NOT LISTED FOR SALE

Gramercy On the Park 555 Laurel Ave Unit 111 San Mateo, CA 94401

Downtown San Mateo Neighborhood

Estimated Value: $890,000 - $920,000

1 Bed
2 Baths
1,106 Sq Ft
2.12 Acre Lot

Sale Details

Date Sold: June 13, 2023

Last sale price $950,000 $859 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $7,331 / mo

12 Days on Market

Highlights

  • Doorman
  • Community Cabanas
  • Sauna
  • Borel Middle School Rated A-
  • Fitness Center
  • 2-minute walk to San Mateo Central Park

About This Home

As of June 2023

Uncompromising Luxury at Gramercy on The Park! Wonderful blueprint with easy flow, breathtaking views of Central Park and prized downtown location. New flooring, fresh paint, crown mouldings, custom window coverings and stylish touches throughout. Masterfully updated eat-in kitchen. Dining area ideal for every day living as well as social gatherings. Elegant living room with floor-to-ceiling glass doors opening to the majestic patio exploding with beauty and color. Magnificent stone fireplace, office nook and a wall of glass that captures the beauty of Central Park. Large primary suite with walk-in closet, oversized window and well appointed bath. Security is pronounced with on-site management and door person. Pet friendly building with spectacular indoor-outdoor courtyard, heated pool, hot tub, sauna and exercise facility. Storage, parking, and in unit laundry. Enjoy downtown shopping, restaurants, transportation, entertainment and medical facilities. A tremendous value!

Last Agent to Sell the Property

Mike Bohnert

Coldwell Banker Realty License #01325031 Listed on: 04/27/2023

Coldwell Banker Realty

Last Buyer's Agent

Dennis Murphy

Golden Gate Sotheby's International Realty License #01741159

Golden Gate Sotheby's International Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1980

Lot Details

  • 2.12

HOA Fees

  • $1,308 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Enclosed Parking
  • Secured Garage or Parking
  • Guest Parking
  • Assigned Parking

Property Views

  • City Lights
  • Mountain
  • Garden
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Reinforced Concrete Foundation

Interior Spaces

  • 1,106 Sq Ft Home
  • 1-Story Property
  • Wired For Sound
  • Circular Fireplace
  • Bay Window
  • Garden Windows
  • Formal Entry
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Storage Room
  • Sauna

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Solid Surface Bathroom Countertops
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Laundry in unit
  • Washer and Dryer

Home Security

Pool

  • Heated Indoor Pool
  • Cabana
  • Heated In Ground Pool
  • Spa

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Thermostat
  • Cable TV Available

Additional Features

  • West Facing Home

Listing and Financial Details

  • No Waterbeds Allowed
  • Assessor Parcel Number 109-180-110

Community Details

Overview

  • Association fees include cable / dish, common area electricity, door person, exterior painting, fencing, garbage, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, recreation facility, reserves, roof, water / sewer
  • 143 Units
  • Gramercy Association
  • Built by Gramercy On The Park

Amenities

  • Doorman
  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Elevator
  • Community Storage Space

Recreation

  • Community Cabanas
  • Lap or Exercise Community Pool

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Building Fire Escape
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1980

Lot Details

2.12 Acres

HOA Fees

$1,308 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Style: Luxury
  • Restrictions: Age - No Restrictions, No Waterbeds, Pets - Allowed, Pets - Rules
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Max Numberof Unitsin Building: 143
  • Min Numberof Unitsin Complex: 143
  • Structure Sq Ft: 1106
  • Complex Name: Gramercy On The Park
  • Incorporated: Yes
  • Year Built: 1980
  • Zoning Description: R6000D
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area, Eat in Kitchen
  • Kitchen: Countertop - Other, Dishwasher, Exhaust Fan, Garbage Disposal, Oven - Double, Oven - Electric, Pantry, Refrigerator
  • Living Sq Ft: 1106
  • Stories: 1
  • Security: Closed Circuit Monitoring (24-hour), Controlled / Secured Access, Fire Alarm, Fire Escape, Fire System - Sprinkler, Secured Garage / Parking
  • Bedrooms: Primary Suite / Retreat, Walk-in Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Formal Entry, Office Area, Storage
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Bathroom: Shower over Tub - 1, Solid Surface, Tile, Tub, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Reinforced Concrete
  • Pool Description: Cabana / Dressing Room, Pool - Heated, Pool - In Ground, Pool - Indoor, Pool - Lap, Spa / Hot Tub, Steam Room or Sauna
  • View: City Lights, Garden / Greenbelt, Mountains, Neighborhood, Park
  • Yard/Grounds: Balcony / Patio
  • Pool: Yes
  • Property Faces: West

