517 Fallon Ave San Mateo, CA 94401
South Shoreview Neighborhood
3
Beds
1
Bath
1,000
Sq Ft
6,216
Sq Ft Lot
Highlights
- Wood Flooring
- Bathtub with Shower
- Dining Area
- Aragon High School Rated A+
- Forced Air Heating System
- 1-Story Property
About This Home
As of May 2025If 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
Green Banker Realty License #00874415 Listed on: 04/10/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,448
Year Built
- Built in 1949
Lot Details
- 6,216 Sq Ft Lot
- Zoning described as R106
Parking
- 1 Car 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
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%
Total Days on Market
12
Views
62
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,000
Avg. Annual Appreciation
3.12%
Original Mortgage
$863,440
Outstanding Balance
$861,917
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$227,083
Similar Homes in San Mateo, CA
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Home Values in the Area
Average Home Value in this Area
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 | |
| Previous Owner | $90,000 | Credit Line Revolving | |
| Previous Owner | $175,000 | Credit Line Revolving | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $100,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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
-
Stanley Lo
Seller's Agent in 2025
Stanley Lo
Green Banker Realty
(650) 222-1045
2 in this area
392 Total Sales
-
Harry He
Buyer's Agent in 2025
Harry He
Keller Williams Thrive
(860) 771-3532
1 in this area
29 Total Sales
Map
Source: MLSListings
MLS Number: ML82001944
APN: 033-273-250
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