NOT LISTED FOR SALE

523 Occidental Ave San Mateo, CA 94402

San Mateo Park Neighborhood

Estimated Value: $3,997,000 - $4,937,000

5 Beds
3.5 Baths
3,274 Sq Ft
$1,387/Sq Ft Est. Value

Last Sold October 04, 2018

Last sale price $3,150,000 $962 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $26,849/month

18 Days on Market

Highlights

  • Wine Cellar
  • Marble Flooring
  • 2 Car Detached Garage
  • Borel Middle School Rated A-
  • Breakfast Room
  • Garden Windows

About This Home

As of October 2018

*Steeped in classic country elegance dating back to 1924, this home makes a commanding first impression in sought-after San Mateo Park.The spacious two-story home begins with a traditional foyer,formal living room with classic fireplace,and a formal dining room.A wood-paneled family room that connects with the updated kitchen and separate breakfast room is certain to be the heart of the home.Refinished hardwood floors, new paint, and crown moldings throughout add designer appeal. Personal accommodations include a luxurious main-level master suite with garden access and updated en suite bath.Upstairs, there are four additional bedrooms,including a guest suite plus one with floor-to-ceiling built-ins that is ideal for an office.With beautifully landscaped front and rear grounds,plus a location convenient to fine dining and shops in downtown Burlingame or San Mateo,this is truly a wonderful place to call home!

Last Agent to Sell the Property

Cam Thompson

Coldwell Banker Realty License #01295759 Listed on: 09/06/2018

Coldwell Banker Realty

Last Buyer's Agent

J. Michael Horwitz

Coldwell Banker Realty License #00470461

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 9,749 Sq Ft Lot
  • Zoning described as R10010

Parking

  • 2 Car Detached Garage
  • Secured Garage or Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,274 Sq Ft Home
  • 2-Story Property
  • Garden Windows
  • Wine Cellar
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Unfinished Basement

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 031-051-080

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 3274
  • Year Built: 1924
  • Zoning Description: R10010
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Breakfast Bar, Breakfast Room, Dining Area in Family Room, Formal Dining Room
  • Kitchen: Dishwasher, Garbage Disposal, Microwave, Oven Range, Refrigerator, Warming Drawer
  • Living Sq Ft: 3274
  • Stories: 2
  • Security: Secured Garage / Parking
  • Flooring: Hardwood, Marble, Tile
  • Additional Rooms: Basement - Unfinished, Wine Cellar / Storage
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Garden Window

Schools

  • High School: 672

Lot Info

  • Parcel Number: 031-051-080
  • Lot Acres: 0.2238
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9750.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9750.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
Sep 27, 2018
Sold by
Mclaughlin John P and Mclaughlin Susann E
Bought by
Krumins Aleks and Gilmartin Heather
Seller's Agent
Cam Thompson
Coldwell Banker Realty
Buyer's Agent
J. Michael Horwitz
Coldwell Banker Realty
List Price
$3,295,000
Sold Price
$3,150,000
Premium/Discount to List
-$145,000
-4.4%
Current Estimated Value
$4,540,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,390,810
Avg. Annual Appreciation
5.14%
Original Mortgage
$2,150,000
Outstanding Balance
$1,874,928
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,665,882
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
Krumins Aleks $3,150,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krumins Aleks $2,150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2018 10/04/18 Sold $3,150,000 -4.4% $962 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $3,295,000 -- $1,006 / 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 $40,084 $3,402,330 $2,509,917 $892,413
2023 $40,084 $3,270,214 $2,412,454 $857,760
2022 $38,608 $3,206,093 $2,365,151 $840,942
2021 $38,302 $3,143,229 $2,318,776 $824,453
2020 $38,170 $3,213,000 $2,397,000 $816,000
2019 $36,753 $3,150,000 $2,350,000 $800,000
2018 $19,163 $1,641,030 $820,515 $820,515
2017 $18,667 $1,608,854 $804,427 $804,427
2016 $18,772 $1,577,308 $788,654 $788,654
2015 $18,422 $1,553,616 $776,808 $776,808
2014 $18,358 $1,523,184 $761,592 $761,592
Source: Public Records

Agents Affiliated with this Home

  • Cam Thompson

    Seller's Agent in 2018

    Cam Thompson

    Coldwell Banker Realty

    (650) 302-2611

    51 Total Sales

    Cam Thompson
    Section Image

  • J

    Buyer's Agent in 2018

    J. Michael Horwitz

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81722084

MLSListings

APN: 031-051-080

California San Mateo County San Mateo 94402 San Mateo Park

523 Occidental Ave, San Mateo, CA

Not Listed for Sale

Detached

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