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Assigned Spaces, Enclosed, Guest / Visitor Parking

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 1308
  • HOA Amenities: Additional Storage, BBQ Area, Cabana, Community Pool, Door Person, Elevator, Gym / Exercise Facility, Sauna / Spa / Hot Tub, Trash Chute
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Cable / Dish, Common Area Electricity, Door Person, Exterior Painting, Fencing, Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, or Tennis, Recreation Facility, Reserves, Roof, Water / Sewer
  • H O A Name Text: Gramercy
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Garden Window, Walk-in Closet

Schools

  • High School: 602

Lot Info

  • Parcel Number: 109-180-110
  • Lot Acres: 2.1211
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 92393.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 92393.00

Green Features

  • Energy Features: Thermostat Controller

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Mateo Union High
  • Elementary School Text: Sunnybrae Elementary
  • High School Text: Aragon High
  • Middle School Text: Borel Middle

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
May 31, 2023
Sold by
Bought by
Seller's Agent
Mike Bohnert
Coldwell Banker Realty
Buyer's Agent
Dennis Murphy
Golden Gate Sotheby's International Realty
List Price
$988,000
Sold Price
$950,000
Premium/Discount to List
-$38,000
-3.85%
Views
84
Current Estimated Value
$902,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,801
Avg. Annual Appreciation
-1.63%
Original Mortgage
$712,500
Outstanding Balance
$686,651
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$215,548

Purchase Details

Listed on
Feb 14, 2019
Closed on
Mar 5, 2019
Sold by
Bought by
Seller's Agent
Angela Cheong
Hometown Realty A Janet Pepe Davis Agency
Buyer's Agent
Mike Bohnert
Compass
List Price
$886,600
Sold Price
$900,000
Premium/Discount to List
$13,400
1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.28%

Purchase Details

Closed on
Mar 29, 2012
Sold by
Bought by

Purchase Details

Closed on
Mar 14, 2012
Sold by
Bought by

Purchase Details

Closed on
Jun 11, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Fidelity National Title Compan
$900,000 North American Title Co Inc
$419,500 North American Title Co Inc
-- North American Title Co Inc
$219,000 Old Republic Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $712,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2023 06/13/23 Sold $950,000 -3.8% $859 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $988,000 +9.8% $893 / Sq Ft
03/18/2019 03/18/19 Sold $900,000 +1.5% $822 / Sq Ft View Prior Sale
02/17/2019 02/17/19 Pending -- -- --
02/14/2019 02/14/19 For Sale $886,600 -- $810 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $12,833 $1,008,147 $302,444 $705,703
2025 $12,833 $988,380 $296,514 $691,866
2023 $12,638 $964,980 $289,494 $675,486
2022 $12,326 $946,060 $283,818 $662,242
2021 $12,051 $927,510 $278,253 $649,257
2020 $11,512 $918,000 $275,400 $642,600
2019 $6,644 $472,063 $141,617 $330,446
2018 $6,011 $462,808 $138,841 $323,967
2017 $5,743 $453,734 $136,119 $317,615
2016 $5,697 $444,838 $133,450 $311,388
2015 $5,587 $438,157 $131,446 $306,711
2014 $5,472 $429,575 $128,872 $300,703
Source: Public Records

Agents Affiliated with this Home

  • Mike Bohnert

    Seller's Agent in 2023

    Mike Bohnert

    Coldwell Banker Realty

    (650) 802-7780

    1 in this area

    139 Total Sales

    Mike Bohnert
    Section Image
  • Dennis Murphy

    Buyer's Agent in 2023

    Dennis Murphy

    Golden Gate Sotheby's International Realty

    (415) 310-7956

    1 in this area

    40 Total Sales

    Dennis Murphy
    Section Image

  • A

    Seller's Agent in 2019

    Angela Cheong

    Hometown Realty A Janet Pepe Davis Agency

    Section Image
See All Agents

About Gramercy On the Park

Map

Source: MLSListings

MLS Number: ML81926109

MLSListings

APN: 109-180-110

California San Mateo County San Mateo 94401 Downtown San Mateo

555 Laurel Ave Unit 111, San Mateo, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2026 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.