyote Point Recreation Area, which features open fields, picnic spots, playgrounds, and a beach with stunning views of the San Francisco skyline. Families will appreciate access to top-rated local schools, further enhancing the home's value. The home itself is a blank canvas with a well-designed floor plan and a spacious backyard -- ready for your vision to bring it to life.

Last Agent to Sell the Property

Stanley Lo

Green Banker Realty License #00874415 Listed on: 04/10/2025

Last Buyer's Agent

Harry He

Keller Williams Thrive License #02134546

Keller Williams Thrive

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 6,216 Sq Ft Lot
  • Zoning described as R106

Parking

  • 1 Car Attached Garage

Home Design

  • Fixer Upper
  • Shingle Roof
  • Tar and Gravel Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Laundry in Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 033-273-250

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Property Condition: Fixer Upper
  • Listing Class: Residential
  • Structure Sq Ft: 1000
  • Year Built: 1949
  • Zoning Description: R106
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Living Sq Ft: 1000
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition, Shingle, Tar and Gravel

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: 033-273-250
  • Lot Acres: 0.1427
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6218.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6218.00

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
Apr 10, 2025
Closed on
May 9, 2025
Sold by
Rickson William Karl
Bought by
Zhang Xinchun
Seller's Agent
Stanley Lo
Green Banker Realty
Buyer's Agent
Harry He
Keller Williams Thrive
List Price
$888,000
Sold Price
$1,080,000
Premium/Discount to List
$192,000
21.62%
Views
62
Current Estimated Value
$1,163,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,122
Avg. Annual Appreciation
12.28%
Original Mortgage
$863,440
Outstanding Balance
$860,376
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$302,746
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 Type Sale Price Title Company
Grant Deed $1,080,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $863,440 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2025 05/19/25 Sold $1,080,000 +21.6% $1,080 / Sq Ft
04/23/2025 04/23/25 Pending -- -- --
04/10/2025 04/10/25 For Sale $888,000 -- $888 / 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 $4,448 $247,765 $99,504 $148,261
2023 $4,448 $238,145 $95,641 $142,504
2022 $4,370 $233,476 $93,766 $139,710
2021 $4,153 $228,899 $91,928 $136,971
2020 $4,001 $226,553 $90,986 $135,567
2019 $3,400 $222,111 $89,202 $132,909
2018 $2,992 $217,756 $87,453 $130,303
2017 $3,145 $213,488 $85,739 $127,749
2016 $3,107 $209,303 $84,058 $125,245
2015 $3,038 $206,160 $82,796 $123,364
2014 $2,899 $202,123 $81,175 $120,948
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML82001944

MLSListings

APN: 033-273-250